Fortis (FTS) Other Operating Expenses (2015 - 2026)

Fortis (FTS) reported Other Operating Expenses of $280.0 million for Q1 2026, up 7.72% on a YoY basis from $259.9 million in Q1 2025, and down 70.05% quarter-over-quarter from $935.1 million in Q4 2025.

Fortis (FTS) Other Operating Expenses (2015 - 2026) Analysis & Trends

Fortis has reported Other Operating Expenses for 12 years, with the latest figure at $280.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Operating Expenses rose 7.72% year-over-year to $280.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (down 77.7% YoY), and the FY2025 full-year result was $1.0 billion, down 77.88% from the prior year.
  • Other Operating Expenses for Q1 2026 stood at $280.0 million, down from $935.1 million in the prior quarter.
  • The five-year high for Other Operating Expenses was $4.6 billion in Q4 2024, with the low at -$415.6 million in Q3 2025.
  • Historically, Other Operating Expenses has averaged $463.6 million across 5 years, with a median of $247.2 million in 2023.
  • Annual changes were most pronounced in 2024 — Other Operating Expenses surged 455.89% — and 2025, when it tumbled 79.46%.
  • Fortis' Other Operating Expenses stood at $794.2 million in 2022, then gained by 3.13% to $819.0 million in 2023, then jumped by 455.89% to $4.6 billion in 2024, then tumbled by 79.46% to $935.1 million in 2025, then sank by 70.05% to $280.0 million in 2026.
  • The last three Other Operating Expenses figures came in at $280.0 million (Q1 2026), $935.1 million (Q4 2025), and -$415.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn
10 Alliant Energy 18.75 Bn 18.19 Bn 854.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 280.01 Mn
Dec 31, 2025 935.08 Mn
Sep 30, 2025 -415.64 Mn
Jun 30, 2025 241.77 Mn
Mar 31, 2025 259.95 Mn
Dec 31, 2024 4.55 Bn
Sep 30, 2024 -376.79 Mn
Jun 30, 2024 232.50 Mn
Mar 31, 2024 264.93 Mn
Dec 31, 2023 819.01 Mn
Sep 30, 2023 -345.37 Mn
Jun 30, 2023 247.16 Mn
Mar 31, 2023 268.51 Mn
Dec 31, 2022 794.17 Mn
Sep 30, 2022 -353.47 Mn
Jun 30, 2022 229.81 Mn
Mar 31, 2022 247.11 Mn
Dec 31, 2021 776.68 Mn
Sep 30, 2021 -305.05 Mn
Jun 30, 2021 235.11 Mn