← HAWAIIAN ELECTRIC INDUSTRIES INC HE
Market Price
$11.73
Market Cap
$2.04B
P/E Ratio
16.52
Revenue (FY 2025)
↓-3.3% YoY
$3.08B
3-Yr CAGR: -3.9%
Net Income
↑108.9% YoY
$126.28M
Net Margin: 4.1%
Free Cash Flow
↓-65.2% YoY
$49.87M
FCF Yield: 2.44%
EPS (Diluted)
↑106.3% YoY
$0.71
Basic: $0.71
Return on Equity
Efficiency
7.9%
ROA: 6.7%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (HE)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $2,380.7M | — | $2,292.1M | — | — | $2.29 | — | $495.3M | $165.2M | — |
| FY 2017 | $2,555.6M | +7.3% | $2,464.5M | — | — | $1.52 | -33.6% | $420.4M | $-74.7M | -145.2% |
| FY 2018 | $2,614.8M | +2.3% | $2,510.6M | — | — | $1.85 | +21.7% | $499.3M | $-38.1M | +49.1% |
| FY 2019 | $2,622.0M | +0.3% | $2,512.7M | — | — | $1.99 | +7.6% | $512.5M | $55.0M | +244.4% |
| FY 2020 | $2,269.5M | -13.4% | $2,169.6M | — | — | $1.81 | -9.0% | $429.4M | $45.5M | -17.2% |
| FY 2021 | $2,521.4M | +11.1% | $2,422.0M | — | — | $2.25 | +24.3% | $375.7M | $61.1M | +34.4% |
| FY 2022 | $3,465.2M | +37.4% | $3,348.5M | $243.0M | — | $2.20 | -2.2% | $454.5M | $110.4M | +80.6% |
| FY 2023 | $3,297.3M | -4.8% | $3,089.0M | $201.1M | -17.2% | $1.81 | -17.7% | $551.5M | $103.2M | -6.6% |
| FY 2024 | $3,180.3M | -3.5% | $3,053.1M | $-1,424.1M | -808.1% | $-11.23 | -720.4% | $487.5M | $143.2M | +38.8% |
| FY 2025 | $3,075.3M | -3.3% | $2,958.0M | $126.3M | +108.9% | $0.71 | +106.3% | $391.1M | $49.9M | -65.2% |
Valuation
Market Price
$11.73
Market Cap
$2.04B
Enterprise Value
$3.95B
P/E Ratio
16.52
P/B Ratio
1.26
FCF Yield
2.44%
Dividend Yield
9.21%
Shares Outstanding
Profitability & Margins
Gross Margin
96.18%
Operating Margin
7.65%
Net Margin
4.11%
Return on Equity (ROE)
7.86%
Return on Assets (ROA)
6.70%
Asset Turnover
1.63x
Revenue 3-Yr CAGR
-3.90%
Financial Health & Liquidity
Current Ratio
1.32
Cash Ratio
0.35
Debt / Equity
1.501
Debt / Assets
1.279
Cash & Equivalents
$501.78M
Total Debt
$2.41B
Book Value / Share
$9.30
Cash Flow Efficiency
Operating Cash Flow
$391.07M
Capital Expenditures (CapEx)
$341.20M
Free Cash Flow
$49.87M
OCF / Revenue
12.72%
FCF / Revenue
1.62%
FCF 3-Yr CAGR
-23.28%
Per Share Metrics
EPS (Diluted)
$0.71
EPS (Basic)
$0.71
Dividends / Share
$1.08
Book Value / Share
$9.30
EPS YoY Growth
106.32%
Balance Sheet (FY 2025)
Total Assets
$1.88B
Total Liabilities
$5.89B
Stockholders' Equity
$1.61B
Current Assets
$1.88B
Current Liabilities
$1.43B