Fortis Inc. (FTS) Tax Provisions (2015 - 2026)
Fortis (FTS) reported Tax Provisions of $54.94 million for the quarter ended Jun 30, 2026, down 17.3% from $66.4 million a year earlier and down 32.7% from the prior quarter.
Fortis Inc. (FTS) Tax Provisions (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Fortis' Tax Provisions came in at $270.28 million, down 1.6% year-over-year; for the year ended Dec 31, 2025, it was $281.28 million, up 13.6% from the prior year.
- Tax Provisions has a five-year compound annual growth rate of 9.7% (years ended Dec 2020 to Dec 2025).
- By year, Tax Provisions came in at $247.68 million in the year ended Dec 31, 2024 (-7.2%), $266.82 million in the year ended Dec 31, 2023 (+20.0%), $222.29 million in the year ended Dec 31, 2022 (+19.7%) and $185.64 million in the year ended Dec 31, 2021 (+4.8%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Tax Provisions since the quarter ended Jun 30, 2024.
- Year over year, Tax Provisions gained in four of the last eight quarters, with an average year-over-year change of 0.0%.
- The high point for year-over-year Tax Provisions in five years was the quarter ended Sep 30, 2021 (growth of 88.4%); the low point was the quarter ended Sep 30, 2022 (a decline of 39.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $81.67 million (quarter ended Mar 31, 2026), $57.37 million (quarter ended Dec 31, 2025) and $76.3 million (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.94 Mn |
| 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 |
Fortis Inc. Tax Provisions 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=tax-provisions&ticker=FTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();