Hydro One (HRNNF) Return on Invested Capital [ROIC] (2018 - 2026)
Hydro One (HRNNF) reported Return on Invested Capital [ROIC] of 6.26% for the quarter ended Jun 30, 2026, up 0.18 percentage points from 6.08% a year earlier and up 0.02 percentage points from the prior quarter.
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Analysis
Hydro One (HRNNF) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Hydro One posted Return on Invested Capital [ROIC] of 6.25%, up 0.38 percentage points from the prior year.
- Return on Invested Capital [ROIC] has a five-year change of +6.25 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Invested Capital [ROIC] came in at 5.87% in the year ended Dec 31, 2024 (-0.29 pp), 6.16% in the year ended Dec 31, 2023 (+0.84 pp), 5.32% in the year ended Dec 31, 2022 (+5.32 pp) and 0.00% in the year ended Dec 31, 2021 (unchanged).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Return on Invested Capital [ROIC] since the quarter ended Mar 31, 2025.
- Year over year, Return on Invested Capital [ROIC] gained in 1 of the last eight quarters, with an average year-over-year change of -0.98 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was the quarter ended Sep 30, 2023 (a gain of 1.00 percentage points); the low point was the quarter ended Sep 30, 2021 (a drop of 12.43 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 6.24% (quarter ended Mar 31, 2026), 6.06% (quarter ended Dec 31, 2025) and 6.02% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 4.94% |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 5.14% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 5.41% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 5.55% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 3.52% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 3.27% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 4.68% |
| 10 | Hydro One | 21.49 Bn | 20.38 Bn | - | 6.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.26% |
| Mar 31, 2026 | 6.24% |
| Dec 31, 2025 | 6.06% |
| Sep 30, 2025 | 6.02% |
| Jun 30, 2025 | 6.08% |
| Mar 31, 2025 | 6.62% |
| Dec 31, 2024 | 6.94% |
| Sep 30, 2024 | 7.51% |
| Jun 30, 2024 | 8.01% |
| Mar 31, 2024 | 7.96% |
| Dec 31, 2023 | 8.00% |
| Sep 30, 2023 | 8.42% |
| Jun 30, 2023 | 8.21% |
| Mar 31, 2023 | 8.16% |
| Dec 31, 2022 | 8.10% |
| Sep 30, 2022 | 7.42% |
| Jun 30, 2022 | 7.50% |
| Mar 31, 2022 | 7.35% |
| Dec 31, 2021 | 7.30% |
| Sep 30, 2021 | 7.37% |
API Access
Hydro One Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=HRNNF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=HRNNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();