Fortis (FTS) Operating Leases (2015 - 2026)
Fortis (FTS) posted quarterly Operating Leases of $2.8 billion for Q1 2026, up 7.32% year-over-year from $2.6 billion in Q1 2025, and up 3.34% on a QoQ basis from $2.7 billion in Q4 2025.
Fortis (FTS) Operating Leases (2015 - 2026) Analysis & Trends
Fortis has reported Operating Leases for 12 years, with the latest figure at $2.8 billion in Q1 2026.
- Operating Leases for Q1 2026 came in at $2.8 billion, up 7.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.8 billion (up 7.32% YoY), and the FY2025 annual result was $2.7 billion, up 3.26% from the prior year.
- Operating Leases advanced to $2.8 billion in Q1 2026, from $2.7 billion in the prior quarter.
- Over five years, Operating Leases peaked at $2.8 billion in Q1 2026 and troughed at $2.3 billion in Q1 2022.
- A 5-year average of $2.6 billion and a median of $2.5 billion in 2024 frame the typical range for Operating Leases.
- The widest annual swing landed in 2022, when Operating Leases gained 15.07%; it then fell 3.19% in 2024.
- A 5-year view of Operating Leases shows it stood at $2.4 billion in 2022, then advanced by 1.54% to $2.5 billion in 2023, then increased by 6.54% to $2.6 billion in 2024, then gained by 3.26% to $2.7 billion in 2025, then increased by 3.34% to $2.8 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $2.8 billion in Q1 2026, $2.7 billion in Q4 2025, and $2.8 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.82 Bn |
| Dec 31, 2025 | 2.73 Bn |
| Sep 30, 2025 | 2.80 Bn |
| Jun 30, 2025 | 2.69 Bn |
| Mar 31, 2025 | 2.63 Bn |
| Dec 31, 2024 | 2.65 Bn |
| Sep 30, 2024 | 2.52 Bn |
| Jun 30, 2024 | 2.53 Bn |
| Mar 31, 2024 | 2.55 Bn |
| Dec 31, 2023 | 2.48 Bn |
| Sep 30, 2023 | 2.61 Bn |
| Jun 30, 2023 | 2.40 Bn |
| Mar 31, 2023 | 2.49 Bn |
| Dec 31, 2022 | 2.45 Bn |
| Sep 30, 2022 | 2.52 Bn |
| Jun 30, 2022 | 2.39 Bn |
| Mar 31, 2022 | 2.33 Bn |
| Dec 31, 2021 | 2.27 Bn |
| Sep 30, 2021 | 2.19 Bn |
| Jun 30, 2021 | 2.15 Bn |