HASI
HA Sustainable Infrastructure Capital, Inc.
$37.82
+0.50
(+1.34%)
Mkt Cap
4.83B
Volume
568,724
52W Range
24.38-44.13
Sector
Financial Services
Beta
1.42
EPS (TTM)
0.46
P/E Ratio
82.22
Revenue (TTM)
710.03M
Rev Growth (5Y)
+11.3%
EPS Growth (5Y)
+5.7%
AlphaVal · Fair Value
What we estimate one share is worth
$23.57
Overvalued
strong signal
60.4% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B-
Banks, Insurers & Asset Managers
66.7 / 100 composite
A bank, insurer or asset manager — graded A–F vs. similar companies.
Company Description
HA Sustainable Infrastructure Capital, Inc. (HASI) specializes in providing financial capital and making investments in initiatives that address climate change. The company funnels its resources into projects and assets developed by businesses operating in the renewable energy, energy efficiency, and wider sustainable infrastructure sectors. HASI's investment strategy specifically targets areas such as Behind the Meter solutions, Grid-Connected projects, alternative Fuels, sustainable Transport, and Nature-based climate initiatives. The firm was established on November 7, 2012, and operates from its main office in Annapolis, MD.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 400.50M | 631.47M | 460.85M | 271.03M | 339.59M | 234.87M | 205.75M | 161.56M | 128.28M | 87.31M | 58.58M | 45.27M |
| Net Income | 184.55M | 200.04M | 148.84M | 41.50M | 126.58M | 82.42M | 81.56M | 41.58M | 30.86M | 14.65M | 7.96M | 9.61M |
| EPS | 1.49 | 1.72 | 1.45 | 0.47 | 1.57 | 1.13 | 1.25 | 0.75 | 0.57 | 0.32 | 0.21 | 0.43 |
| Free Cash Flow | 226.73M | 5.85M | 99.69M | 230,000 | 13.31M | 73.28M | 29.49M | 58.79M | 11.72M | 56.85M | 18.52M | 5.12M |
| FCF / Share | 1.84 | 0.05 | 0.98 | 0.00 | 0.17 | 1.01 | 0.46 | 1.11 | 0.23 | 1.41 | 0.60 | 0.25 |
| Operating CF | 226.73M | 5.85M | 99.69M | 230,000 | 13.31M | 73.28M | 29.49M | 58.79M | 11.72M | 56.85M | 18.52M | 5.12M |
| Total Assets | 8.19B | 7.08B | 6.55B | 4.76B | 4.15B | 3.46B | 2.39B | 2.15B | 2.25B | 1.75B | 1.47B | 1.01B |
| Total Debt | 5.08B | 4.40B | 4.25B | 2.98B | 2.49B | 2.19B | 1.39B | 1.24B | 1.43B | 975.44M | 911.14M | 636.52M |
| Cash & Equiv | 145.22M | 129.76M | 62.63M | 155.71M | 226.20M | 286.25M | 6.21M | 21.42M | 57.27M | 29.43M | 42.65M | 58.20M |
| Book Value | 2.57B | 2.34B | 2.09B | 1.63B | 1.54B | 1.20B | 936.48M | 801.10M | 639.18M | 570.61M | 428.19M | 269.30M |
| Return on Equity | 0.07 | 0.09 | 0.07 | 0.03 | 0.08 | 0.07 | 0.09 | 0.05 | 0.05 | 0.03 | 0.02 | 0.04 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 124.23M | 114.81M | 227.62M | 243.37M | 184.93M | 187.16M | 58.56M | 121.39M | 264.37M | 200.13M | 92.61M | 76.59M |
| Net Income | (71.97M) | (53.77M) | 83.26M | 98.44M | 56.61M | 70.09M | (19.62M) | 26.54M | 123.03M | 89.76M | 21.45M | 13.52M |
| EPS | -0.57 | -0.43 | 0.66 | 0.80 | 0.47 | 0.59 | -0.17 | 0.23 | 1.08 | 0.80 | 0.20 | 0.14 |
| Free Cash Flow | 21.82M | 253.83M | (121.81M) | 79.57M | (37.12M) | (12.20M) | 21.94M | (24.82M) | 20.93M | 7.35M | 26.61M | 16.92M |
| FCF / Share | 0.17 | 2.01 | -0.98 | 0.65 | -0.31 | -0.10 | 0.19 | -0.22 | 0.19 | 0.07 | 0.25 | 0.17 |
| Operating CF | 21.82M | 253.83M | (121.81M) | 79.57M | (37.12M) | (12.20M) | 21.94M | (24.82M) | 20.93M | 7.35M | 26.61M | 16.92M |
| Total Assets | 8.20B | 8.19B | 8.20B | 7.60B | 7.48B | 7.08B | 6.67B | 6.66B | 6.73B | 6.55B | 5.91B | 5.38B |
| Total Debt | 5.35B | 5.08B | 5.19B | 4.72B | 4.72B | 4.40B | 4.13B | 4.11B | 4.25B | 4.25B | 3.66B | 3.27B |
| Cash & Equiv | 151.50M | 145.22M | 301.82M | 86.51M | 67.39M | 129.76M | 44.05M | 145.69M | 61.42M | 62.63M | 155.50M | 126.91M |
| Book Value | 2.44B | 2.57B | 2.60B | 2.51B | 2.39B | 2.34B | 2.26B | 2.26B | 2.22B | 2.09B | 2.05B | 1.95B |
| Return on Equity | -0.03 | -0.02 | 0.03 | 0.04 | 0.02 | 0.03 | -0.01 | 0.01 | 0.06 | 0.04 | 0.01 | 0.01 |
HASI News
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%