Fortis (FRTSF) Amortization (2015 - 2026)

Fortis (FRTSF) reported Amortization of $409.8 million for Q1 2026, up 5.38% on a YoY basis from $388.9 million in Q1 2025, and up 18.98% quarter-over-quarter from $344.4 million in Q3 2025.

Fortis (FRTSF) Amortization (2015 - 2026) Analysis & Trends

Fortis has reported Amortization for 12 years, with the latest figure at $409.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Amortization rose 5.38% year-over-year to $409.8 million; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (up 4.38% YoY), and the FY2021 full-year result was $1.1 billion, up 5.23% from the prior year.
  • Amortization for Q1 2026 stood at $409.8 million, up from $344.4 million in the prior quarter.
  • The five-year high for Amortization was $409.8 million in Q1 2026, with the low at $257.6 million in Q2 2023.
  • Historically, Amortization has averaged $329.1 million across 5 years, with a median of $331.9 million in 2023.
  • Annual changes were most pronounced in 2023 — Amortization increased 16.69% — and 2025, when it declined 1.71%.
  • Fortis' Amortization stood at $284.5 million in 2022, then climbed by 16.69% to $331.9 million in 2023, then advanced by 5.56% to $350.4 million in 2024, then retreated by 1.71% to $344.4 million in 2025, then gained by 18.98% to $409.8 million in 2026.
  • The last three Amortization figures came in at $409.8 million (Q1 2026), $344.4 million (Q3 2025), and $320.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amortization (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 409.81 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 -
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn -
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn -
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn -
10 Fortis - - 1.70 Bn 409.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 409.81 Mn
Mar 31, 2026 409.81 Mn
Sep 30, 2025 344.42 Mn
Sep 30, 2025 344.42 Mn
Jun 30, 2025 320.44 Mn
Jun 30, 2025 320.44 Mn
Mar 31, 2025 388.88 Mn
Mar 31, 2025 388.88 Mn
Sep 30, 2024 350.40 Mn
Sep 30, 2024 350.40 Mn
Jun 30, 2024 282.95 Mn
Jun 30, 2024 282.95 Mn
Mar 31, 2024 379.96 Mn
Mar 31, 2024 379.96 Mn
Sep 30, 2023 331.94 Mn
Sep 30, 2023 331.94 Mn
Jun 30, 2023 257.58 Mn
Jun 30, 2023 257.58 Mn
Mar 31, 2023 358.01 Mn
Mar 31, 2023 358.01 Mn