Hydro One (HRNNF) Gross Margin (2017 - 2025)

Hydro One (HRNNF) has reported Gross Margin for 9 consecutive years, with 58.79% the latest figure, recorded in Q1 2025.

• On a quarterly basis, Gross Margin rose 59.0% year-over-year to 58.79% in Q1 2025; TTM through Mar 2025 was 58.95%, a 57.0% decrease from a year earlier, with the FY2025 full-year figure at 24.75%, down 2237.0% from the prior year.
• Gross Margin was 58.79% for Q1 2025 at Hydro One, up from 58.2% in the prior quarter.
• Over five years, Gross Margin peaked at 60.91% in Q1 2023 and troughed at 55.76% in Q1 2021.
• A 5-year average of 58.91% and a median of 58.79% in 2025 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin sank 364 bps in 2021 and jumped 513 bps in 2022, its largest moves.
• Over 5 years, Gross Margin stood at 55.76% in 2021, then grew by 9 bps to 60.89% in 2022, then advanced by 0 bps to 60.91% in 2023, then decreased by 4 bps to 58.2% in 2024, then advanced by 1 bps to 58.79% in 2025.
• The last three Gross Margin figures came in at 58.79% (Q1 2025), 58.2% (Q1 2024), and 60.91% (Q1 2023), per Business Quant data.