Hawaiian Electric Industries (HE) EV to CFO (2010 - 2026)
Hawaiian Electric Industries' (HE) EV to CFO stood at 5.24 in Q1 2026, up 66.6% from 3.14 a year earlier and up 26.4% from the prior quarter.
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Analysis
Hawaiian Electric Industries (HE) EV to CFO (2010 - 2026) Analysis & Trends
On a TTM basis, Hawaiian Electric Industries' EV to CFO came in at 2.25 as of Mar 31, 2026; for FY2025, it came in at 4.15, up 289.6% from FY2024.
- Across earlier years, EV to CFO came in at 1.06 in FY2024 (-56.6%), 2.45 in FY2023 (-75.6%), 10.06 in FY2022 (-11.4%) and 11.35 in FY2021 (+207.3%).
- The Q1 2026 figure is the highest quarterly EV to CFO since Q1 2023.
- On a year-over-year basis, EV to CFO has increased for five consecutive quarters, with growth averaging 85.5% over the last eight quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 349.1% in Q3 2025, against a decline of 91.0% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.15 (Q4 2025), 3.30 (Q3 2025) and 3.58 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
| 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 | - |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 5.24 |
| Dec 31, 2025 | 4.15 |
| Sep 30, 2025 | 3.30 |
| Jun 30, 2025 | 3.58 |
| Mar 31, 2025 | 3.14 |
| Dec 31, 2024 | 1.06 |
| Sep 30, 2024 | 0.74 |
| Jun 30, 2024 | 2.18 |
| Mar 31, 2024 | 2.05 |
| Dec 31, 2023 | 2.45 |
| Sep 30, 2023 | 1.01 |
| Jun 30, 2023 | 4.91 |
| Mar 31, 2023 | 7.17 |
| Dec 31, 2022 | 10.06 |
| Sep 30, 2022 | 11.26 |
| Jun 30, 2022 | 13.08 |
| Mar 31, 2022 | 10.15 |
| Dec 31, 2021 | 11.35 |
| Sep 30, 2021 | 11.11 |
| Jun 30, 2021 | 12.61 |
API Access
Hawaiian Electric Industries EV to CFO 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=ev-to-cfo&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();