FORTIS INC. (FTS) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2025-12-31..
- Stock-based compensation / revenue · 12 months: Value (m); Formula and calculation Share-based compensation / revenue. Period ending 2025-12-31..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated CAD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2025-12-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2025-12-31. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | (m) | Share-based compensation / revenue. Period ending 2025-12-31. Calculation unavailable: missing inputs remain (m). |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated CAD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 11.90B CAD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | (m) | |
| Operating income | 3.49B CAD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (CAD) | Revenue (CAD) | Stock-based compensation (CAD) | Operating income (CAD) | Interest expense · reported / estimated (CAD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | (m) | 11.90B | (m) | 3.49B | (m) | (m) | (m) | (m) | (m) |
| 2025-06-30 | (m) | 11.61B | (m) | 3.43B | (m) | (m) | (m) | (m) | (m) |
| 2024-12-31 | (m) | 11.24B | (m) | 3.29B | (m) | (m) | (m) | (m) | (m) |
| 2024-06-30 | (m) | 11.04B | (m) | 3.21B | (m) | (m) | (m) | (m) | (m) |
| 2023-12-31 | (m) | 11.16B | (m) | 3.08B | 1.30B | (m) | (m) | 2.36× | Reported |
| 2023-06-30 | (m) | 11.50B | (m) | 2.93B | 1.22B | (m) | (m) | 2.41× | Reported |
| 2022-12-31 | (m) | 10.91B | (m) | 2.74B | 1.10B | (m) | (m) | 2.49× | Reported |
| 2022-06-30 | (m) | 9.90B | (m) | 2.53B | 1.02B | (m) | (m) | 2.48× | Reported |
| 2021-12-31 | (m) | 9.25B | (m) | 2.47B | 1.00B | (m) | (m) | 2.46× | Reported |
| 2021-06-30 | (m) | 8.95B | (m) | 2.48B | 1.03B | (m) | (m) | 2.40× | Reported |
| 2020-12-31 | (m) | 8.74B | (m) | 2.51B | 1.04B | (m) | (m) | 2.41× | Reported |
| 2020-06-30 | (m) | 8.66B | (m) | 2.53B | 1.02B | (m) | (m) | 2.48× | Reported |
| 2019-12-31 | (m) | 8.60B | (m) | 3.04B | 1.03B | (m) | (m) | 2.94× | Reported |
| 2019-06-30 | (m) | 8.62B | (m) | 2.94B | 1.03B | (m) | (m) | 2.86× | Reported |
| 2018-12-31 | (m) | 8.33B | (m) | 2.37B | 974.00M | (m) | (m) | 2.43× | Reported |
| 2018-06-30 | (m) | 8.20B | (m) | 2.42B | 932.00M | (m) | (m) | 2.60× | Reported |
| 2017-12-31 | (m) | 8.30B | (m) | 2.50B | 914.00M | (m) | (m) | 2.74× | Reported |
| 2017-06-30 | (m) | 7.87B | (m) | 2.08B | 846.00M | (m) | (m) | 2.46× | Reported |
| 2016-12-31 | (m) | 6.84B | (m) | 1.48B | 678.00M | (m) | (m) | 2.19× | Reported |
| 2016-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-12-31 | (m) | 6.76B | (m) | 1.42B | 553.00M | (m) | (m) | 2.57× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.