Hydro One Limited H.TO TSX

Hydro One Limited (H.TO) generated $867M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $805M, free cash flow was $62M.

Free cash flow margin was 2.7% of revenue. Cash conversion ratio was 3.72x, indicating earnings are backed by cash.

The company returned $200M in dividends to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (55/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (55/100) — Cash conversion ratio was 3.72x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 57/100 with 3/7 criteria passed.