Hydro One (HYNLY) Debt to Equity (2017 - 2025)
Hydro One (HYNLY) reported Debt to Equity of $1.49 for Q4 2025, up 3.9% year-over-year from $1.44 in Q4 2024, and up 3.9% quarter-over-quarter from $1.44 in Q4 2024.
Hydro One (HYNLY) Debt to Equity (2017 - 2025) Analysis & Trends
Hydro One (HYNLY) has 9 years of Debt to Equity data on file, last reported at $1.49 in Q4 2025.
- Debt to Equity for Q4 2025 came in at $1.49, up 3.9% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.49 (up 3.9% YoY), and the FY2025 annual result was $1.49, up 3.9% from the prior year.
- Debt to Equity rose to $1.49 in Q4 2025 per HYNLY's latest filing, from $1.44 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.49 in Q4 2025 and troughed at $1.21 in Q4 2022.
- A 5-year average of $1.34 and a median of $1.31 in 2023 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2024: Debt to Equity retreated 2.65% in 2022, then increased 9.61% in 2024.
- A 5-year view of Debt to Equity shows it stood at $1.24 in 2021, then fell by 2.65% to $1.21 in 2022, then grew by 8.41% to $1.31 in 2023, then advanced by 9.61% to $1.44 in 2024, then advanced by 3.9% to $1.49 in 2025.
- Business Quant data shows HYNLY's Debt to Equity at $1.49 in Q4 2025, $1.44 in Q4 2024, and $1.31 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | - |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 1.44 |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 1.51 |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 1.52 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 1.49 |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 2.63 |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 1.97 |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 1.90 |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 1.99 |
| 10 | Hydro One | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.49 |
| Dec 31, 2024 | 1.44 |
| Dec 31, 2023 | 1.31 |
| Dec 31, 2022 | 1.21 |
| Dec 31, 2021 | 1.24 |
| Dec 31, 2020 | 1.23 |
| Dec 31, 2019 | 1.13 |
| Dec 31, 2018 | 1.11 |
| Dec 31, 2017 | 0.93 |