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
DateValue
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