HE (Hawaiian Electric Industries) FCF Margin %: -5.69% (As of Mar. 2026)


HE Hawaiian Electric Industries Inc HE
64 GF Score
Price $13.27
GF Value $8.02
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hawaiian Electric Industries FCF Margin %?

Hawaiian Electric Industries HE -0.38% 64 FCF Margin % is -5.69% as of Mar. 2026. GuruFocus rates HE with a GF Score™ of 64/100 and a GF Value™ of $8.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 499 Utilities - Regulated companies, Hawaiian Electric Industries ranks worse than 53.11% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Hawaiian Electric Industries's Free Cash Flow for the three months ended in Mar. 2026 was $-43 Mil. Hawaiian Electric Industries's Revenue for the three months ended in Mar. 2026 was $746 Mil. Therefore, Hawaiian Electric Industries's FCF Margin % for the quarter that ended in Mar. 2026 was -5.69%.

As of today, Hawaiian Electric Industries's current FCF Yield % is 1.93%.

The historical rank and industry rank for Hawaiian Electric Industries's FCF Margin % or its related term are showing as below:

HE' s FCF Margin % Range Over the Past 10 Years
Min: -0.66   Med: 1.84   Max: 6.96
Current: 1.43


During the past 13 years, the highest FCF Margin % of Hawaiian Electric Industries was 6.96%. The lowest was -0.66%. And the median was 1.84%.

HE's FCF Margin % is ranked worse than
53.11% of 499 companies
in the Utilities - Regulated industry
Industry Median: 2.36 vs HE: 1.43


Hawaiian Electric Industries FCF Margin % Related Terms


Hawaiian Electric Industries FCF Margin % Historical Data

* Premium members only.

The historical data trend for Hawaiian Electric Industries's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hawaiian Electric Industries FCF Margin % Chart

Hawaiian Electric Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.66 3.37 3.31 4.45 1.62

Hawaiian Electric Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.96 12.48 1.24 -2.01 -5.69

HE vs MGEE, IMSR, NKLR: FCF Margin % Comparison

For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hawaiian Electric Industries FCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hawaiian Electric Industries's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Hawaiian Electric Industries's FCF Margin % falls into.


HE
64GF Score
Hawaiian Electric Industries Inc HE
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hawaiian Electric Industries FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Hawaiian Electric Industries's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=49.871/3086.896
=1.62 %

Hawaiian Electric Industries's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-42.504/746.447
=-5.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -5.69% mean?
Hawaiian Electric Industries (HE) has a FCF Margin % of -5.69% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hawaiian Electric Industries and its competitors. According to the industry distribution chart, Hawaiian Electric Industries ranks #265 out of 499 companies in the Utilities - Regulated industry, placing it in the top 53.1%.
Is Hawaiian Electric Industries' FCF Margin % too high?
Hawaiian Electric Industries' current FCF Margin % is -5.69%. Based on the distribution chart, Hawaiian Electric Industries ranks #265 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hawaiian Electric Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hawaiian Electric Industries' FCF Margin % compare to MGEE and IMSR?
According to the Utilities - Regulated industry distribution chart, Hawaiian Electric Industries ranks #265 out of 499 companies for FCF Margin %. This places Hawaiian Electric Industries in the lower half of its industry. The industry median FCF Margin % is 2.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.36, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hawaiian Electric Industries and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hawaiian Electric Industries's current FCF Margin % is -5.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hawaiian Electric Industries stock overvalued right now?
Based on GuruFocus' analysis, Hawaiian Electric Industries (HE) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.02, compared to a current price of $13.27 — trading 65.5% above its estimated fair value. The current FCF Margin % is -5.69%. Hawaiian Electric Industries' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Hawaiian Electric Industries (HE), the current FCF Margin % is -5.69% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hawaiian Electric Industries (HE) Overvalued in 2026?

Based on GuruFocus' analysis, Hawaiian Electric Industries stock appears to be overvalued. The current stock price of $13.27 is trading 65.5% above its estimated GF Value™ of $8.02. GuruFocus considers Hawaiian Electric Industries to be Significantly Overvalued.

Key valuation signals for HE:

  • FCF Margin %: -5.69%
  • GF Value™: $8.02 vs. price of $13.27 (65.5% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the HE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hawaiian Electric Industries Business Description

Other Exchanges HWI:Germany
Address 1001 Bishop Street, Suite 2900, Honolulu, HI, USA, 96813
Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.
64GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.27
Price
$8.02
GF Value