HE · XBRL financial data

Hawaiian Electric Industries financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (HE's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	2,580	2,850	3,742	3,682	3,220	3,087
Operating income (loss)	311	386	381	353	(1,707)	235
Interest income	—	0	0	9	19	37
Interest expense	100	99	117	208	127	117
Income tax expense (benefit)	41	63	61	45	(471)	41
Net income (loss)	200	248	243	201	(1,424)	126
Earnings per share, basic USD per share	1.81	2.25	2.20	1.82	(11.23)	0.71
Earnings per share, diluted USD per share	1.81	2.25	2.20	1.81	(11.23)	0.71
Weighted average shares, basic millions of shares	109	109	109	110	127	173
Weighted average shares, diluted millions of shares	109	110	110	110	127	173

Fiscal years (HE's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	341	306	200	680	751	502
Accounts receivable	—	—	—	547	457	492
Total current assets	—	—	—	—	2,134	1,885
Property and equipment, net	5,266	5,392	5,687	6,150	6,134	6,188
Right-of-use asset	153	122	116	95	67	57
Goodwill	82	82	82	82	—	—
Total assets	15,004	15,823	16,284	17,244	8,931	8,923
Accounts payable	—	—	—	199	203	219
Current portion of long-term debt	—	—	—	16	109	125
Total current liabilities	—	—	—	—	1,325	1,428
Total deposits	7,387	8,172	8,170	8,146	—	—
Lease liability, non-current	—	—	—	70	57	43
Total liabilities	12,632	13,397	14,047	14,865	7,418	7,317
Retained earnings (accumulated deficit)	660	758	846	927	(789)	(666)
Total stockholders' equity	2,338	2,391	2,202	2,345	1,479	1,606
Total liabilities and equity	15,004	15,823	16,284	17,244	8,931	8,923
Common shares outstanding (cover page) millions of shares	109	109	109	110	172	173

Fiscal years (HE's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	200	248	243	201	(1,424)	126
Stock-based compensation	6	9	10	11	4	3
Depreciation and amortization	291	279	295	311	294	299
Net cash from operating activities	429	376	454	551	487	391
Purchases of property and equipment	384	315	344	448	344	341
Net cash from investing activities	(1,414)	(1,180)	(1,129)	(257)	258	(322)
Proceeds from issuing common stock	—	0	0	1	557	0
Dividends paid	144	149	153	113	0	0
Proceeds from long-term debt	416	286	227	625	5	510
Repayments of long-term debt	179	82	222	167	98	734
Net cash from financing activities	1,116	756	568	196	155	(331)
Net change in cash	131	(48)	(107)	490	901	(262)

SIC 4911 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4911 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Hawaiian Electric Industries	239	940	(411)*	172.7M	0.6 quarters	Q2 FY26 10-QJun 30, 2026
Clearway Energy	251	481	214*	205.3M	—	Q2 FY26 10-QJun 30, 2026
Otter Tail	278	335	112*	42.0M	—	Q2 FY26 10-QJun 30, 2026
Black Hills	72	453	195*	76.3M	—	Q2 FY26 10-QJun 30, 2026
Portland General Electric	69	971	323*	119.1M	—	Q3 FY26 10-QSep 30, 2026
XPLR Infrastructure	505	332	179*	94.3M	—	Q3 FY26 10-QSep 30, 2026
Nano Nuclear Energy	298	0.2	(9.4)*	53.7M	61.6 quarters	Q3 FY26 10-QJun 30, 2026
Ormat Technologies	514	not reported	51*	61.5M	—	Q2 FY26 10-QJun 30, 2026
TXNM Energy	29	731	not reported	110.1M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.