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Ratios

Fortis (FTS) Depreciation Expense (2017 - 2026)

Fortis filings provide 10 years of Depreciation Expense readings, the most recent being $336.2 million for Q1 2026.

  • On a quarterly basis, Depreciation Expense rose 5.55% to $336.2 million in Q1 2026 year-over-year; TTM through Mar 2026 was $1.3 billion, a 4.29% increase, with the full-year FY2025 number at $1.3 billion, up 6.97% from a year prior.
  • Depreciation Expense hit $336.2 million in Q1 2026 for Fortis, up from -$332.0 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $989.7 million in Q3 2025 to a low of -$332.0 million in Q4 2025.
  • Median Depreciation Expense over the past 5 years was $303.5 million (2024), compared with a mean of $305.2 million.
  • Biggest five-year swings in Depreciation Expense: rose 9.79% in 2022 and later dropped 19.23% in 2025.
  • Fortis' Depreciation Expense 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.
  • The last three reported values for Depreciation Expense were $336.2 million (Q1 2026), -$332.0 million (Q4 2025), and $989.7 million (Q3 2025) per Business Quant data.