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Hawaiian Electric Industries (HE) guidance and outlook
Hawaiian Electric Industries' 10-Q filed Nov 6, 2026 makes 9 forward-looking statements, 1 of them new and 0 no longer said since the filing before.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 6, 2026
- updated · The Company expects long-term liquidity will continue to be impacted by the remaining wildfire settlement payments; the Company’s below investment grade credit ratings, which may limit the Company from readily accessing low-cost unsecured, short-term borrowings and other sources of debt and equity financing on favorable terms; and higher working capital requirements resulting from inflation and elevated fuel prices.
- The Company is currently working with its financial advisors on a financing plan to raise the additional capital necessary to fund the remaining settlement payments for the wildfire tort claims.
- While management believes the Company will be able to raise the necessary capital, there is no assurance that management’s plans will be successful.
- Each quarter, the HEI Board of Directors evaluates whether to declare a dividend and considers many factors in the evaluation including, but not limited to, the Company’s results of operations, liquidity, the long-term prospects for the Company, current and expected future economic conditions, and capital investment alternatives.
- This action was intended to allow the Company to provide additional liquidity and allocate resources to reducing wildfire risk and rebuilding and restoring power and help ensure a strong future for the Utilities.
- • The non-compounded portion of the ARA includes a subtractive component, representing the management audit savings commitment, or refund to customers, which was approved by the PUC to supplement the 0.22% customer dividend discussed above to make up the total customer dividend that will be applied to the ARA formula during the multi-year rate period (MRP).
- This alignment with state policy is reflected in management compensation programs and the Utilities’ long-range plans, which include aspirational targets in order to catalyze action and accelerate the transition away from fossil fuels throughout their operations at a pace more rapid than
- new · The amended application proposes the establishment of a Distribution Operations Platform and other project components in place of an Advanced Distribution Management System and reduces the estimated total project costs from $215.2 million to $121.6 million, subject to PUC approval.
- While management believes that HEI will be able to raise the necessary capital, there is no assurance that management’s plans will be successful.
Hawaiian Electric Industries' latest quarter
Hawaiian Electric Industries, Q3 2026: revenue $1.0B (+28% year over year), operating margin 4.1%, net earnings $35.5M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
Questions
What does Hawaiian Electric Industries expect?
The Company expects long-term liquidity will continue to be impacted by the remaining wildfire settlement payments; the Company’s below investment grade credit ratings, which may limit the Company from readily accessing low-cost unsecured, short-term borrowings and other sources of debt and equity financing on favorable terms; and higher working capital requirements resulting from inflation and elevated fuel prices. The amended application proposes the establishment of a Distribution Operations Platform and other project components in place of an Advanced Distribution Management System and red
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.