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    Utilities

  3. •

    Electric utilities
Hydro One Limited

Hydro One Limited

54.40
CAD
+1.48
(+2.80%)
2.38EPS
24.82P/E
35.13BMarket Cap
Nov 10Next Earn
Hydro One Limited
NEO:H
(Cboe Canada)

Recent

price

54.40

P/E

ratio

24.82

div

yld

2.49%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CAD
51,240
54,710
57,280
10.21
13.7
13.17
11.01
10.06
10.32
10.86
12.2
12.08
13
13.1
14.16
15.08
15.87
Revenue per Share
5,910
6,410
7,450
1.35
1.53
1.39
1.21
1.11
-0.15
1.3
2.96
1.61
1.75
1.81
1.93
2.23
2.36
Basic EPS, GAAP
11,640
14,070
12,940
2.36
2.63
-2.51
2.78
2.88
2.64
2.71
3.4
3.59
3.78
4.03
4.23
4.49
4.43
Free Cash Flow per Basic Share
280
1,680
3,700
0.37
0.6
1.79
1
0.9
0.94
0.99
1.03
1.05
1.11
1.17
1.24
1.31
1.35
Dividend per Share
56,580
61,310
65,070
11.92
12.7
15.85
16.13
16.4
15.36
15.7
17.63
18.2
18.88
19.5
20.17
21.09
21.65
Book Value per Share
53,280
57,740
61,070
11.17
11.94
15.01
15
15.23
14.13
14.39
16.14
16.62
17.25
17.78
18.44
19.37
19.97
Tangible Book Value per Share
- -
- -
- -
595
478
496
595
595
596
596
597
598
599
599
599
600
600
Basic Weighted Avg Shares
5,124
5,471
5,728
6,074
6,548
6,538
6,552
5,990
6,150
6,480
7,290
7,225
7,780
7,844
8,484
9,041
9,517
Sales/Revenue/Turnover
19.3
22.32
22.92
22.51
20.14
19.94
21.18
22.47
23.11
22.16
22.03
24.21
26.21
25.32
25.04
26.39
25.7
Operating Margin (%)
526
550
570
581
618
649
668
703
725
752
760
785
798
852
909
963
995
Depreciation Expense
591
641
745
803
749
703
740
676
-71
796
1,788
965
1,050
1,085
1,156
1,339
1,415
Net Income, GAAP
8.66
18.96
13.97
11.95
10.65
12.84
15.71
14
107.65
- -
- -
15.46
21.4
13.99
13.45
13.97
12.29
Effective Tax Rate (%)
11.53
11.72
13.01
13.22
11.44
10.75
11.29
11.29
-1.15
12.28
24.53
13.36
13.5
13.83
13.63
14.81
14.87
Profit Margin (%)
-351
-543
-470
67
-265
-1,831
-1,015
-1,721
-1,537
-1,819
-990
-1,152
-1,792
-1,366
-1,384
-1,416
-315
Working Capital
7,278
7,408
7,879
8,301
8,373
8,207
10,078
9,802
10,467
10,891
12,796
13,063
13,073
14,747
16,370
18,121
19,555
LT Debt
5,981
6,454
6,830
7,415
7,947
9,924
10,089
10,253
9,643
9,869
10,628
10,976
11,392
11,765
12,173
12,746
13,118
Total Equity
6.93
6.63
7.17
7.13
6.65
5.74
5.3
5.04
-0.47
- -
- -
5.47
5.61
5.9
5.96
6.24
6.41
Return on Invested Capital (%)
7
6.57
7.08
7.06
6.55
5.48
5.09
4.82
-0.52
- -
- -
5.27
5.42
5.79
5.9
6.17
6.31
Return on Capital (%)
10.99
10.87
11.79
11.81
9.98
8.12
7.58
6.8
-0.94
8.4
17.78
9.01
9.46
9.44
9.73
10.83
11.15
Return on Common Equity (%)

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,039
1,038
536
LT Borrowings
18,092
18,093
19,503
LT Finance Leases
29
26
52
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
600
600
600
Market Capitalization
32,562
34,463
35,130

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,174
1,707
2,356
Cash, Cash Equivalents & STI
549
37
643
Accounts Receivable, Net
467
552
528
Inventories
31
29
31
Total Current Liabilities
3,590
3,182
2,671
Payables & Accruals
1,997
1,646
1,648
ST Debt
1,039
1,038
536
Deferred Revenue
313
322
375

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.59%
3.7%
4.71%
Free Cash Flow
-17.99%
5.83%
6.35%
Net Income, GAAP
-122.19%
-2.3%
15.83%
Sales/Revenue/Turnover
3.45%
4.47%
6.57%
Total Cash Common Dividend
-0.12%
5.64%
6.06%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,166
2,031
2,192
2,095
8,484
2025
2,408
2,066
2,299
2,268
9,041
2026
2,648
2,302
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.49
0.49
0.62
0.33
1.93
2025
0.6
0.55
0.7
0.39
2.23
2026
0.65
0.62
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.31
0.32
0.31
1.24
2025
0.31
0.33
0.33
0.33
1.31
2026
0.33
0.35
- -
- -
- -
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Business
Hydro One Limited functions as Ontario’s principal electricity transmission and distribution provider through its wholly-owned subsidiaries. The company strategically organizes its operations across three primary segments: Transmission, Distribution, and Other. It maintains and manages an extensive high-voltage transmission grid spanning approximately 30,000 circuit kilometers, alongside a vast low-voltage primary distribution network reaching roughly 126,000 circuit kilometers throughout the province. This comprehensive infrastructure enables Hydro One to deliver power to around 1.5 million residential, small business, commercial, and industrial customers, covering a significant portion of Ontario’s geographic area. Beyond its core electricity services, the enterprise also offers telecommunications support, and a range of information and communications technology solutions. Founded in 2015, the firm is headquartered in Toronto, Canada, and continues to invest substantially in modernizing and expanding its network, including recent projects like the Welland Thorold Power Line, which incorporates a unique First Nation 50-50 Equity Partnership Model. Hydro One’s business model is largely rate-regulated, ensuring stable cash flows and predictable growth as it commits to an $11.8 billion capital plan for 2023-2027 to enhance grid reliability and support Ontario's energy future.

Company News

Company News APIChatGPT

  • prnewswire.com

    Hydro One submits five-year investment plan to the Ontario Energy Board to support reliability, security and growth

  • defenseworld.net

    Reviewing Hydro One (OTCMKTS:HRNNF) and Evergy (NASDAQ:EVRG)

  • marketbeat.com

    Hydro One Q2 Earnings Call Highlights

  • prnewswire.com

    Hydro One reports second quarter results

  • prnewswire.com

    Hydro One Limited Declares Quarterly Common Share Dividend

  • prnewswire.com

    Hydro One seeks approval from the Ontario Energy Board to build the Durham Kawartha Power Line

  • prnewswire.com

    /C O R R E C T I O N -- Hydro One Limited/

  • prnewswire.com

    Hydro One Limited welcomes new President and CEO and announces election of Directors

  • prnewswire.com

    Hydro One seeks approval from the Ontario Energy Board to build the Orléans Area Reinforcement Project

  • prnewswire.com

    Hydro One Inc. announces pricing of inaugural offering of US$ 1.0 billion of 5-year senior notes

  • prnewswire.com

    Hydro One seeks approval from the Ontario Energy Board to build the Northeast Power Line and the Longwood to Lakeshore Transmission Line

  • marketbeat.com

    Hydro One Q1 Earnings Call Highlights

  • seekingalpha.com

    Hydro One Limited (H:CA) Q1 2026 Earnings Call Transcript

  • prnewswire.com

    Hydro One reports first quarter results

  • prnewswire.com

    Hydro One Limited Declares Quarterly Common Share Dividend

  • prnewswire.com

    Hydro One highlights safety performance, Indigenous procurement and partnerships in its 2025 Sustainability Report

  • prnewswire.com

    Ontario designates Hydro One to invest in the Red Lake Transmission Line

  • prnewswire.com

    Hydro One to Release First Quarter 2026 Results on May 13, 2026 Before Markets Open

  • defenseworld.net

    Hydro One (OTCMKTS:HRNNF) Trading Up 0.3% – Time to Buy?

  • prnewswire.com

    Hydro One receives regulatory decision regarding its 2026 Annual Update application