Fortis (FORFF) Non Operating Income (2015 - 2017)

Fortis (FORFF) reported Non Operating Income of $31.0 million for Q1 2017, up 93.75% on a YoY basis from $16.0 million in Q1 2016, and up 129.72% quarter-over-quarter from $13.5 million in Q4 2016.

Fortis (FORFF) Non Operating Income (2015 - 2017) Analysis & Trends

Fortis has reported Non Operating Income for 3 years, with the latest figure at $31.0 million in Q1 2017.

  • For the quarter ending Q1 2017, Non Operating Income rose 93.75% year-over-year to $31.0 million; the trailing twelve-month figure through Mar 2017 stood at $59.1 million (down 71.78% YoY), and the FY2025 full-year result was $243.8 million, up 18.26% from the prior year.
  • Non Operating Income for Q1 2017 stood at $31.0 million, up from $13.5 million in the prior quarter.
  • The five-year high for Non Operating Income was $183.0 million in Q2 2015, with the low at $3.8 million in Q3 2015.
  • Historically, Non Operating Income has averaged $33.6 million across 3 years, with a median of $10.6 million in 2016.
  • The largest YoY upside for Non Operating Income was 100.38% in 2016 against a maximum downside of 96.18% in 2016.
  • Fortis' Non Operating Income stood at $6.7 million in 2015, then jumped by 100.1% to $13.5 million in 2016, then surged by 129.72% to $31.0 million in 2017.
  • The last three Non Operating Income figures came in at $31.0 million (Q1 2017), $13.5 million (Q4 2016), and $7.7 million (Q3 2016), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn -
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 3.00 Mn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 22.00 Mn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 48.20 Mn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 90.00 Mn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 99.00 Mn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn -224.00 Mn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 75.00 Mn
10 Fortis - - 1.70 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2017 31.00 Mn
Dec 31, 2016 13.49 Mn
Sep 30, 2016 7.67 Mn
Jun 30, 2016 6.98 Mn
Mar 31, 2016 16.00 Mn
Dec 31, 2015 6.74 Mn
Sep 30, 2015 3.83 Mn
Jun 30, 2015 183.00 Mn