Fortis (FTS) Notes Payables (2015 - 2026)
Fortis (FTS) posted quarterly Notes Payables of $28.2 million for Q2 2026, down 89.24% year-over-year from $262.0 million in Q2 2025, and down 93.38% on a QoQ basis from $425.9 million in Q1 2026.
Fortis (FTS) Notes Payables (2015 - 2026) Analysis & Trends
Fortis has reported Notes Payables for 12 years, with the latest figure at $28.2 million in Q2 2026.
- Notes Payables for Q2 2026 came in at $28.2 million, down 89.24% year-over-year; the trailing twelve-month figure through Jun 2026 was $28.2 million (down 89.24% YoY), and the FY2025 annual result was $295.4 million, up 321.13% from the prior year.
- Notes Payables fell to $28.2 million in Q2 2026, from $425.9 million in the prior quarter.
- Over five years, Notes Payables peaked at $425.9 million in Q1 2026 and troughed at $28.2 million in Q2 2026.
- A 5-year average of $168.0 million and a median of $139.8 million in 2022 frame the typical range for Notes Payables.
- The widest annual swing landed in 2025, when Notes Payables surged 426.94%; it then slumped 89.24% in 2026.
- A 5-year view of Notes Payables shows it stood at $186.4 million in 2022, then plunged by 53.1% to $87.4 million in 2023, then declined by 19.74% to $70.2 million in 2024, then surged by 321.13% to $295.4 million in 2025, then tumbled by 90.46% to $28.2 million in 2026.
- Per Business Quant data, the three most recent Notes Payables figures were $28.2 million in Q2 2026, $425.9 million in Q1 2026, and $295.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.19 Mn |
| 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 |