Hydro One Ltd (H) — Capital Reinvestment Ratio
Latest as of December 2025:
0.93x
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). See H free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.93x
Capex / Operating Cash Flow
Operating Cash Flow
CA$867.00 Million
CAD
Capital Expenditures
CA$805.00 Million
CAD
Data as of
Dec 2025
Most recent filing
Hydro One Ltd Capital Reinvestment Ratio (2005–2025)
This chart tracks Hydro One Ltd's Capital Reinvestment Ratio across 20 annual periods.
Annual Capital Reinvestment Ratio for Hydro One Ltd (2005–2025)
Year-by-year Capital Reinvestment Ratio for Hydro One Ltd from 2005 to 2025. For live market cap and broader valuation context, see H market cap overview.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow