Fortis (FTS) Notes Payables (2015 - 2026)

Fortis (FTS) posted Notes Payables of $425.9 million for Q1 2026, up 44.14% on a QoQ basis from $295.4 million in Q4 2025, and up 318.53% year-over-year from $101.7 million in Q1 2025.

Fortis (FTS) Notes Payables (2015 - 2026) Analysis & Trends

Fortis' Notes Payables history runs 12 years deep, the most recent figure standing at $425.9 million for Q1 2026.

  • Quarterly Notes Payables rose 318.53% year-over-year to $425.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $425.9 million (up 318.53% YoY) and the FY2025 annual result came in at $295.4 million, up 321.13% from the prior year.
  • Notes Payables was $425.9 million for Q1 2026 at Fortis, up from $295.4 million in the prior quarter.
  • Across five years, Notes Payables topped out at $425.9 million in Q1 2026 and bottomed at $49.7 million in Q2 2024.
  • A 5-year average of $176.2 million and a median of $177.9 million in 2022 frame the typical range for Notes Payables.
  • Annual changes were most pronounced in 2023 — Notes Payables slumped 81.61% — and 2025, when it surged 426.94%.
  • Fortis' Notes Payables stood at $186.4 million in 2022, then plunged by 53.1% to $87.4 million in 2023, then retreated by 19.74% to $70.2 million in 2024, then jumped by 321.13% to $295.4 million in 2025, then surged by 44.14% to $425.9 million in 2026.
  • Business Quant data shows FTS's Notes Payables at $425.9 million in Q1 2026, $295.4 million in Q4 2025, and $213.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fortis 459,938.01 Bn 459,937.75 Bn 1.70 Bn
2 Dominion Energy 61.76 Bn 61.41 Bn -
3 Xcel Energy 50.23 Bn 48.47 Bn 4.02 Bn
4 Wec Energy 37.08 Bn 37.04 Bn 2.04 Bn
5 Energy Co Of Parana 34.30 Bn 33.65 Bn -
6 Ameren 30.94 Bn 30.93 Bn -
7 Edison International 30.22 Bn 30.06 Bn -
8 Firstenergy 28.48 Bn 28.40 Bn 2.74 Bn
9 Hydro One 25.14 Bn 25.13 Bn -
10 Cms Energy 22.68 Bn 22.59 Bn 2.28 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 425.86 Mn
Dec 31, 2025 295.44 Mn
Sep 30, 2025 213.63 Mn
Jun 30, 2025 261.98 Mn
Mar 31, 2025 101.75 Mn
Dec 31, 2024 70.15 Mn
Sep 30, 2024 71.11 Mn
Jun 30, 2024 49.72 Mn
Mar 31, 2024 93.51 Mn
Dec 31, 2023 87.41 Mn
Sep 30, 2023 58.18 Mn
Jun 30, 2023 59.56 Mn
Mar 31, 2023 267.03 Mn
Dec 31, 2022 186.39 Mn
Sep 30, 2022 177.89 Mn
Jun 30, 2022 323.93 Mn
Mar 31, 2022 252.63 Mn
Dec 31, 2021 195.95 Mn
Sep 30, 2021 193.84 Mn
Jun 30, 2021 218.84 Mn