Fortis (FTS) Non-Current Deferred Tax Liability (2015 - 2026)
Fortis (FTS) posted quarterly Non-Current Deferred Tax Liability of $4.1 billion for Q2 2026, up 12.9% year-over-year from $3.6 billion in Q2 2025, and up 6.78% on a QoQ basis from $3.8 billion in Q4 2025.
Fortis (FTS) Non-Current Deferred Tax Liability (2015 - 2026) Analysis & Trends
Fortis has reported Non-Current Deferred Tax Liability for 12 years, with the latest figure at $4.1 billion in Q2 2026.
- Non-Current Deferred Tax Liability for Q2 2026 came in at $4.1 billion, up 12.9% year-over-year; the trailing twelve-month figure through Jun 2026 was $4.1 billion (up 12.9% YoY), and the FY2025 annual result was $3.8 billion, down 19.64% from the prior year.
- Non-Current Deferred Tax Liability rose to $4.1 billion in Q2 2026, from $3.8 billion in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $4.7 billion in Q4 2024 and troughed at $154.1 million in Q3 2022.
- A 5-year average of $3.4 billion and a median of $3.7 billion in 2025 frame the typical range for Non-Current Deferred Tax Liability.
- The widest annual swing landed in 2024, when Non-Current Deferred Tax Liability grew 13.83%; it then dropped 19.64% in 2025.
- A 5-year view of Non-Current Deferred Tax Liability shows it stood at $4.2 billion in 2022, then climbed by 3.41% to $4.3 billion in 2023, then climbed by 9.12% to $4.7 billion in 2024, then declined by 19.64% to $3.8 billion in 2025, then grew by 6.78% to $4.1 billion in 2026.
- Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $4.1 billion in Q2 2026, $3.8 billion in Q4 2025, and $3.6 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.05 Bn |
| Jun 30, 2026 | 4.05 Bn |
| Dec 31, 2025 | 4.98 Bn |
| Dec 31, 2025 | 4.98 Bn |
| Jun 30, 2025 | 3.59 Bn |
| Jun 30, 2025 | 3.59 Bn |
| Dec 31, 2024 | 4.72 Bn |
| Dec 31, 2024 | 4.72 Bn |
| Jun 30, 2024 | 3.40 Bn |
| Jun 30, 2024 | 3.40 Bn |
| Dec 31, 2023 | 4.33 Bn |
| Dec 31, 2023 | 4.33 Bn |
| Jun 30, 2023 | 2.99 Bn |
| Jun 30, 2023 | 2.99 Bn |
| Dec 31, 2022 | 4.19 Bn |
| Dec 31, 2022 | 4.19 Bn |
| Sep 30, 2022 | 154.12 Mn |
| Sep 30, 2022 | 154.12 Mn |
| Jun 30, 2022 | 2.98 Bn |
| Jun 30, 2022 | 2.98 Bn |