Hydro One (HRNNF) Tax Provisions (2017 - 2026)
Hydro One (HRNNF) posted quarterly Tax Provisions of $29.9 million for Q1 2026, down 36.91% year-over-year from $47.4 million in Q1 2025, and up 38.98% quarter-over-quarter from $21.5 million in Q4 2025.
Hydro One (HRNNF) Tax Provisions (2017 - 2026) Analysis & Trends
Hydro One (HRNNF) has reported Tax Provisions for 10 consecutive years, with $29.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 36.91% year-over-year to $29.9 million; the TTM figure through Mar 2026 stood at $139.0 million (down 2.29% YoY), while the FY2025 annual figure was $156.7 million, up 18.56% from the prior year.
- Tax Provisions improved to $29.9 million in Q1 2026 per HRNNF's latest filing, from $21.5 million in the prior quarter.
- Across five years, Tax Provisions topped out at $76.7 million in Q3 2022 and bottomed at $9.5 million in Q4 2023.
- Historically, Tax Provisions has averaged $39.6 million across 5 years, with a median of $41.7 million in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 203.61% — and 2023, when it slumped 68.39%.
- Hydro One's Tax Provisions stood at $30.2 million in 2022, then slumped by 68.39% to $9.5 million in 2023, then increased by 27.44% to $12.2 million in 2024, then soared by 76.78% to $21.5 million in 2025, then soared by 38.98% to $29.9 million in 2026.
- Business Quant data shows HRNNF's Tax Provisions at $29.9 million in Q1 2026, $21.5 million in Q4 2025, and $43.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 122.00 Mn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | -60.00 Mn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 27.00 Mn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 52.00 Mn |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 114.00 Mn |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 54.94 Mn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 92.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 49.88 Mn |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 118.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.90 Mn |
| Dec 31, 2025 | 21.51 Mn |
| Sep 30, 2025 | 43.60 Mn |
| Jun 30, 2025 | 44.02 Mn |
| Mar 31, 2025 | 47.39 Mn |
| Dec 31, 2024 | 12.17 Mn |
| Sep 30, 2024 | 41.05 Mn |
| Jun 30, 2024 | 41.68 Mn |
| Mar 31, 2024 | 37.85 Mn |
| Dec 31, 2023 | 9.55 Mn |
| Sep 30, 2023 | 26.85 Mn |
| Jun 30, 2023 | 48.39 Mn |
| Mar 31, 2023 | 47.34 Mn |
| Dec 31, 2022 | 30.20 Mn |
| Sep 30, 2022 | 76.67 Mn |
| Jun 30, 2022 | 53.34 Mn |
| Mar 31, 2022 | 62.37 Mn |
| Dec 31, 2021 | 43.63 Mn |
| Sep 30, 2021 | 56.40 Mn |
| Jun 30, 2021 | 21.15 Mn |