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
DateValue
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