Hydro One (HRNNF) Gross Margin (2018 - 2025)
Hydro One's Gross Margin was 50.38% in the year ended Dec 31, 2025, up 3.26 percentage points from 47.12% a year earlier.
Powered by 
Analysis
Hydro One (HRNNF) Gross Margin (2018 - 2025) Analysis & Trends
From the year ended Dec 31, 2017 onward, Hydro One has reported Gross Margin for 9 years.
- Gross Margin shows a five-year change of +3.25 percentage points (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 marks the highest annual Gross Margin since the year ended Dec 31, 2022.
- Per Business Quant data, Gross Margin in earlier years was 47.12% in the year ended Dec 31, 2024 (-0.06 pp), 47.18% in the year ended Dec 31, 2023 (-4.95 pp), 52.13% in the year ended Dec 31, 2022 (+3.68 pp) and 48.46% in the year ended Dec 31, 2021 (+1.32 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 39.24% |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 73.06% |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 75.47% |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 99.07% |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | - |
| 10 | Hydro One | 21.61 Bn | 20.50 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 58.79% |
| Mar 31, 2024 | 58.20% |
| Mar 31, 2023 | 60.91% |
| Mar 31, 2022 | 60.89% |
| Mar 31, 2021 | 55.76% |
| Mar 31, 2020 | 59.40% |
| Mar 31, 2019 | 56.95% |
| Mar 31, 2018 | 59.49% |
API Access
Hydro One Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HRNNF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HRNNF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HRNNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();