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Hawaiian Electric Industries (HE) Revenue & Revenue Breakdown

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Hawaiian Electric Industries Revenue Highlights

Latest Revenue (Y)

$3.68B

Latest Revenue (Q)

$938.38M

Main Segment (Y)

Deposit Account

Hawaiian Electric Industries Revenue by Period

Hawaiian Electric Industries Revenue by Year

DateRevenueChange
2023-12-31$3.68B-1.60%
2022-12-31$3.74B31.28%
2021-12-31$2.85B10.49%
2020-12-31$2.58B-10.26%
2019-12-31$2.87B0.48%
2018-12-31$2.86B11.94%
2017-12-31$2.56B7.35%
2016-12-31$2.38B-8.54%
2015-12-31$2.60B-19.65%
2014-12-31$3.24B0.03%
2013-12-31$3.24B-4.05%
2012-12-31$3.37B4.09%
2011-12-31$3.24B21.66%
2010-12-31$2.66B15.39%
2009-12-31$2.31B-28.25%
2008-12-31$3.22B26.91%
2007-12-31$2.54B3.07%
2006-12-31$2.46B11.07%
2005-12-31$2.22B15.15%
2004-12-31$1.92B8.01%
2003-12-31$1.78B7.72%
2002-12-31$1.65B28.76%
2001-12-31$1.28B-25.29%
2000-12-31$1.72B12.85%
1999-12-31$1.52B2.57%
1998-12-31$1.49B1.46%
1997-12-31$1.46B3.78%
1996-12-31$1.41B8.85%
1995-12-31$1.30B9.04%
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

DateRevenueChange
2024-09-30$938.38M4.57%
2024-06-30$897.36M0.02%
2024-03-31$897.16M-6.68%
2023-12-31$961.35M6.59%
2023-09-30$901.87M0.69%
2023-06-30$895.68M-3.51%
2023-03-31$928.24M-8.92%
2022-12-31$1.02B-2.21%
2022-09-30$1.04B16.37%
2022-06-30$895.61M14.08%
2022-03-31$785.07M1.92%
2021-12-31$770.27M1.77%
2021-09-30$756.90M11.27%
2021-06-30$680.26M5.80%
2021-03-31$642.95M-1.42%
2020-12-31$652.22M1.68%
2020-09-30$641.43M5.33%
2020-06-30$608.95M-10.08%
2020-03-31$677.19M-6.72%
2019-12-31$725.97M-5.91%
2019-09-30$771.53M7.83%
2019-06-30$715.49M8.14%
2019-03-31$661.62M-13.13%
2018-12-31$761.65M-0.83%
2018-09-30$768.05M12.08%
2018-06-30$685.28M6.10%
2018-03-31$645.87M-1.93%
2017-12-31$658.60M-2.17%
2017-09-30$673.18M6.47%
2017-06-30$632.28M6.88%
2017-03-31$591.56M-4.18%
2016-12-31$617.39M-4.44%
2016-09-30$646.05M14.09%
2016-06-30$566.24M2.77%
2016-03-31$550.96M-11.71%
2015-12-31$624.03M-12.99%
2015-09-30$717.18M14.95%
2015-06-30$623.91M-2.19%
2015-03-31$637.86M-19.26%
2014-12-31$790.04M-8.89%
2014-09-30$867.10M8.57%
2014-06-30$798.66M1.90%
2014-03-31$783.75M-5.17%
2013-12-31$826.45M-0.58%
2013-09-30$831.23M4.33%
2013-06-30$796.73M1.62%
2013-03-31$784.06M-6.45%
2012-12-31$838.15M-3.41%
2012-09-30$867.72M1.57%
2012-06-30$854.27M4.84%
2012-03-31$814.86M-4.25%
2011-12-31$851.03M-3.99%
2011-09-30$886.36M11.59%
2011-06-30$794.32M11.78%
2011-03-31$710.63M2.14%
2010-12-31$695.74M0.17%
2010-09-30$694.54M5.93%
2010-06-30$655.66M5.92%
2010-03-31$619.04M-0.09%
2009-12-31$619.58M-0.12%
2009-09-30$620.31M17.95%
2009-06-30$525.90M-3.29%
2009-03-31$543.80M-32.01%
2008-12-31$799.82M-12.63%
2008-09-30$915.43M18.26%
2008-06-30$774.05M6.09%
2008-03-31$729.62M3.03%
2007-12-31$708.17M-

Hawaiian Electric Industries generated $938.38M in revenue during Q3 2024, up 4.57% compared to the previous quarter, and up 104.77% 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/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Other Income, Net$2.80M$2.09M$851.00K$-256.00K$2.07M
Bank Owned Life Insurance Income$7.39M$2.53M$7.32M$6.48M$7.69M
Financial Service$19.03M$19.83M$21.23M$16.45M$19.27M
Financial Service, Other$10.62M$10.29M$8.77M$6.38M$6.51M
Mortgage Banking$910.00K$1.69M$9.30M$23.73M$4.94M
Deposit Account$19.13M$18.76M$16.66M$16.06M$20.88M

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/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Financial Service, Other$3.13M$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
Financial Service$5.19M$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
Deposit Account$5.16M$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
Bank Owned Life Insurance Income$2.99M$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
Other Income, Net$658.00K$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
Mortgage Banking$363.00K$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
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 Sep 24: Financial Service (29.66%), Deposit Account (29.48%), Financial Service, Other (17.90%), Bank Owned Life Insurance Income (17.11%), Other Income, Net (3.76%), and Mortgage Banking (2.08%).

Hawaiian Electric Industries Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EBRCentrais Elétricas Brasileiras S.A. - Eletrobrás$37.16B$8.72B
DTEDTE Energy Company$12.74B$2.91B
ETREntergy$12.15B$3.39B
CNPCenterPoint Energy$8.70B$1.86B
AEEAmeren$7.50B$2.17B
CMSCMS Energy$7.46B$1.74B
EVRGEvergy$5.49B$1.45B
PNWPinnacle West Capital$4.70B$1.77B
LNTAlliant Energy$4.03B$1.01B
HEHawaiian Electric Industries$3.68B$938.38M
PORPortland General Electric Company$2.92B$942.00M
OGEOGE Energy$2.67B$1.93B
IDAIDACORP$1.77B$528.53M
MGEEMGE Energy$690.43M$145.71M

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 Q3 2024 was $938.38M, a 4.57% increase from the previous quarter (Q2 2024), and a 4.05% increase year-over-year (Q3 2023). The company'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). HE'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).

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 Other Income, Net, Bank Owned Life Insurance Income, Financial Service, Financial Service, Other, Mortgage Banking, and Deposit Account. Other Income, Net generated $2.8M in revenue, accounting 4.67% of the company's total revenue, up 34.18% 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. Financial Service generated $19.03M in revenue, accounting 31.79% of the company's total revenue, down -4.01% year-over-year. Financial Service, Other generated $10.62M in revenue, accounting 17.73% of the company's total revenue, up 3.16% year-over-year. Mortgage Banking generated $910K in revenue, accounting 1.52% of the company's total revenue, down -46.22% 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.

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.