Hydro One Limited (TSX:H)
Canada · Delayed Price · Currency is CAD 53.80
-0.35 (-0.65%)
Nov 18, 2025, 4:00 PM EST
Hydro One Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
Operating Revenue | 8,826 | 8,444 | 7,796 | 7,737 | 7,183 | 7,247 | Upgrade |
Other Revenue | 42 | 40 | 48 | 43 | 42 | 43 | Upgrade |
| 8,868 | 8,484 | 7,844 | 7,780 | 7,225 | 7,290 | Upgrade | |
Revenue Growth (YoY) | 5.97% | 8.16% | 0.82% | 7.68% | -0.89% | 12.50% | Upgrade |
Fuel & Purchased Power | 4,259 | 4,143 | 3,652 | 3,724 | 3,579 | 3,854 | Upgrade |
Operations & Maintenance | 1,321 | 1,308 | 1,354 | 1,258 | 1,112 | 882 | Upgrade |
Depreciation & Amortization | 1,110 | 1,066 | 996 | 966 | 922 | 884 | Upgrade |
Total Operating Expenses | 6,690 | 6,517 | 6,002 | 5,948 | 5,613 | 5,620 | Upgrade |
Operating Income | 2,178 | 1,967 | 1,842 | 1,832 | 1,612 | 1,670 | Upgrade |
Interest Expense | -663 | -627 | -566 | -474 | -463 | -466 | Upgrade |
Interest Income | 18 | 24 | 12 | 7 | 3 | 5 | Upgrade |
Net Interest Expense | -645 | -603 | -554 | -467 | -460 | -461 | Upgrade |
Other Non-Operating Income (Expenses) | -17 | -18 | -16 | -19 | -1 | -10 | Upgrade |
EBT Excluding Unusual Items | 1,522 | 1,346 | 1,272 | 1,346 | 1,151 | 1,199 | Upgrade |
Total Merger & Restructuring Charges | - | - | - | - | - | -138 | Upgrade |
Other Unusual Items | - | - | - | - | - | -50 | Upgrade |
Pretax Income | 1,522 | 1,346 | 1,272 | 1,346 | 1,151 | 1,011 | Upgrade |
Income Tax Expense | 206 | 181 | 178 | 288 | 178 | -785 | Upgrade |
Earnings From Continuing Ops. | 1,316 | 1,165 | 1,094 | 1,058 | 973 | 1,796 | Upgrade |
Minority Interest in Earnings | -10 | -9 | -9 | -8 | -8 | -8 | Upgrade |
Net Income | 1,306 | 1,156 | 1,085 | 1,050 | 965 | 1,788 | Upgrade |
Preferred Dividends & Other Adjustments | - | - | - | - | - | 18 | Upgrade |
Net Income to Common | 1,306 | 1,156 | 1,085 | 1,050 | 965 | 1,770 | Upgrade |
Net Income Growth | 14.86% | 6.54% | 3.33% | 8.81% | -46.03% | 124.62% | Upgrade |
Shares Outstanding (Basic) | 600 | 599 | 599 | 599 | 598 | 597 | Upgrade |
Shares Outstanding (Diluted) | 601 | 601 | 601 | 601 | 600 | 600 | Upgrade |
Shares Change (YoY) | 0.02% | 0.02% | -0.01% | 0.04% | 0.07% | 0.18% | Upgrade |
EPS (Basic) | 2.18 | 1.93 | 1.81 | 1.75 | 1.61 | 2.96 | Upgrade |
EPS (Diluted) | 2.17 | 1.92 | 1.81 | 1.75 | 1.61 | 2.95 | Upgrade |
EPS Growth | 14.81% | 6.08% | 3.43% | 8.70% | -45.42% | 126.92% | Upgrade |
Free Cash Flow | -610 | -509 | -146 | 266 | 221 | 312 | Upgrade |
Free Cash Flow Per Share | -1.01 | -0.85 | -0.24 | 0.44 | 0.37 | 0.52 | Upgrade |
Dividend Per Share | 1.289 | 1.239 | 1.169 | 1.105 | 1.050 | 1.000 | Upgrade |
Dividend Growth | 4.93% | 6.01% | 5.76% | 5.25% | 5.00% | 4.17% | Upgrade |
Profit Margin | 14.73% | 13.63% | 13.83% | 13.50% | 13.36% | 24.28% | Upgrade |
Free Cash Flow Margin | -6.88% | -6.00% | -1.86% | 3.42% | 3.06% | 4.28% | Upgrade |
EBITDA | 3,129 | 2,876 | 2,694 | 2,630 | 2,397 | 2,430 | Upgrade |
EBITDA Margin | 35.28% | 33.90% | 34.34% | 33.80% | 33.18% | 33.33% | Upgrade |
D&A For EBITDA | 951 | 909 | 852 | 798 | 785 | 760 | Upgrade |
EBIT | 2,178 | 1,967 | 1,842 | 1,832 | 1,612 | 1,670 | Upgrade |
EBIT Margin | 24.56% | 23.18% | 23.48% | 23.55% | 22.31% | 22.91% | Upgrade |
Effective Tax Rate | 13.54% | 13.45% | 13.99% | 21.40% | 15.47% | - | Upgrade |
Revenue as Reported | 8,868 | 8,484 | 7,844 | 7,780 | 7,225 | 7,290 | Upgrade |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.