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 | $23.755B | $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 | $153.656B | 21.26 |
| Iberdrola S.A (IBDRY) | Spain | $117.669B | 23.57 |
| Southern (SO) | United States | $102.498B | 21.94 |
| Duke Energy (DUK) | United States | $91.848B | 19.00 |
| National Grid Transco (NGG) | United Kingdom | $69.128B | 0.00 |
| Vistra (VST) | United States | $66.434B | 25.26 |
| American Electric Power (AEP) | United States | $56.646B | 18.03 |
| ENGIE - (ENGIY) | France | $55.487B | 0.00 |
| Dominion Energy (D) | United States | $49.598B | 19.13 |
| E.ON SE (EONGY) | Germany | $48.707B | 14.69 |
| Exelon (EXC) | United States | $44.046B | 15.92 |
| Public Service Enterprise Group (PEG) | United States | $40.998B | 21.62 |
| Xcel Energy (XEL) | United States | $39.479B | 19.90 |
| Consolidated Edison Inc (ED) | United States | $36.415B | 18.38 |
| Pacific Gas & Electric (PCG) | United States | $36.225B | 10.26 |
| Entergy (ETR) | United States | $35.375B | 20.87 |
| WEC Energy (WEC) | United States | $33.726B | 20.36 |
| NRG Energy (NRG) | United States | $29.592B | 20.26 |
| DTE Energy (DTE) | United States | $27.737B | 18.41 |
| Ameren (AEE) | United States | $26.025B | 20.58 |
| PPL (PPL) | United States | $25.379B | 19.73 |
| Eversource Energy (ES) | United States | $24.288B | 14.40 |
| CenterPoint Energy (CNP) | United States | $23.642B | 22.64 |
| FirstEnergy (FE) | United States | $23.392B | 14.74 |
| CMS Energy (CMS) | United States | $21.100B | 20.81 |
| CLP Holdings (CLPHY) | Hong Kong, SAR China | $20.894B | 0.00 |
| Edison (EIX) | United States | $19.735B | 9.96 |
| Tenaga Nasional Berhad (TNABY) | $19.417B | 0.00 | |
| NiSource (NI) | United States | $18.640B | 21.06 |
| Eletrobras (EBR.B) | Brazil | $17.825B | 10.42 |
| Korea Electric Power (KEP) | South Korea | $17.487B | 4.66 |
| Centrais El�tricas Brasileiras SA (EBR) | Brazil | $16.115B | 9.42 |
| Alliant Energy (LNT) | United States | $16.080B | 19.26 |
| Evergy (EVRG) | United States | $15.972B | 18.22 |
| Power Assets Holdings (HGKGY) | Hong Kong, SAR China | $13.895B | 0.00 |
| China Resources Power Holdings (CRPJY) | Hong Kong, SAR China | $12.794B | 0.00 |
| Pinnacle West Capital (PNW) | United States | $10.906B | 18.16 |
| OGE Energy (OGE) | United States | $8.963B | 18.40 |
| AES (AES) | United States | $8.835B | 6.53 |
| Companhia Paranaense De Energia - Copel (ELPC) | $8.528B | 11.39 | |
| Brookfield Renewable Partners (BEP) | Bermuda | $7.247B | 0.00 |
| IDACORP (IDA) | United States | $6.369B | 20.94 |
| Comp En De Mn Cemig ADS (CIG) | Brazil | $5.466B | 6.48 |
| Companhia Paranaense De Energia (COPEL) (ELP) | Brazil | $5.097B | 50.35 |
| Portland General Electric (POR) | United States | $4.542B | 14.60 |
| Algonquin Power & Utilities (AQN) | Canada | $4.493B | 15.81 |
| Black Hills (BKH) | United States | $4.170B | 14.67 |
| Pampa Energia S.A (PAM) | Argentina | $3.849B | 7.66 |
| Allete (ALE) | United States | $3.767B | 18.30 |
| Otter Tail (OTTR) | United States | $3.364B | 11.43 |
| TransAlta (TAC) | Canada | $3.320B | 0.00 |
| NorthWestern (NWE) | United States | $3.245B | 14.98 |
| MGE Energy (MGEE) | United States | $3.218B | 24.88 |
| Avista (AVA) | United States | $3.085B | 16.36 |
| Kenon Holdings (KEN) | Singapore | $2.368B | 41.65 |
| Innergex Renewable Energy (INGXF) | Canada | $2.038B | 59.02 |
| Centuri Holdings (CTRI) | United States | $1.916B | 65.49 |
| Hawaiian Electric Industries (HE) | United States | $1.837B | 8.01 |
| Empresa Distribuidora Y Comercializadora Norte S.A (Edenor) (EDN) | Argentina | $1.167B | 4.57 |
| Unitil (UTL) | United States | $0.843B | 17.28 |
| Genie Energy (GNE) | United States | $0.612B | 15.41 |
| Ballard Power Systems (BLDP) | Canada | $0.582B | 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 | 25.07 |