Hydro One Ltd (H) — Cash Flow Quality Index
Latest as of December 2025:
3.72x
Hydro One Ltd (H) has a Cash Flow Quality Index of 3.72x as of December 2025. Operating cash flow of CA$867.00 Million exceeds net income of CA$233.00 Million, indicating high earnings quality where cash backs reported profits. Explore Hydro One Ltd (H) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
3.72x
Operating CF / Net Income
Operating Cash Flow
CA$867.00 Million
CAD
Net Income
CA$233.00 Million
CAD
Data as of
Dec 2025
Most recent filing
Hydro One Ltd Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Hydro One Ltd across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hydro One Ltd (H) cash flow conversion.
Annual Cash Flow Quality Index for Hydro One Ltd (2005–2025)
Year-by-year earnings quality comparison for Hydro One Ltd.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.01x | CA$2.69 Billion | CA$1.34 Billion | ▼ -8.2% |
| 2024 | 2.19x | CA$2.53 Billion | CA$1.16 Billion | ▼ -1.4% |
| 2023 | 2.22x | CA$2.41 Billion | CA$1.08 Billion | ▲ +3.3% |
| 2022 | 2.15x | CA$2.26 Billion | CA$1.05 Billion | ▼ -3.3% |
| 2021 | 2.23x | CA$2.15 Billion | CA$965.00 Million | ▲ +96.1% |
| 2020 | 1.14x | CA$2.03 Billion | CA$1.79 Billion | ▼ -44.0% |
| 2019 | 2.03x | CA$1.61 Billion | CA$796.00 Million | ▲ +2.5% |
| 2018 | 1.98x | CA$1.57 Billion | CA$796.00 Million | ▼ -22.1% |
| 2017 | 2.54x | CA$1.72 Billion | CA$676.00 Million | ▲ +13.4% |
| 2016 | 2.24x | CA$1.66 Billion | CA$740.00 Million | ▲ +225.6% |
| 2015 | -1.78x | CA$-1.25 Billion | CA$703.00 Million | ▼ -206.3% |
| 2014 | 1.68x | CA$1.26 Billion | CA$749.00 Million | ▼ -4.1% |
| 2013 | 1.75x | CA$1.40 Billion | CA$803.00 Million | ▲ +1.4% |
| 2012 | 1.72x | CA$1.28 Billion | CA$745.00 Million | ▼ -21.4% |
| 2011 | 2.20x | CA$1.41 Billion | CA$641.00 Million | ▲ +11.4% |
| 2010 | 1.97x | CA$1.16 Billion | CA$591.00 Million | ▲ +3.8% |
| 2009 | 1.90x | CA$892.00 Million | CA$470.00 Million | ▼ -10.2% |
| 2008 | 2.11x | CA$1.05 Billion | CA$498.00 Million | ▼ -26.1% |
| 2007 | 2.86x | CA$1.14 Billion | CA$399.00 Million | ▲ +45.2% |
| 2006 | 1.97x | CA$896.00 Million | CA$455.00 Million | ▼ -18.6% |
| 2005 | 2.42x | CA$1.17 Billion | CA$483.00 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.