Fortis Inc. (FTS) Tax Rate (2015 - 2026)
Fortis (FTS) posted Tax Rate of 14.18% for the quarter ended Jun 30, 2026, down 2.99 percentage points from 17.16% a year earlier and down 2.44 percentage points from the prior quarter.
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Analysis
Fortis Inc. (FTS) Tax Rate (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Fortis was 15.85%, down 0.72 percentage points year-over-year; for the year ended Dec 31, 2025, it was 16.69%, up 0.78 percentage points from the prior year.
- Annual Tax Rate shows a five-year change of +2.44 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Fortis' Tax Rate was 15.92% in the year ended Dec 31, 2024 (-1.48 pp), 17.39% in the year ended Dec 31, 2023 (+1.36 pp), 16.03% in the year ended Dec 31, 2022 (+1.75 pp) and 14.28% in the year ended Dec 31, 2021 (+0.02 pp).
- Quarterly Tax Rate has run from a low of 12.41% in the quarter ended Jun 30, 2023 to a high of 26.40% in the quarter ended Sep 30, 2021 over five years.
- On a year-over-year basis, Tax Rate has declined in each of the last three quarters, with an average year-over-year change of -0.89 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was the quarter ended Sep 30, 2021, with a gain of 11.68 percentage points; the weakest was the quarter ended Sep 30, 2022, with a drop of 11.49 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 16.62% (quarter ended Mar 31, 2026), 14.16% (quarter ended Dec 31, 2025) and 18.13% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.18% |
| Mar 31, 2026 | 16.62% |
| Dec 31, 2025 | 14.16% |
| Sep 30, 2025 | 18.13% |
| Jun 30, 2025 | 17.16% |
| Mar 31, 2025 | 17.21% |
| Dec 31, 2024 | 17.10% |
| Sep 30, 2024 | 14.80% |
| Jun 30, 2024 | 15.13% |
| Mar 31, 2024 | 16.48% |
| Dec 31, 2023 | 21.48% |
| Sep 30, 2023 | 17.13% |
| Jun 30, 2023 | 12.41% |
| Mar 31, 2023 | 17.12% |
| Dec 31, 2022 | 19.85% |
| Sep 30, 2022 | 14.91% |
| Jun 30, 2022 | 13.84% |
| Mar 31, 2022 | 14.57% |
| Dec 31, 2021 | 15.30% |
| Sep 30, 2021 | 12.53% |
API Access
Fortis Inc. Tax Rate 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-rate&ticker=FTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();