Hawaiian Electric Industries (HE) Operating Margin (2009 - 2026)
Hawaiian Electric Industries' Operating Margin came in at 21.73% for Q2 2026, up 14.53 percentage points from 7.20% a year earlier and up 14.58 percentage points from the prior quarter.
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Analysis
Hawaiian Electric Industries (HE) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hawaiian Electric Industries reported Operating Margin of 11.48%, up 66.45 percentage points year-over-year; for FY2025, it was 7.62%.
- The Q2 2026 figure represents the highest quarterly Operating Margin in data going back to Q2 2009.
- Year-over-year, Operating Margin increased in four of the last six quarters, with an average year-over-year change of +38.35 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2025 (a gain of 216.10 percentage points), and the weakest in Q2 2024 (a drop of 217.42 percentage points).
- Business Quant data shows HE's Operating Margin at 7.15% (Q1 2026), 8.33% (Q4 2025) and 6.58% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | 30.20% |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | 29.71% |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 25.46% |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | 29.69% |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | 22.90% |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | 7.34% |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | 23.72% |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 24.13% |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 21.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.73% |
| Mar 31, 2026 | 7.15% |
| Dec 31, 2025 | 8.33% |
| Sep 30, 2025 | 6.58% |
| Jun 30, 2025 | 7.20% |
| Mar 31, 2025 | 8.39% |
| Sep 30, 2024 | -17.97% |
| Jun 30, 2024 | -208.90% |
| Mar 31, 2024 | 6.43% |
| Sep 30, 2023 | 7.81% |
| Jun 30, 2023 | 8.53% |
| Mar 31, 2023 | 8.39% |
| Sep 30, 2020 | 18.09% |
| Jun 30, 2020 | 13.43% |
| Mar 31, 2020 | 9.65% |
| Sep 30, 2019 | 12.54% |
| Jun 30, 2019 | 10.15% |
| Mar 31, 2019 | 11.78% |
| Sep 30, 2018 | 12.77% |
| Jun 30, 2018 | 11.50% |
API Access
Hawaiian Electric Industries Operating 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=operating-margin&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();