Fortis (FTPSF) Payables (2015 - 2026)
Fortis (FTPSF) 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 (FTPSF) 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| Date | Value |
|---|---|
| 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 |