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| Date | Value |
|---|---|
| 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% |