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Hawaiian Electric Industries (HE)

Hawaiian Electric Industries (HE)
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Hawaiian Electric Industries Inc. is a holding company with subsidiaries engaged in the electric utility, banking and other businesses operating primarily in the state of Hawaii. Electricity is provided by the company's 3 subsidiaries: The Hawaiian Electric Co., Maui Electric Co. and Hawaiian Electric Light Co. These utilities are engaged in the production, transmission, distribution, and sale of electricity. Hawaiian Electric's banking business centers around its subsidiary American Savings Holdings, Inc. and its subsidiary, American Savings Bank (ASB); HEI Properties, Inc.; Hawaiian Electric Industries Capital Trusts II and III, and The Old Oahu Tug Service, Inc. The company provides a wide array of banking services. Its Other businesses segment is composed of HEI's corporate-level operating, general and administrative expenses and the results of Pacific Current, LLC. The Other segment also includes ASB Hawaii, Inc.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Sales 805,820 790,610 746,390 744,070 486,950
Sales Growth +1.92% +5.92% +0.31% +52.80% -48.11%
Net Income 41,360 31,220 26,560 27,140 -67,770
Net Income Growth +32.48% +17.55% -2.14% +140.05% +34.79%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Total Assets 8,922,880 8,813,640 8,324,860 8,766,180 8,931,420
Total Assets Growth +1.24% +5.87% -5.03% -1.85% -49.63%
Total Liabilities 7,316,960 7,249,800 6,790,430 7,260,310 7,452,330
Total Liabilities Growth +0.93% +6.77% -6.47% -2.58% -53.87%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Operating Cash Flow 391,070 284,670 184,420 49,670 428,110
Operating Cash Flow Growth +37.38% +54.36% +271.29% -88.40% +22.00%
Net Cash Flow -741,070 -694,610 -1,088,570 -613,510 55,960
Change in Net Cash Flow -6.69% +36.19% -77.43% -1,196.34% -87.97%
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