Hawaiian Electric Industries (HE) Revenue & Revenue Breakdown
Hawaiian Electric Industries Revenue Highlights
Latest Revenue (Y)
$3.68B
Latest Revenue (Q)
$897.36M
Main Segment (Y)
Deposit Account
Hawaiian Electric Industries Revenue by Period
Hawaiian Electric Industries Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.68B | -1.60% |
| 2022-12-31 | $3.74B | 31.28% |
| 2021-12-31 | $2.85B | 10.49% |
| 2020-12-31 | $2.58B | -10.26% |
| 2019-12-31 | $2.87B | 0.48% |
| 2018-12-31 | $2.86B | 11.94% |
| 2017-12-31 | $2.56B | 7.35% |
| 2016-12-31 | $2.38B | -8.54% |
| 2015-12-31 | $2.60B | -19.65% |
| 2014-12-31 | $3.24B | 0.03% |
| 2013-12-31 | $3.24B | -4.05% |
| 2012-12-31 | $3.37B | 4.09% |
| 2011-12-31 | $3.24B | 21.66% |
| 2010-12-31 | $2.66B | 15.39% |
| 2009-12-31 | $2.31B | -28.25% |
| 2008-12-31 | $3.22B | 26.91% |
| 2007-12-31 | $2.54B | 3.07% |
| 2006-12-31 | $2.46B | 11.07% |
| 2005-12-31 | $2.22B | 15.15% |
| 2004-12-31 | $1.92B | 8.01% |
| 2003-12-31 | $1.78B | 7.72% |
| 2002-12-31 | $1.65B | 28.76% |
| 2001-12-31 | $1.28B | -25.29% |
| 2000-12-31 | $1.72B | 12.85% |
| 1999-12-31 | $1.52B | 2.57% |
| 1998-12-31 | $1.49B | 1.46% |
| 1997-12-31 | $1.46B | 3.78% |
| 1996-12-31 | $1.41B | 8.85% |
| 1995-12-31 | $1.30B | 9.04% |
| 1994-12-31 | $1.19B | - |
Hawaiian Electric Industries generated $3.68B in revenue during NA 2023, up -1.60% compared to the previous quarter, and up 128.71% compared to the same period a year ago.
Hawaiian Electric Industries Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $897.36M | 0.02% |
| 2024-03-31 | $897.16M | -6.68% |
| 2023-12-31 | $961.35M | 6.59% |
| 2023-09-30 | $901.87M | 0.69% |
| 2023-06-30 | $895.68M | -3.51% |
| 2023-03-31 | $928.24M | -8.92% |
| 2022-12-31 | $1.02B | -2.21% |
| 2022-09-30 | $1.04B | 16.37% |
| 2022-06-30 | $895.61M | 14.08% |
| 2022-03-31 | $785.07M | 1.92% |
| 2021-12-31 | $770.27M | 1.77% |
| 2021-09-30 | $756.90M | 11.27% |
| 2021-06-30 | $680.26M | 5.80% |
| 2021-03-31 | $642.95M | -1.42% |
| 2020-12-31 | $652.22M | 1.68% |
| 2020-09-30 | $641.43M | 5.33% |
| 2020-06-30 | $608.95M | -10.08% |
| 2020-03-31 | $677.19M | -6.72% |
| 2019-12-31 | $725.97M | -5.91% |
| 2019-09-30 | $771.53M | 7.83% |
| 2019-06-30 | $715.49M | 8.14% |
| 2019-03-31 | $661.62M | -13.13% |
| 2018-12-31 | $761.65M | -0.83% |
| 2018-09-30 | $768.05M | 12.08% |
| 2018-06-30 | $685.28M | 6.10% |
| 2018-03-31 | $645.87M | -1.93% |
| 2017-12-31 | $658.60M | -2.17% |
| 2017-09-30 | $673.18M | 6.47% |
| 2017-06-30 | $632.28M | 6.88% |
| 2017-03-31 | $591.56M | -4.18% |
| 2016-12-31 | $617.39M | -4.44% |
| 2016-09-30 | $646.05M | 14.09% |
| 2016-06-30 | $566.24M | 2.77% |
| 2016-03-31 | $550.96M | -11.71% |
| 2015-12-31 | $624.03M | -12.99% |
| 2015-09-30 | $717.18M | 14.95% |
| 2015-06-30 | $623.91M | -2.19% |
| 2015-03-31 | $637.86M | -19.26% |
| 2014-12-31 | $790.04M | -8.89% |
| 2014-09-30 | $867.10M | 8.57% |
| 2014-06-30 | $798.66M | 1.90% |
| 2014-03-31 | $783.75M | -5.17% |
| 2013-12-31 | $826.45M | -0.58% |
| 2013-09-30 | $831.23M | 4.33% |
| 2013-06-30 | $796.73M | 1.62% |
| 2013-03-31 | $784.06M | -6.45% |
| 2012-12-31 | $838.15M | -3.41% |
| 2012-09-30 | $867.72M | 1.57% |
| 2012-06-30 | $854.27M | 4.84% |
| 2012-03-31 | $814.86M | -4.25% |
| 2011-12-31 | $851.03M | -3.99% |
| 2011-09-30 | $886.36M | 11.59% |
| 2011-06-30 | $794.32M | 11.78% |
| 2011-03-31 | $710.63M | 2.14% |
| 2010-12-31 | $695.74M | 0.17% |
| 2010-09-30 | $694.54M | 5.93% |
| 2010-06-30 | $655.66M | 5.92% |
| 2010-03-31 | $619.04M | -0.09% |
| 2009-12-31 | $619.58M | -0.12% |
| 2009-09-30 | $620.31M | 17.95% |
| 2009-06-30 | $525.90M | -3.29% |
| 2009-03-31 | $543.80M | -32.01% |
| 2008-12-31 | $799.82M | -12.63% |
| 2008-09-30 | $915.43M | 18.26% |
| 2008-06-30 | $774.05M | 6.09% |
| 2008-03-31 | $729.62M | 3.03% |
| 2007-12-31 | $708.17M | - |
Hawaiian Electric Industries generated $897.36M in revenue during Q2 2024, up 0.02% compared to the previous quarter, and up 96.67% compared to the same period a year ago.
Hawaiian Electric Industries Revenue Breakdown
Hawaiian Electric Industries Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Financial Service, Other | $10.62M | $10.29M | $8.77M | $6.38M | $6.51M |
| Financial Service | $19.03M | $19.83M | $21.23M | $16.45M | $19.27M |
| Deposit Account | $19.13M | $18.76M | $16.66M | $16.06M | $20.88M |
| Bank Owned Life Insurance Income | $7.39M | $2.53M | $7.32M | $6.48M | $7.69M |
| Other Income, Net | $2.80M | $2.09M | $851.00K | $-256.00K | $2.07M |
| Mortgage Banking | $910.00K | $1.69M | $9.30M | $23.73M | $4.94M |
Hawaiian Electric Industries's latest annual revenue breakdown by segment (product or service), as of Dec 23: Deposit Account (31.95%), Financial Service (31.79%), Financial Service, Other (17.73%), Bank Owned Life Insurance Income (12.34%), Other Income, Net (4.67%), and Mortgage Banking (1.52%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mortgage Banking | $424.00K | $209.00K | $230.00K | $130.00K | $62.00K | $181.00K | $372.00K | $1.08M | $1.81M | $1.27M | $1.93M | $4.30M | $7.80M | $7.68M | $6.25M | $2.00M | $1.86M | $1.49M | $976.00K | $614.00K |
| Bank Owned Life Insurance Income | $3.58M | $1.71M | $1.96M | $1.43M | $1.87M | $122.00K | $-142.00K | $681.00K | $1.11M | $2.03M | $1.62M | $2.56M | $2.05M | $1.97M | $1.67M | $794.00K | $1.38M | $1.66M | $2.39M | $2.26M |
| Deposit Account | $4.90M | $5.10M | $4.50M | $4.60M | $4.64M | $4.88M | $4.55M | $4.69M | $4.63M | $4.26M | $3.90M | $3.86M | $4.22M | $3.83M | $2.90M | $5.11M | $5.47M | $5.32M | $5.00M | $5.08M |
| Financial Service | $4.87M | $4.64M | $5.01M | $4.68M | $4.76M | $4.76M | $4.72M | $5.59M | $5.89M | $4.80M | $5.46M | $5.07M | $4.54M | $4.23M | $3.10M | $4.57M | $4.83M | $5.08M | $4.80M | $4.56M |
| Other Income, Net | $686.00K | $693.00K | $678.00K | $801.00K | $606.00K | $633.00K | $475.00K | $372.00K | $220.00K | $283.00K | $76.00K | $272.00K | $-187.00K | $-231.00K | $-251.00K | $413.00K | $654.00K | $428.00K | $534.00K | $458.00K |
| Financial Service, Other | $2.74M | $2.66M | $2.77M | $2.74M | $2.63M | $2.42M | $2.53M | $2.72M | $2.00M | $2.12M | $2.20M | $2.44M | $1.77M | $1.52M | $1.21M | $1.87M | $1.38M | $1.71M | $1.83M | $1.59M |
| Gain (Loss) On Sale Of Investments, Net | - | - | - | - | - | - | - | - | - | - | $528.00K | - | $9.28M | $653.00K | - | - | - | - | - | - |
Hawaiian Electric Industries's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Deposit Account (28.46%), Financial Service (28.32%), Bank Owned Life Insurance Income (20.83%), Financial Service, Other (15.94%), Other Income, Net (3.99%), and Mortgage Banking (2.46%).
Hawaiian Electric Industries Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EBR | Centrais Elétricas Brasileiras S.A. - Eletrobrás | $37.16B | $8.72B |
| DTE | DTE Energy | $12.74B | $2.88B |
| ETR | Entergy | $12.15B | $2.95B |
| CNP | CenterPoint Energy | $8.70B | $1.91B |
| AEE | Ameren | $7.50B | $1.69B |
| CMS | CMS Energy | $7.46B | $1.61B |
| EVRG | Evergy | $5.49B | $1.33B |
| PNW | Pinnacle West Capital | $4.70B | $1.31B |
| LNT | Alliant Energy | $4.03B | $799.00M |
| HE | Hawaiian Electric Industries | $3.68B | $897.36M |
| POR | Portland General Electric | $2.92B | $758.00M |
| OGE | OGE Energy | $2.67B | $596.80M |
| PNM | PNM Resources | $1.94B | $488.10M |
| IDA | IDACORP | $1.77B | $451.04M |
| MGEE | MGE Energy | $690.43M | $191.34M |
HE Revenue FAQ
What is Hawaiian Electric Industries’s yearly revenue?
Hawaiian Electric Industries's yearly revenue for 2023 was $3.68B, representing a decrease of -1.60% compared to 2022. The company's yearly revenue for 2022 was $3.74B, representing an increase of 31.28% compared to 2021. HE's yearly revenue for 2021 was $2.85B, representing an increase of 10.49% compared to 2020.
What is Hawaiian Electric Industries’s quarterly revenue?
Hawaiian Electric Industries's quarterly revenue for Q2 2024 was $897.36M, a 0.02% increase from the previous quarter (Q1 2024), and a 0.19% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $897.16M, a -6.68% decrease from the previous quarter (Q4 2023), and a -3.35% decrease year-over-year (Q1 2023). HE's quarterly revenue for Q4 2023 was $961.35M, a 6.59% increase from the previous quarter (Q3 2023), and a -5.67% decrease year-over-year (Q4 2022).
What is Hawaiian Electric Industries’s revenue growth rate?
Hawaiian Electric Industries's revenue growth rate for the last 3 years (2021-2023) was 29.18%, and for the last 5 years (2019-2023) was 28.09%.
What are Hawaiian Electric Industries’s revenue streams?
Hawaiian Electric Industries's revenue streams in c 23 are Financial Service, Other, Financial Service, Deposit Account, Bank Owned Life Insurance Income, Other Income, Net, and Mortgage Banking. Financial Service, Other generated $10.62M in revenue, accounting 17.73% of the company's total revenue, up 3.16% year-over-year. Financial Service generated $19.03M in revenue, accounting 31.79% of the company's total revenue, down -4.01% year-over-year. Deposit Account generated $19.13M in revenue, accounting 31.95% of the company's total revenue, up 1.97% year-over-year. Bank Owned Life Insurance Income generated $7.39M in revenue, accounting 12.34% of the company's total revenue, up 191.75% year-over-year. Other Income, Net generated $2.8M in revenue, accounting 4.67% of the company's total revenue, up 34.18% year-over-year. Mortgage Banking generated $910K in revenue, accounting 1.52% of the company's total revenue, down -46.22% year-over-year.
What is Hawaiian Electric Industries’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Hawaiian Electric Industries was Deposit Account. This segment made a revenue of $19.13M, representing 31.95% of the company's total revenue.