Hawaiian Electric Industries, I (HE): Valuation

TTM figures as of June 30, 2026

Hawaiian Electric Industries, I trades at 7.9 times trailing earnings and a -31.54% free-cash-flow yield. On P/E that is higher than 6% of its own month-end history back to 2010. The Utilities median P/E is 20.7.

Earnings yield 12.59%. ROIC 6.7%. Net debt $2.5B.

198 month-end valuation observations are on file, starting March 2010.

Sector comparison uses 413 Utilities names.

Frequently asked questions

Is HE cheap versus its own history?

Hawaiian Electric Industries, I trades at 7.9 times trailing earnings and a -31.54% free-cash-flow yield. On P/E that is higher than 6% of its own month-end history back to 2010. The Utilities median P/E is 20.7.

What is HE's free-cash-flow yield?

Hawaiian Electric Industries, I currently yields -31.54% of market cap as trailing free cash flow.

Where do these valuation figures come from?

Yields and quality metrics are computed from the same SEC TTM figures as the financials page, against the live market cap. Historical bands reconstruct month-end market cap from split-adjusted closes and the share count in the units it was filed, then divide by those dollar totals. Nothing here is a third-party estimate.

Source: SEC filings for the fundamentals; split-adjusted Yahoo closes and recorded stock splits for historical market cap.

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