Fortis Inc. (FTS) Non-Current Deferred Tax Liability (2015 - 2026)
Fortis' Non-Current Deferred Tax Liability came in at $4.05 billion for the quarter ended Jun 30, 2026, up 12.9% from $3.59 billion a year earlier and up 2.9% from the prior quarter.
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Analysis
Fortis Inc. (FTS) Non-Current Deferred Tax Liability (2015 - 2026) Analysis & Trends
As of Dec 31, 2025, Fortis' Non-Current Deferred Tax Liability was $3.79 billion, up 68.5% from the prior year.
- Going back by year, Non-Current Deferred Tax Liability was $2.25 billion in the year ended Dec 31, 2024 (-31.1%), $3.26 billion in the year ended Dec 31, 2023 (+4.4%), $3.12 billion in the year ended Dec 31, 2022 and -$3.63 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Non-Current Deferred Tax Liability in data going back to the quarter ended Dec 31, 2015.
- Year-over-year, Non-Current Deferred Tax Liability has increased for three consecutive quarters, with growth averaging 28.6% over the last eight quarters.
- The fastest year-over-year change in Non-Current Deferred Tax Liability over five years came in the quarter ended Sep 30, 2024 (growth of 167.3%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 92.9%).
- Business Quant data shows FTS's Non-Current Deferred Tax Liability at $3.94 billion (quarter ended Mar 31, 2026), $3.79 billion (quarter ended Dec 31, 2025) and $242 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.94 Bn |
| Mar 31, 2026 | 3.88 Bn |
| Dec 31, 2025 | 3.86 Bn |
| Sep 30, 2025 | 3.70 Bn |
| Jun 30, 2025 | 3.63 Bn |
| Mar 31, 2025 | 3.55 Bn |
| Dec 31, 2024 | 3.50 Bn |
| Sep 30, 2024 | 3.51 Bn |
| Jun 30, 2024 | 3.40 Bn |
| Mar 31, 2024 | 3.35 Bn |
| Dec 31, 2023 | 3.33 Bn |
| Sep 30, 2023 | 3.11 Bn |
| Jun 30, 2023 | 3.03 Bn |
| Mar 31, 2023 | 3.03 Bn |
| Dec 31, 2022 | 3.00 Bn |
| Sep 30, 2022 | 2.93 Bn |
| Jun 30, 2022 | 2.95 Bn |
| Mar 31, 2022 | 2.93 Bn |
| Dec 31, 2021 | 2.85 Bn |
| Sep 30, 2021 | 2.80 Bn |
API Access
Fortis Inc. Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();