Hawaiian Electric/$HE
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
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 islands of Oahu, Hawaii, Maui, Molokai, and Lanai.
- Ticker
- $HE
- Sector
- Utilities
- Primary listing
- NYSE
- Employees
- 2,667
- Headquarters
- Honolulu, United States
- Website
- www.hei.com
HE Metrics
BasicAdvanced
$1.5B
6.74
$1.29
0.49
-
Price and volume
Market cap
$1.5B
Beta
0.49
52-week high
$17.38
52-week low
$8.15
Average daily volume
3.3M
Financial strength
Current ratio
0.986
Quick ratio
0.598
Long term debt to equity
1.589
Total debt to equity
1.589
Interest coverage (TTM)
1.58%
Profitability
EBITDA (TTM)
514.832
Gross margin (TTM)
17.58%
Net profit margin (TTM)
6.82%
Operating margin (TTM)
6.63%
Effective tax rate (TTM)
23.92%
Revenue per employee (TTM)
$1,230,000
Management effectiveness
Return on assets (TTM)
1.63%
Return on equity (TTM)
13.45%
Valuation
Price to earnings (TTM)
6.744
Price to revenue (TTM)
0.458
Price to book
0.85
Price to tangible book (TTM)
0.85
Price to free cash flow (TTM)
-2.656
Free cash flow yield (TTM)
-37.65%
Free cash flow per share (TTM)
-3.276
Growth
Revenue change (TTM)
5.11%
Earnings per share change (TTM)
-270.06%
3-year revenue growth (CAGR)
-5.46%
10-year revenue growth (CAGR)
2.93%
3-year earnings per share growth (CAGR)
-14.84%
10-year earnings per share growth (CAGR)
-1.97%
What the Analysts think about HE
Analyst ratings (Buy, Hold, Sell) for Hawaiian Electric stock.
Analyst projections of the future price of Hawaiian Electric stock.
Bulls say / Bears say
Hawaiian Electric has regulatory approval to recover about $350 million of wildfire-mitigation costs, with securitisation planned to fund the work more affordably. That reduces the risk that these safety investments will fall entirely on shareholders. (Morningstar)
Credit ratings have improved: S&P raised HEI and Hawaiian Electric to BB-minus in July, following Moody’s upgrade in April. Better ratings could ease borrowing costs as the utility funds settlement payments and grid investment. (Honolulu Star-Advertiser)
The utility has submitted a major generation procurement to regulators, covering renewables, grid-forming resources and firm capacity. If approved and delivered at competitive prices, it could modernise the fleet and help contain customer costs. (Morningstar)
The Maui settlement still leaves about $1.3 billion in discounted payments due through 2029. HEI expects to fund later instalments with debt and a mix of debt and equity, creating pressure on its balance sheet and a risk of further dilution. (StockTitan, Honolulu Star-Advertiser)
Underlying results weakened despite the reported quarterly profit: second-quarter core net income fell to $22 million from $35 million a year earlier. Higher interest and operating costs outweighed higher revenue and insurance recoveries. (Morningstar)
The company expects 2026 operating and maintenance costs to rise faster than inflation, while its proposed rate rebasing is still awaiting a regulatory decision. If approval or rate relief comes late, higher expenses could continue to weigh on earnings. (Morningstar, The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
HE Financial Performance
Revenues and expenses
HE Earnings Performance
Company profitability
Upcoming events
No upcoming events
HE News
AllArticlesVideos
Funds containing HE
AllUSDEURGBP
Fund name | Fund size | $HE weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.09% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.09% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.05% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.05% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.05% |
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.
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