Fortis Inc
TSX:FTS
Net Margin
Fortis Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| CA |
|
Fortis Inc
TSX:FTS
|
32.4B CAD |
14%
|
|
| US |
|
Nextera Energy Inc
NYSE:NEE
|
144.9B USD |
28%
|
|
| ES |
|
Iberdrola SA
MAD:IBE
|
93.9B EUR |
13%
|
|
| US |
|
Southern Co
NYSE:SO
|
100.2B USD |
16%
|
|
| US |
|
Duke Energy Corp
NYSE:DUK
|
92.7B USD |
15%
|
|
| IT |
|
Enel SpA
MIL:ENEL
|
76.5B EUR |
9%
|
|
| US |
|
Constellation Energy Corp
NASDAQ:CEG
|
64.3B USD |
16%
|
|
| US |
|
American Electric Power Company Inc
NASDAQ:AEP
|
57B USD |
15%
|
|
| FR |
|
Electricite de France SA
PAR:EDF
|
46.6B EUR |
-13%
|
|
| US |
|
Exelon Corp
NASDAQ:EXC
|
44.9B USD |
11%
|
|
| US |
|
Xcel Energy Inc
NASDAQ:XEL
|
40B USD |
14%
|
Fortis Inc
Glance View
Fortis Inc. has quietly become a formidable entity in the North American utility landscape, intertwining its legacy with the very infrastructure that powers homes and businesses across the continent. Headquartered in St. John's, Newfoundland and Labrador, this energy titan traces its origins to 1885 with the foundation of the St. John's Electric Company. Through a series of strategic acquisitions and developments, Fortis expanded its reach, becoming a linchpin in the electric and gas utility sectors. Today, it holds a vast portfolio of utility operations, stretching from British Columbia through the Caribbean, with significant footprints in the United States through subsidiaries like ITC Holdings Corp. and UNS Energy. This wide geographical presence not only provides Fortis with revenue stability and diverse income channels but also places it in a prime position to reinvest in renewable energy and smart grid technologies. The company's financial engine runs on the dependable streams of regulated utility earnings, a model that offers protection against economic fluctuations. By owning and operating electric and gas utilities serving millions of customers, Fortis ensures a steady cash flow through rate-regulated returns. Investments in infrastructure, such as upgraded transmission lines and electric grids, are balanced with customer demand and regulatory frameworks. Fortis's strategic approach focuses on delivering reliable energy services while pursuing growth opportunities that allow the company to sustainably increase shareholder value. As the world pivots toward cleaner energy solutions, Fortis continues to seek enhancements that not only optimize operational efficiencies but also reinforce its commitment to innovation and sustainability in the utility sector.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Fortis Inc's most recent financial statements, the company has Net Margin of 14%.
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