BALCAO · ELECTRIC SERVICES
Hydro One Limited HRNNF
9 fiscal years on record · CAD · FY2025 reported
SEC FILINGS ONLY8 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
CAD 9.0B
▲ 6.6% vs FY2024
Dividend streak
8 yrs
Raised every year since 2018
EPS · FY25
CAD 2.23
Dividend / sh · FY25
CAD 1.31
Payout · FY25
58%
ROE · FY25
10.9%
Net margin · FY25
14.9%
Dividend coverage
1.7×
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Result
CAD 9.0B
Revenue, FY2025 · full 9-year series below
Revenue
Net income
15 cents of every revenue dollar became profit this year.
Per share
CAD 2.23
Diluted EPS, FY2025
EPS
Dividend
Earnings covered the dividend 1.7 times — the rest stayed in the company.
Profitability
10.9%
Return on equity, FY2025
ROE
Operating margin24.8%
Net margin14.9%
Return on assets3.5%
Each CAD of equity produced 11 cents of profit this year.
Returned to shareholders
CAD 788.0M
returned in FY2025 · dividends + net buybacks
Dividends paidCAD 788.0M
Net buybacks—
Share of profit58.4%
Consecutive raises8 years
CAD 788.0M in dividends — 58% of the year's profit went back to shareholders.
Growth
+4.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+5.1%
+4.4%
Net income
+8.4%
−5.6%
EPS, diluted
+8.4%
−5.4%
Dividend / share
+5.7%
+5.5%
Returned to shareholders
+6.0%
+5.0%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
0.60B
Shares outstanding, FY2025
Change, 5 years+0.4%
Change, 10 years—
The share count grew 0% in five years — the same company, cut into more, smaller slices.
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Balance sheet
CAD 39.7B
total assets, end of FY2025
Total assetsCAD 39.7B
EquityCAD 12.6B
CashCAD 549.0M
Gross debtCAD 19.0B
Net debtCAD 18.5B
Current ratio0.61×
Net debt stands at 146% of equity.
History
9 fiscal years
Every figure from documents filed with the SEC · CAD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue CAD B
9.0
8.5
7.8
7.8
7.2
7.3
6.5
6.2
6.0
Operating income CAD B
2.2
2.0
1.8
1.8
1.6
1.5
1.3
1.3
1.2
EBITDA CAD B
3.2
2.9
2.7
2.7
2.4
2.3
2.1
2.1
2.0
Income tax CAD B
0.2
0.2
0.2
0.3
0.2
−0.8
−0.0
0.9
0.1
Net income CAD B
1.3
1.2
1.1
1.1
1.0
1.8
0.8
−0.1
0.7
EPS, diluted CAD
2.23
1.92
1.81
1.75
1.61
2.95
1.30
−0.15
1.10
Dividend / sh CAD
1.31
1.24
1.17
1.11
1.05
1.00
0.96
0.91
0.87
Payout %
58
64
64
63
65
34
73
−862
79
ROE %
10.9
9.8
9.5
9.5
9.1
17.7
8.3
−0.7
6.7
Shares out B
0.60
0.60
0.60
0.60
0.60
0.60
0.60
0.60
0.60
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
27 of 27
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed