Hawaiian Electric Industries (HE) Asset Utilization Ratio (2010 - 2026)
Hawaiian Electric Industries' Asset Utilization Ratio was 0.38 in Q2 2026, up 5.1% from 0.36 a year earlier and up 9.5% from the prior quarter.
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Analysis
Hawaiian Electric Industries (HE) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Hawaiian Electric Industries came in at 0.35, down 9.7% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.38 in FY2024 (+41.2%), 0.27 in FY2023 (+25.6%), 0.22 in FY2022 (+32.0%) and 0.16 in FY2021 (+3.6%).
- The Q2 2026 figure marks the highest quarterly Asset Utilization Ratio in data going back to Q3 2010.
- Compared with a year earlier, Asset Utilization Ratio was higher in five of the last eight quarters, with growth averaging 31.3%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q2 2025 (growth of 91.5%); the worst was Q2 2024 (a decline of 12.8%).
- Per Business Quant data, HE's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.35 (Q1 2026), 0.35 (Q4 2025) and 0.35 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | 0.92 |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | 0.13 |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 0.19 |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | 0.17 |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | 0.19 |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | 0.15 |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | 0.12 |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 0.17 |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.21 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 0.15 |
API Access
Hawaiian Electric Industries Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();