Hawaiian Electric Industries Inc (HE) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.70x

Hawaiian Electric Industries Inc (HE) has a Cash Flow Reinvestment Rate of 1.70x as of March 2026, reinvesting $103.53 Million (capex $103.53 Million ) from operating cash flow of $61.03 Million. See Hawaiian Electric Industries Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.70x
(Capex + Investments) / Operating CF

Total Reinvested

$103.53 Million
Capex + Investments

Operating Cash Flow

$61.03 Million
USD

Capital Expenditures

$103.53 Million
USD

Hawaiian Electric Industries Inc Cash Flow Reinvestment Rate (1994–2025)

Historical reinvestment intensity for Hawaiian Electric Industries Inc across 32 annual periods. For the full cash flow conversion analysis, see HE cash flow metrics.

Annual Cash Flow Reinvestment Rate for Hawaiian Electric Industries Inc (1994–2025)

Year-by-year capital reinvestment analysis for Hawaiian Electric Industries Inc. See Hawaiian Electric Industries Inc (HE) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.87x $341.20 Million $391.07 Million $341.20 Million ▼ -37.2%
2024 1.39x $647.11 Million $465.73 Million $329.48 Million ▼ -54.4%
2023 3.05x $1.68 Billion $551.47 Million $442.73 Million ▲ +107.4%
2022 1.47x $668.12 Million $454.48 Million $344.04 Million ▼ -52.5%
2021 3.10x $1.16 Billion $375.67 Million $314.52 Million ▼ -6.0%
2020 3.29x $1.41 Billion $429.41 Million $383.89 Million ▲ +196.6%
2019 1.11x $569.09 Million $512.47 Million $457.52 Million ▼ -32.6%
2018 1.65x $822.69 Million $499.31 Million $537.37 Million ▼ -12.7%
2017 1.89x $793.69 Million $420.44 Million $495.19 Million ▲ +21.4%
2016 1.55x $770.01 Million $495.25 Million $330.04 Million ▼ -27.3%
2015 2.14x $760.91 Million $355.88 Million $363.80 Million ▲ +5.1%
2014 2.03x $613.49 Million $301.48 Million $339.72 Million ▲ +88.1%
2013 1.08x $353.88 Million $327.15 Million $353.88 Million ▼ -22.1%
2012 1.39x $325.48 Million $234.54 Million $325.48 Million ▲ +47.8%
2011 0.94x $235.12 Million $250.37 Million $235.12 Million ▲ +75.7%
2010 0.53x $182.12 Million $340.72 Million $182.12 Million ▼ -74.8%
2009 2.12x $602.62 Million $284.47 Million $602.62 Million ▲ +93.7%
2008 1.09x $282.05 Million $257.92 Million $282.05 Million ▲ +8.9%
2007 1.00x $218.30 Million $217.34 Million $218.30 Million ▲ +40.1%
2006 0.72x $210.53 Million $293.58 Million $210.53 Million ▼ -30.9%
2005 1.04x $223.68 Million $215.58 Million $223.68 Million ▲ +19.2%
2004 0.87x $214.65 Million $246.58 Million $214.65 Million ▲ +25.5%
2003 0.69x $162.89 Million $234.89 Million $162.89 Million ▲ +31.9%
2002 0.53x $128.08 Million $243.68 Million $128.08 Million ▼ -9.6%
2001 0.58x $115.54 Million $198.75 Million $115.54 Million ▲ +19.2%
2000 0.49x $134.58 Million $276.01 Million $134.58 Million ▼ -22.5%
1999 0.63x $134.40 Million $213.70 Million $134.40 Million ▼ -13.0%
1998 0.72x $166.70 Million $230.60 Million $166.70 Million ▼ -14.9%
1997 0.85x $147.30 Million $173.40 Million $147.30 Million ▼ -34.6%
1996 1.30x $205.60 Million $158.40 Million $205.60 Million ▲ +41.8%
1995 0.92x $194.60 Million $212.60 Million $194.60 Million ▼ -40.5%
1994 1.54x $200.50 Million $130.30 Million $200.50 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow