Fortis (FTS) Interest Expenses (2015 - 2026)
Fortis (FTS) posted quarterly Interest Expenses of $279.8 million for Q2 2026, up 5.05% year-over-year from $266.3 million in Q2 2025, and up 3.14% on a QoQ basis from $271.3 million in Q1 2026.
Fortis (FTS) Interest Expenses (2015 - 2026) Analysis & Trends
Fortis has reported Interest Expenses for 12 years, with the latest figure at $279.8 million in Q2 2026.
- Interest Expenses for Q2 2026 came in at $279.8 million, up 5.05% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.1 billion (up 3.5% YoY), and the FY2025 annual result was $1.1 billion, up 5.3% from the prior year.
- Interest Expenses advanced to $279.8 million in Q2 2026, from $271.3 million in the prior quarter.
- Over five years, Interest Expenses peaked at $279.8 million in Q2 2026 and troughed at $186.4 million in Q4 2022.
- A 5-year average of $245.3 million and a median of $251.5 million in 2024 frame the typical range for Interest Expenses.
- The widest annual swing landed in 2022, when Interest Expenses retreated 6.77%; it then soared 32.42% in 2023.
- A 5-year view of Interest Expenses shows it stood at $186.4 million in 2022, then jumped by 32.42% to $246.8 million in 2023, then gained by 6.74% to $263.4 million in 2024, then rose by 0.45% to $264.6 million in 2025, then gained by 5.73% to $279.8 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $279.8 million in Q2 2026, $271.3 million in Q1 2026, and $264.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 555.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 443.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 228.90 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 209.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 279.77 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 514.00 Mn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 337.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 130.85 Mn |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 420.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 279.77 Mn |
| Jun 30, 2026 | 279.77 Mn |
| Mar 31, 2026 | 271.26 Mn |
| Mar 31, 2026 | 271.26 Mn |
| Dec 31, 2025 | 258.15 Mn |
| Dec 31, 2025 | 258.15 Mn |
| Sep 30, 2025 | 268.85 Mn |
| Sep 30, 2025 | 268.85 Mn |
| Jun 30, 2025 | 266.31 Mn |
| Jun 30, 2025 | 266.31 Mn |
| Mar 31, 2025 | 257.86 Mn |
| Mar 31, 2025 | 257.86 Mn |
| Dec 31, 2024 | 231.22 Mn |
| Dec 31, 2024 | 231.22 Mn |
| Sep 30, 2024 | 260.23 Mn |
| Sep 30, 2024 | 260.23 Mn |
| Jun 30, 2024 | 253.71 Mn |
| Jun 30, 2024 | 253.71 Mn |
| Mar 31, 2024 | 249.35 Mn |
| Mar 31, 2024 | 249.35 Mn |