Hawaiian Electric Industries (HE) Debt Ratio (2009 - 2026)
Hawaiian Electric Industries' Debt Ratio came in at 0.24 for Q2 2026, up 13.3% from 0.22 a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Hawaiian Electric Industries (HE) Debt Ratio (2009 - 2026) Analysis & Trends
Going back to Q4 2009, Hawaiian Electric Industries' Debt Ratio data covers 65 quarters.
- Going back by year, Debt Ratio was 0.23 in FY2024 (-11.3%), 0.25 in FY2023 (+135.4%), 0.11 in FY2022 and 0.01 in FY2021 (-38.4%).
- The five-year range for quarterly Debt Ratio is 0.00 (Q2 2023) to 0.26 (Q1 2025).
- Year-over-year, Debt Ratio increased in five of the last eight quarters, with growth averaging 45.1%.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2023 (growth of 352.6%), and the weakest in Q2 2022 (a decline of 93.2%).
- Business Quant data shows HE's Debt Ratio at 0.24 (Q1 2026), 0.24 (Q4 2025) and 0.25 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | 0.47 |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 0.47 |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | 0.46 |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | -0.04 |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | 0.43 |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | 0.44 |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | 0.32 |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 0.44 |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 0.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.22 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.23 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.01 |
| Sep 30, 2021 | 0.11 |
API Access
Hawaiian Electric Industries Debt 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=debt-ratio&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();