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| Date | Value |
|---|---|
| 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 |