Hydro One (HRNNF) Tax Rate (2017 - 2026)

Hydro One's (HRNNF) quarterly Tax Rate came in at 9.43% in Q1 2026, down 643.0% year-on-year from 1.74% in Q1 2025, and down 17.06% on a QoQ basis from 11.36% in Q4 2025.

Hydro One (HRNNF) Tax Rate (2017 - 2026) Analysis & Trends

Hydro One (HRNNF) has 10 years of Tax Rate data on file, last reported at 9.43% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 643.0% year-over-year to 9.43% in Q1 2026; TTM through Mar 2026 was 11.01%, a 144.0% decrease from a year earlier, with the FY2025 full-year figure at 13.97%, up 52.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 9.43%, down from 11.36% in the prior quarter.
  • Over the last five years, Tax Rate for HRNNF reached as high as 18.8% in Q3 2022 and fell as low as 3.79% in Q4 2023.
  • Historically, Tax Rate has averaged 11.83% across 5 years, with a median of 11.78% in 2022.
  • Across the five-year window, Tax Rate jumped 924 bps in 2022 and slumped 1212 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 11.78% in 2022, then tumbled by 68 bps to 3.79% in 2023, then surged by 106 bps to 7.8% in 2024, then jumped by 46 bps to 11.36% in 2025, then dropped by 17 bps to 9.43% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 9.43% in Q1 2026, 11.36% in Q4 2025, and 12.37% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 16.62%
2 Dominion Energy 62.80 Bn 67.01 Bn - 18.78%
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn -9.23%
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 6.18%
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 14.35%
7 Edison International 30.65 Bn 30.49 Bn - 26.18%
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 22.85%
9 Hydro One 25.14 Bn 25.13 Bn - 9.43%
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 23.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 9.43%
Mar 31, 2026 9.43%
Mar 31, 2026 9.43%
Dec 31, 2025 11.36%
Dec 31, 2025 11.36%
Dec 31, 2025 11.36%
Sep 30, 2025 12.37%
Sep 30, 2025 12.37%
Sep 30, 2025 12.37%
Jun 30, 2025 10.91%
Jun 30, 2025 10.91%
Jun 30, 2025 10.91%
Mar 31, 2025 15.85%
Mar 31, 2025 15.85%
Mar 31, 2025 15.85%
Dec 31, 2024 7.80%
Dec 31, 2024 7.80%
Dec 31, 2024 7.80%
Sep 30, 2024 13.02%
Sep 30, 2024 13.02%