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
DateValue
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