Fortis Inc. (FTS) Deferred Taxes (2015 - 2026)
Fortis (FTS) posted Deferred Taxes of $24.58 million for the quarter ended Jun 30, 2026, down 41.3% from $41.86 million a year earlier but up 8.7% from the prior quarter.
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Analysis
Fortis Inc. (FTS) Deferred Taxes (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Deferred Taxes at Fortis was $140.59 million, down 14.0% year-over-year; for the year ended Dec 31, 2025, it came in at $180.36 million, up 63.6% from the prior year.
- Annual Deferred Taxes shows a five-year compound annual growth rate of 0.8% (years ended Dec 2020 to Dec 2025).
- In prior years, Fortis' Deferred Taxes was $110.24 million in the year ended Dec 31, 2024 (-45.3%), $201.6 million in the year ended Dec 31, 2023 (+44.0%), $139.99 million in the year ended Dec 31, 2022 (+20.0%) and $116.62 million in the year ended Dec 31, 2021 (-32.7%).
- Quarterly Deferred Taxes has run from a low of -$29.4 million in the quarter ended Dec 31, 2025 to a high of $122.8 million in the quarter ended Sep 30, 2025 over five years.
- On a year-over-year basis, Deferred Taxes increased in three of the last six quarters, with growth averaging 38.2%.
- The strongest year-over-year quarter for Deferred Taxes in the past five years was the quarter ended Jun 30, 2025, with growth of 172.6%; the weakest was the quarter ended Mar 31, 2026, with a decline of 50.9%.
- According to Business Quant data, Deferred Taxes for the three prior quarters was $22.61 million (quarter ended Mar 31, 2026), -$29.4 million (quarter ended Dec 31, 2025) and $122.8 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.58 Mn |
| Mar 31, 2026 | 22.61 Mn |
| Dec 31, 2025 | -29.40 Mn |
| Sep 30, 2025 | 122.80 Mn |
| Jun 30, 2025 | 41.86 Mn |
| 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 |
API Access
Fortis Inc. Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "FTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();