Hydro One Ltd (H) — Capital Reinvestment Ratio
Hydro One Ltd (H) has a Capital Reinvestment Ratio of 0.93x as of December 2025, meaning it reinvests 1% of its operating cash flow (CA$867.00 Million) in capital expenditures (CA$805.00 Million). Check tangible net worth ratio of Hydro One Ltd to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Hydro One Ltd Capital Reinvestment Ratio (2005–2025)
This chart tracks Hydro One Ltd's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see Hydro One Ltd cash flow conversion.
Annual Capital Reinvestment Ratio for Hydro One Ltd (2005–2025)
Year-by-year Capital Reinvestment Ratio for Hydro One Ltd from 2005 to 2025. See H free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.10x | CA$2.69 Billion | CA$2.97 Billion | ▼ -0.5% |
| 2024 | 1.11x | CA$2.53 Billion | CA$2.81 Billion | ▲ +14.0% |
| 2023 | 0.97x | CA$2.41 Billion | CA$2.35 Billion | ▲ +5.3% |
| 2022 | 0.92x | CA$2.26 Billion | CA$2.09 Billion | ▼ -4.2% |
| 2021 | 0.96x | CA$2.15 Billion | CA$2.07 Billion | ▲ +6.1% |
| 2020 | 0.91x | CA$2.03 Billion | CA$1.84 Billion | ▼ -9.9% |
| 2019 | 1.01x | CA$1.61 Billion | CA$1.63 Billion | ▲ +3.3% |
| 2018 | 0.98x | CA$1.57 Billion | CA$1.54 Billion | ▲ +8.3% |
| 2017 | 0.90x | CA$1.72 Billion | CA$1.55 Billion | ▼ -10.1% |
| 2016 | 1.00x | CA$1.66 Billion | CA$1.66 Billion | ▼ -16.2% |
| 2014 | 1.20x | CA$1.26 Billion | CA$1.50 Billion | ▲ +19.1% |
| 2013 | 1.01x | CA$1.40 Billion | CA$1.41 Billion | ▼ -11.1% |
| 2012 | 1.13x | CA$1.28 Billion | CA$1.45 Billion | ▲ +10.0% |
| 2011 | 1.03x | CA$1.41 Billion | CA$1.45 Billion | ▼ -23.8% |
| 2010 | 1.35x | CA$1.16 Billion | CA$1.57 Billion | ▼ -23.2% |
| 2009 | 1.76x | CA$892.00 Million | CA$1.57 Billion | ▲ +43.8% |
| 2008 | 1.22x | CA$1.05 Billion | CA$1.28 Billion | ▲ +27.6% |
| 2007 | 0.96x | CA$1.14 Billion | CA$1.09 Billion | ▲ +4.1% |
| 2006 | 0.92x | CA$896.00 Million | CA$823.00 Million | ▲ +55.4% |
| 2005 | 0.59x | CA$1.17 Billion | CA$691.00 Million | — |