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). Read Hawaiian Electric Industries Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
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 capital reinvestment ratio of Hawaiian Electric Industries Inc to see what proportion of operating cash flow is directed to capital expenditures.
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 | — |