Fortis (FTS) Depreciation and Depletion (2015 - 2026)
Fortis (FTS) reported Depreciation and Depletion of $338.33 million for the quarter ended Jun 30, 2026, up 3.3% from $327.66 million a year earlier and up 0.6% from the prior quarter.
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Analysis
Fortis (FTS) Depreciation and Depletion (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Fortis' Depreciation and Depletion came in at $1.33 billion, up 3.5% year-over-year; for the year ended Dec 31, 2025, it was $1.3 billion, up 6.8% from the prior year.
- Depreciation and Depletion has increased for 11 consecutive years, with a five-year compound annual growth rate of 5.7% (years ended Dec 2020 to Dec 2025).
- By year, Depreciation and Depletion came in at $1.21 billion in the year ended Dec 31, 2024 (+6.2%), $1.14 billion in the year ended Dec 31, 2023 (+1.8%), $1.12 billion in the year ended Dec 31, 2022 (+7.8%) and $1.04 billion in the year ended Dec 31, 2021 (+5.9%).
- Five-year quarterly Depreciation and Depletion spans a low of -$332.01 million in the quarter ended Dec 31, 2025 and a high of $989.68 million in the quarter ended Sep 30, 2025.
- The high point for year-over-year Depreciation and Depletion in five years was the quarter ended Mar 31, 2022 (growth of 9.8%); the low point was the quarter ended Jun 30, 2023 (a decline of 1.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $336.16 million (quarter ended Mar 31, 2026), -$332.01 million (quarter ended Dec 31, 2025) and $989.68 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | - |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | - |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | - |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 1.00 Mn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 3.00 Mn |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | - |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | - |
| 10 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 338.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 338.33 Mn |
| Mar 31, 2026 | 336.16 Mn |
| Dec 31, 2025 | -332.01 Mn |
| Sep 30, 2025 | 989.68 Mn |
| Jun 30, 2025 | 327.66 Mn |
| Mar 31, 2025 | 318.49 Mn |
| Dec 31, 2024 | -278.47 Mn |
| Sep 30, 2024 | 919.25 Mn |
| Jun 30, 2024 | 307.81 Mn |
| Mar 31, 2024 | 303.52 Mn |
| Dec 31, 2023 | -265.90 Mn |
| Sep 30, 2023 | 854.09 Mn |
| Jun 30, 2023 | 283.64 Mn |
| Mar 31, 2023 | 279.61 Mn |
| Dec 31, 2022 | -260.06 Mn |
| Sep 30, 2022 | 836.52 Mn |
| Jun 30, 2022 | 287.07 Mn |
| Mar 31, 2022 | 281.05 Mn |
| Dec 31, 2021 | -246.73 Mn |
| Sep 30, 2021 | 776.93 Mn |
API Access
Fortis Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "FTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();