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StockVS

TSX · Utilities - Regulated Electric · CAD

Hydro One Limited (H.TO) Stock Analysis

Hydro One Limited (H.TO) is a Utilities - Regulated Electric stock listed on TSX and quoted in Canadian Dollar.

H.TO

CA$53.11

+CA$0.20 (+0.38%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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H.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$53.51
Previous Close
CA$52.91
Day's Range
52.92–53.52
52-Week Range
48.22–60.57
Volume
3.85M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.38
Valuation
Market Cap
CA$31.87B
P/E Ratio
22.50
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
22.25
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
3.35
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.35
EPS (ttm)Profit attributable to each share over the last twelve months.
2.36
Financials (FY)
Profit marginThe share of revenue left as profit after all costs and taxes.
14.87%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
600.10M
1-Year Return
+9.09%
Dividend and dates
Dividend
CA$1.41+2.67%
Ex-Dividend Date
September 9, 2026
Earnings Date
November 12, 2026estimated
Avg Volume
1.45M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

H.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−1.63%
2025+26.73%
2024+14.75%
2023+12.94%
2022+13.74%
2021+18.87%
2020+18.51%
2019+29.05%
2018−5.41%
2017−1.36%
2016 (partial year)−8.40%

As of September 4, 2026.

H.TO Dividend History

CA$1.31+6.1% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*CA$0.692—
2025CA$1.314+6.1%
2024CA$1.244+6.0%
2023CA$1.174+5.6%
YearDividends per sharePaymentsChange
2026 (partial year)CA$0.692—
2025CA$1.314+6.1%
2024CA$1.244+6.0%
2023CA$1.174+5.6%
2022CA$1.114+5.1%
2021CA$1.054+4.8%
2020CA$1.004+5.0%
2019CA$0.964+5.1%
2018CA$0.914+4.6%
2017CA$0.874+107.1%
2016CA$0.422—

Most recent payment: CA$0.34 per share, ex-dividend June 10, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

H.TO Valuation vs Utilities - Regulated Electric Median

Median of 47 stocks
MetricH.TOUtilities - Regulated Electric medianvs median
P/E22.5020.569% above
P/S ratio3.352.7223% above
Profit margin14.87%13.40%1.5 pts above

Medians across 47 Utilities - Regulated Electric stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Hydro One Limited (H.TO) carries a market capitalisation of CA$31.87B. The company sits in the Utilities sector, in the Utilities - Regulated Electric industry. The company reports 7,151 employees.

The most recent close on file for H.TO is CA$53.11, dated September 4, 2026. That is +CA$0.20 (+0.38%) against the previous close. The 52-week range on file runs from CA$48.22 to CA$60.57. The latest close sits 10.14% above that 52-week low.

Financial Health

Trailing twelve-month revenue on file is CA$9.52B. Profit margin runs at 14.87%. That is 1.5 percentage points above the Utilities - Regulated Electric median of 13.4%. Earnings per share on a trailing basis come to 2.36.

Valuation Assessment

The trailing P/E ratio stands at 22.5. That is 9.44% above the Utilities - Regulated Electric median of 20.56. The forward P/E on file is 22.25. The PEG ratio, which sets the P/E against expected earnings growth, reads 3.35. The price-to-sales ratio is 3.35. On price-to-sales that is 23.28% above the Utilities - Regulated Electric median of 2.72. 47 Utilities - Regulated Electric companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.38. Daily returns over the trailing 10 years annualize to a volatility of 16.13%. The trailing one-year price return is +9.09%. Measured over 10 years, that is +11.03% a year compounded.

Growth & Income

The trailing dividend yield is 2.67%. That is 0.9 percentage points below the Utilities - Regulated Electric median yield of 3.6%. The indicated annual rate is CA$1.41 a share. The ex-dividend date on file is September 9, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling CA$0.69 a share. The year before, 2025, totalled CA$1.31 a share.

The strongest complete calendar year on file is 2019 at +29.05%; the weakest is 2018 at −5.41%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the price is −1.63%.

Peer Comparison

Hydro One Limited (H.TO) operates in the Utilities - Regulated Electric industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Hydro One Limited H.TO CA$31.87B 22.5
NextEra Energy, Inc. NEE CA$174.03B 18.9
The Southern Company SO CA$101.36B 21.4
Duke Energy Corporation DUK CA$93.74B 18.3

The Utilities - Regulated Electric industry average P/E ratio is 20.6x. Hydro One Limited trades at a P/E of 22.5.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Hydro One Limited

Hydro One Limited operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 126,000 circuit kilometers primary low-voltage distribution lines. It provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. It serves residential, small business, commercial, and industrial customers, as well as municipal utilities. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada.

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