Hydro One (HRNNF) Net Margin (2017 - 2026)
Hydro One's Net Margin came in at 11.62% for the quarter ended Jun 30, 2026, up 0.20 percentage points from 11.42% a year earlier and up 0.85 percentage points from the prior quarter.
Hydro One (HRNNF) Net Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hydro One reported Net Margin of 11.01%, up 0.65 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 14.81%, up 1.18 percentage points from the prior year.
- Net Margin carries a five-year change of -9.47 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Net Margin was 13.63% in the year ended Dec 31, 2024 (-0.03 pp), 13.65% in the year ended Dec 31, 2023 (-0.14 pp), 13.79% in the year ended Dec 31, 2022 (+0.20 pp) and 13.59% in the year ended Dec 31, 2021 (-10.69 pp).
- The five-year range for quarterly Net Margin is 10.04% (the quarter ended Mar 31, 2024) to 15.14% (the quarter ended Mar 31, 2022).
- Year-over-year, Net Margin increased in five of the last six quarters, with an average year-over-year change of +0.23 percentage points.
- The fastest year-over-year change in Net Margin over five years came in the quarter ended Mar 31, 2022 (a gain of 3.45 percentage points), and the weakest in the quarter ended Mar 31, 2023 (a drop of 5.09 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 11.99% |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 7.59% |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 18.79% |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 14.51% |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 15.01% |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 13.51% |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 27.61% |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 23.25% |
| 10 | Hydro One | 21.61 Bn | 20.50 Bn | - | 11.62% |
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 | 11.08% |
| Jun 30, 2020 | 22.28% |
| Mar 31, 2020 | 9.07% |
Hydro One Net 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=net-margin&ticker=HRNNF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=HRNNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();