Fortis (FINCF) Change in Working Capital (2015 - 2026)
Fortis (FINCF) reported Change in Working Capital of $39.4 million for Q1 2026, down 26.62% on a YoY basis from $53.7 million in Q1 2025, and up 29.03% quarter-over-quarter from $30.5 million in Q3 2025.
Fortis (FINCF) Change in Working Capital (2015 - 2026) Analysis & Trends
Fortis has reported Change in Working Capital for 12 years, with the latest figure at $39.4 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Working Capital fell 26.62% year-over-year to $39.4 million; the trailing twelve-month figure through Mar 2026 stood at $28.3 million (down 73.87% YoY), and the FY2021 full-year result was -$114.9 million, up 65.48% from the prior year.
- Change in Working Capital for Q1 2026 stood at $39.4 million, up from $30.5 million in the prior quarter.
- The five-year high for Change in Working Capital was $184.0 million in Q3 2024, with the low at -$317.4 million in Q3 2022.
- Historically, Change in Working Capital has averaged -$3.4 million across 5 years, with a median of -$18.2 million in 2022.
- Annual changes were most pronounced in 2023 — Change in Working Capital soared 614.91% — and 2024, when it slumped 228.57%.
- Fortis' Change in Working Capital stood at -$317.4 million in 2022, then soared by 133.84% to $107.4 million in 2023, then jumped by 71.3% to $184.0 million in 2024, then slumped by 83.41% to $30.5 million in 2025, then increased by 29.03% to $39.4 million in 2026.
- The last three Change in Working Capital figures came in at $39.4 million (Q1 2026), $30.5 million (Q3 2025), and -$95.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 39.38 Mn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | - |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | - |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | - |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | - |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | -292.43 Mn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | -286.00 Mn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | - |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 63.00 Mn |
| 10 | Fortis | - | - | 1.70 Bn | 39.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.38 Mn |
| Mar 31, 2026 | 39.38 Mn |
| Sep 30, 2025 | 30.52 Mn |
| Sep 30, 2025 | 30.52 Mn |
| Jun 30, 2025 | -95.27 Mn |
| Jun 30, 2025 | -95.27 Mn |
| Mar 31, 2025 | 53.66 Mn |
| Mar 31, 2025 | 53.66 Mn |
| Sep 30, 2024 | 184.00 Mn |
| Sep 30, 2024 | 184.00 Mn |
| Jun 30, 2024 | -32.17 Mn |
| Jun 30, 2024 | -32.17 Mn |
| Mar 31, 2024 | -97.22 Mn |
| Mar 31, 2024 | -97.22 Mn |
| Sep 30, 2023 | 107.41 Mn |
| Sep 30, 2023 | 107.41 Mn |
| Jun 30, 2023 | 161.55 Mn |
| Jun 30, 2023 | 161.55 Mn |
| Mar 31, 2023 | -29.59 Mn |
| Mar 31, 2023 | -29.59 Mn |