Fortis (FTS) Capital Expenditures (2015 - 2026)
Fortis (FTS) posted quarterly Capital Expenditures of $1.2 billion for Q2 2026, up 8.43% year-over-year from $1.1 billion in Q2 2025, and up 205.6% on a QoQ basis from -$1.1 billion in Q1 2026.
Fortis (FTS) Capital Expenditures (2015 - 2026) Analysis & Trends
Fortis has reported Capital Expenditures for 12 years, with the latest figure at $1.2 billion in Q2 2026.
- Capital Expenditures for Q2 2026 came in at $1.2 billion, up 8.43% year-over-year; the trailing twelve-month figure through Jun 2026 was $4.3 billion (down 15.87% YoY), and the FY2025 annual result was $4.3 billion, up 18.76% from the prior year.
- Capital Expenditures rose to $1.2 billion in Q2 2026, from -$1.1 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $7.5 billion in Q4 2024 and troughed at -$3.1 billion in Q3 2025.
- A 5-year average of $731.4 million and a median of -$691.0 million in 2022 frame the typical range for Capital Expenditures.
- The widest annual swing landed in 2022, when Capital Expenditures slumped 174.47%; it then jumped 237.21% in 2025.
- A 5-year view of Capital Expenditures shows it 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 decreased by 2.3% to $7.4 billion in 2025, then plunged by 84.28% to $1.2 billion in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $1.2 billion in Q2 2026, -$1.1 billion in Q1 2026, and $7.4 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 87.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 2.95 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 1.26 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 1.08 Bn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 1.16 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | - |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 1.35 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 Bn |
| Jun 30, 2026 | 1.16 Bn |
| 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 |