Growth Metrics

Hawaiian Electric (HAWEL) Research & Development (2016 - 2024)

Hawaiian Electric (HAWEL) has disclosed Research & Development for 8 consecutive years, with $4.8 million as the latest value for Q4 2024.

  • On a quarterly basis, Research & Development fell 8.92% to $4.8 million in Q4 2024 year-over-year; TTM through Dec 2024 was $19.6 million, a 4.54% decrease, with the full-year FY2024 number at $19.6 million, down 4.54% from a year prior.
  • Research & Development was $4.8 million for Q4 2024 at Hawaiian Electric, down from $5.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $5.3 million in Q4 2023 to a low of $3.4 million in Q3 2020.
  • A 5-year average of $4.5 million and a median of $4.5 million in 2021 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: dropped 10.55% in 2020, then grew 27.09% in 2021.
  • Hawaiian Electric's Research & Development stood at $3.7 million in 2020, then grew by 20.31% to $4.5 million in 2021, then grew by 1.45% to $4.5 million in 2022, then rose by 16.93% to $5.3 million in 2023, then decreased by 8.92% to $4.8 million in 2024.
  • Per Business Quant, the three most recent readings for HAWEL's Research & Development are $4.8 million (Q4 2024), $5.0 million (Q3 2024), and $5.0 million (Q2 2024).