Fortis (FORFF) Depreciation Expense (2017 - 2026)
Fortis posted quarterly Depreciation Expense of $336.2 million for Q1 2026, up 5.55% year-on-year from $318.5 million in Q1 2025, and up 201.25% on a QoQ basis from -$332.0 million in Q4 2025.
Fortis (FORFF) has 10 years of Depreciation Expense data on file, last reported at $336.2 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation Expense rose 5.55% year-over-year to $336.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 4.29% YoY), and the FY2025 full-year result was $1.3 billion, up 6.97% from the prior year.
- Depreciation Expense for Q1 2026 stood at $336.2 million, up from -$332.0 million in the prior quarter.
- Across five years, Depreciation Expense topped out at $989.7 million in Q3 2025 and bottomed at -$332.0 million in Q4 2025.
- The 5-year median for Depreciation Expense is $303.5 million (2024), against an average of $305.2 million.
- The widest annual swing landed in 2022, when Depreciation Expense gained 9.79%; it then declined 19.23% in 2025.
- A 5-year view of Depreciation Expense shows it stood at -$260.1 million in 2022, then slipped by 2.25% to -$265.9 million in 2023, then slipped by 4.72% to -$278.5 million in 2024, then declined by 19.23% to -$332.0 million in 2025, then surged by 201.25% to $336.2 million in 2026.
- The last three Depreciation Expense figures came in at $336.2 million (Q1 2026), -$332.0 million (Q4 2025), and $989.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 336.16 Mn |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 4.00 Mn |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | - |
| 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 | - |
| 10 | Fortis | - | - | 1.70 Bn | 336.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 336.16 Mn |
| Dec 31, 2025 | -332.01 Mn |
| Sep 30, 2025 | 989.68 Mn |
| Jun 30, 2025 | 327.66 Mn |
| Mar 31, 2025 | 318.49 Mn |
| Dec 31, 2024 | -278.47 Mn |
| Sep 30, 2024 | 919.25 Mn |
| Jun 30, 2024 | 307.81 Mn |
| Mar 31, 2024 | 303.52 Mn |
| Dec 31, 2023 | -265.90 Mn |
| Sep 30, 2023 | 854.09 Mn |
| Jun 30, 2023 | 283.64 Mn |
| Mar 31, 2023 | 279.61 Mn |
| Dec 31, 2022 | -260.06 Mn |
| Sep 30, 2022 | 836.52 Mn |
| Jun 30, 2022 | 287.07 Mn |
| Mar 31, 2022 | 281.05 Mn |
| Dec 31, 2021 | -246.73 Mn |
| Sep 30, 2021 | 776.93 Mn |
| Jun 30, 2021 | 261.96 Mn |
| Mar 31, 2021 | 255.99 Mn |
| Dec 31, 2020 | -260.80 Mn |
| Sep 30, 2020 | 729.41 Mn |
| Jun 30, 2020 | 237.28 Mn |
| Mar 31, 2020 | 239.43 Mn |
| Jun 30, 2019 | 221.98 Mn |
| Jun 30, 2018 | 213.94 Mn |
| Jun 30, 2017 | 198.57 Mn |