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| Date | Value |
|---|---|
| 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 |