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

Fortis (FORFF) Tax Provisions (2014 - 2026)

Fortis' (FORFF) quarterly Tax Provisions came in at $54.9 million in Q2 2026, down 17.25% on a YoY basis from $66.4 million in Q2 2025, and down 32.73% quarter-over-quarter from $81.7 million in Q1 2026.

Analysis

Fortis (FORFF) Tax Provisions (2014 - 2026) Analysis & Trends

Fortis (FORFF) has reported Tax Provisions for 13 consecutive years, with $54.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions fell 17.25% year-over-year to $54.9 million; the trailing twelve-month figure through Jun 2026 stood at $270.3 million (down 1.59% YoY), and the FY2025 full-year result was $281.8 million, up 13.78% from the prior year.
  • Tax Provisions eased to $54.9 million in Q2 2026 per FORFF's latest filing, from $81.7 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $87.4 million in Q4 2023 and bottomed at $36.5 million in Q2 2023.
  • Historically, Tax Provisions has averaged $64.3 million across 5 years, with a median of $66.5 million in 2024.
  • The widest YoY moves for Tax Provisions: up 44.14% in 2022, down 39.22% in 2022.
  • Over 5 years, Tax Provisions stood at $76.6 million in 2022, then advanced by 14.09% to $87.4 million in 2023, then decreased by 23.84% to $66.6 million in 2024, then retreated by 13.83% to $57.4 million in 2025, then decreased by 4.23% to $54.9 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $54.9 million, $81.7 million, and $57.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Enel Chile 308.83 Bn 308.83 Bn 890.00 Mn -98.00 Mn
2 Dominion Energy 57.69 Bn 56.90 Bn 3.50 Bn 122.00 Mn
3 Xcel Energy 47.51 Bn 45.50 Bn 3.12 Bn -60.00 Mn
4 Wec Energy 34.60 Bn 34.55 Bn 1.45 Bn 27.00 Mn
5 Ameren 29.35 Bn 29.34 Bn - 52.00 Mn
6 Firstenergy 26.64 Bn 26.45 Bn 2.51 Bn 92.00 Mn
7 Hydro One 22.94 Bn 22.55 Bn - 49.88 Mn
8 Edison International 22.35 Bn 22.11 Bn 3.29 Bn 114.00 Mn
9 Cms Energy 21.20 Bn 20.96 Bn 3.65 Bn 118.00 Mn
10 Fortis 7.98 Bn 9.27 Bn 1.60 Bn 54.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 54.94 Mn
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 82.00 Mn