Fortis (FTS) Change in Working Capital (2015 - 2026)
Fortis (FTS) posted Change in Working Capital of -$23.3 million for Q1 2026, up 54.12% on a QoQ basis from -$50.9 million in Q3 2025, and down 239.51% year-over-year from $16.7 million in Q1 2025.
Fortis (FTS) Change in Working Capital (2015 - 2026) Analysis & Trends
Fortis' Change in Working Capital history runs 12 years deep, the most recent figure standing at -$23.3 million for Q1 2026.
- Quarterly Change in Working Capital fell 239.51% year-over-year to -$23.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$88.5 million (down 1321.99% YoY) and the FY2021 annual result came in at -$114.2 million, up 64.74% from the prior year.
- Change in Working Capital was -$23.3 million for Q1 2026 at Fortis, up from -$50.9 million in the prior quarter.
- Across five years, Change in Working Capital topped out at $72.1 million in Q3 2022 and bottomed 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.
- Annual changes were most pronounced in 2022 — Change in Working Capital soared 504.84% — and 2023, when it slumped 507.34%.
- Fortis' Change in Working Capital stood at $72.1 million in 2022, then tumbled by 186.94% to -$62.7 million in 2023, then jumped by 202.95% to $64.5 million in 2024, then slumped by 178.85% to -$50.9 million in 2025, then jumped by 54.12% to -$23.3 million in 2026.
- Business Quant data shows FTS's Change in Working Capital at -$23.3 million in Q1 2026, -$50.9 million in Q3 2025, and -$31.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | -23.33 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | - |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | - |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | - |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | - |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | -286.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | - |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 4.38 Mn |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 63.00 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 |