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| Date | Value |
|---|---|
| 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 |