Hawaiian Electric Industries, Inc. (HE)

NYSE: HE · Real-Time Price · USD

15.15

+0.23 (1.54%)

At close: Mar 9, 2026, 4:00 PM EDT

15.45

+0.30 (1.98%)

After-hours: Mar 9, 2026, 5:15 PM EDT

HE Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,087	3,220	3,288	3,421	2,850
Revenue Growth (YoY)	-4.13%	-2.06%	-3.90%	20.02%	10.49%
Fuel and Purchased Power Expense	2,791	4,819	2,967	3,109	2,260
Operations and Maintenance Expenses	-	-	-	-	178.2
Gross Profit	295.5	-1,599	320.14	311.52	412.11
Other Operating Expenses	60.18	108.05	45.15	31.97	26.04
Operating Income	235.32	-1,707	274.99	279.56	386.07
Interest Income	51.94	33.15	24.27	18.7	10.06
Interest Expense	-117.33	-127.21	-125.53	-103.4	-94.36
Other Non-Operating Income (Expense)	-3	9.22	8.57	15.23	9.63
Total Non-Operating Income (Expense)	-68.39	-84.84	-92.69	-69.48	-74.68
Pretax Income	166.93	-1,792	182.3	201.95	310.86
Provision for Income Taxes	40.65	-470.96	34.53	38.92	62.81
Net Income	123.12	-1,323	145.88	161.15	246.17
Net Income Attributable to Preferred Dividends	3.16	1.89	1.89	1.89	1.89
Earnings From Discontinued Operations	-	-103.49	53.36	79.99	-
Net Income to Common	123.12	-1,323	145.88	161.15	246.17
Net Income Growth	-	-	-9.48%	-34.54%	24.44%
Shares Outstanding (Basic)	173	127	110	109	109
Shares Outstanding (Diluted)	173	127	110	110	110
Shares Change (YoY)	36.31%	15.35%	0.24%	0.18%	0.21%
EPS (Basic)	0.71	-11.23	1.82	2.20	2.25
EPS (Diluted)	0.71	-11.23	1.81	2.20	2.25
EPS Growth	-	-	-17.73%	-2.22%	24.31%
Free Cash Flow	49.87	83.86	0.64	-5.65	61.15
Free Cash Flow Growth	-40.53%	12982.53%	-	-	34.36%
Free Cash Flow Per Share	0.29	0.66	0.01	-0.05	0.56
Dividends Per Share	-	-	1.080	1.400	1.360
Dividend Growth	-	-	-22.86%	2.94%	3.03%
Gross Margin	9.57%	-49.65%	9.74%	9.11%	14.46%
Operating Margin	7.62%	-53.01%	8.36%	8.17%	13.54%
Profit Margin	4.09%	-41.02%	4.49%	4.77%	8.70%
FCF Margin	1.62%	2.60%	0.02%	-0.17%	2.15%
EBITDA	534.24	-1,413	557.3	549.96	664.77
EBITDA Margin	17.31%	-43.89%	16.95%	16.08%	23.32%
EBIT	235.32	-1,707	274.99	279.56	386.07
EBIT Margin	7.62%	-53.01%	8.36%	8.17%	13.54%
Effective Tax Rate	24.35%	26.29%	18.94%	19.27%	20.20%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q