Fortis (FORFF) Tax Rate (2015 - 2026)

Fortis (FORFF) has 12 years of Tax Rate data on file, last reported at 16.62% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 59.0% year-over-year to 16.62%; the trailing twelve-month figure through Mar 2026 stood at 16.53% (up 40.0% YoY), and the FY2025 full-year result was 16.69%, up 78.0% from the prior year.
• Tax Rate for Q1 2026 stood at 16.62%, up from 14.16% in the prior quarter.
• Across five years, Tax Rate topped out at 21.48% in Q4 2023 and bottomed at 12.41% in Q2 2023.
• The 5-year median for Tax Rate is 16.62% (2026), against an average of 16.36%.
• The widest annual swing landed in 2022, when Tax Rate jumped 455 bps; it then tumbled 438 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 19.85% in 2022, then advanced by 8 bps to 21.48% in 2023, then fell by 20 bps to 17.1% in 2024, then decreased by 17 bps to 14.16% in 2025, then rose by 17 bps to 16.62% in 2026.
• The last three Tax Rate figures came in at 16.62% (Q1 2026), 14.16% (Q4 2025), and 18.13% (Q3 2025), per Business Quant data.

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