Hawaiian Electric Industries, Inc. (HE)
NYSE: HE · Real-Time Price · USD
11.71
+0.15 (1.30%)
At close: Aug 19, 2026, 4:00 PM EDT
11.59
-0.12 (-1.02%)
Pre-market: Aug 20, 2026, 9:06 AM EDT

HE Statistics

Total Valuation

HE has a market cap or net worth of $2.02 billion. The enterprise value is $4.58 billion.

Market Cap2.02B
Enterprise Value 4.58B

Important Dates

The last earnings date was Friday, August 7, 2026, after market close.

Earnings Date Aug 7, 2026
Ex-Dividend Date n/a

Share Statistics

HE has 172.73 million shares outstanding. The number of shares has increased by 9.64% in one year.

Current Share Class 172.73M
Shares Outstanding 172.73M
Shares Change (YoY) +9.64%
Shares Change (QoQ) -0.06%
Owned by Insiders (%) 0.36%
Owned by Institutions (%) 86.87%
Float 172.07M

Valuation Ratios

The trailing PE ratio is 9.08 and the forward PE ratio is 8.13.

PE Ratio 9.08
Forward PE 8.13
PS Ratio 0.62
Forward PS n/a
PB Ratio 1.15
P/TBV Ratio 1.15
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 20.47
EV / Sales 1.40
EV / EBITDA 8.90
EV / EBIT 21.05
EV / FCF n/a

Financial Position

The company has a current ratio of 0.99, with a Debt / Equity ratio of 1.59.

Current Ratio 0.99
Quick Ratio 0.60
Debt / Equity 1.59
Debt / EBITDA 3.91
Debt / FCF n/a
Interest Coverage 1.58

Financial Efficiency

Return on equity (ROE) is 13.45% and return on invested capital (ROIC) is 3.13%.

Return on Equity (ROE) 13.45%
Return on Assets (ROA) 1.63%
Return on Invested Capital (ROIC) 3.13%
Return on Capital Employed (ROCE) 3.05%
Weighted Average Cost of Capital (WACC) 5.13%
Revenue Per Employee $1.23M
Profits Per Employee $83,744
Employee Count2,675
Asset Turnover 0.39
Inventory Turnover n/a

Taxes

In the past 12 months, HE has paid $70.44 million in taxes.

Income Tax 70.44M
Effective Tax Rate 23.92%

Stock Price Statistics

The stock price has increased by +2.27% in the last 52 weeks. The beta is 0.51, so HE's price volatility has been lower than the market average.

Beta (5Y) 0.51
52-Week Price Change +2.27%
50-Day Moving Average 13.03
200-Day Moving Average 13.74
Relative Strength Index (RSI) 31.26
Average Volume (20 Days) 1,893,881

Short Selling Information

The latest short interest is 15.57 million, so 9.01% of the outstanding shares have been sold short.

Short Interest 15.57M
Short Previous Month 16.23M
Short % of Shares Out 9.01%
Short % of Float 9.05%
Short Ratio (days to cover) 10.50

Income Statement

In the last 12 months, HE had revenue of $3.28 billion and earned $224.01 million in profits. Earnings per share was $1.29.

Revenue3.28B
Gross Profit 577.10M
Operating Income 217.77M
Pretax Income 294.45M
Net Income 224.01M
EBITDA 514.83M
EBIT 217.77M
Earnings Per Share (EPS) $1.29
Full Income Statement

Balance Sheet

The company has $238.73 million in cash and $2.80 billion in debt, with a net cash position of -$2.56 billion or -$14.83 per share.

Cash & Cash Equivalents 238.73M
Total Debt 2.80B
Net Cash -2.56B
Net Cash Per Share -$14.83
Equity (Book Value) 1.76B
Book Value Per Share 10.21
Working Capital -17.18M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$143.71 million and capital expenditures -$421.80 million, giving a free cash flow of -$565.51 million.

Operating Cash Flow -143.71M
Capital Expenditures -421.80M
Depreciation & Amortization n/a
Net Borrowing 212.16M
Free Cash Flow -565.51M
FCF Per Share -$3.27
Full Cash Flow Statement

Margins

Gross margin is 17.58%, with operating and profit margins of 6.63% and 6.82%.

Gross Margin 17.58%
Operating Margin 6.63%
Pretax Margin 8.97%
Profit Margin 6.82%
EBITDA Margin 15.68%
EBIT Margin 6.63%
FCF Margin n/a

Dividends & Yields

HE does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -9.64%
Shareholder Yield -9.64%
Earnings Yield 11.08%
FCF Yield -27.96%
Dividend Details

Analyst Forecast

The average price target for HE is $11.92, which is 1.79% higher than the current price. The consensus rating is "Sell".

Price Target $11.92
Price Target Difference 1.79%
Analyst Consensus Sell
Analyst Count 3
Revenue Growth Forecast (3Y) 3.46%
EPS Growth Forecast (3Y) 6.88%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 14, 2004. It was a forward split with a ratio of 2:1.

Last Split Date Jun 14, 2004
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 3