Hawaiian Electric Industries annual free cash flow
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2025
Hawaiian Electric Industries Free Cash Flow (FCF) History (HE)
Hawaiian Electric Industries reported $49.9M in free cash flow for fiscal 2025, a decrease of 65.18% from the previous fiscal year, with a free cash flow margin of 1.62%.
View full Hawaiian Electric Industries company overviewHawaiian Electric Industries free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $49.9M | −$93.4M | −65.18% | +1.62% |
| 2024 | 2024-12-31 | $143.2M | $34.5M | +31.71% | +4.50% |
| 2023 | 2023-12-31 | $108.7M | −$6.4M | −5.56% | +3.35% |
| 2022 | 2022-12-31 | $115.1M | $54.0M | +88.30% | +3.32% |
| 2021 | 2021-12-31 | $61.1M | $15.6M | +34.36% | +2.43% |
| 2020 | 2020-12-31 | $45.5M | −$9.4M | −17.18% | +2.01% |
| 2019 | 2019-12-31 | $55.0M | $93.0M | — | +2.10% |
| 2018 | 2018-12-31 | −$38.1M | $36.7M | — | −1.46% |
| 2017 | 2017-12-31 | −$74.7M | −$240.4M | — | −2.92% |
| 2016 | 2016-12-31 | $165.6M | $172.6M | — | +6.96% |
| 2015 | 2015-12-31 | −$6.9M | $32.5M | — | −0.27% |
| 2014 | 2014-12-31 | −$39.4M | −$11.5M | — | −1.22% |
| 2013 | 2013-12-31 | −$27.9M | $63.9M | — | −0.86% |
| 2012 | 2012-12-31 | −$91.8M | −$107.0M | — | −2.72% |
| 2011 | 2011-12-31 | $15.3M | −$143.3M | −90.38% | +0.47% |
| 2010 | 2010-12-31 | $158.6M | $163.0M | — | +5.95% |
| 2009 | 2009-12-31 | −$4.4M | $17.8M | — | −0.19% |
| 2008 | 2008-12-31 | −$22.2M | — | — | −0.69% |
Hawaiian Electric Industries quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$550.0M | −$609.8M | — | −59.42% |
| Q1 2026 | 2026-03-31 | −$42.5M | −$5.6M | — | −5.88% |
| Q4 2025 | 2025-12-31 | $20.7M | −$28.6M | −58.06% | +2.61% |
| Q3 2025 | 2025-09-30 | $6.3M | −$73.2M | −92.08% | +0.79% |
| Q2 2025 | 2025-06-30 | $59.8M | $71.0M | — | +8.10% |
| Q1 2025 | 2025-03-31 | −$36.9M | −$62.6M | — | −4.93% |
| Q4 2024 | 2024-12-31 | $49.2M | $73.3M | — | +6.23% |
| Q3 2024 | 2024-09-30 | $79.5M | $82.4M | — | +9.43% |
| Q2 2024 | 2024-06-30 | −$11.2M | −$90.3M | — | −1.43% |
| Q1 2024 | 2024-03-31 | $25.7M | −$30.9M | −54.57% | +3.37% |
| Q4 2023 | 2023-12-31 | −$24.0M | −$162.5M | — | −2.96% |
| Q3 2023 | 2023-09-30 | −$3.0M | −$52.8M | — | −0.36% |
| Q2 2023 | 2023-06-30 | $79.1M | $165.6M | — | +10.00% |
| Q1 2023 | 2023-03-31 | $56.7M | $43.2M | +322.11% | +6.89% |
| Q4 2022 | 2022-12-31 | $138.4M | $125.2M | +949.06% | +14.76% |
| Q3 2022 | 2022-09-30 | $49.8M | −$29.0M | −36.77% | +5.03% |
| Q2 2022 | 2022-06-30 | −$86.5M | −$88.1M | — | −10.35% |
| Q1 2022 | 2022-03-31 | $13.4M | $45.8M | — | +1.92% |
| Q4 2021 | 2021-12-31 | $13.2M | −$16.2M | −55.14% | +1.93% |
| Q3 2021 | 2021-09-30 | $78.8M | $62.3M | +376.62% | +11.41% |
| Q2 2021 | 2021-06-30 | $1.5M | −$62.3M | −97.62% | +0.25% |
| Q1 2021 | 2021-03-31 | −$32.3M | $31.9M | — | −5.98% |
| Q4 2020 | 2020-12-31 | $29.4M | −$16.4M | −35.77% | +6.79% |
| Q3 2020 | 2020-09-30 | $16.5M | −$88.5M | −84.26% | +3.00% |
| Q2 2020 | 2020-06-30 | $63.8M | $116.4M | — | +10.48% |
| Q1 2020 | 2020-03-31 | −$64.3M | −$21.0M | — | −9.49% |
| Q4 2019 | 2019-12-31 | $45.8M | −$39.1M | −46.05% | +9.67% |
| Q3 2019 | 2019-09-30 | $105.0M | $89.9M | +595.11% | +13.61% |
| Q2 2019 | 2019-06-30 | −$52.6M | −$8.9M | — | −7.35% |
| Q1 2019 | 2019-03-31 | −$43.3M | $51.1M | — | −6.54% |
| Q4 2018 | 2018-12-31 | $84.9M | $136.4M | — | +16.46% |
| Q3 2018 | 2018-09-30 | $15.1M | $2.1M | +16.57% | +1.97% |
| Q2 2018 | 2018-06-30 | −$43.7M | −$51.7M | — | −6.38% |
| Q1 2018 | 2018-03-31 | −$94.3M | −$50.1M | — | −14.61% |
| Q4 2017 | 2017-12-31 | −$51.5M | −$67.4M | — | −7.82% |
| Q3 2017 | 2017-09-30 | $13.0M | −$114.9M | −89.86% | +1.93% |
| Q2 2017 | 2017-06-30 | $8.0M | $29.4M | — | +1.27% |
| Q1 2017 | 2017-03-31 | −$44.3M | −$87.4M | — | −7.48% |
| Q4 2016 | 2016-12-31 | $15.9M | −$32.1M | −66.86% | +2.58% |
| Q3 2016 | 2016-09-30 | $127.9M | $144.4M | — | +19.79% |
| Q2 2016 | 2016-06-30 | −$21.3M | $32.2M | — | −3.77% |
| Q1 2016 | 2016-03-31 | $43.2M | $28.1M | +186.11% | +7.83% |
| Q4 2015 | 2015-12-31 | $48.0M | $24.1M | +100.79% | +7.69% |
| Q3 2015 | 2015-09-30 | −$16.5M | −$56.7M | — | −2.30% |
| Q2 2015 | 2015-06-30 | −$53.5M | $3.3M | — | −8.58% |
| Q1 2015 | 2015-03-31 | $15.1M | $61.8M | — | +2.36% |
| Q4 2014 | 2014-12-31 | $23.9M | $51.1M | — | +3.03% |
| Q3 2014 | 2014-09-30 | $40.3M | $12.9M | +47.06% | +4.64% |
| Q2 2014 | 2014-06-30 | −$56.8M | −$51.5M | — | −7.11% |
| Q1 2014 | 2014-03-31 | −$46.8M | −$24.0M | — | −5.97% |
| Q4 2013 | 2013-12-31 | −$27.2M | −$39.8M | — | −3.27% |
| Q3 2013 | 2013-09-30 | $27.4M | −$17.1M | −38.46% | +3.30% |
| Q2 2013 | 2013-06-30 | −$5.3M | $62.5M | — | −0.67% |
| Q1 2013 | 2013-03-31 | −$22.7M | $58.3M | — | −2.90% |
| Q4 2012 | 2012-12-31 | $12.6M | −$49.7M | −79.80% | +1.50% |
| Q3 2012 | 2012-09-30 | $44.5M | $57.6M | — | +5.13% |
| Q2 2012 | 2012-06-30 | −$67.8M | −$85.6M | — | −7.94% |
| Q1 2012 | 2012-03-31 | −$81.0M | −$29.3M | — | −9.94% |
| Q4 2011 | 2011-12-31 | $62.3M | −$31.6M | −33.69% | +7.32% |
| Q3 2011 | 2011-09-30 | −$13.1M | −$76.2M | — | −1.48% |
| Q2 2011 | 2011-06-30 | $17.8M | −$8.7M | −32.83% | +2.24% |
| Q1 2011 | 2011-03-31 | −$51.7M | −$26.8M | — | −7.28% |
| Q4 2010 | 2010-12-31 | $93.9M | $111.6M | — | +13.50% |
| Q3 2010 | 2010-09-30 | $63.1M | — | — | +9.09% |
| Q2 2010 | 2010-06-30 | $26.5M | — | — | +4.05% |
| Q1 2010 | 2010-03-31 | −$24.9M | — | — | −4.03% |
| Q3 2009 | 2009-09-30 | −$17.7M | — | — | −2.85% |
Hawaiian Electric Industries free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $45.5M to $49.9M, a compound annual growth rate of 1.85%. Hawaiian Electric Industries's latest reported quarter, Q2 2026, generated −$550.0M in free cash flow, a decrease of $609.8M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Hawaiian Electric Industries filings at SEC.gov ↗