Hydro One (HRNNF) EBITDA (2017 - 2026)
Hydro One (HRNNF) posted quarterly EBITDA of $317.2 million for Q1 2026, up 6.1% year-over-year from $299.0 million in Q1 2025, and down 33.28% quarter-over-quarter from $475.4 million in Q4 2025.
Hydro One (HRNNF) EBITDA (2017 - 2026) Analysis & Trends
Hydro One (HRNNF) has reported EBITDA for 10 consecutive years, with $317.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA rose 6.1% year-over-year to $317.2 million; the TTM figure through Mar 2026 stood at $1.5 billion (up 34.62% YoY), while the FY2025 annual figure was $1.6 billion, up 11.49% from the prior year.
- EBITDA declined to $317.2 million in Q1 2026 per HRNNF's latest filing, from $475.4 million in the prior quarter.
- Across five years, EBITDA topped out at $534.7 million in Q4 2023 and bottomed at $163.9 million in Q4 2024.
- Historically, EBITDA has averaged $360.5 million across 5 years, with a median of $358.0 million in 2023.
- Annual changes were most pronounced in 2024 — EBITDA plunged 69.34% — and 2025, when it soared 190.02%.
- Hydro One's EBITDA stood at $256.4 million in 2022, then surged by 108.58% to $534.7 million in 2023, then slumped by 69.34% to $163.9 million in 2024, then soared by 190.02% to $475.4 million in 2025, then tumbled by 33.28% to $317.2 million in 2026.
- Business Quant data shows HRNNF's EBITDA at $317.2 million in Q1 2026, $475.4 million in Q4 2025, and $352.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 332.00 Mn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 706.00 Mn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 432.80 Mn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 459.00 Mn |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 1.09 Bn |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 1.03 Bn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 1.10 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 451.11 Mn |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 754.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 317.20 Mn |
| Dec 31, 2025 | 475.43 Mn |
| Sep 30, 2025 | 352.42 Mn |
| Jun 30, 2025 | 403.44 Mn |
| Mar 31, 2025 | 298.98 Mn |
| Dec 31, 2024 | 163.93 Mn |
| Sep 30, 2024 | 315.21 Mn |
| Jun 30, 2024 | 372.15 Mn |
| Mar 31, 2024 | 366.60 Mn |
| Dec 31, 2023 | 534.74 Mn |
| Sep 30, 2023 | 402.06 Mn |
| Jun 30, 2023 | 354.36 Mn |
| Mar 31, 2023 | 358.01 Mn |
| Dec 31, 2022 | 256.37 Mn |
| Sep 30, 2022 | 407.91 Mn |
| Jun 30, 2022 | 348.25 Mn |
| Mar 31, 2022 | 401.05 Mn |
| Dec 31, 2021 | 568.82 Mn |
| Sep 30, 2021 | 390.05 Mn |
| Jun 30, 2021 | 301.01 Mn |