Fortis
FTS Utilities Utilities Regulated Electric
Fortis' revenue for fiscal 2025 (year ended December 2025) was $8.7 billion, up 3.71% from fiscal 2024.
- Revenue
- +4.39%
- EPS
- +28.7%
- Free cash flow
- −10.2%
- Total debt
- +14.0%
Quarter to September 2026, against a year earlier
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Fortis (FTS) Debt to equity
Fortis's debt to equity at the end of the quarter to 30 September 2026 was 1.4×, up 0.0× from fiscal 2025 (1.3×). Over the past ten years it has ranged from 1.1× (fiscal 2019) to 1.4× (fiscal 2016); the current reading is higher than 91% of that period. That is below the Utilities Regulated Electric industry median of 1.5× and above the Utilities sector median of 1.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.3× | 2.83% |
| FY2024 | 1.3× | 1.28% |
| FY2023 | 1.3× | 1.24% |
| FY2022 | 1.3× | 2.47% |
| FY2021 | 1.2× | 1.22% |
| FY2020 | 1.2× | 6.51% |
| FY2019 | 1.1× | (13.55%) |
| FY2018 | 1.3× | 4.23% |
| FY2017 | 1.3× | (7.51%) |
| FY2016 | 1.4× | 17.34% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.4× | 2.09% |
| Jun 2026 | 1.3× | (1.07%) |
| Mar 2026 | 1.3× | (0.12%) |
| Dec 2025 | 1.3× | 7.35% |
| 40 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| FTS Fortis | 1.4× |
| PPL PPL Corporation compare | 1.4× |
| PEG Public Service Enterprise Group Incorporated compare | 1.5× |
| AEE Ameren Corporation compare | 1.5× |
| ES Eversource Energy compare | 1.8× |
| PCG Pacific Gas & Electric Co. compare | 1.9× |
| DTE DTE Energy Company compare | 2.0× |
| FE FirstEnergy Corporation compare | 2.1× |
| CNP CenterPoint Energy, Inc. compare | 2.1× |
| Utilities Regulated Electric industry median | 1.5× |
| Utilities sector median | 1.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
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- Net income
- EPS (diluted)
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- Free cash flow
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- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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