Hawaiian Electric Industries Inc (HE) — Free Cash Flow Generation Index
Hawaiian Electric Industries Inc (HE) has a Free Cash Flow Generation Index of -0.70x as of March 2026. Free cash flow of $-42.50 Million represents -1% of operating cash flow ($61.03 Million). See Hawaiian Electric Industries Inc (HE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Hawaiian Electric Industries Inc Free Cash Flow Generation Index (1994–2025)
Historical FCF Generation Index trend for Hawaiian Electric Industries Inc across 32 annual periods. Explore how well can Hawaiian Electric Industries Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Hawaiian Electric Industries Inc (1994–2025)
Year-by-year Free Cash Flow Generation Index for Hawaiian Electric Industries Inc. For the full company profile including market capitalisation, see HE stock market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.13x | $49.87 Million | $391.07 Million | $341.20 Million | ▼ -56.4% |
| 2024 | 0.29x | $136.25 Million | $465.73 Million | $329.48 Million | ▲ +48.4% |
| 2023 | 0.20x | $108.74 Million | $551.47 Million | $442.73 Million | ▼ -18.9% |
| 2022 | 0.24x | $110.44 Million | $454.48 Million | $344.04 Million | ▲ +49.3% |
| 2021 | 0.16x | $61.15 Million | $375.67 Million | $314.52 Million | ▲ +53.6% |
| 2020 | 0.11x | $45.51 Million | $429.41 Million | $383.89 Million | ▼ -1.2% |
| 2019 | 0.11x | $54.95 Million | $512.47 Million | $457.52 Million | ▲ +240.7% |
| 2018 | -0.08x | $-38.06 Million | $499.31 Million | $537.37 Million | ▲ +57.1% |
| 2017 | -0.18x | $-74.75 Million | $420.44 Million | $495.19 Million | ▼ -153.3% |
| 2016 | 0.33x | $165.21 Million | $495.25 Million | $330.04 Million | ▲ +1598.2% |
| 2015 | -0.02x | $-7.92 Million | $355.88 Million | $363.80 Million | ▲ +82.4% |
| 2014 | -0.13x | $-38.24 Million | $301.48 Million | $339.72 Million | ▼ -55.2% |
| 2013 | -0.08x | $-26.73 Million | $327.15 Million | $353.88 Million | ▲ +78.9% |
| 2012 | -0.39x | $-90.94 Million | $234.54 Million | $325.48 Million | ▼ -736.5% |
| 2011 | 0.06x | $15.25 Million | $250.37 Million | $235.12 Million | ▼ -86.9% |
| 2010 | 0.47x | $158.59 Million | $340.72 Million | $182.12 Million | ▲ +141.6% |
| 2009 | -1.12x | $-318.16 Million | $284.47 Million | $602.62 Million | ▼ -1095.6% |
| 2008 | -0.09x | $-24.13 Million | $257.92 Million | $282.05 Million | ▼ -2026.6% |
| 2007 | 0.00x | $-956.00K | $217.34 Million | $218.30 Million | ▼ -101.6% |
| 2006 | 0.28x | $83.05 Million | $293.58 Million | $210.53 Million | ▲ +853.5% |
| 2005 | -0.04x | $-8.09 Million | $215.58 Million | $223.68 Million | ▼ -129.0% |
| 2004 | 0.13x | $31.93 Million | $246.58 Million | $214.65 Million | ▼ -57.8% |
| 2003 | 0.31x | $72.00 Million | $234.89 Million | $162.89 Million | ▼ -35.4% |
| 2002 | 0.47x | $115.60 Million | $243.68 Million | $128.08 Million | ▲ +13.3% |
| 2001 | 0.42x | $83.21 Million | $198.75 Million | $115.54 Million | ▼ -18.3% |
| 2000 | 0.51x | $141.43 Million | $276.01 Million | $134.58 Million | ▲ +38.1% |
| 1999 | 0.37x | $79.30 Million | $213.70 Million | $134.40 Million | ▲ +33.9% |
| 1998 | 0.28x | $63.90 Million | $230.60 Million | $166.70 Million | ▲ +84.1% |
| 1997 | 0.15x | $26.10 Million | $173.40 Million | $147.30 Million | ▲ +150.5% |
| 1996 | -0.30x | $-47.20 Million | $158.40 Million | $205.60 Million | ▼ -451.9% |
| 1995 | 0.08x | $18.00 Million | $212.60 Million | $194.60 Million | ▲ +115.7% |
| 1994 | -0.54x | $-70.20 Million | $130.30 Million | $200.50 Million | — |