Fortis (FTPSF) Deferred Taxes (2015 - 2026)
Fortis posted quarterly Deferred Taxes of $22.6 million for Q1 2026, down 50.85% year-on-year from $46.0 million in Q1 2025, and up 176.89% on a QoQ basis from -$29.4 million in Q4 2025.
Fortis (FTPSF) has 12 years of Deferred Taxes data on file, last reported at $22.6 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 50.85% year-over-year to $22.6 million; the trailing twelve-month figure through Mar 2026 stood at $162.0 million (up 18.24% YoY), and the FY2025 full-year result was $3.8 billion, up 3342.3% from the prior year.
- Deferred Taxes for Q1 2026 stood at $22.6 million, up from -$29.4 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $3.6 billion in Q2 2025 and bottomed at -$29.4 million in Q4 2025.
- The 5-year median for Deferred Taxes is $22.9 million (2023), against an average of $247.4 million.
- Peak annual rise in Deferred Taxes reached 23275.59% in 2025, while the deepest fall reached 356.34% in 2025.
- A 5-year view of Deferred Taxes shows it stood at $5.9 million in 2022, then surged by 1121.4% to $72.0 million in 2023, then sank by 108.95% to -$6.4 million in 2024, then tumbled by 356.34% to -$29.4 million in 2025, then jumped by 176.89% to $22.6 million in 2026.
- The last three Deferred Taxes figures came in at $22.6 million (Q1 2026), -$29.4 million (Q4 2025), and $122.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 22.61 Mn |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 284.00 Mn |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | -5.00 Mn |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 27.80 Mn |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 56.00 Mn |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | - |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 610.00 Mn |
| 10 | Fortis | - | - | 1.70 Bn | 22.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.61 Mn |
| Dec 31, 2025 | -29.40 Mn |
| Sep 30, 2025 | 122.80 Mn |
| Jun 30, 2025 | 3.59 Bn |
| Mar 31, 2025 | 46.00 Mn |
| Dec 31, 2024 | -6.44 Mn |
| Sep 30, 2024 | 82.10 Mn |
| Jun 30, 2024 | 15.35 Mn |
| Mar 31, 2024 | 22.26 Mn |
| Dec 31, 2023 | 71.98 Mn |
| Sep 30, 2023 | 88.77 Mn |
| Jun 30, 2023 | 17.87 Mn |
| Mar 31, 2023 | 22.93 Mn |
| Dec 31, 2022 | 5.89 Mn |
| Sep 30, 2022 | 91.24 Mn |
| Jun 30, 2022 | 25.10 Mn |
| Mar 31, 2022 | 18.16 Mn |
| Dec 31, 2021 | -21.42 Mn |
| Sep 30, 2021 | 86.59 Mn |
| Jun 30, 2021 | 15.46 Mn |
| Mar 31, 2021 | 36.34 Mn |
| Dec 31, 2020 | -37.59 Mn |
| Sep 30, 2020 | 117.07 Mn |
| Jun 30, 2020 | 43.27 Mn |
| Mar 31, 2020 | 44.01 Mn |
| Dec 31, 2019 | 2.25 Bn |
| Sep 30, 2019 | 2.19 Bn |
| Jun 30, 2019 | 65.77 Mn |
| Mar 31, 2019 | 2.05 Bn |
| Dec 31, 2018 | 2.03 Bn |
| Sep 30, 2018 | 1.94 Bn |
| Jun 30, 2018 | 58.91 Mn |
| Mar 31, 2018 | 1.84 Bn |
| Dec 31, 2017 | 1.81 Bn |
| Sep 30, 2017 | 2.71 Bn |
| Jun 30, 2017 | 75.86 Mn |
| Mar 31, 2017 | 2.51 Bn |
| Dec 31, 2016 | 29.24 Mn |
| Sep 30, 2016 | 1.69 Bn |
| Jun 30, 2016 | 21.72 Mn |
| Dec 31, 2015 | 44.96 Mn |
| Sep 30, 2015 | 49.77 Mn |
| Jun 30, 2015 | 39.01 Mn |