Saturday 17 October 2026 Export HE’s income statement to Excel — free account

Hawaiian Electric Industries, Inc.

HE Utilities Utilities Regulated Electric

Hawaiian Electric Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, down 4.13% from fiscal 2024. In the quarter to June 2026, revenue grew 25.9%, EPS grew 373.3%, free cash flow fell 1,019.7% and total debt rose 9.76%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.

8.58 0.09 +1.06%

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Market cap: $1.5B
P/E: 6.6×
Fwd P/E: 12.8×
Dividend yield: —
F-score: 6/9
Altman Z: 0.56
Beneish M: −5.61
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
P/E ratio Full definition →	+8 more quarters Free account	138.00	17.32	20.05	10.41
P/S ratio Full definition →		0.62	0.69	0.83	0.71
P/FCF ratio Full definition →		28.22	42.56	57.91	0.00
P/Operating CF Full definition →		19.01	19.95	41.97	(5.68)
P/B ratio Full definition →		1.22	1.32	1.56	1.33
Price to Tangible BV Full definition →		1.29	1.39	1.65	1.39
EV/Sales Full definition →		1.24	1.31	1.47	1.52
EV/EBITDA Full definition →		7.33	7.59	8.66	7.40
EV/Operating CF Full definition →		9.33	10.37	11.28	(34.70)
EV/FCF Full definition →		56.67	81.35	102.57	(8.82)
Quick Ratio Full definition →		1.07	1.03	1.01	0.60
Current Ratio Full definition →		1.35	1.32	1.34	0.99
Net Debt/EBITDA Full definition →		15.25	13.88	15.34	9.04
Debt/Assets Full definition →		33.45%	32.68%	32.62%	32.91%
Debt/Equity Full definition →		1.89	1.82	1.78	1.57
Asset Turnover Full definition →		0.23	0.35	0.35	0.39
Operating CF/Net income Full definition →		3.26	2.69	2.00	(3.34)
Capex/Depreciation Full definition →		(1.27)	(1.19)	(1.37)	(1.84)
Interest Coverage Full definition →		1.99	2.26	1.71	4.22
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		1.76%	1.53%	1.55%	1.83%
Intangible Assets out of Total Assets Full definition →		0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →		(0.08%)	0.06%	0.16%	0.28%
Graham Net Nets Full definition →		(2.80)	(2.56)	(2.13)	(2.31)
Graham Number Full definition →		4.04	12.19	12.57	17.28
Earnings Yield Full definition →		0.72%	5.77%	4.99%	9.61%
Free Cash Flow Yield Full definition →		3.54%	2.35%	1.73%	(24.21%)
Revenue per Share Full definition →		4.58	4.67	4.32	5.44
Operating CF per Share Full definition →		0.58	0.62	0.35	(2.38)
Capex per Share Full definition →		(0.54)	(0.50)	(0.60)	(0.80)
Free Cash Flow per Share Full definition →		0.04	0.12	(0.25)	(3.19)
Cash per Share Full definition →		5.95	5.68	5.40	1.38
Shareholders Equity per Share Full definition →		9.06	9.31	9.49	10.21
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		9.06	9.31	9.49	10.21
Free Cash Flow Full definition →		6.30	20.65	(42.50)	(549.95)
Working Capital Full definition →		492.96	456.84	462.03	(17.18)
Capital Expenditures Full definition →		(93.96)	(85.75)	(103.53)	(138.55)
Net Current Asset Value Full definition →		(5,336.10)	(5,432.38)	(5,446.92)	(5,385.96)
EV/EBIT Full definition →		17.25	17.24	20.05	13.24
Capex to Sales Full definition →		0.12	0.11	0.14	0.15
Price to Operating Income Full definition →		8.59	9.02	11.32	6.20
Other line items
Average Receivables Full definition →		512.47	474.35	448.10	478.12
Average Payables Full definition →		236.48	211.26	213.61	269.32
Average Assets Full definition →		13,272.43	8,927.15	8,840.19	8,363.33
Average Common Equity Full definition →		1,570.44	1,542.50	1,571.62	1,648.66

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Columns are period end dates

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