Hydro One Limited

As of June 30, 2026, Hydro One Ltd carries a market capitalization of 24.78B, placing it among publicly traded companies globally. Its enterprise value stands at 38.57B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Hydro One Ltd's next confirmed earnings release is scheduled for November 10, 2026.

As of June 30, 2026, Hydro One Ltd has 600.10M shares outstanding.

As of June 30, 2026, Hydro One Ltd trades at a trailing price-to-earnings ratio of 24.85. The price-to-sales ratio is 3.69, and the price-to-book ratio stands at 2.71.

As of June 30, 2026, Hydro One Ltd trades at an EV/EBITDA multiple of 16.45 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.75 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 23.48 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Hydro One Ltd trades at an EV/FCF ratio of 16.73, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 38.57B versus a market cap of 24.78B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Hydro One Ltd maintains a current ratio of 0.88, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 153.16, indicating elevated leverage, while an interest coverage ratio of 4.77 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Hydro One Ltd posted a return on equity (ROE) of 11.15, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.41 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.59, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.31, useful for judging operating efficiency across full business cycles. The company generates approximately 731,380.33 in revenue per employee across its workforce of 9,168.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 189.88 indicates how many times Hydro One Ltd sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Hydro One Ltd recorded 140.92M in income tax expense. That works out to an effective tax rate of 12.29, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.15B, leaving 997.03M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Hydro One Ltd's stock has gained approximately 4.45% over the past 52 weeks. The 50-day moving average sits at 37.68, while the 200-day moving average is 40.05.

Over the twelve months ended June 30, 2026, Hydro One Ltd generated 6.71B in revenue and converted that into 997.03M in net income, yielding earnings per share of 1.67. EBITDA reached 2.34B, while operating income came in at 1.72B.

As of June 30, 2026, Hydro One Ltd holds 453.07M in cash and equivalents against 14.16B in total debt, resulting in a net debt position of 13.66B. Total book value stands at 9.16B, with working capital of -221.95M providing operational flexibility.

Hydro One Ltd produced 1.87B in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, Hydro One Ltd posted a gross margin of 36.16, reflecting its pricing power and cost economics. The operating margin of 25.70 and net profit margin of 14.87 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Hydro One Ltd paid dividends of 0.95 per share. The dividend payout ratio of 56.43 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 7.56, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -3.08, meaning Hydro One Ltd raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of June 30, 2026, Hydro One Ltd has an Altman Z-Score of 1.44, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.