Hawaiian Electric Industries, Inc. (HE) Stock Price

HEStock

$8.58−23.87%52W

Market Cap$1.48B

P/E11.74x

PEG Ratio5.08

Div yield—

Beta0.53

HE Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-53.72%

Price vs S&P 500 (4W)-9.02%

PEG Ratio5.08

VGM Score45.08

P/E Ratio (Annual)11.74x

P/CF (Annual)3.79x

Book Value / Share (Quarterly)$10.21

P/TBV (Annual)0.65x

Revenue Growth (3Y)-6.21%

Cash Flow / Share (Quarterly)$-3.27

Payout Ratio (TTM)1.50%

Price vs S&P 500 (YTD)-42.17%

Gross Margin (TTM)11.48%

Net Profit Margin (TTM)6.89%

EPS (TTM)$1.31

10-Day Avg Trading Volume2.92M

EPS Excl Extra (TTM)$1.31

Revenue Growth (5Y)3.65%

EPS (Annual)$0.73

Dividend / Share (Annual)$0.01

ROI (Annual)2.79%

Gross Margin (Annual)7.62%

Net Profit Margin (5Y Avg)-3.90%

Cash / Share (Quarterly)$1.38

P/E Basic Excl Extra (TTM)6.55x

Revenue Growth QoQ (YoY)25.90%

EPS Growth (5Y)-16.75%

P/E Normalized (Annual)11.74x

ROA (Last FY)1.42%

Revenue Growth TTM (YoY)1.69%

EBITD / Share (TTM)$3.67

ROE (5Y Avg)-11.34%

Operating Margin (TTM)11.39%

Cash Flow / Share (Annual)$0.29

P/B Ratio0.84x

P/B Ratio (Quarterly)1.32x

Net Income / Employee (Annual)$47,500

EV / Revenue (TTM)1.22x

Net Interest Coverage (TTM)3.81x

ROA (TTM)2.58%

EPS Growth QoQ (YoY)362.42%

EV / EBITDA (TTM)6.31x

EPS Incl Extra (Annual)$0.73

Current Ratio (Annual)2.19x

Quick Ratio (Quarterly)1.87x

3-Month Avg Trading Volume2.28M

52-Week Price Return-23.87%

EV / Free Cash Flow (Annual)80.37x

P/E Incl Extra (TTM)6.55x

Revenue / Employee (TTM)$1,234,500

Tangible BV / Share (Quarterly)$19.77

P/S Ratio (Annual)0.48x

Asset Turnover (Annual)0.35x

52-Week High$17.38

Operating Margin (5Y Avg)-2.92%

EPS Excl Extra (Annual)$0.73

CapEx CAGR (5Y)-2.33%

Tangible BV CAGR (5Y)1.01%

26-Week Price Return-43.81%

Quick Ratio (Annual)2.19x

13-Week Price Return-36.21%

Total Debt / Equity (Annual)1.82x

Current Ratio (Quarterly)1.87x

Enterprise Value$4.01B

Revenue / Share Growth (5Y)-5.43%

Asset Turnover (TTM)0.37x

Book Value / Share Growth (5Y)-15.63%

Revenue / Employee (Annual)$1,160,900

Inventory Turnover (Annual)28.53x

Pretax Margin (Annual)5.41%

Cash / Share (Annual)$2.91

3-Month Return Std Dev23.57%

Gross Margin (5Y Avg)9.68%

Net Income / Employee (TTM)$85,100

EBITDA CAGR (5Y)-2.55%

EBITDA Interim CAGR (5Y)10.32%

ROE (Last FY)7.86%

Net Interest Coverage (Annual)4.67x

EPS Basic Excl Extra (Annual)$0.73

P/FCF (TTM)17.08x

Receivables Turnover (TTM)6.87x

EV / Free Cash Flow (TTM)102.17x

Total Debt / Equity (Quarterly)1.57x

EPS Incl Extra (TTM)$1.31

Receivables Turnover (Annual)6.51x

ROI (TTM)4.99%

Dividend Growth Rate (5Y)-61.73%

P/S Ratio (TTM)0.45x

Pretax Margin (5Y Avg)-5.25%

Revenue / Share (Annual)$17.84

Tangible BV / Share (Annual)$19.68

Forward P/E12.93x

Free OCF CAGR (5Y)1.85%

Price vs S&P 500 (52W)-39.40%

P/E Ratio (TTM)6.55x

Year-to-Date Return-30.24%

5-Day Price Return-0.92%

EPS Normalized (Annual)$0.73

ROA (5Y Avg)-2.06%

Net Profit Margin (Annual)4.09%

Month-to-Date Return-4.03%

Cash Flow / Share (TTM)$4.32

EBITD / Share (Annual)$2.79

EPS Growth (3Y)-30.91%

Operating Margin (Annual)7.22%

LT Debt / Equity (Annual)1.42x

P/CF (TTM)5.13x

ROI (5Y Avg)-2.86%

P/E Excl Extra (TTM)6.55x

LT Debt / Equity (Quarterly)1.29x

EPS Basic Excl Extra (TTM)$1.31

P/TBV (Quarterly)0.64x

Payout Ratio (Annual)1.50%

P/B Ratio (Annual)1.32x

Dividend / Share (TTM)$0.01

Inventory Turnover (TTM)58.78x

Pretax Margin (TTM)9.04%

Book Value / Share (Annual)$9.30

Price vs S&P 500 (13W)-38.89%

Net Margin Growth (5Y)-11.98%

Dividend Yield (TTM)0.06%

Beta0.53x

P/FCF (Annual)29.72x

Revenue / Share (TTM)$18.95

ROE (TTM)13.70%

52-Week Low$8.20

vGradeB

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HE Earnings Surprise History

Quarter	Report date	EPS estimate	EPS actual	Surprise
Q2 2026	Aug 7, 2026	$0.17	$0.13	-23.53%(-$0.04)
Q1 2026	May 8, 2026	$0.28	$0.18	-35.48%(-$0.10)
Q4 2025	Feb 27, 2026	$0.24	$0.24	+0.00%(+$0.00)
Q3 2025	Nov 7, 2025	$0.18	$0.19	+2.70%(+$0.01)
Q2 2025	Aug 7, 2025	$0.07	$0.20	+189.86%(+$0.13)

HE Analyst Recommendations

Jun 2026

Jul 2026

Aug 2026

Sep 2026

1.90

Industry Peers — Electric Services(103)

Symbol	Value Score	Growth Score	Momentum Score	Indicated Dividend Yield (Annual)	P/E Ratio (Annual)	Payout Ratio (TTM)	Total Debt / Equity (Quarterly)	Price
HEHawaiian Electric Industries, Inc.	B	D	F	—	11.7x	1.5%	1.6x	$8.58
NEENextEra Energy, Inc.	D	B	C	3.2%	24.4x	53.2%	1.9x	$79.80
SOThe Southern Company	D	C	C	4.0%	24.2x	66.6%	1.9x	$91.18
CEGConstellation Energy Corporation Common Stock	D	B	C	0.9%	41.5x	72.8%	0.8x	$271.37
AEPAmerican Electric Power Company, Inc.	C	C	B	4.5%	19.3x	65.2%	1.6x	$127.14
DDominion Energy, Inc Common Stock	D	C	C	5.7%	18.6x	91.3%	1.8x	$63.56
VSTVistra Corp.	C	C	C	2.4%	54.1x	22.5%	3.7x	$152.02
ETREntergy Corporation	D	D	C	4.5%	28.3x	63.9%	1.9x	$105.11
FTSFortis Inc. Common Shares	D	D	B	4.2%	22.0x	50.3%	1.4x	$55.76
DTEDTE Energy Company	C	D	D	3.6%	18.5x	68.6%	2.3x	$129.73
FEFirstEnergy Corp.	C	D	C	4.4%	26.2x	69.0%	2.2x	$46.19
CNPCenterPoint Energy, Inc.	D	C	B	2.9%	25.4x	52.7%	2.1x	$40.55
PPLPPL Corporation	D	C	C	3.6%	22.4x	64.6%	1.4x	$35.17
ESEversource Energy	B	C	C	4.6%	14.9x	78.7%	1.8x	$66.85
NRGNRG Energy, Inc.	C	B	F	3.3%	25.2x	51.7%	4.8x	$103.75
EIXEdison International	A	B	D	4.5%	4.6x	35.1%	2.4x	$55.93
SOJCThe Southern Company Series 2017B 5.25% Junior Subordinated Notes due December 1, 2077	D	C	C	4.0%	24.2x	66.6%	1.9x	$18.59
TLNTalen Energy Corporation Common Stock	F	B	C	—	17.0x	—	5.9x	$354.81
EMAEmera Incorporated	C	C	C	6.0%	18.8x	65.3%	1.5x	$47.72
BEPBrookfield Renewable Partners L.P.	B	C	D	5.5%	—	71.3%	8.4x	$28.40
KEPKorea Electric Power Corp	A	C	D	4.7%	2.1x	19.9%	2.7x	$10.63
PNWPinnacle West Capital Corporation	C	C	B	4.8%	20.3x	67.4%	1.6x	$103.42
ELPCCompanhia Paranaense de Energia - COPEL American Depositary Shares (each representing four (4) Common Shares)	B	C	A	4.1%	16.7x	194.1%	0.8x	$13.97
OGEOGE Energy Corp.	C	D	B	4.8%	20.9x	74.3%	1.2x	$47.53
ENLTEnlight Renewable Energy Ltd. Ordinary Shares	F	A	C	—	72.5x	—	2.5x	$69.68
CIG.CCompanhia Energetica De Minas Gerais-CEMIG	B	D	B	7.5%	8.0x	99.8%	0.8x	$3.39
IDAIDACORP, Inc.	D	D	C	3.4%	24.7x	57.0%	1.1x	$138.30
CWENClearway Energy, Inc. Class C Common Stock	D	C	B	4.7%	35.6x	127.2%	4.5x	$29.93
CIGCompanhia Energetica De Minas Gerais-CEMIG	B	D	B	7.5%	8.0x	99.8%	0.8x	$2.32
TXNMTXNM Energy, Inc.	D	C	B	2.9%	42.4x	66.0%	1.7x	$58.52
ENICEnel Chile S.A. American Depositary Shares Representing Common Stock (Each representing 50 shares of Common Stock)	A	D	A	9.8%	11.2x	54.0%	0.5x	$4.46
BKHBlack Hills Corporation	B	D	B	4.9%	20.0x	69.2%	1.1x	$76.63
ORAOrmat Technologies, Inc.	F	C	D	0.7%	44.3x	22.7%	1.3x	$89.31
BEPCBrookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares	C	D	D	5.1%	—	—	124.0x	$28.67
OKLOOklo Inc.	—	—	F	—	—	—	0.0x	$27.97
PORPortland General Electric Company	B	C	D	4.6%	17.0x	91.8%	1.3x	$44.15
PAMPAMPA ENERGIA S.A.	B	A	B	—	13.6x	0.8%	0.7x	$81.10
TACTransAlta Corporation	D	D	D	1.8%	23.1x	106.5%	2.4x	$12.85
AQNAlgonquin Power & Utilities Corp	B	D	D	7.3%	22.2x	141.2%	1.4x	$5.25
OTTROtter Tail Corp	D	C	B	2.3%	13.7x	32.2%	0.7x	$90.13
KENKENON HOLDINGS LTD.	C	C	B	12.1%	49.9x	229.1%	1.9x	$63.44
DTWDTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077	C	D	D	3.6%	18.5x	68.6%	2.3x	$18.36
FRVOFervo Energy Company Class A common stock	—	—	F	—	—	—	0.1x	$9.68
RNWReNew Energy Global plc Class A Ordinary Shares	B	B	B	—	24.2x	—	6.1x	$6.88
CEPUCentral Puerto S.A. American Depositary Shares (each represents ten Common Shares)	B	A	B	—	8.3x	0.4%	0.3x	$12.93
EDNEmpresa Distribuidora Y Comercializadora Norte S.A. (Edenor)	A	B	C	—	6.3x	—	0.6x	$20.41
XIFRXPLR Infrastructure, LP	A	D	D	—	—	61.6%	1.9x	$9.94
EAIEntergy Arkansas, LLC First Mortgage Bonds, 4.875% Series due September 1, 2066	—	—	D	—	—	—	—	$18.31
NNENano Nuclear Energy Inc. Common Stock	—	—	F	—	—	—	0.0x	$12.88
HNRGHallador Energy Company	C	B	F	—	13.2x	—	0.2x	$11.71
GFUZGeneral Fusion Group Ltd. Common Shares	—	—	F	—	150.2x	—	0.0x	$6.67

About Hawaiian Electric Industries, Inc.

Hawaiian Electric Industries operates three regulated utilities providing electricity across Hawaii's five islands—Oahu, Hawaii, Maui, Molokai, and Lanai. The company also holds a 10% minority interest in American Savings Bank.