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 | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |