Fortis (FTS) Capital Expenditures (2017 - 2026)

Fortis (FTS) reported Capital Expenditures of -$1.1 billion for Q1 2026, down 6.04% on a YoY basis from -$1.2 billion in Q1 2025, and down 111.55% quarter-over-quarter from $9.5 billion in Q4 2025.

Fortis (FTS) Capital Expenditures (2017 - 2026) Analysis & Trends

Fortis has reported Capital Expenditures for 10 years, with the latest figure at -$1.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 6.04% year-over-year to -$1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $4.2 billion (up 28.76% YoY), and the FY2025 full-year result was $4.3 billion, up 18.76% from the prior year.
  • Capital Expenditures for Q1 2026 stood at -$1.1 billion, down from $9.5 billion in the prior quarter.
  • The five-year high for Capital Expenditures was $9.5 billion in Q4 2025, with the low at -$3.1 billion in Q3 2025.
  • Historically, Capital Expenditures has averaged $705.5 million across 5 years, with a median of -$777.9 million in 2024.
  • The largest YoY upside for Capital Expenditures was 25.84% in 2025 against a maximum downside of 37.21% in 2025.
  • Fortis' Capital Expenditures stood at $5.8 billion in 2022, then increased by 9.17% to $6.3 billion in 2023, then grew by 18.94% to $7.5 billion in 2024, then advanced by 25.84% to $9.5 billion in 2025, then sank by 111.55% to -$1.1 billion in 2026.
  • The last three Capital Expenditures figures came in at -$1.1 billion (Q1 2026), $9.5 billion (Q4 2025), and -$3.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn -1.10 Bn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 7.00 Mn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 1.32 Bn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn -
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 1.57 Bn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -10.95 Bn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 1.89 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 412.00 Mn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 1.04 Bn
10 Alliant Energy 18.75 Bn 18.19 Bn 854.00 Mn 2.12 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.10 Bn
Mar 31, 2026 -1.10 Bn
Dec 31, 2025 9.49 Bn
Dec 31, 2025 9.49 Bn
Sep 30, 2025 -3.14 Bn
Sep 30, 2025 -3.14 Bn
Jun 30, 2025 -1.07 Bn
Jun 30, 2025 -1.07 Bn
Mar 31, 2025 -1.03 Bn
Mar 31, 2025 -1.03 Bn
Dec 31, 2024 7.54 Bn
Dec 31, 2024 7.54 Bn
Sep 30, 2024 -2.48 Bn
Sep 30, 2024 -2.48 Bn
Jun 30, 2024 -777.93 Mn
Jun 30, 2024 -777.93 Mn
Mar 31, 2024 -794.80 Mn
Mar 31, 2024 -794.80 Mn
Dec 31, 2023 6.34 Bn
Dec 31, 2023 6.34 Bn