What is Hawaiian Electric Industries Inc's ROI in the third quarter of 2024?
Hawaiian Electric Industries inc achieved a return on average invested assets (ROI) of
0.17 % in its third quarter of 2024, which is below Hawaiian Electric Industries Inc's average return on investment, which stands at 2.95%.
ROI decreased relative to the period ending Mar 31 2024, due to the decline in net income.
Within the
Utilities sector 86 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the first quarter of 2024 from
1477 to
2023.
Definition and Formula of Return on Investment
| Return On Investment |
(Sep 30 2024)
III. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Investment Change TTM |
5.16 % |
4.13 % |
4.25 % |
19.44 % |
41.45 % |
| Y / Y Net Income Change TTM |
-87.2 % |
-17.52 % |
16 % |
81.44 % |
335.08 % |
| Investment (TTM) in Millions |
17,731 |
16,923 |
17,244 |
16,992 |
16,519 |
| Return On Investment (TTM) |
0.17 % |
1.11 % |
1.2 % |
1.27 % |
1.41 % |
| HE's Overall
Ranking |
# 2023 |
# 1477 |
# 1360 |
# 2076 |
# |
| Seq. Investment Change TTM |
1.79 % |
0.71 % |
1.45 % |
1.11 % |
0.8 % |
| Seq. Net Income Change TTM |
-84.34 % |
-6.26 % |
-4.08 % |
-9.09 % |
0.91 % |
| Net Income (TTM) in Millions |
30 |
189 |
201 |
210 |
231 |
