Fortis Property Plant And Equipment Gross from 2010 to 2024

FTS Stock  USD 44.58  0.25  0.56%   
Fortis Property Plant And Equipment Gross yearly trend continues to be comparatively stable with very little volatility. Property Plant And Equipment Gross is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortis Property Plant And Equipment Gross quarterly data regression had r-value of  0.99 and coefficient of variation of  63.40. View All Fundamentals
 
Property Plant And Equipment Gross  
First Reported
1997-03-31
Previous Quarter
56.2 B
Current Value
58.4 B
Quarterly Volatility
13.4 B
 
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' Property Plant And Equipment Gross Growth Pattern

Below is the plot of the Property Plant And Equipment Gross of Fortis Inc over the last few years. It is Fortis' Property Plant And Equipment Gross 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.
Property Plant And Equipment Gross10 Years Trend
Slightly volatile
   Property Plant And Equipment Gross   
       Timeline  

Fortis Property Plant And Equipment Gross Regression Statistics

Arithmetic Mean30,545,010,733
Geometric Mean21,530,925,452
Coefficient Of Variation63.40
Mean Deviation15,469,016,649
Median29,668,000,000
Standard Deviation19,365,834,023
Sample Variance375035527.4T
Range60.6B
R-Value0.99
Mean Square Error11816252.2T
R-Squared0.97
Slope4,266,516,689
Total Sum of Squares5250497383.6T

Fortis Property Plant And Equipment Gross History

202461.3 B
202358.4 B
202256.2 B
202151.2 B
202036 B
201934 B
201832.7 B

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Property Plant And Equipment Gross, 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
Property Plant And Equipment Gross58.4 B61.3 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.