Fortis (FTRSF) Non-Current Deferred Tax Liability (2015 - 2025)
Fortis (FTRSF) reported Non-Current Deferred Tax Liability of $5.0 billion for Q4 2025, up 38.51% on a YoY basis from $3.6 billion in Q4 2024, and up 38.51% quarter-over-quarter from $3.6 billion in Q4 2024.
Fortis (FTRSF) Non-Current Deferred Tax Liability (2015 - 2025) Analysis & Trends
Fortis has reported Non-Current Deferred Tax Liability for 11 years, with the latest figure at $5.0 billion in Q4 2025.
- For the quarter ending Q4 2025, Non-Current Deferred Tax Liability rose 38.51% year-over-year to $5.0 billion; the trailing twelve-month figure through Dec 2025 stood at $5.0 billion (up 38.51% YoY), and the FY2025 full-year result was $5.0 billion, up 38.51% from the prior year.
- Non-Current Deferred Tax Liability for Q4 2025 stood at $5.0 billion, up from $3.6 billion in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $5.0 billion in Q4 2025, with the low at $154.1 million in Q3 2022.
- Historically, Non-Current Deferred Tax Liability has averaged $3.0 billion across 5 years, with a median of $3.1 billion in 2022.
- Annual changes were most pronounced in 2021 — Non-Current Deferred Tax Liability retreated 19.05% — and 2025, when it soared 38.51%.
- Fortis' Non-Current Deferred Tax Liability stood at $2.9 billion in 2021, then grew by 3.95% to $3.0 billion in 2022, then grew by 8.03% to $3.2 billion in 2023, then gained by 11.21% to $3.6 billion in 2024, then surged by 38.51% to $5.0 billion in 2025.
- The last three Non-Current Deferred Tax Liability figures came in at $5.0 billion (Q4 2025), $3.6 billion (Q4 2024), and $3.2 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn |
| 10 | Fortis | - | - | 1.70 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.98 Bn |
| Dec 31, 2025 | 4.98 Bn |
| Dec 31, 2024 | 3.59 Bn |
| Dec 31, 2024 | 3.59 Bn |
| Dec 31, 2023 | 3.23 Bn |
| Dec 31, 2023 | 3.23 Bn |
| Dec 31, 2022 | 2.99 Bn |
| Dec 31, 2022 | 2.99 Bn |
| Sep 30, 2022 | 154.12 Mn |
| Sep 30, 2022 | 154.12 Mn |
| Dec 31, 2021 | 2.88 Bn |
| Dec 31, 2021 | 2.88 Bn |
| Dec 31, 2020 | 3.55 Bn |
| Dec 31, 2020 | 3.55 Bn |
| Dec 31, 2019 | 2.25 Bn |
| Dec 31, 2019 | 2.25 Bn |
| Dec 31, 2018 | 3.09 Bn |
| Dec 31, 2018 | 3.09 Bn |
| Dec 31, 2017 | 2.87 Bn |
| Dec 31, 2017 | 2.87 Bn |