Fortis annual free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Fortis Free Cash Flow (FCF) History (FTS)
Fortis reported −$1.88B in free cash flow for fiscal 2025, a decrease of $750.0M from the previous fiscal year, with a free cash flow margin of −15.80%.
View full Fortis company overviewFortis free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$1.88B | −$750.0M | — | −15.80% |
| 2024 | 2024-12-31 | −$1.13B | −$689.0M | — | −10.05% |
| 2023 | 2023-12-31 | −$441.0M | $72.0M | — | −3.95% |
| 2022 | 2022-12-31 | −$513.0M | −$231.0M | — | −4.70% |
| 2021 | 2021-12-31 | −$282.0M | $874.0M | — | −3.05% |
| 2020 | 2020-12-31 | −$1.16B | −$320.0M | — | −13.22% |
| 2019 | 2019-12-31 | −$836.0M | −$408.0M | — | −9.72% |
| 2018 | 2018-12-31 | −$428.0M | −$371.0M | — | −5.14% |
| 2017 | 2017-12-31 | −$57.0M | −$29.0M | — | −0.70% |
| 2016 | 2016-12-31 | −$28.0M | $430.0M | — | −0.41% |
| 2015 | 2015-12-31 | −$458.0M | — | — | −6.78% |
Fortis quarterly free cash flow
Q2.16
Q2.17
Q2.18
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2025 | 2025-06-30 | −$675.0M | −$664.0M | — | −23.98% |
| Q2 2024 | 2024-06-30 | −$250.0M | −$250.0M | — | −9.36% |
| Q2 2023 | 2023-06-30 | $6.0M | $189.0M | — | +0.23% |
| Q2 2022 | 2022-06-30 | −$68.0M | −$26.0M | — | −2.73% |
| Q2 2021 | 2021-06-30 | −$11.0M | −$6.0M | — | −0.52% |
| Q2 2020 | 2020-06-30 | $0 | −$40.0M | — | 0.00% |
| Q2 2019 | 2019-06-30 | −$183.0M | — | — | −9.29% |
| Q2 2018 | 2018-06-30 | −$42.0M | — | — | −2.16% |
| Q2 2017 | 2017-06-30 | −$5.0M | — | — | −0.25% |
| Q2 2016 | 2016-06-30 | $40.0M | — | — | +2.69% |
Fortis free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$1.16B to −$1.88B, a net decrease of $724.0M. Fortis's latest reported quarter, Q2 2025, generated −$675.0M in free cash flow, a decrease of $664.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Fortis filings at SEC.gov ↗