YOLFTbeta
Hydro One Ltd

Hydro One Ltd

H · TO · Utilities / Utilities - Regulated Electric

57.23CAD+0.15 (+0.26%)

Price History

Full chart

Market Stats

Previous Close57.08
Open57.05
Day Range56.96 – 57.79
52-Week Range47.88 – 60.17
Volume1.29M
Market Cap30.50B
P/E (TTM)21.54
Forward P/E21.51
EPS2.36
Dividend Yield2.78%
Beta0.38
50-Day Avg54.12
200-Day Avg56.26

About

Hydro One Limited operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 126,000 circuit kilometers primary low-voltage distribution lines. It provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. It serves residential, small business, commercial, and industrial customers, as well as municipal utilities. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Electric
  • CEOMs. Megan Telford
  • Employees7.15K
  • HeadquartersSouth Tower, Toronto, ON, Canada, M5G 2P5, Canada
  • Websitehttps://www.hydroone.com

Leadership

  • Ms. Megan TelfordPresident, CEO, COO & Director · b. 1975
  • Mr. Henry P. Taylor BCom, C.A., MBAExecutive VP, Chief Financial & Regulatory Officer · b. 1962
  • Mr. David LebeterSpecial Advisor · b. 1960
  • Ms. Teri FrenchExecutive VP of Safety, Operations & Customer Experience · b. 1969
  • Ms. Renee Dione McKenzieExecutive VP of Digital & Technology Solutions · b. 1976
  • Mr. Wassem KhalilDirector of Investor Relations
  • Mr. Joseph AgostinoChief Compliance Officer, Senior VP & General Counsel
  • Ms. Cassidy McFarlaneGeneral Counsel
  • Ms. Gillian WhitebreadExecutive VP & Head of Human Resources · b. 1973
  • Ms. Lisa PearsonExecutive Vice President of Corporate Affairs · b. 1975

Financials

Income Statement

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.42B4.54B4.66B4.60B4.74B5.12B5.47B5.73B6.07B6.55B6.54B6.55B5.99B6.15B6.48B7.29B7.22B7.78B7.84B8.48B9.04B
Growth (%)-+2.92%+2.42%-1.25%+3.20%+8.01%+6.77%+4.70%+6.04%+7.80%-0.15%+0.21%-8.58%+2.67%+5.37%+12.50%-0.89%+7.68%+0.82%+8.16%+6.57%
Cost of Revenue2.13B2.22B2.24B2.18B2.33B2.47B2.63B3.85B4.80B5.33B5.34B5.27B4.76B4.84B5.17B5.81B5.61B5.95B6.00B6.52B6.80B
Gross Profit2.29B2.32B2.42B2.42B2.42B2.65B2.84B1.88B1.27B1.22B1.19B1.28B1.23B1.38B1.31B1.48B1.61B1.83B1.84B1.97B2.24B
Gross Margin51.74%51.13%51.88%52.56%50.97%51.72%51.96%32.87%20.94%18.56%18.26%19.51%20.57%22.39%20.22%20.33%22.31%23.55%23.48%23.18%24.75%
Operating Expense1.28B1.40B1.52B1.51B1.59B1.66B1.71B570.00M0000000000000
Operating Income1.01B929.00M899.00M903.00M824.00M989.00M1.14B1.31B1.27B1.22B1.19B1.28B1.23B1.38B1.31B1.48B1.61B1.83B1.84B1.97B2.24B
Operating Margin22.78%20.44%19.31%19.64%17.37%19.30%20.75%22.92%20.94%18.56%18.26%19.51%20.57%22.39%20.22%20.33%22.31%23.55%23.48%23.18%24.75%
EBITDA1.44B1.41B1.41B1.46B1.36B1.58B1.76B1.88B1.96B1.95B1.96B2.06B2.05B2.25B2.17B2.36B2.52B2.81B2.85B3.06B3.37B
EBITDA Margin32.50%31.07%30.35%31.72%28.75%30.93%32.19%32.73%32.30%29.83%29.95%31.41%34.19%36.52%33.53%32.43%34.95%36.09%36.36%36.08%37.29%
Net Income483.00M455.00M399.00M498.00M470.00M591.00M641.00M745.00M803.00M749.00M703.00M740.00M676.00M796.00M796.00M1.79B965.00M1.05B1.08B1.16B1.34B
Net Income Margin10.94%10.01%8.57%10.83%9.91%11.53%11.72%13.01%13.22%11.44%10.75%11.29%11.29%12.94%12.28%24.53%13.36%13.50%13.83%13.63%14.81%
Interest Expense267.00M263.00M288.00M299.00M312.00M355.00M354.00M362.00M374.00M395.00M381.00M395.00M438.00M491.00M499.00M469.00M452.00M496.00M584.00M649.00M692.00M
Interest Expense % of Total Revenue6.05%5.79%6.19%6.50%6.58%6.93%6.47%6.32%6.16%6.03%5.83%6.03%7.31%7.98%7.70%6.43%6.26%6.38%7.45%7.65%7.65%

Balance Sheet

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.82B12.23B12.79B13.88B15.81B17.32B18.37B20.81B21.63B22.55B24.33B25.35B25.70B25.66B27.06B30.29B30.38B31.46B32.85B36.68B39.67B
Total Liabilities7.11B7.41B7.90B8.75B10.39B11.34B11.91B13.98B14.21B14.60B14.40B15.26B15.45B16.01B17.19B19.67B19.41B20.07B21.09B24.51B26.93B
Total Equity4.72B4.82B4.89B5.12B5.42B5.98B6.45B6.83B7.42B7.88B9.85B10.02B10.18B9.57B9.79B10.53B10.89B11.31B11.68B12.09B12.65B
Cash---16.00M-33.00M-195.00M565.00M100.00M94.00M50.00M25.00M483.00M30.00M757.00M540.00M530.00M79.00M716.00M549.00M
Total Debt5.06B5.36B5.62B6.13B6.96B7.78B8.04B8.52B9.09B8.93B10.21B11.15B11.48B12.45B12.70B14.41B14.72B15.19B15.74B17.73B19.19B
Net Debt5.06B5.36B5.62B6.12B6.96B7.75B8.04B8.33B8.52B8.83B10.12B11.10B11.46B11.97B12.67B13.66B14.19B14.66B15.66B17.02B18.64B

Cash Flow

Currency: CAD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.17B896.00M1.14B1.05B892.00M1.16B1.41B1.28B1.40B1.26B-1.25B1.66B1.72B1.57B1.61B2.03B2.15B2.26B2.41B2.53B2.69B
Investing Cash Flow-682.00M-808.00M-1.08B-1.28B-1.55B-1.78B-1.42B-1.44B-1.39B-1.33B-1.71B-1.86B-1.54B-1.52B-1.62B-1.97B-2.06B-2.07B-2.69B-3.13B-3.50B
Financing Cash Flow-487.00M-108.00M-41.00M254.00M619.00M817.00M28.00M117.00M351.00M-395.00M2.95B161.00M-201.00M399.00M-451.00M665.00M-303.00M-197.00M-172.00M1.23B636.00M
Capital Expenditure691.00M823.00M1.09B1.28B1.57B1.57B1.45B1.45B1.41B1.50B1.63B1.66B1.55B1.54B1.63B1.84B2.07B2.09B2.35B2.81B2.97B
Free Cash Flow478.00M73.00M50.00M-232.00M-674.00M-406.00M-40.00M-169.00M-8.00M-248.00M-2.88B-5.00M169.00M37.00M-14.00M186.00M78.00M174.00M67.00M-274.00M-275.00M
Dividends Paid291.00M350.00M325.00M259.00M188.00M28.00M168.00M370.00M218.00M287.00M888.00M596.00M536.00M560.00M588.00M617.00M629.00M662.00M700.00M743.00M788.00M
FCF to OCF40.89%8.15%4.38%-22.05%-75.56%-34.88%-2.84%-13.15%-0.57%-19.75%230.25%-0.30%9.85%2.35%-0.87%9.16%3.63%7.70%2.78%-10.81%-10.20%
Dividend Paid to FCF60.88%479.45%650.00%-111.64%-27.89%-6.90%-420.00%-218.93%-2725.00%-115.73%-30.78%-11920.00%317.16%1513.51%-4200.00%331.72%806.41%380.46%1044.78%-271.17%-286.55%

Earnings

Report DateNov 13, 2015Feb 12, 2016May 6, 2016Aug 12, 2016Nov 11, 2016Feb 10, 2017May 4, 2017Aug 8, 2017Nov 10, 2017Feb 13, 2018May 15, 2018Aug 14, 2018Nov 8, 2018Feb 21, 2019May 9, 2019Aug 9, 2019Nov 7, 2019Feb 12, 2020May 8, 2020Aug 11, 2020Nov 6, 2020Feb 24, 2021May 7, 2021Aug 10, 2021Nov 9, 2021Feb 25, 2022May 5, 2022Aug 9, 2022Nov 11, 2022Feb 14, 2023May 5, 2023Aug 9, 2023Nov 8, 2023Feb 13, 2024May 14, 2024Aug 14, 2024Nov 7, 2024Feb 20, 2025May 8, 2025Aug 13, 2025Nov 13, 2025Feb 13, 2026May 13, 2026Aug 12, 2026Nov 12, 2026
EPS Estimate-0.190.350.230.310.230.310.240.370.250.340.250.340.280.450.270.370.310.380.310.440.290.430.370.460.270.490.420.490.280.480.420.560.300.490.480.590.310.540.520.660.370.640.570.69
EPS Actual0.320.240.350.250.390.210.280.200.400.280.350.320.380.290.520.260.400.350.380.390.470.270.450.400.500.260.520.420.510.300.470.440.590.300.490.490.620.330.600.540.700.390.650.62-
Surprise-26.32%0.00%8.70%25.81%-8.70%-9.68%-16.67%8.11%12.00%2.94%28.00%11.76%3.57%15.56%-3.70%8.11%12.90%0.00%25.81%6.82%-6.90%4.65%8.11%8.70%-3.70%6.12%0.00%4.08%7.14%-2.08%4.76%5.36%0.00%0.00%2.08%5.08%6.45%11.11%3.85%6.06%5.41%1.56%8.77%-
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap30.50B
Enterprise Value50.14B
Trailing P/E21.54
Forward P/E21.51
PEG Ratio3.36
Price / Sales3.21
Price / Book2.36
EPS2.36
Book Value21.66
Revenue (TTM)9.52B
Gross Profit (TTM)3.44B
EBITDA3.32B
Profit Margin14.87%
Operating Margin26.93%
Return on Equity11.15%
Return on Assets3.69%
Shares Outstanding600.10M
Shares Float600.07M
Beta0.38
Dividend Yield2.78%
Dividend Rate1.41
Payout Ratio58.14%

Dividends

20263×
0.35Sep 9, 20260.35Jun 10, 20260.33Mar 11, 2026
20254×
0.33Dec 10, 20250.33Sep 10, 20250.33Jun 11, 20250.31Mar 12, 2025
20244×
0.31Dec 11, 20240.31Sep 11, 20240.31Jun 12, 20240.30Mar 12, 2024
20234×
0.30Dec 12, 20230.30Sep 12, 20230.30Jun 6, 20230.28Mar 14, 2023
20225×
0.28Dec 13, 20220.28Sep 13, 20220.28Jun 7, 20220.27Mar 15, 20220.27Feb 23, 2022
20214×
0.27Dec 7, 20210.27Sep 7, 20210.27Jun 8, 20210.25Mar 16, 2021