Fortis Operating Expenses 2016-2025 | FTS

Fortis annual/quarterly operating expenses history and growth rate from 2016 to 2025. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Fortis operating expenses for the quarter ending March 31, 2025 were $1.661B, a 0.07% decline year-over-year.
  • Fortis operating expenses for the twelve months ending March 31, 2025 were $5.995B, a 1.22% decline year-over-year.
  • Fortis annual operating expenses for 2024 were $5.996B, a 4.02% decline from 2023.
  • Fortis annual operating expenses for 2023 were $6.247B, a 2.18% decline from 2022.
  • Fortis annual operating expenses for 2022 were $6.387B, a 14.69% increase from 2021.
Fortis Annual Operating Expenses
(Millions of US $)
2024 $5,996
2023 $6,247
2022 $6,387
2021 $5,569
2020 $4,798
2019 $4,329
2018 $4,648
2017 $4,475
2016 $4,044
2015 $4,156
Fortis Quarterly Operating Expenses
(Millions of US $)
2025-03-31 $1,661
2024-12-31 $1,488
2024-09-30 $1,434
2024-06-30 $1,412
2024-03-31 $1,662
2023-12-31 $1,550
2023-09-30 $1,415
2023-06-30 $1,443
2023-03-31 $1,840
2022-12-31 $1,793
2022-09-30 $1,422
2022-06-30 $1,467
2022-03-31 $1,705
2021-12-31 $1,541
2021-09-30 $1,269
2021-06-30 $1,281
2021-03-31 $1,478
2020-12-31 $1,298
2020-09-30 $1,140
2020-06-30 $1,067
2020-03-31 $1,292
2019-12-31 $1,234
2019-09-30 $1,111
2019-06-30 $643
2019-03-31 $1,341
2018-12-31 $1,229
2018-09-30 $1,105
2018-06-30 $1,061
2018-03-31 $1,253
2017-12-31 $1,190
2017-09-30 $1,015
2017-06-30 $1,036
2017-03-31 $1,234
2016-12-31 $1,227
2016-09-30 $888
2016-06-30 $905
2016-03-31 $1,024
2015-12-31
2015-09-30
Sector Industry Market Cap Revenue
Utilities Utility - Electric Power Distribution $24.329B $8.399B
Fortis, Inc. is engaged in electric and gas utility business. The Company offers regulated utilities comprised of electric and gas as well as engages in non-regulated hydroelectric operations. It operates primarily in Canada, United States and Caribbean. Fortis, Inc. is based in St John's, Canada.
Stock Name Country Market Cap PE Ratio
NextEra Energy (NEE) United States $140.646B 19.46
Iberdrola S.A (IBDRY) Spain $111.824B 22.40
Southern (SO) United States $99.256B 21.25
Duke Energy (DUK) United States $93.271B 19.29
National Grid Transco (NGG) United Kingdom $68.668B 0.00
American Electric Power (AEP) United States $56.192B 17.89
ENGIE - (ENGIY) France $49.412B 0.00
Vistra (VST) United States $47.932B 18.18
Dominion Energy (D) United States $46.903B 18.09
Pacific Gas & Electric (PCG) United States $45.964B 13.02
E.ON SE (EONGY) Germany $45.626B 14.81
Exelon (EXC) United States $45.530B 16.46
Xcel Energy (XEL) United States $40.471B 20.40
Public Service Enterprise Group (PEG) United States $39.660B 20.92
Consolidated Edison Inc (ED) United States $38.822B 19.59
Entergy (ETR) United States $35.888B 21.17
WEC Energy (WEC) United States $34.454B 20.80
DTE Energy (DTE) United States $28.162B 18.69
Ameren (AEE) United States $26.401B 20.87
PPL (PPL) United States $26.333B 20.47
CenterPoint Energy (CNP) United States $24.771B 23.72
FirstEnergy (FE) United States $24.523B 15.45
NRG Energy (NRG) United States $24.509B 21.30
Eversource Energy (ES) United States $23.039B 13.66
CLP Holdings (CLPHY) Hong Kong, SAR China $21.980B 0.00
CMS Energy (CMS) United States $21.716B 21.42
Edison (EIX) United States $21.597B 10.90
Tenaga Nasional Berhad (TNABY) $19.565B 0.00
Eletrobras (EBR.B) Brazil $18.911B 10.52
NiSource (NI) United States $18.645B 21.07
Centrais El�tricas Brasileiras SA (EBR) Brazil $17.182B 9.56
Alliant Energy (LNT) United States $15.698B 18.80
Evergy (EVRG) United States $15.310B 17.47
Power Assets Holdings (HGKGY) Hong Kong, SAR China $14.385B 0.00
Korea Electric Power (KEP) South Korea $12.056B 4.70
China Resources Power Holdings (CRPJY) Hong Kong, SAR China $11.880B 0.00
Pinnacle West Capital (PNW) United States $10.986B 18.29
OGE Energy (OGE) United States $8.927B 18.32
Companhia Paranaense De Energia - Copel (ELPC) $8.234B 10.99
AES (AES) United States $7.703B 5.69
Brookfield Renewable Partners (BEP) Bermuda $6.452B 0.00
IDACORP (IDA) United States $6.141B 20.19
Comp En De Mn Cemig ADS (CIG) Brazil $5.495B 5.40
Portland General Electric (POR) United States $4.636B 14.90
Companhia Paranaense De Energia (COPEL) (ELP) Brazil $4.543B 48.82
Black Hills (BKH) United States $4.244B 15.02
Algonquin Power & Utilities (AQN) Canada $4.192B 14.76
Pampa Energia S.A (PAM) Argentina $3.947B 6.40
Allete (ALE) United States $3.797B 18.45
NorthWestern (NWE) United States $3.501B 16.16
MGE Energy (MGEE) United States $3.300B 25.51
Avista (AVA) United States $3.263B 17.31
Otter Tail (OTTR) United States $3.214B 10.93
TransAlta (TAC) Canada $2.523B 0.00
Innergex Renewable Energy (INGXF) Canada $1.993B 57.71
Centuri Holdings (CTRI) United States $1.851B 0.00
Hawaiian Electric Industries (HE) United States $1.797B 6.72
Kenon Holdings (KEN) Singapore $1.622B 28.53
Empresa Distribuidora Y Comercializadora Norte S.A (Edenor) (EDN) Argentina $1.371B 4.85
Red Electrica Corporacion SA (RDEIY) Spain $1.058B 0.00
Unitil (UTL) United States $0.934B 19.16
Genie Energy (GNE) United States $0.436B 10.91
Ballard Power Systems (BLDP) Canada $0.390B 0.00
Polar Power (POLA) United States $0.005B 0.00
Great Plains Energy Inc (GXP) United States $0.000B 0.00
Enel Chile S.A (ENIC) Chile $0.000B 28.29