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

Fortis (FRTJF) reported Interest Coverage Ratio of 2.57 for Q1 2026, little changed on a YoY basis from 2.58 in Q1 2025, and up 9.14% quarter-over-quarter from 2.35 in Q4 2025.

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

Fortis has reported Interest Coverage Ratio for 12 years, with the latest figure at 2.57 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio changed 0.33% year-over-year to 2.57; the trailing twelve-month figure through Mar 2026 stood at 2.36 (up 1.06% YoY), and the FY2025 full-year result was 2.36, up 0.91% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 2.57, up from 2.35 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 2.63 in Q1 2023, with the low at 2.02 in Q2 2023.
  • Historically, Interest Coverage Ratio has averaged 2.4 across 5 years, with a median of 2.35 in 2025.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio grew 5.67% — and 2023, when it slipped 12.28%.
  • Fortis' Interest Coverage Ratio stood at 2.53 in 2022, then retreated by 8.25% to 2.32 in 2023, then climbed by 1.27% to 2.35 in 2024, then rose by 0.19% to 2.35 in 2025, then advanced by 9.14% to 2.57 in 2026.
  • The last three Interest Coverage Ratio figures came in at 2.57 (Q1 2026), 2.35 (Q4 2025), and 2.35 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 2.57
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 2.48
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 1.83
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 4.29
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 2.61
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -0.39
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 11.19
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 2.54
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 2.41
10 Fortis - - 1.70 Bn 2.57

Historic Data

Download Data
DateValue
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 2.45
Jun 30, 2021 2.18