About Hydro One Limited (H)
Hydro One Limited is a Utilities - Regulated Electric company operating in the Utilities sector. The company is headquartered in Toronto, Canada. H has been publicly traded since 2015, giving it 11+ years of trading history.
Hydro One Limited (H) has been publicly traded since 2015, making it a 11-year-old public company. It operates in the Utilities - Regulated Electric industry within the Utilities sector. The company is headquartered in Toronto, Canada and employs approximately 7,151 people. With a market capitalization of C$36 billion, H is a large established company.
H trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$36 billion. The company employs approximately 7,151 people worldwide.
Key Statistics
- Current Price
- C$60.09
- Market Cap
- C$36.04B
- 52-Week High
- C$60.19
- 52-Week Low
- C$46.42
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
H Investment Performance
H has gained 10.6% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in H would have grown to C$2,382, representing a 138.2% total return. Since its IPO in 2015, a C$1,000 investment would now be worth C$3,814.
C$1,000 Invested in Hydro One Limited (H)
How much would C$1,000 invested in H be worth today?
What would C$1,000 invested in H 1 year ago be worth today?
A C$1,000 investment in Hydro One Limited (H) in 2025 would be worth C$1,274 as of March 2026, representing a +27.4% total return.
What would C$1,000 invested in H 3 years ago be worth today?
A C$1,000 investment in Hydro One Limited (H) in 2023 would be worth C$1,699 as of March 2026, representing a +69.9% total return.
What would C$1,000 invested in H 5 years ago be worth today?
A C$1,000 investment in Hydro One Limited (H) in 2021 would be worth C$2,382 as of March 2026, representing a +138.3% total return.
What would C$1,000 invested in H 10 years ago be worth today?
A C$1,000 investment in Hydro One Limited (H) in 2016 would be worth C$3,487 as of March 2026, representing a +248.7% total return.
What would C$1,000 invested in H at IPO be worth today?
A C$1,000 investment in Hydro One Limited (H) at IPO would be worth C$3,814 as of March 2026, representing a +281.4% total return.
Monthly Returns Heatmap
Over the past 10+ years (124 months), Hydro One Limited (H) has averaged a monthly return of +1.16% with a median return of +1.12%. The stock had 72 positive months (58%) and 51 negative months (41%). The best month in H's history was July 2020 with a +11.8% return, while the worst was February 2021 at -8.8%. Historically, March tends to be the strongest month (averaging +4.0%), and February the weakest (-0.8%).
H's longest winning streak was 11 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 2019 with a cumulative return of +26.0%, and the worst was 2018 at -4.6%.
Annual Returns
Over 11 years of trading history, Hydro One Limited (H) has delivered an average annual return of +13.50% with a median return of +13.74%. The compound annual growth rate (CAGR) is +13.06%. The stock posted gains in 9 years (82%) and losses in 2 years (18%).
H's best year was 2019 with a +29.05% gain, while the worst was 2018 at -5.41%. The longest streak of consecutive positive years was 8, and the longest losing streak was 2 years. H achieved double-digit gains (10%+) in 9 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +10.60% | C$54.33 | C$60.09 |
| 2025 | +26.73% | C$42.87 | C$54.33 |
| 2024 | +14.75% | C$37.36 | C$42.87 |
| 2023 | +12.95% | C$33.08 | C$37.36 |
| 2022 | +13.74% | C$29.08 | C$33.08 |
| 2021 | +18.87% | C$24.47 | C$29.08 |
| 2020 | +18.51% | C$20.64 | C$24.47 |
| 2019 | +29.05% | C$16.00 | C$20.64 |
| 2018 | -5.41% | C$16.91 | C$16.00 |
| 2017 | -1.36% | C$17.15 | C$16.91 |
| 2016 | +10.12% | C$15.57 | C$17.15 |
H Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Hydro One Limited as an investment
Valuation
H currently trades at a trailing P/E ratio of 26.9, which is considered high relative to the broader market. The forward P/E of 25.4 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.8. The price-to-sales ratio is 4.0.
Dividends
Hydro One Limited pays a dividend to shareholders with a current yield of 2.22%. This translates to C$1.33 per share annually. The payout ratio of 59% indicates sustainable dividend coverage.
Risk & Volatility
H has a beta of 0.41, indicating it is less volatile than the overall market. The stock's 52-week range is C$46.42 to C$60.19, and it currently trades near its 52-week high.
Analyst Ratings
Based on 14 analyst opinions, H has a consensus "hold" rating. The average price target of C$54.11 suggests 10.0% downside from current levels.
Frequently Asked Questions: H
What sector is H in? ▼
H operates in the Utilities sector, specifically in the Utilities - Regulated Electric industry.
How has H performed historically? ▼
Over 11 years of trading history, H has posted gains in 9 years (82% of the time). The best year was 2019 with a +29.1% return. Past performance does not guarantee future results.
How can I invest in H? ▼
You can invest in H through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold H.
Does H pay dividends? ▼
Hydro One Limited pays a dividend to shareholders with a current yield of 2.22%. This translates to C$1.33 per share annually. The payout ratio of 59% indicates sustainable dividend coverage.
What does Hydro One Limited do? ▼
Hydro One Limited is a Utilities - Regulated Electric company operating in the Utilities sector. The company is headquartered in Toronto, Canada.
What sector is H in? ▼
H operates in the Utilities sector, specifically in the Utilities - Regulated Electric industry.
When did H go public? ▼
Hydro One Limited went public in 2015, making it a 11-year-old public company as of 2026.
How much would C$1,000 invested in H 5 years ago be worth today? ▼
A C$1,000 investment in H five years ago would be worth approximately C$2,382 today, representing a 138.2% return.
How much would C$1,000 invested in H 10 years ago be worth today? ▼
A C$1,000 investment in H ten years ago would be worth approximately C$3,487 today, representing a 248.7% total return over the decade.
What is H's 3-year return? ▼
Over the past 3 years, H has returned 69.9%. A C$1,000 investment would have grown to C$1,699.
How much would C$1,000 invested in H at IPO be worth today? ▼
If you invested C$1,000 in H at its IPO in 2015, it would be worth approximately C$3,814 today, a 281.4% return over 11 years.
Does H pay dividends? ▼
Yes, Hydro One Limited pays a dividend with a current yield of 2.22%, which is C$1.33 per share annually.
What is H's market cap? ▼
Hydro One Limited has a market capitalization of C$36 billion, classifying it as a large-cap company.
What is H's P/E ratio? ▼
H has a trailing P/E ratio of 26.9 and a forward P/E of 25.4, which measures how much investors are paying per dollar of earnings.
Is H a buy, hold, or sell? ▼
Based on 14 opinions, H has a consensus "hold" rating. The average price target is C$54.11.
Last updated: 3/15/2026