Hydro One (OTCMKTS:HRNNF – Get Free Report) is one of 105 publicly-traded companies in the “Electric Utilities” industry, but how does it weigh in compared to its peers? We will compare Hydro One to related businesses based on the strength of its dividends, institutional ownership, earnings, risk, analyst recommendations, profitability and valuation.
Profitability
This table compares Hydro One and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Hydro One | 14.80% | 10.83% | 3.53% |
| Hydro One Competitors | 13.49% | 9.64% | 3.14% |
Analyst Ratings
This is a summary of current recommendations and price targets for Hydro One and its peers, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Hydro One | 1 | 6 | 0 | 0 | 1.86 |
| Hydro One Competitors | 1384 | 6365 | 5306 | 136 | 2.32 |
Institutional and Insider Ownership
59.9% of shares of all “Electric Utilities” companies are held by institutional investors. 6.2% of shares of all “Electric Utilities” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Earnings & Valuation
This table compares Hydro One and its peers top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Hydro One | $6.47 billion | $958.32 million | 32.57 |
| Hydro One Competitors | $1,570.80 billion | $1.54 billion | 21.01 |
Hydro One’s peers have higher revenue and earnings than Hydro One. Hydro One is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Dividends
Hydro One pays an annual dividend of $1.02 per share and has a dividend yield of 2.5%. Hydro One pays out 81.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Electric Utilities” companies pay a dividend yield of 3.3% and pay out 64.8% of their earnings in the form of a dividend. Hydro One lags its peers as a dividend stock, given its lower dividend yield and higher payout ratio.
Summary
Hydro One peers beat Hydro One on 10 of the 14 factors compared.
Hydro One Company Profile
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines. The company serves residential, small business, commercial, and industrial customers, as well as municipal utilities. It also provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. The company was incorporated in 2015 and is headquartered in Toronto, Canada.
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