Net Debt Summary of Fortis Inc.

Fortis Inc.'s latest annual net debt in 2023 was 29.4 Billion CAD , up 2.0% from previous year.
Fortis Inc.'s latest quarterly net debt in 2024 Q1 was 30.38 Billion CAD , up 3.33% from previous quarter.
Fortis Inc. reported annual net debt of 28.82 Billion CAD in 2022, up 11.66% from previous year.
Fortis Inc. reported annual net debt of 25.81 Billion CAD in 2021, up 4.88% from previous year.
Fortis Inc. reported quarterly net debt of 31.14 Billion CAD for 2024 Q2, up 2.51% from previous quarter.
Fortis Inc. reported quarterly net debt of 30.38 Billion CAD for 2024 Q1, up 3.33% from previous quarter.

Annual Net Debt Chart of Fortis Inc. (2023 - 1995)

Historical Annual Net Debt of Fortis Inc. (2023 - 1995)

Year	Net Debt	Net Debt Growth
2023	29.4 Billion CAD	2.0%
2022	28.82 Billion CAD	11.66%
2021	25.81 Billion CAD	4.88%
2020	24.61 Billion CAD	7.74%
2019	22.84 Billion CAD	-6.58%
2018	24.45 Billion CAD	12.17%
2017	21.8 Billion CAD	-3.31%
2016	22.54 Billion CAD	87.81%
2015	12 Billion CAD	5.71%
2014	11.35 Billion CAD	46.24%
2013	7.76 Billion CAD	22.03%
2012	6.36 Billion CAD	10.7%
2011	5.74 Billion CAD	-1.86%
2010	5.85 Billion CAD	4.5%
2009	5.6 Billion CAD	2.52%
2008	5.46 Billion CAD	-0.15%
2007	5.47 Billion CAD	102.82%
2006	2.69 Billion CAD	23.71%
2005	2.18 Billion CAD	5.42%
2004	2.07 Billion CAD	86.7%
2003	1.1 Billion CAD	1.03%
2002	1.09 Billion CAD	17.73%
2001	932.33 Million CAD	23.28%
2000	756.24 Million CAD	20.08%
1999	629.76 Million CAD	25.73%
1998	500.88 Million CAD	3.21%
1997	485.29 Million CAD	0.0%
1995	428.55 Million CAD	0.0%

Year	Net Debt	Net Debt Growth
2024 Q3	30.77 Billion CAD	-0.08%
2024 Q2	31.14 Billion CAD	2.51%
2024 Q1	30.38 Billion CAD	3.33%
2023 Q4	29.4 Billion CAD	-0.66%
2023 FY	29.4 Billion CAD	2.0%
2023 Q2	28.81 Billion CAD	-0.48%
2023 Q1	28.95 Billion CAD	0.45%
2023 Q3	29.59 Billion CAD	2.71%
2022 Q2	26.7 Billion CAD	3.19%
2022 FY	28.82 Billion CAD	11.66%
2022 Q4	28.82 Billion CAD	0.52%
2022 Q3	28.67 Billion CAD	7.37%
2022 Q1	25.88 Billion CAD	0.26%
2021 Q3	25.36 Billion CAD	2.85%
2021 Q2	24.66 Billion CAD	0.18%
2021 Q1	24.62 Billion CAD	0.03%
2021 FY	25.81 Billion CAD	4.88%
2021 Q4	25.81 Billion CAD	1.76%
2020 Q2	24.62 Billion CAD	-1.01%
2020 FY	24.61 Billion CAD	7.74%
2020 Q3	24.74 Billion CAD	0.49%
2020 Q4	24.61 Billion CAD	-0.52%
2020 Q1	24.87 Billion CAD	8.88%
2019 Q2	23.28 Billion CAD	-4.4%
2019 Q4	22.84 Billion CAD	-3.75%
2019 Q3	23.73 Billion CAD	1.93%
2019 FY	22.84 Billion CAD	-6.58%
2019 Q1	24.35 Billion CAD	-0.39%
2018 Q1	22.38 Billion CAD	2.66%
2018 FY	24.45 Billion CAD	12.17%
2018 Q4	24.45 Billion CAD	6.46%
2018 Q3	22.97 Billion CAD	-0.75%
2018 Q2	23.14 Billion CAD	3.4%
2017 FY	21.8 Billion CAD	-3.31%
2017 Q4	21.8 Billion CAD	1.78%
2017 Q2	21.95 Billion CAD	-0.82%
2017 Q3	21.42 Billion CAD	-2.45%
2017 Q1	22.14 Billion CAD	-1.81%
2016 FY	22.54 Billion CAD	87.81%
2016 Q1	11.62 Billion CAD	-3.21%
2016 Q3	12.35 Billion CAD	3.11%
2016 Q4	22.54 Billion CAD	82.49%
2016 Q2	11.98 Billion CAD	3.12%
2015 Q4	12 Billion CAD	0.82%
2015 Q1	11.88 Billion CAD	4.62%
2015 Q2	11.38 Billion CAD	-4.17%
2015 Q3	11.9 Billion CAD	4.58%
2015 FY	12 Billion CAD	5.71%
2014 Q2	7.66 Billion CAD	-0.75%
2014 Q4	11.35 Billion CAD	-16.49%
2014 FY	11.35 Billion CAD	46.24%
2014 Q1	7.72 Billion CAD	-0.54%
2014 Q3	13.59 Billion CAD	77.39%
2013 Q3	7.5 Billion CAD	0.68%
2013 FY	7.76 Billion CAD	22.03%
2013 Q2	7.45 Billion CAD	16.88%
2013 Q1	6.37 Billion CAD	0.19%
2013 Q4	7.76 Billion CAD	3.51%
2012 Q4	6.36 Billion CAD	0.57%
2012 FY	6.36 Billion CAD	10.7%
2012 Q3	6.32 Billion CAD	1.2%
2012 Q2	6.25 Billion CAD	1.13%
2012 Q1	6.18 Billion CAD	7.55%
2011 FY	5.74 Billion CAD	-1.86%
2011 Q3	5.63 Billion CAD	7.64%
2011 Q2	5.23 Billion CAD	-9.28%
2011 Q1	5.77 Billion CAD	-1.43%
2011 Q4	5.74 Billion CAD	1.97%
2010 Q1	5.23 Billion CAD	-6.58%
2010 Q4	5.85 Billion CAD	3.63%
2010 Q2	5.51 Billion CAD	5.27%
2010 Q3	5.65 Billion CAD	2.54%
2010 FY	5.85 Billion CAD	4.5%
2009 FY	5.6 Billion CAD	2.52%
2009 Q3	5.47 Billion CAD	4.45%
2009 Q4	5.6 Billion CAD	2.41%
2009 Q1	5.21 Billion CAD	-4.59%
2009 Q2	5.24 Billion CAD	0.46%
2008 Q4	5.46 Billion CAD	-1.1%
2008 Q2	5.26 Billion CAD	-3.98%
2008 FY	5.46 Billion CAD	-0.15%
2008 Q1	5.48 Billion CAD	0.07%
2008 Q3	5.52 Billion CAD	5.07%
2007 Q4	5.47 Billion CAD	2.16%
2007 Q1	2.6 Billion CAD	-3.54%
2007 Q3	5.36 Billion CAD	3.36%
2007 FY	5.47 Billion CAD	102.82%
2007 Q2	5.18 Billion CAD	99.12%
2006 FY	2.69 Billion CAD	23.71%
2006 Q3	2.29 Billion CAD	0.07%
2006 Q2	2.29 Billion CAD	1.96%
2006 Q1	2.25 Billion CAD	3.11%
2006 Q4	2.69 Billion CAD	17.59%
2005 Q1	2.02 Billion CAD	-1.98%
2005 FY	2.18 Billion CAD	5.42%
2005 Q4	2.18 Billion CAD	4.26%
2005 Q3	2.09 Billion CAD	-0.27%
2005 Q2	2.09 Billion CAD	3.43%
2004 Q3	2.02 Billion CAD	-8.88%
2004 Q1	1.07 Billion CAD	-3.18%
2004 FY	2.07 Billion CAD	86.7%
2004 Q4	2.07 Billion CAD	2.28%
2004 Q2	2.22 Billion CAD	106.93%
2003 Q4	1.1 Billion CAD	4.45%
2003 Q3	1.06 Billion CAD	1.5%
2003 Q2	1.04 Billion CAD	-10.7%
2003 Q1	1.17 Billion CAD	6.71%
2003 FY	1.1 Billion CAD	1.03%
2002 Q2	861.79 Million CAD	-7.02%
2002 Q3	946.62 Million CAD	9.84%
2002 Q4	1.09 Billion CAD	15.95%
2002 FY	1.09 Billion CAD	17.73%
2002 Q1	926.86 Million CAD	-0.59%
2001 Q2	829.23 Million CAD	-0.64%
2001 FY	932.33 Million CAD	23.28%
2001 Q1	834.56 Million CAD	10.36%
2001 Q4	932.33 Million CAD	8.49%
2001 Q3	859.36 Million CAD	3.63%
2000 Q4	756.24 Million CAD	15.18%
2000 FY	756.24 Million CAD	20.08%
2000 Q1	652.46 Million CAD	3.6%
2000 Q2	659.85 Million CAD	1.13%
2000 Q3	656.56 Million CAD	-0.5%
1999 Q3	433.37 Million CAD	0.81%
1999 Q1	430.94 Million CAD	-13.96%
1999 FY	629.76 Million CAD	25.73%
1999 Q2	429.89 Million CAD	-0.24%
1999 Q4	629.76 Million CAD	45.32%
1998 Q2	381.14 Million CAD	1.81%
1998 Q4	500.88 Million CAD	31.91%
1998 FY	500.88 Million CAD	3.21%
1998 Q1	374.38 Million CAD	-22.85%
1998 Q3	379.71 Million CAD	-0.38%
1997 Q3	344.65 Million CAD	-0.68%
1997 Q1	344.48 Million CAD	0.0%
1997 FY	485.29 Million CAD	0.0%
1997 Q2	347.01 Million CAD	0.73%
1997 Q4	485.29 Million CAD	40.81%
1995 FY	428.55 Million CAD	0.0%

Peer Net Debt Comparison of Fortis Inc.

Name	Net Debt	Net Debt Difference
Emera Incorporated	19.26 Billion CAD	-52.6%
Emera Incorporated	19.26 Billion CAD	-52.6%
Emera Incorporated	19.26 Billion CAD	-52.6%
Hydro One Limited	15.65 Billion CAD	-87.771%

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Fortis Inc. (FTS.TO)

Net Debt Summary of Fortis Inc.

Annual Net Debt Chart of Fortis Inc. (2023 - 1995)

Historical Annual Net Debt of Fortis Inc. (2023 - 1995)

Peer Net Debt Comparison of Fortis Inc.