Fortis (FTS) Change in Working Capital (2015 - 2026)
Fortis (FTS) posted quarterly Change in Working Capital of -$23.3 million for Q1 2026, down 239.51% year-over-year from $16.7 million in Q1 2025, and up 54.12% on a QoQ basis from -$50.9 million in Q3 2025.
Fortis (FTS) Change in Working Capital (2015 - 2026) Analysis & Trends
Fortis has reported Change in Working Capital for 12 years, with the latest figure at -$23.3 million in Q1 2026.
- Change in Working Capital for Q1 2026 came in at -$23.3 million, down 239.51% year-over-year; the trailing twelve-month figure through Mar 2026 was -$88.5 million (down 1321.99% YoY), and the FY2021 annual result was -$114.2 million, up 65.68% from the prior year.
- Change in Working Capital rose to -$23.3 million in Q1 2026, from -$50.9 million in the prior quarter.
- Over five years, Change in Working Capital peaked at $72.1 million in Q3 2022 and troughed at -$76.7 million in Q2 2023.
- A 5-year average of -$10.7 million and a median of -$14.6 million in 2024 frame the typical range for Change in Working Capital.
- The widest annual swing landed in 2022, when Change in Working Capital soared 504.84%; it then slumped 507.34% in 2023.
- A 5-year view of Change in Working Capital shows it stood at $72.1 million in 2022, then tumbled by 186.94% to -$62.7 million in 2023, then surged by 202.95% to $64.5 million in 2024, then slumped by 178.85% to -$50.9 million in 2025, then surged by 54.12% to -$23.3 million in 2026.
- Per Business Quant data, the three most recent Change in Working Capital figures were -$23.3 million in Q1 2026, -$50.9 million in Q3 2025, and -$31.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (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 | 7.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.33 Mn |
| Mar 31, 2026 | -23.33 Mn |
| Sep 30, 2025 | -50.86 Mn |
| Sep 30, 2025 | -50.86 Mn |
| Jun 30, 2025 | -31.03 Mn |
| Jun 30, 2025 | -31.03 Mn |
| Mar 31, 2025 | 16.73 Mn |
| Mar 31, 2025 | 16.73 Mn |
| Sep 30, 2024 | 64.51 Mn |
| Sep 30, 2024 | 64.51 Mn |
| Jun 30, 2024 | -14.62 Mn |
| Jun 30, 2024 | -14.62 Mn |
| Mar 31, 2024 | -59.37 Mn |
| Mar 31, 2024 | -59.37 Mn |
| Sep 30, 2023 | -62.66 Mn |
| Sep 30, 2023 | -62.66 Mn |
| Jun 30, 2023 | -76.68 Mn |
| Jun 30, 2023 | -76.68 Mn |
| Mar 31, 2023 | 15.53 Mn |
| Mar 31, 2023 | 15.53 Mn |