Hydro One Ltd (HRNNF) Interest Coverage Ratio (2017 - 2026)
Hydro One's (HRNNF) Interest Coverage Ratio was 3.45 for the quarter ended Jun 30, 2026, up 4.2% from 3.31 a year earlier but down 0.7% from the prior quarter.
Hydro One Ltd (HRNNF) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hydro One's Interest Coverage Ratio came in at 3.31, up 1.5% year-over-year; for the year ended Dec 31, 2025, it came in at 3.30, up 4.1% from the prior year.
- By year, Interest Coverage Ratio came in at 3.17 in the year ended Dec 31, 2024 (-2.0%), 3.23 in the year ended Dec 31, 2023 (-14.3%), 3.77 in the year ended Dec 31, 2022 (+7.8%) and 3.50 in the year ended Dec 31, 2021 (+11.1%).
- Five-year quarterly Interest Coverage Ratio spans a low of 2.38 in the quarter ended Dec 31, 2024 and a high of 5.36 in the quarter ended Sep 30, 2022.
- Year over year, Interest Coverage Ratio gained in three of the last eight quarters, with an average decline of 10.1%.
- The high point for year-over-year Interest Coverage Ratio in five years was the quarter ended Mar 31, 2022 (growth of 17.4%); the low point was the quarter ended Dec 31, 2024 (a decline of 28.6%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 3.47 (quarter ended Mar 31, 2026), 2.51 (quarter ended Dec 31, 2025) and 3.82 (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.45 |
| Mar 31, 2026 | 3.47 |
| Dec 31, 2025 | 2.51 |
| Sep 30, 2025 | 3.82 |
| Jun 30, 2025 | 3.31 |
| Mar 31, 2025 | 3.63 |
| Dec 31, 2024 | 2.38 |
| Sep 30, 2024 | 3.72 |
| Jun 30, 2024 | 4.24 |
| Mar 31, 2024 | 4.34 |
| Dec 31, 2023 | -0.54 |
| Sep 30, 2023 | 4.77 |
| Jun 30, 2023 | 4.31 |
| Mar 31, 2023 | 4.56 |
| Dec 31, 2022 | -0.08 |
| Sep 30, 2022 | 5.36 |
| Jun 30, 2022 | 4.73 |
| Mar 31, 2022 | 5.34 |
| Dec 31, 2021 | 3.76 |
| Sep 30, 2021 | 5.16 |
Hydro One Ltd Interest Coverage Ratio 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=interest-coverage-ratio&ticker=HRNNF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=HRNNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();