Fortis Capital Expenditures from 2010 to 2024

FTS Stock  USD 45.16  0.34  0.76%   
Fortis Capital Expenditures yearly trend continues to be comparatively stable with very little volatility. Capital Expenditures is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortis Capital Expenditures quarterly data regression had r-value of  0.97 and coefficient of variation of  51.62. View All Fundamentals
 
Capital Expenditures  
First Reported
1997-03-31
Previous Quarter
1.1 B
Current Value
1.2 B
Quarterly Volatility
376 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 1.4 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0393 or PTB Ratio of 1.44. Fortis financial statements analysis is a perfect complement when working with Fortis Valuation or Volatility modules.
  
Check out the analysis of Fortis Correlation against competitors.

Latest Fortis' Capital Expenditures Growth Pattern

Below is the plot of the Capital Expenditures of Fortis Inc over the last few years. Capital Expenditures are funds used by Fortis Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Fortis operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software. It is Fortis' Capital Expenditures historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortis' overall financial position and show how it may be relating to other accounts over time.
Capital Expenditures10 Years Trend
Slightly volatile
   Capital Expenditures   
       Timeline  

Fortis Capital Expenditures Regression Statistics

Arithmetic Mean2,623,218,133
Geometric Mean1,922,784,660
Coefficient Of Variation51.62
Mean Deviation1,175,027,324
Median3,024,000,000
Standard Deviation1,354,113,204
Sample Variance1833622.6T
Range4.3B
R-Value0.97
Mean Square Error132307.6T
R-Squared0.93
Slope292,469,271
Total Sum of Squares25670716T

Fortis Capital Expenditures History

20244.4 B
20234.2 B
20223.9 B
20213.4 B
2020B
20193.7 B
20183.2 B

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Capital Expenditures, to determine how well the company is positioned to perform in the future. Although Fortis investors may analyze each financial statement separately, they are all interrelated. The changes in Fortis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Expenditures4.2 B4.4 B

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Additional Tools for Fortis Stock Analysis

When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.