Growth Metrics

Fortis (FORFF) Current Leases (2015 - 2020)

Fortis posted quarterly Current Leases of $68.3 million for Q3 2020, down 62.75% year-on-year from $183.3 million in Q4 2019, and down 5.31% on a QoQ basis from $72.1 million in Q2 2020.

Fortis (FORFF) has 6 years of Current Leases data on file, last reported at $68.3 million in Q3 2020.

  • For the quarter ending Q3 2020, Current Leases fell 62.75% year-over-year to $68.3 million; the trailing twelve-month figure through Sep 2020 stood at $68.3 million (down 62.75% YoY), and the FY2019 full-year result was $18.2 million, down 90.48% from the prior year.
  • Current Leases for Q3 2020 stood at $68.3 million, down from $72.1 million in the prior quarter.
  • Across five years, Current Leases topped out at $190.9 million in Q4 2018 and bottomed at $18.2 million in Q4 2019.
  • The 5-year median for Current Leases is $54.4 million (2016), against an average of $75.7 million.
  • Peak annual rise in Current Leases reached 421.04% in 2019, while the deepest fall reached 90.48% in 2019.
  • A 5-year view of Current Leases shows it stood at $57.0 million in 2016, then slumped by 35.07% to $37.0 million in 2017, then surged by 416.06% to $190.9 million in 2018, then tumbled by 90.48% to $18.2 million in 2019, then soared by 275.63% to $68.3 million in 2020.
  • The last three Current Leases figures came in at $68.3 million (Q3 2020), $72.1 million (Q2 2020), and $77.6 million (Q1 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Fortis 655.52 Bn 655.26 Bn 1.70 Bn -
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn -
3 Dominion Energy 58.83 Bn 63.03 Bn 4.03 Bn -
4 Xcel Energy 49.61 Bn 47.71 Bn 3.35 Bn 111.00 Mn
5 Wec Energy 36.16 Bn 36.52 Bn 2.83 Bn -
6 Ameren 29.85 Bn 29.97 Bn 1.69 Bn -
7 Korea Electric Power 29.21 Bn 14.45 Bn - -
8 Energy Co Of Parana 27.11 Bn 26.46 Bn - -
9 Edison International 26.93 Bn 26.77 Bn 3.85 Bn 120.00 Mn
10 Fortis - - 1.70 Bn -

Historic Data

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DateValue
Sep 30, 2020 68.29 Mn
Jun 30, 2020 72.12 Mn
Mar 31, 2020 77.57 Mn
Dec 31, 2019 18.18 Mn
Sep 30, 2019 183.35 Mn
Jun 30, 2019 172.65 Mn
Mar 31, 2019 177.46 Mn
Dec 31, 2018 190.92 Mn
Sep 30, 2018 35.19 Mn
Jun 30, 2018 35.66 Mn
Mar 31, 2018 36.40 Mn
Dec 31, 2017 37.00 Mn
Sep 30, 2017 51.83 Mn
Jun 30, 2017 50.57 Mn
Mar 31, 2017 57.41 Mn
Dec 31, 2016 56.98 Mn
Sep 30, 2016 20.71 Mn
Jun 30, 2016 20.95 Mn
Dec 31, 2015 19.48 Mn