Value20202021202220232024TTMSelling/general/admin expenses5.8 M9.1 M10.4 M10.5 M3.6 M5.1 MResearch & development——————Operating income311.49 M386.07 M381.07 M352.6 M1.71 B221.88 MNon-Operating Income, Total14.83 M4.21 M14.29 M35.11 M29.39 M60.87 MInterest expense, net of interest capitalized99.81 M99.4 M116.7 M208.33 M-5.47 M-5.79 MNon-Operating Income, excl. Interest Expenses-84.97 M-95.19 M-102.42 M-173.22 M34.86 M66.66 MUnusual income/expense——————Pretax income240.62 M310.86 M304.19 M245.7 M1.79 B18.76 MEquity in earnings——————Taxes40.91 M62.81 M61.17 M44.57 M470.96 M36.69 MNon-controlling/minority interest1.89 M1.89 M————After tax other income/expense——————Net income before discontinued operations197.82 M246.17 M243.03 M201.13 M1.32 B55.28 MDiscontinued operations————103.49 M97.41 MNet income197.82 M246.17 M243.03 M201.13 M1.42 B152.69 MDilution adjustment——003.78 M946 KPreferred dividends——1.89 M1.89 M1.89 M1.89 MDiluted net income available to common stockholders197.82 M246.17 M241.14 M199.24 M1.43 B151.75 MBasic earnings per share (Basic EPS)1.812.252.21.82-11.230.08Diluted earnings per share (Diluted EPS)1.812.252.21.81-11.231.53Average basic shares outstanding109.14 M109.28 M109.43 M109.74 M126.93 M690.06 MDiluted shares outstanding109.36 M109.58 M109.78 M110.04 M126.93 M690.85 MEBITDA2.81 B3.1 B————EBIT2.52 B2.82 B————Cost of revenue49.81 M26.43 M————Other cost of goods sold——————Depreciation & amortization (cash flow)290.78 M278.7 M294.84 M310.8 M293.53 M300.01 M
Hawaiian Electric Industries Inc
Hawaiian Electric Industries, Inc. is the largest supplier of electricity in the U.S. state of Hawaii, supplying power to 95% of Hawaii's population through its electric utilities: Hawaiian Electric Company serving Oahu, Hawai'i Electric Light Company serving The Big Island, and Maui Electric Company serving Maui, Lanai and Molakai.
Hawaiian Electric Company, Hilo Electric Light Company, and Maui Electric Company employ more than 2,000 people. Approximately 20,000 Hawaii residents are shareholders of HECO’s parent company, Hawaiian Electric Industries. The company is headquartered in Honolulu.
The island of Kauai is the only Hawaiian island not supplied by HEI. Instead, the consumer-owned Kauai Island Utility Cooperative manages that island's electricity.