Hawaiian Electric Industries, Inc. (HE) Stock

Hawaiian Electric Industries, Inc. (HE) is a Utilities stock trading at $13.01 (as of 2026-06-18), with a market capitalization of $2.30B and a trailing P/E of 18.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. This segment operates 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.

Valuation — source: SEC EDGAR (first-party)
Price$13.01
Market Cap$2.30B
P/E Ratio18.2
EV / EBITDA7.2
Price / Book1.42
Price / Sales0.75
Dividend Yield0.0%
DCF Value (model)$-3.54
DCF Upside vs Price-127.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.09B
Net Margin4.1%
Return on Equity7.9%
Debt / Equity1.47
Current Ratio1.34
Revenue Growth (YoY)0.3%
EPS Growth (YoY)20.0%
FCF Growth (YoY)15.3%
Financial Health — source: SEC EDGAR
Altman Z-Score0.57 (distress)
Valuation vs Sector & Industry
Stock P/E18.2
Sector P/E (Utilities)21.9
Industry P/E (Utilities)21.3
vs Sector-16.8%
vs Industry-14.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($382.09M)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorUtilities
IndustryUtilities
CEOScott W. H. Seu
Employees2,587
CountryUS
IPO Date1964-07-18

Related Companies (Business model: Regulated Utility (Electric / Gas); 8 closest by market cap; US-domiciled)

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HE earnings history · HE institutional & insider holders · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-06-18.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.