Fortis (FRTSF) Interest Coverage Ratio (2015 - 2026)
Fortis (FRTSF) 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 (FRTSF) 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| Date | Value |
|---|---|
| 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 |