SuperworthHawaiian Electric Industries profit margin HE
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 6.8%
- Operating margin, 12 months
- 11.5%
- Net margin on a year earlier
- +10.7 pts
- Peer median
- 10.1%
Over the twelve months to Jun 30, 2026, Hawaiian Electric Industries kept 6.8% of its revenue as net profit, with an operating margin of 11.5%.
Five years earlier its net margin was 9.4%.
The median for 10 electric utilities of a similar size is 10.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 4.0% | 7.6% |
| FY2024 | −44.3% | −53.0% |
| FY2023 | 6.1% | 8.4% |
| FY2022 | 6.5% | 10.2% |
| FY2021 | 8.7% | 13.5% |
| FY2020 | 7.7% | 12.1% |
| FY2019 | 7.6% | 12.1% |
| FY2018 | 7.1% | 11.7% |
| FY2017 | 6.5% | 13.5% |
| FY2016 | 10.5% | 14.6% |
| FY2015 | 6.2% | 12.4% |
| FY2014 | 5.2% | 10.3% |
| FY2013 | 5.0% | 9.7% |
| FY2012 | 4.2% | 8.4% |
| FY2011 | 4.3% | 8.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 6.8% | +10.7 pts | 11.5% | |
| Q1 FY26 | 4.1% | +49.6 pts | 7.3% | |
| Q4 FY25 | 4.0% | +48.3 pts | 7.6% | |
| Q3 FY25 | 0.5% | +40.5 pts | 7.2% | |
| Q2 FY25 | −3.8% | +32.1 pts | 0.6% | |
| Q1 FY25 | −45.4% | −51.2 pts | −53.4% | |
| Q4 FY24 | −44.3% | −50.3 pts | −53.0% | |
| Q3 FY24 | −40.0% | −46.0 pts | −51.5% | |
| Q2 FY24 | −35.9% | −42.1 pts | −45.5% | |
| Q1 FY24 | 5.8% | −0.3 pts | 7.9% | |
| Q4 FY23 | 6.1% | −0.4 pts | 8.4% | |
| Q3 FY23 | 6.0% | −0.8 pts | 8.5% |
Against its peers
Companies in Regulated Electric nearest Hawaiian Electric Industries' size, closest first, today.
| Company | Profit margin |
|---|---|
| HEHawaiian Electric Industries | 6.8% |
| UTLUnitil | 9.5% |
| XIFRXPLR Infrastructure | 5.2% |
| AVAAvista | 11.8% |
| OTTROtter Tail | 14.8% |
| NWENorthWestern Energy | 10.1% |
| GNEGenie Energy | 4.9% |
| PORPortland General Electric | n/m |
| ORAOrmat Technologies | 10.7% |
| TXNMTXNM Energy | 8.8% |
| BKHBlack Hills | 13.0% |
| Peer median | 10.1% |
Where Hawaiian Electric Industries ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Hawaiian Electric Industries
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.