Hydro One annual net debt
2017
2018
2019
2020
2021
2022
2023
2024
2025
Hydro One Net Debt Growth & History (HRNNF)
Hydro One's net debt was $18.61B for fiscal 2025.
View full Hydro One company overviewHydro One annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $18.61B | $1.59B | +9.36% |
| 2024 | 2024-12-31 | $17.02B | $1.36B | +8.68% |
| 2023 | 2023-12-31 | $15.66B | $997.0M | +6.80% |
| 2022 | 2022-12-31 | $14.66B | $477.0M | +3.36% |
| 2021 | 2021-12-31 | $14.19B | $528.0M | +3.87% |
| 2020 | 2020-12-31 | $13.66B | $991.0M | +7.82% |
| 2019 | 2019-12-31 | $12.67B | $1.19B | +10.35% |
| 2018 | 2018-12-31 | $11.48B | $510.0M | +4.65% |
| 2017 | 2017-12-31 | $10.97B | — | — |
Hydro One quarterly net debt
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $19.45B | $1.37B | +7.58% |
| Q1 2026 | 2026-03-31 | $19.12B | $1.45B | +8.23% |
| Q4 2025 | 2025-12-31 | $18.61B | $1.59B | +9.36% |
| Q3 2025 | 2025-09-30 | $18.39B | — | — |
| Q2 2025 | 2025-06-30 | $18.08B | — | — |
| Q1 2025 | 2025-03-31 | $17.67B | — | — |
| Q4 2024 | 2024-12-31 | $17.02B | $1.36B | +8.68% |
| Q4 2023 | 2023-12-31 | $15.66B | $997.0M | +6.80% |
| Q4 2022 | 2022-12-31 | $14.66B | $477.0M | +3.36% |
| Q4 2021 | 2021-12-31 | $14.19B | $528.0M | +3.87% |
| Q4 2020 | 2020-12-31 | $13.66B | $991.0M | +7.82% |
| Q4 2019 | 2019-12-31 | $12.67B | $1.19B | +10.35% |
| Q4 2018 | 2018-12-31 | $11.48B | $510.0M | +4.65% |
| Q4 2017 | 2017-12-31 | $10.97B | — | — |
Hydro One net debt trends
Over the last five fiscal years, Hydro One's net debt increased from $13.66B to $18.61B, a change of $4.95B. The latest reported quarter, Q2 2026, shows $19.45B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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