Fortis (FTS) Interest Expenses (2015 - 2026)

Fortis (FTS) posted Interest Expenses of $271.3 million for Q1 2026, up 5.08% on a QoQ basis from $258.2 million in Q4 2025, and up 5.2% year-over-year from $257.9 million in Q1 2025.

Fortis (FTS) Interest Expenses (2015 - 2026) Analysis & Trends

Fortis' Interest Expenses history runs 12 years deep, the most recent figure standing at $271.3 million for Q1 2026.

  • Quarterly Interest Expenses rose 5.2% year-over-year to $271.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 2.84% YoY) and the FY2025 annual result came in at $1.1 billion, up 5.3% from the prior year.
  • Interest Expenses was $271.3 million for Q1 2026 at Fortis, up from $258.2 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $271.3 million in Q1 2026 and bottomed at $203.7 million in Q1 2022.
  • A 5-year average of $244.9 million and a median of $249.4 million in 2024 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2023 — Interest Expenses climbed 15.25% — and 2025, when it declined 2.0%.
  • Fortis' Interest Expenses stood at $219.5 million in 2022, then advanced by 12.42% to $246.8 million in 2023, then climbed by 6.74% to $263.4 million in 2024, then slipped by 2.0% to $258.2 million in 2025, then gained by 5.08% to $271.3 million in 2026.
  • Business Quant data shows FTS's Interest Expenses at $271.3 million in Q1 2026, $258.2 million in Q4 2025, and $268.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 271.26 Mn
2 Dominion Energy 62.80 Bn 67.01 Bn - 561.00 Mn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 412.00 Mn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 228.50 Mn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 204.00 Mn
7 Edison International 30.65 Bn 30.49 Bn - 418.00 Mn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 326.00 Mn
9 Hydro One 25.14 Bn 25.13 Bn - -
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 203.00 Mn

Historic Data

Download Data
DateValue
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 263.43 Mn
Dec 31, 2024 263.43 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
Dec 31, 2023 246.80 Mn
Dec 31, 2023 246.80 Mn