Fortis (FTRSF) Notes Payables (2015 - 2026)
Fortis (FTRSF) reported Notes Payables of $425.9 million for Q1 2026, up 318.53% on a YoY basis from $101.7 million in Q1 2025, and up 44.14% quarter-over-quarter from $295.4 million in Q4 2025.
Fortis (FTRSF) Notes Payables (2015 - 2026) Analysis & Trends
Fortis has reported Notes Payables for 12 years, with the latest figure at $425.9 million in Q1 2026.
- For the quarter ending Q1 2026, Notes 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 $295.4 million, up 321.13% from the prior year.
- Notes Payables for Q1 2026 stood at $425.9 million, up from $295.4 million in the prior quarter.
- The five-year high for Notes Payables was $425.9 million in Q1 2026, with the low at $49.7 million in Q2 2024.
- Historically, Notes Payables has averaged $176.2 million across 5 years, with a median of $177.9 million in 2022.
- Annual changes were most pronounced in 2023 — Notes Payables tumbled 81.61% — and 2025, when it surged 426.94%.
- Fortis' Notes Payables stood at $186.4 million in 2022, then slumped by 53.1% to $87.4 million in 2023, then declined by 19.74% to $70.2 million in 2024, then surged by 321.13% to $295.4 million in 2025, then soared by 44.14% to $425.9 million in 2026.
- The last three Notes Payables figures came in at $425.9 million (Q1 2026), $295.4 million (Q4 2025), and $213.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 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 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn |
| 10 | Fortis | - | - | 1.70 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 425.86 Mn |
| Dec 31, 2025 | 295.44 Mn |
| Sep 30, 2025 | 213.63 Mn |
| Jun 30, 2025 | 261.98 Mn |
| Mar 31, 2025 | 101.75 Mn |
| Dec 31, 2024 | 70.15 Mn |
| Sep 30, 2024 | 71.11 Mn |
| Jun 30, 2024 | 49.72 Mn |
| Mar 31, 2024 | 93.51 Mn |
| Dec 31, 2023 | 87.41 Mn |
| Sep 30, 2023 | 58.18 Mn |
| Jun 30, 2023 | 59.56 Mn |
| Mar 31, 2023 | 267.03 Mn |
| Dec 31, 2022 | 186.39 Mn |
| Sep 30, 2022 | 177.89 Mn |
| Jun 30, 2022 | 323.93 Mn |
| Mar 31, 2022 | 252.63 Mn |
| Dec 31, 2021 | 195.95 Mn |
| Sep 30, 2021 | 193.84 Mn |
| Jun 30, 2021 | 218.84 Mn |