Fortis Operating Margin 2016-2025 | FTS
- Fortis average operating margin for 2024 was 28.12%, a 9.12% increase from 2023.
- Fortis average operating margin for 2023 was 25.77%, a 2.59% increase from 2022.
- Fortis average operating margin for 2022 was 25.12%, a 6.79% increase from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.