Fortis (FTS) Long-Term Debt Issuances (2015 - 2026)
Fortis' Long-Term Debt Issuances came in at $3.3 billion for Q3 2026, up 96.6% from $1.68 billion a year earlier and up 245.8% from the prior quarter.
Powered by 
Analysis
Fortis (FTS) Long-Term Debt Issuances (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Fortis reported Long-Term Debt Issuances of $4.31 billion, up 136.4% year-over-year; for FY2025, it came in at $1.92 billion, down 15.7% from FY2024.
- Long-Term Debt Issuances carries a five-year compound annual growth rate of -5.8% (FY2020 to FY2025).
- Going back by year, Long-Term Debt Issuances was $2.28 billion in FY2024 (+9.6%), $2.08 billion in FY2023 (-11.7%), $2.36 billion in FY2022 (+123.3%) and $1.06 billion in FY2021 (-59.2%).
- The Q3 2026 figure represents the highest quarterly Long-Term Debt Issuances in data going back to Q2 2015.
- Year-over-year, Long-Term Debt Issuances increased in two of the last five quarters, with growth averaging 31.2%.
- The fastest year-over-year change in Long-Term Debt Issuances over five years came in Q1 2022 (growth of 781.2%), and the weakest in Q2 2025 (a decline of 91.2%).
- Business Quant data shows FTS's Long-Term Debt Issuances at $954.26 million (Q2 2026), $597.95 million (Q1 2026) and -$540.68 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.60 Bn | 168.35 Bn | - | 2.67 Bn |
| 2 | Southern | 104.77 Bn | 95.83 Bn | 5.92 Bn | 1.34 Bn |
| 3 | Duke Energy | 99.63 Bn | 95.89 Bn | 5.66 Bn | 3.20 Bn |
| 4 | National Grid | 82.14 Bn | 54.44 Bn | - | - |
| 5 | American Electric Power | 68.86 Bn | 66.65 Bn | 4.75 Bn | 1.98 Bn |
| 6 | Dominion Energy | 60.31 Bn | 58.30 Bn | - | 2.33 Bn |
| 7 | Entergy | 51.91 Bn | 38.35 Bn | - | 3.03 Bn |
| 8 | Sempra | 51.13 Bn | 50.25 Bn | 2.89 Bn | 4.75 Bn |
| 9 | Xcel Energy | 50.13 Bn | 43.61 Bn | - | 789.00 Mn |
| 10 | Fortis | 30.26 Bn | 28.13 Bn | 1.64 Bn | 3.30 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.30 Bn |
| Jun 30, 2026 | 954.26 Mn |
| Mar 31, 2026 | 597.95 Mn |
| Dec 31, 2025 | -540.68 Mn |
| Sep 30, 2025 | 1.68 Bn |
| Jun 30, 2025 | 69.28 Mn |
| Mar 31, 2025 | 721.31 Mn |
| Dec 31, 2024 | -645.70 Mn |
| Sep 30, 2024 | 1.91 Bn |
| Jun 30, 2024 | 783.05 Mn |
| Mar 31, 2024 | 257.51 Mn |
| Dec 31, 2023 | -867.49 Mn |
| Sep 30, 2023 | 1.57 Bn |
| Jun 30, 2023 | 928.33 Mn |
| Mar 31, 2023 | 468.97 Mn |
| Dec 31, 2022 | -853.84 Mn |
| Sep 30, 2022 | 1.98 Bn |
| Jun 30, 2022 | 640.02 Mn |
| Mar 31, 2022 | 654.48 Mn |
| Dec 31, 2021 | -809.20 Mn |
API Access
Fortis Long-Term Debt Issuances 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=long-term-debt-issuances&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "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=long-term-debt-issuances&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();