HAWAIIAN ELECTRIC INDUSTRIES INC(HE)Stock Analysis
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Rank #2,011 of 2,961 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
HE Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for HAWAIIAN ELECTRIC INDUSTRIES INC (HE), a Utilities sector company. 13F Pro's AI-powered ranking engine scores HE at 42.5/100 on a 32-signal composite quality model, placing it at rank #2,011 of 2,961 stocks — the bottom half of the AI-ranked universe. Areas of concern include earnings quality (2.2) and free cash flow (13.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), HAWAIIAN ELECTRIC INDUSTRIES INC reports quarterly revenue of $939.7M, net income of $123.2M, free cash flow of $-550.0M. Top institutional holders of HE by reported 13-F value include BlackRock, HORIZON KINETICS ASSET MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. HE trades on the NYSE exchange and files with the SEC under CIK 354707. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HAWAIIAN ELECTRIC INDUSTRIES INC directly from SEC EDGAR. HAWAIIAN ELECTRIC INDUSTRIES INC's 13F Pro composite quality score has ranged between 32 and 58 since 2021, currently 42.5 — a declining long-term trajectory across 68 quarterly and live scoring snapshots.
Revenue
Q2 2026
$939.7M
Net Income
Q2 2026
$123.2M
Free Cash Flow
Q2 2026
$-550.0M
ROIC
Q2 2026
20.3%
D/E Ratio
Q2 2026
1.29
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
-4.1% YoYNet Income
+108.9% YoYOperating Income
+113.8% YoYEPS (Diluted)
+106.3% YoYTotal Assets
-0.1% YoYTotal Debt
-15.4% YoYOp. Cash Flow
-19.8% YoYFree Cash Flow
-65.2% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.09B -4.1% | $3.22B -2.1% | $3.29B -3.9% | $3.42B +20.0% | $2.85B +10.5% | $2.58B |
| Net Income | $126.3M +108.9% | $-1.42B -808.1% | $201.1M -17.2% | $243.0M -2.0% | $248.1M +24.2% | $199.7M |
| Operating Income | $235.3M +113.8% | $-1.71B -720.7% | $275.0M -1.6% | $279.6M -27.6% | $386.1M +23.9% | $311.5M |
| EPS (Diluted) | $0.71 +106.3% | $-11.23 -720.4% | $1.81 -17.7% | $2.20 -2.2% | $2.25 +24.3% | $1.81 |
| Total Assets | $8.92B -0.1% | $8.93B -48.2% | $17.24B +5.9% | $16.28B +2.9% | $15.82B +5.5% | $15.00B |
| Total Debt | $2.41B -15.4% | $2.85B +0.2% | $2.84B +19.2% | $2.38B +2.7% | $2.32B +9.6% | $2.12B |
| Operating Cash Flow | $391.1M -19.8% | $487.5M -11.6% | $551.5M +21.3% | $454.5M +21.0% | $375.7M -12.5% | $429.4M |
| Free Cash Flow | $49.9M -65.2% | $143.2M +31.7% | $108.7M -5.6% | $115.1M +88.3% | $61.1M +34.4% | $45.5M |
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Available Research
13F Pro tracks comprehensive data for HAWAIIAN ELECTRIC INDUSTRIES INC including:
Top Institutional Holders of HE
BlackRock, Inc.
$358.3M26,483,206 shHORIZON KINETICS ASSET MANAGEMENT LLC
$303.0M22,395,397 shVANGUARD PORTFOLIO MANAGEMENT LLC
$140.4M10,373,982 shVANGUARD CAPITAL MANAGEMENT LLC
$101.2M7,479,058 shSTATE STREET CORP
$97.2M7,181,312 shT. Rowe Price Investment Management, Inc.
$83.9M6,198,556 shGEODE CAPITAL MANAGEMENT, LLC
$58.7M4,335,526 shQuantinno Capital Management LP
$53.8M3,979,937 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$41.8M3,086,280 shInvesco Ltd.
$36.0M2,662,995 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $358.3M | 26,483,206 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | $303.0M | 22,395,397 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $140.4M | 10,373,982 |
| VANGUARD CAPITAL MANAGEMENT LLC | $101.2M | 7,479,058 |
| STATE STREET CORP | $97.2M | 7,181,312 |
| T. Rowe Price Investment Management, Inc. | $83.9M | 6,198,556 |
| GEODE CAPITAL MANAGEMENT, LLC | $58.7M | 4,335,526 |
| Quantinno Capital Management LP | $53.8M | 3,979,937 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $41.8M | 3,086,280 |
| Invesco Ltd. | $36.0M | 2,662,995 |
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Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.
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Popular Research
Is HE a good stock to buy?
13F Pro's AI-powered analysis of HAWAIIAN ELECTRIC INDUSTRIES INC (HE) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Utilities sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for HE are available on the HE stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. HE is classified as a small company.
Which hedge funds own HE?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling HE. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of HAWAIIAN ELECTRIC INDUSTRIES INC's investment landscape.