Fortis (FORFF) Long-Term Deferred Tax (2022 - 2024)
Fortis' (FORFF) quarterly Long-Term Deferred Tax came in at -$9.0 million in Q4 2024, down 200.0% on a YoY basis from $9.0 million in Q1 2024, and down 200.0% quarter-over-quarter from $9.0 million in Q4 2023.
Analysis
Fortis (FORFF) Long-Term Deferred Tax (2022 - 2024) Analysis & Trends
Fortis (FORFF) has reported Long-Term Deferred Tax for 3 consecutive years, with -$9.0 million the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Long-Term Deferred Tax fell 200.0% year-over-year to -$9.0 million; the trailing twelve-month figure through Dec 2024 stood at -$9.0 million (down 200.0% YoY), and the FY2024 full-year result was -$9.0 million, down 200.0% from the prior year.
- Long-Term Deferred Tax eased to -$9.0 million in Q4 2024 per FORFF's latest filing, from $9.0 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $9.0 million in Q4 2022 and bottomed at -$9.0 million in Q4 2024.
- Historically, Long-Term Deferred Tax has averaged $3.0 million across 3 years, with a median of $9.0 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Long-Term Deferred Tax changed 0.0% in 2023, then slumped 200.0% in 2024.
- Over 3 years, Long-Term Deferred Tax stood at $9.0 million in 2022, then changed by 0.0% to $9.0 million in 2023, then plunged by 200.0% to -$9.0 million in 2024.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered -$9.0 million, $9.0 million, and $9.0 million for Q4 2024, Q4 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn |
| 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 |
| 10 | Fortis | 7.98 Bn | 9.27 Bn | 1.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -9.00 Mn |
| Dec 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | 9.00 Mn |