Hydro One Limited

H.TO (TSX: H) TSX
Sector: Utilities · Industry: — · Exchange: TSX
57.08 +0.040 (+0.1%) Market cap: $34.25B
52-week range low 50.64 · Sep 15, 2026high 60.19 · Jul 24, 2026

At a glance

Price chart

Split- and dividend-adjusted. All three lines are rebased to 100 at the start of the range, so the chart compares moves, not prices. L marks a LONG plan, S a SHORT plan — each links to that session's day page.

PriceComposite (XIU.TO, proxy)Sector fund (iShares S&P/TSX Capped Utilities Index ETF (XUT.TO))
H.TO price, 1M +13% +0% -2% Oct 13, 2026 Nov 12, 2026 Volume
H.TO price, 6M +12% +0% -15% May 13, 2026 Nov 12, 2026 Volume
H.TO price, 1Y +22% +0% -6% Nov 11, 2025 Nov 12, 2026 Volume
H.TO price, 5Y +105% +0% -31% Nov 12, 2021 Nov 10, 2026 Volume
Monthly closes (table version, last 5 years)
Monthly closes, adjusted
MonthClose
2021-1232.91
2022-0132.84
2022-0231.30
2022-0333.68
2022-0434.73
2022-0535.28
2022-0634.61
2022-0735.75
2022-0835.56
2022-0933.78
2022-1034.16
2022-1137.62
2022-1236.27
2023-0136.38
2023-0235.41
2023-0338.48
2023-0439.68
2023-0538.69
2023-0637.85
2023-0737.20
2023-0835.12
2023-0934.58
2023-1035.96
2023-1137.72
2023-1239.70
2024-0139.90
2024-0240.45
2024-0339.50
2024-0438.56
2024-0539.26
2024-0639.85
2024-0743.27
2024-0845.81
2024-0946.88
2024-1044.83
2024-1145.79
2024-1244.27
2025-0145.22
2025-0246.34
2025-0348.39
2025-0453.04
2025-0550.53
2025-0649.07
2025-0749.00
2025-0850.01
2025-0949.65
2025-1051.73
2025-1154.74
2025-1254.64
2026-0153.83
2026-0258.62
2026-0357.45
2026-0458.36
2026-0556.70
2026-0658.50
2026-0758.40
2026-0853.36
2026-0950.71
2026-1055.24
2026-1157.08

The Composite is proxied by XIU.TO (iShares S&P/TSX 60 Index ETF); the database holds no Composite index series. The sector fund is a fund, never the index.

Performance

Over the past year the stock is up 9.4% against +20.0% for the Composite — 10.6 points behind.

Returns by period; 3Y and 5Y are annualized
Metric1W1M3M6MYTD1Y3Y5Y
Stock-0.9%+12.4%+0.6%-2.9%+4.5%+9.4%+14.9%+13.5%
Sector fund (XUT.TO)+0.9%+6.6%+2.6%+3.7%+15.5%+11.0%+14.9%+4.1%
Composite (XIU.TO, proxy)+1.8%+2.8%-0.1%+9.4%+16.1%+20.0%+22.0%+10.5%
Difference vs Composite-2.7%+9.6%+0.6%-12.3%-11.6%-10.6%-7.1%+3.1%

3Y and 5Y are annualized from 3Y. The Composite is proxied by XIU.TO; the sector fund is iShares S&P/TSX Capped Utilities Index ETF (XUT.TO).

Risk and trading

1-year volatility +15.5% (annualized); largest fall from a peak -15.9% (Jul 24, 2026 to Sep 15, 2026); beta 0.30 against the Composite (2Y weekly).

Risk and trading, prices to Nov 12, 2026
Volatility (1Y, annualized)+15.5%
Maximum drawdown (1Y)-15.9% (Jul 24, 2026 to Sep 15, 2026)
Beta (2Y weekly, vs Composite)0.30
Average daily volume (3M)1,579,448
Dollar volume (3M, average per day)$84.1M
LiquidityHigh (High: $1M or more a day; Moderate: $100K or more; Low: under $100K, by average daily dollar volume.)

Valuation

P/E 24.4 — lower than 38% of Utilities peers (13 companies). The sector median P/E is 24.2.

Valuation multiples, snapshot Nov 12, 2026
MultipleValueAgainst sector peers
P/E (TTM)24.4 Lower than 38% of peers (13 companies; median 24.2)
Earnings yield4.10%—
P/B2.60 Lower than 18% of peers (17 companies; median 1.72)
P/SNot available: Not available — needs TTM revenue; see financials.—
EV/EBITDA16.1 Lower than 20% of peers (15 companies; median 13.5)
Dividend yield2.48%—
Payout ratioNot available: Not available — no stored dividend history yet.—

Each multiple is shown against the sector median of the pages' universe as a percentile: "lower than 25% of peers" means the value sits below 25% of them. Valuation multiples are from the Nov 12, 2026 snapshot, and are always printed with that date.

More: dividend rate and earnings yield

Dividend rate: 1.41. Earnings yield is earnings per share divided by price — the inverse of P/E.

Financials

Revenue $9.04B in 2025 (TTM $9.52B); net income $1.34B; free cash flow -$355.0M. Reporting currency: CAD.

Annual figures, last 4 fiscal years, plus TTM
Metric2022202320242025TTM
Revenue$7.78B$7.84B$8.48B$9.04B$9.52B
Gross margin36.0%36.2%35.7%37.0%—
Net income$1.05B$1.08B$1.16B$1.34B$1.42B
Free cash flow$174.0M-$64.0M-$274.0M-$355.0M-$327.0M
Diluted shares598,714,704599,077,067599,435,650599,781,811—

Revenue by year

2022202320242025

Free cash flow by year

2022202320242025
Balance sheet, latest annual row
Cash$549.0M
Total debt$19.16B
Debt-to-equity1.51
Operating margin (latest snapshot, Nov 12, 2026)24.1%

Figures as reported in stored financials; reporting currency CAD. Operating margin is not stored per year, so the latest snapshot value is shown. TTM covers 2025-09-30, 2025-12-31, 2026-03-31, 2026-06-30.

Dividends and splits

Pays a 2.48% trailing dividend yield (as of Nov 12, 2026). No splits on record.

Dividend history, last 5 years
YearDividend per share
Not available: No stored dividend history yet.

Trailing yield 2.48% is the stored key-stats snapshot value (as of Nov 12, 2026) — the dividend history itself is not stored yet, so no history table is shown.

Split history (from the split inventory)
DateActionRatio
Not available: No splits on record for this ticker.

Next ex-dividend date: Not available: No stored ex-dividend dates for equities. Prices on the chart are split- and dividend-adjusted (no splits on record, so nothing to adjust).

Ownership and dilution

Insiders bought 0 times and sold 0 times in the 90 days to Nov 12, 2026. Shares outstanding grew 0.1% over 1 year.

Ownership, insider window 2026-08-14 to 2026-11-12
Insider buys (90 days)0
Insider sell (90 days)0
Shares outstanding change (1Y)+0.1%
Shares outstanding change (3Y)+0.2%
Held by insiders47.07%
Held by institutions25.71%

Counts are by filing date. Holdings are from the key-stats snapshot (as of Nov 12, 2026).

No insider trades stored for this ticker.

Peers

Peers in Utilities, by market cap: NEE.TO, CEGS.TO, FTS.TO, EMA.TO, CU.TO, CPX.TO, ACO-X.TO, AQN.TO.

Peers in Utilities, by market cap (prices to Nov 12, 2026)
TickerPrice1Y %Market capP/EEV/EBITDADiv yield1Y vol
NEE.TO27.37—$238.99B15.5——+21.5%
CEGS.TO19.21-21.5%$135.51B23.1——+50.7%
FTS.TO84.43+16.2%$43.55B24.014.43.16%+14.3%
EMA.TO72.33+8.6%$22.30B24.213.54.10%+15.8%
CU.TO53.24+26.9%$14.50B380.315.33.50%+16.7%
CPX.TO64.79-2.5%$10.20B—16.34.25%+28.5%
ACO-X.TO87.54+57.5%$8.84B55.412.42.38%+20.6%
AQN.TO7.90-9.2%$6.08B24.713.64.58%+23.8%

Each row links to its own page when one exists. Peer 1Y returns and volatility use raw closes; peer splits are unadjusted.

analiti.ca history

No published plans for this ticker.

Every published plan for this ticker (outcome under the full ladder; first exit shown second)
DateSideEntryStopFirst exitExitsOutcome (full ladder)First exitHold
Not available: No published plans for this ticker.

The full ladder is the headline method: 40/30/20% at the three exits, the last slice held to stop or end. First exit credits the whole position at the first exit level. Full history: the track record.

Superstock score

No Superstock score published for this ticker. The score is the published Superstock screen score — nothing else.

Sector condition: Utilities — Leading (as of Nov 5, 2026). Superstock screen.

Key dates

Next earningsNot available: No company release or exchange notice in the stored data — stored dates are Yahoo-sourced, so none is shown.
Last earningsAug 12, 2026 · EPS 0.62
Next ex-dividendNot available: No stored ex-dividend dates for equities.

The next earnings date is shown only from the company's own release or an exchange notice, with a link. The stored last-earnings date is Yahoo-sourced.

Sources and data notes

BlockSourceAs of
prices, chart, performance, riskdaily_prices (Yahoo)Nov 12, 2026
valuation, market cap, ownershipyahoo_key_stats snapshotNov 12, 2026
financialsfinancials (Yahoo)Jun 30, 2026
plans, resolutionspublished entries-*.json + track-record.jsonNov 12, 2026
insidersinsider_trades (SEDI filings)Nov 12, 2026
splitsSplit inventory (interim table)Nov 5, 2026
sector conditionconditions-2026-11-05.jsonNov 5, 2026
Superstock scoresuperstock_checks + superstock.jsonNov 12, 2026

Not available rules. A field older than its freshness limit shows "not available", never a stale number: prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days. Valuation multiples are always printed with their snapshot date.

Data file: /data/t/H.TO.json · Markdown twin: /t/H.TO.md

Facts and published history only. Plans are generated by a quant model.