Fortis (FTS) Accumulated Depreciation & Amortization (2016 - 2018)

Fortis (FTS) reported Accumulated Depreciation & Amortization of -$24.3 billion for Q4 2018, down 2715.55% on a YoY basis from $928.0 million in Q4 2017, and down 2715.55% quarter-over-quarter from $928.0 million in Q4 2017.

Fortis (FTS) Accumulated Depreciation & Amortization (2016 - 2018) Analysis & Trends

Fortis has reported Accumulated Depreciation & Amortization for 3 years, with the latest figure at -$24.3 billion in Q4 2018.

  • For the quarter ending Q4 2018, Accumulated Depreciation & Amortization fell 2715.55% year-over-year to -$24.3 billion; the trailing twelve-month figure through Dec 2018 stood at -$24.3 billion (down 2715.55% YoY), and the FY2018 full-year result was -$24.3 billion, down 2715.55% from the prior year.
  • Accumulated Depreciation & Amortization for Q4 2018 stood at -$24.3 billion, down from $928.0 million in the prior quarter.
  • The five-year high for Accumulated Depreciation & Amortization was $928.0 million in Q4 2017, with the low at -$24.3 billion in Q4 2018.
  • Historically, Accumulated Depreciation & Amortization has averaged -$7.5 billion across 3 years, with a median of $736.9 million in 2016.
  • Annual changes were most pronounced in 2017 — Accumulated Depreciation & Amortization advanced 25.93% — and 2018, when it plunged 2715.55%.
  • Fortis' Accumulated Depreciation & Amortization stood at $736.9 million in 2016, then increased by 25.93% to $928.0 million in 2017, then sank by 2715.55% to -$24.3 billion in 2018.
  • The last three Accumulated Depreciation & Amortization figures came in at -$24.3 billion (Q4 2018), $928.0 million (Q4 2017), and $736.9 million (Q4 2016), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fortis 673.29 Bn 673.03 Bn 1.70 Bn
2 Dominion Energy 59.55 Bn 63.75 Bn 4.03 Bn
3 Xcel Energy 49.45 Bn 47.55 Bn 3.35 Bn
4 Wec Energy 36.90 Bn 37.26 Bn 2.83 Bn
5 Ameren 30.13 Bn 30.24 Bn 1.69 Bn
6 Korea Electric Power 28.22 Bn 13.45 Bn 11.57 Bn
7 Edison International 28.04 Bn 27.88 Bn 3.85 Bn
8 Firstenergy 27.16 Bn 28.53 Bn 2.74 Bn
9 Cms Energy 22.52 Bn 22.93 Bn 2.28 Bn
10 Alliant Energy 18.79 Bn 18.23 Bn 854.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2018 -24.27 Bn
Dec 31, 2018 -24.27 Bn
Dec 31, 2017 928.04 Mn
Dec 31, 2017 928.04 Mn
Dec 31, 2016 736.95 Mn
Dec 31, 2016 736.95 Mn