Fortis (FTS) Property, Plant & Equipment (Net) (2015 - 2026)
Fortis (FTS) posted Property, Plant & Equipment (Net) of $38.94 billion for the quarter ended Jun 30, 2026, up 9.0% from $35.73 billion a year earlier and up 2.3% from the prior quarter.
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Analysis
Fortis (FTS) Property, Plant & Equipment (Net) (2015 - 2026) Analysis & Trends
As of Dec 31, 2025, Fortis' Property, Plant & Equipment (Net) came in at $36.42 billion, up 2.9% from the prior year.
- Annual Property, Plant & Equipment (Net) has increased for seven consecutive years, with a five-year compound annual growth rate of 5.7% (years ended Dec 2020 to Dec 2025).
- In prior years, Fortis' Property, Plant & Equipment (Net) was $35.4 billion in the year ended Dec 31, 2024 (+10.1%), $32.16 billion in the year ended Dec 31, 2023 (+0.3%), $32.05 billion in the year ended Dec 31, 2022 (+6.8%) and $30 billion in the year ended Dec 31, 2021 (+8.6%).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Property, Plant & Equipment (Net) in data going back to the quarter ended Dec 31, 2015.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased in each of the last three quarters, with growth averaging 59.7% over the last eight quarters.
- The strongest year-over-year quarter for Property, Plant & Equipment (Net) in the past five years was the quarter ended Sep 30, 2024, with growth of 440.6%; the weakest was the quarter ended Mar 31, 2022, with a decline of 98.5%.
- According to Business Quant data, Property, Plant & Equipment (Net) for the three prior quarters was $38.07 billion (quarter ended Mar 31, 2026), $36.49 billion (quarter ended Dec 31, 2025) and $2.17 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 177.08 Bn |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 118.35 Bn |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 132.27 Bn |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | 107.38 Bn |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | - |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 81.74 Bn |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 49.74 Bn |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 57.12 Bn |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 69.50 Bn |
| 10 | Fortis | 29.40 Bn | 29.85 Bn | 1.60 Bn | 37.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.91 Bn |
| Mar 31, 2026 | 37.48 Bn |
| Dec 31, 2025 | 37.16 Bn |
| Sep 30, 2025 | 36.33 Bn |
| Jun 30, 2025 | 36.18 Bn |
| Mar 31, 2025 | 35.11 Bn |
| Dec 31, 2024 | 34.46 Bn |
| Sep 30, 2024 | 34.30 Bn |
| Jun 30, 2024 | 33.31 Bn |
| Mar 31, 2024 | 32.97 Bn |
| Dec 31, 2023 | 32.79 Bn |
| Sep 30, 2023 | 32.04 Bn |
| Jun 30, 2023 | 31.53 Bn |
| Mar 31, 2023 | 31.20 Bn |
| Dec 31, 2022 | 30.74 Bn |
| Sep 30, 2022 | 30.38 Bn |
| Jun 30, 2022 | 30.36 Bn |
| Mar 31, 2022 | 30.43 Bn |
| Dec 31, 2021 | 29.67 Bn |
| Sep 30, 2021 | 29.20 Bn |
API Access
Fortis Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();