Fortis Debt to Equity Ratio 2016-2022 | FTS
Current and historical debt to equity ratio values for Fortis (FTS) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Fortis debt/equity for the three months ending December 31, 2022 was 1.24.
| Fortis Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2022-12-31 | $31.85B | $17.57B | 1.81 |
| 2022-09-30 | $31.52B | $17.59B | 1.79 |
| 2022-06-30 | $29.83B | $17.12B | 1.74 |
| 2022-03-31 | $29.38B | $16.58B | 1.77 |
| 2021-12-31 | $29.32B | $16.69B | 1.76 |
| 2021-09-30 | $28.89B | $16.50B | 1.75 |
| 2021-06-30 | $28.80B | $16.71B | 1.72 |
| 2021-03-31 | $27.86B | $16.07B | 1.73 |
| 2020-12-31 | $26.28B | $15.14B | 1.74 |
| 2020-09-30 | $26.77B | $15.58B | 1.72 |
| 2020-06-30 | $25.27B | $15.28B | 1.65 |
| 2020-03-31 | $26.55B | $15.97B | 1.66 |
| 2019-12-31 | $25.09B | $15.16B | 1.66 |
| 2019-09-30 | $25.63B | $14.37B | 1.78 |
| 2019-06-30 | $24.59B | $14.07B | 1.75 |
| 2019-03-31 | $25.87B | $13.86B | 1.87 |
| 2018-12-31 | $26.69B | $14.24B | 1.87 |
| 2018-09-30 | $24.83B | $13.63B | 1.82 |
| 2018-06-30 | $25.10B | $13.85B | 1.81 |
| 2018-03-31 | $25.17B | $13.67B | 1.84 |
| 2017-12-31 | $23.97B | $12.92B | 1.86 |
| 2017-09-30 | $23.90B | $13.48B | 1.77 |
| 2017-06-30 | $22.64B | $12.75B | 1.78 |
| 2017-03-31 | $23.41B | $12.89B | 1.82 |
| 2016-12-31 | $23.75B | $12.42B | 1.91 |
| 2016-09-30 | $14.62B | $7.78B | 1.88 |
| 2016-06-30 | $14.20B | $8.01B | 1.77 |
| 2016-03-31 | $13.00B | $7.42B | 1.75 |
| 2015-12-31 | $14.45B | $8.11B | 1.78 |
| 2015-09-30 | $0.00B | 0.00 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Utilities | Utility - Electric Power Distribution | $19.735B | $8.494B |
| Fortis, Inc. is engaged in electric and gas utility business. The Company offers regulated utilities comprised of electric and gas as well as engages in non-regulated hydroelectric operations. It operates primarily in Canada, United States and Caribbean. Fortis, Inc. is based in St John's, Canada. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| NextEra Energy (NEE) | United States | $150.434B | 26.01 |
| Southern (SO) | United States | $74.688B | 19.00 |
| Duke Energy (DUK) | United States | $72.726B | 17.70 |
| National Grid Transco (NGG) | United Kingdom | $48.028B | 0.00 |
| Dominion Energy (D) | United States | $44.958B | 13.07 |
| Pacific Gas & Electric (PCG) | United States | $38.572B | 14.22 |
| Consolidated Edison Inc (ED) | United States | $33.754B | 20.90 |
| WEC Energy (WEC) | United States | $29.405B | 20.90 |
| Public Service Enterprise Group (PEG) | United States | $29.318B | 16.94 |
| Eversource Energy (ES) | United States | $26.391B | 18.52 |
| Edison (EIX) | United States | $26.164B | 14.77 |
| FirstEnergy (FE) | United States | $22.415B | 16.19 |
| Ameren (AEE) | United States | $22.021B | 20.30 |
| DTE Energy (DTE) | United States | $22.002B | 17.50 |
| Entergy (ETR) | United States | $21.920B | 16.08 |
| PPL (PPL) | United States | $19.728B | 19.13 |
| CenterPoint Energy (CNP) | United States | $17.883B | 20.54 |
| CMS Energy (CMS) | United States | $17.625B | 20.91 |
| Avangrid (AGR) | United States | $14.975B | 16.69 |
| AES (AES) | United States | $14.859B | 13.30 |
| NiSource (NI) | United States | $11.035B | 18.20 |
| Eletrobras (EBR.B) | Brazil | $10.182B | 11.39 |
| Centrais El¿tricas Brasileiras SA (EBR) | Brazil | $9.288B | 10.39 |
| Vistra (VST) | United States | $8.934B | 10.41 |
| Korea Electric Power (KEP) | South Korea | $8.885B | 0.00 |
| Pinnacle West Capital (PNW) | United States | $8.739B | 18.08 |
| Brookfield Renewable Partners (BEP) | Bermuda | $8.035B | 0.00 |
| NRG Energy (NRG) | United States | $7.314B | 12.55 |
| OGE Energy (OGE) | United States | $7.142B | 10.78 |
| Algonquin Power & Utilities (AQN) | Canada | $5.519B | 11.46 |
| IDACORP (IDA) | United States | $5.343B | 20.68 |
| Comp En De Mn Cemig ADS (CIG) | Brazil | $4.359B | 7.07 |
| Portland General Electric (POR) | United States | $4.216B | 17.20 |
| PNM Resources (PNM) | United States | $4.174B | 18.15 |
| Hawaiian Electric Industries (HE) | United States | $4.047B | 16.81 |
| Black Hills (BKH) | United States | $4.041B | 15.28 |
| Allete (ALE) | United States | $3.628B | 18.62 |
| Companhia Paranaense De Energia (COPEL) (ELP) | Brazil | $3.399B | 25.88 |
| Enersis Chile S.A (ENIC) | Chile | $3.251B | 2.37 |
| Avista (AVA) | United States | $3.086B | 19.40 |
| TransAlta (TAC) | Canada | $2.106B | 0.00 |
| Pampa Energia S.A (PAM) | Argentina | $1.605B | 3.51 |
| Kenon Holdings (KEN) | Singapore | $1.579B | 1.02 |
| Unitil (UTL) | United States | $0.886B | 21.26 |
| Genie Energy (GNE) | United States | $0.303B | 3.57 |
| Empresa Distribuidora Y Comercializadora Norte S.A (Edenor) (EDN) | Argentina | $0.000B | 0.00 |
