Fortis Inc. (FTS) quarterly balance sheet — complete assets, liabilities & equity history
Fortis Inc. (FTS) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Assets | 78.76B | 76.91B | 74.83B | 74.5B | 72.79B | 74.72B | 73.49B | 69.64B | 68.77B | 67.58B | 65.92B | 66.28B | 64.08B | 64.63B | 64.25B | 64.08B | 59.95B | 58.2B | 57.66B | 57.14B |
| Asset Growth % | 8.21% | 2.94% | 1.83% | 6.98% | 5.84% | 10.56% | 11.48% | 5.06% | 7.32% | 4.57% | 2.6% | 3.43% | 6.88% | 11.04% | 11.43% | 12.16% | 7.26% | 4.65% | 3.93% | 1.29% |
| PP&E (Net) | 53.86B | 52.34B | 50.89B | 50.56B | 49.51B | 50.24B | 49.52B | 46.33B | 45.64B | 44.62B | 43.44B | 43.22B | 41.78B | 42.19B | 41.71B | 41.55B | 39.11B | 37.99B | 37.86B | 37.24B |
| PP&E / Total Assets % | 68.39% | 68.06% | 68% | 67.87% | 68.01% | 67.24% | 67.39% | 66.53% | 66.36% | 66.03% | 65.89% | 65.2% | 65.19% | 65.29% | 64.91% | 64.84% | 65.24% | 65.27% | 65.65% | 65.18% |
| Total Current Assets | 4.19B | 4.12B | 3.81B | 3.66B | 3.57B | 4.12B | 3.8B | 4.21B | 3.92B | 3.99B | 4.03B | 4.52B | 4.26B | 4.16B | 4.27B | 3.83B | 3.18B | 3.08B | 2.73B | 2.92B |
| Cash & Equivalents | 384M | 359.93M | 367M | 389M | 221M | 510M | 220M | 896M | 561M | 569M | 625M | 765M | 690M | 576M | 209M | 395M | 338M | 365M | 131M | 225M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 681M | 644.66M | 649M | 655M | 679M | 680M | 685M | 607M | 596M | 547M | 566M | 588M | 534M | 569M | 661M | 690M | 533M | 408M | 478M | 530M |
| Other Current Assets | 1.02B | 1.09B | 915M | 752M | 757M | 837M | 1.04B | 787M | 780M | 811M | 1.06B | 1.31B | 1.29B | 995M | 1.49B | 739M | 559M | 500M | 734M | 568M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 484M | 0 | 0 | 0 | 417M | 0 | 0 | 0 | 316M | 0 | 0 | 0 | 178M | 0 |
| Goodwill | 12.91B | 12.71B | 12.53B | 12.69B | 12.48B | 13.12B | 13.11B | 12.42B | 12.54B | 12.43B | 12.18B | 12.46B | 12.18B | 12.43B | 12.46B | 12.69B | 11.91B | 11.61B | 11.72B | 11.76B |
| Intangible Assets | 1.79B | 1.75B | 1.72B | 1.71B | 1.64B | 1.68B | 1.66B | 1.55B | 1.55B | 1.54B | 1.51B | 1.51B | 1.49B | 1.51B | 1.55B | 1.48B | 1.39B | 1.34B | 1.34B | 1.3B |
| Other Assets | 6.02B | 5.99B | 5.89B | 5.89B | 5.6B | 5.56B | 4.91B | 5.13B | 5.13B | 5.01B | 4.35B | 4.57B | 4.37B | 4.33B | 3.95B | 4.54B | 4.35B | 4.18B | 3.83B | 3.92B |
| Total Liabilities | 51.3B | 50.36B | 48.96B | 48.25B | 47.2B | 48.52B | 47.63B | 45.25B | 44.12B | 43.57B | 42.59B | 42.74B | 40.9B | 41.55B | 41.41B | 41.13B | 38.09B | 37.21B | 36.74B | 36.37B |
| Total Debt | 36.33B | 35.5B | 34.67B | 34.42B | 33.81B | 34.41B | 33.7B | 32.02B | 31.71B | 30.95B | 30.03B | 30.36B | 29.51B | 29.53B | 29.04B | 29.07B | 27.05B | 26.25B | 25.95B | 25.59B |
| Net Debt | 35.94B | 35.14B | 34.31B | 34.03B | 33.59B | 33.9B | 33.48B | 31.12B | 31.15B | 30.38B | 29.4B | 29.6B | 28.82B | 28.96B | 28.83B | 28.68B | 26.71B | 25.88B | 25.82B | 25.37B |
| Long-Term Debt | 32.55B | 30.86B | 30.72B | 32.09B | 30.72B | 32.55B | 31.22B | 29.71B | 28.67B | 27.36B | 27.23B | 27.17B | 26.81B | 26.47B | 25.93B | 25.93B | 24.56B | 24.05B | 23.71B | 24.38B |
| Short-Term Borrowings | 3.43B | 4.29B | 3.56B | 1.98B | 2.75B | 1.5B | 2.09B | 1.96B | 2.7B | 3.24B | 2.42B | 2.85B | 2.36B | 2.72B | 2.73B | 2.8B | 2.16B | 1.85B | 1.88B | 874M |
| Capital Lease Obligations | 346M | 356.92M | 392M | 349M | 341M | 351M | 390M | 347M | 338M | 347M | 378M | 342M | 335M | 344M | 370M | 341M | 333M | 340M | 365M | 338M |
| Total Current Liabilities | 7.45B | 8.48B | 7.51B | 5.51B | 6.16B | 5.43B | 6.04B | 5.73B | 5.68B | 6.61B | 5.96B | 6.37B | 5.41B | 6.15B | 6.62B | 6.14B | 4.99B | 4.85B | 4.8B | 3.81B |
| Accounts Payable | 3.55B | 3.77B | 3.5B | 2.99B | 2.91B | 3.38B | 1.12B | 3.1B | 2.38B | 2.79B | 990M | 2.88B | 2.43B | 2.96B | 886M | 2.83B | 2.35B | 2.55B | 774M | 2.46B |
| Accrued Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 305M | 0 | 0 | 0 | 274M | 0 | 0 | 0 | 1.35B | 0 | 0 | 0 | 1.03B | 0 |
| Deferred Revenue | 0 | 0 | 118M | 0 | 0 | 0 | 360M | 347M | 0 | 0 | 263M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 469M | 419.08M | 452M | 537M | 502M | 554M | 1.02B | 666M | 607M | 577M | 952M | 641M | 618M | 469M | 1.65B | 509M | 484M | 449M | 1.12B | 471M |
| Deferred Taxes | 5.61B | 5.41B | 5.29B | 5.16B | 4.97B | 5.08B | 5.02B | 4.74B | 4.66B | 4.54B | 4.4B | 4.2B | 4.02B | 4.09B | 0 | 4.01B | 3.81B | 3.66B | 0 | 3.57B |
| Other Liabilities | 5.35B | 5.25B | 4.92B | 5.15B | 5B | 5.1B | 4.83B | 4.38B | 4.77B | 4.71B | 4.44B | 4.66B | 4.33B | 4.5B | 8.49B | 4.71B | 4.41B | 4.3B | 7.87B | 4.27B |
| Total Equity | 27.46B | 26.55B | 25.87B | 26.25B | 25.59B | 26.19B | 25.85B | 24.39B | 24.66B | 24.02B | 23.33B | 23.55B | 23.18B | 23.08B | 22.84B | 22.95B | 21.86B | 20.99B | 20.92B | 20.77B |
| Equity Growth % | 7.31% | 1.38% | 0.06% | 7.63% | 3.8% | 9.07% | 10.8% | 3.6% | 6.39% | 4.04% | 2.15% | 2.59% | 6.02% | 9.95% | 9.21% | 10.52% | 6.52% | 3.18% | 3.12% | 0.07% |
| Shareholders Equity | 25.3B | 24.45B | 23.81B | 24.2B | 23.63B | 24.14B | 23.81B | 22.5B | 22.75B | 22.14B | 21.5B | 21.69B | 21.38B | 21.27B | 21.03B | 21.12B | 20.17B | 19.37B | 19.29B | 19.15B |
| Minority Interest | 2.17B | 2.11B | 2.06B | 2.05B | 1.97B | 2.06B | 2.04B | 1.89B | 1.91B | 1.88B | 1.83B | 1.85B | 1.8B | 1.82B | 1.81B | 1.83B | 1.69B | 1.62B | 1.63B | 1.62B |
| Common Stock | 16.38B | 16.29B | 16.11B | 15.98B | 15.86B | 15.73B | 15.59B | 15.47B | 15.35B | 15.23B | 15.11B | 14.99B | 14.89B | 14.77B | 14.66B | 14.56B | 14.46B | 14.35B | 14.24B | 14.13B |
| Additional Paid-in Capital | 4M | 5.01M | 5M | 4M | 6M | 6M | 8M | 8M | 8M | 8M | 9M | 9M | 8M | 8M | 10M | 8M | 8M | 8M | 10M | 9M |
| Retained Earnings | 5.54B | 5.16B | 4.97B | 5.2B | 5.09B | 4.71B | 4.52B | 4.43B | 4.61B | 4.28B | 4.11B | 4.02B | 4.19B | 3.9B | 3.73B | 3.63B | 3.84B | 3.55B | 3.46B | 3.38B |
| Accumulated OCI | 1.75B | 1.37B | 1.1B | 1.4B | 1.04B | 2.07B | 2.07B | 969M | 1.16B | 998M | 653M | 1.05B | 669M | 967M | 1.01B | 1.3B | 235M | -168M | -40M | -2M |
| Return on Assets (ROA) | 0.51% | 0.69% | 0.59% | 0.59% | 0.55% | 0.7% | 0.58% | 0.63% | 0.51% | 0.71% | 0.6% | 0.63% | 0.48% | 0.7% | 0.6% | 0.55% | 0.51% | 0.63% | 0.6% | 0.55% |
| Return on Equity (ROE) | 1.47% | 2% | 1.7% | 1.66% | 1.56% | 2% | 1.65% | 1.79% | 1.43% | 2.01% | 1.7% | 1.76% | 1.34% | 1.97% | 1.69% | 1.53% | 1.4% | 1.75% | 1.65% | 1.51% |
| Debt / Equity | 1.32x | 1.34x | 1.34x | 1.31x | 1.32x | 1.31x | 1.30x | 1.31x | 1.29x | 1.29x | 1.29x | 1.29x | 1.27x | 1.28x | 1.27x | 1.27x | 1.24x | 1.25x | 1.24x | 1.23x |
| Debt / Assets | 46.12% | 46.16% | 46.34% | 46.2% | 46.45% | 46.05% | 45.86% | 45.98% | 46.1% | 45.8% | 45.55% | 45.81% | 46.05% | 45.7% | 45.19% | 45.37% | 45.11% | 45.1% | 45% | 44.79% |
| Net Debt / EBITDA | 34.13x | 23.63x | 24.86x | 24.50x | 25.60x | 23.09x | 24.55x | 24.05x | 25.57x | 22.62x | 23.85x | 23.42x | 26.34x | 22.87x | 24.53x | 25.63x | 25.90x | 23.90x | 25.06x | 25.94x |
| Book Value per Share | 57.13 | 52.22 | 42.48 | 52.01 | 51.13 | 52.32 | 52.08 | 49.14 | 49.89 | 48.83 | 47.7 | 48.77 | 48.01 | 47.82 | 48.07 | 48.3 | 46 | 44.18 | 44.02 | 45.67 |