company background image
H logo

Hydro One TSX:H Stock Report

Last Price

CA$39.60

Market Cap

CA$23.7b

7D

-3.5%

1Y

2.4%

Updated

27 Mar, 2024

Data

Company Financials +

H Stock Overview

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario.

H fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance3/6
Financial Health1/6
Dividends2/6

Hydro One Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hydro One
Historical stock prices
Current Share PriceCA$39.60
52 Week HighCA$41.69
52 Week LowCA$32.79
Beta0.30
1 Month Change-3.11%
3 Month Change0.71%
1 Year Change2.43%
3 Year Change35.29%
5 Year Change89.20%
Change since IPO83.16%

Recent News & Updates

Returns On Capital At Hydro One (TSE:H) Have Hit The Brakes

Dec 30
Returns On Capital At Hydro One (TSE:H) Have Hit The Brakes

Recent updates

Returns On Capital At Hydro One (TSE:H) Have Hit The Brakes

Dec 30
Returns On Capital At Hydro One (TSE:H) Have Hit The Brakes

Is Hydro One (TSE:H) Using Too Much Debt?

Dec 14
Is Hydro One (TSE:H) Using Too Much Debt?

A Look At The Fair Value Of Hydro One Limited (TSE:H)

Nov 29
A Look At The Fair Value Of Hydro One Limited (TSE:H)

Returns On Capital At Hydro One (TSE:H) Have Stalled

Sep 29
Returns On Capital At Hydro One (TSE:H) Have Stalled

We Think Hydro One (TSE:H) Is Taking Some Risk With Its Debt

Sep 11
We Think Hydro One (TSE:H) Is Taking Some Risk With Its Debt

A Look At The Fair Value Of Hydro One Limited (TSE:H)

Aug 24
A Look At The Fair Value Of Hydro One Limited (TSE:H)

Hydro One (TSE:H) Has Some Way To Go To Become A Multi-Bagger

Jun 16
Hydro One (TSE:H) Has Some Way To Go To Become A Multi-Bagger

Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

May 29
Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.2964

May 11
Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.2964

Hydro One's (TSE:H) Returns On Capital Are Heading Higher

Feb 28
Hydro One's (TSE:H) Returns On Capital Are Heading Higher

These 4 Measures Indicate That Hydro One (TSE:H) Is Using Debt Extensively

Feb 10
These 4 Measures Indicate That Hydro One (TSE:H) Is Using Debt Extensively

Here's Why We Think Hydro One (TSE:H) Is Well Worth Watching

Dec 27
Here's Why We Think Hydro One (TSE:H) Is Well Worth Watching

There's Been No Shortage Of Growth Recently For Hydro One's (TSE:H) Returns On Capital

Nov 27
There's Been No Shortage Of Growth Recently For Hydro One's (TSE:H) Returns On Capital

A Look At The Fair Value Of Hydro One Limited (TSE:H)

Jul 29
A Look At The Fair Value Of Hydro One Limited (TSE:H)

Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

Jul 11
Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

Hydro One (TSE:H) Will Pay A Larger Dividend Than Last Year At CA$0.28

May 10
Hydro One (TSE:H) Will Pay A Larger Dividend Than Last Year At CA$0.28

Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

Mar 28
Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

We Think Hydro One (TSE:H) Is Taking Some Risk With Its Debt

Dec 15
We Think Hydro One (TSE:H) Is Taking Some Risk With Its Debt

Hydro One (TSE:H) Has A Somewhat Strained Balance Sheet

Sep 11
Hydro One (TSE:H) Has A Somewhat Strained Balance Sheet

Estimating The Intrinsic Value Of Hydro One Limited (TSE:H)

Jun 29
Estimating The Intrinsic Value Of Hydro One Limited (TSE:H)

Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

Jun 13
Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

I Ran A Stock Scan For Earnings Growth And Hydro One (TSE:H) Passed With Ease

May 28
I Ran A Stock Scan For Earnings Growth And Hydro One (TSE:H) Passed With Ease

Is Hydro One Limited (TSE:H) An Attractive Dividend Stock?

Mar 26
Is Hydro One Limited (TSE:H) An Attractive Dividend Stock?

Only Four Days Left To Cash In On Hydro One's (TSE:H) Dividend

Mar 11
Only Four Days Left To Cash In On Hydro One's (TSE:H) Dividend

A Look At The Intrinsic Value Of Hydro One Limited (TSE:H)

Mar 02
A Look At The Intrinsic Value Of Hydro One Limited (TSE:H)

We're Not Counting On Hydro One (TSE:H) To Sustain Its Statutory Profitability

Feb 09
We're Not Counting On Hydro One (TSE:H) To Sustain Its Statutory Profitability

Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

Jan 25
Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden

How Many Hydro One Limited (TSE:H) Shares Do Institutions Own?

Dec 25
How Many Hydro One Limited (TSE:H) Shares Do Institutions Own?

How Does Hydro One Limited (TSE:H) Fare As A Dividend Stock?

Dec 10
How Does Hydro One Limited (TSE:H) Fare As A Dividend Stock?

Are Hydro One Limited (TSE:H) Investors Paying Above The Intrinsic Value?

Nov 25
Are Hydro One Limited (TSE:H) Investors Paying Above The Intrinsic Value?

Shareholder Returns

HCA Electric UtilitiesCA Market
7D-3.5%1.7%0.4%
1Y2.4%-1.8%9.0%

Return vs Industry: H exceeded the Canadian Electric Utilities industry which returned -3% over the past year.

Return vs Market: H underperformed the Canadian Market which returned 9% over the past year.

Price Volatility

Is H's price volatile compared to industry and market?
H volatility
H Average Weekly Movement1.8%
Electric Utilities Industry Average Movement2.9%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: H has not had significant price volatility in the past 3 months.

Volatility Over Time: H's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20157,044David Lebeterhttps://www.hydroone.com

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.

Hydro One Limited Fundamentals Summary

How do Hydro One's earnings and revenue compare to its market cap?
H fundamental statistics
Market capCA$23.72b
Earnings (TTM)CA$1.09b
Revenue (TTM)CA$7.84b

21.9x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
H income statement (TTM)
RevenueCA$7.84b
Cost of RevenueCA$5.01b
Gross ProfitCA$2.84b
Other ExpensesCA$1.75b
EarningsCA$1.09b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.81
Gross Margin36.18%
Net Profit Margin13.83%
Debt/Equity Ratio133.4%

How did H perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

65%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.