Hydro One (TSX:H) Net Income: C$1,415 Mil (TTM As of Jun. 2026)

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TSX:H Hydro One Ltd TSX:H
79 GF Score
Price C$53.25
GF Value C$53.05
Valuation Fairly Valued
! 7 Warning Signs
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What is Hydro One Net Income?

Hydro One TSX:H -3.36% 79 Net Income is C$1,415 Mil as of Jun. 2026. GuruFocus rates TSX:H with a GF Score™ of 79/100 and a GF Value™ of C$53.05 (Fairly Valued). The stock has 7 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Hydro One's Net Income for the three months ended in Jun. 2026 was C$370 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was C$1,415 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hydro One's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was C$0.62.


Hydro One  (TSX:H) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Hydro One's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Hydro One Net Income Related Terms


Hydro One Net Income Historical Data

* Premium members only.

The historical data trend for Hydro One's Net Income 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 Net Income Chart

Hydro One Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 965.00 1,050.00 1,085.00 1,156.00 1,339.00

Hydro One Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income 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 327.00 421.00 233.00 391.00 370.00
TSX:H
79GF Score
Hydro One Ltd TSX:H
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hydro One Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1568+-219+0+-10
=1,339

Hydro One's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=443+-69+0+-4
=370

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,415 Mil.

* 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 Net Income →
What does a Net Income of C$1,415 Mil mean?
Hydro One (TSX:H) has a Net Income of C$1,415 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hydro One and its competitors.
Is Hydro One's Net Income too high?
Hydro One's current Net Income is C$1,415 Mil. Overall, Hydro One has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hydro One's Net Income compare to NEE and SO?
Hydro One's Net Income of C$1,415 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Utilities - Regulated company?
A good Net Income depends on the Utilities - Regulated industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hydro One and its competitors. Hydro One's current Net Income is C$1,415 Mil. 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 (TSX:H) is currently considered Fairly Valued. The stock's GF Value™ is C$53.05, compared to a current price of C$53.25 — trading 0.4% above its estimated fair value. The current Net Income is C$1,415 Mil. Hydro One's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Hydro One (TSX:H), the current Net Income is C$1,415 Mil as of Jun. 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 (TSX:H) Overvalued in 2026?

Based on GuruFocus' analysis, Hydro One stock appears to be overvalued. The current stock price of C$53.25 is trading 0.4% above its estimated GF Value™ of C$53.05. GuruFocus considers Hydro One to be Fairly Valued.

Key valuation signals for TSX:H:

  • Net Income: C$1,415 Mil
  • GF Value™: C$53.05 vs. price of C$53.25 (0.4% above fair value)
  • GF Score™: 79/100 with 7 warning signs

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


Hydro One Business Description

Other Exchanges HRNNF:USA8H1:Germany
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.
79GF Score

Get the complete analysis for TSX:H

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

C$53.25
Price
C$53.05
GF Value