Operating Expenses (Quarterly)

Operating Expenses: The sum of all operating expenses for the given industry.

Fortis (FTS) had Operating Expenses of $1.50B for the most recently reported fiscal quarter, ending 2025-09-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-09-30

Income Statement Financials
Revenue	$2.13B
Net Income	$296.89M
Cost of Goods Sold	$1.12B
Gross Profit	$1.01B
Operating Expenses	$1.50B
Operating Income	$632.26M
Non-Operating Income/Expense	$-211.96M
Pre-Tax Income	$420.30M
Normalized Pre-Tax Income	$420.30M
Income after Taxes	$344.08M
Income from Continuous Operations	$344.08M
Consolidated Net Income/Loss	$344.08M
Normalized Income after Taxes	$344.08M
EBIT	$632.26M
EBITDA	$1.01B
Weighted-Average Shares Outstanding (Basic)	504.50M
Weighted-Average Shares Outstanding (Diluted)	504.80M
Earnings per Share (EPS) (Basic)	$0.59
Earnings per Share (EPS) (Diluted)	$0.59
Balance Sheet Financials
Current Assets	$2.65B
Property, Plant, and Equipment	$36.70B
Long-Term Assets	$51.43B
Total Assets	$54.08B
Current Liabilities	$4.00B
Long-Term Debt	$23.55B
Long-Term Liabilities	$31.03B
Total Liabilities	$35.02B
Common Equity	$17.88B
Tangible Shareholders Equity	$8.61B
Shareholders Equity	$19.06B
Common Shares Outstanding	505.40M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$2.21B
Cash Flow from Investing Activities	$-2.92B
Cash Flow from Financial Activities	$839.14M
Beginning Cash	$159.70M
End Cash	$282.38M
Increase/Decrease in Cash	$122.68M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-457.32M
Preferred Stock Dividends Paid	$-45.73M
Fundamental Metrics & Ratios
Current Ratio	0.66
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.55
Debt to Equity Ratio	1.31
Gross Margin	47.28%
Operating Margin	29.65%
EBIT Margin	29.65%
EBITDA Margin	--
Pre-Tax Profit Margin	19.71%
Profit Margin	13.92%
Free Cash Flow	$-929.15M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.04
Inventory Turnover	2.36
Receiveable Turnover	1.81
Days Sales in Receivables	49.69
Return on Equity	1.92%
Return on Tangible Equity	4.00%
Return on Assets	0.64%
Return on Investments	0.81%
Book Value Per Share	$37.71
Free Cash Flow per Share	$-1.84
Operating Cash Flow per Share	$4.38

Data from Zacks Investment Research, Inc.