Fortis annual debt-to-assets ratio
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Fortis's debt-to-assets ratio was 0.46 for fiscal 2025.
View full Fortis company overview| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.46 | 0.00 | +1.03% |
| 2024 | 2024-12-31 | 0.46 | 0.00 | +0.69% |
| 2023 | 2023-12-31 | 0.46 | 0.00 | +0.82% |
| 2022 | 2022-12-31 | 0.45 | 0.00 | +0.41% |
| 2021 | 2021-12-31 | 0.45 | 0.00 | +0.43% |
| 2020 | 2020-12-31 | 0.45 | 0.01 | +3.26% |
| 2019 | 2019-12-31 | 0.43 | −0.03 | −7.08% |
| 2018 | 2018-12-31 | 0.47 | 0.01 | +1.26% |
| 2017 | 2017-12-31 | 0.46 | −0.01 | −2.88% |
| 2016 | 2016-12-31 | 0.48 | 0.05 | +12.24% |
| 2015 | 2015-12-31 | 0.42 | — | — |
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.46 | −0.00 | −0.71% |
| Q1 2026 | 2026-03-31 | 0.46 | — | — |
| Q4 2025 | 2025-12-31 | 0.46 | 0.00 | +1.03% |
| Q3 2025 | 2025-09-30 | 0.46 | — | — |
| Q2 2025 | 2025-06-30 | 0.46 | 0.00 | +0.75% |
| Q4 2024 | 2024-12-31 | 0.46 | 0.00 | +0.69% |
| Q2 2024 | 2024-06-30 | 0.46 | 0.00 | +0.13% |
| Q4 2023 | 2023-12-31 | 0.46 | 0.00 | +0.82% |
| Q2 2023 | 2023-06-30 | 0.46 | 0.01 | +2.07% |
| Q4 2022 | 2022-12-31 | 0.45 | 0.00 | +0.41% |
| Q2 2022 | 2022-06-30 | 0.45 | −0.00 | −0.19% |
| Q4 2021 | 2021-12-31 | 0.45 | 0.00 | +0.43% |
| Q2 2021 | 2021-06-30 | 0.45 | 0.01 | +1.61% |
| Q4 2020 | 2020-12-31 | 0.45 | 0.01 | +3.26% |
| Q2 2020 | 2020-06-30 | 0.44 | −0.01 | −2.22% |
| Q4 2019 | 2019-12-31 | 0.43 | −0.03 | −7.08% |
| Q2 2019 | 2019-06-30 | 0.45 | −0.01 | −2.06% |
| Q4 2018 | 2018-12-31 | 0.47 | 0.01 | +1.26% |
| Q2 2018 | 2018-06-30 | 0.46 | −0.00 | −0.40% |
| Q4 2017 | 2017-12-31 | 0.46 | −0.01 | −2.88% |
| Q2 2017 | 2017-06-30 | 0.47 | — | — |
| Q4 2016 | 2016-12-31 | 0.48 | 0.05 | +12.24% |
| Q4 2015 | 2015-12-31 | 0.42 | — | — |
Over the last five fiscal years, Fortis's debt-to-assets ratio increased from 0.45 to 0.46, a change of 0.02. The latest reported quarter, Q2 2026, shows 0.46.
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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