Fortis FTS
NYSE FTS
$54.90 -1.34 (-2.38%)
At close: Aug 21, 2026 · 4:00 PM EDT

Fortis (FTS) Interest Coverage Ratio (2015 - 2026)

Fortis (FTS) posted quarterly Interest Coverage Ratio of 2.47 for Q2 2026, down 4.45% year-over-year from 2.58 in Q2 2025, and down 38.27% on a QoQ basis from 4.0 in Q1 2026.

Fortis (FTS) Interest Coverage Ratio (2015 - 2026) Analysis & Trends

Fortis has reported Interest Coverage Ratio for 12 years, with the latest figure at 2.47 in Q2 2026.

  • Interest Coverage Ratio for Q2 2026 came in at 2.47, down 4.45% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.11 (down 65.37% YoY), and the FY2025 annual result was 2.36, up 0.91% from the prior year.
  • Interest Coverage Ratio retreated to 2.47 in Q2 2026, from 4.0 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 4.2 in Q1 2022 and troughed at 17.57 in Q4 2022.
  • A 5-year average of 0.2 and a median of 3.11 in 2024 frame the typical range for Interest Coverage Ratio.
  • The widest annual swing landed in 2022, when Interest Coverage Ratio plunged 436.66%; it then advanced 26.97% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 17.57 in 2022, then rose by 26.97% to 12.83 in 2023, then gained by 19.26% to 10.36 in 2024, then decreased by 5.9% to 10.97 in 2025, then jumped by 122.49% to 2.47 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.47 in Q2 2026, 4.0 in Q1 2026, and 10.97 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 National Grid 78.91 Bn 75.10 Bn - -
2 Dominion Energy 58.65 Bn 57.86 Bn 3.50 Bn 0.59
3 Xcel Energy 47.76 Bn 45.75 Bn 3.12 Bn 1.59
4 Wec Energy 34.66 Bn 34.61 Bn 1.45 Bn 1.89
5 Ameren 29.39 Bn 29.38 Bn - 2.20
6 Fortis 28.02 Bn 28.02 Bn 1.60 Bn 2.47
7 Edison International 27.49 Bn 27.25 Bn 3.29 Bn 2.12
8 Firstenergy 26.59 Bn 26.40 Bn 2.51 Bn 2.01
9 Hydro One 24.05 Bn 23.66 Bn - 3.45
10 Cms Energy 21.23 Bn 20.99 Bn 3.65 Bn 1.80

Historic Data

Download Data
DateValue
Jun 30, 2026 2.47
Mar 31, 2026 4.00
Dec 31, 2025 -11.24
Sep 30, 2025 3.75
Jun 30, 2025 2.58
Mar 31, 2025 3.97
Dec 31, 2024 -11.80
Sep 30, 2024 3.65
Jun 30, 2024 2.52
Mar 31, 2024 4.00
Dec 31, 2023 -12.83
Sep 30, 2023 3.82
Jun 30, 2023 2.57
Mar 31, 2023 4.02
Dec 31, 2022 -14.92
Sep 30, 2022 4.00
Jun 30, 2022 2.54
Mar 31, 2022 4.20
Dec 31, 2021 -3.27
Sep 30, 2021 4.01