Fortis Operating Expenses 2016-2024 | FTS

Fortis annual/quarterly operating expenses history and growth rate from 2016 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Fortis operating expenses for the quarter ending September 30, 2024 were $1.434B, a 1.41% increase year-over-year.
  • Fortis operating expenses for the twelve months ending September 30, 2024 were $6.058B, a 6.67% decline year-over-year.
  • 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 for 2021 were $5.569B, a 16.07% increase from 2020.
Fortis Annual Operating Expenses
(Millions of US $)
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 $)
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 $20.946B $8.531B
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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