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What changed in Fortis Inc.'s latest annual report

In the year ended 31 Dec 2025, Fortis Inc.'s revenue rose 5.8% to CAD 11.90bn, from CAD 11.24bn; cash and cash equivalents rose 66.8% to CAD 367.00m, from CAD 220.00m; total liabilities rose 2.8% to CAD 48.96bn, from CAD 47.63bn.

Year ended 31 Dec 2025. Source: 40-F filed 12 Feb 2026, read it on SEC EDGAR.

CAD 11.24bn to CAD 11.90bn

Revenue, up 5.8% year on year

The figures, year on year

Annual figures as reported to the SEC. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
RevenueCAD 11.24bnCAD 11.90bnUp 5.8%
Total assetsCAD 73.49bnCAD 74.83bnUp 1.8%
Total liabilitiesCAD 47.63bnCAD 48.96bnUp 2.8%
Long-term debtCAD 31.22bnCAD 30.72bnDown 1.6%
Cash and cash equivalentsCAD 220.00mCAD 367.00mUp 66.8%
Shareholders' equityCAD 23.81bnCAD 23.81bnUnchanged

Questions people ask

Did Fortis Inc.'s revenue grow last year?

Revenue grew 5.8%, from CAD 11.24bn to CAD 11.90bn in the year ended 31 Dec 2025.

How much cash and debt does Fortis Inc. have?

At its latest year end (31 Dec 2025), Fortis Inc. reported cash and cash equivalents of CAD 367.00m and long-term debt of CAD 30.72bn.

Where do these numbers come from?

From Fortis Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Fortis Inc. (FTS) 40-F: what changed year on year | LYNORIQ Insights