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Fortis Inc. logo

Fortis Inc. (FTS) Debt To Equity Ratio

Annual Debt To Equity

1.420.02+1.43%

Summary

Current Value
As of today, FTS annual debt to equity is 1.42, up +1.43% on
Historical Performance
FTS annual debt to equity is up +5.19% over the past 3 years, and up +13.60% over the past 5 years
All-Time High Comparison
FTS annual debt to equity is currently -26.04% below its historical high of 1.92 set on
3-Year Low Comparison
FTS annual debt to equity is +2.90% above its 3-year low of 1.38 reached on an earlier date
Sector Comparison
FTS annual debt to equity is higher than 54.87% of companies in Utilities sector

Debt To Equity Chart

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Series
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Performance

FTS Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity1.42+1.4%+5.2%+13.6%-7.8%
Quarterly Debt To Equity1.420.0%+2.9%+7.6%-11.8%
Price$51.46+22.6%+25.1%+27.7%+50.6%
Annual Total Debt$23.45B+2.9%+14.1%+30.9%+315.2%
Annual Shareholders Equity$16.55B+1.5%+8.4%+15.8%+350.2%
Annual Current Ratio0.63-6.0%+10.5%+1.6%-11.3%
Annual Quick Ratio0.52-10.3%+10.6%0.0%-11.9%
Annual Short Term Debt$1.47B-20.4%-1.8%+54.1%+140.6%
Annual Long Term Debt$21.98B+5.0%+15.3%+29.6%+336.4%
Piotroski F-Score50.0%-28.6%0.0%0.0%
Altman Z-Score0.82+12.3%+12.3%+12.3%-10.9%

Debt To Equity Highs

FTS Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y1.42at high
5Y1.42at high
All1.92-26.0%

Debt To Equity Lows

FTS Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y1.38N/A+2.9%
5Y1.33N/A+6.8%
All0.69+105.8%

Debt To Equity History

YearValueChange
1.42+1.4%
1.40+1.4%
1.38+2.2%
1.35+1.5%
1.33+6.4%
1.25-16.7%
YearValueChange
1.50+2.0%
1.47-5.8%
1.56+26.8%
1.23-7.5%
1.33-

FAQ

  • What is the current annual debt to equity of FTS?

    As of today, FTS annual debt to equity is 1.42

  • What is 1-year change in FTS annual debt to equity?

    FTS annual debt to equity is up +1.43% year-over-year

  • What is 3-year change in FTS annual debt to equity?

    FTS annual debt to equity is up +5.19% over the past 3 years

  • How far is FTS annual debt to equity from its all-time high?

    FTS annual debt to equity is currently -26.04% below its historical high of 1.92 set on December 31, 2002

  • How does FTS annual debt to equity rank versus sector peers?

    FTS annual debt to equity is higher than 54.87% of companies in Utilities sector

  • When is FTS next annual earnings release?

    The next annual earnings release for FTS is on

Debt To Equity Formula

Debt To Equity =  
Total Debt

Data Sources & References

  1. FTS Official Website www.fortisinc.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1666175/000166617525000051/0001666175-25-000051-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1666175/000166617525000017/0001666175-25-000017-index.htm
  4. FTS Profile on Yahoo Finance finance.yahoo.com/quote/FTS
  5. FTS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/fts