Hydro One Limited (TSX:H)
Canada · Delayed Price · Currency is CAD 57.23
+0.15 (0.26%)
Nov 13, 2026, 4:00 PM EST
Hydro One Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | 1,407 | 1,339 | 1,156 | 1,085 | 1,050 | 965 |
Depreciation & Amortization | 1,010 | 963 | 909 | 852 | 798 | 785 |
Other Amortization | 2 | 3 | 11 | 14 | 33 | 30 |
Change in Accounts Receivable | -186 | -169 | -81 | -63 | -72 | 18 |
Change in Inventory | -1 | -1 | 6 | -10 | -3 | 1 |
Change in Accounts Payable | -11 | 23 | 7 | 17 | 27 | -3 |
Change in Unearned Revenue | 47 | -23 | 125 | 151 | - | - |
Change in Other Net Operating Assets | 254 | 223 | 192 | 157 | 109 | 84 |
Other Operating Activities | 317 | 337 | 209 | 209 | 318 | 269 |
Operating Cash Flow | 2,839 | 2,695 | 2,534 | 2,412 | 2,260 | 2,149 |
Operating Cash Flow Growth | 12.17% | 6.35% | 5.06% | 6.73% | 5.17% | 5.86% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -3,162 | -3,183 | -3,043 | -2,558 | -1,994 | -1,928 |
Sale (Purchase) of Intangibles | -66 | -80 | -88 | -131 | -120 | -143 |
Investment in Securities | 30 | -261 | - | - | - | - |
Other Investing Activities | 19 | 7 | -1 | -4 | 29 | -6 |
Investing Cash Flow | -3,179 | -3,517 | -3,132 | -2,693 | -2,085 | -2,077 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Short-Term Debt Issued | - | 6,070 | 2,810 | 6,550 | 6,335 | 4,150 |
Long-Term Debt Issued | - | 2,698 | 2,781 | 2,375 | 750 | 900 |
Total Debt Issued | 6,132 | 8,768 | 5,591 | 8,925 | 7,085 | 5,050 |
Short-Term Debt Repaid | - | -6,170 | -2,890 | -7,650 | -6,000 | -3,905 |
Long-Term Debt Repaid | - | -1,150 | -700 | -731 | -603 | -804 |
Total Debt Repaid | -5,220 | -7,320 | -3,590 | -8,381 | -6,603 | -4,709 |
Net Debt Issued (Repaid) | 912 | 1,448 | 2,001 | 544 | 482 | 341 |
Issuance of Common Stock | - | 3 | 2 | 2 | 15 | 14 |
Common Dividends Paid | -823 | -788 | -743 | -700 | -662 | -629 |
Dividends Paid | -823 | -788 | -743 | -700 | -662 | -629 |
Other Financing Activities | -2 | -8 | -25 | -16 | -20 | -15 |
Financing Cash Flow | 87 | 655 | 1,235 | -170 | -185 | -289 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Cash Flow | -253 | -167 | 637 | -451 | -10 | -217 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | -323 | -488 | -509 | -146 | 266 | 221 |
Free Cash Flow Growth | - | - | - | - | 20.36% | -29.17% |
Free Cash Flow Margin | -3.33% | -5.40% | -6.00% | -1.86% | 3.42% | 3.06% |
Free Cash Flow Per Share | -0.54 | -0.81 | -0.85 | -0.24 | 0.44 | 0.37 |
Levered Free Cash Flow | -865.5 | -1,106 | -1,077 | -763.5 | -245.25 | -624.88 |
Unlevered Free Cash Flow | -416.13 | -683.25 | -684.63 | -409.75 | 51 | -335.5 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 Income Tax Paid | 197 | 45 | 35 | 48 | 33 | 20 |
Change in Working Capital | 103 | 53 | 249 | 252 | 61 | 100 |