Hydro One Limited (TSX:H)

Hydro One Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 26, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	32,490	26,537	23,783	21,715	19,687	17,120
Market Cap Growth	19.47%	11.58%	9.52%	10.30%	15.00%	14.42%
Enterprise Value	50,984	43,362	39,286	36,364	33,993	30,605
PE Ratio	24.96	22.96	21.92	20.68	20.40	9.67
PS Ratio	3.66	3.13	3.03	2.79	2.73	2.35
PB Ratio	2.56	2.18	2.02	1.91	1.79	1.61
P/FCF Ratio	-	-	-	81.64	89.08	54.87
P/OCF Ratio	12.84	10.47	9.86	9.61	9.16	8.43
EV/Sales Ratio	5.75	5.11	5.01	4.67	4.71	4.20
EV/EBITDA Ratio	16.16	15.08	14.58	13.83	14.18	12.60
EV/EBIT Ratio	23.34	22.05	21.33	19.85	21.09	18.33
EV/FCF Ratio	-83.58	-	-	136.71	153.82	98.09
Debt / Equity Ratio	1.48	1.46	1.34	1.33	1.34	1.36
Debt / EBITDA Ratio	5.97	6.13	5.81	5.75	6.10	5.91
Debt / FCF Ratio	-	-	-	57.11	66.67	46.28
Quick Ratio	0.41	0.56	0.45	0.43	0.51	0.61
Current Ratio	0.45	0.61	0.50	0.51	0.61	0.67
Asset Turnover	0.24	0.24	0.24	0.25	0.24	0.25
Return on Equity (ROE)	10.58%	9.73%	9.45%	9.46%	9.01%	17.52%
Return on Assets (ROA)	3.69%	3.54%	3.58%	3.70%	3.32%	3.64%
Return on Capital (ROIC)	4.49%	4.28%	4.26%	4.38%	3.97%	4.38%
Return on Capital Employed (ROCE)	6.30%	5.90%	6.10%	6.60%	5.90%	6.10%
Earnings Yield	4.02%	4.36%	4.56%	4.83%	4.90%	10.44%
FCF Yield	-1.88%	-1.92%	-0.61%	1.23%	1.12%	1.82%
Dividend Yield	2.47%	2.87%	3.11%	3.32%	3.59%	4.06%
Payout Ratio	59.42%	64.27%	64.52%	63.05%	65.18%	34.51%
Buyback Yield / Dilution	-0.02%	-0.02%	0.01%	-0.04%	-0.07%	-0.18%
Total Shareholder Return	2.46%	2.85%	3.12%	3.28%	3.52%	3.89%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.