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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |