Fortis (TSX:FTS) Other Operating Expense : C$4,967 Mil (TTM As of Dec. 2024)

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What is Fortis Other Operating Expense?

Fortis's Other Operating Expense for the three months ended in Dec. 2024 was C$1,295 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$4,967 Mil.

Fortis's quarterly Other Operating Expense increased from Jun. 2024 (C$1,219 Mil) to Sep. 2024 (C$1,220 Mil) and increased from Sep. 2024 (C$1,220 Mil) to Dec. 2024 (C$1,295 Mil).

Fortis's annual Other Operating Expense increased from Dec. 2022 (C$4,351 Mil) to Dec. 2023 (C$4,662 Mil) and increased from Dec. 2023 (C$4,662 Mil) to Dec. 2024 (C$4,967 Mil).

Fortis Other Operating Expense Historical Data

The historical data trend for Fortis's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortis Other Operating Expense Chart

Fortis Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Other Operating Expense

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3,865.00

4,028.00

4,351.00

4,662.00

4,967.00

Fortis Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Other Operating Expense	Get a 7-Day Free Trial															1,207.00	1,233.00	1,219.00	1,220.00	1,295.00

Fortis Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4,967 Mil.

Fortis Other Operating Expense Related Terms

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Fortis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Fortis Inc (TSX:FTS) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

FORFF.PFD:USA FTRSF.PFD:USA FTS:USA 12F:Germany FTS.PR.M.PFD:Canada FTS.PR.K.PFD:Canada FTS.PR.J.PFD:Canada FTS.PR.I.PFD:Canada FTS.PR.H.PFD:Canada FTS.PR.G.PFD:Canada FTS.PR.F.PFD:Canada

Address

5 Springdale Street, Suite 1100, Fortis Place, Saint John’s, NL, CAN, A1E 0E4

Website

https://www.fortisinc.com

Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.

Executives

Pierre J. Blouin	Director
Tracey Colleen Ball	Director
Julie Dobson	Director
James Reid	Senior Officer
Stuart Lochray	Senior Officer
Gary Joseph Smith	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jocelyn Perry	Senior Officer
David Gerard Hutchens	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Margarita Dilley	Director
Kevin Woodbury	Senior Officer
Keri Linda Glitch	Senior Officer
James P. Laurito	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Lawrence Borgard	Director
Brian Slocum	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Ronald Hinsley	Senior Officer