Fortis FORFF
NYSE FORFF
$15.73 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Fortis (FORFF) Asset Utilization Ratio (2016 - 2026)

Fortis' (FORFF) quarterly Asset Utilization Ratio came in at 0.16 in Q2 2026, down 2.5% on a YoY basis from 0.16 in Q2 2025, and down 1.95% quarter-over-quarter from 0.16 in Q1 2026.

Analysis

Fortis (FORFF) Asset Utilization Ratio (2016 - 2026) Analysis & Trends

Fortis (FORFF) has reported Asset Utilization Ratio for 11 consecutive years, with 0.16 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio fell 2.5% year-over-year to 0.16; the trailing twelve-month figure through Jun 2026 stood at 0.16 (down 2.5% YoY), and the FY2025 full-year result was 0.16, up 0.71% from the prior year.
  • Asset Utilization Ratio eased to 0.16 in Q2 2026 per FORFF's latest filing, from 0.16 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.18 in Q1 2023 and bottomed at 0.16 in Q2 2026.
  • Historically, Asset Utilization Ratio has averaged 0.17 across 5 years, with a median of 0.17 in 2022.
  • The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio advanced 7.95% in 2023, then decreased 7.8% in 2024.
  • Over 5 years, Asset Utilization Ratio stood at 0.18 in 2022, then dropped by 0.8% to 0.17 in 2023, then slipped by 6.97% to 0.16 in 2024, then slipped by 0.5% to 0.16 in 2025, then dropped by 1.84% to 0.16 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.16, 0.16, and 0.16 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enel Chile 310.56 Bn 310.56 Bn 890.00 Mn 0.73
2 Dominion Energy 57.37 Bn 56.59 Bn 3.50 Bn 0.15
3 Xcel Energy 47.65 Bn 45.64 Bn 3.12 Bn 0.17
4 Wec Energy 34.59 Bn 34.54 Bn 1.45 Bn 0.15
5 Ameren 29.37 Bn 29.36 Bn - 0.17
6 Firstenergy 26.72 Bn 26.53 Bn 2.51 Bn 0.27
7 Hydro One 22.94 Bn 22.55 Bn - 0.32
8 Edison International 22.20 Bn 21.96 Bn 3.29 Bn 0.21
9 Cms Energy 21.18 Bn 20.93 Bn 3.65 Bn 0.23
10 Fortis 7.98 Bn 9.27 Bn 1.60 Bn 0.16
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.16
Mar 31, 2026 0.16
Dec 31, 2025 0.16
Sep 30, 2025 0.16
Jun 30, 2025 0.16
Mar 31, 2025 0.16
Dec 31, 2024 0.16
Sep 30, 2024 0.17
Jun 30, 2024 0.17
Mar 31, 2024 0.17
Dec 31, 2023 0.17
Sep 30, 2023 0.18
Jun 30, 2023 0.18
Mar 31, 2023 0.18
Dec 31, 2022 0.18
Sep 30, 2022 0.17
Jun 30, 2022 0.17
Mar 31, 2022 0.17
Dec 31, 2021 0.17
Sep 30, 2021 0.16