Hydro One Limited (TSX:H)
Canada · Delayed Price · Currency is CAD 55.10
+0.04 (0.07%)
Aug 20, 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 | Jun '26 Jun 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 |
Operating Revenue | 9,453 | 8,986 | 8,444 | 7,796 | 7,737 | 7,183 |
Other Revenue | 64 | 55 | 40 | 48 | 43 | 42 |
| 9,517 | 9,041 | 8,484 | 7,844 | 7,780 | 7,225 | |
Revenue Growth | 8.63% | 6.57% | 8.16% | 0.82% | 7.68% | -0.89% |
Fuel & Purchased Power | 4,862 | 4,486 | 4,143 | 3,652 | 3,724 | 3,579 |
Operations & Maintenance | 1,214 | 1,206 | 1,308 | 1,354 | 1,258 | 1,112 |
Depreciation & Amortization | 1,112 | 1,111 | 1,066 | 996 | 966 | 922 |
Total Operating Expenses | 7,188 | 6,803 | 6,517 | 6,002 | 5,948 | 5,613 |
Operating Income | 2,329 | 2,238 | 1,967 | 1,842 | 1,832 | 1,612 |
Interest Expense | -702 | -677 | -627 | -566 | -474 | -463 |
Interest Income | 16 | 17 | 24 | 12 | 7 | 3 |
Net Interest Expense | -686 | -660 | -603 | -554 | -467 | -460 |
Income (Loss) on Equity Investments | 2 | 9 | - | - | - | - |
Other Non-Operating Income (Expenses) | -18 | -19 | -18 | -16 | -19 | -1 |
EBT Excluding Unusual Items | 1,627 | 1,568 | 1,346 | 1,272 | 1,346 | 1,151 |
Pretax Income | 1,627 | 1,568 | 1,346 | 1,272 | 1,346 | 1,151 |
Income Tax Expense | 200 | 219 | 181 | 178 | 288 | 178 |
Earnings From Continuing Ops. | 1,427 | 1,349 | 1,165 | 1,094 | 1,058 | 973 |
Minority Interest in Earnings | -12 | -10 | -9 | -9 | -8 | -8 |
Net Income | 1,415 | 1,339 | 1,156 | 1,085 | 1,050 | 965 |
Net Income to Common | 1,415 | 1,339 | 1,156 | 1,085 | 1,050 | 965 |
Net Income Growth | 12.66% | 15.83% | 6.54% | 3.33% | 8.81% | -45.48% |
Shares Outstanding (Basic) | 600 | 600 | 599 | 599 | 599 | 598 |
Shares Outstanding (Diluted) | 601 | 601 | 601 | 601 | 601 | 600 |
Shares Change | 0.00% | 0.01% | 0.02% | -0.01% | 0.04% | 0.07% |
EPS (Basic) | 2.36 | 2.23 | 1.93 | 1.81 | 1.75 | 1.61 |
EPS (Diluted) | 2.36 | 2.23 | 1.92 | 1.81 | 1.75 | 1.61 |
EPS Growth | 12.86% | 16.15% | 6.08% | 3.43% | 8.70% | -45.42% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -485 | -488 | -509 | -146 | 266 | 221 |
Free Cash Flow Per Share | -0.81 | -0.81 | -0.85 | -0.24 | 0.44 | 0.37 |
Dividend Per Share | 1.350 | 1.313 | 1.240 | 1.169 | 1.105 | 1.050 |
Dividend Growth | 5.45% | 5.93% | 6.09% | 5.76% | 5.25% | 5.00% |
Profit Margin | 14.87% | 14.81% | 13.63% | 13.83% | 13.50% | 13.36% |
Free Cash Flow Margin | -5.10% | -5.40% | -6.00% | -1.86% | 3.42% | 3.06% |
EBITDA | 3,324 | 3,201 | 2,876 | 2,694 | 2,630 | 2,397 |
EBITDA Margin | 34.93% | 35.41% | 33.90% | 34.34% | 33.80% | 33.18% |
D&A For EBITDA | 995 | 963 | 909 | 852 | 798 | 785 |
EBIT | 2,329 | 2,238 | 1,967 | 1,842 | 1,832 | 1,612 |
EBIT Margin | 24.47% | 24.75% | 23.18% | 23.48% | 23.55% | 22.31% |
Effective Tax Rate | 12.29% | 13.97% | 13.45% | 13.99% | 21.40% | 15.47% |
Revenue as Reported | 9,517 | 9,041 | 8,484 | 7,844 | 7,780 | 7,225 |