Hawaiian Electric Industries (HE) FCF Margin (2009 - 2026)
Hawaiian Electric Industries (HE) reported FCF Margin of -58.52% for Q2 2026, down 66.54 percentage points from 8.01% a year earlier and down 52.83 percentage points from the prior quarter.
Hawaiian Electric Industries (HE) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hawaiian Electric Industries' FCF Margin came in at -17.23%, down 22.15 percentage points year-over-year; for FY2025, it came in at 1.62%, down 2.89 percentage points from FY2024.
- FCF Margin has a five-year change of -0.39 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 4.50% in FY2024 (+1.16 pp), 3.35% in FY2023 (+0.02 pp), 3.32% in FY2022 (+0.90 pp) and 2.43% in FY2021 (+0.42 pp).
- The Q2 2026 figure ranks as the lowest quarterly FCF Margin in data going back to Q3 2009.
- Year over year, FCF Margin has now declined in each of the last four quarters, with an average year-over-year change of -7.42 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q2 2023 (a gain of 20.25 percentage points); the low point was Q2 2026 (a drop of 66.54 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -5.69% (Q1 2026), 2.56% (Q4 2025) and 0.80% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | 61.88% |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | -9.19% |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | -28.07% |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | -16.05% |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | -26.81% |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | -30.63% |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | -25.14% |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | -58.52% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -58.52% |
| Mar 31, 2026 | -5.69% |
| Dec 31, 2025 | 2.56% |
| Sep 30, 2025 | 0.80% |
| Jun 30, 2025 | 8.01% |
| Mar 31, 2025 | -4.96% |
| Dec 31, 2024 | 6.48% |
| Sep 30, 2024 | 9.54% |
| Jun 30, 2024 | -1.56% |
| Mar 31, 2024 | 3.40% |
| Dec 31, 2023 | -2.96% |
| Sep 30, 2023 | -0.37% |
| Jun 30, 2023 | 9.90% |
| Mar 31, 2023 | 6.79% |
| Dec 31, 2022 | 14.76% |
| Sep 30, 2022 | 5.03% |
| Jun 30, 2022 | -10.35% |
| Mar 31, 2022 | 1.92% |
| Dec 31, 2021 | 1.93% |
| Sep 30, 2021 | 11.41% |
Hawaiian Electric Industries FCF 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=fcf-margin&ticker=HE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();