Fortis (FORFF) Payables (2015 - 2026)

Fortis (FORFF) reported Payables of $425.9 million for Q1 2026, up 318.53% on a YoY basis from $101.7 million in Q1 2025, and down 84.83% quarter-over-quarter from $2.8 billion in Q4 2025.

Fortis (FORFF) Payables (2015 - 2026) Analysis & Trends

Fortis has reported Payables for 12 years, with the latest figure at $425.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Payables rose 318.53% year-over-year to $425.9 million; the trailing twelve-month figure through Mar 2026 stood at $425.9 million (up 318.53% YoY), and the FY2025 full-year result was $2.8 billion, up 13.64% from the prior year.
  • Payables for Q1 2026 stood at $425.9 million, down from $2.8 billion in the prior quarter.
  • The five-year high for Payables was $2.8 billion in Q4 2025, with the low at $49.7 million in Q2 2024.
  • Historically, Payables has averaged $736.1 million across 5 years, with a median of $252.6 million in 2022.
  • Annual changes were most pronounced in 2023 — Payables tumbled 81.61% — and 2025, when it surged 426.94%.
  • Fortis' Payables stood at $2.6 billion in 2022, then fell by 12.97% to $2.3 billion in 2023, then climbed by 8.81% to $2.5 billion in 2024, then gained by 13.64% to $2.8 billion in 2025, then plunged by 84.83% to $425.9 million in 2026.
  • The last three Payables figures came in at $425.9 million (Q1 2026), $2.8 billion (Q4 2025), and $213.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 425.86 Mn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 4.27 Bn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn -
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 2.88 Bn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 1.91 Bn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 5.96 Bn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 4.73 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 3.60 Bn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 1.60 Bn
10 Fortis - - 1.70 Bn 425.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 425.86 Mn
Dec 31, 2025 2.81 Bn
Sep 30, 2025 213.63 Mn
Jun 30, 2025 261.98 Mn
Mar 31, 2025 101.75 Mn
Dec 31, 2024 2.47 Bn
Sep 30, 2024 71.11 Mn
Jun 30, 2024 49.72 Mn
Mar 31, 2024 93.51 Mn
Dec 31, 2023 2.27 Bn
Sep 30, 2023 58.18 Mn
Jun 30, 2023 59.56 Mn
Mar 31, 2023 267.03 Mn
Dec 31, 2022 2.61 Bn
Sep 30, 2022 177.89 Mn
Jun 30, 2022 323.93 Mn
Mar 31, 2022 252.63 Mn
Dec 31, 2021 2.23 Bn
Sep 30, 2021 193.84 Mn
Jun 30, 2021 218.84 Mn