Hydro One (HRNNF) Gross Margin (2017 - 2021)

Hydro One's (HRNNF) quarterly Gross Margin came in at 55.76% in Q1 2021, down 364.0% year-on-year from 21.12% in Q1 2020, and down 6.12% on a QoQ basis from 59.4% in Q1 2020.

Hydro One (HRNNF) Gross Margin (2017 - 2021) Analysis & Trends

Hydro One (HRNNF) has 5 years of Gross Margin data on file, last reported at 55.76% in Q1 2021.

  • On a quarterly basis, Gross Margin fell 364.0% year-over-year to 55.76% in Q1 2021; TTM through Mar 2021 was 34.06%, a 260.0% decrease from a year earlier, with the FY2025 full-year figure at 50.38%, up 326.0% from the prior year.
  • Gross Margin for Q1 2021 stood at 55.76%, down from 59.4% in the prior quarter.
  • Over the last five years, Gross Margin for HRNNF reached as high as 65.73% in Q2 2018 and fell as low as 1831.97% in Q4 2017.
  • Historically, Gross Margin has averaged 398.5% across 5 years, with a median of 56.95% in 2019.
  • Across the five-year window, Gross Margin surged 57711 bps in 2018 and slumped 364 bps in 2021, its largest moves.
  • Year by year, Gross Margin stood at 1831.97% in 2017, then surged by 32 bps to 1254.86% in 2018, then surged by 105 bps to 56.95% in 2019, then gained by 4 bps to 59.4% in 2020, then decreased by 6 bps to 55.76% in 2021.
  • Per Business Quant data, the three most recent Gross Margin figures were 55.76% in Q1 2021, 59.4% in Q1 2020, and 56.95% in Q1 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 68.53%
2 Dominion Energy 62.80 Bn 67.01 Bn - -
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 99.93%
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 59.50%
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - -
7 Edison International 30.65 Bn 30.49 Bn - -
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 65.25%
9 Hydro One 25.14 Bn 25.13 Bn - -
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 83.59%

Historic Data

Download Data
DateValue
Mar 31, 2021 55.76%
Mar 31, 2020 59.40%
Mar 31, 2019 56.95%
Dec 31, 2018 -1,254.86%
Jun 30, 2018 65.73%
Mar 31, 2018 59.49%
Dec 31, 2017 -1,831.97%