Fortis FORFF
NYSE FORFF
$15.73 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Fortis (FORFF) Interest Coverage Ratio (2015 - 2026)

Fortis' (FORFF) quarterly Interest Coverage Ratio came in at 2.08 in Q2 2026, down 4.17% on a YoY basis from 2.17 in Q2 2025, and down 19.07% quarter-over-quarter from 2.57 in Q1 2026.

Analysis

Fortis (FORFF) Interest Coverage Ratio (2015 - 2026) Analysis & Trends

Fortis (FORFF) has reported Interest Coverage Ratio for 12 consecutive years, with 2.08 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Coverage Ratio fell 4.17% year-over-year to 2.08; the trailing twelve-month figure through Jun 2026 stood at 2.34 (changed 0.38% YoY), and the FY2025 full-year result was 2.36, up 0.91% from the prior year.
  • Interest Coverage Ratio eased to 2.08 in Q2 2026 per FORFF's latest filing, from 2.57 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.
  • Historically, Interest Coverage Ratio has averaged 2.38 across 5 years, with a median of 2.35 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio jumped 38.86% in 2022, then dropped 12.28% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 2.53 in 2022, then slipped by 8.25% to 2.32 in 2023, then increased by 1.27% to 2.35 in 2024, then advanced by 0.19% to 2.35 in 2025, then decreased by 11.68% to 2.08 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.08, 2.57, and 2.35 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Enel Chile 310.56 Bn 310.56 Bn 890.00 Mn 5.19
2 Dominion Energy 57.37 Bn 56.59 Bn 3.50 Bn 0.59
3 Xcel Energy 47.65 Bn 45.64 Bn 3.12 Bn 1.59
4 Wec Energy 34.59 Bn 34.54 Bn 1.45 Bn 1.89
5 Ameren 29.37 Bn 29.36 Bn - 2.20
6 Firstenergy 26.72 Bn 26.53 Bn 2.51 Bn 2.01
7 Hydro One 22.94 Bn 22.55 Bn - 3.45
8 Edison International 22.20 Bn 21.96 Bn 3.29 Bn 2.12
9 Cms Energy 21.18 Bn 20.93 Bn 3.65 Bn 1.80
10 Fortis 7.98 Bn 9.27 Bn 1.60 Bn 2.08
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.08
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 1.79