Expense Ratio (Quarterly)

Expense Ratio: A measure of profitability used by an insurance company to indicate how well it is performing in its daily operations. The expense ratio is calculated by taking the operating expenses and then dividing them by earned premium. Calculated as: (Total Operating Expenses - Underwriting Losses Total) / Net Premiums Earned

Fortis (FTS) Expense Ratio data is not available.

Quarterly Annual

Figures for fiscal quarter ending 2026-03-31

Income Statement Financials
Revenue	$2.48B
Net Income	$365.18M
Cost of Goods Sold	$1.40B
Gross Profit	$1.08B
Operating Expenses	$1.78B
Operating Income	$696.10M
Non-Operating Income/Expense	$-204.82M
Pre-Tax Income	$491.28M
Normalized Pre-Tax Income	$491.28M
Income after Taxes	$409.64M
Income from Continuous Operations	$409.64M
Consolidated Net Income/Loss	$409.64M
Normalized Income after Taxes	$409.64M
EBIT	$696.10M
EBITDA	$1.08B
Weighted-Average Shares Outstanding (Basic)	508.20M
Weighted-Average Shares Outstanding (Diluted)	508.50M
Earnings per Share (EPS) (Basic)	$0.72
Earnings per Share (EPS) (Diluted)	$0.72
Balance Sheet Financials
Current Assets	$2.99B
Property, Plant, and Equipment	$38.06B
Long-Term Assets	$52.92B
Total Assets	$55.92B
Current Liabilities	$6.17B
Long-Term Debt	$22.69B
Long-Term Liabilities	$30.45B
Total Liabilities	$36.61B
Common Equity	$18.12B
Tangible Shareholders Equity	$8.79B
Shareholders Equity	$19.31B
Common Shares Outstanding	509.10M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$803.98M
Cash Flow from Investing Activities	$-999.32M
Cash Flow from Financial Activities	$185.14M
Beginning Cash	$267.51M
End Cash	$261.68M
Increase/Decrease in Cash	$-5.83M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-169.83M
Preferred Stock Dividends Paid	$-16.04M
Fundamental Metrics & Ratios
Current Ratio	0.49
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.54
Debt to Equity Ratio	1.34
Gross Margin	43.70%
Operating Margin	28.06%
EBIT Margin	28.06%
EBITDA Margin	--
Pre-Tax Profit Margin	19.81%
Profit Margin	14.72%
Free Cash Flow	$-291.56M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.04
Inventory Turnover	2.98
Receiveable Turnover	1.86
Days Sales in Receivables	48.27
Return on Equity	2.26%
Return on Tangible Equity	4.66%
Return on Assets	0.73%
Return on Investments	0.98%
Book Value Per Share	$37.92
Free Cash Flow per Share	$-0.57
Operating Cash Flow per Share	$1.58

Data from Zacks Investment Research, Inc.