Hawaiian Electric Industries, Inc. (HE)
NYSE: HE · Real-Time Price · USD
8.42
-0.02 (-0.24%)
At close: Nov 6, 2026, 4:00 PM EST
8.55
+0.13 (1.54%)
After-hours: Nov 6, 2026, 7:46 PM EST
HE Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Operating Revenue | 3,491 | 3,071 | 3,207 | 3,270 | 3,409 | 2,846 |
Other Revenue | 9.77 | 15.71 | 13.15 | 17.98 | 12.33 | 4.35 |
| 3,501 | 3,087 | 3,220 | 3,288 | 3,421 | 2,850 | |
Revenue Growth | 13.65% | -4.13% | -2.06% | -3.90% | 20.02% | 10.49% |
Selling, General & Admin | - | - | - | - | - | 24.45 |
Other Operating Expenses | 2,969 | 2,848 | 3,013 | 3,008 | 3,138 | 2,434 |
Total Operating Expenses | 2,969 | 2,848 | 3,013 | 3,008 | 3,138 | 2,458 |
Operating Income | 531.6 | 238.8 | 206.99 | 279.01 | 283.24 | 391.91 |
Interest Expense | -158.64 | -120.5 | -129.1 | -127.42 | -105.29 | -96.25 |
Interest Income | 28.85 | 36.93 | 19.36 | 9.11 | - | - |
Net Interest Expense | -129.79 | -83.57 | -109.74 | -118.32 | -105.29 | -96.25 |
Allowance for Equity Funds for Construction | 17.62 | 15.01 | 13.79 | 15.16 | 10.57 | 9.53 |
Allowance for Borrowed Funds for Construction | 7.71 | 5.89 | 5.47 | 5.2 | 3.42 | 3.25 |
EBT Excluding Unusual Items | 427.14 | 176.14 | 116.52 | 181.05 | 191.94 | 308.45 |
Gain (Loss) on Sale of Investments | 64.15 | - | - | - | 8.12 | 0.53 |
Gain (Loss) on Sale of Assets | -54.45 | -12.38 | - | -0.64 | - | - |
Asset Writedown | - | - | -35 | - | - | - |
Other Unusual Items | -162.38 | - | -1,875 | - | - | - |
Pretax Income | 274.45 | 163.77 | -1,793 | 180.41 | 200.06 | 308.97 |
Income Tax Expense | 45.74 | 40.65 | -470.96 | 34.53 | 38.92 | 62.81 |
Earnings From Continuing Ops. | 228.72 | 123.12 | -1,323 | 145.88 | 161.15 | 246.17 |
Earnings From Discontinued Ops. | - | - | -103.49 | 53.36 | 79.99 | - |
Net Income | 228.72 | 123.12 | -1,426 | 199.24 | 241.14 | 246.17 |
Net Income to Common | 228.72 | 123.12 | -1,426 | 199.24 | 241.14 | 246.17 |
Net Income Growth | 1399.00% | - | - | -17.38% | -2.04% | 24.44% |
Shares Outstanding (Basic) | 173 | 173 | 127 | 110 | 109 | 109 |
Shares Outstanding (Diluted) | 173 | 173 | 127 | 110 | 110 | 110 |
Shares Change | 0.34% | 36.31% | 15.35% | 0.24% | 0.18% | 0.21% |
EPS (Basic) | 1.32 | 0.71 | -11.23 | 1.82 | 2.20 | 2.25 |
EPS (Diluted) | 1.32 | 0.71 | -11.24 | 1.82 | 2.20 | 2.25 |
EPS Growth | 1428.58% | - | - | -17.42% | -2.28% | 24.31% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | -609.8 | 49.87 | 578.69 | 264.89 | 115.14 | 61.15 |
Free Cash Flow Per Share | -3.52 | 0.29 | 4.56 | 2.41 | 1.05 | 0.56 |
Dividend Per Share | - | - | - | 1.080 | 1.400 | 1.360 |
Dividend Growth | - | - | - | -22.86% | 2.94% | 3.03% |
Profit Margin | 6.53% | 3.99% | -44.29% | 6.06% | 7.05% | 8.64% |
Free Cash Flow Margin | -17.42% | 1.62% | 17.97% | 8.06% | 3.37% | 2.15% |
EBITDA | 829.74 | 537.72 | 500.53 | 561.31 | 553.65 | 670.62 |
EBITDA Margin | 23.70% | 17.42% | 15.54% | 17.07% | 16.18% | 23.53% |
D&A For EBITDA | 298.14 | 298.92 | 293.53 | 282.31 | 270.41 | 278.7 |
EBIT | 531.6 | 238.8 | 206.99 | 279.01 | 283.24 | 391.91 |
EBIT Margin | 15.19% | 7.74% | 6.43% | 8.49% | 8.28% | 13.75% |
Effective Tax Rate | 16.66% | 24.82% | - | 19.14% | 19.45% | 20.33% |
Revenue as Reported | 3,501 | 3,087 | 3,220 | 3,288 | 3,421 | 2,850 |