Hydro One (HRNNF) Debt to Equity (2017 - 2025)

Hydro One (HRNNF) reported Debt to Equity of $1.49 for Q4 2025, up 3.9% year-over-year from $1.44 in Q4 2024, and up 3.9% quarter-over-quarter from $1.44 in Q4 2024.

Hydro One (HRNNF) Debt to Equity (2017 - 2025) Analysis & Trends

Hydro One (HRNNF) has 9 years of Debt to Equity data on file, last reported at $1.49 in Q4 2025.

  • Debt to Equity for Q4 2025 came in at $1.49, up 3.9% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.49 (up 3.9% YoY), and the FY2025 annual result was $1.49, up 3.9% from the prior year.
  • Debt to Equity rose to $1.49 in Q4 2025 per HRNNF's latest filing, from $1.44 in the prior quarter.
  • Over five years, Debt to Equity peaked at $1.49 in Q4 2025 and troughed at $1.21 in Q4 2022.
  • A 5-year average of $1.34 and a median of $1.31 in 2023 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity retreated 2.65% in 2022, then increased 9.61% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $1.24 in 2021, then fell by 2.65% to $1.21 in 2022, then grew by 8.41% to $1.31 in 2023, then advanced by 9.61% to $1.44 in 2024, then advanced by 3.9% to $1.49 in 2025.
  • Business Quant data shows HRNNF's Debt to Equity at $1.49 in Q4 2025, $1.44 in Q4 2024, and $1.31 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn -
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 1.44
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 1.51
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 1.52
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 1.49
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 2.63
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 1.97
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 1.90
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 1.99
10 Hydro One - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 1.49
Dec 31, 2024 1.44
Dec 31, 2023 1.31
Dec 31, 2022 1.21
Dec 31, 2021 1.24
Dec 31, 2020 1.23
Dec 31, 2019 1.13
Dec 31, 2018 1.11
Dec 31, 2017 0.93