HE (Hawaiian Electric Industries) Tax Rate %: 21.10% (As of Mar. 2026)

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HE Hawaiian Electric Industries Inc HE
64 GF Score
Price $13.45
GF Value $8.05
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hawaiian Electric Industries Tax Rate %?

Hawaiian Electric Industries HE -2.25% 64 Tax Rate % is 21.10% as of Mar. 2026. GuruFocus rates HE with a GF Score™ of 64/100 and a GF Value™ of $8.05 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hawaiian Electric Industries's Tax Expense for the three months ended in Mar. 2026 was $8 Mil. Hawaiian Electric Industries's Pre-Tax Income for the three months ended in Mar. 2026 was $39 Mil. Therefore, Hawaiian Electric Industries's Tax Rate % for the quarter that ended in Mar. 2026 was 21.10%.

Hawaiian Electric Industries Tax Rate % Related Terms

Hawaiian Electric Industries Tax Rate % Historical Data

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The historical data trend for Hawaiian Electric Industries's Tax Rate % 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 Tax Rate % Chart

Hawaiian Electric Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.20 19.27 18.94 26.29 24.35

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
Tax Rate % 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 19.07 33.56 21.85 22.64 21.10
HE
64GF Score
Hawaiian Electric Industries Inc HE
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hawaiian Electric Industries Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Hawaiian Electric Industries's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=40.648/166.929
=24.35 %

Hawaiian Electric Industries's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=8.142/38.592
=21.10 %

* 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 Tax Rate % →
What does a Tax Rate % of 21.10% mean?
Hawaiian Electric Industries (HE) has a Tax Rate % of 21.10% as of Mar. 2026.
Is Hawaiian Electric Industries' Tax Rate % too high?
Hawaiian Electric Industries' current Tax Rate % is 21.10%. 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' Tax Rate % compare to MGEE and IMSR?
Hawaiian Electric Industries' Tax Rate % of 21.10% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Utilities - Regulated company?
A good Tax Rate % depends on the Utilities - Regulated industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Hawaiian Electric Industries's current Tax Rate % is 21.10%. 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 $8.05, compared to a current price of $13.45 — trading 67.1% above its estimated fair value. The current Tax Rate % is 21.10%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Hawaiian Electric Industries (HE), the current Tax Rate % is 21.10% 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 $13.45 is trading 67.1% above its estimated GF Value™ of $8.05. GuruFocus considers Hawaiian Electric Industries to be Significantly Overvalued.

Key valuation signals for HE:

  • Tax Rate %: 21.10%
  • GF Value™: $8.05 vs. price of $13.45 (67.1% 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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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.45
Price
$8.05
GF Value