Hydro One (HRNNF) EBITDA Margin (2017 - 2026)
Hydro One's (HRNNF) quarterly EBITDA Margin came in at 19.6% in Q2 2026, up 7.0% year-over-year from 18.31% in Q2 2025, and up 16.47% quarter-over-quarter from 16.83% in Q1 2026.
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Hydro One (HRNNF) EBITDA Margin (2017 - 2026) Analysis & Trends
Hydro One (HRNNF) has reported EBITDA Margin for 10 consecutive years, with 19.6% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 7.0% year-over-year to 19.6% in Q2 2026; TTM through Jun 2026 was 18.13%, a 70.0% increase from a year earlier, with the FY2025 full-year figure at 34.42%, up 148.0% from the prior year.
- EBITDA Margin was 19.6% for Q2 2026 at Hydro One, up from 16.83% in the prior quarter.
- Over five years, EBITDA Margin peaked at 26.3% in Q3 2023 and troughed at 16.83% in Q1 2026.
- A 5-year average of 21.82% and a median of 22.05% in 2023 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin surged 161 bps in 2022 and plunged 664 bps in 2024, its largest moves.
- Over 5 years, EBITDA Margin stood at 24.69% in 2022, then advanced by 7 bps to 26.3% in 2023, then fell by 25 bps to 19.66% in 2024, then grew by 6 bps to 20.77% in 2025, then fell by 6 bps to 19.6% in 2026.
- The last three EBITDA Margin figures came in at 19.6% (Q2 2026), 16.83% (Q1 2026), and 20.77% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 307.79 Bn | 307.79 Bn | 890.00 Mn | 30.20% |
| 2 | Dominion Energy | 57.93 Bn | 61.83 Bn | 3.50 Bn | 7.41% |
| 3 | Xcel Energy | 47.28 Bn | 45.27 Bn | 3.12 Bn | 22.64% |
| 4 | Wec Energy | 34.52 Bn | 34.88 Bn | 1.45 Bn | 20.99% |
| 5 | Ameren | 29.47 Bn | 29.59 Bn | - | 21.94% |
| 6 | Firstenergy | 27.06 Bn | 28.36 Bn | 2.51 Bn | 29.93% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 19.60% |
| 8 | Edison International | 21.84 Bn | 21.60 Bn | 3.29 Bn | 25.06% |
| 9 | Cms Energy | 21.46 Bn | 21.85 Bn | 3.65 Bn | 16.54% |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 33.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.60% |
| Mar 31, 2026 | 16.83% |
| Sep 30, 2025 | 20.77% |
| Jun 30, 2025 | 19.53% |
| Mar 31, 2025 | 17.13% |
| Sep 30, 2024 | 19.66% |
| Jun 30, 2024 | 23.98% |
| Mar 31, 2024 | 22.00% |
| Sep 30, 2023 | 26.30% |
| Jun 30, 2023 | 24.86% |
| Mar 31, 2023 | 22.11% |
| Sep 30, 2022 | 24.69% |
| Jun 30, 2022 | 24.00% |
| Mar 31, 2022 | 24.10% |
| Sep 30, 2021 | 25.29% |
| Jun 30, 2021 | 22.39% |
| Mar 31, 2021 | 23.04% |
| Sep 30, 2020 | 21.37% |
| Jun 30, 2020 | 21.51% |
| Mar 31, 2020 | 19.55% |