Hydro One Financials

H Stock  CAD 48.21  0.45  0.94%   
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 moderate upward volatility. Check odds of Hydro One to be traded at C$53.03 in 90 days. Key indicators impacting Hydro One's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.991.467
Way Down
Slightly volatile
Operating Income1.5 B2.1 B
Way Down
Slightly volatile
Current Ratio0.680.6047
Moderately 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 Canadian Utilities, Fortis, Emera, Algonquin Power, and Northland Power. 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

202020212022202320242025 (projected)
Total Assets30.3B30.4B31.5B32.9B36.7B25.1B
Other Current Liab783M787M1.2B1.4B126M119.7M
Net Debt13.7B14.2B14.7B15.7B17.0B11.2B
Retained Earnings4.8B5.2B5.6B5.9B6.4B3.9B
Accounts Payable491M567M521M295M348M375.8M
Net Receivables1.0B983M1.0B1.1B433M411.4M
Other Current Assets161M281M256M97M136M114.4M
Total Liab19.7B19.4B20.1B21.1B24.5B16.0B
Total Current Assets2.0B1.8B1.9B1.4B2.1B1.5B
Short Term Debt1.6B1.7B2.1B991M1.1B1.2B
Cash757M540M530M79M716M751.8M
Intangible Assets514M570M608M656M661M425.6M
Common Stock5.7B5.7B5.7B5.7B6.6B5.6B
Other Liab3.2B3.9B3.4B3.3B3.0B2.7B
Net Tangible Assets8.6B9.6B9.9B10.3B11.9B9.6B
Other Assets3.4B4.7B3.7B3.4B4.0B4.1B
Long Term Debt12.7B13.0B13.0B14.7B16.3B12.5B
Short Long Term Debt1.6B1.6B2.1B979M1.4B1.6B
Long Term Debt Total10.8B12.7B13.0B13.0B15.0B12.1B

Hydro One Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense456M451M477M584M631M436.8M
Total Revenue7.3B7.2B7.8B7.8B8.5B6.7B
Gross Profit2.4B2.5B2.8B2.8B3.0B2.6B
Operating Income1.6B1.7B2.0B2.8B2.1B1.5B
Ebit1.5B1.6B1.8B1.9B2.1B1.4B
Ebitda2.4B2.5B2.8B2.9B3.3B2.2B
Cost Of Revenue4.9B4.7B5.0B5.0B5.5B4.1B
Income Before Tax796M1.0B1.2B1.3B1.3B955.1M
Net Income1.8B965M1.1B1.1B1.2B809.7M
Income Tax Expense(6M)(785M)178M288M160.2M100.6M
Minority Interest79M94M(8M)(9M)(8.1M)(7.7M)
Tax Provision(6M)(785M)178M288M181M104.3M
Interest Income458M455M464M12M24M22.8M
Net Interest Income(464M)(449M)(489M)(570M)(625M)(656.3M)

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 one of the top stocks in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about  0.36  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hydro One is roughly  2.75 . 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 Systematic Risk

Hydro One's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hydro One volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Hydro One correlated with the market. If Beta is less than 0 Hydro One generally moves in the opposite direction as compared to the market. If Hydro One Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hydro One is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hydro One is generally in the same direction as the market. If Beta > 1 Hydro One moves generally in the same direction as, but more than the movement of the benchmark.

Hydro One Total Assets Over Time

Hydro One Thematic Clasifications

Hydro One is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
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

3.64

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

Hydro One March 18, 2025 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.