Hydro One Financials

H Stock  CAD 57.98  0.04  0.07%   
Financial data analysis helps to validate if markets are presently mispricing Hydro One. We were able to interpolate and analyze data for thirty-seven available reported financial drivers for Hydro One, which can be compared to its competitors. The stock experiences a normal upward fluctuation. Check odds of Hydro One to be traded at C$60.88 in 90 days.
 
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Hydro One Balance Sheet Chart

At this time, Hydro One's Short and Long Term Debt is very stable compared to the past year.
Key indicators impacting Hydro One's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.10.1481
Way Down
Pretty Stable
Return On Assets0.03760.0338
Moderately Up
Very volatile
Return On Equity0.0760.1059
Way Down
Very volatile
Debt Equity Ratio1.01.5172
Way Down
Slightly volatile
Operating Income1.5 B2.2 B
Way Down
Slightly volatile
Current Ratio0.670.6056
Significantly Up
Pretty Stable
  
Understanding current and past Hydro One Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hydro One's financial statements are interrelated, with each one affecting the others. For example, an increase in Hydro One's assets may result in an increase in income on the income statement.

Hydro One Stock Summary

Hydro One competes with Fortis, Emera, Emera Srs, AltaGas, and Brookfield Infrastructure. Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution company in Ontario. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada. HYDRO ONE operates under Utilities - Regulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 5708 people.
Foreign Associate
  USA
Specialization
Utilities, Utilities - Regulated Electric
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA4488112083
Business AddressSouth Tower, Toronto,
SectorElectric Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.hydroone.com
Phone416 345 5000
CurrencyCAD - Canadian Dollar
You should never invest in Hydro One without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hydro Stock, because this is throwing your money away. Analyzing the key information contained in Hydro One's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Hydro One Key Financial Ratios

Hydro One's financial ratios allow both analysts and investors to convert raw data from Hydro One's financial statements into concise, actionable information that can be used to evaluate the performance of Hydro One over time and compare it to other companies across industries.

Hydro One Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets30.4B31.5B32.9B36.7B39.7B26.0B
Other Current Liab(256M)1.2B1.2B1.5B1.9B2.0B
Net Debt14.2B14.7B15.7B17.0B18.6B11.6B
Retained Earnings5.2B5.6B5.9B6.4B6.9B4.0B
Accounts Payable567M521M295M348M371M372M
Net Receivables983M1.0B1.1B1.2B1.5B1.1B
Other Current Assets281M256M97M136M102M114.3M
Total Liab19.4B20.1B21.1B24.5B26.9B16.6B
Total Current Assets1.8B1.9B1.4B2.1B2.2B1.5B
Short Term Debt1.7B2.1B991M1.4B1.0B1.2B
Cash540M530M79M716M549M327.4M
Intangible Assets570M608M656M661M654M442.0M
Common Stock5.7B5.7B5.7B5.7B5.7B5.7B
Other Liab3.2B3.9B3.4B3.3B3.0B2.7B
Net Tangible Assets8.6B9.6B9.9B10.3B11.9B9.6B
Other Assets3.7B3.4B3.5B4.3B4.7B4.2B
Long Term Debt13.0B13.0B14.7B16.3B18.1B13.0B
Short Long Term Debt1.6B2.1B979M1.4B1.0B1.6B
Long Term Debt Total13.0B13.0B14.7B16.3B18.1B13.7B

Hydro One Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense452M496M584M649M692M461.7M
Total Revenue7.2B7.8B7.8B8.5B9.0B6.9B
Gross Profit1.6B1.8B1.8B2.0B2.2B1.5B
Operating Income1.6B1.8B1.8B2.0B2.2B1.5B
Ebit1.6B1.8B1.9B2.0B2.2B1.5B
Ebitda2.5B2.8B2.9B3.1B3.3B2.3B
Cost Of Revenue5.6B5.9B6.0B6.5B6.8B4.8B
Income Before Tax1.0B1.2B1.3B1.3B1.6B991.8M
Net Income965M1.1B1.1B1.2B1.3B886.7M
Income Tax Expense(785M)178M288M181M219M230.0M
Minority Interest79M94M(8M)(9M)(10M)(9.5M)
Tax Provision(785M)178M288M181M219M110.8M
Interest Income455M464M12M578M627M466.6M
Net Interest Income(449M)(489M)(570M)(625M)(675M)(708.8M)

Hydro One Key Cash Accounts

202120222023202420252026 (projected)
Free Cash Flow78M174M67M(274M)(275M)(288.8M)
Depreciation922M966M996M1.1B1.1B810.2M
Other Non Cash Items1M8M(77M)(54M)116M121.8M
Dividends Paid629M(662M)(700M)(743M)(788M)(748.6M)
Capital Expenditures2.1B2.1B2.3B2.8B3.0B1.8B
Net Income965M1.1B1.1B1.2B1.3B886.7M
End Period Cash Flow540M530M79M716M549M576.5M
Change In Cash(217M)(10M)(451M)637M(167M)(158.7M)
Investments(2.1B)(2.1B)(2.7B)(3.1B)(2.8B)(2.7B)
Net Borrowings341M482M544M2.0B1.4B883.5M
Change To Netincome(44M)(729M)269M318M365.7M384.0M

Hydro Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hydro One's current stock value. Our valuation model uses many indicators to compare Hydro One value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hydro One competition to find correlations between indicators driving Hydro One's intrinsic value. More Info.
Hydro One is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.34  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hydro One is roughly  2.96 . At this time, Hydro One's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hydro One by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hydro One's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Hydro One Total Assets Over Time

Most indicators from Hydro One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hydro One current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hydro One. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of the 26th of February 2026, Enterprise Value is likely to grow to about 54 B, while Tax Provision is likely to drop about 110.8 M.
 2023 2024 2025 2026 (projected)
Interest Expense584M649M692M461.7M
Depreciation And Amortization996M1.1B1.1B810.2M

Hydro One fundamental ratios Correlations

0.990.370.870.960.990.990.97-0.061.00.60.740.840.430.98-0.250.55-0.630.990.920.710.43-0.040.550.460.95
0.990.340.890.950.991.00.94-0.010.990.630.670.880.460.96-0.180.58-0.560.980.930.70.46-0.090.580.480.97
0.370.340.270.290.410.350.39-0.550.380.270.580.08-0.110.41-0.09-0.16-0.20.40.40.24-0.12-0.480.030.040.3
0.870.890.270.90.860.880.76-0.030.870.430.460.810.490.77-0.290.63-0.550.830.770.580.78-0.020.530.430.86
0.960.950.290.90.950.960.91-0.050.970.470.590.890.530.89-0.330.58-0.670.920.850.560.590.020.430.330.92
0.990.990.410.860.951.00.96-0.050.990.610.720.850.440.98-0.170.54-0.570.990.950.690.41-0.120.530.440.97
0.991.00.350.880.961.00.93-0.010.990.610.670.890.450.96-0.180.56-0.550.980.930.660.46-0.110.530.430.97
0.970.940.390.760.910.960.93-0.120.960.60.790.740.370.97-0.230.56-0.620.970.920.750.29-0.060.540.470.92
-0.06-0.01-0.55-0.03-0.05-0.05-0.01-0.12-0.060.08-0.20.180.61-0.070.510.10.16-0.07-0.01-0.040.040.070.060.040.06
1.00.990.380.870.970.990.990.96-0.060.590.720.850.440.97-0.240.54-0.630.990.920.680.44-0.040.520.420.95
0.60.630.270.430.470.610.610.60.080.590.420.470.010.670.160.46-0.190.650.680.580.02-0.340.60.50.67
0.740.670.580.460.590.720.670.79-0.20.720.420.360.120.81-0.250.19-0.530.780.640.71-0.090.030.380.370.6
0.840.880.080.810.890.850.890.740.180.850.470.360.60.77-0.190.6-0.50.80.770.450.58-0.020.410.30.88
0.430.46-0.110.490.530.440.450.370.610.440.010.120.60.340.110.31-0.40.370.380.240.470.10.220.210.49
0.980.960.410.770.890.980.960.97-0.070.970.670.810.770.34-0.180.49-0.581.00.920.770.25-0.070.590.510.93
-0.25-0.18-0.09-0.29-0.33-0.17-0.18-0.230.51-0.240.16-0.25-0.190.11-0.18-0.340.62-0.20.03-0.24-0.43-0.63-0.14-0.15-0.1
0.550.58-0.160.630.580.540.560.560.10.540.460.190.60.310.49-0.34-0.430.530.580.580.60.170.590.520.64
-0.63-0.56-0.2-0.55-0.67-0.57-0.55-0.620.16-0.63-0.19-0.53-0.5-0.4-0.580.62-0.43-0.59-0.41-0.46-0.45-0.56-0.29-0.27-0.54
0.990.980.40.830.920.990.980.97-0.070.990.650.780.80.371.0-0.20.53-0.590.920.760.34-0.060.60.510.94
0.920.930.40.770.850.950.930.92-0.010.920.680.640.770.380.920.030.58-0.410.920.650.29-0.30.510.420.95
0.710.70.240.580.560.690.660.75-0.040.680.580.710.450.240.77-0.240.58-0.460.760.650.170.10.910.910.67
0.430.46-0.120.780.590.410.460.290.040.440.02-0.090.580.470.25-0.430.6-0.450.340.290.170.230.270.190.47
-0.04-0.09-0.48-0.020.02-0.12-0.11-0.060.07-0.04-0.340.03-0.020.1-0.07-0.630.17-0.56-0.06-0.30.10.230.050.1-0.14
0.550.580.030.530.430.530.530.540.060.520.60.380.410.220.59-0.140.59-0.290.60.510.910.270.050.980.56
0.460.480.040.430.330.440.430.470.040.420.50.370.30.210.51-0.150.52-0.270.510.420.910.190.10.980.47
0.950.970.30.860.920.970.970.920.060.950.670.60.880.490.93-0.10.64-0.540.940.950.670.47-0.140.560.47
Click cells to compare fundamentals

Hydro One Account Relationship Matchups

Hydro One fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets30.4B31.5B32.9B36.7B39.7B26.0B
Other Current Liab(256M)1.2B1.2B1.5B1.9B2.0B
Net Debt14.2B14.7B15.7B17.0B18.6B11.6B
Retained Earnings5.2B5.6B5.9B6.4B6.9B4.0B
Accounts Payable567M521M295M348M371M372M
Net Receivables983M1.0B1.1B1.2B1.5B1.1B
Other Current Assets281M256M97M136M102M114.3M
Total Liab19.4B20.1B21.1B24.5B26.9B16.6B
Total Current Assets1.8B1.9B1.4B2.1B2.2B1.5B
Short Term Debt1.7B2.1B991M1.4B1.0B1.2B
Cash540M530M79M716M549M327.4M
Intangible Assets570M608M656M661M654M442.0M
Common Stock5.7B5.7B5.7B5.7B5.7B5.7B
Other Liab3.2B3.9B3.4B3.3B3.0B2.7B
Net Tangible Assets8.6B9.6B9.9B10.3B11.9B9.6B
Other Assets3.7B3.4B3.5B4.3B4.7B4.2B
Long Term Debt13.0B13.0B14.7B16.3B18.1B13.0B
Short Long Term Debt1.6B2.1B979M1.4B1.0B1.6B
Long Term Debt Total13.0B13.0B14.7B16.3B18.1B13.7B
Today, most investors in Hydro One Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hydro One's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hydro One growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.65

At this time, Hydro One's Price Earnings To Growth Ratio is very stable compared to the past year.

Hydro One February 26, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hydro One help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hydro One. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hydro One based on widely used predictive technical indicators. In general, we focus on analyzing Hydro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hydro One's daily price indicators and compare them against related drivers.

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.