HRNNF (Hydro One) FCF Margin %: -11.52% (As of Mar. 2026)


HRNNF Hydro One Ltd HRNNF
75 GF Score
Price $40.36
GF Value $36.53
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Hydro One FCF Margin %?

Hydro One HRNNF 75 FCF Margin % is -11.52% as of Mar. 2026. GuruFocus rates HRNNF with a GF Score™ of 75/100 and a GF Value™ of $36.53 (Fairly Valued). The stock has 10 warning signs investors should review. Among 499 Utilities - Regulated companies, Hydro One ranks worse than 70.54% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Hydro One's Free Cash Flow for the three months ended in Mar. 2026 was $-222 Mil. Hydro One's Revenue for the three months ended in Mar. 2026 was $1,930 Mil. Therefore, Hydro One's FCF Margin % for the quarter that ended in Mar. 2026 was -11.52%.

As of today, Hydro One's current FCF Yield % is -1.57%.

The historical rank and industry rank for Hydro One's FCF Margin % or its related term are showing as below:

HRNNF' s FCF Margin % Range Over the Past 10 Years
Min: -5.7   Med: 0.26   Max: 2.82
Current: -5.7


During the past 13 years, the highest FCF Margin % of Hydro One was 2.82%. The lowest was -5.70%. And the median was 0.26%.

HRNNF's FCF Margin % is ranked worse than
70.54% of 499 companies
in the Utilities - Regulated industry
Industry Median: 2.36 vs HRNNF: -5.70


Hydro One FCF Margin % Related Terms


Hydro One FCF Margin % Historical Data

* Premium members only.

The historical data trend for Hydro One's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hydro One FCF Margin % Chart

Hydro One Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 2.24 -0.82 -3.23 -3.93

Hydro One Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.52 -9.15 -3.04 1.63 -11.52

HRNNF vs NEE, SO, DUK: FCF Margin % Comparison

For the Utilities - Regulated Electric subindustry, Hydro One's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hydro One FCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hydro One's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Hydro One's FCF Margin % falls into.


HRNNF
75GF Score
Hydro One Ltd HRNNF
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hydro One FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Hydro One's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-257.34/6553.824
=-3.93 %

Hydro One's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-222.303/1930.029
=-11.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -11.52% mean?
Hydro One (HRNNF) has a FCF Margin % of -11.52% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hydro One and its competitors. According to the industry distribution chart, Hydro One ranks #352 out of 499 companies in the Utilities - Regulated industry, placing it in the top 70.5%.
Is Hydro One's FCF Margin % too high?
Hydro One's current FCF Margin % is -11.52%. Based on the distribution chart, Hydro One ranks #352 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hydro One has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hydro One's FCF Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Hydro One ranks #352 out of 499 companies for FCF Margin %. This places Hydro One in the lower half of its industry. The industry median FCF Margin % is 2.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.36, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hydro One and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydro One's current FCF Margin % is -11.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydro One stock overvalued right now?
Based on GuruFocus' analysis, Hydro One (HRNNF) is currently considered Fairly Valued. The stock's GF Value™ is $36.53, compared to a current price of $40.36 — trading 10.5% above its estimated fair value. The current FCF Margin % is -11.52%. Hydro One's overall GF Score™ is 75/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Hydro One (HRNNF), the current FCF Margin % is -11.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hydro One (HRNNF) Overvalued in 2026?

Based on GuruFocus' analysis, Hydro One stock appears to be overvalued. The current stock price of $40.36 is trading 10.5% above its estimated GF Value™ of $36.53. GuruFocus considers Hydro One to be Fairly Valued.

Key valuation signals for HRNNF:

  • FCF Margin %: -11.52%
  • GF Value™: $36.53 vs. price of $40.36 (10.5% above fair value)
  • GF Score™: 75/100 with 10 warning signs

No single metric tells the full story. See the HRNNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hydro One Business Description

Other Exchanges 8H1:GermanyH:Canada
Address 483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47.5% common equity stake.
75GF Score

Get the complete analysis for HRNNF

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.36
Price
$36.53
GF Value