According to Fortis's latest financial reports and stock price the company's current Operating Margin is 18.90%. At the end of 2024 the company had an Operating Margin of 18.89%.
Year | Operating Margin | Change |
---|---|---|
2024 | 18.89% | 5.11% |
2023 | 17.97% | 10.08% |
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% | -20.24% |
2015 | 15.73% | 88.4% |
2014 | 8.35% | -21.77% |
2013 | 10.67% | -9.71% |
2012 | 11.82% | -1.79% |
2011 | 12.04% | 12.88% |
2010 | 10.66% | 13.93% |
2009 | 9.36% | 8.41% |
2008 | 8.63% | -0.14% |
2007 | 8.65% | -29.69% |
2006 | 12.30% | -14.59% |
2005 | 14.40% | 19.75% |
2004 | 12.02% | -9.4% |
2003 | 13.27% | -0.84% |
2002 | 13.38% | 2.11% |
2001 | 13.10% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 7.36% | -61.06% | ๐จ๐ณ China |
![]() | 18.90% | 0.00% | ๐จ๐ฆ Canada |
![]() | -55.64% | -394.39% | ๐บ๐ธ USA |
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.