Fortis Inc (FTS.TO)
53.65
+0.28
(+0.52%)
CAD |
TSX |
Apr 24, 16:00
Fortis Gross Profit Margin (Quarterly): 68.84% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 68.84% |
| September 30, 2023 | 71.57% |
| June 30, 2023 | 69.66% |
| March 31, 2023 | 60.47% |
| December 31, 2022 | 59.97% |
| September 30, 2022 | 68.51% |
| June 30, 2022 | 67.95% |
| March 31, 2022 | 61.80% |
| December 31, 2021 | 65.74% |
| September 30, 2021 | 71.58% |
| June 30, 2021 | 72.16% |
| March 31, 2021 | 66.56% |
| December 31, 2020 | 69.05% |
| September 30, 2020 | 73.03% |
| June 30, 2020 | 75.25% |
| March 31, 2020 | 68.63% |
| December 31, 2019 | 71.24% |
| September 30, 2019 | 74.55% |
| June 30, 2019 | 74.82% |
| March 31, 2019 | 65.80% |
| December 31, 2018 | 68.95% |
| September 30, 2018 | 71.86% |
| June 30, 2018 | 73.96% |
| March 31, 2018 | 66.82% |
| December 31, 2017 | 71.34% |
| Date | Value |
|---|---|
| September 30, 2017 | 74.86% |
| June 30, 2017 | 74.00% |
| March 31, 2017 | 66.84% |
| December 31, 2016 | 68.68% |
| September 30, 2016 | 67.08% |
| June 30, 2016 | 67.14% |
| March 31, 2016 | 60.10% |
| December 31, 2015 | 60.07% |
| September 30, 2015 | 65.96% |
| June 30, 2015 | 65.47% |
| March 31, 2015 | 56.50% |
| December 31, 2014 | 58.12% |
| September 30, 2014 | 66.08% |
| June 30, 2014 | 61.84% |
| March 31, 2014 | 53.33% |
| December 31, 2013 | 57.77% |
| September 30, 2013 | 66.01% |
| June 30, 2013 | 64.30% |
| March 31, 2013 | 54.63% |
| December 31, 2012 | 56.96% |
| September 30, 2012 | 67.09% |
| June 30, 2012 | 63.26% |
| March 31, 2012 | 50.74% |
| December 31, 2011 | 52.61% |
| September 30, 2011 | 64.81% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
59.97%
Minimum
Dec 2022
75.25%
Maximum
Jun 2020
69.02%
Average
69.05%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 6.78% |
| Return on Assets | 2.42% |
| Return on Invested Capital | 2.99% |
| Profit Margin (Quarterly) | 13.80% |
| Operating Margin (Quarterly) | 27.00% |
| Return on Net Operating Assets | 2.68% |