Hawaiian Electric Industries vs Txnm Energy
Hawaiian Electric Industries is the larger business, with $3.09bn of revenue in fiscal 2025 against $2.17bn for Txnm Energy (1.4 times as much). Txnm Energy grew faster (9.9% against -4.1%). Txnm Energy kept more of each dollar of sales as profit: a net margin of 7.0% against 4.1%. Hawaiian Electric Industries carries less debt relative to equity (142.3% against 164.5%).
| Latest fiscal year | Hawaiian Electric IndustriesHE, 2025 | Txnm EnergyTXNM, 2025 |
|---|---|---|
| Revenue | $3.09bn | $2.17bn |
| Revenue growth | -4.1% | 9.9% |
| Net income | $126m | $151m |
| Operating margin | 7.6% | 20.4% |
| Net margin | 4.1% | 7.0% |
| Return on equity | 8.2% | 5.1% |
| Free cash flow | $49.9m | −$611m |
| Cash | $502m | $18.3m |
| Total debt | $2.29bn | $5.60bn |
| Debt to equity | 142.3% | 164.5% |
| Dividend per share | — | $1.65 |
| Dividend yield | — | 2.8% |
| Share buybacks | — | $12.0m |
| Employees | — | — |
| Market value | $1.45bn | $6.45bn |
| Price vs our value range | — | — |
| Moat score | 25 (Weak) | 24 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 1 sales |