Fortis (FINCF) Interest Coverage Ratio (2015 - 2026)
Fortis posted quarterly Interest Coverage Ratio of 2.57 for Q1 2026, little changed year-on-year from 2.58 in Q1 2025, and up 9.14% on a QoQ basis from 2.35 in Q4 2025.
Fortis (FINCF) has 12 years of Interest Coverage Ratio data on file, last reported at 2.57 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio changed 0.33% year-over-year to 2.57; the trailing twelve-month figure through Mar 2026 stood at 2.36 (up 1.06% YoY), and the FY2025 full-year result was 2.36, up 0.91% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 2.57, up from 2.35 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.63 in Q1 2023 and bottomed at 2.02 in Q2 2023.
- The 5-year median for Interest Coverage Ratio is 2.35 (2025), against an average of 2.4.
- The widest annual swing landed in 2022, when Interest Coverage Ratio grew 5.67%; it then slipped 12.28% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 2.53 in 2022, then decreased by 8.25% to 2.32 in 2023, then grew by 1.27% to 2.35 in 2024, then gained by 0.19% to 2.35 in 2025, then climbed by 9.14% to 2.57 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.57 (Q1 2026), 2.35 (Q4 2025), and 2.35 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 2.57 |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | -16.76 |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 2.48 |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 1.83 |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 4.29 |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 2.61 |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | - |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 11.19 |
| 10 | Fortis | - | - | 1.70 Bn | 2.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.57 |
| Dec 31, 2025 | 2.35 |
| Sep 30, 2025 | 2.35 |
| Jun 30, 2025 | 2.17 |
| Mar 31, 2025 | 2.58 |
| Dec 31, 2024 | 2.35 |
| Sep 30, 2024 | 2.29 |
| Jun 30, 2024 | 2.13 |
| Mar 31, 2024 | 2.61 |
| Dec 31, 2023 | 2.32 |
| Sep 30, 2023 | 2.48 |
| Jun 30, 2023 | 2.02 |
| Mar 31, 2023 | 2.63 |
| Dec 31, 2022 | 2.53 |
| Sep 30, 2022 | 2.49 |
| Jun 30, 2022 | 2.31 |
| Mar 31, 2022 | 2.62 |
| Dec 31, 2021 | 2.56 |
| Sep 30, 2021 | 2.45 |
| Jun 30, 2021 | 2.18 |
| Mar 31, 2021 | 2.65 |
| Dec 31, 2020 | 2.52 |
| Sep 30, 2020 | 2.27 |
| Jun 30, 2020 | 2.27 |
| Mar 31, 2020 | 2.57 |
| Dec 31, 2019 | 3.08 |
| Sep 30, 2019 | 2.96 |
| Jun 30, 2019 | 3.31 |
| Mar 31, 2019 | 2.43 |
| Dec 31, 2018 | 2.64 |
| Sep 30, 2018 | 2.47 |
| Jun 30, 2018 | 2.49 |
| Mar 31, 2018 | 2.60 |
| Dec 31, 2017 | 4.12 |
| Sep 30, 2017 | 4.05 |
| Jun 30, 2017 | 2.70 |
| Mar 31, 2017 | 4.11 |
| Dec 31, 2016 | 2.10 |
| Sep 30, 2016 | 2.15 |
| Jun 30, 2016 | 2.07 |
| Mar 31, 2016 | 4.13 |
| Dec 31, 2015 | 2.49 |
| Sep 30, 2015 | 2.52 |
| Jun 30, 2015 | 0.97 |