Growth Metrics

Fortis (FRTSF) 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 (FRTSF) 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

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DateValue
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