Financial Statements — HE
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.24 | 0.45 | 0.55 | 0.15 | 0.63 | 1.16 | 0.55 | 0.49 | 0.67 | 0.31 | 0.32 | 0.18 | 0.16 | 0.30 | 0.23 | 0.25 | 0.28 |
| Total Current Assets | 1.25 | 1.83 | 1.91 | 1.54 | 1.95 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Property, Plant & Equipment | 6.35 | 6.24 | 6.16 | 6.06 | 6.14 | 6.30 | 6.30 | 6.18 | 5.92 | 5.87 | 5.78 | 5.60 | 5.43 | 5.41 | 5.34 | 5.31 | 5.28 |
| Goodwill | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| Total Non-current Assets | 7.15 | 7.08 | 6.90 | 6.78 | 6.82 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Assets | 8.40 | 8.91 | 8.81 | 8.32 | 8.77 | 17.73 | 17.06 | 16.92 | 16.99 | 16.52 | 16.44 | 16.26 | 16.00 | 15.91 | 15.76 | 15.61 | 15.36 |
| Accounts Payable | 0.31 | 0.22 | 0.22 | 0.23 | 0.21 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Short-term Debt | -- | -- | 0.00 | 0.05 | 0.05 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.27 | 1.37 | 1.42 | 1.44 | 1.56 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Long-term Debt | 2.27 | 2.28 | 2.30 | 1.86 | 2.20 | 2.84 | 2.84 | 2.84 | 2.94 | 2.57 | 2.48 | 2.43 | 2.37 | 2.32 | 2.24 | 2.26 | 2.23 |
| Total Non-current Liabilities | 5.37 | 5.91 | 5.79 | 5.32 | 5.67 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 6.64 | 7.28 | 7.22 | 6.76 | 7.23 | 16.12 | 15.94 | 14.51 | 14.73 | 14.24 | 14.17 | 14.07 | 13.73 | 13.57 | 13.34 | 13.21 | 13.00 |
| Retained Earnings | (0.51) | (0.64) | (0.71) | (0.74) | (0.76) | (0.43) | (0.33) | 0.97 | 0.88 | 0.88 | 0.86 | 0.83 | 0.80 | 0.79 | 0.74 | 0.71 | 0.69 |
| Total Stockholder Equity | 1.76 | 1.64 | 1.56 | 1.53 | 1.51 | 1.58 | 1.09 | 2.38 | 2.22 | 2.25 | 2.24 | 2.16 | 2.23 | 2.30 | 2.38 | 2.37 | 2.32 |
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 0.93 | 0.72 | 0.79 | 0.80 | 0.74 | 0.75 | 0.75 | 0.86 | 0.80 | 0.78 | 0.86 | 0.82 | 0.79 | 0.82 | 0.94 | 0.99 | 0.84 | 0.70 | 0.68 | 0.69 |
| Operating Income | 0.20 | 0.05 | 0.07 | 0.05 | 0.05 | 0.06 | 0.06 | (0.13) | (1.72) | 0.08 | 0.09 | 0.08 | 0.09 | 0.09 | 0.09 | 0.10 | 0.09 | 0.10 | 0.09 | 0.10 |
| Pretax Income | 0.16 | 0.04 | 0.05 | 0.04 | 0.04 | 0.03 | 0.05 | (0.15) | (1.74) | 0.05 | 0.06 | 0.05 | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 | 0.09 | 0.07 | 0.08 |
| Tax Provision | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | (0.05) | (0.45) | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 |
| Net Income | 0.12 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | (0.07) | (0.10) | (1.30) | 0.04 | 0.05 | 0.04 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.07 | 0.05 | 0.06 |
| Basic EPS | 0.71 | 0.18 | 0.23 | 0.18 | 0.15 | 0.15 | 1.04 | (0.91) | (11.74) | 0.38 | 0.45 | 0.37 | 0.50 | 0.50 | 0.52 | 0.57 | 0.48 | 0.63 | 0.50 | 0.58 |
| Diluted EPS | 0.71 | 0.18 | 0.23 | 0.18 | 0.15 | 0.15 | 1.04 | (0.91) | (11.74) | 0.38 | 0.44 | 0.37 | 0.50 | 0.50 | 0.52 | 0.57 | 0.48 | 0.63 | 0.50 | 0.58 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (411.40) | 61.03 | 106.41 | 100.25 | 134.75 | 49.67 | 136.57 | 157.46 | 68.83 | 124.62 | 76.33 | 103.52 | 190.67 | 180.95 | 241.49 | 138.35 | (17.94) | 92.59 | 108.47 | 149.62 |
| Capital Expenditures | 138.56 | 103.54 | 85.75 | 93.96 | 74.96 | 86.54 | 85.61 | 78.78 | 80.32 | 99.55 | 105.93 | 106.49 | 111.58 | 124.30 | 107.76 | 88.53 | 68.59 | 79.16 | 95.27 | 70.84 |
| Free Cash Flow* | (549.96) | (42.50) | 20.65 | 6.30 | 59.80 | (36.87) | 50.96 | 78.68 | (11.49) | 25.07 | (29.60) | (2.97) | 79.09 | 56.66 | 133.73 | 49.82 | (86.53) | 13.42 | 13.20 | 78.78 |
| Investing Cash Flow | (138.15) | (101.91) | (84.82) | (84.86) | (74.00) | (78.49) | 282.38 | (57.58) | 39.12 | (5.59) | 112.24 | (86.78) | (145.39) | (137.47) | (333.92) | (297.73) | (269.32) | (227.71) | (194.75) | (213.41) |
| Financing Cash Flow | (143.30) | (8.06) | (68.05) | 374.93 | (535.68) | (102.21) | 2.85 | 506.57 | (43.84) | (310.88) | (176.29) | 346.17 | (45.44) | 71.14 | 118.18 | 173.51 | 144.70 | 131.28 | 160.41 | 43.06 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 | Q3
2020 | Q2
2020 | Q1
2020 | Q3
2019 | Q2
2019 | Q1
2019 | Q3
2018 | Q4
2017 | Q2
2017 | Q1
2017 | Q4
2016 |
|---|
| Dividends Per Share | 0.36 | 0.36 | 0.36 | 0.35 | 0.35 | 0.35 | 0.34 | 0.34 | 0.34 | 0.33 | 0.33 | 0.33 | 0.31 | 0.31 | 0.32 | 0.93 | 0.31 | 0.31 | 0.31 | 0.31 |
