Hawaiian Electric Industries (HE) revenue breakdown
By segment, Electric utility is the largest at 99% of fiscal 2025 revenue, growing 4% a year over 9 years.
By product, Electric energy sales - large light and power is the largest at 35% of fiscal 2025 revenue; Electric energy sales - residential grew fastest, 3% a year over 7 years.
Revenue by segment
Fiscal years, as Hawaiian Electric Industries reports them in its 10-K filings; fiscal 2025 total $3.1B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Electric utility | $2.1B | $2.3B | $2.5B | $2.5B | $2.3B | $2.5B | $3.4B | $3.3B | $3.2B | $3.1B | 99% |
| Other | $362,000 | $419,000 | $49,000 | $89,000 | $944,000 | $4M | $12M | $18M | $13M | $16M | 1% |
| Bank | $286M | $298M | $314M | $328M | $314M | $306M | $321M | — | — | — | — |
Revenue by product
Fiscal years, as Hawaiian Electric Industries reports them in its 10-K filings; fiscal 2025 total $3.1B.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Electric energy sales - large light and power | $895M | $905M | $751M | $838M | $1.2B | $1.1B | $1.1B | $1.1B | 35% |
| Electric energy sales - residential | $802M | $808M | $767M | $831M | $1.1B | $1.0B | $1.0B | $992M | 32% |
| Electric energy sales - commercial | $854M | $846M | $704M | $791M | $1.1B | $1.0B | $1.0B | $972M | 32% |
| Electric energy sales - other | $17M | $16M | $8M | $11M | $17M | $19M | $19M | $18M | 1% |
| Other sales | — | — | $921,000 | $4M | $12M | $18M | $12M | $14M | 0% |
| Bank fees | $47M | $47M | $39M | $47M | $49M | — | — | — | — |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for HE.
Open HE in InvestinglyQuestions
Where does Hawaiian Electric Industries make its money?
In fiscal 2025, by segment: Electric utility $3.1B, Other $16M.
From Hawaiian Electric Industries's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.