Hydro OneHRNNF 75 Net Margin % is 14.77% as of Mar. 2026, which is 10% above its 10-year median of 13.43. 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 501 Utilities - Regulated companies, Hydro One ranks better than 74.45% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Hydro One's Net Income for the
three
months ended in Mar. 2026 was $285 Mil. Hydro One's Revenue for the
three
months ended in Mar. 2026 was $1,930 Mil. Therefore, Hydro One's net margin for the quarter that ended in Mar. 2026 was 14.77%.
The historical rank and industry rank for Hydro One's Net Margin % or its related term are showing as below:
HRNNF'
s Net Margin % Range Over the Past 10 Years
Min: -1.15 Med: 13.43 Max: 24.53
Current: 14.78
HRNNF's Net Margin % is ranked better than 74.45% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs HRNNF: 14.78
Hydro One (OTCPK:HRNNF) Net Margin % Explanation
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.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Hydro One Net Margin % Related Terms
Hydro One Net Margin % Historical Data
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The historical data trend for Hydro One's Net 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.
For the Utilities - Regulated Electric subindustry, Hydro One's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hydro One's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hydro One's Net Margin % falls into.
* 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 (HRNNF) has a Net Margin % of 14.77% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hydro One and its competitors. This is 10% above median its historical median of 13.43. According to the industry distribution chart, Hydro One ranks #128 out of 501 companies in the Utilities - Regulated industry, placing it in the top 25.5%.
Is Hydro One's Net Margin % too high?
Hydro One's current Net Margin % of 14.77% is 10% above median its 10-year median of 13.43. The Utilities - Regulated industry median Net Margin % is 8.80. Hydro One's value of 14.77% is 67.8% above this industry median. Based on the distribution chart, Hydro One ranks #128 out of 501 companies in the Utilities - Regulated industry, which is above 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 Net Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Hydro One ranks #128 out of 501 companies for Net Margin %. This puts Hydro One in the upper half of its industry. The industry median Net Margin % is 8.80. Hydro One's value of 14.77% is 67.8% above this benchmark. While the company's 10-year median is 13.43 vs. the industry median of 8.80, Hydro One has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hydro One's current Net Margin % of 14.77% is 67.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Hydro One and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydro One's current Net Margin % is 14.77%, which is 10% above median its own 10-year median of 13.43. 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 Net Margin % is 14.77%, which is 10% above median its 10-year median of 13.43 and 67.8% above the Utilities - Regulated industry median of 8.80. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Hydro One (HRNNF), the current Net Margin % is 14.77% 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:
Net Margin %: 14.77% (10% above median its 10-year median of 13.43)
GF Value™: $36.53 vs. price of $40.36 (10.5% above fair value)
Industry Position: 67.8% above the Utilities - Regulated median (#128 of 501)
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 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
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