HE logo
HE NYSE US

Hawaiian Electric Industries, Inc. Common Stock

Utilities · Utilities Website · IPO Jan 1981
$15.70
▼ $-0.01 (-0.06%)
Vol 1.3M
Mkt Cap
$2.7B
P/E
21.5
ROE
8.0%
Margin
4.1%
Beta
0.62
52W
$9–$17

Wall Street Consensus

10 analysts · Apr 2026
0
Strong Buy
0
Buy
3
Hold
3
Sell
4
Strong Sell
0.0%
Buy Rating

Price Chart

Earnings

Beat rate: 50.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $0.24 $0.24 $0.00
Sep 2025 $-0.21 $0.19 +$0.40
Jun 2025 $0.19 $0.20 +$0.01
Mar 2025 $0.24 $0.23 $-0.01

Quarterly Revenue & Earnings

Quarter 2024-0… 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue $486.9M $744.1M $746.4M $790.6M $805.8M
Net Income -$67.8M $27.1M $26.6M $31.2M $41.4M

Key Ratios

ROA (TTM)
1.5%
P/S (TTM)
0.88
P/B
1.3
EPS (TTM)
$0.73
CF/Share
$4.32
Rev Growth 3Y
-6.2%
52W High
$17.38
52W Low
$9.06
$9.06 52-Week Range $17.38

Financial Health

Free Cash Flow
-$16.2M
Net Debt
$2.5B
Cash
$501.8M
Total Debt
$3.0B
As of Dec 31, 2025

How does HE compare to Utilities peers?

Peer group: Peers · Utilities (Peers) · 6 companies

HE valuation vs Utilities peers

P/E ratio
21.5
0% above peers (21.4)
vs Peers
vs Industry
Fair value
P/S ratio
0.9
78% below peers (4.0)
vs Peers
vs Industry
Undervalued
P/B ratio
1.3
35% below peers (2.0)
vs Peers
vs Industry
Undervalued
Div yield
0% below peers (2.6%)
vs Peers
vs Industry
Strong yield

HE profitability vs Utilities peers

ROE
8.0%
14% below peers (9.3%)
vs Peers
vs Industry
In line
Net margin
4.1%
78% below peers (18.6%)
vs Peers
vs Industry
Weak
Gross margin
7.6%
54% below peers (16.7%)
vs Peers
vs Industry
Weak
ROA
1.5%
49% below peers (2.9%)
vs Peers
vs Industry
Weak

HE financial health vs Utilities peers

D/E ratio
0% below peers (60.9)
vs Peers
vs Industry
In line
Current ratio
2.2
47% above peers (1.5)
vs Peers
vs Industry
Strong liquidity
Beta
0.6
5% above peers (0.6)
vs Peers
vs Industry
Less volatile

HE fundamentals radar

HE Peer median Industry

HE profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

HE vs peers: key metrics

Top Holders

Top 5: 46.71%
Blackrock Inc.
16.30%
$441.9M
Vanguard Group Inc
11.24%
$304.7M
Horizon Kinetics Asset Mana…
11.23%
$304.5M
State Street Corporation
4.06%
$110.0M
T. Rowe Price Investment Ma…
3.88%
$105.1M
As of Dec 31, 2025

Dividends

$1.43
/ year
Aug 17, 2023 $0.3600
May 18, 2023 $0.3600
Feb 22, 2023 $0.3600
Nov 21, 2022 $0.3500
Aug 17, 2022 $0.3500
May 19, 2022 $0.3500
Feb 23, 2022 $0.3500
Nov 22, 2021 $0.3400