Hawaiian Electric Industries, Inc. HE R2K
Company Overview
Hawaiian Electric Industries, Inc. together with its subsidiaries, engages in the electric utility business. The company engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai; and renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. It also invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. In addition, the company serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
Why Investors Should Care
Trades at a P/E of 18.3, below the sector median of 22.0.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $3.09B (-4.1% YoY); net profit $126.28M.
- Trailing 12 Months Year-on-year growth — revenue +0.3%, earnings +17.6%.
- 5-Year Trend Long-term compounding — revenue CAGR -0.2%, profit CAGR 2.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -0.25% |
| 1 Year: | 0.30% |
Compounded Profit Growth
| 5 Years: | 1.99% |
| 1 Year: | 17.60% |
Stock Price Performance
| 1 Year: | +27.31% |
| 6 Months: | -8.46% |
| 3 Months: | -11.40% |
| 1 Month: | +2.66% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)50.76 · Neutral
P/E of 18.27 is below the sector median of 21.98 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -0.2% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Utilities).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HE Hawaiian Electric Industries, Inc. R2K | 13.52 | 18.27 | $2.33B | 0.00% | 3.14% | 7.99% | -0.25% | 1.99% |
| 2 | NEE NextEra Energy, Inc. SPX | 89.54 | 22.73 | $186.75B | 2.90% | 4.36% | 10.32% | 4.12% | 8.76% |
| 3 | SO The Southern Company SPX | 95.96 | 24.54 | $108.18B | 3.23% | 5.25% | 10.99% | 3.71% | 5.23% |
| 4 | DUK Duke Energy Corporation SPX | 126.37 | 19.44 | $98.52B | 3.41% | 4.94% | 9.66% | 5.53% | 6.88% |
| 5 | CEG Constellation Energy Corporation NDXSPXAI | 256.43 | 22.26 | $91.57B | 0.67% | 6.26% | 16.10% | 5.18% | 31.53% |
| 6 | AEP American Electric Power Company, Inc. NDXSPX | 134.94 | 19.96 | $73.42B | 2.94% | 5.68% | 12.58% | 3.66% | 15.77% |
| 7 | D Dominion Energy, Inc. SPX | 71.30 | 21.03 | $62.71B | 3.93% | 4.19% | 9.79% | 0.61% | 0.93% |
| 8 | SRE Sempra SPX | 93.36 | 31.76 | $61.03B | 2.85% | 3.46% | 5.69% | 3.05% | 3.18% |
| 9 | VST Vistra Corp. SPXAI | 158.43 | 26.49 | $53.42B | 0.61% | 7.08% | 42.90% | 8.92% | 58.98% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 673.18M | - | 645.87M | 685.28M | 768.05M | - | 661.62M | 715.49M | 771.53M | - | 677.19M | 608.95M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 97.09M | 83.22M | 68.85M | 85.45M | 105.44M | 88.43M | 69.74M | 77.80M | 111.47M | 87.22M | 71.89M | 78.80M | 98.06M | 84.60M | 77.94M | 72.63M | 96.66M | 100.80M | 59.70M | 71.56M | 99.56M | 80.67M | 98.03M | 101.86M | 97.32M | 99.28M | 86.67M | 102.11M | 70.00M | 68.11M | 62.55M | 74.33M | 50.89M | -1.66B | -149.72M | 53.66M | 62.42M | 53.75M | 52.05M | 53.38M |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 64.83M | 64.34M | 63.89M | 69.64M | 53.01M | 62.55M | 55.19M | 55.08M | 41.59M | - | 42.59M | -1.30B | -103.93M | - | 27.14M | - | - | 30.45M |
| Diluted EPS | 0.47 | 0.39 | 0.30 | 0.41 | 1.17 | 0.41 | 0.31 | 0.36 | 0.55 | 0.30 | 0.37 | 0.42 | 0.60 | 0.45 | 0.42 | 0.39 | 0.58 | 0.61 | 0.31 | 0.45 | 0.59 | 0.46 | 0.59 | 0.58 | 0.58 | 0.63 | 0.48 | 0.57 | 0.50 | 0.50 | 0.37 | 0.44 | 0.38 | -11.74 | -0.91 | -0.40 | 0.15 | 0.15 | 0.18 | 0.18 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.22B | 2.31B | 2.66B | 3.24B | 3.37B | 3.24B | 3.24B | 2.60B | 2.38B | 2.56B | 2.86B | 2.87B | 2.58B | 2.85B | 3.42B | 3.29B | 3.22B | 3.09B |
| Operating Income | 204.16M | 187.66M | 256.21M | 289.70M | 284.20M | 317.51M | 332.60M | 322.55M | 355.84M | 346.23M | 333.36M | 348.02M | 311.49M | 386.07M | 279.56M | 274.99M | -1.71B | 235.32M |
| Net Income | 90.28M | 83.01M | 113.53M | 138.23M | 138.66M | 161.71M | 168.13M | 159.88M | 248.26M | 165.30M | 201.77M | 217.88M | 199.71M | 248.06M | 243.03M | 201.13M | -1.42B | 126.28M |
| Diluted EPS | 1.07 | 0.91 | 1.21 | 1.44 | 1.42 | 1.62 | 1.63 | 1.50 | 2.29 | 1.52 | 1.85 | 1.99 | 1.81 | 2.25 | 2.20 | 1.81 | -11.23 | 0.71 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Jan 2020 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 8.93B | 9.09B | 9.59B | 10.15B | 10.34B | 11.18B | 11.78B | 11.88B | 12.53B | 13.10B | 13.75B | 13.75B | 15.00B | 15.82B | 16.28B | 7.68B | 8.93B | 8.92B |
| Total Equity | 1.28B | 1.39B | 1.44B | 1.48B | 1.53B | 1.59B | 1.73B | 1.79B | 1.93B | 2.07B | 2.10B | 2.16B | 2.28B | 2.28B | 2.34B | 2.39B | 2.20B | 2.34B | 1.48B | 1.61B |
| Cash & Equivalents | - | - | - | - | - | - | - | - | - | - | 261.88M | 169.21M | 196.81M | - | 341.42M | 305.55M | 43.73M | 244.09M | 750.53M | 501.78M |
| Long Term Debt | - | - | 1.36B | 1.36B | 1.34B | 1.42B | 1.49B | 1.51B | 1.58B | 1.62B | 1.68B | 1.88B | 1.96B | - | 2.12B | 2.32B | 2.38B | 2.83B | 2.69B | 2.29B |
| Total Liabilities | - | - | 7.45B | 7.57B | 8.03B | 8.52B | 8.58B | 9.36B | 9.82B | 10.32B | 10.40B | 10.91B | 11.43B | 11.43B | 12.63B | 13.40B | 14.05B | 14.86B | 7.42B | 7.32B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.32B | 1.43B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 259.81M | 284.47M | 340.72M | - | - | - | - | 356.86M | 495.66M | 420.44M | 499.31M | 512.47M | 429.41M | - | 454.48M | 551.47M | 487.48M | 391.07M |
| Investing Cash Flow | 1.08B | 441.63M | -278.73M | - | - | - | - | -705.72M | -736.47M | -815.30M | -792.06M | -541.71M | -1.41B | - | -1.13B | -257.40M | 258.32M | -322.18M |
| Financing Cash Flow | -1.36B | -405.61M | -235.25M | - | - | - | - | 473.80M | 218.78M | 378.29M | 200.07M | 87.72M | 1.12B | - | 567.67M | 195.57M | 154.71M | -331.00M |
| Capital Expenditure | -282.05M | -288.88M | -182.12M | -235.12M | -370.71M | -389.44M | -364.83M | -363.80M | -330.04M | -495.19M | -537.37M | -457.52M | -383.89M | - | -339.33M | -442.73M | -344.25M | -341.20M |
| Free Cash Flow | -22.24M | -4.41M | 158.59M | - | - | - | - | -6.95M | 165.62M | -74.75M | -38.06M | 54.95M | 45.51M | - | 115.14M | 108.74M | 143.23M | 49.87M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -262.68M | 210.34M | 983.73M | -262.11M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 6.3% | 8.1% | 9.6% | 8.9% | 8.4% | 9.8% | 10.3% | 12.4% | 14.9% | 13.5% | 11.7% | 12.1% | 12.1% | 13.5% | 8.2% | 8.4% | -53.0% | 7.6% |
| Net Margin % | 2.8% | 3.6% | 4.3% | 4.3% | 4.1% | 5.0% | 5.2% | 6.1% | 10.4% | 6.5% | 7.1% | 7.6% | 7.7% | 8.7% | 7.1% | 6.1% | -44.2% | 4.1% |
| ROE % | 6.5% | 5.8% | 7.7% | 9.0% | 8.7% | 9.4% | 9.4% | 8.3% | 12.0% | 7.9% | 9.3% | 9.6% | 8.5% | 10.4% | 11.0% | 8.6% | -96.3% | 7.9% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -22.4% | 3.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 14.91% | 25.75M | $346.94M |
| 2 | Horizon Kinetics Asset Management LLC | 12.53% | 21.64M | $291.54M |
| 3 | Vanguard Portfolio Management LLC | 5.94% | 10.26M | $138.26M |
| 4 | Vanguard Capital Management LLC | 4.32% | 7.45M | $100.45M |
| 5 | State Street Corporation | 3.95% | 6.82M | $91.86M |
| 6 | T. Rowe Price Investment Management, Inc. | 3.60% | 6.21M | $83.68M |
| 7 | Geode Capital Management, LLC | 2.37% | 4.09M | $55.08M |
| 8 | Quantinno Capital Management, LP | 2.03% | 3.51M | $47.33M |
| 9 | Charles Schwab Investment Management, Inc. | 1.94% | 3.34M | $45.06M |
| 10 | Bank of America Corporation | 1.58% | 2.73M | $36.84M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for HE
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HE — Frequently Asked Questions
What is the current share price of Hawaiian Electric Industries, Inc. (HE)?
As of 2026-07-14 21:23 PDT, Hawaiian Electric Industries, Inc. (HE) trades at $13.52 on NYSE. Its 52-week range is $10.46 to $17.08.
What is the market capitalisation of HE?
Hawaiian Electric Industries, Inc. (HE) has a market capitalisation of $2.33B on NYSE.
What is the P/E ratio of HE?
HE trades at a trailing price-to-earnings (P/E) ratio of 18.27. The industry average P/E is 21.98. Its price-to-book (P/B) ratio is 1.41.
What is the return on equity (ROE) of HE?
HE has a return on equity (ROE) of 7.99%. Its return on capital employed (ROCE) is 3.14%.
Is HE a good stock to buy?
This page provides a data-driven analysis of Hawaiian Electric Industries, Inc. (HE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.