Hawaiian Electric Industries, Inc.
HE · NYSE
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 3.42B | 628.69M | 279.56M | 241.14M | 2.20 |
| 2023 FY | 3.29B | 627.05M | 274.99M | 199.24M | 1.82 |
| 2024 FY | 3.22B | -1.71B | -1.71B | -1.42B | -11.23 |
| 2025 FY | 3.09B | 235.32M | 235.32M | 126.28M | 0.71 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 16.65B | 14.42B | 204.93M | 3.43B | 2.24B |
| 2023 FY | 17.24B | 14.86B | 259.12M | 3.24B | 2.38B |
| 2024 FY | 8.93B | 7.42B | 1.24B | 3.33B | 1.51B |
| 2025 FY | 8.92B | 7.32B | 980.75M | 2.96B | 1.61B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 327.93M | -329.46M | -1.53M | -127.90M | -16.02M |
| 2023 FY | 551.47M | -442.73M | 108.74M | -75.85M | 54.19M |
| 2024 FY | 465.73M | -329.48M | 136.25M | -28.00M | 76.07M |
| 2025 FY | 391.07M | -341.20M | 49.87M | -1.89M | -262.11M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 4.58B | 7.80B | — | — | — |
| 2023 FY | 1.56B | 4.54B | — | — | — |
| 2024 FY | 1.23B | 3.32B | — | — | — |
| 2025 FY | 2.12B | 4.10B | — | — | — |
| 2026-12-31 | — | — | — | — | — |
| 2027-12-31 | — | — | — | — | — |
| 2028-12-31 | — | — | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q2 | 746.39M | 53.75M | 53.75M | 26.56M | 0.15 |
| 2025 Q3 | 790.61M | 52.05M | 52.05M | 31.22M | 0.18 |
| 2025 Q4 | 805.82M | 67.11M | 67.11M | 41.36M | 0.23 |
| 2026 Q1 | 746.45M | 53.38M | 53.38M | 30.45M | 0.18 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q2 | 8.32B | 6.76B | 636.89M | 2.57B | 1.57B |
| 2025 Q3 | 8.81B | 7.22B | 1.03B | 2.99B | 1.60B |
| 2025 Q4 | 8.92B | 7.32B | 980.75M | 2.96B | 1.61B |
| 2026 Q1 | 8.91B | 7.28B | 452.84M | 2.95B | 1.64B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q2 | 134.75M | -74.96M | 59.80M | -473.00K | -474.93M |
| 2025 Q3 | 100.25M | -93.96M | 6.30M | -471.00K | 390.32M |
| 2025 Q4 | 106.41M | -85.75M | 20.65M | -473.00K | -46.46M |
| 2026 Q1 | 61.03M | -103.54M | -42.50M | — | -48.94M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q2 | 1.83B | 3.77B | — | — | — |
| 2025 Q3 | 1.91B | 3.87B | — | — | — |
| 2025 Q4 | 2.12B | 4.10B | — | — | — |
| 2026 Q1 | 2.56B | 5.06B | — | — | — |