Hawaiian Electric Industries, Inc. (HE)
Utilities · Utilities - Regulated Electric · NYSE
Hawaiian Electric Industries, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.38B | $2.56B | $2.86B | $2.87B | $2.58B | $2.85B | $3.74B | $3.68B | $3.22B | $3.09B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $250.15M | $167.19M | $203.66M | $219.77M | $199.71M | $248.06M | $241.14M | $199.24M | $-1.43B | $123.12M |
| Net margin | 10.5% | 6.5% | 7.1% | 7.6% | 7.7% | 8.7% | 6.4% | 5.4% | -44.3% | 4.0% |
Source: Hawaiian Electric Industries, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
What growth is priced into HE stock?
At today's market cap of $2.26B, Hawaiian Electric Industries, Inc. is priced for free-cash-flow growth of about 18.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $49.87M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 1.8%/yr over the last five fiscal years and revenue 3.7%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Hawaiian Electric Industries, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeHawaiian Electric Industries, Inc. financial history by metric
About Hawaiian Electric Industries, Inc.
Hawaiian Electric Industries, Inc. together with its subsidiaries, engages in the electric utility business. The company engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai; and renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. It also invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. In addition, the company serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
Hawaiian Electric Industries, Inc. — frequently asked questions
What is Hawaiian Electric Industries, Inc.'s revenue?
Hawaiian Electric Industries, Inc. (HE) reported revenue of $3.09B for fiscal year 2025, down 4.1% from the prior year, according to its SEC filings.
Is Hawaiian Electric Industries, Inc. profitable?
Yes. HE earned net income of $123.12M in fiscal 2025, a net margin of 4.0%.
What is HE's P/E ratio?
Hawaiian Electric Industries, Inc. trades at a price-to-earnings ratio of about 17.7 based on the latest data in our nightly-refreshed cache.
How fast is Hawaiian Electric Industries, Inc. growing?
HE's revenue grew at roughly 3.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Hawaiian Electric Industries, Inc. have?
As of fiscal year 2025, HE carried roughly $2.29B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Hawaiian Electric Industries, Inc.'s market cap?
Hawaiian Electric Industries, Inc. (HE) has a market capitalization of about $2.26B, based on the latest data in our nightly-refreshed cache.
When does Hawaiian Electric Industries, Inc.'s fiscal year end?
HE's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into HE stock?
At today's market cap of $2.26B, Hawaiian Electric Industries, Inc. is priced for free-cash-flow growth of about 18.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $49.87M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 1.8%/yr over the last five fiscal years and revenue 3.7%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Hawaiian Electric Industries, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.