Hawaiian Electric Industries (HE) EBT Margin (2009 - 2026)
Hawaiian Electric Industries (HE) recorded EBT Margin of 17.52% in Q2 2026, up 12.17 percentage points from 5.36% a year earlier and up 12.35 percentage points from the prior quarter.
Hawaiian Electric Industries (HE) EBT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Hawaiian Electric Industries' EBT Margin came in at 9.04% as of Jun 30, 2026, up 11.03 percentage points year-over-year; for FY2025, it came in at 5.41%, up 61.74 percentage points from FY2024.
- Annual EBT Margin has a five-year change of -5.20 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at -56.33% in FY2024 (-61.95 pp), 5.61% in FY2023 (-0.22 pp), 5.83% in FY2022 (-6.50 pp) and 12.33% in FY2021 (+1.73 pp).
- The Q2 2026 figure is the highest quarterly EBT Margin since Q3 2016.
- On a year-over-year basis, EBT Margin has increased for seven consecutive quarters, with an average year-over-year change of +29.66 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 217.22 percentage points in Q2 2025, against a drop of 220.54 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.17% (Q1 2026), 6.64% (Q4 2025) and 5.05% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | 17.24% |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | 33.69% |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 19.71% |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | 20.67% |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | 14.14% |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | 16.52% |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | 16.92% |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 17.58% |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 17.52% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.52% |
| Mar 31, 2026 | 5.17% |
| Dec 31, 2025 | 6.64% |
| Sep 30, 2025 | 5.05% |
| Jun 30, 2025 | 5.36% |
| Mar 31, 2025 | 4.51% |
| Dec 31, 2024 | 4.97% |
| Sep 30, 2024 | -20.72% |
| Jun 30, 2024 | -211.86% |
| Mar 31, 2024 | 3.59% |
| Dec 31, 2023 | -0.80% |
| Sep 30, 2023 | 6.13% |
| Jun 30, 2023 | 8.68% |
| Mar 31, 2023 | 8.43% |
| Dec 31, 2022 | -3.37% |
| Sep 30, 2022 | 8.07% |
| Jun 30, 2022 | 7.92% |
| Mar 31, 2022 | 12.48% |
| Dec 31, 2021 | 10.16% |
| Sep 30, 2021 | 11.32% |
Hawaiian Electric Industries EBT 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=ebt-margin&ticker=HE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();