Fortis (FTS) Long-Term Deferred Tax (2022 - 2024)

Fortis (FTS) has reported Long-Term Deferred Tax for 3 consecutive years, with -$9.0 million the latest figure, recorded in Q4 2024.

• For the quarter ending Q4 2024, Long-Term Deferred Tax fell 200.0% year-over-year to -$9.0 million; the trailing twelve-month figure through Dec 2024 stood at -$9.0 million (down 200.0% YoY), and the FY2024 full-year result was -$9.0 million, down 200.0% from the prior year.
• Long-Term Deferred Tax eased to -$9.0 million in Q4 2024 per FTS's latest filing, from $9.0 million in the prior quarter.
• Across five years, Long-Term Deferred Tax topped out at $9.0 million in Q4 2022 and bottomed at -$9.0 million in Q4 2024.
• Historically, Long-Term Deferred Tax has averaged $3.0 million across 3 years, with a median of $9.0 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Long-Term Deferred Tax changed 0.0% in 2023, then slumped 200.0% in 2024.
• Over 3 years, Long-Term Deferred Tax stood at $9.0 million in 2022, then changed by 0.0% to $9.0 million in 2023, then plunged by 200.0% to -$9.0 million in 2024.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered -$9.0 million, $9.0 million, and $9.0 million for Q4 2024, Q4 2023, and Q4 2022 respectively.