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FTS| Name | Value |
|---|---|
| Revenues | 2,670.0M |
| Cost of Revenue | 1,932.0M |
| Gross Profit | 738.0M |
| Operating Expense | 1,219.0M |
| Operating I/L | 738.0M |
| Other Income/Expense | -282.0M |
| Interest Income | 16.0M |
| Pretax | 456.0M |
| Income Tax Expense | 69.0M |
| Net Income/Loss | 349.0M |
Fortis Inc. is an electric and gas utility company operating in Canada, the United States, and the Caribbean. It generates, transmits, and distributes electricity to retail and wholesale customers, with a total capacity of 3,485 MW, including solar and wind capacity. The company also distributes natural gas to residential, commercial, and industrial customers, and operates electricity distribution systems in various regions. Additionally, it provides integrated electric utility service to customers in Ontario, Newfoundland and Labrador, Grand Cayman, and Turks and Caicos. Fortis Inc. also holds long-term contracted generation assets in Belize and operates natural gas storage facilities, along with extensive distribution and natural gas pipelines.
