Hydro One Ltd

H

Equity

ISIN null / Valor 29777300

Toronto Stock Exchange (2025-11-21)

CAD 54.70+1.05%

Hydro One Ltd
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About company

Hydro One Ltd is the largest electricity transmission and distribution service provider in Ontario, Canada. The company serves nearly 1.4 million customers, primarily in rural areas, accounting for about 26% of the province's total customer base. Hydro One's operations are deeply rooted in a history that dates back to 1906 with the establishment of the Hydro-Electric Power Commission of Ontario. The company became publicly traded on the Toronto Stock Exchange in November 2015 under the ticker symbol "H." Hydro One is responsible for maintaining and operating a vast network of transmission lines and distribution systems, ensuring the reliable delivery of electricity across the region. Its services are crucial for supporting the energy needs of both residential and commercial customers throughout Ontario.

Summarized from source with an LLMView SourceSector: Energy

Earnings Per Share Increase

Hydro One reported a basic earnings per share (EPS) of $0.54 for the second quarter of 2025, up from $0.49 in the same quarter of 2024. This rise in EPS was primarily due to higher revenues, despite increased depreciation, amortization, and financing charges.

Revenue Growth

Revenues for the second quarter reached $2,066 million, marking a $35 million increase compared to the second quarter of 2024. Net revenues, after accounting for purchased power, grew by $76 million to $1,167 million, driven by OEB-approved transmission and distribution rates and higher energy consumption.

Capital Investments and Asset Additions

The company invested $913 million in capital expenditures during the quarter, up from $818 million in 2024. Additionally, Hydro One placed $591 million of new assets into service, underscoring its ongoing commitment to enhancing Ontario’s electricity infrastructure.

Dividend Declaration

Hydro One declared a quarterly dividend of $0.3331 per share, payable on September 29, 2025. This dividend reflects the company's strong financial performance and commitment to returning value to its shareholders.

Sustainability and Recognitions

Hydro One released its annual sustainability report for 2024, highlighting significant progress in its environmental, social, and governance (ESG) commitments. The company was also honored by Corporate Knights as one of Canada's Best 50 Corporate Citizens for the 10th consecutive year and recognized by Forbes, TIME Magazine, and Statista in their respective 2025 best company lists.

Summarized from source with an LLMView Source

Key figures

20.1%1Y

53.9%3Y

92.4%5Y

Performance

14.5%1Y

15.3%3Y

14.7%5Y

Volatility