According to Fortis's latest financial reports and stock price the company's current Operating Margin is 16.65%. At the end of 2022 the company had an Operating Margin of 16.33%.
Year | Operating Margin | Change |
---|---|---|
2022 | 16.33% | -5.88% |
2021 | 17.35% | -4.32% |
2020 | 18.13% | -25.62% |
2019 | 24.38% | 40.95% |
2018 | 17.29% | -16.19% |
2017 | 20.64% | 64.46% |
2016 | 12.55% | -20.6% |
2015 | 15.80% | 89.24% |
2014 | 8.35% | -21.77% |
2013 | 10.67% | -9.71% |
2012 | 11.82% | 1.6% |
2011 | 11.64% | 9.32% |
2010 | 10.64% | 13.53% |
2009 | 9.38% | 12.94% |
2008 | 8.30% | -3.99% |
2007 | 8.65% | -29.82% |
2006 | 12.32% | -14.42% |
2005 | 14.40% | 19.75% |
2004 | 12.02% | -9.4% |
2003 | 13.27% | -0.84% |
2002 | 13.38% | 4.04% |
2001 | 12.86% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Fortis FTS | 16.65% | 0.00% | ๐จ๐ฆ Canada |
Hawaiian Electric Industries HE | 8.12% | -51.23% | ๐บ๐ธ USA |
Huaneng Power 600011.SS | 1.10% | -93.39% | ๐จ๐ณ China |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.