Last quarter (Q3 2024), Fortis's total revenue was $2.77B, an increase of 1.91% from the same quarter last year. In Q3, Fortis's net income was $420.00M. See Fortis’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 11.44B	$ 11.52B	$ 11.04B	$ 9.45B	$ 8.94B	$ 8.78B
Cost of Revenue	$ 2.62B	$ ―	$ 3.95B	$ 2.95B	$ 2.56B	$ 2.52B
Gross Profit	$ 8.82B	$ 11.52B	$ 7.09B	$ 6.50B	$ 6.37B	$ 6.26B
Operating Expense	$ 5.62B	$ 8.43B	$ 4.35B	$ 4.03B	$ 3.87B	$ 3.80B
Operating Income	$ 3.21B	$ 3.08B	$ 2.74B	$ 2.47B	$ 2.51B	$ 2.46B
Net Non Operating Interest Income Expense	$ -1.30B	$ -1.23B	$ -1.09B	$ 998.00M	$ 1.03B	$ 1.02B
Other Income Expense	$ 150.00M	$ 215.00M	$ -224.00M	$ 168.00M	$ 141.00M	$ 699.00M
Pretax Income	$ 2.18B	$ 2.07B	$ 1.87B	$ 1.64B	$ 1.62B	$ 2.14B
Tax Provision	$ 372.00M	$ 360.00M	$ 289.00M	$ 234.00M	$ 231.00M	$ 289.00M
Earnings From Equity Interest Net Of Tax	$ 106.00M	$ 101.00M	$ 78.00M	$ 7.00M	$ 20.00M	$ -1.00M
Net Income Common Stockholders	$ 1.59B	$ 1.51B	$ 1.33B	$ 1.23B	$ 1.21B	$ 1.66B
Basic EPS	$ 2.82	$ 3.10	$ 2.78	$ 2.61	$ 2.60	$ 3.79
Diluted EPS	$ 2.82	$ 3.10	$ 2.78	$ 2.61	$ 2.60	$ 3.78
Basic Average Shares	$ 2.94B	$ 486.30M	$ 478.60M	$ 470.90M	$ 464.80M	$ 436.80M
Diluted Average Shares	$ 2.94B	$ 486.50M	$ 479.00M	$ 471.40M	$ 465.40M	$ 437.50M
Dividend Per Share	$ 2.36	$ 2.30	$ 2.20	$ 2.05	$ 1.94	$ 1.83
Total Operating Income As Reported	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Basic E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Diluted E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Rent Expense Supplemental	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Expenses	$ 8.24B	$ 8.43B	$ 8.30B	$ -6.98B	$ -6.43B	$ -6.32B
Net Income From Continuing And Discontinued Operation	$ 1.61B	$ 1.57B	$ 1.39B	$ 1.29B	$ 1.27B	$ 1.72B
Normalized Income	$ 2.00B	$ 1.50B	$ 1.38B	$ 1.13B	$ 1.11B	$ 911.63M
Interest Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
EBIT	$ 3.20B	$ 3.38B	$ 2.98B	$ 2.64B	$ 2.66B	$ 3.18B
EBITDA	$ 5.08B	$ 5.15B	$ 4.57B	$ 4.15B	$ 4.09B	$ 4.53B

Currency in USD

Fortis Earnings and Revenue History

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