Hawaiian Electric Industries (HE) EBITDA Margin (2009 - 2026)
Hawaiian Electric Industries' EBITDA Margin came in at 29.75% for Q2 2026, up 12.35 percentage points from 17.40% a year earlier and up 12.49 percentage points from the prior quarter.
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Analysis
Hawaiian Electric Industries (HE) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hawaiian Electric Industries reported EBITDA Margin of 20.53%, up 9.67 percentage points year-over-year; for FY2025, it was 17.31%, up 60.41 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -10.51 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was -43.10% in FY2024 (-61.27 pp), 18.17% in FY2023 (+1.55 pp), 16.62% in FY2022 (-10.71 pp) and 27.32% in FY2021 (-0.49 pp).
- The Q2 2026 figure represents the highest quarterly EBITDA Margin since Q4 2021.
- Year-over-year, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of +29.11 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q2 2025 (a gain of 217.09 percentage points), and the weakest in Q2 2024 (a drop of 217.98 percentage points).
- Business Quant data shows HE's EBITDA Margin at 17.26% (Q1 2026), 17.30% (Q4 2025) and 15.94% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | 21.47% |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | 53.03% |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 48.33% |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | 50.22% |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | 39.61% |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | 22.66% |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | 44.14% |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 43.18% |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 29.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.75% |
| Mar 31, 2026 | 17.26% |
| Dec 31, 2025 | 17.30% |
| Sep 30, 2025 | 15.94% |
| Jun 30, 2025 | 17.40% |
| Mar 31, 2025 | 18.68% |
| Dec 31, 2024 | 18.73% |
| Sep 30, 2024 | -9.17% |
| Jun 30, 2024 | -199.69% |
| Mar 31, 2024 | 15.72% |
| Dec 31, 2023 | 13.75% |
| Sep 30, 2023 | 17.63% |
| Jun 30, 2023 | 18.29% |
| Mar 31, 2023 | 17.60% |
| Dec 31, 2022 | 12.62% |
| Sep 30, 2022 | 15.79% |
| Jun 30, 2022 | 16.76% |
| Mar 31, 2022 | 22.95% |
| Dec 31, 2021 | 34.29% |
| Sep 30, 2021 | 21.35% |
API Access
Hawaiian Electric Industries EBITDA Margin 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=ebitda-margin&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();