Fortis Property Plant Equipment from 2010 to 2024

FTS Stock  USD 45.16  0.34  0.76%   
Fortis Property Plant Equipment yearly trend continues to be comparatively stable with very little volatility. Property Plant Equipment is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortis Property Plant Equipment quarterly data regression had r-value of  0.94 and coefficient of variation of  64.14. View All Fundamentals
 
Property Plant Equipment  
First Reported
2000-03-31
Previous Quarter
42.2 B
Current Value
43.2 B
Quarterly Volatility
12.9 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 Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Fortis Inc over the last few years. It is Fortis' Property Plant Equipment 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 Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

Fortis Property Plant Equipment Regression Statistics

Arithmetic Mean25,834,656,154
Geometric Mean13,187,241,757
Coefficient Of Variation64.14
Mean Deviation14,294,131,949
Median29,668,000,000
Standard Deviation16,570,456,223
Sample Variance274580019.4T
Range50.3B
R-Value0.94
Mean Square Error35582177.3T
R-Squared0.88
Slope3,475,193,708
Total Sum of Squares3844120272.1T

Fortis Property Plant Equipment History

202450.4 B
202348 B
202241.7 B
202137.9 B
202036 B
201934 B
201832.8 B

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Property Plant Equipment, 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 Equipment48 B50.4 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.