Fortis Inc (FTS) Balance Sheet

72.090
-0.240-0.33%

15min DelayMarket Closed Jan 22 16:00 ET

36.43BMarket Cap21.46P/E (TTM)

Quarterly+Annual

YOY

Hide blank lines

(Q3)Sep 30, 2025

(Q2)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q4)Dec 31, 2024

(Q3)Sep 30, 2024

(Q2)Jun 30, 2024

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

(Q4)Dec 31, 2023

Assets

Current assets

Cash, cash equivalents and short term investments

-56.58%389M

-60.61%221M

-10.37%510M

-64.80%220M

17.12%896M

-18.70%561M

-1.22%569M

199.04%625M

-Cash and cash equivalents

-56.58%389M

-60.61%221M

-10.37%510M

-64.80%220M

17.12%896M

-18.70%561M

-1.22%569M

199.04%625M

Receivables

-4.02%1.62B

-4.09%1.71B

0.58%1.92B

2.58%1.67B

2.55%1.69B

13.10%1.79B

1.76%1.91B

-7.50%1.63B

-Accounts receivable

-4.02%1.62B

-4.09%1.71B

0.58%1.92B

13.37%1.01B

2.55%1.69B

13.10%1.79B

1.76%1.91B

-4.30%890M

-Unbilled accounts receivable

----

1.51%738M

----

-18.04%727M

-Taxes receivable

----

--0

----

--78M

-Recievables adjustments allowances

----

-14.71%-78M

----

-17.24%-68M

Inventory

7.91%655M

13.93%679M

24.31%680M

21.02%685M

3.23%607M

11.61%596M

-3.87%547M

-14.37%566M

Prepaid assets

2.15%238M

1.04%195M

14.94%177M

21.33%182M

12.56%233M

19.14%193M

6.21%154M

2.74%150M

Other current assets

-4.45%752M

-2.95%757M

3.21%837M

-1.61%1.04B

5.64%787M

6.85%780M

-18.49%811M

-29.25%1.06B

Total current assets

-13.22%3.66B

-8.96%3.57B

3.36%4.12B

-5.69%3.8B

-6.83%4.21B

-7.99%3.92B

-4.11%3.99B

-5.72%4.03B

Non current assets

Net PPE

9.13%50.56B

8.48%49.51B

12.59%50.24B

14.01%49.52B

7.20%46.33B

9.24%45.64B

5.76%44.62B

4.15%43.44B

-Gross PPE

----

13.31%66.14B

----

3.85%58.37B

-Accumulated depreciation

----

-11.27%-16.62B

----

-2.99%-14.94B

Investments and advances

----

16.07%484M

----

31.96%417M

-Long term equity investment

----

9.28%259M

----

17.91%237M

-Other investment

----

25.00%225M

----

56.52%180M

Financial assets

----

11.63%48M

----

-63.56%43M

Goodwill and other intangible assets

3.03%14.39B

0.20%14.12B

5.97%14.8B

7.88%14.77B

0.01%13.97B

3.06%14.09B

0.13%13.96B

-2.27%13.69B

-Goodwill

2.17%12.69B

-0.44%12.48B

5.55%13.12B

7.62%13.11B

-0.31%12.42B

2.91%12.54B

-0.06%12.43B

-2.25%12.18B

-Other intangible assets

9.84%1.71B

5.34%1.64B

9.37%1.68B

10.00%1.66B

2.64%1.56B

4.22%1.56B

1.72%1.54B

-2.45%1.51B

Defined pension benefit

----

43.64%678M

----

10.02%472M

Regulatory assets

8.76%4.1B

2.74%3.87B

4.27%3.83B

8.24%3.81B

12.92%3.77B

16.62%3.76B

16.42%3.67B

13.67%3.52B

Non current deferred assets

----

31.82%29M

----

-45.00%22M

Other non current assets

31.81%1.79B

26.98%1.73B

29.34%1.73B

19.45%350M

10.02%1.36B

19.02%1.36B

13.61%1.34B

9.74%293M

Total non current assets

8.28%70.85B

6.74%69.22B

11.01%70.59B

12.59%69.69B

5.94%65.43B

8.41%64.86B

5.17%63.59B

3.19%61.9B

Total assets

6.98%74.5B

5.84%72.79B

10.56%74.72B

11.48%73.49B

5.06%69.64B

7.32%68.77B

4.57%67.58B

2.60%65.92B

Liabilities

Current liabilities

Current debt and capital lease obligation

0.82%1.98B

1.78%2.75B

-53.76%1.5B

-13.54%2.09B

-31.17%1.96B

14.13%2.7B

19.06%3.24B

-11.67%2.42B

-Current debt

0.82%1.98B

1.78%2.75B

-53.76%1.5B

-13.54%2.09B

-31.17%1.96B

14.13%2.7B

19.06%3.24B

-11.67%2.42B

Payables

-3.39%2.99B

22.64%2.91B

21.39%3.38B

9.85%2.26B

7.76%3.1B

-2.30%2.38B

-5.81%2.79B

-11.05%2.06B

-accounts payable

-3.39%2.99B

22.64%2.91B

21.39%3.38B

13.23%1.12B

7.76%3.1B

-2.30%2.38B

-5.81%2.79B

11.74%990M

-Total tax payable

----

13.43%304M

----

-27.57%268M

-Dividends payable

----

6.44%314M

----

6.12%295M

-Other payable

----

3.35%524M

----

-35.17%507M

Current accrued expenses

----

11.31%305M

----

7.87%274M

Pension and other retirement benefit plans

----

3.57%29M

----

0.00%28M

Current deferred liabilities

----

36.88%360M

----

-34.41%263M

Other current liabilities

-19.37%537M

-17.30%502M

-3.99%554M

7.25%991M

3.90%666M

-1.78%607M

23.03%577M

4.52%924M

Current liabilities

-3.81%5.51B

8.47%6.16B

-17.71%5.44B

1.21%6.04B

-10.07%5.73B

4.93%5.68B

7.40%6.61B

-9.87%5.96B

Non current liabilities

Long term debt and capital lease obligation

7.94%32.44B

7.08%31.06B

18.75%32.91B

14.49%31.61B

9.24%30.06B

6.87%29.01B

3.36%27.71B

4.99%27.61B

-Long term debt

8.02%32.09B

7.16%30.72B

18.97%32.56B

14.65%31.22B

9.34%29.71B

6.95%28.67B

3.39%27.36B

5.03%27.24B

-Long term capital lease obligation

0.58%349M

0.89%341M

1.15%351M

3.17%390M

1.46%347M

0.90%338M

0.87%347M

2.16%378M

Derivative product liabilities

----

37.50%66M

----

-33.33%48M

Long term provisions

----

35.89%390M

----

-6.82%287M

Employee benefits

----

-8.21%559M

----

21.31%609M

Regulatory liabilities

12.02%3.86B

7.39%3.72B

9.93%3.78B

9.32%3.7B

-1.49%3.44B

7.37%3.47B

1.99%3.43B

1.84%3.38B

Non current deferred liabilities

8.66%5.16B

6.79%4.97B

11.98%5.09B

12.77%5.21B

12.95%4.74B

15.90%4.66B

10.97%4.54B

9.63%4.62B

Other non current liabilities

0.70%1.29B

-2.15%1.27B

3.52%1.32B

-6.15%61M

9.97%1.28B

18.26%1.3B

13.39%1.28B

-13.33%65M

Total non current liabilities

8.14%42.74B

6.76%41.03B

16.57%43.09B

13.58%41.6B

8.66%39.52B

8.30%38.43B

4.43%36.96B

5.26%36.62B

Total liabilities

6.63%48.25B

6.98%47.2B

11.38%48.53B

11.85%47.63B

5.87%45.25B

7.85%44.12B

4.87%43.57B

2.84%42.59B

Shareholders'equity

Share capital

3.01%17.6B

3.01%17.48B

2.95%17.35B

2.87%17.21B

2.84%17.09B

2.77%16.97B

2.80%16.86B

2.78%16.73B

-common stock

3.32%15.98B

3.33%15.86B

3.26%15.73B

3.18%15.59B

3.15%15.47B

3.07%15.35B

3.11%15.23B

3.08%15.11B

-Preferred stock

0.00%1.62B

Additional paid-in capital

-50.00%4M

-25.00%6M

-11.11%8M

0.00%8M

-10.00%9M

Retained earnings

17.19%5.2B

10.50%5.1B

10.10%4.71B

9.95%4.52B

10.27%4.43B

10.05%4.61B

9.83%4.28B

10.15%4.11B

Gains losses not affecting retained earnings

44.38%1.4B

-9.99%1.05B

107.01%2.07B

216.54%2.07B

-7.36%969M

73.54%1.16B

3.21%998M

-35.22%653M

Total stockholders'equity

7.56%24.2B

3.86%23.63B

9.01%24.14B

10.71%23.81B

3.72%22.5B

6.41%22.75B

4.10%22.14B

2.26%21.51B

Noncontrolling interests

8.34%2.05B

3.14%1.97B

9.76%2.06B

11.93%2.05B

2.16%1.89B

6.12%1.91B

3.25%1.88B

0.83%1.83B

Total equity

7.63%26.25B

3.80%25.59B

9.07%26.19B

10.80%25.85B

3.60%24.39B

6.39%24.66B

4.04%24.02B

2.15%23.33B

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(Q3)Sep 30, 2025	(Q2)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q4)Dec 31, 2024	(Q3)Sep 30, 2024	(Q2)Jun 30, 2024	(Q1)Mar 31, 2024	(FY)Dec 31, 2023	(Q4)Dec 31, 2023
Assets
Current assets
Cash, cash equivalents and short term investments	-56.58%389M	-60.61%221M	-10.37%510M	-64.80%220M	-64.80%220M	17.12%896M	-18.70%561M	-1.22%569M	199.04%625M	199.04%625M
-Cash and cash equivalents	-56.58%389M	-60.61%221M	-10.37%510M	-64.80%220M	-64.80%220M	17.12%896M	-18.70%561M	-1.22%569M	199.04%625M	199.04%625M
Receivables	-4.02%1.62B	-4.09%1.71B	0.58%1.92B	2.58%1.67B	2.58%1.67B	2.55%1.69B	13.10%1.79B	1.76%1.91B	-7.50%1.63B	-7.50%1.63B
-Accounts receivable	-4.02%1.62B	-4.09%1.71B	0.58%1.92B	13.37%1.01B	13.37%1.01B	2.55%1.69B	13.10%1.79B	1.76%1.91B	-4.30%890M	-4.30%890M
-Unbilled accounts receivable	----	----	----	1.51%738M	1.51%738M	----	----	----	-18.04%727M	-18.04%727M
-Taxes receivable	----	----	----	--0	--0	----	----	----	--78M	--78M
-Recievables adjustments allowances	----	----	----	-14.71%-78M	-14.71%-78M	----	----	----	-17.24%-68M	-17.24%-68M
Inventory	7.91%655M	13.93%679M	24.31%680M	21.02%685M	21.02%685M	3.23%607M	11.61%596M	-3.87%547M	-14.37%566M	-14.37%566M
Prepaid assets	2.15%238M	1.04%195M	14.94%177M	21.33%182M	21.33%182M	12.56%233M	19.14%193M	6.21%154M	2.74%150M	2.74%150M
Other current assets	-4.45%752M	-2.95%757M	3.21%837M	-1.61%1.04B	-1.61%1.04B	5.64%787M	6.85%780M	-18.49%811M	-29.25%1.06B	-29.25%1.06B
Total current assets	-13.22%3.66B	-8.96%3.57B	3.36%4.12B	-5.69%3.8B	-5.69%3.8B	-6.83%4.21B	-7.99%3.92B	-4.11%3.99B	-5.72%4.03B	-5.72%4.03B
Non current assets
Net PPE	9.13%50.56B	8.48%49.51B	12.59%50.24B	14.01%49.52B	14.01%49.52B	7.20%46.33B	9.24%45.64B	5.76%44.62B	4.15%43.44B	4.15%43.44B
-Gross PPE	----	----	----	13.31%66.14B	13.31%66.14B	----	----	----	3.85%58.37B	3.85%58.37B
-Accumulated depreciation	----	----	----	-11.27%-16.62B	-11.27%-16.62B	----	----	----	-2.99%-14.94B	-2.99%-14.94B
Investments and advances	----	----	----	16.07%484M	16.07%484M	----	----	----	31.96%417M	31.96%417M
-Long term equity investment	----	----	----	9.28%259M	9.28%259M	----	----	----	17.91%237M	17.91%237M
-Other investment	----	----	----	25.00%225M	25.00%225M	----	----	----	56.52%180M	56.52%180M
Financial assets	----	----	----	11.63%48M	11.63%48M	----	----	----	-63.56%43M	-63.56%43M
Goodwill and other intangible assets	3.03%14.39B	0.20%14.12B	5.97%14.8B	7.88%14.77B	7.88%14.77B	0.01%13.97B	3.06%14.09B	0.13%13.96B	-2.27%13.69B	-2.27%13.69B
-Goodwill	2.17%12.69B	-0.44%12.48B	5.55%13.12B	7.62%13.11B	7.62%13.11B	-0.31%12.42B	2.91%12.54B	-0.06%12.43B	-2.25%12.18B	-2.25%12.18B
-Other intangible assets	9.84%1.71B	5.34%1.64B	9.37%1.68B	10.00%1.66B	10.00%1.66B	2.64%1.56B	4.22%1.56B	1.72%1.54B	-2.45%1.51B	-2.45%1.51B
Defined pension benefit	----	----	----	43.64%678M	43.64%678M	----	----	----	10.02%472M	10.02%472M
Regulatory assets	8.76%4.1B	2.74%3.87B	4.27%3.83B	8.24%3.81B	8.24%3.81B	12.92%3.77B	16.62%3.76B	16.42%3.67B	13.67%3.52B	13.67%3.52B
Non current deferred assets	----	----	----	31.82%29M	31.82%29M	----	----	----	-45.00%22M	-45.00%22M
Other non current assets	31.81%1.79B	26.98%1.73B	29.34%1.73B	19.45%350M	19.45%350M	10.02%1.36B	19.02%1.36B	13.61%1.34B	9.74%293M	9.74%293M
Total non current assets	8.28%70.85B	6.74%69.22B	11.01%70.59B	12.59%69.69B	12.59%69.69B	5.94%65.43B	8.41%64.86B	5.17%63.59B	3.19%61.9B	3.19%61.9B
Total assets	6.98%74.5B	5.84%72.79B	10.56%74.72B	11.48%73.49B	11.48%73.49B	5.06%69.64B	7.32%68.77B	4.57%67.58B	2.60%65.92B	2.60%65.92B
Liabilities
Current liabilities
Current debt and capital lease obligation	0.82%1.98B	1.78%2.75B	-53.76%1.5B	-13.54%2.09B	-13.54%2.09B	-31.17%1.96B	14.13%2.7B	19.06%3.24B	-11.67%2.42B	-11.67%2.42B
-Current debt	0.82%1.98B	1.78%2.75B	-53.76%1.5B	-13.54%2.09B	-13.54%2.09B	-31.17%1.96B	14.13%2.7B	19.06%3.24B	-11.67%2.42B	-11.67%2.42B
Payables	-3.39%2.99B	22.64%2.91B	21.39%3.38B	9.85%2.26B	9.85%2.26B	7.76%3.1B	-2.30%2.38B	-5.81%2.79B	-11.05%2.06B	-11.05%2.06B
-accounts payable	-3.39%2.99B	22.64%2.91B	21.39%3.38B	13.23%1.12B	13.23%1.12B	7.76%3.1B	-2.30%2.38B	-5.81%2.79B	11.74%990M	11.74%990M
-Total tax payable	----	----	----	13.43%304M	13.43%304M	----	----	----	-27.57%268M	-27.57%268M
-Dividends payable	----	----	----	6.44%314M	6.44%314M	----	----	----	6.12%295M	6.12%295M
-Other payable	----	----	----	3.35%524M	3.35%524M	----	----	----	-35.17%507M	-35.17%507M
Current accrued expenses	----	----	----	11.31%305M	11.31%305M	----	----	----	7.87%274M	7.87%274M
Pension and other retirement benefit plans	----	----	----	3.57%29M	3.57%29M	----	----	----	0.00%28M	0.00%28M
Current deferred liabilities	----	----	----	36.88%360M	36.88%360M	----	----	----	-34.41%263M	-34.41%263M
Other current liabilities	-19.37%537M	-17.30%502M	-3.99%554M	7.25%991M	7.25%991M	3.90%666M	-1.78%607M	23.03%577M	4.52%924M	4.52%924M
Current liabilities	-3.81%5.51B	8.47%6.16B	-17.71%5.44B	1.21%6.04B	1.21%6.04B	-10.07%5.73B	4.93%5.68B	7.40%6.61B	-9.87%5.96B	-9.87%5.96B
Non current liabilities
Long term debt and capital lease obligation	7.94%32.44B	7.08%31.06B	18.75%32.91B	14.49%31.61B	14.49%31.61B	9.24%30.06B	6.87%29.01B	3.36%27.71B	4.99%27.61B	4.99%27.61B
-Long term debt	8.02%32.09B	7.16%30.72B	18.97%32.56B	14.65%31.22B	14.65%31.22B	9.34%29.71B	6.95%28.67B	3.39%27.36B	5.03%27.24B	5.03%27.24B
-Long term capital lease obligation	0.58%349M	0.89%341M	1.15%351M	3.17%390M	3.17%390M	1.46%347M	0.90%338M	0.87%347M	2.16%378M	2.16%378M
Derivative product liabilities	----	----	----	37.50%66M	37.50%66M	----	----	----	-33.33%48M	-33.33%48M
Long term provisions	----	----	----	35.89%390M	35.89%390M	----	----	----	-6.82%287M	-6.82%287M
Employee benefits	----	----	----	-8.21%559M	-8.21%559M	----	----	----	21.31%609M	21.31%609M
Regulatory liabilities	12.02%3.86B	7.39%3.72B	9.93%3.78B	9.32%3.7B	9.32%3.7B	-1.49%3.44B	7.37%3.47B	1.99%3.43B	1.84%3.38B	1.84%3.38B
Non current deferred liabilities	8.66%5.16B	6.79%4.97B	11.98%5.09B	12.77%5.21B	12.77%5.21B	12.95%4.74B	15.90%4.66B	10.97%4.54B	9.63%4.62B	9.63%4.62B
Other non current liabilities	0.70%1.29B	-2.15%1.27B	3.52%1.32B	-6.15%61M	-6.15%61M	9.97%1.28B	18.26%1.3B	13.39%1.28B	-13.33%65M	-13.33%65M
Total non current liabilities	8.14%42.74B	6.76%41.03B	16.57%43.09B	13.58%41.6B	13.58%41.6B	8.66%39.52B	8.30%38.43B	4.43%36.96B	5.26%36.62B	5.26%36.62B
Total liabilities	6.63%48.25B	6.98%47.2B	11.38%48.53B	11.85%47.63B	11.85%47.63B	5.87%45.25B	7.85%44.12B	4.87%43.57B	2.84%42.59B	2.84%42.59B
Shareholders'equity
Share capital	3.01%17.6B	3.01%17.48B	2.95%17.35B	2.87%17.21B	2.87%17.21B	2.84%17.09B	2.77%16.97B	2.80%16.86B	2.78%16.73B	2.78%16.73B
-common stock	3.32%15.98B	3.33%15.86B	3.26%15.73B	3.18%15.59B	3.18%15.59B	3.15%15.47B	3.07%15.35B	3.11%15.23B	3.08%15.11B	3.08%15.11B
-Preferred stock	0.00%1.62B	0.00%1.62B	0.00%1.62B	0.00%1.62B	0.00%1.62B	0.00%1.62B	0.00%1.62B	0.00%1.62B	0.00%1.62B	0.00%1.62B
Additional paid-in capital	-50.00%4M	-25.00%6M	-25.00%6M	-11.11%8M	-11.11%8M	-11.11%8M	0.00%8M	0.00%8M	-10.00%9M	-10.00%9M
Retained earnings	17.19%5.2B	10.50%5.1B	10.10%4.71B	9.95%4.52B	9.95%4.52B	10.27%4.43B	10.05%4.61B	9.83%4.28B	10.15%4.11B	10.15%4.11B
Gains losses not affecting retained earnings	44.38%1.4B	-9.99%1.05B	107.01%2.07B	216.54%2.07B	216.54%2.07B	-7.36%969M	73.54%1.16B	3.21%998M	-35.22%653M	-35.22%653M
Total stockholders'equity	7.56%24.2B	3.86%23.63B	9.01%24.14B	10.71%23.81B	10.71%23.81B	3.72%22.5B	6.41%22.75B	4.10%22.14B	2.26%21.51B	2.26%21.51B
Noncontrolling interests	8.34%2.05B	3.14%1.97B	9.76%2.06B	11.93%2.05B	11.93%2.05B	2.16%1.89B	6.12%1.91B	3.25%1.88B	0.83%1.83B	0.83%1.83B
Total equity	7.63%26.25B	3.80%25.59B	9.07%26.19B	10.80%25.85B	10.80%25.85B	3.60%24.39B	6.39%24.66B	4.04%24.02B	2.15%23.33B	2.15%23.33B
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	--	--	Unqualified Opinion	--	--	--	--	Unqualified Opinion	--

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

Amidst the global market turbulence triggered by the US-Europe dispute over Greenland, a single post by Trump instantly reversed market tren Show More

Futubull Options Sir

Jan 19 17:47

Options Weekly 0119 | Greenland tariff standoff, gold and silver surge again, shocking reversal in Fed chair nominee! Watch Intel, Netflix earnings reports

杨杨得億

Jan 20 13:42

The real danger in the 2026 market isn't black swan events, but rather the changes you've become accustomed to ignoring.