Fortis (FTRSF) Other Operating Expenses (2015 - 2026)

Fortis (FTRSF) 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 (FTRSF) 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
DateValue
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