Fortis (FTS) Depreciation and Depletion (2015 - 2026)
Fortis (FTS) posted Depreciation and Depletion of $336.2 million for Q1 2026, up 201.25% on a QoQ basis from -$332.0 million in Q4 2025, and up 5.55% year-over-year from $318.5 million in Q1 2025.
Fortis (FTS) Depreciation and Depletion (2015 - 2026) Analysis & Trends
Fortis' Depreciation and Depletion history runs 12 years deep, the most recent figure standing at $336.2 million for Q1 2026.
- Quarterly Depreciation and Depletion rose 5.55% year-over-year to $336.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 4.29% YoY) and the FY2025 annual result came in at $1.3 billion, up 6.97% from the prior year.
- Depreciation and Depletion was $336.2 million for Q1 2026 at Fortis, up from -$332.0 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $989.7 million in Q3 2025 and bottomed at -$332.0 million in Q4 2025.
- A 5-year average of $305.2 million and a median of $303.5 million in 2024 frame the typical range for Depreciation and Depletion.
- Annual changes were most pronounced in 2022 — Depreciation and Depletion grew 9.79% — and 2025, when it decreased 19.23%.
- Fortis' Depreciation and Depletion stood at -$260.1 million in 2022, then dropped by 2.25% to -$265.9 million in 2023, then dropped by 4.72% to -$278.5 million in 2024, then fell by 19.23% to -$332.0 million in 2025, then soared by 201.25% to $336.2 million in 2026.
- Business Quant data shows FTS's Depreciation and Depletion at $336.2 million in Q1 2026, -$332.0 million in Q4 2025, and $989.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 336.16 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 4.00 Mn |
| 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 | - | - |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 421.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 336.16 Mn |
| Mar 31, 2026 | 336.16 Mn |
| Dec 31, 2025 | -332.01 Mn |
| Dec 31, 2025 | -332.01 Mn |
| Sep 30, 2025 | 989.68 Mn |
| Sep 30, 2025 | 989.68 Mn |
| Jun 30, 2025 | 327.66 Mn |
| Jun 30, 2025 | 327.66 Mn |
| Mar 31, 2025 | 318.49 Mn |
| Mar 31, 2025 | 318.49 Mn |
| Dec 31, 2024 | -278.47 Mn |
| Dec 31, 2024 | -278.47 Mn |
| Sep 30, 2024 | 919.25 Mn |
| Sep 30, 2024 | 919.25 Mn |
| Jun 30, 2024 | 307.81 Mn |
| Jun 30, 2024 | 307.81 Mn |
| Mar 31, 2024 | 303.52 Mn |
| Mar 31, 2024 | 303.52 Mn |
| Dec 31, 2023 | -265.90 Mn |
| Dec 31, 2023 | -265.90 Mn |