Hawaiian Electric Industries Financial Statements
NYSE: HEUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hawaiian Electric Industries revenue and earnings
In fiscal 2025, Hawaiian Electric Industries generated $3.09 billion in revenue, down 4.1% from fiscal 2024, its first annual decline since 2024. Net income was $126.3 million, for a net margin of 4.1% versus a median of 7.1% in the prior 5 years. Operating margin was 7.6%.
Diluted earnings per share came in at $0.71. Over the last 5 fiscal years, HE's revenue has grown at a 3.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Hawaiian Electric Industries income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.09B | 3.22B | 3.29B | 3.42B | 2.85B | 2.58B | 2.87B | 2.86B | 2.56B | 2.38B |
| Revenue growth (YoY) | -4.13% | -2.06% | -3.90% | +20.02% | +10.49% | -10.24% | +0.46% | +11.94% | +7.35% | -8.54% |
| Operating Income | 235.32M | -1.71B | 274.99M | 279.56M | 386.07M | 311.49M | 348.02M | 333.36M | 346.23M | 355.84M |
| Interest Expense | 117.33M | 127.21M | 208.33M | 116.70M | 99.40M | 99.81M | 109.34M | 104.22M | 91.13M | 88.56M |
| Pretax Income | 166.93M | -1.79B | 182.30M | 201.95M | 310.86M | 240.62M | 271.41M | 254.46M | 276.58M | 373.84M |
| Income Tax | 40.65M | -470.96M | 34.53M | 38.91M | 62.81M | 40.91M | 51.64M | 50.80M | 109.39M | 123.69M |
| Net Income | 126.28M | -1.42B | 201.13M | 243.03M | 248.06M | 199.71M | 219.77M | 203.66M | 167.19M | 250.15M |
| Net Income growth (YoY) | — | -808.07% | -17.24% | -2.03% | +24.21% | -9.13% | +7.91% | +21.82% | -33.16% | +54.63% |
| EPS (Basic) | 0.71 | -11.23 | 1.82 | 2.20 | 2.25 | 1.81 | 2.00 | 1.85 | 1.52 | 2.30 |
| EPS (Diluted) | 0.71 | -11.23 | 1.81 | 2.20 | 2.25 | 1.81 | 1.99 | 1.85 | 1.52 | 2.29 |
| Shares Outstanding (Basic) | 172.55M | 126.93M | 109.74M | 109.43M | 109.28M | 109.14M | 108.95M | 108.86M | 108.75M | 108.10M |
| Shares Outstanding (Diluted) | 173.02M | 126.93M | 110.04M | 109.78M | 109.58M | 109.36M | 109.41M | 109.15M | 108.93M | 108.31M |
| EBITDA | 534.24M | -1.41B | 557.30M | 549.96M | 664.77M | 602.27M | 626.13M | 588.99M | 568.23M | 560.58M |
| Operating Margin | 7.62% | -53.01% | 8.36% | 8.17% | 13.54% | 12.07% | 12.11% | 11.65% | 13.55% | 14.95% |
| Net Margin | 4.09% | -44.23% | 6.12% | 7.10% | 8.70% | 7.74% | 7.65% | 7.12% | 6.54% | 10.51% |
This table shows 10 annual periods of Hawaiian Electric Industries's income statement, from FY 2025 back to FY 2016, across 13 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow HE's reporting calendar. What is a income statement?