| Hawaiian Electric Industries is a holding company with its subsidiaries principally engaged in electric utility, banking, and renewable/sustainable infrastructure investment businesses operating in the State of Hawaii. Co. and its operating utility subsidiaries, Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited are regulated electric public utilities that provide essential electric service to Hawaii's population through the operation of five separate grids that serve communities on the islands of Oahu, Hawaii, Maui, Lanai and Molokai. Co. also owns ASB Hawaii, Inc. and its subsidiary, American Savings Bank, F.S.B., a financial institution in the State of Hawaii. We show 43 historical shares outstanding datapoints in our HE shares outstanding history coverage, used to compute HE market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HE market cap history over the course of time is important for investors
interested in comparing HE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of HE versus a peer is one thing; comparing
HE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like HE can fluctuate over the course of history.
With this page we aim to empower investors researching HE by allowing them to research the HE market cap history.