Hydro One (HRNNF) Tax Rate (2017 - 2026)
Hydro One's (HRNNF) quarterly Tax Rate came in at 15.58% in Q2 2026, down 7.0% year-over-year from 16.75% in Q2 2025, and up 65.25% quarter-over-quarter from 9.43% in Q1 2026.
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Analysis
Hydro One (HRNNF) Tax Rate (2017 - 2026) Analysis & Trends
Hydro One (HRNNF) has reported Tax Rate for 10 consecutive years, with 15.58% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 7.0% year-over-year to 15.58% in Q2 2026; TTM through Jun 2026 was 12.29%, a 147.0% decrease from a year earlier, with the FY2025 full-year figure at 13.97%, up 52.0% from the prior year.
- Tax Rate was 15.58% for Q2 2026 at Hydro One, up from 9.43% in the prior quarter.
- Over five years, Tax Rate peaked at 19.7% in Q1 2022 and troughed at 3.79% in Q4 2023.
- A 5-year average of 12.53% and a median of 12.7% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 1339 bps in 2022 and sank 1212 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 11.78% in 2022, then tumbled by 68 bps to 3.79% in 2023, then jumped by 106 bps to 7.8% in 2024, then soared by 46 bps to 11.36% in 2025, then surged by 37 bps to 15.58% in 2026.
- The last three Tax Rate figures came in at 15.58% (Q2 2026), 9.43% (Q1 2026), and 11.36% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 290.50 Bn | 290.50 Bn | 890.00 Mn | -25.06% |
| 2 | Dominion Energy | 55.93 Bn | 59.84 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 45.14 Bn | 43.13 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 33.62 Bn | 33.98 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 28.30 Bn | 28.41 Bn | - | 14.13% |
| 6 | Fortis | 27.45 Bn | 28.74 Bn | 1.60 Bn | 14.18% |
| 7 | Firstenergy | 26.18 Bn | 27.48 Bn | 2.51 Bn | 20.72% |
| 8 | Hydro One | 22.32 Bn | 21.93 Bn | - | 15.58% |
| 9 | Edison International | 21.27 Bn | 21.03 Bn | 3.29 Bn | 16.89% |
| 10 | Cms Energy | 20.49 Bn | 20.87 Bn | 3.65 Bn | 24.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.58% |
| Mar 31, 2026 | 9.43% |
| Dec 31, 2025 | 11.36% |
| Sep 30, 2025 | 12.37% |
| Jun 30, 2025 | 15.64% |
| Mar 31, 2025 | 15.85% |
| Dec 31, 2024 | 7.80% |
| Sep 30, 2024 | 13.02% |
| Jun 30, 2024 | 11.20% |
| Mar 31, 2024 | 10.32% |
| Dec 31, 2023 | 3.79% |
| Sep 30, 2023 | 6.68% |
| Jun 30, 2023 | 13.66% |
| Mar 31, 2023 | 13.22% |
| Dec 31, 2022 | 11.78% |
| Sep 30, 2022 | 18.80% |
| Jun 30, 2022 | 15.32% |
| Mar 31, 2022 | 19.70% |
| Dec 31, 2021 | 16.22% |
| Sep 30, 2021 | 14.46% |