Hawaiian Electric Industries Inc (HE) — Capital Reinvestment Ratio
Hawaiian Electric Industries Inc (HE) has a Capital Reinvestment Ratio of 1.70x as of March 2026, meaning it reinvests 2% of its operating cash flow ($61.03 Million) in capital expenditures ($103.53 Million). See Hawaiian Electric Industries Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Hawaiian Electric Industries Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks Hawaiian Electric Industries Inc's Capital Reinvestment Ratio across 32 annual periods.
Annual Capital Reinvestment Ratio for Hawaiian Electric Industries Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for Hawaiian Electric Industries Inc from 1994 to 2025. For live market cap and broader valuation context, see market cap of Hawaiian Electric Industries Inc.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.87x | $391.07 Million | $341.20 Million | ▲ +23.3% |
| 2024 | 0.71x | $465.73 Million | $329.48 Million | ▼ -11.9% |
| 2023 | 0.80x | $551.47 Million | $442.73 Million | ▲ +6.1% |
| 2022 | 0.76x | $454.48 Million | $344.04 Million | ▼ -9.6% |
| 2021 | 0.84x | $375.67 Million | $314.52 Million | ▼ -6.4% |
| 2020 | 0.89x | $429.41 Million | $383.89 Million | ▲ +0.1% |
| 2019 | 0.89x | $512.47 Million | $457.52 Million | ▼ -17.0% |
| 2018 | 1.08x | $499.31 Million | $537.37 Million | ▼ -8.6% |
| 2017 | 1.18x | $420.44 Million | $495.19 Million | ▲ +76.7% |
| 2016 | 0.67x | $495.25 Million | $330.04 Million | ▼ -34.8% |
| 2015 | 1.02x | $355.88 Million | $363.80 Million | ▼ -9.3% |
| 2014 | 1.13x | $301.48 Million | $339.72 Million | ▲ +4.2% |
| 2013 | 1.08x | $327.15 Million | $353.88 Million | ▼ -22.1% |
| 2012 | 1.39x | $234.54 Million | $325.48 Million | ▲ +47.8% |
| 2011 | 0.94x | $250.37 Million | $235.12 Million | ▲ +75.7% |
| 2010 | 0.53x | $340.72 Million | $182.12 Million | ▼ -74.8% |
| 2009 | 2.12x | $284.47 Million | $602.62 Million | ▲ +93.7% |
| 2008 | 1.09x | $257.92 Million | $282.05 Million | ▲ +8.9% |
| 2007 | 1.00x | $217.34 Million | $218.30 Million | ▲ +40.1% |
| 2006 | 0.72x | $293.58 Million | $210.53 Million | ▼ -30.9% |
| 2005 | 1.04x | $215.58 Million | $223.68 Million | ▲ +19.2% |
| 2004 | 0.87x | $246.58 Million | $214.65 Million | ▲ +25.5% |
| 2003 | 0.69x | $234.89 Million | $162.89 Million | ▲ +31.9% |
| 2002 | 0.53x | $243.68 Million | $128.08 Million | ▼ -9.6% |
| 2001 | 0.58x | $198.75 Million | $115.54 Million | ▲ +19.2% |
| 2000 | 0.49x | $276.01 Million | $134.58 Million | ▼ -22.5% |
| 1999 | 0.63x | $213.70 Million | $134.40 Million | ▼ -13.0% |
| 1998 | 0.72x | $230.60 Million | $166.70 Million | ▼ -14.9% |
| 1997 | 0.85x | $173.40 Million | $147.30 Million | ▼ -34.6% |
| 1996 | 1.30x | $158.40 Million | $205.60 Million | ▲ +41.8% |
| 1995 | 0.92x | $212.60 Million | $194.60 Million | ▼ -40.5% |
| 1994 | 1.54x | $130.30 Million | $200.50 Million | — |