Hawaiian Electric Industries Profit Margin 2010-2023 | HE
Current and historical gross margin, operating margin and net profit margin for Hawaiian Electric Industries (HE) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Hawaiian Electric Industries net profit margin as of September 30, 2023 is 5.6%.
|Hawaiian Electric Industries Annual Profit Margins
|Hawaiian Electric Industries Quarterly Profit Margins
||Utility - Electric Power Distribution
Hawaiian Electric Industries Inc. is a holding company with subsidiaries engaged in the electric utility, banking and other businesses operating primarily in the state of Hawaii. Electricity is provided by the company's 3 subsidiaries: The Hawaiian Electric Co., Maui Electric Co. and Hawaiian Electric Light Co. These utilities are engaged in the production, transmission, distribution, and sale of electricity. Hawaiian Electric's banking business centers around its subsidiary American Savings Holdings, Inc. and its subsidiary, American Savings Bank (ASB); HEI Properties, Inc.; Hawaiian Electric Industries Capital Trusts II and III, and The Old Oahu Tug Service, Inc. The company provides a wide array of banking services. Its Other businesses segment is composed of HEI's corporate-level operating, general and administrative expenses and the results of Pacific Current, LLC. The Other segment also includes ASB Hawaii, Inc.