Market cap
$1,916 Mln
Revenue (TTM)
$3,283 Mln
P/E Ratio
8.6
P/B Ratio
1.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 25.89 | 25.90 | 12.58 | -5.46 | 4.64 |
| EBIT | 212.99 | 223.93 | 381.97 | 3.37 | 1.81 |
| Net Profit | 304.60 | 363.89 | 291.72 | -0.44 | -4.01 |
| EPS | 304.84 | 362.37 | 212.71 | -14.46 | -10.25 |
| Book Value | -- | -- | -25.84 | -23.00 | -15.58 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -11.44 | -2.46 | 13.07 | 9.05 | -51.86 |
| Net Margin
| -- | 8.61 | 6.89 | -- | -- |
| Return on equity
| -18.81 | -7.17 | 13.43 | 8.10 | -73.17 |
| Return on Capital
| -7.00 | -2.30 | -- | 2.68 | -27.21 |
| Return on Assets
| -2.76 | -1.05 | 2.33 | 1.41 | -10.88 |
| Debt to Equity (x)
| -- | -- | 1.29 | 1.84 | 2.20 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
--
|
2.68
|
-27.21
|
3.53
|
4.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
13.43
Higher than Peers by 3.31
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
13.43
|
8.10
|
-73.17
|
8.63
|
10.34
|
|
Peer Median
|
10.12
|
--
|
--
|
--
|
--
|
ROA
2.33
Lower than Peers by 0.20
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
2.33
|
1.41
|
-10.88
|
1.18
|
1.47
|
|
Peer Median
|
2.53
|
--
|
--
|
--
|
--
|
EBIT Margin
13.07
Lower than Peers by 8.93
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
13.07
|
9.05
|
-51.86
|
8.49
|
8.28
|
|
Peer Median
|
22.00
|
--
|
--
|
--
|
--
|
Net Margin
6.89
Lower than Peers by 6.55
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
6.89
|
4.09
|
-44.23
|
6.06
|
7.05
|
|
Peer Median
|
13.45
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
12.58
Higher than Peers by 7.74
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
12.58
|
-0.04
|
-0.02
|
-0.04
|
0.20
|
|
Peer Median
|
4.84
|
--
|
--
|
--
|
--
|
EBIT Growth
381.97
Higher than Peers by 372.00
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
381.97
|
116.73
|
-698.50
|
-1.50
|
-27.73
|
|
Peer Median
|
9.97
|
--
|
--
|
--
|
--
|
Net Profit Growth
291.72
Higher than Peers by 281.71
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
291.72
|
108.87
|
-814.78
|
-17.38
|
-2.04
|
|
Peer Median
|
10.01
|
--
|
--
|
--
|
--
|
EPS Growth
212.71
Higher than Peers by 205.24
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
212.71
|
1.06
|
-7.54
|
-0.18
|
-0.02
|
|
Peer Median
|
7.46
|
--
|
--
|
--
|
--
|
Book Value Growth
12.01
Higher than Peers by 6.94
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
12.01
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.06
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.29
Lower than Peers by 0.13
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
1.29
|
1.84
|
2.20
|
1.36
|
1.53
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
0.01
|
0.08
|
0.10
|
0.01
|
0.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.99
Higher than Peers by 0.14
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
0.99
|
1.32
|
1.61
|
1.59
|
1.61
|
|
Peer Median
|
0.84
|
--
|
--
|
--
|
--
|
Quick Ratio
0.73
Higher than Peers by 0.04
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
0.73
|
--
|
--
|
1.59
|
1.61
|
|
Peer Median
|
0.68
|
--
|
--
|
--
|
--
|
Interest Coverage
3.24
Higher than Peers by 0.61
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
3.24
|
2.48
|
-13.72
|
2.32
|
2.83
|
|
Peer Median
|
2.63
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
15.85
Higher than Peers by 1.51
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
15.85
|
15.92
|
14.20
|
16.63
|
14.96
|
|
Peer Median
|
14.35
|
--
|
--
|
--
|
--
|
Asset Turnover
0.34
Higher than Peers by 0.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
0.34
|
0.35
|
0.25
|
0.19
|
0.21
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
--
|
56.13
|
56.94
|
58.81
|
45.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
--
|
--
|
-0.01
|
-0.06
|
-0.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
--
|
27.06
|
14.91
|
30.91
|
29.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
--
|
--
|
42.02
|
27.83
|
15.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
8.60
Lower than Peers by 12.63
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
8.60
|
16.81
|
-0.82
|
7.86
|
19.05
|
|
Peer Median
|
21.23
|
--
|
--
|
--
|
--
|
Price / Book Value
1.07
Lower than Peers by 0.99
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
1.07
|
1.32
|
0.78
|
0.66
|
2.05
|
|
Peer Median
|
2.06
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.23
|
--
|
--
|
--
|
--
|
EV/EBITDA
6.16
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
6.16
|
7.60
|
-2.49
|
6.08
|
14.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
1,916
Lower than Peers by 806
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hawaiian Electric (HE)
|
1,916
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,722
|
--
|
--
|
--
|
--
|