HRNNFOTCElectric ServicesFiscal year ends December 31Also trades as HYNLY
Hydro One Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 13, 2026
$37.23−0.66 (-1.74%)
Close on Oct 19, 2026
Hydro One statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available, median of Electric Services companies for comparison
Income (trailing twelve months)
| Measure | Hydro One | Industry median |
|---|---|---|
| Revenue | C$9.04B | C$9.04B |
| Gross Profit | C$4.56B | C$4.56B |
| Operating Income | C$2.24B | C$2.87B |
| Pretax Income | C$1.57B | C$1.57B |
| EBITDA | C$3.20B | C$4.41B |
| EPS (Diluted) | 2.23 CAD | 3.33 CAD |
Margins
| Measure | Hydro One | Industry median |
|---|---|---|
| Gross Margin | 50.4% | 59.0% |
| Operating Margin | 24.8% | 26.7% |
| Pretax Margin | 17.3% | 17.3% |
| EBITDA Margin | 35.4% | 41.4% |
| FCF Margin | -3.04% | -15.4% |
Returns
| Measure | Hydro One | Industry median |
|---|---|---|
| Return on Invested Capital (ROIC) | 6.39% | 5.92% |
| Return on Capital Employed (ROCE) | 6.20% | 5.70% |
Growth
| Measure | Hydro One | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 6.57% | 7.19% |
| EPS Growth (YoY) | 16.1% | 4.94% |
| Revenue Growth (3Y CAGR) | 5.13% | 4.97% |
| Revenue Growth (5Y CAGR) | 4.40% | 5.39% |
| EPS Growth (3Y CAGR) | 8.41% | |
| EPS Growth (5Y CAGR) | -5.44% |
Balance sheet
| Measure | Hydro One | Industry median |
|---|---|---|
| Cash & Short-Term Investments | C$549.00M | C$349.00M |
| Total Debt | C$19.12B | C$19.12B |
| Net Cash (Debt) | -C$18.57B | -C$18.57B |
| Net Cash Per Share | -30.96 CAD | -30.96 CAD |
| Equity (Book Value) | C$12.65B | C$13.38B |
| Book Value Per Share | 21.09 CAD | 25.71 CAD |
| Tangible Book Value | C$11.62B | C$7.91B |
| Working Capital | -C$1.42B | -C$2.24B |
Financial position
| Measure | Hydro One | Industry median |
|---|---|---|
| Current Ratio | 0.61 | 0.61 |
| Quick Ratio | 0.45 | 0.30 |
| Debt / Equity | 1.51 | 1.51 |
| Debt / EBITDA | 5.97 | 5.56 |
| Net Debt / EBITDA | 5.80 | 5.40 |
| Interest Coverage | 0.20 | 2.04 |
Cash flow (trailing twelve months)
| Measure | Hydro One | Industry median |
|---|---|---|
| Operating Cash Flow | C$2.70B | C$2.70B |
| Capital Expenditures | -C$2.97B | -C$3.53B |
| Free Cash Flow | -C$275.00M | -C$1.73B |
| FCF Per Share | -0.46 CAD | -2.55 CAD |
Efficiency
| Measure | Hydro One | Industry median |
|---|---|---|
| Asset Turnover | 0.24 | 0.20 |
Dividends and yields
| Measure | Hydro One | Industry median |
|---|---|---|
| Dividend Per Share | 1.31 CAD | |
| Dividend Growth (YoY) | 5.65% | |
| Years of Dividend Growth | 8 |
Shares
| Measure | Hydro One | Industry median |
|---|---|---|
| Shares Outstanding | 599,782,000 | 507,340,000 |
| Shares Change (YoY) | 0.01% | 0.10% |
| Float | 599,782,000 | 507,325,000 |
| Shares Held by Insiders | 0.00% | 0.00% |
| Shares Held by Institutions | 0.00% | 58.9% |
Taxes
| Measure | Hydro One | Industry median |
|---|---|---|
| Income Tax | C$219.00M | C$81.00M |
| Effective Tax Rate | 14.0% | 10.4% |
Scores
| Measure | Hydro One | Industry median |
|---|---|---|
| Graham Number | 32.53 CAD | 53.19 CAD |
Calculated by StockData from Hydro One's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.