Financials in CAD. Standardized financial statements.
A compact view of how Hydro One Limited turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $9.04B | $8.48B | $7.84B | $7.78B | $7.22B | $7.29B | $6.48B | $6.15B | $5.99B | $6.55B |
| Revenue Growth? | +6.6% | +8.2% | +0.8% | +7.7% | -0.9% | +12.5% | +5.4% | +2.7% | -8.6% | 0.0% |
| Cost of Revenue? | $6.80B | $6.52B | $6.00B | $5.95B | $5.61B | $5.81B | $5.17B | $4.84B | $4.76B | $5.27B |
| Gross Profit? | $2.24B | $1.97B | $1.84B | $1.83B | $1.61B | $1.48B | $1.31B | $1.38B | $1.23B | $1.28B |
| Gross Margin? | +24.8% | +23.2% | +23.5% | +23.5% | +22.3% | +20.3% | +20.2% | +22.4% | +20.6% | +19.5% |
| Operating Expenses? | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating Income? | $2.24B | $1.97B | $1.84B | $1.83B | $1.61B | $1.48B | $1.31B | $1.38B | $1.23B | $1.28B |
| EBITDA? | $3.35B | $3.06B | $2.85B | $2.81B | $2.52B | $2.36B | $2.17B | $2.25B | $2.05B | $2.06B |
| Income Before Tax | $1.57B | $1.35B | $1.27B | $1.35B | $1.15B | $1.01B | $796.00M | $850.00M | $793.00M | $885.00M |
| Income Tax Expense | $219.00M | $181.00M | $178.00M | $288.00M | $178.00M | -$785.00M | -$6.00M | $915.00M | $111.00M | $139.00M |
| Net Income? | $1.34B | $1.16B | $1.08B | $1.05B | $965.00M | $1.79B | $796.00M | $796.00M | $676.00M | $740.00M |
| EPS? | $2.23 | $1.93 | $1.81 | $1.75 | $1.61 | $2.96 | $1.33 | $-0.12 | $1.11 | $1.21 |
| Diluted EPS? | $2.23 | $1.92 | $1.81 | $1.75 | $1.61 | $2.95 | $1.33 | $-0.12 | $1.10 | $1.21 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality