Fortis Inc. (FTS) quarterly cash flow statement — complete operating, investing & financing history
Fortis Inc. (FTS) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 1.13B | 1.11B | 1.02B | 1.03B | 804M | 1.21B | 962M | 1.34B | 814M | 768M | 562.86M | 691.93M | 712.15M | 915M | 869M | 633M | 759M | 813M | 717M | 711M |
| Operating CF Growth % | 40.48% | -8.83% | 5.82% | -23.24% | -1.23% | 57.94% | 70.91% | 93.37% | 14.3% | -16.07% | -35.23% | 9.31% | -6.17% | 12.55% | 21.2% | -10.97% | 2.57% | 10.01% | 2.43% | 3.64% |
| Operating CF / Revenue % | 38.54% | 32.5% | 33.06% | 34.96% | 28.56% | 36.34% | 32.62% | 48.29% | 30.49% | 24.63% | 19.51% | 25.45% | 27.45% | 27.57% | 27.43% | 24.79% | 30.52% | 28.68% | 27.76% | 32.38% |
| Net Income | 417.18M | 524.35M | 485M | 474M | 444M | 558M | 451M | 439M | 349M | 477M | 300.29M | 302.54M | 234.62M | 484M | 420M | 371M | 330M | 393M | 371M | 342M |
| Depreciation & Amortization | 0 | 533.37M | 512M | 518M | 512M | 515M | 500M | 480M | 480M | 467M | 342.54M | 326.09M | 331.94M | 436M | 422M | 422M | 417M | 407M | 384M | 380M |
| Deferred Taxes | 0 | 31.08M | 146M | 45M | 58M | 66M | 42M | 61M | 21M | 30M | 115.44M | 47.11M | 18.11M | 31M | 63M | 64M | 32M | 23M | 38M | 44M |
| Other Non-Cash Items | 699.3M | -37.1M | -5M | -1M | -35M | -27M | -36M | 19M | 8M | 5M | -25.65M | 40.49M | -20.37M | -17M | -80M | 47M | -4M | 13M | -42M | 8M |
| Working Capital Changes | 13.01M | 54.14M | -120M | -9M | -175M | 101M | 5M | 339M | -44M | -211M | -169.76M | -24.29M | 147.86M | -19M | 3M | -271M | -16M | -23M | -34M | -63M |
| Capital Expenditures | -1.6B | -1.51B | -1.69B | -1.45B | -1.54B | -1.54B | -1.69B | -1.25B | -1.11B | -1.11B | -897.1M | -700.77M | -707.63M | -954M | -1.11B | -951M | -885M | -915M | -974M | -818M |
| CapEx / Revenue % | 56.8% | 45.61% | 52.55% | 46.36% | 52.54% | 44.43% | 55.24% | 46.91% | 39.85% | 34.35% | 32.69% | 26.61% | 28.56% | 27.33% | 31.16% | 35.53% | 33.25% | 30.55% | 34.73% | 35.38% |
| CapEx / D&A | - | 2.91x | 3.16x | 2.63x | 2.89x | 2.88x | 3.26x | 2.71x | 2.22x | 2.29x | 2.75x | 2.22x | 2.23x | 2.08x | 2.34x | 2.15x | 1.98x | 2.13x | 2.34x | 2.04x |
| CapEx Coverage (OCF/CapEx) | 0.68x | 0.71x | 0.63x | 0.75x | 0.54x | 0.82x | 0.59x | 1.03x | 0.77x | 0.72x | 0.60x | 0.96x | 0.96x | 1.01x | 0.88x | 0.70x | 0.92x | 0.94x | 0.80x | 0.92x |
| Cash from Investing | -1.34B | -1.37B | -1.34B | -1.08B | -1.51B | -1.43B | -1.8B | -1.31B | -1.15B | -1.14B | -564.37M | -765.54M | -764.21M | -941M | -1.15B | -1.07B | -918M | -916M | -985M | -845M |
| Acquisitions | 0 | 0 | 181M | 298M | -27M | 0 | 0 | 0 | 0 | 0 | 342.54M | 0 | 0 | 0 | 0 | -100M | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 323.14M | 177.46M | 96M | -17M | -4M | 58M | -167M | -13M | -83M | -68M | 36.22M | -41.96M | -23.39M | -34M | -165M | -66M | -91M | -50M | -88M | -68M |
| Cash from Financing | 221.1M | 254.66M | 305M | 220M | 437M | 499M | 125M | 316M | 319M | 304M | -101.1M | 110.42M | 157.67M | 388M | 103M | 471M | 124M | 337M | 174M | -249M |
| Dividends Paid | -233.1M | -230.59M | -229M | -220M | -211M | -213M | -214M | -205M | -202M | -197M | -151.65M | -141.33M | -142.58M | -186M | -197M | -184M | -180M | -176M | -174M | -168M |
| Dividend Payout Ratio % | 53.56% | 39.87% | 46.62% | 45.94% | 47.28% | 36.92% | 46.99% | 42.37% | 52.72% | 37.53% | 34.88% | 31.34% | 41.72% | 37.53% | 46.89% | 49.12% | 54.67% | 43.72% | 46.36% | 48.87% |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K |
| Stock Issued | 14.01M | 18.05M | 15M | 11M | 9M | 25M | 12M | 13M | 8M | 13M | 6.79M | 4.42M | 10.56M | 14M | 7M | 6M | 18M | 22M | 8M | 8M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -16.01M | 1M | 10M | 3M | -7M | -45M | -16M | -25M | -38M | -29M | -41.5M | -7.36M | 2.26M | -15M | -26M | -21M | -13M | -11M | -6M | -37M |
| Net Change in Cash | 17.4M | -12.77M | -22M | 168M | -289M | 290M | -676M | 335M | -8M | -56M | -91.55M | 42.58M | 94.64M | 367M | -186M | 57M | -27M | 234M | -94M | -374M |
| Exchange Rate Effect | 8.4M | 1.27M | -4M | 2M | -20M | 3M | 33M | -6M | 6M | 11M | 11.06M | 5.78M | -10.97M | 5M | -6M | 26M | 8M | 0 | 0 | 9M |
| Cash at Beginning | 366.77M | 372.7M | 389M | 221M | 510M | 220M | 896M | 561M | 569M | 625M | 563.12M | 520.54M | 425.89M | 209M | 395M | 338M | 365M | 131M | 225M | 599M |
| Cash at End | 384.17M | 359.93M | 367M | 389M | 221M | 510M | 220M | 896M | 561M | 569M | 471.56M | 563.12M | 520.54M | 576M | 209M | 395M | 338M | 365M | 131M | 225M |
| Free Cash Flow | -472.2M | -401.03M | -676M | -426M | -740M | -330M | -731M | 90M | -298M | -345M | -334.24M | -8.83M | 4.53M | -39M | -245M | -318M | -126M | -102M | -257M | -107M |
| FCF Growth % | 36.19% | -21.53% | 7.52% | -573.33% | -148.32% | 4.35% | -118.7% | 1118.88% | -6683.6% | -784.62% | -36.43% | 97.22% | 103.59% | 61.76% | 4.67% | -197.2% | -152% | -56.92% | 52.5% | 38.86% |
| FCF Margin % | -16.11% | -11.78% | -21.96% | -14.5% | -26.29% | -9.89% | -24.79% | 3.25% | -11.16% | -11.06% | -11.59% | -0.32% | 0.17% | -1.18% | -7.73% | -12.46% | -5.07% | -3.6% | -9.95% | -4.87% |
| FCF / Net Income % | -119.24% | -76.68% | -152.25% | -98.84% | -183.17% | -63.46% | -176.14% | 20.5% | -85.39% | -72.33% | -83.98% | -2.15% | 1.46% | -8.61% | -63.47% | -92.98% | -42% | -27.87% | -74.93% | -34.41% |