Sector: Utilities | Industry: Electric Utilities |
Company Contact | |
Address: | 483 Bay Street, 8Th Floor, South Tower TORONTO ON M5G 2P5 |
Tel: | N/A |
Website: | https://www.hydroone.com |
IR: | See website |
Key People | ||
David Lebeter President, Chief Executive Officer, Chief Operating Officer, Director | Chris Lopez Chief Financial Officer | Megan Telford Chief Human Resource Officer | Paul H. Harricks Executive Vice President, Chief Legal Officer |
Business Overview |
Hydro One Limited is a Canada-based company engaged in the business of transmission and distribution of electricity to customers within Ontario. The Company's segments include Transmission, Distribution and Other segment. The Transmission segment comprises the transmission of high voltage electricity across the province, interconnecting local distribution companies and certain large directly connected industrial customers throughout the Ontario electricity grid. The Distribution segment comprises the delivery of electricity to end customers and certain other municipal electricity distributors. The Other segment includes certain corporate activities, investments including a joint venture that owns and operates electric vehicle fast charging stations across Ontario under the Ivy Charging Network brand, and the operations of the Company's telecommunications business. The Company's subsidiaries include Hydro One Networks Inc. (Hydro One Networks) and Hydro One Sault Ste. Marie LP (HOSSM). |
Financial Overview |
For the fiscal year ended 31 December 2023, Hydro One Ltd revenues increased 1% to C$7.84B. Net income increased 3% to C$1.09B. Revenues reflect Transmission segment increase of 7% to C$2.21B, Other segment increase of 12% to C$48M. Net income benefited from Transmission segment income increase of 6% to C$1.19B. Dividend per share increased from C$1.11 to C$1.17. |
Employees: | 7,000 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $39,333M as of Dec 31, 2023 |
Annual revenue (TTM): | $7,844M as of Dec 31, 2023 |
EBITDA (TTM): | $2,694M as of Dec 31, 2023 |
Net annual income (TTM): | $1,085M as of Dec 31, 2023 |
Free cash flow (TTM): | -$764.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $15,610M as of Dec 31, 2023 |
Shares outstanding: | 599,077,067 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |