Hawaiian Electric/$HE

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About Hawaiian Electric

Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.

Ticker

$HE
Sector

Primary listing

NYSE

Employees

2,595

HE Metrics

BasicAdvanced
$2.1B
-
-$0.76
0.65
-

What the Analysts think about HE

Analyst ratings (Buy, Hold, Sell) for Hawaiian Electric stock.

Bulls say / Bears say

Hawaiian Electric swung to a Q2 2025 net income of $26 million versus a $1.3 billion loss in Q2 2024, driven by improved heat-rate performance and $7 million in higher revenues, signaling operational recovery
Hawaii’s SB897, enacted July 1, authorizes the Public Utilities Commission to cap wildfire liabilities and securitize up to $500 million for resilience investments, mitigating future liability risk for HEI
Management is streamlining the business with the sale of Pacific Current’s solar and battery storage assets and plans to divest its remaining stake in American Savings Bank next year, focusing capital on core utility operations
HEI’s debt remains rated below investment grade by Fitch (B), Moody’s (B1/Ba3) and S&P (B-) with negative outlooks, limiting its access to capital and increasing borrowing costs amid ongoing wildfire-related uncertainties
The utility accrued $1.875 billion of pre-tax wildfire liabilities in 2024, contributing to a full-year net loss of $1.226 billion and underscoring significant legal and settlement expenses
Higher operations and maintenance costs weighed on margins in Q2 2025, with an $11 million year-over-year increase driven by $7 million in wildfire mitigation and $4 million in legal and consulting expenses
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2025.

HE Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

HE Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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