Fortis (FRTSF) Other Operating Expenses (2015 - 2026)
Fortis (FRTSF) reported Other Operating Expenses of $280.0 million for Q1 2026, up 7.72% on a YoY basis from $259.9 million in Q1 2025, and down 70.05% quarter-over-quarter from $935.1 million in Q4 2025.
Fortis (FRTSF) Other Operating Expenses (2015 - 2026) Analysis & Trends
Fortis has reported Other Operating Expenses for 12 years, with the latest figure at $280.0 million in Q1 2026.
- For the quarter ending Q1 2026, Other Operating Expenses rose 7.72% year-over-year to $280.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (down 77.7% YoY), and the FY2025 full-year result was $1.0 billion, down 77.88% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $280.0 million, down from $935.1 million in the prior quarter.
- The five-year high for Other Operating Expenses was $4.6 billion in Q4 2024, with the low at -$415.6 million in Q3 2025.
- Historically, Other Operating Expenses has averaged $463.6 million across 5 years, with a median of $247.2 million in 2023.
- Annual changes were most pronounced in 2024 — Other Operating Expenses surged 455.89% — and 2025, when it tumbled 79.46%.
- Fortis' Other Operating Expenses stood at $794.2 million in 2022, then gained by 3.13% to $819.0 million in 2023, then jumped by 455.89% to $4.6 billion in 2024, then tumbled by 79.46% to $935.1 million in 2025, then sank by 70.05% to $280.0 million in 2026.
- The last three Other Operating Expenses figures came in at $280.0 million (Q1 2026), $935.1 million (Q4 2025), and -$415.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 280.01 Mn |
| Dec 31, 2025 | 935.08 Mn |
| Sep 30, 2025 | -415.64 Mn |
| Jun 30, 2025 | 241.77 Mn |
| Mar 31, 2025 | 259.95 Mn |
| Dec 31, 2024 | 4.55 Bn |
| Sep 30, 2024 | -376.79 Mn |
| Jun 30, 2024 | 232.50 Mn |
| Mar 31, 2024 | 264.93 Mn |
| Dec 31, 2023 | 819.01 Mn |
| Sep 30, 2023 | -345.37 Mn |
| Jun 30, 2023 | 247.16 Mn |
| Mar 31, 2023 | 268.51 Mn |
| Dec 31, 2022 | 794.17 Mn |
| Sep 30, 2022 | -353.47 Mn |
| Jun 30, 2022 | 229.81 Mn |
| Mar 31, 2022 | 247.11 Mn |
| Dec 31, 2021 | 776.68 Mn |
| Sep 30, 2021 | -305.05 Mn |
| Jun 30, 2021 | 235.11 Mn |