Hydro One Ltd
Hydro One Limited operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 126,000 circuit kilometers primary low-voltage distribution lines. It provides telecommunications support … Read more
Market Cap & Net Worth: Hydro One Ltd (H)
Hydro One Ltd (TO:H) has a market capitalization of $24.99 Billion (CA$35.90 Billion) as of March 18, 2026. Listed on the TO stock exchange, this Canada-based company holds position #806 globally and #2 in its home market, demonstrating a 0.50% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hydro One Ltd's stock price CA$59.85 by its total outstanding shares 599781811 (599.78 Million).
Hydro One Ltd Market Cap History: 2015 to 2026
Hydro One Ltd's market capitalization history from 2015 to 2026. Data shows growth from $6.70 Billion to $24.99 Billion (13.86% CAGR).
Index Memberships
Hydro One Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$51.88 Billion | 47.61% | #1 of 225 |
Weight: Hydro One Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Hydro One Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hydro One Ltd'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
2.52x
Hydro One Ltd's market cap is 2.52 times its annual revenue
0.11x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
17.04x
Hydro One Ltd's market cap is 17.04 times its annual earnings
1.13x
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 |
|---|---|---|---|---|---|
| 2016 | $7.38 Billion | $6.55 Billion | $740.00 Million | 1.13x | 9.98x |
| 2017 | $7.28 Billion | $5.99 Billion | $676.00 Million | 1.22x | 10.77x |
| 2018 | $6.89 Billion | $6.15 Billion | $796.00 Million | 1.12x | 8.65x |
| 2019 | $8.89 Billion | $6.48 Billion | $796.00 Million | 1.37x | 11.17x |
| 2020 | $10.53 Billion | $7.29 Billion | $1.79 Billion | 1.44x | 5.89x |
| 2021 | $12.52 Billion | $7.22 Billion | $965.00 Million | 1.73x | 12.97x |
| 2022 | $14.36 Billion | $7.78 Billion | $1.05 Billion | 1.85x | 13.68x |
| 2023 | $16.22 Billion | $7.84 Billion | $1.08 Billion | 2.07x | 14.95x |
| 2024 | $18.49 Billion | $8.48 Billion | $1.16 Billion | 2.18x | 15.99x |
| 2025 | $22.82 Billion | $9.04 Billion | $1.34 Billion | 2.52x | 17.04x |
Competitor Companies of H by Market Capitalization
Companies near Hydro One Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Hydro One Ltd by market ranking:
- Nextera Energy Inc (NYSE:NEE): Ranked #75 globally with a market cap of $192.91 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 #210 globally with a market cap of $96.16 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #75 | Nextera Energy Inc | NYSE:NEE | $192.91 Billion | $92.53 |
| #144 | NATIONAL GRID CEDEAR EACH REP 1 | BA:NGG | $127.42 Billion | AR$66725.00 |
| #204 | Southern Company | NYSE:SO | $97.89 Billion | $98.27 |
| #210 | Duke Energy Corporation | NYSE:DUK | $96.16 Billion | $132.95 |
Hydro One Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Hydro One Ltd's market cap moved from $6.70 Billion to $ 24.99 Billion, with a yearly change of 13.86%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$24.99 Billion | +9.54% |
| 2025 | CA$22.82 Billion | +23.42% |
| 2024 | CA$18.49 Billion | +13.96% |
| 2023 | CA$16.22 Billion | +12.95% |
| 2022 | CA$14.36 Billion | +14.72% |
| 2021 | CA$12.52 Billion | +18.89% |
| 2020 | CA$10.53 Billion | +18.48% |
| 2019 | CA$8.89 Billion | +29.04% |
| 2018 | CA$6.89 Billion | -5.41% |
| 2017 | CA$7.28 Billion | -1.36% |
| 2016 | CA$7.38 Billion | +10.12% |
| 2015 | CA$6.70 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Hydro One Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $24.99 Billion USD |
| MoneyControl | $24.99 Billion USD |
| MarketWatch | $24.99 Billion USD |
| marketcap.company | $24.99 Billion USD |
| Reuters | $24.99 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.