Fortis (FTS) Beginning Cash Balance (2015 - 2026)
Fortis (FTS) posted quarterly Beginning Cash Balance of $267.6 million for Q1 2026, up 74.55% year-over-year from $153.3 million in Q1 2025, and up 66.65% on a QoQ basis from $160.6 million in Q3 2025.
Fortis (FTS) Beginning Cash Balance (2015 - 2026) Analysis & Trends
Fortis has reported Beginning Cash Balance for 12 years, with the latest figure at $267.6 million in Q1 2026.
- Beginning Cash Balance for Q1 2026 came in at $267.6 million, up 74.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $949.6 million (down 36.32% YoY), and the FY2021 annual result was $197.5 million, down 30.4% from the prior year.
- Beginning Cash Balance rose to $267.6 million in Q1 2026, from $160.6 million in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $514.7 million in Q3 2023 and troughed at $103.4 million in Q1 2022.
- A 5-year average of $310.4 million and a median of $286.3 million in 2022 frame the typical range for Beginning Cash Balance.
- The widest annual swing landed in 2024, when Beginning Cash Balance surged 200.02%; it then slumped 66.94% in 2025.
- A 5-year view of Beginning Cash Balance shows it stood at $259.2 million in 2022, then jumped by 98.6% to $514.7 million in 2023, then slipped by 10.98% to $458.2 million in 2024, then slumped by 64.95% to $160.6 million in 2025, then jumped by 66.65% to $267.6 million in 2026.
- Per Business Quant data, the three most recent Beginning Cash Balance figures were $267.6 million in Q1 2026, $160.6 million in Q3 2025, and $368.1 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 267.62 Mn |
| Mar 31, 2026 | 267.62 Mn |
| Sep 30, 2025 | 160.59 Mn |
| Sep 30, 2025 | 160.59 Mn |
| Jun 30, 2025 | 368.07 Mn |
| Jun 30, 2025 | 368.07 Mn |
| Mar 31, 2025 | 153.32 Mn |
| Mar 31, 2025 | 153.32 Mn |
| Sep 30, 2024 | 458.16 Mn |
| Sep 30, 2024 | 458.16 Mn |
| Jun 30, 2024 | 416.02 Mn |
| Jun 30, 2024 | 416.02 Mn |
| Mar 31, 2024 | 463.82 Mn |
| Mar 31, 2024 | 463.82 Mn |
| Sep 30, 2023 | 514.69 Mn |
| Sep 30, 2023 | 514.69 Mn |
| Jun 30, 2023 | 428.80 Mn |
| Jun 30, 2023 | 428.80 Mn |
| Mar 31, 2023 | 154.60 Mn |
| Mar 31, 2023 | 154.60 Mn |