Fortis (FINCF) Tax Provisions (2015 - 2026)

Fortis (FINCF) reported Tax Provisions of $81.7 million for Q1 2026, up 1.03% on a YoY basis from $80.8 million in Q1 2025, and up 42.37% quarter-over-quarter from $57.4 million in Q4 2025.

Fortis (FINCF) Tax Provisions (2015 - 2026) Analysis & Trends

Fortis has reported Tax Provisions for 12 years, with the latest figure at $81.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 1.03% year-over-year to $81.7 million; the trailing twelve-month figure through Mar 2026 stood at $281.7 million (up 8.9% YoY), and the FY2025 full-year result was $281.8 million, up 13.78% from the prior year.
  • Tax Provisions for Q1 2026 stood at $81.7 million, up from $57.4 million in the prior quarter.
  • The five-year high for Tax Provisions was $87.4 million in Q4 2023, with the low at $36.5 million in Q2 2023.
  • Historically, Tax Provisions has averaged $64.9 million across 5 years, with a median of $66.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Tax Provisions surged 44.14% — and 2024, when it dropped 23.84%.
  • Fortis' Tax Provisions stood at $76.6 million in 2022, then rose by 14.09% to $87.4 million in 2023, then fell by 23.84% to $66.6 million in 2024, then declined by 13.83% to $57.4 million in 2025, then soared by 42.37% to $81.7 million in 2026.
  • The last three Tax Provisions figures came in at $81.7 million (Q1 2026), $57.4 million (Q4 2025), and $76.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 81.67 Mn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 48.00 Mn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn -47.00 Mn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 53.10 Mn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 60.00 Mn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 682.00 Mn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 138.00 Mn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 85.00 Mn
10 Fortis - - 1.70 Bn 81.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 81.67 Mn
Dec 31, 2025 57.37 Mn
Sep 30, 2025 76.30 Mn
Jun 30, 2025 66.40 Mn
Mar 31, 2025 80.84 Mn
Dec 31, 2024 66.57 Mn
Sep 30, 2024 60.84 Mn
Jun 30, 2024 50.45 Mn
Mar 31, 2024 74.95 Mn
Dec 31, 2023 87.41 Mn
Sep 30, 2023 68.63 Mn
Jun 30, 2023 36.48 Mn
Mar 31, 2023 73.97 Mn
Dec 31, 2022 76.62 Mn
Sep 30, 2022 49.84 Mn
Jun 30, 2022 41.57 Mn
Mar 31, 2022 52.89 Mn
Dec 31, 2021 53.15 Mn
Sep 30, 2021 38.93 Mn
Jun 30, 2021 39.05 Mn