Hydro One Ltd (H) — Financial Flexibility Index
Hydro One Ltd (H) has a Financial Flexibility Index of 0.06x as of December 2025. Free cash flow of CA$1.67 Billion (operating CF CA$867.00 Million minus capex CA$805.00 Million) represents 0% of total liabilities (CA$26.93 Billion). Check H cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Hydro One Ltd Financial Flexibility Index (2005–2025)
Historical Financial Flexibility Index trend for Hydro One Ltd across 21 annual periods. For the full cash flow conversion analysis, see H cash flow metrics.
Annual Financial Flexibility Index for Hydro One Ltd (2005–2025)
Year-by-year free cash flow to debt coverage for Hydro One Ltd. Explore H operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | CA$5.67 Billion | CA$2.69 Billion | CA$26.93 Billion | ▼ -3.5% |
| 2024 | 0.22x | CA$5.34 Billion | CA$2.53 Billion | CA$24.51 Billion | ▼ -3.4% |
| 2023 | 0.23x | CA$4.76 Billion | CA$2.41 Billion | CA$21.09 Billion | ▲ +4.2% |
| 2022 | 0.22x | CA$4.35 Billion | CA$2.26 Billion | CA$20.07 Billion | ▼ -0.4% |
| 2021 | 0.22x | CA$4.22 Billion | CA$2.15 Billion | CA$19.41 Billion | ▲ +10.4% |
| 2020 | 0.20x | CA$3.87 Billion | CA$2.03 Billion | CA$19.67 Billion | ▲ +4.5% |
| 2019 | 0.19x | CA$3.24 Billion | CA$1.61 Billion | CA$17.19 Billion | ▼ -3.0% |
| 2018 | 0.19x | CA$3.11 Billion | CA$1.57 Billion | CA$16.01 Billion | ▼ -8.0% |
| 2017 | 0.21x | CA$3.26 Billion | CA$1.72 Billion | CA$15.45 Billion | ▼ -2.8% |
| 2016 | 0.22x | CA$3.32 Billion | CA$1.66 Billion | CA$15.26 Billion | ▲ +726.0% |
| 2015 | 0.03x | CA$379.00 Million | CA$-1.25 Billion | CA$14.40 Billion | ▼ -86.1% |
| 2014 | 0.19x | CA$2.76 Billion | CA$1.26 Billion | CA$14.60 Billion | ▼ -4.6% |
| 2013 | 0.20x | CA$2.82 Billion | CA$1.40 Billion | CA$14.21 Billion | ▲ +1.2% |
| 2012 | 0.20x | CA$2.74 Billion | CA$1.28 Billion | CA$13.98 Billion | ▼ -18.2% |
| 2011 | 0.24x | CA$2.85 Billion | CA$1.41 Billion | CA$11.91 Billion | ▼ -0.6% |
| 2010 | 0.24x | CA$2.73 Billion | CA$1.16 Billion | CA$11.34 Billion | ▲ +1.9% |
| 2009 | 0.24x | CA$2.46 Billion | CA$892.00 Million | CA$10.39 Billion | ▼ -11.4% |
| 2008 | 0.27x | CA$2.34 Billion | CA$1.05 Billion | CA$8.75 Billion | ▼ -5.5% |
| 2007 | 0.28x | CA$2.23 Billion | CA$1.14 Billion | CA$7.90 Billion | ▲ +21.8% |
| 2006 | 0.23x | CA$1.72 Billion | CA$896.00 Million | CA$7.41 Billion | ▼ -11.4% |
| 2005 | 0.26x | CA$1.86 Billion | CA$1.17 Billion | CA$7.11 Billion | — |