Hydro One Stock

Hydro One EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Hydro One (H.TO) as of Aug 17, 2026 is 15.13. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 17.22 — a change of -12.11% (lower).

EV/EBIT

15.13

YoY

-12.11%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Hydro One is 2026 15.13 . EV/EBIT (Enterprise Value to EBIT) of Hydro One was 2025 17.22 . It decreases by -12.11% lower compared to the previous year.

The Hydro One EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
11.48 base
Jan 1, 2020
11.60 base
Jan 1, 2021
12.26 base
Jan 1, 2022
11.85 base
Jan 1, 2023
12.91 base
Jan 1, 2024
13.49 base
Jan 1, 2025
14.62 base
Jan 1, 2026 (e)
15.29 base
YEARPRICE-TO-EBIT
2026 est 15.29
2025 14.62
2024 13.49
2023 12.91
2022 11.85
2021 12.26
2020 11.60
2019 11.48
2018 8.80
2017 10.87
2016 11.02
2015 11.13
2014 -
2013 -
2012 -
2011 -
2010 -
2009 -
2008 -
2007 -
2006 -
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Hydro One Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Hydro One's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Hydro One's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Hydro One's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Hydro One grows earnings faster than its peers.

Hydro One Stock analysis

What does Hydro One do? Hydro One Ltd. is a leading Canadian energy utility company that operates and manages electricity transmission and distribution networks, as well as power generation facilities in Ontario, Canada. The company was founded in 1906 as the Hydro-Electric Power Commission of Ontario and later renamed to Hydro One. With the acquisition of Ontario Hydro in 1999, Hydro One became the largest energy utility company in Ontario. Since then, Hydro One has steadily expanded its business to meet growing demand. The company is headquartered in Toronto, Canada, and employs over 8,500 employees. Hydro One's business model includes the operation of four business segments: Transmission, Distribution, Customer Care, and Other Operations. Transmission focuses on operating the high-voltage transmission system that enables effective electricity transmission throughout Ontario. The transmission system consists of over 30,000 km of power lines, 900 substations and switchyards, and 50,000 km of high-voltage cables. Distribution focuses on operating the distribution network that delivers electricity from the transmission lines to households and businesses in Ontario. The distribution network consists of over 123,000 km of power lines and 1,400 switchyards. Customer Care focuses on increasing customer satisfaction and loyalty by providing effective customer support and assistance. The customer care segment offers various services such as billing, troubleshooting, energy efficiency programs, and consultation. Other Operations include other business segments such as Hydro One's energy market facilities, including the Ontario Power Authority, the Independent Electricity System Operator, and the Ontario Energy Board. The company also operates renewable energy facilities such as hydroelectric power plants. Hydro One offers a variety of products and services, including electricity, smart grid technology, energy efficiency programs, and renewable energy sources. The company is committed to ensuring the safe and reliable supply of energy to customers while promoting environmental protection. Hydro One also plans to expand its network by constructing new transmission and distribution lines. The company also plans to incorporate renewable energy sources such as wind, solar, and hydro power. Overall, Hydro One is a significant player in the Canadian energy utility industry. The company has established itself as a leading provider of energy infrastructure and operates one of the largest power supply networks in the world. Hydro One is committed to maintaining its dedication to safety, reliability, and innovation in energy supply while promoting the transition to renewable energy sources. Translate this as near as possible to French. Hydro One is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hydro One stock

EV/EBIT (Enterprise Value to EBIT) of Hydro One is 15.13 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Hydro One changed from 17.22 to 15.13, representing a -12.11% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Hydro One since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Hydro One with sector peers and the industry average to assess whether it is attractive.

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Valuation — Hydro One

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