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.
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