Hawaiian Electric Industries (HE) Interest Coverage Ratio (2010 - 2026)
Hawaiian Electric Industries' Interest Coverage Ratio was 4.22 in Q2 2026, up 114.0% from 1.97 a year earlier and up 146.1% from the prior quarter.
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Analysis
Hawaiian Electric Industries (HE) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hawaiian Electric Industries' Interest Coverage Ratio was 2.78 through Jun 30, 2026, up 881.2% year-over-year; for FY2025, it was 2.01.
- In earlier years, Interest Coverage Ratio was -13.08 in FY2024, 2.45 in FY2023 (-17.0%), 2.95 in FY2022 (-28.4%) and 4.13 in FY2021 (+21.0%).
- The Q2 2026 figure marks the highest quarterly Interest Coverage Ratio since Q1 2023.
- Compared with a year earlier, Interest Coverage Ratio was higher in four of the last five quarters, with growth averaging 53.5%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2024 (growth of 144.2%); the worst was Q1 2023 (a decline of 94.8%).
- Per Business Quant data, HE's Interest Coverage Ratio in the three quarters before Q2 2026 was 1.71 (Q1 2026), 2.26 (Q4 2025) and 1.99 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | 5.19 |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | 2,238.00 |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 2.23 |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | 2.82 |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | 2.13 |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | 0.59 |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | 1.65 |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 1.96 |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 4.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.22 |
| Mar 31, 2026 | 1.71 |
| Dec 31, 2025 | 2.26 |
| Sep 30, 2025 | 1.99 |
| Jun 30, 2025 | 1.97 |
| Mar 31, 2025 | 1.82 |
| Dec 31, 2024 | 2.21 |
| Sep 30, 2024 | -4.67 |
| Jun 30, 2024 | -51.28 |
| Mar 31, 2024 | 1.61 |
| Dec 31, 2023 | 0.91 |
| Sep 30, 2023 | 2.71 |
| Jun 30, 2023 | 3.68 |
| Mar 31, 2023 | 4.81 |
| Dec 31, 2022 | 0.68 |
| Sep 30, 2022 | 29.96 |
| Jun 30, 2022 | 63.47 |
| Mar 31, 2022 | 92.89 |
| Dec 31, 2021 | 1.73 |
| Sep 30, 2021 | 67.17 |
API Access
Hawaiian Electric Industries Interest Coverage Ratio 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=interest-coverage-ratio&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();