FORTIS INC.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Jun 2016 | — | 20.9% | 9.6% |
| Jun 2017 | — | 31.1% | 15.5% |
| Jun 2018 | 74.0% | 29.7% | 15.0% |
| Jun 2019 | 74.8% | 56.3% | 38.8% |
| Jun 2020 | 75.3% | 28.8% | 15.6% |
| Jun 2021 | 72.2% | 26.2% | 13.9% |
| Jun 2022 | 68.0% | 24.7% | 13.3% |
| Jun 2023 | 69.7% | 25.2% | 13.3% |
| Jun 2024 | 73.3% | 27.6% | 14.5% |
| Jun 2025 | 74.6% | 28.4% | 15.8% |