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Consolidated Net IncomeCost of RevenueDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesPreferred Dividend PaymentsProfit After TaxRevenueShares OutstandingShares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Ratios

Fortis (FTS) Tax Rate (2016 - 2026)

Fortis filings provide 12 years of Tax Rate readings, the most recent being 16.62% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 59.0% to 16.62% in Q1 2026 year-over-year; TTM through Mar 2026 was 16.53%, a 40.0% increase, with the full-year FY2025 number at 16.69%, up 78.0% from a year prior.
  • Tax Rate hit 16.62% in Q1 2026 for Fortis, up from 14.16% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 21.48% in Q4 2023 to a low of 12.41% in Q2 2023.
  • Median Tax Rate over the past 5 years was 16.62% (2026), compared with a mean of 16.36%.
  • Biggest five-year swings in Tax Rate: soared 455bps in 2022 and later tumbled -438bps in 2024.
  • Fortis' Tax Rate stood at 19.85% in 2022, then rose by 8bps to 21.48% in 2023, then dropped by -20bps to 17.1% in 2024, then fell by -17bps to 14.16% in 2025, then grew by 17bps to 16.62% in 2026.
  • The last three reported values for Tax Rate were 16.62% (Q1 2026), 14.16% (Q4 2025), and 18.13% (Q3 2025) per Business Quant data.