Hawaiian Holdings (HA) Financial Statements
Price: $18
Market Cap: $936.18M
Avg Volume: 2.00M
Market Cap: $936.18M
Avg Volume: 2.00M
Country: US
Industry: Airlines, Airports & Air Services
Sector: Industrials
Industry: Airlines, Airports & Air Services
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Hawaiian Holdings.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.72B | $2.64B | $1.60B | $844.81M | $2.83B | $2.84B | $2.70B | $2.45B | $2.32B | $2.31B |
| Cost of Revenue | $2.70B | $2.56B | $1.80B | $1.16B | $2.22B | $2.21B | $1.91B | $1.69B | $1.66B | $1.76B |
| Gross Profit | $18.08M | $85.84M | $-208.00M | $-312.46M | $612.95M | $631.21M | $783.54M | $757.82M | $660.01M | $550.08M |
| Gross Profit Ratio | 0.70% | 3.25% | -13.00% | -36.99% | 21.64% | 22.25% | 29.07% | 30.92% | 28.48% | 23.76% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $890.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $117.13M | $113.84M | $72.51M | $46.30M | $130.22M | $129.31M | $131.78M | $125.73M | $119.75M | $122.52M |
| Selling General and Administrative Expenses | $118.02M | $113.84M | $72.51M | $46.30M | $130.22M | $129.31M | $131.78M | $125.73M | $119.75M | $122.52M |
| Other Expenses | $-183.18M | $163.25M | $-206.93M | $104.74M | $155.26M | $-2.93M | $-14.61M | $4.32M | $-8.82M | $-13.68M |
| Operating Expenses | $301.20M | $277.09M | $-134.42M | $151.04M | $285.48M | $281.52M | $276.32M | $253.22M | $233.91M | $304.95M |
| Cost and Expenses | $3.00B | $2.83B | $1.67B | $1.31B | $2.50B | $2.49B | $2.19B | $1.95B | $1.89B | $2.07B |
| Interest Income | $57.23M | $32.14M | $8.60M | $8.73M | $12.58M | $9.24M | $6.13M | $4.01M | $2.81M | $1.68M |
| Interest Expense | $90.54M | $91.57M | $107.07M | $37.20M | $23.37M | $25.11M | $22.46M | $33.96M | $52.42M | $56.22M |
| Depreciation and Amortization | $133.62M | $136.17M | $138.30M | $151.66M | $158.91M | $139.87M | $113.28M | $108.13M | $106.82M | $97.61M |
| EBITDA | $-149.50M | $-65.34M | $60.05M | $-511.18M | $487.73M | $466.71M | $527.14M | $504.54M | $454.92M | $267.27M |
| EBITDA Ratio | -5.50% | -4.88% | -1.92% | -55.18% | 11.83% | 12.55% | 18.50% | 20.93% | 18.13% | 10.07% |
| Operating Income | $-283.11M | $-191.25M | $-82.56M | $-647.61M | $175.71M | $314.37M | $483.77M | $409.46M | $426.10M | $245.13M |
| Operating Income Ratio | -10.42% | -7.24% | -5.17% | -76.66% | 6.20% | 11.08% | 17.95% | 16.71% | 18.39% | 10.59% |
| Total Other Income Expenses Net | $-44.68M | $-104.64M | $-102.76M | $-52.44M | $-22.48M | $-13.21M | $-73.22M | $-34.24M | $-70.48M | $-131.69M |
| Income Before Tax | $-327.79M | $-293.85M | $-185.32M | $-700.05M | $305.00M | $301.16M | $410.56M | $393.46M | $295.69M | $113.45M |
| Income Before Tax Ratio | -12.07% | -11.13% | -11.61% | -82.86% | 10.77% | 10.61% | 15.23% | 16.06% | 12.76% | 4.90% |
| Income Tax Expense | $-67.30M | $-53.77M | $-40.55M | $-189.12M | $81.01M | $67.96M | $46.51M | $149.33M | $113.04M | $44.52M |
| Net Income | $-260.49M | $-240.08M | $-144.77M | $-510.94M | $223.98M | $233.20M | $364.04M | $244.13M | $182.65M | $68.93M |
| Net Income Ratio | -9.59% | -9.09% | -9.07% | -60.48% | 7.91% | 8.22% | 13.50% | 9.96% | 7.88% | 2.98% |
| EPS | $-5.05 | $-4.67 | $-2.85 | $-11.08 | $4.72 | $4.63 | $6.86 | $4.56 | $3.38 | $1.29 |
| EPS Diluted | $-5.05 | $-4.67 | $-2.85 | $-11.08 | $4.71 | $4.62 | $6.82 | $4.52 | $2.98 | $1.10 |
| Weighted Average Shares Outstanding | 51.60M | 51.36M | 50.77M | 46.10M | 47.44M | 50.34M | 53.07M | 53.50M | 54.03M | 53.59M |
| Weighted Average Shares Outstanding Diluted | 51.60M | 51.36M | 50.77M | 46.10M | 47.55M | 50.49M | 53.41M | 53.96M | 61.26M | 62.82M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $170.52M | $229.12M | $490.56M | $509.64M | $373.06M | $268.58M | $190.95M | $325.99M | $281.50M | $264.09M |
| Short Term Investments | $755.22M | $1.15B | $1.24B | $354.78M | $245.60M | $232.24M | $269.30M | $284.07M | $278.55M | $260.12M |
| Cash and Short Term Investments | $925.75M | $1.38B | $1.73B | $864.42M | $618.65M | $500.82M | $460.25M | $610.07M | $560.05M | $524.21M |
| Net Receivables | $106.53M | $184.07M | $164.09M | $162.53M | $161.57M | $111.83M | $140.28M | $96.07M | $81.72M | $80.74M |
| Inventory | $60.12M | $36.88M | $34.11M | $35.44M | $37.63M | $33.94M | $35.36M | $20.36M | $19.16M | $18.01M |
| Other Current Assets | $96.31M | $63.55M | $83.39M | $56.09M | $56.85M | $117.15M | $80.19M | $71.74M | $80.05M | $59.95M |
| Total Current Assets | $1.17B | $1.68B | $2.01B | $1.12B | $874.71M | $705.17M | $702.09M | $798.24M | $740.98M | $704.85M |
| Property Plant Equipment Net | $2.43B | $2.33B | $2.49B | $2.71B | $2.95B | $2.19B | $1.84B | $1.65B | $1.55B | $1.67B |
| Goodwill | $- | $- | $- | $- | $106.66M | $106.66M | $106.66M | $106.66M | $106.66M | $106.66M |
| Intangible Assets | $13.50M | $13.50M | $13.50M | $13.50M | $13.50M | $14.15M | $15.19M | $16.41M | $18.66M | $21.30M |
| Goodwill and Intangible Assets | $13.50M | $13.50M | $13.50M | $13.50M | $120.16M | $120.81M | $121.85M | $123.07M | $125.32M | $127.96M |
| Long Term Investments | $- | $-379.36M | $-367.64M | $-362.14M | $425.00K | $341.00K | $351.00K | $-235.14M | $- | $-21.94M |
| Tax Assets | $434.49M | $379.36M | $367.64M | $362.14M | $316.74M | $173.10M | $146.46M | $235.14M | $- | $21.94M |
| Other Non-Current Assets | $122.23M | $114.34M | $109.94M | $133.66M | $-134.72M | $12.11M | $46.82M | $132.72M | $90.66M | $96.22M |
| Total Non-Current Assets | $3.00B | $2.46B | $2.62B | $2.86B | $3.25B | $2.49B | $2.16B | $1.91B | $1.77B | $1.90B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $4.17B | $4.14B | $4.63B | $3.98B | $4.13B | $3.20B | $2.86B | $2.71B | $2.51B | $2.60B |
| Account Payables | $199.22M | $196.01M | $114.40M | $112.00M | $148.75M | $143.15M | $140.81M | $116.51M | $101.31M | $97.26M |
| Short Term Debt | $137.24M | $151.48M | $200.40M | $218.76M | $158.35M | $101.10M | $59.47M | $58.90M | $74.44M | $156.35M |
| Tax Payables | $5.28M | $3.75M | $3.77M | $3.45M | $6.26M | $- | $- | $- | $- | $12.58M |
| Deferred Revenue | $633.35M | $590.80M | $631.16M | $533.70M | $606.68M | $603.74M | $545.36M | $482.50M | $430.77M | $424.34M |
| Other Current Liabilities | $170.32M | $178.29M | $161.28M | $136.63M | $155.17M | $158.15M | $147.59M | $172.21M | $160.26M | $129.34M |
| Total Current Liabilities | $1.15B | $1.12B | $1.11B | $1.00B | $1.08B | $1.01B | $891.92M | $830.12M | $769.80M | $819.86M |
| Long Term Debt | $1.90B | $2.01B | $2.23B | $1.66B | $1.20B | $608.68M | $310.21M | $497.91M | $678.16M | $915.23M |
| Deferred Revenue Non-Current | $308.50M | $318.37M | $296.48M | $201.24M | $175.22M | $163.62M | $220.79M | $355.97M | $372.70M | $34.76M |
| Deferred Tax Liabilities Non-Current | $500.41M | $130.40M | $186.80M | $216.64M | $289.56M | $167.77M | $174.34M | $170.54M | $136.62M | $41.63M |
| Other Non-Current Liabilities | $652.39M | $230.43M | $239.16M | $296.64M | $301.03M | $302.45M | $95.64M | $700.12M | $615.69M | $445.75M |
| Total Non-Current Liabilities | $2.93B | $2.69B | $2.95B | $2.37B | $1.97B | $1.24B | $1.00B | $1.20B | $1.29B | $1.42B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $4.07B | $3.81B | $4.06B | $3.38B | $3.04B | $2.25B | $1.89B | $2.03B | $2.06B | $2.24B |
| Preferred Stock | $- | $- | $- | $- | $- | $140.00K | $- | $- | $- | $- |
| Common Stock | $518.00K | $514.00K | $512.00K | $481.00K | $461.00K | $485.00K | $512.00K | $534.00K | $534.00K | $545.00K |
| Retained Earnings | $-119.74M | $140.76M | $380.84M | $525.61M | $1.05B | $912.20M | $913.95M | $656.15M | $420.71M | $238.07M |
| Accumulated Other Comprehensive Income Loss | $-79.15M | $-95.17M | $-81.84M | $-114.53M | $-103.88M | $-93.14M | $-75.26M | $-103.49M | $-99.28M | $-122.81M |
| Other Total Stockholders Equity | $293.80M | $287.16M | $269.57M | $188.59M | $135.65M | $128.45M | $126.74M | $127.27M | $124.09M | $251.43M |
| Total Stockholders Equity | $95.42M | $333.26M | $569.09M | $600.16M | $1.08B | $947.99M | $965.94M | $680.45M | $446.06M | $367.23M |
| Total Equity | $95.42M | $333.26M | $569.09M | $600.16M | $1.08B | $947.99M | $965.94M | $680.45M | $446.06M | $367.23M |
| Total Liabilities and Stockholders Equity | $4.17B | $4.14B | $4.63B | $3.98B | $4.13B | $3.20B | $2.86B | $2.71B | $2.51B | $2.60B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.17B | $4.14B | $4.63B | $3.98B | $4.13B | $3.20B | $2.86B | $2.71B | $2.51B | $2.60B |
| Total Investments | $755.22M | $767.83M | $1.24B | $354.78M | $245.60M | $232.24M | $269.30M | $284.07M | $278.55M | $260.12M |
| Total Debt | $2.04B | $2.16B | $2.43B | $1.88B | $1.36B | $709.78M | $570.67M | $556.81M | $772.14M | $1.05B |
| Net Debt | $1.87B | $1.93B | $1.94B | $1.37B | $989.10M | $441.20M | $379.72M | $230.82M | $490.64M | $785.55M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-260.49M | $-240.08M | $-144.77M | $-510.94M | $223.98M | $233.20M | $364.04M | $235.43M | $182.65M | $68.93M |
| Depreciation and Amortization | $133.62M | $136.17M | $138.30M | $151.66M | $159.36M | $140.44M | $113.85M | $109.36M | $106.82M | $97.61M |
| Deferred Income Tax | $-69.84M | $-52.20M | $-41.62M | $-72.19M | $124.07M | $35.43M | $-14.79M | $36.37M | $102.45M | $43.08M |
| Stock Based Compensation | $9.16M | $7.91M | $8.64M | $4.94M | $8.25M | $5.35M | $7.29M | $8.42M | $6.62M | $6.68M |
| Change in Working Capital | $35.07M | $57.66M | $259.05M | $-45.83M | $-35.82M | $109.16M | $-73.03M | $53.91M | $46.05M | $68.50M |
| Accounts Receivables | $79.87M | $-20.97M | $-25.36M | $29.85M | $-24.76M | $21.13M | $-40.78M | $-18.96M | $-1.85M | $-5.80M |
| Inventory | $-29.04M | $-5.82M | $-1.56M | $-1.07M | $-8.77M | $-4.70M | $-21.96M | $-5.26M | $-4.32M | $-1.44M |
| Accounts Payables | $-13.18M | $92.81M | $5.79M | $-49.47M | $6.24M | $2.93M | $21.96M | $12.30M | $44.00K | $7.47M |
| Other Working Capital | $-2.58M | $-8.35M | $280.19M | $-25.15M | $-8.54M | $89.80M | $-32.25M | $65.82M | $52.18M | $68.27M |
| Other Non Cash Items | $-7.52M | $32.79M | $31.74M | $161.64M | $5.29M | $-15.07M | $-66.22M | $-26.11M | $31.45M | $15.63M |
| Net Cash Provided by Operating Activities | $-160.00M | $-57.75M | $251.34M | $-310.71M | $485.14M | $508.51M | $331.13M | $417.39M | $476.03M | $300.43M |
| Investments in Property Plant and Equipment | $-290.18M | $-47.53M | $-39.26M | $-105.31M | $-397.42M | $-486.78M | $-341.51M | $-178.84M | $-118.83M | $-442.23M |
| Acquisitions Net | $21.09M | $12.18M | $755.00K | $- | $9.60M | $46.71M | $941.00K | $16.00K | $105.41M | $- |
| Purchases of Investments | $-327.74M | $-859.83M | $-1.86B | $-395.79M | $-312.77M | $-210.84M | $-231.39M | $-260.99M | $-257.45M | $-458.59M |
| Sales Maturities of Investments | $750.08M | $880.16M | $958.24M | $288.34M | $301.66M | $247.42M | $244.26M | $253.85M | $236.06M | $197.05M |
| Other Investing Activities | $443.43M | $32.51M | $-897.04M | $114.00M | $-6.28M | $133.71M | $33.94M | $31.87M | $-500.00K | $16.95M |
| Net Cash Used for Investing Activities | $153.25M | $-15.02M | $-936.30M | $-98.77M | $-405.21M | $-316.48M | $-294.71M | $-154.10M | $-35.31M | $-686.82M |
| Debt Repayment | $-66.65M | $-184.31M | $639.98M | $523.44M | $118.76M | $18.25M | $-61.49M | $-215.45M | $-400.80M | $210.43M |
| Common Stock Issued | $- | $- | $68.13M | $41.20M | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $-7.51M | $-68.77M | $-102.50M | $-100.00M | $-13.76M | $-40.14M | $- |
| Dividends Paid | $- | $- | $- | $-5.51M | $-22.77M | $-24.17M | $-6.26M | $- | $- | $- |
| Other Financing Activities | $-2.70M | $-4.13M | $-24.96M | $-5.55M | $-2.67M | $-6.99M | $-7.72M | $10.42M | $17.63M | $16.66M |
| Net Cash Used Provided by Financing Activities | $-69.36M | $-188.43M | $683.15M | $546.06M | $24.55M | $-115.41M | $-175.47M | $-218.80M | $-423.31M | $227.09M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-76.10M | $-261.21M | $-1.81M | $136.58M | $104.48M | $76.62M | $-139.04M | $44.49M | $17.41M | $-159.30M |
| Cash at End of Period | $170.52M | $246.62M | $507.83M | $509.64M | $373.06M | $268.58M | $191.95M | $325.99M | $281.50M | $264.09M |
| Cash at Beginning of Period | $246.62M | $507.83M | $509.64M | $373.06M | $268.58M | $191.95M | $330.99M | $281.50M | $264.09M | $423.38M |
| Operating Cash Flow | $-160.00M | $-57.75M | $251.34M | $-310.71M | $485.14M | $508.51M | $331.13M | $417.39M | $476.03M | $300.43M |
| Capital Expenditure | $-290.18M | $-47.53M | $-39.26M | $-105.31M | $-397.42M | $-486.78M | $-341.51M | $-178.84M | $-118.83M | $-442.23M |
| Free Cash Flow | $-450.18M | $-105.28M | $212.07M | $-416.02M | $87.72M | $21.73M | $-10.38M | $238.55M | $357.20M | $-141.80M |