Hawaiian Electric Industries Inc income statement
In fiscal 2025, Hawaiian Electric Industries Inc reported revenue of $3.09bn, down 4.1% on the year before, operating income of $235m (a 7.6% margin) and net income of $126m, or $0.71 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,310 | 2,665 | 3,242 | 3,375 | 3,238 | 3,240 | 2,603 | 2,381 | 2,556 | 2,861 | 2,874 | 2,580 | 2,850 | 3,421 | 3,288 | 3,220 | 3,087 | 3,283 |
| Operating income | 188 | 256 | 290 | 284 | 318 | 333 | 323 | 356 | 346 | 333 | 348 | 311 | 386 | 280 | 275 | −1,707 | 235 | 377 |
| Interest expense | 120 | 102 | 97 | 89 | 86 | 87 | 88 | 89 | 91 | 104 | 109 | 100 | 99 | 117 | 208 | 127 | 117 | 135 |
| Provision for credit losses | −32 | 21 | 15 | 13 | 2 | 6 | 6 | 17 | 11 | 15 | 23 | 50 | −26 | 3 | 10 | — | — | — |
| Income before tax | — | — | 216 | 217 | 250 | 266 | 255 | 374 | 277 | 254 | 271 | 241 | 311 | 202 | 182 | −1,792 | 167 | 297 |
| Income tax | 44 | 68 | 76 | 77 | 86 | 96 | 93 | 124 | 109 | 51 | 52 | 41 | 63 | 39 | 35 | −471 | 41 | 70 |
| Net income | 83 | 114 | 138 | 139 | 162 | 168 | 160 | 248 | 165 | 202 | 218 | 200 | 248 | 243 | 201 | −1,424 | 126 | 226 |
| Diluted EPS | $0.91 | $1.21 | $1.44 | $1.42 | $1.62 | $1.63 | $1.50 | $2.29 | $1.52 | $1.85 | $1.99 | $1.81 | $2.25 | $2.20 | $1.81 | −$11.23 | $0.71 | $1.30 |
| Diluted shares (average) | 92m | 94m | 96m | 97m | 100m | 103m | 107m | 108m | 109m | 109m | 109m | 109m | 110m | 110m | 110m | 127m | 173m | 173m |
| EBITDA | 344 | 415 | 457 | 443 | 485 | 516 | 518 | 561 | 568 | 589 | 626 | 602 | 665 | 550 | 557 | −1,413 | 534 | 674 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 833 | 799 | 744 | 746 | 791 | 806 | 746 | 940 |
| Operating income | −150 | 54 | 62 | 54 | 52 | 67 | 53 | 204 |
| Interest expense | 32 | 31 | 34 | 27 | 26 | 30 | 31 | 48 |
| Provision for credit losses | 0 | — | — | — | — | — | — | — |
| Income before tax | −173 | 38 | 34 | 40 | 40 | 53 | 39 | 165 |
| Income tax | −50 | 8 | 6 | 13 | 9 | 12 | 8 | 41 |
| Net income | −104 | −68 | 27 | 26 | 31 | 41 | 30 | 123 |
| Diluted EPS | −$0.91 | −$0.40 | $0.15 | $0.15 | $0.18 | $0.23 | $0.18 | $0.71 |
| EBITDA | −76 | 127 | 139 | 130 | 126 | 139 | 129 | 280 |
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