Fortis (FTRSF) Debt to Equity (2015 - 2025)
Fortis (FTRSF) reported Debt to Equity of $1.42 for Q4 2025, up 17.41% on a YoY basis from $1.21 in Q4 2024, and up 17.41% quarter-over-quarter from $1.21 in Q4 2024.
Fortis (FTRSF) Debt to Equity (2015 - 2025) Analysis & Trends
Fortis has reported Debt to Equity for 11 years, with the latest figure at $1.42 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity rose 17.41% year-over-year to $1.42; the trailing twelve-month figure through Dec 2025 stood at $1.42 (up 17.41% YoY), and the FY2025 full-year result was $1.42, up 17.41% from the prior year.
- Debt to Equity for Q4 2025 stood at $1.42, up from $1.21 in the prior quarter.
- The five-year high for Debt to Equity was $1.42 in Q4 2025, with the low at $1.17 in Q4 2023.
- Historically, Debt to Equity has averaged $1.29 across 5 years, with a median of $1.31 in 2021.
- Annual changes were most pronounced in 2023 — Debt to Equity dropped 13.22% — and 2025, when it rose 17.41%.
- Fortis' Debt to Equity stood at $1.31 in 2021, then climbed by 2.86% to $1.35 in 2022, then retreated by 13.22% to $1.17 in 2023, then grew by 3.34% to $1.21 in 2024, then rose by 17.41% to $1.42 in 2025.
- The last three Debt to Equity figures came in at $1.42 (Q4 2025), $1.21 (Q4 2024), and $1.17 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | - |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 1.44 |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 1.51 |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 1.52 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 1.49 |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 2.63 |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 1.97 |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 1.90 |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 1.99 |
| 10 | Fortis | - | - | 1.70 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.42 |
| Dec 31, 2024 | 1.21 |
| Dec 31, 2023 | 1.17 |
| Dec 31, 2022 | 1.35 |
| Dec 31, 2021 | 1.31 |
| Dec 31, 2020 | 1.20 |
| Dec 31, 2019 | 1.20 |
| Dec 31, 2018 | 1.46 |
| Dec 31, 2017 | 1.43 |
| Dec 31, 2016 | 1.28 |
| Jun 30, 2016 | 186.44 |
| Dec 31, 2015 | 1.08 |