Hawaiian Electric Industries (HE) Construction in Progress (2009 - 2026)
Hawaiian Electric Industries' Construction in Progress came in at $537.7 million for Q2 2026, up 35.7% from $396.34 million a year earlier and up 23.8% from the prior quarter.
Hawaiian Electric Industries (HE) Construction in Progress (2009 - 2026) Analysis & Trends
At the end of FY2025, Hawaiian Electric Industries' Construction in Progress was $382.15 million, up 4.3% from FY2024.
- Construction in Progress has increased in each of the last five years, with a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- Going back by year, Construction in Progress was $366.41 million in FY2024 (+14.4%), $320.23 million in FY2023 (+9.3%), $293.05 million in FY2022 (+26.6%) and $231.5 million in FY2021 (+8.0%).
- The Q2 2026 figure represents the highest quarterly Construction in Progress since Q1 2018.
- Year-over-year, Construction in Progress has increased for seven consecutive quarters, with growth averaging 14.6% over the last eight quarters.
- The fastest year-over-year change in Construction in Progress over five years came in Q2 2023 (growth of 49.1%), and the weakest in Q3 2024 (a decline of 3.0%).
- Business Quant data shows HE's Construction in Progress at $434.43 million (Q1 2026), $382.15 million (Q4 2025) and $409.74 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | - |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 11.87 Bn |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | - |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | 9.70 Bn |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | - |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | - |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 9.02 Bn |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 537.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 537.70 Mn |
| Mar 31, 2026 | 434.43 Mn |
| Dec 31, 2025 | 382.15 Mn |
| Sep 30, 2025 | 409.74 Mn |
| Jun 30, 2025 | 396.34 Mn |
| Mar 31, 2025 | 376.21 Mn |
| Dec 31, 2024 | 366.41 Mn |
| Sep 30, 2024 | 346.67 Mn |
| Jun 30, 2024 | 336.20 Mn |
| Mar 31, 2024 | 330.74 Mn |
| Dec 31, 2023 | 320.23 Mn |
| Sep 30, 2023 | 357.29 Mn |
| Jun 30, 2023 | 338.05 Mn |
| Mar 31, 2023 | 315.86 Mn |
| Dec 31, 2022 | 293.05 Mn |
| Sep 30, 2022 | 257.58 Mn |
| Jun 30, 2022 | 226.68 Mn |
| Mar 31, 2022 | 212.75 Mn |
| Dec 31, 2021 | 231.50 Mn |
| Sep 30, 2021 | 221.52 Mn |
Hawaiian Electric Industries Construction in Progress 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=construction-in-progress&ticker=HE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "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=construction-in-progress&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();