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HE

Hawaiian Electric Industries·NYSE
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HE fundamentals

Hawaiian Electric Industries (HE) released its earnings on Feb 27, 2026: revenue was 805.82M (YoY +0.83%), beat estimates; EPS was 0.24 (YoY +20.00%), beat estimates.
Revenue / YoY
805.82M
+0.83%
EPS / YoY
0.24
+20.00%
Report date
Feb 27, 2026
HE Earnings Call Summary for Q4,2025
  • Settlement Milestone: Maui wildfire tort settlement nearing final approval, with first payment expected H2 2026. Legal challenges remain but courts have consistently supported the settlement.
  • Financial Recovery: 2025 core net income of $149.3 million reflects improved financial health, driven by cost management and stable customer bills despite elevated CapEx.
  • Leadership Transition: Scott DeGhetto's tenure as CFO concludes in April, with Paul Ito returning to lead financial strategy during a critical investment cycle.
  • Capital Allocation: 2026-2028 CapEx of $550-850 million annually to be financed via low-cost options like securitization, with convertible debt as a potential settlement funding tool.
  • Regulatory Focus: PBR Phase 6 aims to enhance performance incentives and inflation adjustments, while wildfire legislation progress could provide long-term financial stability.
EPS
Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
0.310.450.590.460.590.580.580.50.630.480.570.520.50.50.560.480.450.440.460.20.230.20.190.24
Forecast
0.45430.36140.49240.35790.38370.48580.59210.41750.4450.5150.540.550.53250.530.53670.490.540.490.5250.39430.23210.1820.18320.2375
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-31.76%
+24.52%
+19.82%
+28.53%
+53.77%
+19.39%
-2.04%
+19.76%
+41.57%
-6.80%
+5.56%
-5.45%
-6.10%
-5.66%
+4.34%
-2.04%
-16.67%
-10.20%
-12.38%
-49.28%
-0.90%
+9.89%
+3.71%
+1.05%
Revenue
Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
--------------------677.19M608.95M641.43M652.22M642.95M680.26M756.90M770.27M785.07M895.61M1.04B1.02B928.24M895.68M901.87M961.35M897.16M897.36M938.38M799.18M744.07M746.39M790.61M805.82M
Forecast
--------------------686.36M639.66M785.04M981.90M589.68M686.33M781.97M681.34M735.96M672.33M745.51M1.16B755.82M845.37M858.36M418.16M943.44M911.33M917.15M1.16B--------
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-1.34%
-4.80%
-18.29%
-33.58%
+9.03%
-0.88%
-3.21%
+13.05%
+6.67%
+33.21%
+39.80%
-12.35%
+22.81%
+5.95%
+5.07%
+129.90%
-4.91%
-1.53%
+2.32%
-31.17%
0.00%
0.00%
0.00%
0.00%

Earnings Call