Fortis Inc
TSX:FTS

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Fortis Inc
TSX:FTS
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Price: 62.38 CAD 1.27% Market Closed
Market Cap: 30.9B CAD
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Gross Margin
Fortis Inc

70.2%
Current
67%
Average
34.4%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70.2%
=
Gross Profit
8B
/
Revenue
11.4B

Gross Margin Across Competitors

Country CA
Market Cap 31B CAD
Gross Margin
70%
Country US
Market Cap 153.6B USD
Gross Margin
0%
Country US
Market Cap 95.7B USD
Gross Margin
89%
Country ES
Market Cap 86.3B EUR
Gross Margin
45%
Country US
Market Cap 85.9B USD
Gross Margin
67%
Country IT
Market Cap 68.8B EUR
Gross Margin
64%
Country US
Market Cap 71.1B USD
Gross Margin
46%
Country US
Market Cap 55.4B USD
Gross Margin
86%
Country US
Market Cap 50B USD
Gross Margin
68%
Country FR
Market Cap 46.6B EUR
Gross Margin
36%
Country DK
Market Cap 45.2B EUR
Gross Margin
43%

Profitability Report

View the profitability report to see the full profitability analysis for Fortis Inc.

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70.2%
=
Gross Profit
8B
/
Revenue
11.4B
What is the Gross Margin of Fortis Inc?

Based on Fortis Inc's most recent financial statements, the company has Gross Margin of 70.2%.