Fortis (FORFF) Interest Expenses (2015 - 2026)
Fortis (FORFF) reported Interest Expenses of $271.3 million for Q1 2026, up 5.2% on a YoY basis from $257.9 million in Q1 2025, and up 2.52% quarter-over-quarter from $264.6 million in Q4 2025.
Fortis (FORFF) Interest Expenses (2015 - 2026) Analysis & Trends
Fortis has reported Interest Expenses for 12 years, with the latest figure at $271.3 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 5.2% year-over-year to $271.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 3.46% YoY), and the FY2025 full-year result was $1.1 billion, up 5.3% from the prior year.
- Interest Expenses for Q1 2026 stood at $271.3 million, up from $264.6 million in the prior quarter.
- The five-year high for Interest Expenses was $271.3 million in Q1 2026, with the low at $203.7 million in Q1 2022.
- Historically, Interest Expenses has averaged $245.3 million across 5 years, with a median of $249.4 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Expenses rose 15.25% — and 2025, when it increased 0.45%.
- Fortis' Interest Expenses stood at $219.5 million in 2022, then rose by 12.42% to $246.8 million in 2023, then gained by 6.74% to $263.4 million in 2024, then rose by 0.45% to $264.6 million in 2025, then rose by 2.52% to $271.3 million in 2026.
- The last three Interest Expenses figures came in at $271.3 million (Q1 2026), $264.6 million (Q4 2025), and $268.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 271.26 Mn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 561.00 Mn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 412.00 Mn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 228.50 Mn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 204.00 Mn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | -3.48 Bn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 246.00 Mn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 326.00 Mn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 203.00 Mn |
| 10 | Fortis | - | - | 1.70 Bn | 271.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 271.26 Mn |
| Mar 31, 2026 | 271.26 Mn |
| Dec 31, 2025 | 264.60 Mn |
| Dec 31, 2025 | 264.60 Mn |
| Sep 30, 2025 | 268.85 Mn |
| Sep 30, 2025 | 268.85 Mn |
| Jun 30, 2025 | 266.31 Mn |
| Jun 30, 2025 | 266.31 Mn |
| Mar 31, 2025 | 257.86 Mn |
| Mar 31, 2025 | 257.86 Mn |
| Dec 31, 2024 | 263.43 Mn |
| Dec 31, 2024 | 263.43 Mn |
| Sep 30, 2024 | 260.23 Mn |
| Sep 30, 2024 | 260.23 Mn |
| Jun 30, 2024 | 253.71 Mn |
| Jun 30, 2024 | 253.71 Mn |
| Mar 31, 2024 | 249.35 Mn |
| Mar 31, 2024 | 249.35 Mn |
| Dec 31, 2023 | 246.80 Mn |
| Dec 31, 2023 | 246.80 Mn |