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Pretax income is the income that a company earns before paying income taxes. Fortis's pretax income for the
three
months ended in Jun. 2026 was $382 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $1,701 Mil.
Fortis's pretax margin was 18.29%.
During the past 13 years, Fortis's highest Pretax Margin was 24.38%. The lowest was 12.55%. And the median was 18.05%.
During the past 13 years, Fortis's highest Pretax Margin was 24.38%. The lowest was 12.55%. And the median was 18.05%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortis Pre-Tax Income Related Terms
Fortis Pre-Tax Income Historical Data
* Premium members only.
The historical data trend for Fortis's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Electric subindustry, Fortis's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fortis Pre-Tax Income vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Fortis's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Fortis's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,701 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortis (FTS) has a Pre-Tax Income of $1,701 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Fortis and its competitors.
Is Fortis' Pre-Tax Income too high?
Fortis' current Pre-Tax Income is $1,701 Mil. Overall, Fortis has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortis' Pre-Tax Income compare to NEE and SO?
Fortis' Pre-Tax Income of $1,701 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Utilities - Regulated company?
A good Pre-Tax Income depends on the Utilities - Regulated industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Fortis and its competitors. Fortis's current Pre-Tax Income is $1,701 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis stock overvalued right now?
Based on GuruFocus' analysis, Fortis (FTS) is currently considered Modestly Overvalued. The stock's GF Value™ is $48.63, compared to a current price of $54.40 — trading 11.9% above its estimated fair value. The current Pre-Tax Income is $1,701 Mil. Fortis' overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Fortis (FTS), the current Pre-Tax Income is $1,701 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fortis (FTS) Overvalued in 2026?
Based on GuruFocus' analysis, Fortis stock appears to be overvalued.
The current stock price of $54.40 is trading 11.9% above its estimated GF Value™ of $48.63.
GuruFocus considers Fortis to be Modestly Overvalued.
Key valuation signals for FTS:
Pre-Tax Income: $1,701 Mil
GF Value™: $48.63 vs. price of $54.40 (11.9% above fair value)
No single metric tells the full story. See the FTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
76GF Score
Get the complete analysis for FTS
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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