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

Fortis (FTS) posted Asset Utilization Ratio of 0.16 for Q1 2026, little changed on a QoQ basis from 0.16 in Q4 2025, and little changed year-over-year from 0.16 in Q1 2025.

Fortis (FTS) Asset Utilization Ratio (2016 - 2026) Analysis & Trends

Fortis' Asset Utilization Ratio history runs 11 years deep, the most recent figure standing at 0.16 for Q1 2026.

  • Quarterly Asset Utilization Ratio changed 0.44% year-over-year to 0.16 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.16 (changed 0.44% YoY) and the FY2025 annual result came in at 0.16, up 0.71% from the prior year.
  • Asset Utilization Ratio was 0.16 for Q1 2026 at Fortis, roughly flat from 0.16 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.18 in Q1 2023 and bottomed at 0.16 in Q1 2025.
  • A 5-year average of 0.17 and a median of 0.17 in 2022 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio grew 7.95% — and 2024, when it dropped 7.8%.
  • Fortis' Asset Utilization Ratio stood at 0.18 in 2022, then dropped by 0.8% to 0.17 in 2023, then slipped by 6.97% to 0.16 in 2024, then slipped by 0.5% to 0.16 in 2025, then gained by 0.11% to 0.16 in 2026.
  • Business Quant data shows FTS's Asset Utilization Ratio at 0.16 in Q1 2026, 0.16 in Q4 2025, and 0.16 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 0.16
2 Dominion Energy 62.80 Bn 67.01 Bn - 0.15
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 0.18
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 0.15
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 0.18
7 Edison International 30.65 Bn 30.49 Bn - 0.21
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 0.28
9 Hydro One 25.14 Bn 25.13 Bn - -
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 0.17

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.16