Hawaiian Electric Industries (HE) vs PPL (PPL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
PPL (PPL) has outperformed Hawaiian Electric Industries (HE) over the past year, losing 9.4% versus a loss of 22.5%. Over five years, PPL leads with a +17.7% price change compared with -79.3% for HE. PPL is the larger company by market cap ($25.55 billion vs $1.52 billion), about 16.8 times the size.
On valuation, Hawaiian Electric Industries trades at a lower forward P/E (8.6x vs 16.0x for PPL). PPL pays a dividend yielding 3.28%, while Hawaiian Electric Industries does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HE | PPL |
|---|---|---|
| Share price | $8.77 | $33.95 |
| Market cap | $1.52B | $25.55B |
| 1-day change | -1.79% | +0.74% |
| YTD return | -28.70% | -3.06% |
| 1-year return | -22.53% | -9.44% |
| 5-year return | -79.34% | +17.68% |
| P/E ratio (TTM) | 6.75 | 20.09 |
| Forward P/E | 8.58 | 16.02 |
| EPS (TTM) | $1.30 | $1.69 |
| Dividend yield | 0.00% | 3.28% |
| Annual dividend | $0.00 | $1.12 |
| Revenue (latest FY) | — | $9.04B |
| Revenue growth (YoY) | — | +6.85% |
| Net income (latest FY) | — | $1.18B |
| Operating margin | — | 23.55% |
| Net margin | — | 13.06% |
| 52-week high | $17.38 | $40.11 |
| 52-week low | $8.68 | $31.56 |
| Distance from 52-week high | -49.54% | -15.36% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | -1.60% | +18.20% |
| Average volume | 2.32M | 7.47M |
| Shares outstanding | 173.02M | 752.54M |
| Employees | 2,659 | 6,546 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric 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
- PPL is about 16.8 times larger than Hawaiian Electric Industries by market value ($25.55B vs $1.52B).
- PPL has outperformed HE by 13.1 percentage points over the past year.
- PPL trades at a higher earnings multiple (20.1x vs 6.7x trailing P/E).
- PPL offers a meaningfully higher dividend yield (3.28% vs 0.00%).
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 PPL
PPL stock →PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated.
Utilities · Electric Utilities: Central · 6,546 employees
HE vs PPL FAQ
Which is bigger, Hawaiian Electric Industries or PPL?
PPL (PPL) is larger, with a market capitalization of $25.55B compared with $1.52B for Hawaiian Electric Industries (HE).
Which stock has performed better over the past year, HE or PPL?
PPL returned -9.44% over the past 12 months, compared with -22.53% for HE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HE or PPL?
HE has the lower trailing P/E at 6.7, versus 20.1 for PPL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Hawaiian Electric Industries or PPL?
PPL pays a dividend yielding 3.28%, while Hawaiian Electric Industries does not currently pay a regular dividend.
Are Hawaiian Electric Industries and PPL in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.