Fortis Net Change in Intangible Assets 2016-2025 | FTS

Fortis annual/quarterly net change in intangible assets history and growth rate from 2016 to 2025. Net change in intangible assets can be defined as the overall change from the sale and purchase of intangible assets including patents, rights and capitalized software.
  • Fortis net change in intangible assets for the quarter ending March 31, 2025 was $-0.042B, a 34.2% increase year-over-year.
  • Fortis net change in intangible assets for the twelve months ending March 31, 2025 was $-0.362B, a 11.27% increase year-over-year.
  • Fortis annual net change in intangible assets for 2024 was $-0.15B, a 10.9% increase from 2023.
  • Fortis annual net change in intangible assets for 2023 was $-0.136B, a 36.6% decline from 2022.
  • Fortis annual net change in intangible assets for 2022 was $-0.214B, a 36.04% increase from 2021.
Fortis Annual Net Change in Intangible Assets
(Millions of US $)
2024 $-150
2023 $-136
2022 $-214
2021 $-157
2020 $-136
2019 $-167
2018 $-143
2017 $-163
2016 $-113
2015 $-88
Sector Industry Market Cap Revenue
Utilities Utility - Electric Power Distribution $23.826B $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.
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