Canadian Utilities Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	13,147	11,626	9,464	8,640	9,892	9,882
Market Cap Growth	38.31%	22.85%	9.54%	-12.66%	0.10%	16.49%
Enterprise Value	26,346	24,440	21,885	20,069	20,430	20,117
Last Close Price	48.19	42.73	34.85	31.89	36.65	36.69
PE Ratio	313.03	284.87	23.55	13.69	17.79	30.32
Forward PE	19.16	17.23	14.62	13.79	15.89	17.10
PEG Ratio	3.30	4.53	5.32	275.81	5.48	4.27
PS Ratio	3.56	3.15	2.53	2.28	2.44	2.81
PB Ratio	1.99	1.82	1.37	1.24	1.44	1.49
P/TBV Ratio	2.05	1.82	1.37	1.24	1.44	1.50
P/FCF Ratio	21.14	18.69	22.16	14.90	10.80	15.44
P/OCF Ratio	6.38	5.64	4.94	4.85	4.62	5.75
EV/Sales Ratio	7.14	6.62	5.85	5.29	5.05	5.72
EV/EBITDA Ratio	14.07	12.51	12.39	15.19	16.90	21.40
EV/EBIT Ratio	22.05	37.03	20.72	15.19	16.90	21.40
EV/FCF Ratio	42.36	39.29	51.25	34.60	22.30	31.43
Debt / Equity Ratio	1.82	1.82	1.55	1.40	1.34	1.35
Debt / EBITDA Ratio	6.34	6.34	6.29	8.02	7.93	10.18
Debt / FCF Ratio	19.91	19.91	26.03	18.26	10.47	14.95
Net Debt / Equity Ratio	1.80	1.80	1.55	1.47	1.29	1.33
Net Debt / EBITDA Ratio	5.87	5.87	6.07	7.71	7.36	9.38
Net Debt / FCF Ratio	18.42	18.42	25.11	17.56	9.71	13.77
Asset Turnover	0.15	0.15	0.16	0.17	0.19	0.17
Quick Ratio	1.36	1.36	0.94	0.82	1.20	1.07
Current Ratio	1.56	1.56	1.10	1.01	1.42	1.22
Return on Equity (ROE)	1.90%	1.90%	6.88%	10.08%	9.20%	5.87%
Return on Assets (ROA)	1.76%	1.76%	3.54%	4.59%	4.28%	3.38%
Return on Invested Capital (ROIC)	1.86%	1.86%	3.73%	4.90%	4.62%	3.63%
Return on Capital Employed (ROCE)	2.87%	2.87%	4.76%	6.23%	6.00%	4.81%
Earnings Yield	0.32%	0.35%	4.25%	7.31%	5.62%	3.30%
FCF Yield	4.73%	5.35%	4.51%	6.71%	9.26%	6.48%
Dividend Yield	3.83%	4.29%	5.00%	5.32%	4.66%	4.81%
Payout Ratio	1226.67%	418.49%	98.54%	64.78%	72.78%	121.12%
Buyback Yield / Dilution	-0.22%	-0.22%	-0.41%	-0.24%	0.24%	1.08%
Total Shareholder Return	3.61%	4.07%	4.60%	5.08%	4.90%	5.89%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.