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| Date | Value |
|---|---|
| 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% |