Hydro One Ltd Capital Reinvestment Ratio
Hydro One Ltd 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). See cash generation quality of Hydro One Ltd to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Hydro One Ltd (2005–2025)
Capital reinvestment ratio of Hydro One Ltd from 2005 to 2025. This chart tracks Hydro One Ltd's Capital Reinvestment Ratio across 20 annual periods. See H free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Hydro One Ltd Capital Reinvestment Ratio by Year (2005–2025)
Hydro One Ltd capital reinvestment ratio by year from 2005 to 2025. For the full cash flow conversion analysis, see H cash flow metrics.
| 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 | — |