Fortis (FTS) Tax Provisions (2015 - 2026)

Fortis (FTS) posted Tax Provisions of $81.7 million for Q1 2026, up 42.37% on a QoQ basis from $57.4 million in Q4 2025, and up 1.03% year-over-year from $80.8 million in Q1 2025.

Fortis (FTS) Tax Provisions (2015 - 2026) Analysis & Trends

Fortis' Tax Provisions history runs 12 years deep, the most recent figure standing at $81.7 million for Q1 2026.

  • Quarterly Tax Provisions rose 1.03% year-over-year to $81.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $281.7 million (up 8.9% YoY) and the FY2025 annual result came in at $281.8 million, up 13.78% from the prior year.
  • Tax Provisions was $81.7 million for Q1 2026 at Fortis, up from $57.4 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $87.4 million in Q4 2023 and bottomed at $36.5 million in Q2 2023.
  • A 5-year average of $64.9 million and a median of $66.6 million in 2024 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions surged 44.14% — and 2024, when it retreated 23.84%.
  • Fortis' Tax Provisions stood at $76.6 million in 2022, then advanced by 14.09% to $87.4 million in 2023, then decreased by 23.84% to $66.6 million in 2024, then retreated by 13.83% to $57.4 million in 2025, then surged by 42.37% to $81.7 million in 2026.
  • Business Quant data shows FTS's Tax Provisions at $81.7 million in Q1 2026, $57.4 million in Q4 2025, and $76.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 81.67 Mn
2 Dominion Energy 62.80 Bn 67.01 Bn - 175.00 Mn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn -47.00 Mn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 53.10 Mn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 60.00 Mn
7 Edison International 30.65 Bn 30.49 Bn - 682.00 Mn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 138.00 Mn
9 Hydro One 25.14 Bn 25.13 Bn - 29.90 Mn
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 85.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 81.67 Mn
Dec 31, 2025 57.37 Mn
Sep 30, 2025 76.30 Mn
Jun 30, 2025 66.40 Mn
Mar 31, 2025 80.84 Mn
Dec 31, 2024 66.57 Mn
Sep 30, 2024 60.84 Mn
Jun 30, 2024 50.45 Mn
Mar 31, 2024 74.95 Mn
Dec 31, 2023 87.41 Mn
Sep 30, 2023 68.63 Mn
Jun 30, 2023 36.48 Mn
Mar 31, 2023 73.97 Mn
Dec 31, 2022 76.62 Mn
Sep 30, 2022 49.84 Mn
Jun 30, 2022 41.57 Mn
Mar 31, 2022 52.89 Mn
Dec 31, 2021 53.15 Mn
Sep 30, 2021 38.93 Mn
Jun 30, 2021 39.05 Mn