Fortis (MEX:FTSN) Total Operating Expense: MXN71,025 Mil (TTM As of Mar. 2026)


MEX:FTSN Fortis Inc MEX:FTSN
80 GF Score
Price MXN896.40
GF Value MXN698.16
! 13 Warning Signs
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What is Fortis Total Operating Expense?

Fortis MEX:FTSN 80 Total Operating Expense is MXN71,025 Mil as of Mar. 2026. GuruFocus rates MEX:FTSN with a GF Score™ of 80/100 and a GF Value™ of MXN698.16. The stock has 13 warning signs investors should review.

Fortis's Total Operating Expense for the three months ended in Mar. 2026 was MXN18,098 Mil. Fortis's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN71,025 Mil.

Fortis Total Operating Expense Related Terms

Fortis Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Fortis's Total 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.

Fortis Total Operating Expense Chart

Fortis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64,554.99 62,441.73 58,984.75 72,710.23 69,268.76

Fortis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,167.09 17,922.73 17,344.38 17,659.81 18,098.42
MEX:FTSN
80GF Score
Fortis Inc MEX:FTSN
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortis Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN71,025 Mil.

* 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.

What does a Total Operating Expense of MXN71,025 Mil mean?
Fortis (MEX:FTSN) has a Total Operating Expense of MXN71,025 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Fortis and its competitors.
Is Fortis' Total Operating Expense too high?
Fortis' current Total Operating Expense is MXN71,025 Mil. Overall, Fortis has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Fortis' Total Operating Expense compare to NEE and SO?
Fortis' Total Operating Expense of MXN71,025 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Utilities - Regulated company?
A good Total Operating Expense depends on the Utilities - Regulated industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Fortis and its competitors. Fortis's current Total Operating Expense is MXN71,025 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis stock overvalued right now?
Fortis (MEX:FTSN) has a current Total Operating Expense of MXN71,025 Mil. The stock's GF Value™ is MXN698.16, compared to a current price of MXN896.40 — trading 28.4% above its estimated fair value. The current Total Operating Expense is MXN71,025 Mil. Fortis' overall GF Score™ is 80/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Fortis (MEX:FTSN), the current Total Operating Expense is MXN71,025 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortis (MEX:FTSN) Overvalued in 2026?

Based on GuruFocus' analysis, Fortis stock appears to be overvalued. The current stock price of MXN896.40 is trading 28.4% above its estimated GF Value™ of MXN698.16.

Key valuation signals for MEX:FTSN:

  • Total Operating Expense: MXN71,025 Mil
  • GF Value™: MXN698.16 vs. price of MXN896.40 (28.4% above fair value)
  • GF Score™: 80/100 with 13 warning signs

No single metric tells the full story. See the MEX:FTSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortis Business Description

Address 5 Springdale Street, Suite 1100, Fortis Place, Saint John’s, NL, CAN, A1B 3T2
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving 3.5 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.
80GF Score

Get the complete analysis for MEX:FTSN

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN896.40
Price
MXN698.16
GF Value