Hydro One Limited (TSX:H)
Canada · Delayed Price · Currency is CAD 58.40
+0.14 (0.24%)
Jul 31, 2026, 4:00 PM EST
Hydro One Financials Overview
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 |
Revenue Revenue Growth | 9,281 | 9,041 | 8,484 | 7,844 | 7,780 | 7,225 |
Revenue Growth | 6.36% | 6.57% | 8.16% | 0.82% | 7.68% | -0.89% |
Gross Profit Gross Profit Growth | 3,388 | 3,349 | 3,033 | 2,838 | 2,798 | 2,534 |
Operating Income Operating Income Growth | 2,268 | 2,238 | 1,967 | 1,842 | 1,832 | 1,612 |
Net Income Net Income Growth | 1,382 | 1,339 | 1,156 | 1,094 | 1,058 | 973 |
Earnings Per Share EPS Growth | 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% |
| 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 |
Transmission Transmission Growth | 2,457 | 2,429 | 2,269 | 2,214 | 2,077 | 1,824 |
Distribution Distribution Growth | 6,766 | 6,557 | 6,175 | 5,582 | 5,660 | 5,359 |
Other Other Growth | 58 | 55 | 40 | 48 | 43 | 42 |
Revenue (Total) Revenue (Total) Growth | 9,281 | 9,041 | 8,484 | 7,844 | 7,780 | 7,225 |
| Fiscal Year | Current | 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 |
Cash & Investments Cash & Investments Growth | 37 | 549 | 716 | 79 | 530 | 540 |
Total Debt Total Debt Growth | 19,117 | 19,117 | 17,679 | 15,689 | 15,137 | 14,665 |
Net Cash (Debt) Net Cash Growth | -19,080 | -18,568 | -16,963 | -15,610 | -14,607 | -14,125 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -31.76 | -30.91 | -28.24 | -25.99 | -24.32 | -23.53 |
| 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 |
Operating Cash Flow Operating Cash Flow Growth | 2,579 | 2,695 | 2,534 | 2,412 | 2,260 | 2,149 |
Capital Expenditures CapEx Growth | -3,035 | -2,970 | -2,720 | -2,345 | -1,966 | -1,928 |
Free Cash Flow Free Cash Flow Growth | -456 | -275 | -186 | 67 | 294 | 221 |
Free Cash Flow Growth | - | - | - | -77.21% | 33.03% | -29.17% |
| 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 |
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% |
Pretax Margin | 16.96% | 17.34% | 15.87% | 16.22% | 17.30% | 15.93% |
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% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 1, 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 |
Dividend Per Share Dividend Per Share Growth | 1.412 | 1.313 | 1.240 | 1.169 | 1.105 | 1.050 |
Dividend Per Share Growth | 6.01% | 5.93% | 6.09% | 5.76% | 5.25% | 5.00% |
Dividend Yield | 2.42% | 2.40% | 2.80% | 2.94% | 3.05% | 3.20% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 1, 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 |
PE Ratio | 25.61 | 24.50 | 23.06 | 21.93 | 20.73 | 20.44 |
Forward PE | 25.00 | 24.99 | 24.01 | 21.30 | 21.63 | 20.93 |
P/FCF Ratio | - | - | - | 354.98 | 73.86 | 89.08 |
PS Ratio | 3.78 | 3.62 | 3.13 | 3.03 | 2.79 | 2.72 |