Hawaiian Electric Industries Financial Ratios
NYSE: HEUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hawaiian Electric Industries ratio analysis
Hawaiian Electric Industries earned a net margin of 4.1% in FY 2025, up from -44.2% a year earlier. Return on equity reached 7.9%, meaning Hawaiian Electric Industries generated 0.08 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 1.50 versus 1.93 the year before, and the current ratio was 1.32.
At the end of FY 2025, HE traded at 17.8 times earnings; across the 9 fiscal years shown, its year-end P/E ranged from 7.8 to 23.8, with a median of 19.0. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Hawaiian Electric Industries financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 17.79 | — | 7.84 | 19.02 | 18.44 | 19.55 | 23.09 | 19.33 | 23.78 | 14.44 |
| Price / sales | 0.71 | 0.37 | 0.47 | 1.34 | 1.59 | 1.50 | 1.74 | 1.36 | 1.54 | 1.50 |
| Price / book | 1.36 | 0.80 | 0.66 | 2.08 | 1.90 | 1.65 | 2.20 | 1.80 | 1.87 | 1.73 |
| Operating margin | 7.6% | -53.0% | 8.4% | 8.2% | 13.5% | 12.1% | 12.1% | 11.7% | 13.5% | 14.9% |
| Net margin | 4.1% | -44.2% | 6.1% | 7.1% | 8.7% | 7.7% | 7.6% | 7.1% | 6.5% | 10.5% |
| Free cash flow margin | 1.6% | 4.4% | 3.3% | 3.4% | 2.1% | 1.8% | 1.9% | -1.3% | -2.9% | 7.0% |
| Return on equity (ROE) | 7.9% | -96.3% | 8.6% | 11.0% | 10.4% | 8.5% | 9.6% | 9.4% | 8.0% | 12.1% |
| Return on assets (ROA) | 1.4% | -15.9% | 2.6% | 1.5% | 1.6% | 1.3% | 1.6% | 1.6% | 1.3% | 2.1% |
| Debt / equity | 1.50 | 1.93 | 1.21 | 1.08 | 0.97 | 0.91 | 0.86 | 0.87 | 0.80 | 0.78 |
| Current ratio | 1.32 | 1.61 | — | — | — | — | — | — | — | — |
| Revenue growth | -4.1% | -2.1% | -3.9% | 20.0% | 10.5% | -10.2% | 0.5% | 11.9% | 7.3% | -8.5% |
| EPS growth | — | -720.4% | -17.7% | -2.2% | 24.3% | -9.0% | 7.6% | 21.7% | -33.6% | 52.7% |