Hydro One (HRNNF) Net Income (2017 - 2026)
Hydro One's Net Income was $270.37 million in the quarter ended Jun 30, 2026, up 13.9% from $237.44 million a year earlier but down 5.9% from the prior quarter.
Hydro One (HRNNF) Net Income (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hydro One's Net Income was $1.03 billion through Jun 30, 2026, up 14.0% year-over-year; for the year ended Dec 31, 2025, it was $967.35 million, up 16.0% from the prior year.
- Net Income has now increased for four consecutive years, though with a five-year compound annual growth rate of -6.8% (years ended Dec 2020 to Dec 2025).
- In earlier years, Net Income was $833.96 million in the year ended Dec 31, 2024 (+3.8%), $803.58 million in the year ended Dec 31, 2023 (+3.1%), $779.43 million in the year ended Dec 31, 2022 (+1.0%) and $771.92 million in the year ended Dec 31, 2021 (-44.0%).
- Quarterly Net Income has moved between $127.73 million (the quarter ended Dec 31, 2021) and $308.82 million (the quarter ended Sep 30, 2025) over five years.
- Compared with a year earlier, Net Income has increased for ten straight quarters, with growth averaging 11.4% over the last eight quarters.
- The best year-over-year quarter for Net Income over five years was the quarter ended Dec 31, 2022 (growth of 40.1%); the worst was the quarter ended Dec 31, 2023 (a decline of 24.9%).
- Per Business Quant data, HRNNF's Net Income in the three quarters before the quarter ended Jun 30, 2026 was $287.31 million (quarter ended Mar 31, 2026), $167.8 million (quarter ended Dec 31, 2025) and $308.82 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 4.78 Bn |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 1.17 Bn |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 1.58 Bn |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 423.00 Mn |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 329.00 Mn |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 942.00 Mn |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 487.82 Mn |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 586.00 Mn |
| 10 | Hydro One | 23.44 Bn | 22.34 Bn | - | 270.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 270.37 Mn |
| Mar 31, 2026 | 287.31 Mn |
| Dec 31, 2025 | 167.80 Mn |
| Sep 30, 2025 | 308.82 Mn |
| Jun 30, 2025 | 237.44 Mn |
| Mar 31, 2025 | 251.59 Mn |
| Dec 31, 2024 | 143.89 Mn |
| Sep 30, 2024 | 274.16 Mn |
| Jun 30, 2024 | 215.69 Mn |
| Mar 31, 2024 | 218.92 Mn |
| Dec 31, 2023 | 134.42 Mn |
| Sep 30, 2023 | 268.53 Mn |
| Jun 30, 2023 | 198.77 Mn |
| Mar 31, 2023 | 210.07 Mn |
| Dec 31, 2022 | 131.87 Mn |
| Sep 30, 2022 | 237.69 Mn |
| Jun 30, 2022 | 201.58 Mn |
| Mar 31, 2022 | 246.32 Mn |
| Dec 31, 2021 | 127.73 Mn |
| Sep 30, 2021 | 239.91 Mn |
Hydro One Net Income 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=net-income&ticker=HRNNF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=HRNNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();