Hawaiian Electric Industries, Inc. is a holding company with its principal subsidiaries engaged in electric utility and banking businesses operating primarily in the State of Hawaii. The company’s mission is to provide secure, clean energy for Hawaii. Hawaiian Electric Industries provides energy solutions to help customers save money and use energy more efficiently. Hawaii Electric Light Company also continues to pursue the use of more renewable energy alternatives to help ensure a sustainable future for its islands.
Type
Subsidiary
Parent Company
NextEra Energy
HQ
Hilo, US
Founded
1970
Website
hei.com
Hawaiian Electric Industries was founded in 1970 and is headquartered in Hilo, US
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Hawaiian Electric Industries Office Locations

Hawaiian Electric Industries has an office in Hilo
Hilo, US (HQ)
1200 Kilauea Ave
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Hawaiian Electric Industries Financials and Metrics

Summary Metrics

Founding Date

1970
Hawaiian Electric Industries is a subsidiary of NextEra Energy

Hawaiian Electric Industries Financials

Hawaiian Electric Industries's revenue was reported to be $2.56 b in FY, 2017
Annual
USDFY, 2016FY, 2017

Revenue

2.4 b2.6 b

Operating expense total

2.2 b

EBIT

348.2 m338.3 m

EBIT margin, %

15%13%
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Revenue

623.9 m717.2 m551 m566.2 m646.1 m591.6 m75.4 m

Cost of goods sold

3.5 m

Gross profit

72 m

Gross profit Margin, %

95%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

220 m175.5 m300.5 m278.5 m261.9 m

Accounts Receivable

Inventories

Current Assets

712.2 m615 m
Quarterly
USDQ2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Cash

188.4 m192.6 m300.7 m228.4 m334.7 m257.2 m284.4 m234.2 m244.8 m

Current Assets

545.8 m

PP&E

4.5 b

Goodwill

82.2 m82.2 m82.2 m82.2 m82.2 m82.2 m82.2 m82.2 m82.2 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

163.4 m170.2 m161.8 m250.1 m167.2 m

Inventories

Accounts Payable

Cash From Operating Activities

327.1 m301.5 m355.9 m495.3 m420.4 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

88.3 m136.6 m32.3 m67.8 m119 m32.8 m77.4 m205 m34.7 m40.7 m

Accounts Payable

160.8 m5.1 m

Cash From Operating Activities

46.2 m173.4 m76.7 m104.3 m221.3 m170.6 m225.5 m408.9 m34.7 m

Cash From Investing Activities

(272.1 m)(377 m)(87.8 m)(227.7 m)(503 m)(215.3 m)(385 m)(535.7 m)(231.1 m)
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Hawaiian Electric Industries News and Updates

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