Fortis (FTS) Non-Current Deferred Tax Liability (2015 - 2025)

Fortis (FTS) posted Non-Current Deferred Tax Liability of $3.8 billion for Q4 2025, down 19.64% on a QoQ basis from $4.7 billion in Q4 2024, and down 19.64% year-over-year from $4.7 billion in Q4 2024.

Fortis (FTS) Non-Current Deferred Tax Liability (2015 - 2025) Analysis & Trends

Fortis' Non-Current Deferred Tax Liability history runs 11 years deep, the most recent figure standing at $3.8 billion for Q4 2025.

  • Quarterly Non-Current Deferred Tax Liability fell 19.64% year-over-year to $3.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.8 billion (down 19.64% YoY) and the FY2025 annual result came in at $3.8 billion, down 19.64% from the prior year.
  • Non-Current Deferred Tax Liability was $3.8 billion for Q4 2025 at Fortis, down from $4.7 billion in the prior quarter.
  • Across five years, Non-Current Deferred Tax Liability topped out at $4.7 billion in Q4 2024 and bottomed at $154.1 million in Q3 2022.
  • A 5-year average of $3.0 billion and a median of $3.1 billion in 2022 frame the typical range for Non-Current Deferred Tax Liability.
  • Annual changes were most pronounced in 2024 — Non-Current Deferred Tax Liability surged 46.15% — and 2025, when it dropped 19.64%.
  • Fortis' Non-Current Deferred Tax Liability stood at $2.9 billion in 2021, then rose by 3.95% to $3.0 billion in 2022, then rose by 8.03% to $3.2 billion in 2023, then jumped by 46.15% to $4.7 billion in 2024, then retreated by 19.64% to $3.8 billion in 2025.
  • Business Quant data shows FTS's Non-Current Deferred Tax Liability at $3.8 billion in Q4 2025, $4.7 billion in Q4 2024, and $3.2 billion in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn
2 Dominion Energy 62.80 Bn 67.01 Bn -
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn -
6 Ameren 31.32 Bn 31.43 Bn -
7 Edison International 30.65 Bn 30.49 Bn -
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn
9 Hydro One 25.14 Bn 25.13 Bn -
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 3.79 Bn
Dec 31, 2025 3.79 Bn
Dec 31, 2024 4.72 Bn
Dec 31, 2024 4.72 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
Sep 30, 2018 179.77 Mn
Sep 30, 2018 179.77 Mn