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Hawaiian Electric (HAWEL) Rent Expense (2016 - 2024)

Hawaiian Electric (HAWEL) has disclosed Rent Expense for 8 consecutive years, with $5.5 million as the latest value for Q4 2024.

  • On a quarterly basis, Rent Expense rose 0.87% to $5.5 million in Q4 2024 year-over-year; TTM through Dec 2024 was $21.4 million, a 1.48% decrease, with the full-year FY2024 number at $21.4 million, down 1.48% from a year prior.
  • Rent Expense was $5.5 million for Q4 2024 at Hawaiian Electric, down from $5.6 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $7.0 million in Q4 2022 to a low of $5.0 million in Q1 2021.
  • A 5-year average of $5.5 million and a median of $5.4 million in 2020 define the central range for Rent Expense.
  • Peak YoY movement for Rent Expense: skyrocketed 31.21% in 2022, then fell 22.87% in 2023.
  • Hawaiian Electric's Rent Expense stood at $5.2 million in 2020, then rose by 3.62% to $5.4 million in 2021, then surged by 31.21% to $7.0 million in 2022, then decreased by 22.87% to $5.4 million in 2023, then rose by 0.87% to $5.5 million in 2024.
  • Per Business Quant, the three most recent readings for HAWEL's Rent Expense are $5.5 million (Q4 2024), $5.6 million (Q3 2024), and $5.2 million (Q2 2024).