
Hydro One Ltd
TSX:H

Hydro One Ltd
Gross Profit
Hydro One Ltd
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Hydro One Ltd
TSX:H
|
Gross Profit
CA$4.3B
|
CAGR 3-Years
6%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
|
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Fortis Inc
TSX:FTS
|
Gross Profit
CA$8.3B
|
CAGR 3-Years
8%
|
CAGR 5-Years
6%
|
CAGR 10-Years
10%
|
|
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Emera Inc
TSX:EMA
|
Gross Profit
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Hydro One Ltd
Glance View
Hydro One Ltd. is a cornerstone of Ontario's electric utility landscape, rooted deeply in the province's economic engine as the largest electricity transmission and distribution service provider. The company's origins date back to the Hydro-Electric Power Commission of Ontario, which was established to harness and deliver power across vast, sparsely populated regions. Over the decades, Hydro One has evolved, transforming from a government-controlled entity to a publicly traded company, although the Province of Ontario maintains a significant ownership stake. This transition has enabled the company to modernize its operations while continuing its mission of ensuring a reliable energy supply throughout Ontario. In terms of operations, Hydro One's business model revolves around its extensive network of transmission and distribution assets. The transmission system delivers high-voltage electricity from power generators to local distribution networks, while the distribution network brings electricity directly to homes and businesses. The company generates revenue primarily through regulated rates set by the Ontario Energy Board, which provides a stable cash flow, anchoring its business against market volatility. This model not only supports Hydro One's financial health but also allows for consistent reinvestment in infrastructure and technology, ensuring the ongoing resilience and adaptability of Ontario's power grid amidst shifting energy landscapes and growing consumer demand.

See Also
What is Hydro One Ltd's Gross Profit?
Gross Profit
4.3B
CAD
Based on the financial report for Dec 31, 2024, Hydro One Ltd's Gross Profit amounts to 4.3B CAD.
What is Hydro One Ltd's Gross Profit growth rate?
Gross Profit CAGR 5Y
5%
Over the last year, the Gross Profit growth was 4%. The average annual Gross Profit growth rates for Hydro One Ltd have been 6% over the past three years , 5% over the past five years .