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Hydro One (H) Competitors

Hydro One logo
C$53.55 +0.08 (+0.15%)
As of 08/26/2026 04:00 PM Eastern

H vs. FTS, EMA, CUP.U, KWH.UN, and PWC

Should you buy Hydro One stock or one of its competitors? Hydro One's main competitors and comparable companies include Fortis (FTS), Emera (EMA), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), and 6798 (PWC.TO) (PWC). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electric utilities" industry.

How does Hydro One compare to Fortis?

Fortis (TSE:FTS) and Hydro One (TSE:H) are both large-cap utilities companies, but which is the better business? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, risk, earnings, profitability, dividends, valuation and analyst recommendations.

Fortis has a beta of 0.416662, suggesting that its share price is 58% less volatile than the broader market. Comparatively, Hydro One has a beta of 0.348574, suggesting that its share price is 65% less volatile than the broader market.

Fortis pays an annual dividend of C$2.54 per share and has a dividend yield of 3.3%. Hydro One pays an annual dividend of C$1.35 per share and has a dividend yield of 2.5%. Fortis pays out 74.6% of its earnings in the form of a dividend. Hydro One pays out 57.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Hydro One has a net margin of 14.87% compared to Fortis' net margin of 14.72%. Hydro One's return on equity of 11.08% beat Fortis' return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.72% 7.43% 3.09%
Hydro One 14.87%11.08%3.57%

Fortis has higher revenue and earnings than Hydro One. Fortis is trading at a lower price-to-earnings ratio than Hydro One, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FortisC$12.35B3.18C$1.66BC$3.4022.59
Hydro OneC$9.52B3.38C$1.14BC$2.3622.69

34.7% of Fortis shares are owned by institutional investors. Comparatively, 22.8% of Hydro One shares are owned by institutional investors. 0.0% of Fortis shares are owned by company insiders. Comparatively, 47.1% of Hydro One shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Fortis presently has a consensus target price of C$79.68, indicating a potential upside of 3.77%. Hydro One has a consensus target price of C$57.09, indicating a potential upside of 6.61%. Given Hydro One's higher probable upside, analysts plainly believe Hydro One is more favorable than Fortis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Hydro One
1 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Hydro One had 4 more articles in the media than Fortis. MarketBeat recorded 4 mentions for Hydro One and 0 mentions for Fortis. Hydro One's average media sentiment score of 0.88 beat Fortis' score of 0.00 indicating that Hydro One is being referred to more favorably in the news media.

Company Overall Sentiment
Fortis Neutral
Hydro One Positive

Summary

Hydro One beats Fortis on 10 of the 18 factors compared between the two stocks.

How does Hydro One compare to Emera?

Hydro One (TSE:H) and Emera (TSE:EMA) are both large-cap utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, valuation, analyst recommendations, profitability, dividends, institutional ownership, risk and earnings.

Hydro One has a net margin of 14.87% compared to Emera's net margin of 12.85%. Hydro One's return on equity of 11.08% beat Emera's return on equity.

Company Net Margins Return on Equity Return on Assets
Hydro One14.87% 11.08% 3.57%
Emera 12.85%7.51%2.30%

Hydro One has a beta of 0.348574, suggesting that its stock price is 65% less volatile than the broader market. Comparatively, Emera has a beta of 0.572531, suggesting that its stock price is 43% less volatile than the broader market.

22.8% of Hydro One shares are held by institutional investors. Comparatively, 36.3% of Emera shares are held by institutional investors. 47.1% of Hydro One shares are held by insiders. Comparatively, 0.1% of Emera shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Hydro One pays an annual dividend of C$1.35 per share and has a dividend yield of 2.5%. Emera pays an annual dividend of C$2.92 per share and has a dividend yield of 4.2%. Hydro One pays out 57.3% of its earnings in the form of a dividend. Emera pays out 92.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Hydro One has higher revenue and earnings than Emera. Emera is trading at a lower price-to-earnings ratio than Hydro One, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hydro OneC$9.52B3.38C$1.14BC$2.3622.69
EmeraC$8.94B2.41C$757.30MC$3.1522.33

In the previous week, Hydro One had 2 more articles in the media than Emera. MarketBeat recorded 4 mentions for Hydro One and 2 mentions for Emera. Hydro One's average media sentiment score of 0.88 beat Emera's score of 0.55 indicating that Hydro One is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hydro One
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Emera
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hydro One presently has a consensus target price of C$57.09, suggesting a potential upside of 6.61%. Emera has a consensus target price of C$76.67, suggesting a potential upside of 9.01%. Given Emera's stronger consensus rating and higher probable upside, analysts plainly believe Emera is more favorable than Hydro One.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hydro One
1 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Emera
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

Hydro One beats Emera on 11 of the 18 factors compared between the two stocks.

How does Hydro One compare to Caribbean Utilities?

Caribbean Utilities (TSE:CUP.U) and Hydro One (TSE:H) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, media sentiment, profitability, analyst recommendations, valuation, risk, dividends and institutional ownership.

Hydro One has a net margin of 14.87% compared to Caribbean Utilities' net margin of 13.81%. Caribbean Utilities' return on equity of 12.40% beat Hydro One's return on equity.

Company Net Margins Return on Equity Return on Assets
Caribbean Utilities13.81% 12.40% 3.13%
Hydro One 14.87%11.08%3.57%

Caribbean Utilities has a beta of 0.200895, suggesting that its stock price is 80% less volatile than the broader market. Comparatively, Hydro One has a beta of 0.348574, suggesting that its stock price is 65% less volatile than the broader market.

Caribbean Utilities pays an annual dividend of C$0.77 per share and has a dividend yield of 5.3%. Hydro One pays an annual dividend of C$1.35 per share and has a dividend yield of 2.5%. Caribbean Utilities pays out 65.8% of its earnings in the form of a dividend. Hydro One pays out 57.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

0.1% of Caribbean Utilities shares are owned by institutional investors. Comparatively, 22.8% of Hydro One shares are owned by institutional investors. 58.3% of Caribbean Utilities shares are owned by company insiders. Comparatively, 47.1% of Hydro One shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Hydro One has higher revenue and earnings than Caribbean Utilities. Caribbean Utilities is trading at a lower price-to-earnings ratio than Hydro One, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Caribbean UtilitiesC$290.13M2.14C$38.76MC$1.1712.40
Hydro OneC$9.52B3.38C$1.14BC$2.3622.69

Hydro One has a consensus target price of C$57.09, suggesting a potential upside of 6.61%. Given Hydro One's stronger consensus rating and higher possible upside, analysts clearly believe Hydro One is more favorable than Caribbean Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Caribbean Utilities
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Hydro One
1 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Hydro One had 3 more articles in the media than Caribbean Utilities. MarketBeat recorded 4 mentions for Hydro One and 1 mentions for Caribbean Utilities. Hydro One's average media sentiment score of 0.88 beat Caribbean Utilities' score of 0.22 indicating that Hydro One is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Caribbean Utilities
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hydro One
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Hydro One beats Caribbean Utilities on 15 of the 18 factors compared between the two stocks.

How does Hydro One compare to Crius Energy Unt?

Crius Energy Unt (TSE:KWH.UN) and Hydro One (TSE:H) are both utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their earnings, dividends, institutional ownership, media sentiment, risk, profitability, analyst recommendations and valuation.

Crius Energy Unt pays an annual dividend of C$0.64 per share. Hydro One pays an annual dividend of C$1.35 per share and has a dividend yield of 2.5%. Crius Energy Unt pays out -291.6% of its earnings in the form of a dividend. Hydro One pays out 57.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

22.8% of Hydro One shares are held by institutional investors. 47.1% of Hydro One shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Hydro One has a net margin of 14.87% compared to Crius Energy Unt's net margin of 0.00%. Hydro One's return on equity of 11.08% beat Crius Energy Unt's return on equity.

Company Net Margins Return on Equity Return on Assets
Crius Energy UntN/A N/A N/A
Hydro One 14.87%11.08%3.57%

Hydro One has higher revenue and earnings than Crius Energy Unt. Crius Energy Unt is trading at a lower price-to-earnings ratio than Hydro One, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Crius Energy UntC$1.21B0.00-C$12.34M-C$0.22N/A
Hydro OneC$9.52B3.38C$1.14BC$2.3622.69

Hydro One has a consensus price target of C$57.09, indicating a potential upside of 6.61%. Given Hydro One's stronger consensus rating and higher possible upside, analysts clearly believe Hydro One is more favorable than Crius Energy Unt.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Crius Energy Unt
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Hydro One
1 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Hydro One had 4 more articles in the media than Crius Energy Unt. MarketBeat recorded 4 mentions for Hydro One and 0 mentions for Crius Energy Unt. Hydro One's average media sentiment score of 0.88 beat Crius Energy Unt's score of 0.00 indicating that Hydro One is being referred to more favorably in the news media.

Company Overall Sentiment
Crius Energy Unt Neutral
Hydro One Positive

Summary

Hydro One beats Crius Energy Unt on 15 of the 16 factors compared between the two stocks.

How does Hydro One compare to 6798 (PWC.TO)?

Hydro One (TSE:H) and 6798 (PWC.TO) (TSE:PWC) are both utilities companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, media sentiment, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.

Hydro One has higher revenue and earnings than 6798 (PWC.TO).

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hydro OneC$9.52B3.38C$1.14BC$2.3622.69
6798 (PWC.TO)N/AN/AN/AN/AN/A

In the previous week, Hydro One had 4 more articles in the media than 6798 (PWC.TO). MarketBeat recorded 4 mentions for Hydro One and 0 mentions for 6798 (PWC.TO). Hydro One's average media sentiment score of 0.88 beat 6798 (PWC.TO)'s score of 0.00 indicating that Hydro One is being referred to more favorably in the media.

Company Overall Sentiment
Hydro One Positive
6798 (PWC.TO) Neutral

Hydro One pays an annual dividend of C$1.35 per share and has a dividend yield of 2.5%. 6798 (PWC.TO) pays an annual dividend of C$1.94 per share. Hydro One pays out 57.3% of its earnings in the form of a dividend.

22.8% of Hydro One shares are held by institutional investors. 47.1% of Hydro One shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Hydro One has a net margin of 14.87% compared to 6798 (PWC.TO)'s net margin of 0.00%. Hydro One's return on equity of 11.08% beat 6798 (PWC.TO)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Hydro One14.87% 11.08% 3.57%
6798 (PWC.TO) N/A N/A N/A

Hydro One currently has a consensus price target of C$57.09, indicating a potential upside of 6.61%. Given Hydro One's stronger consensus rating and higher possible upside, equities research analysts clearly believe Hydro One is more favorable than 6798 (PWC.TO).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hydro One
1 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
6798 (PWC.TO)
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Summary

Hydro One beats 6798 (PWC.TO) on 12 of the 13 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding H and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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H vs. The Competition

MetricHydro OneElectric Utilities IndustryUtilities SectorTSE Exchange
Market CapC$32.14BC$28.73BC$16.07BC$12.59B
Dividend Yield2.65%4.12%4.01%6.22%
P/E Ratio22.6916.2325.0438.74
Price / Sales3.38545.23274.7510.42
Price / Cash888.3327.8818.7682.29
Price / Book2.451.632.284.81
Net IncomeC$1.14BC$1.60BC$701.43MC$299.09M
7 Day Performance-2.81%0.24%-0.06%0.71%
1 Month Performance-10.44%-1.46%-1.70%5.11%
1 Year Performance6.29%14.38%9.74%31.89%

Hydro One Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
H
Hydro One
2.1991 of 5 stars
C$53.55
+0.1%
C$57.09
+6.6%
+6.3%C$32.14BC$9.52B22.6950,000
FTS
Fortis
1.6719 of 5 stars
C$78.67
+0.4%
C$79.68
+1.3%
+11.5%C$40.19BC$12.35B23.149,600
EMA
Emera
2.6772 of 5 stars
C$71.55
+0.8%
C$76.67
+7.2%
+6.7%C$21.89BC$8.94B22.717,120
CUP.U
Caribbean Utilities
N/AC$14.50
-1.4%
N/A+9.5%C$619.83MC$290.13M12.39226
KWH.UN
Crius Energy Unt
N/AN/AN/AN/AC$498.13MC$1.21BN/AN/A

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This page (TSE:H) was last updated on 8/27/2026 by MarketBeat.com Staff.
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