Fortis Inc. Quarterly Income Tax Expense (Benefit) in CAD from Q2 2016 to Q2 2024

Taxonomy & unit
us-gaap: CAD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Fortis Inc. annual/quarterly Income Tax Expense (Benefit) history and growth rate from Q2 2016 to Q2 2024.
  • Fortis Inc. Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was CA$69M, a 40.8% increase year-over-year.
  • Fortis Inc. annual Income Tax Expense (Benefit) for 2024 was CA$346M, a 3.89% decline from 2023.
  • Fortis Inc. annual Income Tax Expense (Benefit) for 2023 was CA$360M, a 24.6% increase from 2022.
  • Fortis Inc. annual Income Tax Expense (Benefit) for 2022 was CA$289M, a 23.5% increase from 2021.
Income Tax Expense (Benefit), Quarterly (CAD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 69M +20M +40.8% Apr 1, 2024 Jun 30, 2024 6-K 2024-07-31
Q2 2023 49M -4M -7.55% Apr 1, 2023 Jun 30, 2023 6-K 2024-07-31
Q2 2022 53M +5M +10.4% Apr 1, 2022 Jun 30, 2022 6-K 2023-08-02
Q2 2021 48M -10M -17.2% Apr 1, 2021 Jun 30, 2021 6-K 2022-07-28
Q2 2020 58M -67M -53.6% Apr 1, 2020 Jun 30, 2020 6-K 2021-07-29
Q2 2019 125M +64M +105% Apr 1, 2019 Jun 30, 2019 6-K 2020-07-30
Q2 2018 61M -41M -40.2% Apr 1, 2018 Jun 30, 2018 6-K 2019-08-02
Q2 2017 102M +74M +264% Apr 1, 2017 Jun 30, 2017 6-K 2018-07-31
Q2 2016 28M Apr 1, 2016 Jun 30, 2016 6-K 2017-07-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.