Hawaiian Electric Industries Inc (HE) stock
Close on Nov 11, 2026Market cap $1.54BP/E 6.8Yield –
Hawaiian Electric Industries Inc grew revenue 13.6% to $3.50B over the twelve months to Sep 30, 2026. Operating income rose 64.9% to $365.92M, moving the operating margin from 7.2% to 10.5%. Free cash flow was -$609.80M, down 877.2% from a year earlier. At the latest close the market valued the company at $1.54B, 6.8 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $1.54B
- P/E ratio
- 6.8
- Price to sales
- 0.44
- Price to book
- 0.86
- Dividend yield
- –
- Free cash flow yield
- -39.53%
Fundamentals
- Revenue
- $3.50B
- Net income
- $230.46M
- EPS, diluted
- $1.32
- Free cash flow
- -$609.80M
- Book value per share
- $10.38
- Diluted shares
- 174M
Trading
- Next earnings
- Feb 26, 2027 (estimated, during market hours)
- Previous close
- $9.08
- Open
- $9.04
- Day's range
- $8.87 – $9.10
- Volume
- 3,678,190
- Average volume (20 days)
- 4,158,240
- Index membership
- S&P SmallCap 600 (since Feb 2026), Russell 2000 (since Sep 2024), Russell 3000
- Beta (5 years)
- 0.59
- 52-week range
- $8.14 – $17.38
- RSI (14 days)
- 52.6
- Volatility (1 year)
- 33.2%
- Relative volume
- 1.34×
- WACC
- 7.9%
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | HE | S&P 500 | Difference | HE per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +1.9% | -2.4% | +4.4 pts | ||
| 3 months | -24.6% | -1.2% | −23.5 pts | ||
| Year to date | -27.4% | +12.3% | −39.7 pts | ||
| 1 year | -22.3% | +12.4% | −34.7 pts | ||
| 3 years | -23.1% | +78.8% | −101.9 pts | -8.4% | +21.4% |
| 5 years | -75.8% | +75.2% | −150.9 pts | -24.7% | +11.9% |
| 10 years | -60.7% | +311.1% | −371.8 pts | -8.9% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Hawaiian Electric Industries filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Results
- News
- Update
- Results
- Results
About Hawaiian Electric Industries
Electric Services
HEI is a holding company that operates primarily in the electric utility sector and renewable infrastructure activities. The company maintains a single reportable operating segment, Electric utility, alongside a non-reportable segment that manages sustainable infrastructure holdings and administrative operations. Through its regulated utility subsidiaries—Hawaiian Electric, Hawaii Electric Light, and Maui Electric—the organization generates, purchases, transmits, distributes, and supplies electric power. It delivers electricity to a customer base consisting of residential, commercial, and industrial users, as well as various federal government agencies and military installations.
Company profile, executives and historyHawaiian Electric Industries stock: common questions
What is Hawaiian Electric Industries's stock price?
HE closed at $8.93 on Nov 11, 2026, down 1.65% on the day. Over the past 52 weeks it traded between $8.14 and $17.38.
What is Hawaiian Electric Industries's market cap?
Hawaiian Electric Industries was worth $1.54B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is HE's P/E ratio?
HE trades at 6.8 times earnings, based on diluted earnings per share of $1.32 over the twelve months to Sep 30, 2026.
How much revenue does Hawaiian Electric Industries make?
Hawaiian Electric Industries reported revenue of $3.50B for the twelve months to Sep 30, 2026, up 13.6% from a year earlier.
Does Hawaiian Electric Industries pay a dividend?
No. Hawaiian Electric Industries has not paid a cash dividend over the last twelve months.
When does Hawaiian Electric Industries report earnings next?
Hawaiian Electric Industries is expected to report Q4 FY2026 results on Feb 26, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has HE stock performed over the past year?
Including dividends, HE returned -22.3% over the past year, against +12.4% for the S&P 500.
How many HE shares are sold short?
16M shares were sold short at the latest FINRA report, 9.09% of the float, or 3.8 days of average trading volume.
Who are Hawaiian Electric Industries's competitors?
Companies most similar to Hawaiian Electric Industries by business, industry and size include POR, OGE, IDA, TXNM, PNW.
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