Fortis Operating Margin 2016-2024 | FTS

Fortis operating margin for the quarter ending June 30, 2024 was 28.21%.

  • 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.
  • Fortis average operating margin for 2021 was 26.95%, a 10.32% decline from 2020.

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.

Fortis Operating Margin 2016-2024 | FTS

  • 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.
  • Fortis average operating margin for 2021 was 26.95%, a 10.32% decline from 2020.

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.
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