Hydro One (HRNNF) Deferred Taxes (2017 - 2026)
Hydro One (HRNNF) posted quarterly Deferred Taxes of $28.4 million for Q1 2026, up 20.02% year-over-year from $23.7 million in Q1 2025, and up 595.74% quarter-over-quarter from -$5.7 million in Q4 2025.
Hydro One (HRNNF) Deferred Taxes (2017 - 2026) Analysis & Trends
Hydro One (HRNNF) has reported Deferred Taxes for 10 consecutive years, with $28.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes rose 20.02% year-over-year to $28.4 million; the TTM figure through Mar 2026 stood at $58.9 million (down 38.21% YoY), while the FY2025 annual figure was $54.4 million, down 46.81% from the prior year.
- Deferred Taxes climbed to $28.4 million in Q1 2026 per HRNNF's latest filing, from -$5.7 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $69.8 million in Q3 2022 and bottomed at -$5.7 million in Q4 2025.
- Historically, Deferred Taxes has averaged $28.5 million across 5 years, with a median of $28.4 million in 2026.
- Annual changes were most pronounced in 2022 — Deferred Taxes surged 359.81% — and 2025, when it tumbled 180.14%.
- Hydro One's Deferred Taxes stood at $25.0 million in 2022, then sank by 85.34% to $3.7 million in 2023, then soared by 94.91% to $7.2 million in 2024, then sank by 180.14% to -$5.7 million in 2025, then soared by 595.74% to $28.4 million in 2026.
- Business Quant data shows HRNNF's Deferred Taxes at $28.4 million in Q1 2026, -$5.7 million in Q4 2025, and $12.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 32.00 Mn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | -23.00 Mn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 162.10 Mn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 71.00 Mn |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | - |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 24.58 Mn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 79.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 30.36 Mn |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 114.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.44 Mn |
| Dec 31, 2025 | -5.74 Mn |
| Sep 30, 2025 | 12.35 Mn |
| Jun 30, 2025 | 23.82 Mn |
| Mar 31, 2025 | 23.70 Mn |
| Dec 31, 2024 | 7.16 Mn |
| Sep 30, 2024 | 30.79 Mn |
| Jun 30, 2024 | 33.63 Mn |
| Mar 31, 2024 | 31.17 Mn |
| Dec 31, 2023 | 3.67 Mn |
| Sep 30, 2023 | 16.41 Mn |
| Jun 30, 2023 | 38.71 Mn |
| Mar 31, 2023 | 39.94 Mn |
| Dec 31, 2022 | 25.05 Mn |
| Sep 30, 2022 | 69.77 Mn |
| Jun 30, 2022 | 48.63 Mn |
| Mar 31, 2022 | 57.63 Mn |
| Dec 31, 2021 | 46.81 Mn |
| Sep 30, 2021 | 50.05 Mn |
| Jun 30, 2021 | 10.58 Mn |