HE Q4 2024 Earnings — Hawaiian Electric Industries, Inc. Revenue & Financial Results | Market Cap Arena

HEHawaiian Electric Industries, Inc.

$3B

Q4 2024 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$487M-13.3% YoY

Gross Profit

$62M12.8% margin

Operating Income

$62M12.8% margin

Net Income

-$68M-13.9% margin

EPS (Diluted)

$-0.56

QoQ Revenue Growth

-48.1%

Cash Flow

Operating Cash Flow

$137M

Free Cash Flow

$51M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$8.9B

Total Liabilities

$7.4B

Stockholders' Equity

$1.5B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$487M	$562M	-13.3%
Gross Profit	$62M	$84M	-25.4%
Operating Income	$62M	$13M	+365.8%
Net Income	-$68M	$49M	-238.9%

Revenue Segments

Electric Energy Sales, Large Light And Power

$277M35%

Electric Energy Sales, Residential

$254M32%

Electric Energy Sales, Commercial

$251M31%

Product and Service, Other

$12M2%

Electric Energy Sales, Other

$5M1%

Other Sales

$3M0%

Regulatory Revenue

-$3M-0%