Fortis Inc. (FRTSF) balance sheet

FRTSFOTCElectric ServicesFiscal year ends December 31Also trades as FINCF, FORFF, FRTJF, FTPSF, FTRSF, FTS

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 40-F on Feb 12, 2026Score 1/30

$15.00+0.00 (0.00%)

Close on Oct 19, 2026Market cap $30.08BP/E 24.4Yield 3.03%

Fortis Inc. balance sheet

Annual Quarterly

CAD USD

Millions of USD, except per-share data. Shares in millions.

Line item	Q2 2026 2026-06-30	Q1 2026 2026-03-31	Q4 2025 2025-12-31	Q2 2025 2025-06-30	Q1 2025 2025-03-31	Q4 2024 2024-12-31	Q2 2024 2024-06-30	Q1 2024 2024-03-31	Q4 2023 2023-12-31	Q2 2023 2023-06-30	Q1 2023 2023-03-31	Q4 2022 2022-12-31	Q2 2022 2022-06-30	Q1 2022 2022-03-31	Q4 2021 2021-12-31	Q2 2021 2021-06-30	Q1 2021 2021-03-31	Q4 2020 2020-12-31	Q2 2020 2020-06-30	Q1 2020 2020-03-31	Q4 2019 2019-12-31	Q2 2019 2019-06-30	Q1 2019 2019-03-31	Q4 2018 2018-12-31	Q2 2018 2018-06-30	Q1 2018 2018-03-31	Q4 2017 2017-12-31	Q2 2017 2017-06-30	Q1 2017 2017-03-31	Q4 2016 2016-12-31	Q2 2016 2016-06-30	Q1 2016 2016-03-31	Q4 2015 2015-12-31	Q4 2014 2014-12-31
Cash & Equivalents	270	257	268	162	355	153	410	420	473	521	426	154	263	292	103	483	252	195	279	193	285	146	174	243	150	258	261	178	224	200	228	179	175	198
Cash & Short-Term Investments	270	257	268	162	355	153	410	420	473	521	426	154	263	292	103	483	252	195	279	193	285	146	174	243	150	258	261	178	224	200	228	179	175	198
Receivables	–	–	1,089	–	–	1,159	–	–	1,173	–	–	1,300	–	–	993	–	–	864	–	–	825	–	–	792	721	–	792	–	–	–	–	–	–	–
Prepaid Expenses & Other	156	–	131	143	–	126	141	–	114	122	–	108	75	–	91	62	–	80	50	–	68	47	–	62	47	–	63	50	–	63	–	–	49	–
Other Current Assets	–	–	147	–	–	151	–	–	145	–	–	429	–	–	189	–	–	153	–	–	148	–	–	136	117	–	105	–	–	57	–	–	51	–
Total Current Assets	2,948	–	2,775	2,618	–	2,636	2,862	–	3,049	3,217	–	3,155	2,473	–	2,135	2,444	–	2,048	1,822	–	1,986	1,623	–	2,390	1,575	–	1,763	1,589	–	1,613	–	–	1,342	–
Equity Method Investments	–	–	157	–	–	180	–	–	180	–	–	149	–	–	72	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Right-of-Use Assets	–	–	44	–	–	44	–	–	39	–	–	32	–	–	31	–	–	31	–	–	35	34	–	–	–	–	–	–	–	–	–	–	–	–
Goodwill	9,087	–	9,136	9,165	–	9,106	9,163	–	9,229	9,207	–	9,211	9,254	–	9,173	9,292	–	9,246	9,169	–	9,261	9,237	–	9,184	9,247	–	9,303	9,237	–	9,209	3,088	–	3,015	3,217
Intangible Assets	1,259	–	1,257	1,203	–	1,153	1,136	–	1,144	1,128	–	1,144	1,083	–	1,051	1,027	–	1,012	985	–	972	883	–	880	887	–	864	801	–	753	–	–	391	–
Other Long-Term Assets	1,288	–	1,300	1,272	–	1,148	997	–	983	866	–	896	836	–	747	569	–	525	504	–	478	471	–	405	400	–	383	347	–	302	–	–	254	–
Total Assets	55,448	–	54,573	53,443	–	51,032	50,257	–	49,932	48,429	–	47,482	46,581	–	45,127	45,062	–	43,504	41,285	–	41,200	39,492	–	38,882	38,241	–	38,206	36,652	–	35,680	22,001	–	20,814	–
Short-Term Debt	27	–	300	267	–	68	50	–	90	60	–	187	321	–	193	217	–	104	18	–	395	233	–	44	53	–	167	438	–	860	–	–	369	–
Current Portion of Long-Term Debt	2,390	–	2,294	1,750	–	1,382	1,922	–	1,739	1,726	–	1,833	1,354	–	1,274	583	–	983	727	–	532	290	–	679	789	–	563	914	–	187	–	–	277	–
Current Debt	2,417	–	2,595	2,016	–	1,450	1,972	–	1,829	1,787	–	2,020	1,675	–	1,467	800	–	1,087	746	–	927	523	–	723	842	–	730	1,351	–	1,047	–	–	647	–
Current Portion of Leases	–	–	12	–	–	12	–	–	9.09	–	–	6.65	–	–	6.26	–	–	5.49	–	–	6.17	6.11	–	–	–	–	–	–	–	–	–	–	–	–
Current Income Taxes Payable	–	–	18	–	–	23	–	–	0	–	–	65	–	–	24	–	–	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Current Liabilities	5,245	–	5,479	4,524	–	4,192	4,152	–	4,517	4,092	–	4,890	3,875	–	3,758	2,806	–	3,253	2,570	–	3,222	2,611	–	3,116	2,670	–	2,799	3,143	–	2,938	–	–	1,906	–
Long-Term Debt	22,912	–	22,406	22,557	–	21,683	20,952	–	20,629	20,260	–	19,163	19,079	–	18,554	19,302	–	18,124	17,306	–	16,588	16,981	–	16,974	16,417	–	16,530	15,349	–	15,505	–	–	7,792	–
Long-Term Leases	–	–	32	–	–	33	–	–	30	–	–	25	–	–	25	–	–	26	–	–	29	27	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	–	–	44	–	–	44	–	–	39	–	–	32	–	–	31	–	–	31	–	–	35	33	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	3,946	–	3,859	3,651	–	3,486	3,403	–	3,332	3,037	–	3,000	2,956	–	2,839	2,770	–	2,622	2,366	–	2,291	2,137	–	1,969	1,876	–	1,836	2,594	–	2,430	–	–	1,481	–
Other Long-Term Liabilities	959	–	930	935	–	913	951	–	962	832	–	847	1,060	–	1,103	1,243	–	1,254	1,119	–	1,116	954	–	834	939	–	967	910	–	953	–	–	832	–
Total Liabilities	36,114	–	35,707	34,651	–	33,078	32,238	–	32,259	30,913	–	30,602	29,597	–	28,757	28,517	–	27,599	25,725	–	25,684	25,120	–	25,355	24,646	–	24,825	23,446	–	23,428	–	–	13,333	–
Total Debt	25,330	–	25,001	24,573	–	23,133	22,924	–	22,459	22,047	–	21,183	20,754	–	20,022	20,102	–	19,210	18,052	–	17,515	17,504	–	17,696	17,259	–	17,261	16,700	–	16,552	–	–	8,439	–
Preferred Stock	1,143	–	1,184	1,192	–	1,127	1,186	–	1,229	1,227	–	1,199	1,261	–	1,270	1,308	–	1,273	1,192	–	1,252	1,240	–	1,190	1,235	–	1,297	1,250	–	1,209	–	–	1,315	–
Common Stock	11,528	–	11,750	11,642	–	10,826	11,215	–	11,444	11,252	–	10,831	11,238	–	11,143	11,319	–	10,836	10,069	–	10,527	9,348	–	8,714	8,928	–	9,253	8,808	–	8,016	–	–	4,239	–
Additional Paid-In Capital	2.82	–	3.65	4.41	–	5.56	5.85	–	6.82	6.05	–	7.39	6.22	–	7.83	6.45	–	8.63	7.35	–	8.49	8.40	–	8.06	7.61	–	7.99	6.93	–	8.94	–	–	10	–
Retained Earnings	3,900	–	3,624	3,741	–	3,140	3,370	–	3,115	3,167	–	2,759	2,981	–	2,706	2,887	–	2,517	2,409	–	2,250	2,230	–	1,526	1,606	–	1,380	1,417	–	1,084	–	–	1,003	–
Comprehensive Income & Other	1,235	–	803	767	–	1,435	848	–	495	506	–	745	183	–	-31	-241	–	27	665	–	259	357	–	680	411	–	49	314	–	555	–	–	572	–
Shareholders' Equity	17,809	–	17,364	17,347	–	16,533	16,625	–	16,289	16,157	–	15,541	15,669	–	15,096	15,280	–	14,661	14,342	–	14,296	13,184	–	12,117	12,187	–	11,986	11,796	–	10,872	–	–	7,139	–
Noncontrolling Interest	1,526	–	1,502	1,445	–	1,420	1,394	–	1,384	1,359	–	1,339	1,315	–	1,274	1,265	–	1,244	1,218	–	1,220	1,188	–	1,409	1,408	–	1,395	1,410	–	1,380	–	–	342	–
Total Equity	19,334	18,982	18,866	18,791	18,216	17,953	18,019	17,736	17,673	17,516	17,067	16,880	16,984	16,819	16,370	16,545	16,185	15,905	15,560	15,166	15,517	14,372	13,787	13,527	13,595	–	13,381	13,206	–	12,252	7,949	–	7,481	7,854
Total Liabilities & Equity	55,448	–	54,573	53,443	–	51,032	50,257	–	49,932	48,429	–	47,482	46,581	–	45,127	45,062	–	43,504	41,285	–	41,200	39,492	–	38,882	38,241	–	38,206	36,652	–	35,680	–	–	20,814	–
Shares Outstanding(shares)	511	–	507	504	–	499	495	–	491	486	–	482	479	–	475	471	–	467	465	–	463	436	–	429	425	–	421	418	–	402	–	–	282	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, FY2025

Gross margin: 72.3%
Operating margin: 28.7%
Net margin: –
Return on equity, FY2025: –

Financial strength

Current ratio: 0.56
Debt to equity: 1.42
Debt to assets: 45.7%
Cash to current liabilities: 5.2%

Valuation

P/E ratio: 24.4
Price to sales: 3.46
Price to book: 1.66
Dividend yield: 3.03%