Hydro One (HRNNF) Net Margin (2017 - 2026)
Hydro One's (HRNNF) quarterly Net Margin came in at 11.62% in Q2 2026, up 20.0% year-over-year from 9.68% in Q2 2025, and up 7.91% quarter-over-quarter from 10.77% in Q1 2026.
Analysis
Hydro One (HRNNF) Net Margin (2017 - 2026) Analysis & Trends
Hydro One (HRNNF) has reported Net Margin for 10 consecutive years, with 11.62% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 20.0% year-over-year to 11.62% in Q2 2026; TTM through Jun 2026 was 11.01%, a 65.0% increase from a year earlier, with the FY2025 full-year figure at 14.81%, up 118.0% from the prior year.
- Net Margin was 11.62% for Q2 2026 at Hydro One, up from 10.77% in the prior quarter.
- Over five years, Net Margin peaked at 15.14% in Q1 2022 and troughed at 10.04% in Q1 2024.
- A 5-year average of 11.61% and a median of 11.15% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 345 bps in 2022 and slumped 509 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 11.59% in 2022, then gained by 19 bps to 13.77% in 2023, then dropped by 10 bps to 12.41% in 2024, then advanced by 7 bps to 13.31% in 2025, then fell by 13 bps to 11.62% in 2026.
- The last three Net Margin figures came in at 11.62% (Q2 2026), 10.77% (Q1 2026), and 13.31% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 307.79 Bn | 307.79 Bn | 890.00 Mn | 11.99% |
| 2 | Dominion Energy | 57.93 Bn | 61.83 Bn | 3.50 Bn | 7.37% |
| 3 | Xcel Energy | 47.28 Bn | 45.27 Bn | 3.12 Bn | 18.79% |
| 4 | Wec Energy | 34.52 Bn | 34.88 Bn | 1.45 Bn | 14.51% |
| 5 | Ameren | 29.47 Bn | 29.59 Bn | - | 15.01% |
| 6 | Firstenergy | 27.06 Bn | 28.36 Bn | 2.51 Bn | 9.57% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 11.62% |
| 8 | Edison International | 21.84 Bn | 21.60 Bn | 3.29 Bn | 12.26% |
| 9 | Cms Energy | 21.46 Bn | 21.85 Bn | 3.65 Bn | 9.98% |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 13.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.62% |
| Mar 31, 2026 | 10.77% |
| Sep 30, 2025 | 13.31% |
| Jun 30, 2025 | 11.42% |
| Mar 31, 2025 | 10.36% |
| Sep 30, 2024 | 12.41% |
| Jun 30, 2024 | 10.51% |
| Mar 31, 2024 | 10.04% |
| Sep 30, 2023 | 13.77% |
| Jun 30, 2023 | 10.62% |
| Mar 31, 2023 | 10.06% |
| Sep 30, 2022 | 11.59% |
| Jun 30, 2022 | 10.87% |
| Mar 31, 2022 | 15.14% |
| Sep 30, 2021 | 12.46% |
| Jun 30, 2021 | 13.82% |
| Mar 31, 2021 | 11.69% |
| Sep 30, 2020 | 14.77% |
| Jun 30, 2020 | 66.05% |
| Mar 31, 2020 | 12.16% |