HE (Hawaiian Electric Industries) Market Cap: $2,265 Mil (As of Jun. 25, 2026)


HE Hawaiian Electric Industries Inc HE
64 GF Score
Price $13.12
GF Value $8.02
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hawaiian Electric Industries Market Cap?

Hawaiian Electric Industries HE -1.50% 64 Market Cap is $2,265 Mil as of Jun. 25, 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 513 Utilities - Regulated companies, Hawaiian Electric Industries ranks better than 63.94% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Hawaiian Electric Industries's share price for the quarter that ended in Mar. 2026 was $14.84. Hawaiian Electric Industries's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 173 Mil. Therefore, Hawaiian Electric Industries's market cap for the quarter that ended in Mar. 2026 was $2,562 Mil.

Hawaiian Electric Industries's quarterly market cap increased from Sep. 2025 ($1,906 Mil) to Dec. 2025 ($2,123 Mil) and increased from Dec. 2025 ($2,123 Mil) to Mar. 2026 ($2,562 Mil).

Hawaiian Electric Industries's annual market cap increased from Dec. 2023 ($1,563 Mil) to Dec. 2024 ($1,678 Mil) and increased from Dec. 2024 ($1,678 Mil) to Dec. 2025 ($2,123 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Hawaiian Electric Industries's Enterprise Value for Today is $4,759 Mil.


Hawaiian Electric Industries  (NYSE:HE) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Hawaiian Electric Industries Market Cap Related Terms


Hawaiian Electric Industries Market Cap Historical Data

* Premium members only.

The historical data trend for Hawaiian Electric Industries's Market Cap 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 Market Cap Chart

Hawaiian Electric Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,536.45 4,581.36 1,563.06 1,678.09 2,123.23

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
Market Cap 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 1,888.81 1,834.87 1,905.72 2,123.23 2,561.92

HE vs MGEE, IMSR, NKLR: Market Cap Comparison

For the Utilities - Regulated Electric subindustry, Hawaiian Electric Industries's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Utilities - Regulated Industry

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

* The bar in red indicates where Hawaiian Electric Industries's Market Cap falls into.


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

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=$12.3*172.620
=$2,123

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

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$14.84*172.636
=$2,562

* 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 Market Cap →
What does a Market Cap of $2,265 Mil mean?
Hawaiian Electric Industries (HE) has a Market Cap of $2,265 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Hawaiian Electric Industries and its competitors. According to the industry distribution chart, Hawaiian Electric Industries ranks #185 out of 513 companies in the Utilities - Regulated industry, placing it in the top 36.1%.
Is Hawaiian Electric Industries' Market Cap too high?
Hawaiian Electric Industries' current Market Cap is $2,265 Mil. The Utilities - Regulated industry median Market Cap is 897.97. Hawaiian Electric Industries' value of $2,265 Mil is 152.2% above this industry median. Based on the distribution chart, Hawaiian Electric Industries ranks #185 out of 513 companies in the Utilities - Regulated industry, which is above 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' Market Cap compare to MGEE and IMSR?
According to the Utilities - Regulated industry distribution chart, Hawaiian Electric Industries ranks #185 out of 513 companies for Market Cap. This puts Hawaiian Electric Industries in the upper half of its industry. The industry median Market Cap is 897.97. Hawaiian Electric Industries' value of $2,265 Mil is 152.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Utilities - Regulated company?
The median Market Cap among Utilities - Regulated companies is 897.97, based on 513 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hawaiian Electric Industries's current Market Cap of $2,265 Mil is 152.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Hawaiian Electric Industries and its competitors. For the Utilities - Regulated industry, the median Market Cap is 897.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hawaiian Electric Industries's current Market Cap is $2,265 Mil. 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 $13.12 — trading 63.6% above its estimated fair value. The current Market Cap is $2,265 Mil and 152.2% above the Utilities - Regulated industry median of 897.97. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Hawaiian Electric Industries (HE), the current Market Cap is $2,265 Mil as of Jun. 25, 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 $13.12 is trading 63.6% above its estimated GF Value™ of $8.02. GuruFocus considers Hawaiian Electric Industries to be Significantly Overvalued.

Key valuation signals for HE:

  • Market Cap: $2,265 Mil
  • GF Value™: $8.02 vs. price of $13.12 (63.6% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 152.2% above the Utilities - Regulated median (#185 of 513)

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

$13.12
Price
$8.02
GF Value