Fortis (FTS) Asset Utilization Ratio (2016 - 2026)
Fortis (FTS) posted quarterly Asset Utilization Ratio of 0.16 for Q2 2026, down 2.5% year-over-year from 0.16 in Q2 2025, and down 1.95% on a QoQ basis from 0.16 in Q1 2026.
Fortis (FTS) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
Fortis has reported Asset Utilization Ratio for 11 years, with the latest figure at 0.16 in Q2 2026.
- Asset Utilization Ratio for Q2 2026 came in at 0.16, down 2.5% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.16 (down 2.5% YoY), and the FY2025 annual result was 0.16, up 0.71% from the prior year.
- Asset Utilization Ratio eased to 0.16 in Q2 2026, from 0.16 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.18 in Q1 2023 and troughed at 0.16 in Q2 2026.
- A 5-year average of 0.17 and a median of 0.17 in 2022 frame the typical range for Asset Utilization Ratio.
- The widest annual swing landed in 2023, when Asset Utilization Ratio grew 7.95%; it then dropped 7.8% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.18 in 2022, then decreased by 0.8% to 0.17 in 2023, then retreated by 6.97% to 0.16 in 2024, then retreated by 0.5% to 0.16 in 2025, then decreased by 1.84% to 0.16 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.16 in Q2 2026, 0.16 in Q1 2026, and 0.16 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 0.15 |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 0.17 |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 0.15 |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 0.17 |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 0.16 |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 0.21 |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 0.27 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16 |
| Mar 31, 2026 | 0.16 |
| Dec 31, 2025 | 0.16 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.17 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | 0.18 |
| Dec 31, 2022 | 0.18 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 0.16 |