Fortis (FTS) Non-Current Debt (2014 - 2026)
Fortis (FTS) posted quarterly Non-Current Debt of $23.5 billion for Q2 2026, up 6.11% year-over-year from $22.2 billion in Q2 2025, and up 4.83% on a QoQ basis from $22.4 billion in Q1 2026.
Fortis (FTS) Non-Current Debt (2014 - 2026) Analysis & Trends
Fortis has reported Non-Current Debt for 13 years, with the latest figure at $23.5 billion in Q2 2026.
- Non-Current Debt for Q2 2026 came in at $23.5 billion, up 6.11% year-over-year; the trailing twelve-month figure through Jun 2026 was $23.5 billion (up 6.11% YoY), and the FY2025 annual result was $22.0 billion, down 1.43% from the prior year.
- Non-Current Debt rose to $23.5 billion in Q2 2026, from $22.4 billion in the prior quarter.
- Over five years, Non-Current Debt peaked at $23.5 billion in Q2 2026 and troughed at $19.0 billion in Q1 2022.
- A 5-year average of $21.0 billion and a median of $20.6 billion in 2024 frame the typical range for Non-Current Debt.
- The widest annual swing landed in 2024, when Non-Current Debt rose 11.73%; it then declined 1.43% in 2025.
- A 5-year view of Non-Current Debt shows it stood at $19.1 billion in 2022, then rose by 4.72% to $20.0 billion in 2023, then rose by 11.73% to $22.4 billion in 2024, then slipped by 1.43% to $22.0 billion in 2025, then increased by 6.8% to $23.5 billion in 2026.
- Per Business Quant data, the three most recent Non-Current Debt figures were $23.5 billion in Q2 2026, $22.4 billion in Q1 2026, and $22.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.25 Bn | 75.44 Bn | - | 57.78 Bn |
| 2 | Dominion Energy | 59.16 Bn | 58.37 Bn | 3.50 Bn | 46.72 Bn |
| 3 | Xcel Energy | 48.12 Bn | 46.11 Bn | 3.12 Bn | 36.95 Bn |
| 4 | Wec Energy | 34.96 Bn | 34.91 Bn | 1.45 Bn | 19.22 Bn |
| 5 | Ameren | 29.65 Bn | 29.64 Bn | - | 19.06 Bn |
| 6 | Fortis | 28.33 Bn | 28.33 Bn | 1.60 Bn | 23.53 Bn |
| 7 | Edison International | 27.66 Bn | 27.42 Bn | 3.29 Bn | 40.88 Bn |
| 8 | Firstenergy | 26.71 Bn | 26.52 Bn | 2.51 Bn | 27.10 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 14.10 Bn |
| 10 | Cms Energy | 21.44 Bn | 21.20 Bn | 3.65 Bn | 18.17 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.53 Bn |
| Mar 31, 2026 | 22.44 Bn |
| Dec 31, 2025 | 22.03 Bn |
| Sep 30, 2025 | 23.32 Bn |
| Jun 30, 2025 | 22.17 Bn |
| Mar 31, 2025 | 22.69 Bn |
| Dec 31, 2024 | 22.35 Bn |
| Sep 30, 2024 | 21.78 Bn |
| Jun 30, 2024 | 20.96 Bn |
| Mar 31, 2024 | 20.31 Bn |
| Dec 31, 2023 | 20.01 Bn |
| Sep 30, 2023 | 20.27 Bn |
| Jun 30, 2023 | 19.96 Bn |
| Mar 31, 2023 | 19.58 Bn |
| Dec 31, 2022 | 19.10 Bn |
| Sep 30, 2022 | 19.88 Bn |
| Jun 30, 2022 | 19.26 Bn |
| Mar 31, 2022 | 18.99 Bn |
| Dec 31, 2021 | 18.81 Bn |
| Sep 30, 2021 | 19.37 Bn |