Fortis (FTS) Non-Current Debt (2015 - 2026)
Fortis (FTS) reported Non-Current Debt of $22.4 billion for Q1 2026, down 1.07% on a YoY basis from $22.7 billion in Q1 2025, and up 1.88% quarter-over-quarter from $22.0 billion in Q4 2025.
Fortis (FTS) Non-Current Debt (2015 - 2026) Analysis & Trends
Fortis has reported Non-Current Debt for 12 years, with the latest figure at $22.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Debt fell 1.07% year-over-year to $22.4 billion; the trailing twelve-month figure through Mar 2026 stood at $22.4 billion (down 1.07% YoY), and the FY2025 full-year result was $22.0 billion, down 1.43% from the prior year.
- Non-Current Debt for Q1 2026 stood at $22.4 billion, up from $22.0 billion in the prior quarter.
- The five-year high for Non-Current Debt was $23.3 billion in Q3 2025, with the low at $19.0 billion in Q1 2022.
- Historically, Non-Current Debt has averaged $20.9 billion across 5 years, with a median of $20.3 billion in 2024.
- Annual changes were most pronounced in 2024 — Non-Current Debt climbed 11.73% — and 2025, when it decreased 1.43%.
- Fortis' Non-Current Debt 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 rose by 1.88% to $22.4 billion in 2026.
- The last three Non-Current Debt figures came in at $22.4 billion (Q1 2026), $22.0 billion (Q4 2025), and $23.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 22.44 Bn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 45.11 Bn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 34.55 Bn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 19.38 Bn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 19.00 Bn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 58.09 Bn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 36.07 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 26.33 Bn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 17.46 Bn |
| 10 | Alliant Energy | 18.75 Bn | 18.19 Bn | 854.00 Mn | 10.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.44 Bn |
| Mar 31, 2026 | 22.44 Bn |
| Dec 31, 2025 | 22.03 Bn |
| Dec 31, 2025 | 22.03 Bn |
| Sep 30, 2025 | 23.32 Bn |
| Sep 30, 2025 | 23.32 Bn |
| Jun 30, 2025 | 22.17 Bn |
| Jun 30, 2025 | 22.17 Bn |
| Mar 31, 2025 | 22.69 Bn |
| Mar 31, 2025 | 22.69 Bn |
| Dec 31, 2024 | 22.35 Bn |
| Dec 31, 2024 | 22.35 Bn |
| Sep 30, 2024 | 21.78 Bn |
| Sep 30, 2024 | 21.78 Bn |
| Jun 30, 2024 | 20.96 Bn |
| Jun 30, 2024 | 20.96 Bn |
| Mar 31, 2024 | 20.31 Bn |
| Mar 31, 2024 | 20.31 Bn |
| Dec 31, 2023 | 20.01 Bn |
| Dec 31, 2023 | 20.01 Bn |