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Hawaiian Electric Industries vs Otter Tail

Hawaiian Electric Industries is the larger business, with $3.09bn of revenue in fiscal 2025 against $1.30bn for Otter Tail (2.4 times as much). Otter Tail grew faster (-2.3% against -4.1%). Otter Tail kept more of each dollar of sales as profit: a net margin of 21.2% against 4.1%. Otter Tail carries less debt relative to equity (59.3% against 142.3%).

Latest fiscal yearHawaiian Electric IndustriesHE, 2025Otter TailOTTR, 2025
Revenue $3.09bn $1.30bn
Revenue growth -4.1% -2.3%
Net income $126m $276m
Operating margin 7.6% 26.6%
Net margin 4.1% 21.2%
Return on equity 8.2% 15.6%
Free cash flow $49.9m $97.9m
Cash $502m $386m
Total debt $2.29bn $1.10bn
Debt to equity 142.3% 59.3%
Dividend per share — $2.10
Dividend yield — 2.4%
Share buybacks — —
Employees — 2,198
Market value $1.45bn $3.52bn
Price vs our value range — —
Moat score 25 (Weak) 57 (Moderate)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 3 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.