Sep 2025 (Q3 FY25) — Nov 4, 2025
Fortis Inc. Q3 FY25 — New $28.8B 5-year plan lifts rate base growth to 7%, now 100% regulated
Read the full callFortis earnings: last reported Tue, 4 Nov 2025, for the quarter ended Sep 2025.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 2,815 | +5.4% YoY | Quarterly, as filed | Quarter to Jun 2025 | Revenue from operations as filed. |
| Operating margin | 28.4 | +0.8 pts YoY | Operating profit / revenue | Quarter to Jun 2025 | For the quarter; a change is in percentage points. |
| Net profit | Quarterly, as filed | Quarter to Jun 2025 | Not in the filed figures for the quarter to jun 2025. No older figure is substituted. |
Price
1Y: $51.72 on 17 Oct 2025 → $54.9. High $58.84 (24 Jul 2026), low $49.81 (3 Nov 2025).
Overview
Call summaries
Fortis Inc. Q3 FY25 — New $28.8B 5-year plan lifts rate base growth to 7%, now 100% regulated
Read the full callEvery analysed call
Financials
| Line item | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|
| Sales | 2,130 | 2,487 | 2,594 | 2,670 | 2,815 |
| Expenses | 1,573 | 1,873 | 1,940 | 1,932 | 2,015 |
| Operating profit | 557 | 614 | 654 | 738 | 800 |
| Operating margin | 26.1% | 24.7% | 25.2% | 27.6% | 28.4% |
| Other income | 42 | 35 | 64 | 65 | 105 |
| Interest | 255 | 266 | 323 | 347 | 369 |
| Profit before tax | 344 | 383 | 395 | 456 | 536 |
| Tax rate | 13.9% | 13.8% | 12.4% | 15.1% | 17.2% |
| EPS ($ per share) | 0.54 | 0.59 | 0.61 | 0.67 | 0.76 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 8,723 | 10,501 | 10,847 | 11,203 | 10,826 | 11,402 | 10,835 | 11,768 |
| Reserves | 1,528 | 2,244 | 2,520 | 2,721 | 2,757 | 3,103 | 3,142 | 3,629 |
| Total liabilities | 25,384 | 25,619 | 27,628 | 28,913 | 30,587 | 32,140 | 33,105 | 35,759 |
| Total assets | 38,926 | 41,098 | 43,549 | 45,372 | 47,459 | 49,749 | 51,074 | 54,653 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,911 | 2,049 | 2,120 | 2,288 | 2,271 | 2,675 | 2,698 | 2,967 |
| Cash from investing | -2,386 | -2,130 | -3,243 | -2,745 | -2,998 | -2,824 | -3,750 | -3,913 |
| Cash from financing | 473 | 119 | 1,042 | 355 | 764 | 463 | 739 | 1,067 |
| Net cash flow | 15 | 18 | -95 | -93 | 58 | 314 | -281 | 107 |
| Capital expenditure | -2,225 | -2,693 | -3,028 | -2,509 | -2,650 | -3,008 | -3,483 | -4,340 |
| Free cash flow | -314 | -643 | -907 | -222 | -379 | -333 | -785 | -1,373 |
1 filing, all on Mar 2, 2026.
Purchases
$45.1K
1 purchase by 1 insider
Sales
None
No insider sold shares.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| O'Dea Regan Patrick | $45.1K | — | Mar 2, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Mar 2, 2026 | O'Dea Regan Patrick VP, General Counsel | Purchase | 578 | $45.1K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow Fortis Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading