Fortis (FTPSF) Debt Ratio (2015 - 2026)
Fortis (FTPSF) reported Debt Ratio of 0.45 for Q1 2026, down 0.98% on a YoY basis from 0.45 in Q1 2025, and down 0.72% quarter-over-quarter from 0.45 in Q4 2025.
Fortis (FTPSF) Debt Ratio (2015 - 2026) Analysis & Trends
Fortis has reported Debt Ratio for 12 years, with the latest figure at 0.45 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 0.98% year-over-year to 0.45; the trailing twelve-month figure through Mar 2026 stood at 0.45 (down 0.98% YoY), and the FY2025 full-year result was 0.45, up 6.19% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.45, down from 0.45 in the prior quarter.
- The five-year high for Debt Ratio was 0.46 in Q2 2024, with the low at 0.41 in Q4 2023.
- Historically, Debt Ratio has averaged 0.45 across 5 years, with a median of 0.45 in 2024.
- Annual changes were most pronounced in 2023 — Debt Ratio fell 6.16% — and 2025, when it grew 6.19%.
- Fortis' Debt Ratio stood at 0.44 in 2022, then retreated by 6.16% to 0.41 in 2023, then gained by 2.72% to 0.43 in 2024, then gained by 6.19% to 0.45 in 2025, then retreated by 0.72% to 0.45 in 2026.
- The last three Debt Ratio figures came in at 0.45 (Q1 2026), 0.45 (Q4 2025), and 0.45 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 0.45 |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 0.41 |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 0.42 |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 0.41 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 0.40 |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 0.51 |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 0.40 |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 0.47 |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 0.47 |
| 10 | Fortis | - | - | 1.70 Bn | 0.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.45 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.41 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.44 |
| Sep 30, 2022 | 0.44 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.44 |
| Jun 30, 2021 | 0.44 |