FTS (Fortis) Long-Term Debt: $23,192 Mil (As of Jun. 2026)

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FTS Fortis Inc FTS
74 GF Score
Price $56.30
GF Value $47.48
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Fortis Long-Term Debt?

Fortis FTS 74 Long-Term Debt is $23,192 Mil as of Jun. 2026. GuruFocus rates FTS with a GF Score™ of 74/100 and a GF Value™ of $47.48 (Modestly Overvalued). The stock has 12 warning signs investors should review.

Fortis's Long-Term Debt for the quarter that ended in Jun. 2026 was $23,192 Mil.

Fortis's quarterly Long-Term Debt increased from Dec. 2025 ($22,271 Mil) to Mar. 2026 ($22,434 Mil) and increased from Mar. 2026 ($22,434 Mil) to Jun. 2026 ($23,192 Mil).

Fortis's annual Long-Term Debt increased from Dec. 2023 ($20,300 Mil) to Dec. 2024 ($21,916 Mil) and increased from Dec. 2024 ($21,916 Mil) to Dec. 2025 ($22,271 Mil).

Fortis  (NYSE:FTS) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Fortis Long-Term Debt Related Terms

Fortis Long-Term Debt Historical Data

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The historical data trend for Fortis's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortis Long-Term Debt Chart

Fortis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,521.09 19,087.97 20,300.39 21,916.19 22,271.11

Fortis Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22,478.05 23,197.20 22,271.11 22,433.67 23,191.54
FTS
74GF Score
Fortis Inc FTS
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $23,192 Mil mean?
Fortis (FTS) has a Long-Term Debt of $23,192 Mil as of Jun. 2026.
Is Fortis' Long-Term Debt too high?
Fortis' current Long-Term Debt is $23,192 Mil. Overall, Fortis has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortis' Long-Term Debt compare to NEE and SO?
Fortis' Long-Term Debt of $23,192 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for an Utilities - Regulated company?
A good Long-Term Debt depends on the Utilities - Regulated industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Fortis's current Long-Term Debt is $23,192 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis stock overvalued right now?
Based on GuruFocus' analysis, Fortis (FTS) is currently considered Modestly Overvalued. The stock's GF Value™ is $47.48, compared to a current price of $56.30 — trading 18.6% above its estimated fair value. The current Long-Term Debt is $23,192 Mil. Fortis' overall GF Score™ is 74/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Fortis (FTS), the current Long-Term Debt is $23,192 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortis (FTS) Overvalued in 2026?

Based on GuruFocus' analysis, Fortis stock appears to be overvalued. The current stock price of $56.30 is trading 18.6% above its estimated GF Value™ of $47.48. GuruFocus considers Fortis to be Modestly Overvalued.

Key valuation signals for FTS:

  • Long-Term Debt: $23,192 Mil
  • GF Value™: $47.48 vs. price of $56.30 (18.6% above fair value)
  • GF Score™: 74/100 with 12 warning signs

No single metric tells the full story. See the FTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortis Business Description

Address 5 Springdale Street, Suite 1100, Fortis Place, Saint John’s, NL, CAN, A1B 3T2
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
74GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.30
Price
$47.48
GF Value