Hawaiian Electric's regulated utility operations show signs of stabilization, with 2026Q2 net income of $123.2M and a 21.7% operating margin, yet the balance sheet remains strained by a 1.60 debt-to-equity ratio and an 80% cash drawdown to $238.7M.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 6, 2026 | $0.13+51.2% vs $0.09 | $1.0B+7.4% vs $939M |
Q3 2026 Aug 7, 2026 | $0.13-38.1% vs $0.21 | $940M+0.0% vs $940M |
Q2 2026 May 8, 2026 | $0.18-33.3% vs $0.27 | $744M-0.3% vs $746M |
Q1 2026 Feb 27, 2026 | $0.24+1.1% vs $0.24 | $806M+0.0% vs $806M |
Hawaiian Electric Industries NYSE: HE reported higher third-quarter net income, but its underlying earnings declined as hurricane-related costs weighed on its utility business. Executives also outlined plans to reduce an upcoming Maui wildfire settlement payment and await regulatory decisions on rates and storm-cost recovery.
Hawaiian Electric Industries, Inc. (HE) Q3 2026 Earnings Call Transcript
The national average electricity rate looks calm on paper, but for millions of households in a handful of states, power bills have become a crisis hiding inside a reassuring headline. One state's increase dwarfs every other, and the reasons behind it point to fault lines that could reshape costs across the country before winter.
Hawaiian Electric Industries, Inc. is upgraded from Strong Sell to Buy as risk declines and return prospects improve. At $8.21, HE offers a projected annualized return of 20.62% if sold at $15.10 in December 2029, driven by reduced investment duration. Dividend resumption is unlikely until wildfire liabilities are settled by April 2029, with normalized operations and payouts expected thereafter.
Benchmark HE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Hawaiian Electric Industries, Inc. (HE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $8.42 | $1.45B | 6.34 | -4.13% | 6.58% | 13.54% | 0.13% | |
| $78.44 | $3.29B | 18.77 | -1.99% | 13.45% | 9.33% | 2.67% | |
| $40.23 | $3.32B | 13.65 | 1.34% | 12.75% | 8.87% | 4.88% | |
| $82.73 | $5.09B | 31.20 | 6.38% | 9.48% | 5.66% | 3.18% | |
| $80.26 | $3.03B | 18.89 | 9.85% | 20.6% | 11.59% | 2.3% | |
| $118.56 | $43.69B | 19.20 | 10.89% | 12.7% | 9.02% | 2.74% |
Hawaiian Electric Industries, Inc. (HE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Hawaiian Electric Industries, Inc. (HE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 7, 2026·SEC
Jul 31, 2026·SEC
Jun 15, 2026·SEC
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Hawaiian Electric Industries, Inc. (HE) stock FAQ — growth, dividends, profitability & financials explained
Hawaiian Electric Industries, Inc. (HE) reported $3.50B in revenue over the trailing twelve months. Revenue was $3.09B in fiscal year 2025. That is 119% more than the $1.41B of fiscal year 1996.
Hawaiian Electric Industries, Inc. (HE) grew revenue by 26.5% over the trailing twelve months, compared with the twelve months before.
Yes. Hawaiian Electric Industries, Inc. (HE) earned $230.5M in net income over the trailing twelve months (a 6.6% net margin).
Yes. Hawaiian Electric Industries, Inc. (HE) pays a dividend that yields 0.13% at the current price, a small yield.
Hawaiian Electric Industries, Inc. (HE) had a return on equity (ROE) of 13.5% over the trailing twelve months. That is in line with the market's typical 10-15%.
Hawaiian Electric Industries, Inc. (HE) had negative free cash flow of $609.8M over the trailing twelve months.
