Hydro Financial Statements From 2010 to 2026

H Stock  CAD 54.29  0.16  0.30%   
Hydro One's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Hydro One's valuation are provided below:
Gross Profit
3.3 B
Profit Margin
0.1473
Market Capitalization
32.5 B
Enterprise Value Revenue
5.7071
Revenue
8.9 B
We have found one hundred twenty available fundamental trends for Hydro One, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Hydro One's regular fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 7th of January 2026, Market Cap is likely to drop to about 12.7 B. In addition to that, Enterprise Value is likely to drop to about 23.2 B

Hydro One Total Revenue

6.72 Billion

Check Hydro One financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hydro One's main balance sheet or income statement drivers, such as Depreciation And Amortization of 789.6 M, Interest Expense of 446.8 M or Total Revenue of 6.7 B, as well as many indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0306 or PTB Ratio of 1.19. Hydro financial statements analysis is a perfect complement when working with Hydro One Valuation or Volatility modules.
  
This module can also supplement various Hydro One Technical models . Check out the analysis of Hydro One Correlation against competitors.

Hydro One Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets25.1 B42.2 B26.6 B
Slightly volatile
Short and Long Term Debt Total11.4 B20.4 B12.2 B
Slightly volatile
Total Current Liabilities2.5 BB2.6 B
Slightly volatile
Total Stockholder Equity9.1 B13.9 B9.5 B
Slightly volatile
Property Plant And Equipment Net19.9 B33.5 B20.9 B
Slightly volatile
Net Debt11.2 B19.6 B11.9 B
Slightly volatile
Retained Earnings3.9 B7.3 B4.3 B
Slightly volatile
Accounts Payable375.8 M313.2 M365.5 M
Very volatile
Non Current Assets Total23.7 B39.7 B25.1 B
Slightly volatile
Non Currrent Assets Other5.1 B4.8 BB
Slightly volatile
Net Receivables1.1 B1.4 BB
Slightly volatile
Good Will258.5 M428.9 M277.8 M
Slightly volatile
Common Stock Shares Outstanding513.8 M690.8 M515.4 M
Slightly volatile
Liabilities And Stockholders Equity25.1 B42.2 B26.6 B
Slightly volatile
Non Current Liabilities Total13.5 B24.2 B14.4 B
Slightly volatile
Inventory22.7 M26.1 M25.4 M
Pretty Stable
Other Current Assets114.4 M156.4 M117.5 M
Slightly volatile
Total Liabilities16 B28.2 B17 B
Slightly volatile
Property Plant And Equipment Gross52.5 B50 B27 B
Slightly volatile
Total Current Assets1.5 B2.4 B1.5 B
Slightly volatile
Short Term Debt1.2 B1.6 B1.3 B
Slightly volatile
Current Deferred Revenue647.4 M386.4 M662.8 M
Very volatile
Cash864.6 M823.4 M356.6 M
Slightly volatile
Cash And Short Term Investments864.6 M823.4 M373.4 M
Slightly volatile
Intangible Assets425.6 M760.1 M432.8 M
Slightly volatile
Short Term Investments18.8 M19.8 M63.2 M
Slightly volatile
Common Stock Total Equity5.4 B6.5 BB
Slightly volatile
Common Stock5.6 B6.6 BB
Slightly volatile
Other Liabilities2.7 BB3.4 B
Slightly volatile
Net Tangible Assets9.6 B11.9 B8.8 B
Slightly volatile
Other Assets4.1 BB3.6 B
Slightly volatile
Long Term Debt12.5 B18.8 B11.3 B
Slightly volatile
Deferred Long Term Liabilities3.4 B3.4 BB
Slightly volatile
Long Term Investments29.1 M52.9 M17.7 M
Slightly volatile
Short and Long Term Debt1.6 B1.2 B3.2 B
Slightly volatile
Property Plant Equipment23.9 B33.5 B21.6 B
Slightly volatile
Long Term Debt Total13.1 B18.8 B11.3 B
Slightly volatile
Capital Surpluse41.2 M32.2 M29.3 M
Slightly volatile
Cash And Equivalents864.6 M823.4 M305.8 M
Slightly volatile
Net Invested Capital27.3 B34.2 B24.1 B
Slightly volatile
Capital Stock4.6 B5.1 B5.8 B
Slightly volatile
Non Current Liabilities Other25.9 M49.5 M18.8 M
Slightly volatile
Capital Lease Obligations50.5 M49.5 M69.5 M
Slightly volatile

Hydro One Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization789.6 M1.2 B817.7 M
Slightly volatile
Interest Expense446.8 M746.4 M458.8 M
Slightly volatile
Total Revenue6.7 B9.8 B6.8 B
Slightly volatile
Gross Profit1.5 B1.8 B1.6 B
Pretty Stable
Other Operating Expenses5.3 B7.5 B5.3 B
Slightly volatile
Operating Income1.4 B2.3 B1.5 B
Slightly volatile
EBIT1.4 B2.3 B1.5 B
Slightly volatile
EBITDA2.2 B3.5 B2.3 B
Slightly volatile
Cost Of Revenue4.7 B7.5 B5.1 B
Slightly volatile
Income Before Tax955.1 M1.5 B991.6 M
Slightly volatile
Net Income857.4 M1.3 B903.7 M
Slightly volatile
Interest Income323.1 M520.2 M393.1 M
Pretty Stable
Reconciled Depreciation900.9 MB799.2 M
Slightly volatile

Hydro One Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation789.6 M1.2 B817.7 M
Slightly volatile
Dividends Paid495.2 M854.5 M541.3 M
Slightly volatile
Capital Expenditures1.8 B3.2 B1.8 B
Slightly volatile
Net Income857.4 M1.3 B903.7 M
Slightly volatile
Stock Based Compensation14.5 MM14.5 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.582.812.0781
Slightly volatile
Dividend Yield0.03060.032214.6832
Slightly volatile
PTB Ratio1.191.981.4785
Slightly volatile
Days Sales Outstanding64.2761.1557.5408
Slightly volatile
Book Value Per Share22.1923.368.1 K
Slightly volatile
Capex To Depreciation2.483.032.2165
Slightly volatile
PB Ratio1.191.981.4785
Slightly volatile
EV To Sales2.864.623.7657
Slightly volatile
Inventory Turnover144202207
Slightly volatile
Net Income Per Share2.112.22879
Slightly volatile
Days Of Inventory On Hand3.51.872.3072
Slightly volatile
Payables Turnover9.7816.8515.0713
Very volatile
Capex To Revenue0.210.30.2557
Slightly volatile
Cash Per Share1.311.37230
Slightly volatile
Interest Coverage3.493.03083.2515
Very volatile
Payout Ratio0.470.580.605
Pretty Stable
Days Payables Outstanding21.2922.4129.59
Slightly volatile
ROE0.07550.08610.0936
Pretty Stable
PE Ratio13.0620.6616.111
Slightly volatile
Return On Tangible Assets0.03850.03730.0355
Very volatile
Earnings Yield0.04760.050137.7881
Slightly volatile
Intangibles To Total Assets0.01820.02540.0245
Slightly volatile
Net Debt To EBITDA3.945.05.0186
Slightly volatile
Current Ratio0.680.70.6057
Pretty Stable
Tangible Book Value Per Share20.321.377.6 K
Slightly volatile
Receivables Turnover5.066.186.3937
Pretty Stable
Graham Number32.3234.0212 K
Slightly volatile
Shareholders Equity Per Share22.0423.28.1 K
Slightly volatile
Debt To Equity0.991.321.2347
Slightly volatile
Capex Per Share5.125.391.7 K
Slightly volatile
Revenue Per Share15.4616.286.8 K
Slightly volatile
Interest Debt Per Share33.5135.2710.5 K
Slightly volatile
Debt To Assets0.360.440.4446
Slightly volatile
Enterprise Value Over EBITDA8.6912.811.1542
Slightly volatile
Price Earnings Ratio13.0620.6616.111
Slightly volatile
Operating Cycle67.7763.0259.8481
Slightly volatile
Price Book Value Ratio1.191.981.4785
Slightly volatile
Days Of Payables Outstanding21.2922.4129.59
Slightly volatile
Dividend Payout Ratio0.470.580.605
Pretty Stable
Pretax Profit Margin0.110.140.1425
Very volatile
Ebt Per Ebit0.540.620.6677
Slightly volatile
Operating Profit Margin0.170.210.2104
Very volatile
Company Equity Multiplier2.212.732.7285
Pretty Stable
Long Term Debt To Capitalization0.420.520.5172
Very volatile
Total Debt To Capitalization0.440.540.5459
Very volatile
Return On Capital Employed0.07110.06820.0633
Slightly volatile
Debt Equity Ratio0.991.321.2347
Slightly volatile
Ebit Per Revenue0.170.210.2104
Very volatile
Quick Ratio0.660.690.5938
Pretty Stable
Net Income Per E B T0.70.770.9399
Very volatile
Cash Ratio0.190.180.1172
Slightly volatile
Days Of Inventory Outstanding3.51.872.3072
Slightly volatile
Days Of Sales Outstanding64.2761.1557.5408
Slightly volatile
Price To Book Ratio1.191.981.4785
Slightly volatile
Fixed Asset Turnover0.390.330.3385
Slightly volatile
Enterprise Value Multiple8.6912.811.1542
Slightly volatile
Debt Ratio0.360.440.4446
Slightly volatile
Price Sales Ratio1.582.812.0781
Slightly volatile
Return On Assets0.03760.03620.0347
Very volatile
Asset Turnover0.310.270.2667
Slightly volatile
Net Profit Margin0.0960.120.129
Pretty Stable
Gross Profit Margin0.350.270.2658
Slightly volatile
Price Fair Value1.191.981.4785
Slightly volatile
Return On Equity0.07550.08610.0936
Pretty Stable

Hydro One Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap12.7 B23.9 B13.7 B
Slightly volatile
Enterprise Value23.2 B39.2 B25.6 B
Slightly volatile

Hydro Fundamental Market Drivers

Forward Price Earnings24.0964
Cash And Short Term Investments716 M

About Hydro One Financial Statements

Hydro One investors utilize fundamental indicators, such as revenue or net income, to predict how Hydro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue386.4 M647.4 M
Total Revenue9.8 B6.7 B
Cost Of Revenue7.5 B4.7 B
Capex To Revenue 0.30  0.21 
Revenue Per Share 16.28  15.46 
Ebit Per Revenue 0.21  0.17 

Pair Trading with Hydro One

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hydro One position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hydro One will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hydro Stock

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  0.78GOOG Alphabet CDRPairCorr

Moving against Hydro Stock

  0.73MSFT Microsoft CDRPairCorr
  0.73MSFT Microsoft Corp CDRPairCorr
The ability to find closely correlated positions to Hydro One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hydro One when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hydro One - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hydro One to buy it.
The correlation of Hydro One is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hydro One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hydro One moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hydro One can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Hydro Stock

Hydro One financial ratios help investors to determine whether Hydro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hydro with respect to the benefits of owning Hydro One security.