Hydro One (HRNNF) Asset Utilization Ratio (2018 - 2026)
Hydro One's (HRNNF) Asset Utilization Ratio was 0.32 for the quarter ended Jun 30, 2026, down 3.0% from 0.33 a year earlier and down 3.2% from the prior quarter.
Hydro One (HRNNF) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Asset Utilization Ratio at Hydro One was 0.24, down 1.7% from the prior year.
- By year, Asset Utilization Ratio came in at 0.24 in the year ended Dec 31, 2024 (-1.0%), 0.24 in the year ended Dec 31, 2023 (+0.5%), 0.24 in the year ended Dec 31, 2022 (+0.1%) and 0.24 in the year ended Dec 31, 2021 (-5.5%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Asset Utilization Ratio since the quarter ended Jun 30, 2024.
- Year over year, Asset Utilization Ratio gained in two of the last six quarters, with an average decline of 0.1%.
- The high point for year-over-year Asset Utilization Ratio in five years was the quarter ended Sep 30, 2022 (growth of 10.6%); the low point was the quarter ended Sep 30, 2021 (a decline of 11.6%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 0.92 |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 0.15 |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 0.17 |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 0.19 |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 0.17 |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 0.16 |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 0.16 |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 0.15 |
| 10 | Hydro One | 21.61 Bn | 20.50 Bn | - | 0.32 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.33 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.34 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.32 |
| Sep 30, 2023 | 0.33 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.34 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.31 |
| Sep 30, 2021 | 0.30 |
| Jun 30, 2021 | 0.29 |
| Mar 31, 2021 | 0.31 |
| Sep 30, 2020 | 0.34 |
| Jun 30, 2020 | 0.32 |
| Mar 31, 2020 | 0.32 |
Hydro One Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HRNNF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HRNNF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HRNNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();