Hawaiian Electric Industries (HE) Free Cash Flow (2009 - 2026)
Hawaiian Electric Industries' Free Cash Flow was -$549.96 million in Q2 2026, compared with $59.8 million a year earlier.
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Analysis
Hawaiian Electric Industries (HE) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hawaiian Electric Industries' Free Cash Flow was -$565.51 million through Jun 30, 2026; for FY2025, it was $49.87 million, down 65.2% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 1.8% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $143.23 million in FY2024 (+31.7%), $108.74 million in FY2023 (-5.6%), $115.14 million in FY2022 (+88.3%) and $61.15 million in FY2021 (+34.4%).
- The Q2 2026 figure marks the lowest quarterly Free Cash Flow in data going back to Q3 2009.
- The best year-over-year quarter for Free Cash Flow over five years was Q4 2022 (growth of 949.1%); the worst was Q3 2025 (a decline of 92.1%).
- Per Business Quant data, HE's Free Cash Flow in the three quarters before Q2 2026 was -$42.5 million (Q1 2026), $20.65 million (Q4 2025) and $6.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 4.66 Bn |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | -641.00 Mn |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | -2.58 Bn |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | -874.00 Mn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | -1.20 Bn |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | -918.00 Mn |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | -885.74 Mn |
| 10 | Hawaiian Electric Industries | 1.54 Bn | -204.31 Mn | - | -549.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -549.96 Mn |
| Mar 31, 2026 | -42.50 Mn |
| Dec 31, 2025 | 20.65 Mn |
| Sep 30, 2025 | 6.30 Mn |
| Jun 30, 2025 | 59.80 Mn |
| Mar 31, 2025 | -36.87 Mn |
| Dec 31, 2024 | 49.24 Mn |
| Sep 30, 2024 | 79.47 Mn |
| Jun 30, 2024 | -12.37 Mn |
| Mar 31, 2024 | 26.89 Mn |
| Dec 31, 2023 | -24.03 Mn |
| Sep 30, 2023 | -2.97 Mn |
| Jun 30, 2023 | 79.09 Mn |
| Mar 31, 2023 | 56.66 Mn |
| Dec 31, 2022 | 138.43 Mn |
| Sep 30, 2022 | 49.82 Mn |
| Jun 30, 2022 | -86.53 Mn |
| Mar 31, 2022 | 13.42 Mn |
| Dec 31, 2021 | 13.20 Mn |
| Sep 30, 2021 | 78.78 Mn |
API Access
Hawaiian Electric Industries Free Cash Flow 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=free-cash-flow&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();