MetaCap

Hawaiian Electric Industries (HE) vs Hallador Energy (HNRG)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Hawaiian Electric Industries (HE) has outperformed Hallador Energy (HNRG) over the past year, losing 20.5% versus a loss of 26.8%. Over five years, HNRG leads with a +299.4% price change compared with -79.2% for HE. Hawaiian Electric Industries is the larger company by market cap ($1.52 billion vs $669.9 million), about 2.3 times the size.

On valuation, Hawaiian Electric Industries trades at a lower forward P/E (8.6x vs 65.6x for Hallador Energy).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

HE-20.54%HNRG-26.82%
+58%+11%-36%
Oct 8, 20251 yearOct 8, 2026
HE-78.28%HNRG+238.00%
+445%+170%-105%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

HE versus HNRG key metrics
MetricHEHNRG
Share price$8.76$14.21
Market cap$1.52B$669.91M
1-day change-0.68%-2.00%
YTD return-28.29%-23.84%
1-year return-20.54%-26.82%
5-year return-79.22%+299.45%
P/E ratio (TTM)6.74710.50
Forward P/E8.5765.58
EPS (TTM)$1.30$0.02
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$3.09B—
Revenue growth (YoY)-4.13%—
Net income (latest FY)$126.28M—
Operating margin7.62%—
Net margin4.09%—
52-week high$17.38$24.70
52-week low$8.65$13.19
Distance from 52-week high-49.60%-42.47%
Analyst consensusunderperformstrong_buy
Avg. price target upside-1.48%+97.04%
Average volume2.35M767.71K
Shares outstanding173.02M47.14M
Employees2,659633
SectorUtilitiesUtilities
IndustryElectric Utilities: CentralElectric Utilities: Central

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Hawaiian Electric Industries is about 2.3 times larger than Hallador Energy by market value ($1.52B vs $669.91M).
  • Hallador Energy trades at a higher earnings multiple (710.5x vs 6.7x trailing P/E).

About Hawaiian Electric Industries

HE stock →

Hawaiian Electric Industries, Inc. together with its subsidiaries, engages in the electric utility business.

Utilities · Electric Utilities: Central · 2,659 employees

About Hallador Energy

HNRG stock →

Hallador Energy Company, through its subsidiaries, operates as an independent power producer and fuel company in the United States. It operates in two segments, Electric Operations and Coal Operations.

Utilities · Electric Utilities: Central · 633 employees

HE vs HNRG FAQ

Which is bigger, Hawaiian Electric Industries or Hallador Energy?

Hawaiian Electric Industries (HE) is larger, with a market capitalization of $1.52B compared with $669.91M for Hallador Energy (HNRG).

Which stock has performed better over the past year, HE or HNRG?

HE returned -20.54% over the past 12 months, compared with -26.82% for HNRG (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, HE or HNRG?

HE has the lower trailing P/E at 6.7, versus 710.5 for HNRG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Hawaiian Electric Industries and Hallador Energy in the same industry?

Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.

More comparisons