Hydro One

H · TSX · CAD

$51.05Change from previous close: +0.67%Absolute change: +$0.34

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$30.63B
Enterprise value
$50.21B
P/E (trailing 12 months)
21.6
Forward P/E
21.4
PEG
3.36
Price/book
2.36
Price/sales
3.22
EV/EBITDA
15.1
EV/revenue
5.28

Profitability and growth

Gross margin
36.2%
Operating margin
26.9%
Net margin
14.9%
ROE
11.1%
ROA
3.7%
Revenue growth (year over year)
11.4%
Earnings growth (year over year)
14.2%

Financial health

Total cash
$643M
Total debt
$20.09B
Debt/equity
1.53
Current ratio
0.88
Quick ratio
0.81

Dividends

Annual dividend per share
$1.41
Dividend yield
2.8%
Payout ratio
57.3%
Ex-dividend date
September 9, 2026

Analysts and estimates

Average price target
$56.67
Median price target
$58.00
High price target
$61.00
Low price target
$47.00
Analysts with a price target
13
Consensus
Hold
Forward EPS
$2.38
EPS estimate, current year
$2.32

Shares and trading

Beta
0.38
Average volume
1.44M
Shares outstanding
600.1M
Float
600.07M
Institutional ownership
26.3%
Insider ownership
47.1%
Short ratio (days)
5.54