Fortis (FTS) Return on Invested Capital [ROIC] (2016 - 2026)
Fortis (FTS) recorded Return on Invested Capital [ROIC] of 4.70% in the quarter ended Jun 30, 2026, down 0.25 percentage points from 4.95% a year earlier and down 0.10 percentage points from the prior quarter.
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Analysis
Fortis (FTS) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Fortis reported Return on Invested Capital [ROIC] of 5.01%, up 0.01 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has increased for three straight years, with a five-year change of +0.06 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 4.99% in the year ended Dec 31, 2024 (+0.21 pp), 4.79% in the year ended Dec 31, 2023 (+0.16 pp), 4.63% in the year ended Dec 31, 2022 (-0.09 pp) and 4.71% in the year ended Dec 31, 2021 (-0.24 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Return on Invested Capital [ROIC] since the quarter ended Jun 30, 2022.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -0.02 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 4.00 percentage points in the quarter ended Sep 30, 2021, against a drop of 1.30 percentage points in the quarter ended Dec 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.80% (quarter ended Mar 31, 2026), 4.78% (quarter ended Dec 31, 2025) and 4.76% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 4.66% |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 5.11% |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 5.41% |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 5.55% |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 3.52% |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 1.80% |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 4.68% |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 4.49% |
| 10 | Fortis | 29.40 Bn | 29.85 Bn | 1.60 Bn | 6.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.39% |
| Mar 31, 2026 | 6.40% |
| Dec 31, 2025 | 6.48% |
| Sep 30, 2025 | 6.49% |
| Jun 30, 2025 | 6.56% |
| Mar 31, 2025 | 6.70% |
| Dec 31, 2024 | 6.66% |
| Sep 30, 2024 | 6.48% |
| Jun 30, 2024 | 6.41% |
| Mar 31, 2024 | 6.39% |
| Dec 31, 2023 | 6.33% |
| Sep 30, 2023 | 6.38% |
| Jun 30, 2023 | 6.25% |
| Mar 31, 2023 | 6.38% |
| Dec 31, 2022 | 6.22% |
| Sep 30, 2022 | 6.22% |
| Jun 30, 2022 | 6.14% |
| Mar 31, 2022 | 6.19% |
| Dec 31, 2021 | 6.31% |
| Sep 30, 2021 | 6.29% |
API Access
Fortis Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();