Fortis FORFF
NYSE FORFF
$15.73 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
Dec 31, 2024 -9.00 Mn
Dec 31, 2023 9.00 Mn
Dec 31, 2022 9.00 Mn