Fortis Net Profit Margin from 2010 to 2024

FTS Stock  USD 45.16  0.34  0.76%   
Fortis Net Profit Margin yearly trend continues to be comparatively stable with very little volatility. Net Profit Margin will likely drop to 0.08 in 2024. Net Profit Margin is the percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue. View All Fundamentals
 
Net Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.13658071
Current Value
0.0776
Quarterly Volatility
0.03284707
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 1.4 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0393 or PTB Ratio of 1.44. Fortis financial statements analysis is a perfect complement when working with Fortis Valuation or Volatility modules.
  
Check out the analysis of Fortis Correlation against competitors.

Latest Fortis' Net Profit Margin Growth Pattern

Below is the plot of the Net Profit Margin of Fortis Inc over the last few years. It is the percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue. Fortis' Net Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortis' overall financial position and show how it may be relating to other accounts over time.
Net Profit Margin10 Years Trend
Slightly volatile
   Net Profit Margin   
       Timeline  

Fortis Net Profit Margin Regression Statistics

Arithmetic Mean0.12
Geometric Mean0.11
Coefficient Of Variation28.37
Mean Deviation0.03
Median0.12
Standard Deviation0.03
Sample Variance0
Range0.1259
R-Value0.46
Mean Square Error0.0009
R-Squared0.21
Significance0.08
Slope0
Total Sum of Squares0.02

Fortis Net Profit Margin History

2024 0.0776
2022 0.13
2019 0.2
2018 0.14
2016 0.0965
2015 0.12
2014 0.0702

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Net Profit Margin, to determine how well the company is positioned to perform in the future. Although Fortis investors may analyze each financial statement separately, they are all interrelated. The changes in Fortis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Profit Margin 0.14  0.08 

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Additional Tools for Fortis Stock Analysis

When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.