Stocktoria
HAWAIIAN ELECTRIC INDUSTRIES INC HE
HAWAIIAN ELECTRIC INDUSTRIES INC (HE) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 3.16% (safety: no dividend). FY2025 revenue was $3.1B at a 4.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-25 | Barclays | Equal-Weight (main) |
| 2026-03-02 | Barclays | Equal-Weight (main) |
| 2026-01-26 | Barclays | Equal-Weight (main) |
| 2026-01-20 | Jefferies | Underperform (down) |
| 2026-01-15 | Barclays | Equal-Weight (main) |
| 2025-12-03 | Jefferies | Hold (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.051 |
| Retained earnings / assets | -0.075 |
| EBIT / assets | 0.026 |
| Equity / liabilities | 0.219 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| HE | HAWAIIAN ELECTRIC INDUSTRIES INC | 5/9 | 0.5 | 18.6 | -4.1% |
| OGE | OGE ENERGY CORP. | 6/9 | 1.64 | 21.7 | +9.2% |
| POR | PORTLAND GENERAL ELECTRIC CO /OR/ | 3/9 | 1.23 | — | +2.8% |
| AQN | ALGONQUIN POWER & UTILITIES CORP. | 6/9 | 0.14 | 36.1 | +4.9% |
| BKH | BLACK HILLS CORP /SD/ | 5/9 | 1.48 | 19.9 | +8.6% |
| TXNM | TXNM ENERGY INC | 3/9 | 0.65 | — | +9.9% |
| IDA | IDACORP INC | 5/9 | 1.49 | 26.2 | -1.2% |
All Transportation & Utilities companies →
About HAWAIIAN ELECTRIC INDUSTRIES INC
Hawaiian Electric Industries, Inc. together with its subsidiaries, engages in the electric utility business. The company engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai; and renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. It also invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. In addition, the company serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
FAQ
Is HE financially healthy?
HAWAIIAN ELECTRIC INDUSTRIES INC's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does HE pay a dividend, and is it safe?
Yes. HAWAIIAN ELECTRIC INDUSTRIES INC pays a dividend yielding about 3.16% with a None payout ratio, rated “no dividend” for safety.
How profitable is HE?
In FY2025, HAWAIIAN ELECTRIC INDUSTRIES INC had a net margin of 4.1% and a return on equity of 7.9%.
Is HE overvalued or undervalued?
HAWAIIAN ELECTRIC INDUSTRIES INC trades at about 16.8× trailing earnings — below its 10-year norm (10-year range 7.2×–24.6×, median 19.9×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for HE?
The average Wall-Street price target for HAWAIIAN ELECTRIC INDUSTRIES INC is $13.42, about 12.5% above the recent price, from 3 analysts (consensus: underperform).
Is HE a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on HAWAIIAN ELECTRIC INDUSTRIES INC: a Piotroski F-score of 5/9, an Altman Z″ in the distress zone, a P/E of about 18.6×, a dividend yield of 3.16%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.