Hydro One Limited (TSX:H)
55.10
+0.04 (0.07%)
Aug 20, 2026, 4:00 PM EST
Hydro One Ratios and Metrics
Market cap in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 20, 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 |
| 33,041 | 32,772 | 26,537 | 23,783 | 21,715 | 19,687 | |
Market Cap Growth | 8.46% | 23.50% | 11.58% | 9.52% | 10.30% | 15.00% |
Enterprise Value | 52,613 | 51,266 | 43,362 | 39,286 | 36,364 | 33,993 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 20, 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 | 23.34 | 24.48 | 22.96 | 21.92 | 20.68 | 20.40 |
PS Ratio | 3.47 | 3.63 | 3.13 | 3.03 | 2.79 | 2.73 |
PB Ratio | 2.52 | 2.57 | 2.18 | 2.02 | 1.91 | 1.79 |
P/FCF Ratio | - | - | - | - | 81.64 | 89.08 |
P/OCF Ratio | 12.42 | 12.16 | 10.47 | 9.86 | 9.61 | 9.16 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 20, 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 |
EV/Sales Ratio | 5.53 | 5.67 | 5.11 | 5.01 | 4.67 | 4.71 |
EV/EBITDA Ratio | 15.74 | 16.02 | 15.08 | 14.58 | 13.83 | 14.18 |
EV/EBIT Ratio | 22.57 | 22.91 | 22.05 | 21.33 | 19.85 | 21.09 |
EV/FCF Ratio | - | - | - | - | 136.71 | 153.82 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 20, 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 |
Debt / Equity Ratio | 1.53 | 1.50 | 1.46 | 1.34 | 1.33 | 1.34 |
Debt / EBITDA Ratio | 6.01 | 5.96 | 6.13 | 5.81 | 5.75 | 6.10 |
Debt / FCF Ratio | - | - | - | - | 57.11 | 66.67 |
Net Debt / Equity Ratio | 1.48 | 1.46 | 1.40 | 1.33 | 1.29 | 1.29 |
Net Debt / EBITDA Ratio | 5.85 | 5.82 | 5.92 | 5.81 | 5.58 | 5.92 |
Net Debt / FCF Ratio | -40.10 | -38.15 | -33.45 | -107.27 | 55.12 | 64.22 |
Quick Ratio | 0.81 | 0.57 | 0.56 | 0.45 | 0.43 | 0.51 |
Current Ratio | 0.88 | 0.61 | 0.61 | 0.50 | 0.51 | 0.61 |
Asset Turnover | 0.24 | 0.24 | 0.24 | 0.24 | 0.25 | 0.24 |
Return on Equity (ROE) | 11.15% | 10.83% | 9.73% | 9.45% | 9.46% | 9.01% |
Return on Assets (ROA) | 3.69% | 3.66% | 3.54% | 3.58% | 3.70% | 3.32% |
Return on Capital Employed (ROCE) | 6.10% | 6.20% | 5.90% | 6.10% | 6.60% | 5.90% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 20, 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 |
Earnings Yield | 4.28% | 4.09% | 4.36% | 4.56% | 4.83% | 4.90% |
FCF Yield | -1.47% | -1.49% | -1.92% | -0.61% | 1.23% | 1.12% |
Dividend Yield | 2.57% | 2.43% | 2.91% | 3.15% | 3.36% | 3.63% |
Payout Ratio | 57.39% | 58.85% | 64.27% | 64.52% | 63.05% | 65.18% |
Buyback Yield / Dilution | -0.00% | -0.01% | -0.02% | 0.01% | -0.04% | -0.07% |
Total Shareholder Return | 2.57% | 2.42% | 2.89% | 3.16% | 3.32% | 3.56% |