Hydro One (HRNNF) Tax Rate (2017 - 2026)
Hydro One's Tax Rate was 15.58% in the quarter ended Jun 30, 2026, down 0.07 percentage points from 15.64% a year earlier but up 6.15 percentage points from the prior quarter.
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Analysis
Hydro One (HRNNF) Tax Rate (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hydro One's Tax Rate was 12.29% through Jun 30, 2026, down 1.47 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 13.97%, up 0.52 percentage points from the prior year.
- Tax Rate shows a five-year change of +66.94 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was 13.45% in the year ended Dec 31, 2024 (+3.78 pp), 9.66% in the year ended Dec 31, 2023 (-11.73 pp), 21.40% in the year ended Dec 31, 2022 (+10.35 pp) and 11.04% in the year ended Dec 31, 2021 (+64.01 pp).
- Quarterly Tax Rate has moved between 3.79% (the quarter ended Dec 31, 2023) and 19.70% (the quarter ended Mar 31, 2022) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +2.09 percentage points.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Mar 31, 2022 (a gain of 13.39 percentage points); the worst was the quarter ended Sep 30, 2023 (a drop of 12.12 percentage points).
- Per Business Quant data, HRNNF's Tax Rate in the three quarters before the quarter ended Jun 30, 2026 was 9.43% (quarter ended Mar 31, 2026), 11.36% (quarter ended Dec 31, 2025) and 12.37% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 13.16% |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 13.60% |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 17.55% |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 6.75% |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 16.49% |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 22.09% |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 21.26% |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | - |
| 10 | Hydro One | 23.44 Bn | 22.34 Bn | - | 15.58% |
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% |
| Sep 30, 2023 | 6.68% |
| Jun 30, 2023 | 13.66% |
| Mar 31, 2023 | 13.22% |
| Sep 30, 2022 | 18.80% |
| Jun 30, 2022 | 15.32% |
| Mar 31, 2022 | 15.55% |
| Dec 31, 2021 | 16.22% |
| Sep 30, 2021 | 14.46% |
| Jun 30, 2021 | 8.64% |
| Mar 31, 2021 | 6.31% |
API Access
Hydro One Tax Rate 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=tax-rate&ticker=HRNNF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=HRNNF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();