Fortis (FORFF) Current Taxes (2015 - 2026)
Fortis' (FORFF) quarterly Current Taxes came in at $2.9 billion in Q2 2026, up 7.35% on a YoY basis from $2.7 billion in Q2 2025, and up 2.13% quarter-over-quarter from $2.8 billion in Q1 2026.
Analysis
Fortis (FORFF) Current Taxes (2015 - 2026) Analysis & Trends
Fortis (FORFF) has reported Current Taxes for 12 consecutive years, with $2.9 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Taxes rose 7.35% year-over-year to $2.9 billion; the trailing twelve-month figure through Jun 2026 stood at $2.9 billion (up 7.35% YoY), and the FY2025 full-year result was -$452.0 million, up 24.03% from the prior year.
- Current Taxes climbed to $2.9 billion in Q2 2026 per FORFF's latest filing, from $2.8 billion in the prior quarter.
- Across five years, Current Taxes topped out at $2.9 billion in Q2 2026 and bottomed at -$666.0 million in Q3 2024.
- Historically, Current Taxes has averaged $1.6 billion across 5 years, with a median of $2.5 billion in 2022.
- The widest YoY moves for Current Taxes: up 643.37% in 2024, down 125.54% in 2024.
- Over 5 years, Current Taxes stood at $2.4 billion in 2022, then grew by 1.54% to $2.5 billion in 2023, then gained by 6.54% to $2.6 billion in 2024, then climbed by 3.26% to $2.7 billion in 2025, then gained by 5.55% to $2.9 billion in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $2.9 billion, $2.8 billion, and $2.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | - |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 416.00 Mn |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | - |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 149.00 Mn |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 738.00 Mn |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | - |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | - |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 498.00 Mn |
| 10 | Fortis | 7.98 Bn | 9.27 Bn | 1.60 Bn | 2.88 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.88 Bn |
| Mar 31, 2026 | 2.82 Bn |
| Dec 31, 2025 | 2.73 Bn |
| Sep 30, 2025 | 195.00 Mn |
| Jun 30, 2025 | 2.69 Bn |
| Mar 31, 2025 | -554.00 Mn |
| Dec 31, 2024 | 2.65 Bn |
| Sep 30, 2024 | -666.00 Mn |
| Jun 30, 2024 | 2.53 Bn |
| Mar 31, 2024 | 2.55 Bn |
| Dec 31, 2023 | 2.48 Bn |
| Sep 30, 2023 | 2.61 Bn |
| Jun 30, 2023 | 2.40 Bn |
| Mar 31, 2023 | -469.00 Mn |
| Dec 31, 2022 | 2.45 Bn |
| Sep 30, 2022 | 364.00 Mn |
| Jun 30, 2022 | 2.39 Bn |
| Mar 31, 2022 | -449.00 Mn |
| Dec 31, 2021 | 2.27 Bn |
| Sep 30, 2021 | -471.00 Mn |