Fortis (FTS) Asset Utilization Ratio (2016 - 2026)

Fortis has reported Asset Utilization Ratio for 11 years, with the latest figure at 0.16 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio changed 0.44% year-over-year to 0.16; the trailing twelve-month figure through Mar 2026 stood at 0.16 (changed 0.44% YoY), and the FY2025 full-year result was 0.16, up 0.71% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.16, roughly flat from 0.16 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.18 in Q1 2023, with the low at 0.16 in Q1 2025.
• Historically, Asset Utilization Ratio has averaged 0.17 across 5 years, with a median of 0.17 in 2022.
• Annual changes were most pronounced in 2023 — Asset Utilization Ratio gained 7.95% — and 2024, when it retreated 7.8%.
• Fortis' Asset Utilization Ratio 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 increased by 0.11% to 0.16 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.16 (Q1 2026), 0.16 (Q4 2025), and 0.16 (Q3 2025), per Business Quant data.