# Hawaiian Electric Industries, Inc. (HE)

> Utilities · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/HE/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 1.69B | $ 153.65M | $ -592.46M | $ 2.82B | $ 1.76B |
| 2025 | $ 3.16B | $ 129.30M | $ 51.06M | $ 2.96B | $ 1.61B |
| 2024 | $ 3.17B | $ -1.50B | $ 151.66M | $ 3.33B | $ 1.51B |
| 2023 | $ 3.55B | $ 215.43M | $ 117.58M | $ 3.24B | $ 2.38B |
| 2022 | $ 4.18B | $ 269.90M | $ 35.77M | $ 3.43B | $ 2.24B |
| 2021 | $ 3.39B | $ 294.85M | $ 72.68M | $ 2.60B | $ 2.43B |
| 2020 | $ 3.29B | $ 254.42M | $ 57.98M | $ 2.50B | $ 2.37B |
| 2019 | $ 3.71B | $ 281.84M | $ 70.93M | $ 2.46B | $ 2.31B |
| 2018 | $ 3.78B | $ 266.48M | $ -50.26M | $ 2.06B | $ 2.20B |
| 2017 | $ 3.44B | $ 222.68M | $ -100.69M | $ 1.99B | $ 2.13B |
| 2016 | $ 3.28B | $ 341.56M | $ 227.30M | $ 1.81B | $ 2.10B |
| 2015 | $ 3.65B | $ 224.47M | $ -11.13M | $ 2.01B | $ 1.93B |
| 2014 | $ 4.58B | $ 237.43M | $ -54.04M | $ 1.92B | $ 1.79B |
| 2013 | $ 4.61B | $ 229.71M | $ -38.02M | $ 1.84B | $ 1.73B |
| 2012 | $ 4.87B | $ 200.19M | $ -131.29M | $ 1.70B | $ 1.59B |
| 2011 | $ 4.76B | $ 203.08M | $ 22.40M | $ 1.64B | $ 1.53B |
| 2010 | $ 4.04B | $ 171.91M | $ 240.13M | $ 1.63B | $ 1.48B |
| 2009 | $ 3.50B | $ 123.55M | $ -481.74M | $ 1.70B | $ 1.44B |
| 2008 | $ 4.87B | $ 136.69M | $ -36.53M | $ 1.89B | $ 1.39B |
| 2007 | $ 3.84B | $ 128.37M | $ -1.45M | $ 1.33B | $ 1.28B |
| 2006 | $ 3.73B | $ 163.53M | $ 44.53M | $ 2.88B | $ 1.10B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 1.60 |
| Liabilities / Eq | 3.77 |
| Current Ratio | 0.99 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 34.04 |
| Gross Debt / FCF | 2,445.69 |

## Other views

- [Metrics](https://sponda.capital/en/HE.md)
- [Charts](https://sponda.capital/en/HE/charts.md)
- [Compare](https://sponda.capital/en/HE/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.