Fortis (FORFF) Notes Payables (2015 - 2026)
Fortis' (FORFF) quarterly Notes Payables came in at $28.2 million in Q2 2026, down 89.24% on a YoY basis from $262.0 million in Q2 2025, and down 93.38% quarter-over-quarter from $425.9 million in Q1 2026.
Analysis
Fortis (FORFF) Notes Payables (2015 - 2026) Analysis & Trends
Fortis (FORFF) has reported Notes Payables for 12 consecutive years, with $28.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Notes Payables fell 89.24% year-over-year to $28.2 million; the trailing twelve-month figure through Jun 2026 stood at $28.2 million (down 89.24% YoY), and the FY2025 full-year result was $135.0 million, down 22.86% from the prior year.
- Notes Payables fell to $28.2 million in Q2 2026 per FORFF's latest filing, from $425.9 million in the prior quarter.
- Across five years, Notes Payables topped out at $425.9 million in Q1 2026 and bottomed at -$175.0 million in Q3 2023.
- Historically, Notes Payables has averaged $141.4 million across 5 years, with a median of $133.9 million in 2024.
- The widest YoY moves for Notes Payables: up 941.18% in 2023, down 198.38% in 2023.
- Over 5 years, Notes Payables stood at $186.4 million in 2022, then plunged by 53.1% to $87.4 million in 2023, then retreated by 19.74% to $70.2 million in 2024, then jumped by 321.13% to $295.4 million in 2025, then tumbled by 90.46% to $28.2 million in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $28.2 million, $425.9 million, and $295.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn |
| 10 | Fortis | 7.98 Bn | 9.27 Bn | 1.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.19 Mn |
| Mar 31, 2026 | 425.86 Mn |
| Dec 31, 2025 | 295.44 Mn |
| Sep 30, 2025 | 199.00 Mn |
| Jun 30, 2025 | 261.98 Mn |
| Mar 31, 2025 | 101.75 Mn |
| Dec 31, 2024 | 70.15 Mn |
| Sep 30, 2024 | 166.00 Mn |
| Jun 30, 2024 | 49.72 Mn |
| Mar 31, 2024 | 93.51 Mn |
| Dec 31, 2023 | 87.41 Mn |
| Sep 30, 2023 | -175.00 Mn |
| Jun 30, 2023 | 59.56 Mn |
| Mar 31, 2023 | 177.00 Mn |
| Dec 31, 2022 | 186.39 Mn |
| Sep 30, 2022 | 177.89 Mn |
| Jun 30, 2022 | 323.93 Mn |
| Mar 31, 2022 | 17.00 Mn |
| Dec 31, 2021 | 195.95 Mn |
| Sep 30, 2021 | 49.00 Mn |