Fortis Inc. (FTS) Interest Coverage Ratio (2015 - 2026)
Fortis' (FTS) Interest Coverage Ratio stood at 2.08 in the quarter ended Jun 30, 2026, down 4.2% from 2.17 a year earlier and down 19.1% from the prior quarter.
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Analysis
Fortis Inc. (FTS) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
On a TTM basis, Fortis' Interest Coverage Ratio came in at 2.34 as of Jun 30, 2026, down 0.4% year-over-year; for the year ended Dec 31, 2025, it came in at 2.36, up 0.9% from the prior year.
- Across earlier years, Interest Coverage Ratio came in at 2.34 in the year ended Dec 31, 2024 (-0.9%), 2.36 in the year ended Dec 31, 2023 (-5.0%), 2.49 in the year ended Dec 31, 2022 (+1.0%) and 2.46 in the year ended Dec 31, 2021 (+2.3%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Interest Coverage Ratio since the quarter ended Jun 30, 2023.
- On a year-over-year basis, Interest Coverage Ratio rose in four of the last eight quarters, with an average decline of 0.9%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 38.9% in the quarter ended Sep 30, 2022, against a decline of 21.1% in the quarter ended Sep 30, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.57 (quarter ended Mar 31, 2026), 2.35 (quarter ended Dec 31, 2025) and 2.35 (quarter ended Sep 30, 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.08 |
| Mar 31, 2026 | 2.57 |
| Dec 31, 2025 | 2.35 |
| Sep 30, 2025 | 2.35 |
| Jun 30, 2025 | 2.17 |
| Mar 31, 2025 | 2.58 |
| Dec 31, 2024 | 2.35 |
| Sep 30, 2024 | 2.29 |
| Jun 30, 2024 | 2.13 |
| Mar 31, 2024 | 2.61 |
| Dec 31, 2023 | 2.32 |
| Sep 30, 2023 | 2.48 |
| Jun 30, 2023 | 2.02 |
| Mar 31, 2023 | 2.63 |
| Dec 31, 2022 | 2.53 |
| Sep 30, 2022 | 2.49 |
| Jun 30, 2022 | 2.31 |
| Mar 31, 2022 | 2.62 |
| Dec 31, 2021 | 2.56 |
| Sep 30, 2021 | 2.45 |
API Access
Fortis Inc. Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();