Fortis Inc Net Asset Quality Index
Fortis Inc net asset quality index. Fortis Inc (FTS) has a Net Asset Quality Index of 34.9% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$78.76 Billion minus total liabilities of CA$51.30 Billion yields net assets of CA$27.46 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check earnings quality score of Fortis Inc to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Fortis Inc (1995–2025)
Net asset quality index of Fortis Inc from 1995 to 2025. This chart shows how Fortis Inc's Net Asset Quality Index has evolved across 30 annual periods from 1995 to 2025. As of June 2026, the index stands at 34.9%, representing net assets of CA$27.46 Billion against total assets of CA$78.76 Billion CAD. See Fortis Inc (FTS) net assets for net asset value and shareholders' equity analysis.
Fortis Inc Net Asset Quality Index by Year (1995–2025)
Fortis Inc net asset quality index by year from 1995 to 2025. The table below presents the year-by-year Net Asset Quality Index for Fortis Inc from 1995 to 2025, covering 30 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market value of Fortis Inc.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 34.6% | CA$25.87 Billion | CA$74.83 Billion | CA$48.96 Billion | ▲ +0.1 pp |
| 2024 | 34.4% | CA$25.85 Billion | CA$75.06 Billion | CA$49.21 Billion | ▼ -0.2 pp |
| 2023 | 34.6% | CA$23.33 Billion | CA$67.41 Billion | CA$44.08 Billion | ▼ -0.1 pp |
| 2022 | 34.7% | CA$22.84 Billion | CA$65.87 Billion | CA$43.03 Billion | ▼ -0.8 pp |
| 2021 | 35.4% | CA$20.92 Billion | CA$59.01 Billion | CA$38.10 Billion | ▼ -0.3 pp |
| 2020 | 35.7% | CA$20.28 Billion | CA$56.77 Billion | CA$36.49 Billion | ▼ -1.0 pp |
| 2019 | 36.7% | CA$20.11 Billion | CA$54.80 Billion | CA$34.68 Billion | ▲ +2.8 pp |
| 2018 | 33.9% | CA$18.46 Billion | CA$54.45 Billion | CA$35.99 Billion | ▼ -0.2 pp |
| 2017 | 34.1% | CA$16.75 Billion | CA$49.17 Billion | CA$32.42 Billion | ▲ +0.6 pp |
| 2016 | 33.5% | CA$16.45 Billion | CA$49.17 Billion | CA$32.72 Billion | ▼ -1.6 pp |
| 2015 | 35.0% | CA$10.35 Billion | CA$29.57 Billion | CA$19.21 Billion | ▲ +0.8 pp |
| 2014 | 34.2% | CA$9.11 Billion | CA$26.63 Billion | CA$17.52 Billion | ▼ -1.4 pp |
| 2013 | 35.6% | CA$6.38 Billion | CA$17.91 Billion | CA$11.53 Billion | ▼ -0.6 pp |
| 2012 | 36.2% | CA$5.41 Billion | CA$14.95 Billion | CA$9.54 Billion | ▲ +1.4 pp |
| 2011 | 34.8% | CA$4.94 Billion | CA$14.21 Billion | CA$9.27 Billion | ▲ +3.4 pp |
| 2010 | 31.4% | CA$4.05 Billion | CA$12.90 Billion | CA$8.85 Billion | ▼ -1.3 pp |
| 2009 | 32.8% | CA$3.98 Billion | CA$12.14 Billion | CA$8.16 Billion | ▼ -1.7 pp |
| 2008 | 34.5% | CA$3.85 Billion | CA$11.18 Billion | CA$7.33 Billion | ▲ +3.8 pp |
| 2007 | 30.7% | CA$3.15 Billion | CA$10.27 Billion | CA$7.12 Billion | ▼ -3.2 pp |
| 2006 | 33.8% | CA$1.84 Billion | CA$5.44 Billion | CA$3.60 Billion | ▼ -0.8 pp |
| 2005 | 34.6% | CA$1.57 Billion | CA$4.54 Billion | CA$2.97 Billion | ▲ +0.2 pp |
| 2004 | 34.4% | CA$1.36 Billion | CA$3.94 Billion | CA$2.58 Billion | ▼ -0.6 pp |
| 2003 | 35.0% | CA$774.43 Million | CA$2.21 Billion | CA$1.44 Billion | ▲ +3.6 pp |
| 2002 | 31.4% | CA$624.41 Million | CA$1.99 Billion | CA$1.36 Billion | ▲ +1.6 pp |
| 2001 | 29.9% | CA$485.06 Million | CA$1.62 Billion | CA$1.14 Billion | ▼ -0.1 pp |
| 2000 | 30.0% | CA$443.64 Million | CA$1.48 Billion | CA$1.03 Billion | ▼ -0.1 pp |
| 1999 | 30.1% | CA$374.25 Million | CA$1.24 Billion | CA$869.36 Million | ▼ -3.4 pp |
| 1998 | 33.5% | CA$347.11 Million | CA$1.04 Billion | CA$690.09 Million | ▲ +0.5 pp |
| 1997 | 32.9% | CA$334.97 Million | CA$1.02 Billion | CA$682.42 Million | ▼ -1.3 pp |
| 1995 | 34.2% | CA$313.69 Million | CA$916.41 Million | CA$602.72 Million | — |