HRNNF vs DUK Stock Comparison

Hydro One and Duke Energy Prices as of Oct 26, 2026 Peers: Industry group
HRNNF Hydro One Ltd
$38.68 +7.8% 1M +3.0% 1Y
Market cap
$23.20B
P/E
22.7x
Revenue (TTM)
—
Div. yield
3.52%
Regulated Electric Utilities Utilities
1 win
DUK Duke Energy CORP
$124.46 +9.8% 1M -2.3% 1Y
Market cap
$96.55B
P/E
18.6x
Revenue (TTM)
$33.25B
Div. yield
–
Regulated Electric Utilities Utilities
5 wins

Head to Head

6 decided of 12

Duke Energy leads on 5 of the 12 questions below (Duke Energy 5, Hydro One 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHRNNFDUKLeader
Larger companyMarket capitalisation $23.20B $96.55B DUK
Cheaper on earningsLower P/E, profitable companies only 22.7x 18.6x DUK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.9x 19.0x DUK
Faster revenue growthRevenue growth, trailing twelve months — +6.3% –
More profitableNet margin, trailing twelve months — — –
Better return on capitalReturn on invested capital 6.4% — –
Less leveragedLower net debt / EBITDA 5.7x — –
Higher dividend yieldTrailing dividend yield 3.52% 0.00% –
Better 1-year returnPrice return, last 12 months +3.0% -2.3% HRNNF
Better 5-year returnAnnualised price return, 5 years — +3.9%/yr –
Less volatileAnnualised volatility, 1 year 17.6% 16.7% DUK
Higher overall scoreMean of the five percentile scores vs peers 66/100 74/100 DUK

Percentile Scorecard

HRNNFDUK

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHRNNFDUK
Valuation 32 #46 of 67 83 #12 of 67
Growth 70 #20 of 65 83 #12 of 65
Profitability 91 #7 of 64 57 #28 of 64
Financial Health 52 #31 of 64 –
Shareholder Returns 83 #12 of 67 73 #19 of 67
Overall 66 74
  • HRNNF ranked among 67 companies in Regulated Utilities
  • DUK ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHRNNFDUKSPY
1 month +7.8%+9.8% -0.8%
3 months -9.2%-3.4% +3.5%
6 months -9.2%-2.1% +7.0%
Year to date -2.4%+6.2% +12.2%
1 year +3.0%-2.3% +13.0%
3 years —+42.2% +86.3%
3 years, per year —+12.5% +23.1%
5 years —+21.1% +68.6%
5 years, per year —+3.9% +11.0%
10 years —+58.0% +258.0%
10 years, per year —+4.7% +13.6%

Risk

MeasureHRNNFDUKSPY
Volatility, 1Y 17.6%16.7% 12.7%
Downside volatility, 1Y 18.4%16.9% 12.7%
Beta vs S&P 500, 1Y -0.24-0.32 1.00
Return / volatility, 1Y 0.17-0.14 1.02
Max drawdown, 5Y -18.9%-26.0% -25.4%
From 52-week high -11.8%-6.7% -1.8%
52-week high $43.85$133.46 $779.14
52-week low $35.56$113.24 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHRNNFDUK
P/E now vs peer median 22.7xmedian 20.8x 18.7xmedian 20.8x
P/S now vs peer median —median 2.9x 2.9xmedian 2.9x
EV/EBITDA now vs peer median 15.3xmedian 13.1x —median 13.1x
P/FCF now vs peer median 12.1xmedian 36.7x —median 36.7x
P/B now vs peer median 2.5xmedian 1.7x 1.7xmedian 1.7x
PEG now vs peer median 2.15median 2.23 0.31median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHRNNFDUK
Revenue – $33.25B
Operating income – $9.23B
Net income $1.03B $5.38B
Free cash flow $1.92B –
EPS (diluted) $1.70 $6.66
Cash & equivalents $452.53M $673.00M
Total debt $54.53B –
Shares (diluted) 600.71M 779.00M
Enterprise value $22.10B $96.55B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHRNNFDUK
P/E 22.7x 18.7x
P/FCF 12.1x –
P/Operating cash flow 12.1x 8.4x
P/S – 2.9x
P/B 2.5x 1.7x
P/Tangible book 2.6x 1.7x
EV/EBITDA 15.3x –
EV/EBIT 21.8x –
EV/Revenue – 2.9x
EV/FCF 19.2x –
EV/Operating cash flow 19.2x 8.4x
PEG (3Y EPS CAGR) 2.15 0.31

Growth

14 metrics
MetricHRNNFDUK
Revenue growth (1Y) – 6.3%
Revenue CAGR (3Y) – 4.6%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – 9.5%
Operating income CAGR (3Y) – 13.2%
Net income growth (1Y) 14.0% 8.7%
Net income CAGR (3Y) 9.9% 59.0%
EPS growth (1Y) 13.5% 8.9%
EPS CAGR (3Y) 10.6% 59.6%
Operating cash flow growth (1Y) 9.8% -3.2%
Operating cash flow CAGR (3Y) 5.4% 26.8%
Free cash flow growth (1Y) 9.7% –
Free cash flow CAGR (3Y) 5.7% –

Profitability

14 metrics
MetricHRNNFDUK
Gross margin – –
EBITDA margin – –
Operating margin – –
Pretax margin – –
Net margin – –
FCF margin – –
Operating cash flow margin – 34.8%
Return on equity 11.2% 9.5%
Return on assets 3.6% 2.7%
Return on invested capital 6.4% –
Return on capital employed – –
Asset turnover – 0.2x
Cash conversion (OCF / net income) 1.9x 2.1x
Stock comp / revenue – –

Financial Health

11 metrics
MetricHRNNFDUK
Debt / assets 48.8% –
Debt / equity 1.5x –
Net debt / EBITDA 5.7x –
Debt / FCF 7.3x –
Liabilities / assets 68.1% –
Equity / assets 31.9% 28.3%
Interest coverage 3.3x –
Current ratio – 0.7x
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricHRNNFDUK
Dividend yield 3.5% 3.4%
Net buyback yield – –
Shareholder yield 3.5% 3.4%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHRNNFDUK
Forward P/E 22.9xFY2026 19.0xFY2026
EPS, next fiscal year $1.69FY2026 $6.56FY2026
EPS growth, next FY +4.3%FY2026 +4.0%FY2026
EPS growth, the year after +3.0% +15.4%
Revenue, next fiscal year $7.16BFY2026 $32.42BFY2026
Revenue growth, next FY +8.8%FY2026 +0.6%FY2026
Revenue growth, the year after +2.5% +4.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHRNNFDUK
Held by institutions 0.0% 69.7%
Institutions holding 1 2,457
Change in shares held, QoQ – +0.5%
Institutions buying 0 1,297
Institutions selling 0 801
Buyers to sellers – 1.62

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HRNNFDUK
HRNNF 1.00 0.48
DUK 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HRNNF and DUK?

Duke Energy (DUK) is the largest by market capitalisation: Hydro One (HRNNF) $23.20B, Duke Energy (DUK) $96.55B.

Which stock is cheaper, HRNNF and DUK?

Duke Energy (DUK) trades on the lowest price-to-earnings ratio (Hydro One (HRNNF) 22.7x, Duke Energy (DUK) 18.6x). On next year's consensus earnings, Duke Energy (DUK) is cheapest (Hydro One (HRNNF) 22.9x, Duke Energy (DUK) 19.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which stock has performed better?

Over the past year Hydro One (HRNNF) returned the most: Hydro One (HRNNF) +3.0%, Duke Energy (DUK) -2.3%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hydro One (HRNNF) 3.52%, Duke Energy (DUK) 0.00%. Duke Energy (DUK) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Duke Energy (DUK) has been the steadiest (Hydro One (HRNNF) 17.6%, Duke Energy (DUK) 16.7%). Volatility measures how widely the price swings, not the risk of the business.

Do HRNNF and DUK move together?

Their daily returns over the past year have a correlation of 0.48, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, HRNNF and DUK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Duke Energy (DUK) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.