Hawaiian Electric Industries (HE) Return on Capital Employed [ROCE] (2010 - 2026)
Hawaiian Electric Industries' Return on Capital Employed [ROCE] came in at 5.10% for Q2 2026, up 4.60 percentage points from 0.50% a year earlier and up 2.10 percentage points from the prior quarter.
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Analysis
Hawaiian Electric Industries (HE) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Hawaiian Electric Industries' Return on Capital Employed [ROCE] was 3.14%, up 26.98 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +0.67 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -23.85% in FY2024 (-26.58 pp), 2.74% in FY2023 (+0.73 pp), 2.01% in FY2022 (-0.76 pp) and 2.77% in FY2021 (+0.30 pp).
- The Q2 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] in data going back to Q4 2010.
- Year-over-year, Return on Capital Employed [ROCE] has increased for five consecutive quarters, with an average year-over-year change of +2.33 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q1 2026 (a gain of 26.04 percentage points), and the weakest in Q1 2025 (a drop of 25.16 percentage points).
- Business Quant data shows HE's Return on Capital Employed [ROCE] at 3.00% (Q1 2026), 3.16% (Q4 2025) and 3.32% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 298.11 Bn | 298.11 Bn | 890.00 Mn | 34.35% |
| 2 | Nextera Energy | 159.16 Bn | 160.06 Bn | - | 4.32% |
| 3 | Southern | 96.40 Bn | 87.46 Bn | 5.92 Bn | 5.08% |
| 4 | Duke Energy | 88.56 Bn | 87.16 Bn | 6.74 Bn | 5.10% |
| 5 | National Grid | 79.03 Bn | 60.56 Bn | - | - |
| 6 | American Electric Power | 65.18 Bn | 63.56 Bn | 3.84 Bn | 4.97% |
| 7 | Dominion Energy | 53.70 Bn | 56.38 Bn | - | 3.53% |
| 8 | Sempra | 51.10 Bn | 50.23 Bn | 2.89 Bn | 4.60% |
| 9 | Entergy | 47.05 Bn | 36.24 Bn | - | 4.51% |
| 10 | Hawaiian Electric Industries | 1.52 Bn | -218.13 Mn | - | 5.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.10% |
| Mar 31, 2026 | 3.00% |
| Dec 31, 2025 | 3.16% |
| Sep 30, 2025 | 3.32% |
| Jun 30, 2025 | 0.50% |
| Mar 31, 2025 | -23.05% |
| Dec 31, 2024 | -14.09% |
| Sep 30, 2024 | -10.47% |
| Jun 30, 2024 | -10.16% |
| Mar 31, 2024 | 2.11% |
| Dec 31, 2023 | 2.27% |
| Sep 30, 2023 | 1.68% |
| Jun 30, 2023 | 1.83% |
| Mar 31, 2023 | 1.83% |
| Dec 31, 2022 | 1.98% |
| Sep 30, 2022 | 2.62% |
| Jun 30, 2022 | 2.62% |
| Mar 31, 2022 | 2.73% |
| Dec 31, 2021 | 2.70% |
| Sep 30, 2021 | 2.62% |
API Access
Hawaiian Electric Industries Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=HE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=HE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();