profit from every $100 of sales.

Hawaiian Electric Industries
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $11.78 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Hawaiian Electric Industries sold, what it kept, and what it did with the cash.
Sales went from $3.42 billion in 2022 to $3.09 billion in 2025, with $126 million of profit last year.
Hawaiian Electric Industries handed back 75% of the cash it generated last year.
Hawaiian Electric Industries vs. similar companies
Hawaiian Electric Industries grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Hawaiian Electric Industries | 11.8× · Cheap | ||
Brookfield Infrastructure Partners L.P. | 40.6× · Expensive | ||
Companhia Energética de Minas Gerais | 6.4× · Cheap | ||
Northwestern Energy Group | 28.8× · Fair price | ||
Avista | 17.8× · Fair price |
AI analysis
An AI analyst reads Hawaiian Electric Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,421 | 3,288 | 3,220 | 3,087 | |
| 280 | 275 | -1,707 | 235 | |
| 280 | 275 | -1,707 | 235 | |
| 572 | 585 | -1,376 | 577 | |
| 243 | 201 | -1,424 | 126 | |
| 2.20 | 1.81 | -11.23 | 0.71 | |
| 8.2% | 8.4% | -53.0% | 7.6% | |
| 8.2% | 8.4% | -53.0% | 7.6% | |
| 7.1% | 6.1% | -44.2% | 4.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 16,284 | 17,244 | 8,931 | 8,923 |
| Cash | 200 | 244 | 751 | 502 |
| Total debt | 3,428 | 3,244 | 3,331 | 2,959 |
| Total liabilities | 14,082 | 14,865 | 7,418 | 7,317 |
| 2,202 | 2,379 | 1,513 | 1,606 | |
| 110 | 110 | 127 | 173 | |
| 4.2% | 4.3% | -27.2% | 4.8% | |
| 11.0% | 8.5% | -94.1% | 7.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 454 | 551 | 487 | 391 | |
| 339 | 443 | 344 | 341 | |
| 115 | 109 | 143 | 50 | |
| Dividends paid | 113 | 76 | 2 | 2 |
| – | 0 | 0 | 35 | |
| 7 | 7 | 4 | 3 |
Valuation
- 11.8×
- 8.0×
- –
- 1.4×
- 0.5×
- 29.8×
- 6.8×
- 3.4%
- 8.5%
- 0.0%
Profitability
- 7.6%
- 7.6%
- 4.1%
- 17.5%
- 2.2%
- -2.8%
- 8.1%
- 1.5%
- 3.0%
- –
Growth
- −3.4%
- −31.4%
- −63.4%
- −2.7%
- +12.1%
Financial health
- 0.4×
- 0.41
- 7.5%
- 2.1×
- 1.34
- 1.34
- 0.35
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $12.75
- Range
- $12.50 – $13.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 8, 2026 | 0.18 | 0.27 | −33.3% |
| Feb 27, 2026 | 0.24 | 0.24 | +1.1% |
| Nov 7, 2025 | 0.19 | 0.24 | −20.8% |
| Aug 7, 2025 | 0.20 | -0.20 | +199.0% |
| May 9, 2025 | 0.23 | 0.23 | +0.0% |
| Feb 21, 2025 | 0.20 | 0.39 | −48.7% |
| Nov 8, 2024 | 0.46 | 0.53 | −13.2% |
| Aug 9, 2024 | 0.44 | 0.49 | −10.2% |
News
Hawaiian Electric outlines 5.3% base rate increase phased over 2 years as PUC timing points to May 2027 ratesSeeking Alpha · Nov 6, 2026Hawaiian Electric warns some customers could face weeks or months without power after LalaSeeking Alpha · Aug 17, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Hawaiian Electric Industries
Is Hawaiian Electric Industries a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Hawaiian Electric Industries AI analysis
What does Hawaiian Electric Industries do?
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in three segments: Electric Utility, Bank, and Other. It is in Diversified Utilities, based in Honolulu, HI, United States, with 2,659 employees.
Does Hawaiian Electric Industries pay a dividend?
Yes. In 2025 it paid out $1.89 million in dividends.
Is Hawaiian Electric Industries stock halal?
No. Hawaiian Electric Industries does not pass our halal screen: its debt is 199% of its market value, at or above the 33% limit. How we check
How has Hawaiian Electric Industries stock done over the past year?
Down 26.1% over the past twelve months, to $8.61. It traded between $8.21 and $17.08 and is 49.6% below its high.
Who are Hawaiian Electric Industries's competitors?
The largest listed companies in the same industry are Brookfield Infrastructure Partners L.P., Companhia Energética de Minas Gerais, Northwestern Energy Group and Avista. The peers table on this page compares their profit, growth and price with Hawaiian Electric Industries's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



