Hydro One (HYNLY) Gross Margin (2018 - 2021)
Hydro One (HYNLY) reported Gross Margin of 89.12% for Q3 2021, down 55.0% year-over-year from 198.04% in Q3 2020, and up 3.21% quarter-over-quarter from 86.35% in Q2 2021.
Hydro One (HYNLY) Gross Margin (2018 - 2021) Analysis & Trends
Hydro One (HYNLY) has 4 years of Gross Margin data on file, last reported at 89.12% in Q3 2021.
- Gross Margin for Q3 2021 came in at 89.12%, down 55.0% year-over-year; the trailing twelve-month figure through Sep 2021 was 88.26% (down 55.0% YoY), and the FY2025 annual result was 86.66%, up 208.0% from the prior year.
- Gross Margin grew to 89.12% in Q3 2021 per HYNLY's latest filing, from 86.35% in the prior quarter.
- Over five years, Gross Margin peaked at 94.1% in Q1 2019 and troughed at 497.85% in Q4 2018.
- A 4-year average of 43.11% and a median of 87.68% in 2019 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2019 and 2020: Gross Margin jumped 766 bps in 2019, then slumped 479 bps in 2020.
- A 4-year view of Gross Margin shows it stood at 497.85% in 2018, then surged by 118 bps to 87.68% in 2019, then increased by 2 bps to 89.67% in 2020, then fell by 1 bps to 89.12% in 2021.
- Business Quant data shows HYNLY's Gross Margin at 89.12% in Q3 2021, 86.35% in Q2 2021, and 87.7% in Q1 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 68.53% |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 80.37% |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 83.21% |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 82.28% |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 77.44% |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 2,303.35% |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 73.91% |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 65.25% |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 83.59% |
| 10 | Hydro One | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 89.12% |
| Jun 30, 2021 | 86.35% |
| Mar 31, 2021 | 87.70% |
| Sep 30, 2020 | 89.67% |
| Jun 30, 2020 | 88.34% |
| Mar 31, 2020 | 89.32% |
| Sep 30, 2019 | 87.68% |
| Jun 30, 2019 | 85.88% |
| Mar 31, 2019 | 94.10% |
| Dec 31, 2018 | -497.85% |
| Sep 30, 2018 | 87.09% |
| Jun 30, 2018 | 86.56% |
| Mar 31, 2018 | 86.45% |