Fortis, Inc. (FTS)
56.29
-0.19
(-0.34%)
USD |
NYSE |
Jun 11, 13:03
Fortis Debt to Equity Ratio : 1.452 for March 31, 2026
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2026 | 1.452 |
| December 31, 2025 | 1.457 |
| September 30, 2025 | 1.422 |
| June 30, 2025 | 1.431 |
| March 31, 2025 | 1.426 |
| December 31, 2024 | 1.416 |
| September 30, 2024 | 1.423 |
| June 30, 2024 | 1.394 |
| March 31, 2024 | 1.398 |
| December 31, 2023 | 1.397 |
| September 30, 2023 | 1.400 |
| June 30, 2023 | 1.380 |
| March 31, 2023 | 1.389 |
| December 31, 2022 | 1.381 |
| September 30, 2022 | 1.376 |
| June 30, 2022 | 1.341 |
| March 31, 2022 | 1.355 |
| December 31, 2021 | 1.345 |
| September 30, 2021 | 1.336 |
| June 30, 2021 | 1.333 |
| March 31, 2021 | 1.328 |
| December 31, 2020 | 1.330 |
| September 30, 2020 | 1.320 |
| June 30, 2020 | 1.280 |
| March 31, 2020 | 1.275 |
| Date | Value |
|---|---|
| December 31, 2019 | 1.253 |
| September 30, 2019 | 1.381 |
| June 30, 2019 | 1.363 |
| March 31, 2019 | 1.491 |
| December 31, 2018 | 1.499 |
| September 30, 2018 | 1.449 |
| June 30, 2018 | 1.458 |
| March 31, 2018 | 1.466 |
| December 31, 2017 | 1.471 |
| September 30, 2017 | 1.433 |
| June 30, 2017 | 1.449 |
| March 31, 2017 | 1.475 |
| December 31, 2016 | 1.559 |
| September 30, 2016 | 1.309 |
| June 30, 2016 | 1.246 |
| March 31, 2016 | 1.220 |
| December 31, 2015 | 1.234 |
| September 30, 2015 | 1.278 |
| June 30, 2015 | 1.318 |
| March 31, 2015 | 1.338 |
| December 31, 2014 | 1.333 |
| September 30, 2014 | 2.072 |
| June 30, 2014 | 1.352 |
| March 31, 2014 | 1.344 |
| December 31, 2013 | 1.298 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
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Minimum
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Maximum
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Median
Debt to Equity Ratio Benchmarks
| Otter Tail Corp. | 0.6348 |
| Xcel Energy, Inc. | 1.647 |
| American Electric Power Co., Inc. | 1.628 |
| Companhia Energética de Minas Gerais SA | 0.6927 |
| Duke Energy Corp. | 1.675 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 54.97B |
| Total Liabilities (Quarterly) | 35.99B |
| Shareholders Equity (Quarterly) | 17.47B |
| Current Ratio | 0.4856 |
| Net Debt Paydown Yield | -1.36% |