HA Sustainable Infrastructure Capital, Inc.

HA Sustainable Infrastructure Capital, Inc.

HASI
HA Sustainable Infrastructure Capital, Inc.US flagNew York Stock Exchange
38.37
USD
+0.02
- -
4.90BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.91
1.39
1.05
1.04
1.25
1.6
2.21
1.97
2.72
2.7
3.14
3.32
3.26
3.42
Basic EPS, GAAP
-0.67
0.47
0.26
0.36
0.61
0.79
1.28
1.14
1.58
0.47
1.45
1.72
1.49
0.43
Free Cash Flow per Basic Share
-0.69
0.25
0.6
1.41
0.23
1.11
0.46
1.01
0.17
- -
0.98
0.05
1.36
1.76
Dividend per Share
0.45
0.67
1.03
1.23
1.35
1.34
1.35
1.38
1.42
1.51
1.57
1.66
1.71
1.73
Book Value per Share
-0.87
-1.2
-1.7
-2.28
-2.6
-3.08
-2.65
-2.81
-2.41
-3.25
-2.97
-2.56
-2.62
-3.59
Tangible Book Value per Share
9.58
12.15
13.17
14.25
12.76
15.24
14.71
16.72
19.58
19.03
21.03
20.81
21.61
20.28
Basic Weighted Avg Shares
16
21
31
40
50
53
64
72
80
88
102
116
123
125
Sales/Revenue/Turnover
14
29
32
42
63
85
142
143
218
236
320
384
401
428
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.04
12.94
6.76
-6.79
-10.88
Depreciation Expense
1
3
4
8
4
5
4
4
4
4
3
1
1
1
Net Income, GAAP
-10
10
8
15
31
42
82
82
127
42
149
200
185
56
Effective Tax Rate (%)
- -
0.27
1.45
0.95
2.77
4.88
8.99
- -
11.87
14.97
17.34
25.64
31.17
35.19
Profit Margin (%)
-73.29
33.57
24.72
34.83
49.13
49.1
57.64
57.76
58.1
17.59
46.53
52.15
46.08
13.08
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
1,820
2,180
2,575
2,842
3,148
LT Debt
337
635
911
975
1,428
1,242
1,393
2,189
2,493
2,545
3,089
3,890
4,492
5,002
Total Equity
151
274
432
574
643
805
940
1,210
1,567
1,665
2,142
2,405
2,658
2,535
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.28
0.67
0.32
-0.27
-0.42
Return on Capital (%)
- -
2
1.07
1.66
2.8
3.47
7.03
- -
5.83
1.63
4.9
5.59
4.36
1.27
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
832
271
1
LT Borrowings
3,966
4,492
5,002
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
126
128
128
Market Capitalization
3,715
3,864
4,594

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,987
3,880
3,814
Cash, Cash Equivalents & STI
302
110
124
Accounts Receivable, Net
3,094
3,280
3,252
Inventories
78
76
76
Total Current Liabilities
1,552
1,038
666
Payables & Accruals
721
767
664
ST Debt
832
271
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.28%
17.44%
10.51%
Free Cash Flow
4,635.6%
9,145.59%
2,759.14%
Net Income, GAAP
59.83%
54.33%
-7.74%
Sales/Revenue/Turnover
30.36%
24.18%
4.41%
Total Cash Common Dividend
21.52%
15.87%
8.95%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
106
95
82
109
384
2025
97
86
103
115
401
2026
124
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.09
0.23
-0.17
0.58
1.72
2025
0.47
0.81
0.66
-0.43
1.49
2026
-0.57
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
0.42
0.42
0.42
1.66
2025
0.42
0.43
0.43
0.43
1.71
2026
0.45
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Jeffrey A. Lipson
Full Time Employees
178
Sector
Financial Services
Industry
Financial - Diversified
Address
One Park Place Annapolis MD United States of America 21401
IPO Date
Apr 18, 2013
Website
hasi.com
Business
HA Sustainable Infrastructure Capital, Inc. (NYSE: HASI) is an investor in sustainable infrastructure assets that advance the energy transition through climate-positive investments across diversified asset classes. The company provides flexible capital solutions, including structured equity, mezzanine debt, receivables purchases, credit facilities, construction revolvers, land sale leasebacks, loans, and finance solutions for tax transferability; these support behind-the-meter distributed energy solutions such as on-site and near-site solar and storage systems for homes, commercial & industrial, municipal, public sector, community, and small-scale utility projects, as well as energy efficiency initiatives; grid-connected utility-scale clean energy projects encompassing solar farms, onshore wind parks, and grid-scale battery energy storage systems; and fuels, transport, and nature assets like renewable natural gas projects from landfills, organic waste, and wastewater facilities, clean transportation fleets, and ecological restoration efforts. HA Sustainable Infrastructure Capital, Inc. manages more than $15 billion in assets, primarily across the United States, leveraging deep expertise in energy markets, financial structuring, and programmatic client partnerships to deliver superior risk-adjusted returns and measurable environmental benefits via its proprietary CarbonCount scoring tool. Founded in 1981 and headquartered in Annapolis, Maryland, the company listed on the New York Stock Exchange in 2013 and changed its name from Hannon Armstrong Sustainable Infrastructure Capital, Inc. in June 2024. Recent developments include establishing a strategic partnership with KKR in 2024 to launch CarbonCount Holdings 1 (CCH1) with up to $2 billion in commitments for clean energy assets, including behind-the-meter, grid-connected, renewable natural gas, and transport projects; extending and upsizing bank facilities to $1.625 billion in early 2024 to strengthen its diversified funding platform; pricing a $500 million offering of green junior subordinated notes in November 2025; announcing record adjusted EPS of $0.80 and a new $1.2 billion investment in third quarter 2025 results; welcoming Nitya Gopalakrishnan as Chief Operating Officer in July 2025; and conducting cash tender offers for senior notes in June 2025, alongside pricing $1 billion of green senior unsecured notes.

Company News

APIChatGPT
  • HASI Announces Second Quarter 2026 Earnings Release Date and Conference Call

  • Is HASI Stock Worth Buying Now After Strong Gains and Mixed Signals

  • HA Sustainable Stock Outlook Turns on Yield, Liquidity, Policy Risks

  • HASI Rides Recurring Income and Energy Transition Finance Trends

  • HASI Prices $1 Billion of 5.950% Green Senior Unsecured Notes Due 2033

  • HA Sustainable Infrastructure Capital: Earnings Are Scaling - Valuation Hasn't Caught Up

  • HA Sustainable Infrastructure Capital Q1 Earnings Call Highlights

  • HA Sustainable Infrastructure Capital, Inc. (HASI) Q1 2026 Earnings Call Transcript

  • HA Sustainable Infrastructure Capital (HASI) Surpasses Q1 Earnings Estimates

  • HASI Announces Executive Appointments

  • HASI Announces First Quarter 2026 Results With 20% Y/Y Growth in Adjusted EPS and Record Adjusted ROE of 15.7%

  • CarbonCount Holdings 1 LLC to Issue $508 Million of 20-Year Fixed Rate Senior Unsecured Notes

  • HA Sustainable Infrastructure Capital (HASI) Earnings Expected to Grow: Should You Buy?

  • Rithm (RITM) Lags Q1 Earnings Estimates

  • Airfare data shows how ticket prices may jump if Spirit collapses

  • LendingClub (LC) Surpasses Q1 Earnings Estimates

  • Why HA Sustainable Infrastructure Capital (HASI) Could Beat Earnings Estimates Again

  • HASI Announces First Quarter 2026 Earnings Release Date and Conference Call

  • HA Sustainable Infrastructure Capital (HASI) Upgraded to Buy: Here's Why

  • IFS vs. HASI: Which Stock Is the Better Value Option?