Hawaiian Electric/$HE
1D1W1MYTD1Y5YMAX
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
$1.8B
8.05
$1.29
0.51
-
Price and volume
Market cap
$1.8B
Beta
0.51
52-week high
$17.38
52-week low
$10.28
Average daily volume
2.4M
Financial strength
Current ratio
0.986
Quick ratio
0.598
Long term debt to equity
158.868
Total debt to equity
158.868
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)
8.046
Price to revenue (TTM)
0.546
Price to book
1.02
Price to tangible book (TTM)
1.02
Price to free cash flow (TTM)
-3.169
Free cash flow yield (TTM)
-31.56%
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
The global Maui wildfire tort settlement became effective on April 10, 2026, and the first $479 million installment was paid, materially reducing litigation uncertainty and converting the remaining obligation into fixed contractual payments. (sec.gov) (SEC filing)
Shareholder derivative litigation was dismissed with prejudice in 2026, with the $100 million settlement funded by directors-and-officers insurance; the related $47.8 million securities settlement is also expected to be covered by insurance, limiting incremental balance-sheet exposure. (sec.gov) (SEC filing)
The regulatory pipeline offers potential earnings support: HECO, HELCO, and MECO are seeking about $170 million of additional annual revenues beginning in 2027–2028, while the company says the PUC has fully approved wildfire-mitigation-plan costs and that its credit-rating trajectory has improved. (sec.gov) (SEC earnings release; Hawaii PUC)
HEI still faces substantial cash obligations from the Maui wildfire settlement: three additional $479 million installments are due in April 2027, 2028, and 2029, while roughly 80 opt-out plaintiffs remain outside signed releases. (sec.gov) (SEC filing)
Underlying operating earnings weakened in Q2 2026: core net income fell to $22 million from $35 million year over year, while Hawaiian Electric expects adjusted operating expenses to significantly outpace inflation because of insurance, storm response, vegetation management, maintenance, cybersecurity, and labor costs. (sec.gov) (SEC earnings release)
The proposed rate rebasing is not yet approved, creating regulatory and political risk: the Hawaii PUC is reviewing a request for approximately $170 million of annual revenue increases, with public hearings and customer-affordability concerns still ahead. (puc.hawaii.gov) (Hawaii PUC)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
HE Financial Performance
Revenues and expenses
HE Earnings Performance
Company profitability
Upcoming events
No upcoming events
HE News
AllArticlesVideos
Funds containing HE
AllUSDGBPEUR
Fund name | Fund size | $HE weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.12% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.12% |
iShares Global Infrastructure€INFR | €2.1B | 0.07% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.06% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.06% |
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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