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). Explore Hawaiian Electric Industries Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see Hawaiian Electric Industries Inc (HE) cash flow conversion.
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. Check HE cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |