Fortis Gross Margin 2016-2024 | FTS

Fortis gross margin for the quarter ending June 30, 2024 was 44.39%.

  • Fortis average gross margin for 2023 was 40.68%, a 0.05% increase from 2022.
  • Fortis average gross margin for 2022 was 40.66%, a 5.11% increase from 2021.
  • Fortis average gross margin for 2021 was 42.85%, a 3.16% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Fortis Gross Margin 2016-2024 | FTS

  • Fortis average gross margin for 2023 was 40.68%, a 0.05% increase from 2022.
  • Fortis average gross margin for 2022 was 40.66%, a 5.11% increase from 2021.
  • Fortis average gross margin for 2021 was 42.85%, a 3.16% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
Related Stocks
Company NameMarket
Cap
NextEra Energy (NEE)$174B
Southern (SO)$97.8B
Iberdrola S.A (IBDRY)$94.9B
Duke Energy (DUK)$90.6B
National Grid Transco (NGG)$68B
American Electric Power (AEP)$55.4B
Pacific Gas & Electric (PCG)$51.7B
Dominion Energy (D)$48.8B
Public Service Enterprise Group (PEG)$41.9B
Exelon (EXC)$40.3B
Consolidated Edison Inc (ED)$36.2B
Xcel Energy (XEL)$35.6B
Edison (EIX)$33B
WEC Energy (WEC)$30.3B
Vistra (VST)$29.4B
Entergy (ETR)$27.2B
DTE Energy (DTE)$26.1B
FirstEnergy (FE)$25.6B
Eversource Energy (ES)$24.3B
PPL (PPL)$23.9B
CLP Holdings (CLPHY)$22.6B
Ameren (AEE)$22.4B
Tenaga Nasional Berhad (TNABY)$21.5B
CMS Energy (CMS)$20.9B
CenterPoint Energy (CNP)$17.9B
Terna Rete Elettrica Nazionale SpA (TEZNY)$17.9B
Centrais El¿tricas Brasileiras SA (EBR)$17.4B
NRG Energy (NRG)$16.7B
Alliant Energy (LNT)$15.3B
NiSource (NI)$15.3B