Fortis Inc. (FTS) Asset Utilization Ratio (2016 - 2026)
Fortis' (FTS) Asset Utilization Ratio stood at 0.16 in the quarter ended Jun 30, 2026, down 2.5% from 0.16 a year earlier and down 1.9% from the prior quarter.
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Analysis
Fortis Inc. (FTS) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
Starting with the quarter ended Sep 30, 2016, Fortis' Asset Utilization Ratio history includes 38 quarters.
- Across earlier years, Asset Utilization Ratio came in at 0.16 in the year ended Dec 31, 2024 (-6.5%), 0.17 in the year ended Dec 31, 2023 (-2.7%), 0.18 in the year ended Dec 31, 2022 (+5.1%) and 0.17 in the year ended Dec 31, 2021 (+2.6%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Asset Utilization Ratio since the quarter ended Dec 31, 2020.
- On a year-over-year basis, Asset Utilization Ratio rose in 1 of the last eight quarters, with an average decline of 3.6%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 101.4% in the quarter ended Sep 30, 2021, against a decline of 7.8% in the quarter ended Jun 30, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.16 (quarter ended Mar 31, 2026), 0.16 (quarter ended Dec 31, 2025) and 0.16 (quarter ended Sep 30, 2025).
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Historic Data
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Historic 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 | 0.18 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 0.16 |
API Access
Fortis Inc. Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();