Hydro One Ltd (TO:H) — Market Cap & Net Worth
Market Cap & Net Worth: Hydro One Ltd (H)
Hydro One Ltd (TO:H) has a market capitalization of $25.34 Billion (CA$35.03 Billion) as of May 4, 2026. Listed on the TO stock exchange, this Canada-based company holds position #1026 globally and #42 in its home market, demonstrating a 0.52% 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$58.41 by its total outstanding shares 599781811 (599.78 Million). Analyse Hydro One Ltd cash flow conversion to see how efficiently the company converts income to cash.
Hydro One Ltd Market Cap History: 2015 to 2026
Hydro One Ltd's market capitalization history from 2015 to 2026. Data shows growth from $6.97 Billion to $25.34 Billion (13.43% 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
|
$3.68 Trillion | 0.69% | #42 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
2.62x
Hydro One Ltd's market cap is 2.62 times its annual revenue
Latest Price to Earnings (P/E) Ratio
17.70x
Hydro One Ltd's market cap is 17.70 times its annual earnings
What 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 | $7.67 Billion | $6.55 Billion | $740.00 Million | 1.17x | 10.36x |
| 2017 | $7.57 Billion | $5.99 Billion | $676.00 Million | 1.26x | 11.19x |
| 2018 | $7.16 Billion | $6.15 Billion | $796.00 Million | 1.16x | 8.99x |
| 2019 | $9.23 Billion | $6.48 Billion | $796.00 Million | 1.43x | 11.60x |
| 2020 | $10.94 Billion | $7.29 Billion | $1.79 Billion | 1.50x | 6.12x |
| 2021 | $13.01 Billion | $7.22 Billion | $965.00 Million | 1.80x | 13.48x |
| 2022 | $14.92 Billion | $7.78 Billion | $1.05 Billion | 1.92x | 14.21x |
| 2023 | $16.86 Billion | $7.84 Billion | $1.08 Billion | 2.15x | 15.53x |
| 2024 | $19.21 Billion | $8.48 Billion | $1.16 Billion | 2.26x | 16.62x |
| 2025 | $23.71 Billion | $9.04 Billion | $1.34 Billion | 2.62x | 17.70x |
Competitor Companies of H by Market Capitalization
Companies near Hydro One Ltd in the global market cap rankings as of May 4, 2026.
Key companies related to Hydro One Ltd by market ranking:
- Nextera Energy Inc (NYSE:NEE): Ranked #109 globally with a market cap of $195.35 Billion USD.
- Duke Energy Corporation (NYSE:DUK): Ranked #244 globally with a market cap of $100.08 Billion USD.
- Southern Company (NYSE:SO): Ranked #251 globally with a market cap of $97.89 Billion USD.
- National Grid PLC ADR (NYSE:NGG): Ranked #299 globally with a market cap of $86.46 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #109 | Nextera Energy Inc | NYSE:NEE | $195.35 Billion | $96.95 |
| #244 | Duke Energy Corporation | NYSE:DUK | $100.08 Billion | $128.60 |
| #251 | Southern Company | NYSE:SO | $97.89 Billion | $96.71 |
| #299 | National Grid PLC ADR | NYSE:NGG | $86.46 Billion | $86.96 |
Hydro One Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Hydro One Ltd's market cap moved from $6.97 Billion to $ 25.34 Billion, with a yearly change of 13.43%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$25.34 Billion | +6.90% |
| 2025 | CA$23.71 Billion | +23.42% |
| 2024 | CA$19.21 Billion | +13.96% |
| 2023 | CA$16.86 Billion | +12.95% |
| 2022 | CA$14.92 Billion | +14.72% |
| 2021 | CA$13.01 Billion | +18.89% |
| 2020 | CA$10.94 Billion | +18.48% |
| 2019 | CA$9.23 Billion | +29.04% |
| 2018 | CA$7.16 Billion | -5.41% |
| 2017 | CA$7.57 Billion | -1.36% |
| 2016 | CA$7.67 Billion | +10.12% |
| 2015 | CA$6.97 Billion | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of Hydro One Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $25.34 Billion USD |
| MoneyControl | $25.34 Billion USD |
| MarketWatch | $25.34 Billion USD |
| marketcap.company | $25.34 Billion USD |
| Reuters | $25.34 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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