Hydro One Limited
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines. The company … Read more
Market Cap & Net Worth: Hydro One Limited (HRNNF)
Hydro One Limited (PINK:HRNNF) has a market capitalization of $20.97 Billion ($20.97 Billion) as of March 18, 2026. Listed on the PINK stock exchange, this USA-based company holds position #926 globally and #720 in its home market, demonstrating a 2.70% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hydro One Limited's stock price $34.96 by its total outstanding shares 599781811 (599.78 Million).
Hydro One Limited Market Cap History: 2015 to 2025
Hydro One Limited's market capitalization history from 2015 to 2025. Data shows growth from $6.28 Billion to $20.97 Billion (13.43% CAGR).
Hydro One Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hydro One Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.28x
Hydro One Limited's market cap is 2.28 times its annual revenue
0.40x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
16.74x
Hydro One Limited's market cap is 16.74 times its annual earnings
3.06x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $6.28 Billion | $6.54 Billion | $703.00 Million | 0.96x | 8.93x |
| 2016 | $7.16 Billion | $6.55 Billion | $740.00 Million | 1.09x | 9.68x |
| 2017 | $7.74 Billion | $5.99 Billion | $676.00 Million | 1.29x | 11.45x |
| 2018 | $6.75 Billion | $6.15 Billion | -$71.00 Million | 1.10x | N/A |
| 2019 | $9.20 Billion | $6.48 Billion | $796.00 Million | 1.42x | 11.56x |
| 2020 | $11.47 Billion | $7.29 Billion | $1.79 Billion | 1.57x | 6.41x |
| 2021 | $13.61 Billion | $7.22 Billion | $965.00 Million | 1.88x | 14.11x |
| 2022 | $13.55 Billion | $7.78 Billion | $1.05 Billion | 1.74x | 12.90x |
| 2023 | $17.17 Billion | $7.84 Billion | $1.08 Billion | 2.19x | 15.83x |
| 2024 | $19.35 Billion | $8.48 Billion | $1.16 Billion | 2.28x | 16.74x |
Competitor Companies of HRNNF by Market Capitalization
Companies near Hydro One Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Hydro One Limited by market ranking:
- Nextera Energy Inc (NYSE:NEE): Ranked #76 globally with a market cap of $193.52 Billion USD.
- NATIONAL GRID CEDEAR EACH REP 1 (BA:NGG): Ranked #144 globally with a market cap of $127.42 Billion USD ( AR$132.53 Trillion ARS).
- Southern Company (NYSE:SO): Ranked #204 globally with a market cap of $97.89 Billion USD.
- Duke Energy Corporation (NYSE:DUK): Ranked #211 globally with a market cap of $96.16 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #76 | Nextera Energy Inc | NYSE:NEE | $193.52 Billion | $92.82 |
| #144 | NATIONAL GRID CEDEAR EACH REP 1 | BA:NGG | $127.42 Billion | AR$66725.00 |
| #204 | Southern Company | NYSE:SO | $97.89 Billion | $99.11 |
| #211 | Duke Energy Corporation | NYSE:DUK | $96.16 Billion | $133.46 |
Hydro One Limited Historical Marketcap From 2015 to 2025
Between 2015 and today, Hydro One Limited's market cap moved from $6.28 Billion to $ 20.97 Billion, with a yearly change of 13.43%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $20.97 Billion | +8.34% |
| 2024 | $19.35 Billion | +12.72% |
| 2023 | $17.17 Billion | +26.74% |
| 2022 | $13.55 Billion | -0.47% |
| 2021 | $13.61 Billion | +18.72% |
| 2020 | $11.47 Billion | +24.61% |
| 2019 | $9.20 Billion | +36.27% |
| 2018 | $6.75 Billion | -12.76% |
| 2017 | $7.74 Billion | +8.06% |
| 2016 | $7.16 Billion | +14.10% |
| 2015 | $6.28 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Hydro One Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $20.97 Billion USD |
| MoneyControl | $20.97 Billion USD |
| MarketWatch | $20.97 Billion USD |
| marketcap.company | $20.97 Billion USD |
| Reuters | $20.97 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.