Hydro One Limited (TSX:H)
Canada · Delayed Price · Currency is CAD 56.78
+0.42 (0.75%)
Jun 18, 2026, 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
| 9,281 | 9,041 | 8,484 | 7,844 | 7,780 | 7,225 | |
Revenue Growth (YoY) | 6.36% | 6.57% | 8.16% | 0.82% | 7.68% | -0.89% |
Fuel and Purchased Power Expense | 4,690 | 4,486 | 4,143 | 3,652 | 3,724 | 3,579 |
Operations and Maintenance Expenses | 1,203 | 1,206 | 1,308 | 1,354 | 1,258 | 1,112 |
Gross Profit | 3,388 | 3,349 | 3,033 | 2,838 | 2,798 | 2,534 |
Depreciation & Amortization Expenses | 1,120 | 1,111 | 1,066 | 996 | 966 | 922 |
Operating Income | 2,268 | 2,238 | 1,967 | 1,842 | 1,832 | 1,612 |
Interest Income | -2 | 9 | - | - | - | - |
Interest Expense | -692 | -679 | -621 | -570 | -486 | -461 |
Total Non-Operating Income (Expense) | -694 | -670 | -621 | -570 | -486 | -461 |
Pretax Income | 1,574 | 1,568 | 1,346 | 1,272 | 1,346 | 1,151 |
Provision for Income Taxes | 192 | 219 | 181 | 178 | 288 | 178 |
Net Income | 1,382 | 1,349 | 1,165 | 1,094 | 1,058 | 973 |
Minority Interest in Earnings | 4 | 10 | 9 | - | - | - |
Net Income to Common | 624 | 1,339 | 1,156 | 1,094 | 1,058 | 973 |
Net Income Growth | 11.83% | 15.83% | 5.67% | 3.40% | 8.74% | -45.82% |
Shares Outstanding (Basic) | 600 | 600 | 599 | 599 | 599 | 598 |
Shares Outstanding (Diluted) | 601 | 601 | 601 | 601 | 601 | 600 |
Shares Change (YoY) | 0.01% | 0.01% | 0.02% | -0.01% | 0.04% | 0.07% |
EPS (Basic) | 2.28 | 2.23 | 1.93 | 1.81 | 1.75 | 1.61 |
EPS (Diluted) | 2.28 | 2.23 | 1.92 | 1.81 | 1.75 | 1.61 |
EPS Growth | 11.77% | 16.15% | 6.08% | 3.43% | 8.70% | -45.42% |
Free Cash Flow | -456 | -275 | -186 | 67 | 294 | 221 |
Free Cash Flow Growth | - | - | - | -77.21% | 33.03% | -29.17% |
Free Cash Flow Per Share | -0.76 | -0.46 | -0.31 | 0.11 | 0.49 | 0.37 |
Dividends Per Share | 1.337 | 1.313 | 1.240 | 1.169 | 1.105 | 1.050 |
Dividend Growth | 1.76% | 5.93% | 6.09% | 5.76% | 5.25% | 5.00% |
Gross Margin | 36.50% | 37.04% | 35.75% | 36.18% | 35.96% | 35.07% |
Operating Margin | 24.44% | 24.75% | 23.18% | 23.48% | 23.55% | 22.31% |
Profit Margin | 14.89% | 14.92% | 13.73% | 13.95% | 13.60% | 13.47% |
FCF Margin | -4.91% | -3.04% | -2.19% | 0.85% | 3.78% | 3.06% |
EBITDA | 3,250 | 3,204 | 2,887 | 2,708 | 2,663 | 2,427 |
EBITDA Margin | 35.02% | 35.44% | 34.03% | 34.52% | 34.23% | 33.59% |
EBIT | 2,268 | 2,238 | 1,967 | 1,842 | 1,832 | 1,612 |
EBIT Margin | 24.44% | 24.75% | 23.18% | 23.48% | 23.55% | 22.31% |
Effective Tax Rate | 12.20% | 13.97% | 13.45% | 13.99% | 21.40% | 15.46% |