Hawaiian Electric Industries Inc (HE) — Cash Flow Quality Index
Hawaiian Electric Industries Inc (HE) has a Cash Flow Quality Index of 2.00x as of March 2026. Operating cash flow of $61.03 Million exceeds net income of $30.45 Million, indicating high earnings quality where cash backs reported profits. Explore Hawaiian Electric Industries Inc (HE) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hawaiian Electric Industries Inc Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for Hawaiian Electric Industries Inc across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Hawaiian Electric Industries Inc (HE) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Hawaiian Electric Industries Inc (1994–2025)
Year-by-year earnings quality comparison for Hawaiian Electric Industries Inc. For live market cap and the full company financial profile, see Hawaiian Electric Industries Inc market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.10x | $391.07 Million | $126.28 Million | ▼ -17.0% |
| 2023 | 3.73x | $551.47 Million | $147.77 Million | ▲ +99.6% |
| 2022 | 1.87x | $454.48 Million | $243.03 Million | ▲ +23.5% |
| 2021 | 1.51x | $375.67 Million | $248.06 Million | ▼ -29.6% |
| 2020 | 2.15x | $429.41 Million | $199.71 Million | ▼ -7.8% |
| 2019 | 2.33x | $512.47 Million | $219.77 Million | ▼ -4.9% |
| 2018 | 2.45x | $499.31 Million | $203.66 Million | ▼ -2.5% |
| 2017 | 2.51x | $420.44 Million | $167.19 Million | ▲ +27.0% |
| 2016 | 1.98x | $495.25 Million | $250.15 Million | ▼ -10.0% |
| 2015 | 2.20x | $355.88 Million | $161.77 Million | ▲ +24.2% |
| 2014 | 1.77x | $301.48 Million | $170.21 Million | ▼ -11.5% |
| 2013 | 2.00x | $327.15 Million | $163.41 Million | ▲ +20.0% |
| 2012 | 1.67x | $234.54 Million | $140.55 Million | ▼ -6.6% |
| 2011 | 1.79x | $250.37 Million | $140.12 Million | ▼ -39.5% |
| 2010 | 2.95x | $340.72 Million | $115.42 Million | ▼ -11.9% |
| 2009 | 3.35x | $284.47 Million | $84.90 Million | ▲ +17.3% |
| 2008 | 2.86x | $257.92 Million | $90.28 Million | ▲ +11.4% |
| 2007 | 2.56x | $217.34 Million | $84.78 Million | ▼ -5.7% |
| 2006 | 2.72x | $293.58 Million | $108.00 Million | ▲ +59.7% |
| 2005 | 1.70x | $215.58 Million | $126.69 Million | ▼ -25.6% |
| 2004 | 2.29x | $246.58 Million | $107.74 Million | ▲ +15.0% |
| 2003 | 1.99x | $234.89 Million | $118.05 Million | ▼ -3.5% |
| 2002 | 2.06x | $243.68 Million | $118.22 Million | ▼ -7.3% |
| 2001 | 2.22x | $198.75 Million | $89.38 Million | ▼ -63.1% |
| 2000 | 6.03x | $276.01 Million | $45.74 Million | ▲ +173.6% |
| 1999 | 2.21x | $213.70 Million | $96.90 Million | ▼ -18.9% |
| 1998 | 2.72x | $230.60 Million | $84.80 Million | ▲ +35.5% |
| 1997 | 2.01x | $173.40 Million | $86.40 Million | ▼ -0.3% |
| 1996 | 2.01x | $158.40 Million | $78.70 Million | ▼ -26.6% |
| 1995 | 2.74x | $212.60 Million | $77.50 Million | ▲ +53.7% |
| 1994 | 1.78x | $130.30 Million | $73.00 Million | — |