Fortis (FTS) Equity Ratio (2015 - 2025)

Fortis (FTS) reported Equity Ratio of 0.32 for Q4 2025, down 9.56% on a YoY basis from 0.35 in Q4 2024, and down 9.56% quarter-over-quarter from 0.35 in Q4 2024.

Fortis (FTS) Equity Ratio (2015 - 2025) Analysis & Trends

Fortis has reported Equity Ratio for 11 years, with the latest figure at 0.32 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio fell 9.56% year-over-year to 0.32; the trailing twelve-month figure through Dec 2025 stood at 0.32 (down 9.56% YoY), and the FY2025 full-year result was 0.32, down 9.56% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.32, down from 0.35 in the prior quarter.
  • The five-year high for Equity Ratio was 0.35 in Q4 2023, with the low at 0.32 in Q4 2025.
  • Historically, Equity Ratio has averaged 0.34 across 5 years, with a median of 0.33 in 2021.
  • Annual changes were most pronounced in 2023 — Equity Ratio grew 8.14% — and 2025, when it dropped 9.56%.
  • Fortis' Equity Ratio stood at 0.33 in 2021, then dropped by 2.16% to 0.33 in 2022, then gained by 8.14% to 0.35 in 2023, then decreased by 0.6% to 0.35 in 2024, then declined by 9.56% to 0.32 in 2025.
  • The last three Equity Ratio figures came in at 0.32 (Q4 2025), 0.35 (Q4 2024), and 0.35 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn -
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 0.28
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 0.28
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 0.27
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 0.27
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 0.19
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 0.20
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 0.25
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 0.23
10 Alliant Energy 18.75 Bn 18.19 Bn 854.00 Mn 0.29

Historic Data

Download Data
DateValue
Dec 31, 2025 0.32
Dec 31, 2024 0.35
Dec 31, 2023 0.35
Dec 31, 2022 0.33
Dec 31, 2021 0.33
Dec 31, 2020 0.37
Dec 31, 2019 0.35
Dec 31, 2018 0.31
Dec 31, 2017 0.31
Dec 31, 2016 0.34
Jun 30, 2016 0.00
Dec 31, 2015 0.36