Fortis (FORFF) Debt Ratio (2015 - 2026)
Fortis' (FORFF) quarterly Debt Ratio came in at 0.46 in Q2 2026, down 0.65% on a YoY basis from 0.46 in Q2 2025, and little changed quarter-over-quarter from 0.46 in Q1 2026.
Analysis
Fortis (FORFF) Debt Ratio (2015 - 2026) Analysis & Trends
Fortis (FORFF) has reported Debt Ratio for 12 consecutive years, with 0.46 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 0.65% year-over-year to 0.46; the trailing twelve-month figure through Jun 2026 stood at 0.46 (down 0.65% YoY), and the FY2025 full-year result was 0.4, down 4.01% from the prior year.
- Debt Ratio was little changed at 0.46 in Q2 2026 per FORFF's latest filing, from 0.46 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.46 in Q2 2025 and bottomed at 0.07 in Q3 2023.
- Historically, Debt Ratio has averaged 0.4 across 5 years, with a median of 0.45 in 2023.
- The sharpest annual moves came in 2022 and 2024: Debt Ratio tumbled 81.55% in 2022, then surged 503.69% in 2024.
- Over 5 years, Debt Ratio stood at 0.45 in 2022, then rose by 0.82% to 0.45 in 2023, then advanced by 0.78% to 0.45 in 2024, then advanced by 1.06% to 0.46 in 2025, then decreased by 0.28% to 0.46 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.46, 0.46, and 0.46 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 0.44 |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 0.48 |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 0.44 |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 0.43 |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 0.51 |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 0.49 |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 0.48 |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 0.47 |
| 10 | Fortis | 7.98 Bn | 9.27 Bn | 1.60 Bn | 0.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.46 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.07 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.45 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.42 |