Fortis (FORFF) Debt Ratio (2015 - 2026)
Fortis posted quarterly Debt Ratio of 0.41 for Q1 2026, down 6.59% year-on-year from 0.44 in Q1 2025, and down 1.74% on a QoQ basis from 0.42 in Q4 2025.
Fortis (FORFF) has 12 years of Debt Ratio data on file, last reported at 0.41 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 6.59% year-over-year to 0.41; the trailing twelve-month figure through Mar 2026 stood at 0.41 (down 6.59% YoY), and the FY2025 full-year result was 0.42, down 2.38% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.41, down from 0.42 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.44 in Q4 2022 and bottomed at 0.41 in Q1 2024.
- The 5-year median for Debt Ratio is 0.42 (2024), against an average of 0.42.
- The widest annual swing landed in 2025, when Debt Ratio gained 7.6%; it then dropped 6.59% in 2026.
- A 5-year view of Debt Ratio shows it stood at 0.44 in 2022, then decreased by 6.16% to 0.41 in 2023, then advanced by 2.72% to 0.43 in 2024, then retreated by 2.38% to 0.42 in 2025, then fell by 1.74% to 0.41 in 2026.
- The last three Debt Ratio figures came in at 0.41 (Q1 2026), 0.42 (Q4 2025), and 0.43 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 0.41 |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 0.41 |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 0.42 |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 0.41 |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 0.40 |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | 0.51 |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | 0.01 |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 0.40 |
| 10 | Fortis | - | - | 1.70 Bn | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.41 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.44 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.43 |
| Jun 30, 2021 | 0.43 |
| Mar 31, 2021 | 0.41 |
| Dec 31, 2020 | 0.42 |
| Sep 30, 2020 | 0.42 |
| Jun 30, 2020 | 0.42 |
| Mar 31, 2020 | 0.41 |
| Dec 31, 2019 | 0.41 |
| Sep 30, 2019 | 0.44 |
| Jun 30, 2019 | 0.44 |
| Mar 31, 2019 | 0.43 |
| Dec 31, 2018 | 0.44 |
| Sep 30, 2018 | 0.43 |
| Jun 30, 2018 | 0.43 |
| Mar 31, 2018 | 0.43 |
| Dec 31, 2017 | 0.44 |
| Sep 30, 2017 | 0.43 |
| Jun 30, 2017 | 0.43 |
| Dec 31, 2016 | 0.46 |
| Sep 30, 2016 | 0.41 |
| Jun 30, 2016 | 0.40 |
| Dec 31, 2015 | 0.39 |