Hawaiian Gross Profit from 2010 to 2024

HE Stock  USD 10.50  0.03  0.29%   
Hawaiian Electric's Gross Profit is decreasing over the years with stable fluctuation. Overall, Gross Profit is expected to go to about 383.5 M this year. Gross Profit is the profit Hawaiian Electric Industries makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
-1.7 B
Current Value
-126.5 M
Quarterly Volatility
165.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hawaiian Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hawaiian Electric's main balance sheet or income statement drivers, such as Interest Expense of 126.3 M, Total Revenue of 2.2 B or Gross Profit of 383.5 M, as well as many indicators such as Price To Sales Ratio of 0.77, Dividend Yield of 0.0492 or PTB Ratio of 1.28. Hawaiian financial statements analysis is a perfect complement when working with Hawaiian Electric Valuation or Volatility modules.
  
Check out the analysis of Hawaiian Electric Correlation against competitors.

Latest Hawaiian Electric's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Hawaiian Electric Industries over the last few years. Gross profit is a required income statement account that reflects total revenue of Hawaiian Electric Industries minus its cost of goods sold. It is profit before Hawaiian Electric operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Hawaiian Electric's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hawaiian Electric's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 754.24 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Hawaiian Gross Profit Regression Statistics

Arithmetic Mean358,151,855
Geometric Mean351,045,961
Coefficient Of Variation24.02
Mean Deviation48,838,587
Median338,291,000
Standard Deviation86,040,155
Sample Variance7402.9T
Range364.1M
R-Value(0.13)
Mean Square Error7828.2T
R-Squared0.02
Significance0.63
Slope(2,586,944)
Total Sum of Squares103640.7T

Hawaiian Gross Profit History

2024383.5 M
2023352.6 M
2022381.1 M
2021386.1 M
2020311.5 M
2019348.7 M
2018333.4 M

Other Fundumenentals of Hawaiian Electric

Hawaiian Electric Gross Profit component correlations

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0.950.620.630.580.220.710.920.93-0.650.91-0.860.33-0.460.920.670.410.70.64-0.31-0.74-0.63-0.220.420.4-0.06
0.820.620.810.63-0.090.430.860.750.030.48-0.440.91-0.370.830.21-0.010.730.9-0.55-0.53-0.74-0.410.90.540.21
0.780.630.810.48-0.260.570.80.77-0.010.61-0.570.74-0.670.760.280.150.930.92-0.71-0.73-0.89-0.250.90.730.63
0.650.580.630.480.190.670.650.55-0.340.59-0.70.46-0.50.570.16-0.280.370.52-0.19-0.13-0.45-0.460.520.240.07
0.090.22-0.09-0.260.19-0.010.040.13-0.580.22-0.21-0.320.260.070.410.19-0.3-0.280.43-0.020.1-0.4-0.38-0.59-0.5
0.690.710.430.570.67-0.010.680.58-0.540.89-0.920.21-0.90.630.120.280.480.44-0.34-0.42-0.34-0.130.450.40.36
1.00.920.860.80.650.040.680.95-0.390.81-0.760.66-0.50.980.520.250.810.85-0.55-0.72-0.75-0.250.720.570.1
0.970.930.750.770.550.130.580.95-0.490.8-0.750.52-0.410.920.730.30.810.8-0.54-0.78-0.83-0.160.60.540.06
-0.45-0.650.03-0.01-0.34-0.58-0.54-0.39-0.49-0.730.740.370.24-0.37-0.65-0.42-0.030.06-0.120.270.10.00.250.160.3
0.840.910.480.610.590.220.890.810.8-0.73-0.970.17-0.710.80.480.470.590.49-0.27-0.67-0.5-0.20.370.320.16
-0.79-0.86-0.44-0.57-0.7-0.21-0.92-0.76-0.750.74-0.97-0.130.74-0.72-0.45-0.33-0.53-0.460.250.550.490.19-0.35-0.3-0.18
0.60.330.910.740.46-0.320.210.660.520.370.17-0.13-0.270.61-0.01-0.240.670.87-0.64-0.38-0.65-0.310.930.620.31
-0.5-0.46-0.37-0.67-0.50.26-0.9-0.5-0.410.24-0.710.74-0.27-0.440.1-0.21-0.53-0.460.470.40.390.08-0.56-0.52-0.73
0.980.920.830.760.570.070.630.980.92-0.370.8-0.720.61-0.440.510.370.790.8-0.43-0.77-0.68-0.320.650.50.04
0.570.670.210.280.160.410.120.520.73-0.650.48-0.45-0.010.10.510.290.420.33-0.2-0.54-0.580.070.00.17-0.3
0.280.41-0.010.15-0.280.190.280.250.3-0.420.47-0.33-0.24-0.210.370.290.190.00.0-0.47-0.050.07-0.10.020.01
0.80.70.730.930.37-0.30.480.810.81-0.030.59-0.530.67-0.530.790.420.190.92-0.64-0.82-0.87-0.180.780.80.45
0.830.640.90.920.52-0.280.440.850.80.060.49-0.460.87-0.460.80.330.00.92-0.74-0.65-0.88-0.230.920.80.39
-0.51-0.31-0.55-0.71-0.190.43-0.34-0.55-0.54-0.12-0.270.25-0.640.47-0.43-0.20.0-0.64-0.740.370.66-0.38-0.75-0.86-0.54
-0.74-0.74-0.53-0.73-0.13-0.02-0.42-0.72-0.780.27-0.670.55-0.380.4-0.77-0.54-0.47-0.82-0.650.370.680.25-0.47-0.42-0.25
-0.75-0.63-0.74-0.89-0.450.1-0.34-0.75-0.830.1-0.50.49-0.650.39-0.68-0.58-0.05-0.87-0.880.660.680.17-0.75-0.65-0.42
-0.25-0.22-0.41-0.25-0.46-0.4-0.13-0.25-0.160.0-0.20.19-0.310.08-0.320.070.07-0.18-0.23-0.380.250.17-0.240.250.02
0.670.420.90.90.52-0.380.450.720.60.250.37-0.350.93-0.560.650.0-0.10.780.92-0.75-0.47-0.75-0.240.730.57
0.540.40.540.730.24-0.590.40.570.540.160.32-0.30.62-0.520.50.170.020.80.8-0.86-0.42-0.650.250.730.52
0.07-0.060.210.630.07-0.50.360.10.060.30.16-0.180.31-0.730.04-0.30.010.450.39-0.54-0.25-0.420.020.570.52
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About Hawaiian Electric Financial Statements

Hawaiian Electric stakeholders use historical fundamental indicators, such as Hawaiian Electric's Gross Profit, to determine how well the company is positioned to perform in the future. Although Hawaiian Electric investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hawaiian Electric's assets and liabilities are reflected in the revenues and expenses on Hawaiian Electric's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hawaiian Electric Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit352.6 M383.5 M
Gross Profit Margin 0.10  0.19 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Hawaiian Electric Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Electric. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Earnings Share
(11.72)
Revenue Per Share
33.159
Quarterly Revenue Growth
0.04
Return On Assets
(0.12)
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.