HE · Hawaiian Electric Industries Inc · Financials
$10.38
-0.09 (-0.86%)
At close · Sep 11
Going-concern doubt
— flagged Aug 7, 2026
Substantial doubt about the company's ability to continue as a going concern.
“the ability to raise the amount of capital necessary on reasonable terms, if at all, for the Company's and the Utilities' contribution to the Maui wildfire tort litigation settlement in order to alleviate future conditions that may cause substantial doubt about HEI's and the Utilities' ability to continue as a going concern”View the 10-Q filed Aug 7, 2026
Market Cap
$1.79B
Shares
172.73M
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$3.09B
-4.1%
FY2025
Net Income
$126.28M
+108.9%
FY2025
Operating Margin
7.62%
+60.6pp
FY2025
Diluted EPS
$0.71
+106.3%
FY2025
Operating Cash Flow
$391.07M
-19.8%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.28B | $3.09B | $3.22B | $3.29B | $3.42B | $2.85B | $2.58B | $2.87B | $2.86B | $2.56B | $2.38B | $2.6B | $3.24B | $3.24B | $3.37B | $3.24B | $2.66B | $2.31B | $3.22B | |
| $297.07M | $298.92M | $293.53M | $282.31M | $270.41M | $278.7M | $290.78M | $278.11M | $255.63M | $222M | $204.75M | $195.59M | $183.04M | $167.39M | $158.35M | $167.47M | $159.13M | $156.67M | — | |
| $2.91B | $2.85B | $4.93B | $3.01B | $3.14B | $2.46B | $2.27B | $2.53B | $2.53B | $2.21B | $2.02B | $2.28B | $2.91B | $2.92B | $3.09B | $2.95B | $2.41B | $2.12B | $3.01B | |
| $376.75M | $235.32M | -$1.71B | $274.99M | $279.56M | $386.07M | $311.49M | $348.02M | $333.36M | $346.23M | $355.84M | $322.55M | $332.6M | $317.51M | $284.2M | $289.7M | $256.21M | $187.66M | $204.16M | |
| — | 7.62% | -53.01% | 8.36% | 8.17% | 13.54% | 12.07% | 12.11% | 11.65% | 13.55% | 14.95% | 12.39% | 10.27% | 9.8% | 8.42% | 8.93% | 9.61% | 8.13% | 6.34% | |
| $673.81M | $534.24M | -$1.41B | $557.3M | $549.96M | $664.77M | $602.27M | $626.13M | $588.99M | $568.23M | $560.58M | $518.14M | $515.64M | $484.89M | $442.54M | $457.17M | $415.34M | $344.34M | — | |
| $135.38M | $117.33M | $127.21M | $208.33M | $116.7M | $99.4M | $99.81M | $109.34M | $104.22M | $91.13M | $88.56M | $88.48M | $87.16M | $85.56M | $89.44M | $96.58M | $101.89M | $119.87M | — | |
| — | $36.93M | $19.36M | $58.1M | $58.04M | $43.46M | $30.53M | $32.92M | $37.76M | $28.82M | $19.18M | $15.12M | $11.95M | $13.1M | $13.82M | — | — | — | — | |
| $296.67M | $166.93M | -$1.79B | $182.3M | $201.95M | $310.86M | $240.62M | $271.41M | $254.46M | $276.58M | $373.84M | $254.79M | $265.6M | $249.84M | $217.41M | $216.05M | — | — | — | |
| $70.44M | $40.65M | -$470.96M | $34.53M | $38.92M | $62.81M | $40.91M | $51.64M | $50.8M | $109.39M | $123.7M | $93.02M | $95.58M | $86.24M | $76.86M | $75.93M | $67.82M | $43.92M | $48.98M | |
| $226.23M | $126.28M | -$1.42B | $201.13M | $243.03M | $248.06M | $199.71M | $219.77M | $203.66M | $167.19M | $250.15M | $161.77M | $170.02M | $163.6M | $140.55M | $140.12M | $113.54M | $83.01M | $90.28M | |
| — | 4.09% | -44.23% | 6.12% | 7.1% | 8.7% | 7.74% | 7.65% | 7.12% | 6.54% | 10.51% | 6.21% | 5.25% | 5.05% | 4.16% | 4.32% | 4.26% | 3.59% | 2.8% | |
| $224.01M | $123.12M | -$1.43B | $199.24M | $241.14M | $246.17M | $197.82M | $217.88M | $201.77M | $165.3M | $248.26M | $159.88M | $168.13M | $161.71M | $138.66M | $138.23M | $113.54M | $83.01M | — | |
| $224.51M | $123M | -$1.42B | $245.92M | -$42.36M | $194.9M | $216.6M | $248.45M | $193.11M | $163.93M | $241.39M | $160.99M | $157.5M | $171.38M | $131.37M | $131.57M | $108.79M | $132.09M | — | |
| USD/shares | $1.30 | $0.71 | -$11.23 | $1.82 | $2.20 | $2.25 | $1.81 | $2.00 | $1.85 | $1.52 | $2.30 | $1.50 | $1.65 | $1.63 | $1.43 | $1.45 | $1.22 | $0.91 | $1.07 |
| USD/shares | $1.30 | $0.71 | -$11.23 | $1.81 | $2.20 | $2.25 | $1.81 | $1.99 | $1.85 | $1.52 | $2.29 | $1.50 | $1.63 | $1.62 | $1.42 | $1.44 | $1.21 | $0.91 | $1.07 |
| shares | — | 172.55M | 126.93M | 109.74M | 109.43M | 109.28M | 109.14M | 108.95M | 108.86M | 108.75M | 108.1M | 106.42M | 101.97M | 98.97M | 96.91M | 95.51M | 93.42M | 91.4M | 84.63M |
| shares | — | 173.02M | 126.93M | 110.04M | 109.78M | 109.58M | 109.36M | 109.41M | 109.15M | 108.93M | 108.31M | 106.72M | 102.94M | 99.62M | 97.34M | 95.82M | 93.69M | 91.52M | 84.72M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $1.84B in dividends.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Debt data is being processed. Please check back later.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
1.16×
Peer median 4.66×
EV/EBIT
10.14×
Peer median 21.66×
P/E (TTM)
7.98×
Peer median 21.20×
Peer medians compare against the 11 similar-size Utilities - Regulated Electric companies (of 33 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Electric Utility Segment | $3,071,182,000 | $3,206,700,000 | $3,269,521,000 | $3,408,587,000 | $2,539,636,000 | $2,265,320,000 | $2,545,942,000 | $2,546,525,000 |
| All Other Segments | $15,714,000 | $13,150,000 | $17,982,000 | $12,330,000 | $4,345,000 | $944,000 | $89,000 | $49,000 |
| Banking Segment | — | — | $394,663,000 | $321,068,000 | $306,398,000 | $313,511,000 | $327,917,000 | $314,275,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Electric Energy Sales Large Light and Power | $1,079,522,000 | $1,123,884,000 | $1,141,128,000 | $1,221,608,000 | $837,834,000 | $751,464,000 | $905,308,000 | $894,770,000 |
| Electric Energy Sales Residential | $992,367,000 | $1,012,620,000 | $1,026,321,000 | $1,078,372,000 | $830,653,000 | $766,609,000 | $807,652,000 | $801,846,000 |
| Electric Energy Sales Commercial | $971,816,000 | $1,013,189,000 | $1,044,045,000 | $1,087,485,000 | $791,424,000 | $703,516,000 | $846,110,000 | $853,672,000 |
| Electric Energy Sales Other | $17,970,000 | $18,682,000 | $19,471,000 | $17,063,000 | $10,770,000 | $8,054,000 | $16,296,000 | $17,243,000 |
| Other Sales | $13,669,000 | $11,923,000 | $17,540,000 | $11,804,000 | $4,086,000 | — | — | — |
| Bank Fees | — | — | — | $48,883,000 | $46,658,000 | $38,887,000 | $46,659,000 | $47,300,000 |
| Solar Energy Sales | — | — | — | — | — | $921,000 | $0 | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Electric Utility Segment | $279,786,000 | -$1,611,858,000 | $302,158,000 | $299,191,000 | $279,558,000 | $268,550,000 | $254,378,000 | $241,661,000 |
| All Other Segments | -$44,464,000 | -$94,902,000 | -$27,166,000 | -$19,636,000 | -$21,695,000 | -$18,866,000 | -$17,266,000 | -$16,540,000 |
| Banking Segment | — | — | — | $101,518,000 | $128,203,000 | $61,809,000 | $110,909,000 | $108,235,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Electric Utility Segment | 9.1% | -50.3% | 9.2% | 8.8% | 11% | 11.9% | 10% | 9.5% |
| All Other Segments | -283% | -721.7% | -151.1% | -159.3% | -499.3% | -1998.5% | -19400% | -33755.1% |
| Banking Segment | — | — | — | 31.6% | 41.8% | 19.7% | 33.8% | 34.4% |
Key facts
CIK
354707
CUSIP
419870100
13F (30d)
78 filings
77 filers
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