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HA Sustainable Infrastructure Capital, Inc.

HASI

$40.64 ▲ +2.36 (+6.17%) at close

16 Visible periods

23 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Excellent

Bullish

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Analytical Summary

HA Sustainable Infrastructure Capital, Inc. shows strong fundamentals with top-quartile Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $5.0B

Dividend Yield —

Revenue Growth 4.4% ↘

Op. Margin —

ROIC —

FCF / Share $1.36 ↗

Trailing P/E 27.3x

Price / Book —

FCF Yield 3.4%

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

16-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$400.50M

↑ +4.4% —

Net Income Profit after all expenses

$184.55M

↓ -7.7% —

FCF / Share Free cash flow per share

$1.36

↑ +2586.5% —

Long-Term Debt Long-term obligations

$433.00M

↑ +0.7% —

trending_up

Bullish Indicators

Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability →

Cash Quality ↑

Dividend History

Dividend / share · sourced from SEC filings

$0.40 Latest / share

+5.3% YoY

+3.7% 6-yr CAGR

FY 2014

FY 2015

FY 2016

FY 2017

$0.33

FY 2018

$0.34

FY 2019

$0.34

FY 2020

$0.35

FY 2021

$0.38

FY 2022

$0.40

FY 2023

FY 2024

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗
Revenue Growth YoY (%)	4.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-27%)	19.9% Good → Good Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+232%)	33.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+457%)	12.5% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+108%)	14.0% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+134%)	32.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+434%)	1.6% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-74%)	32.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+434%)	30.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+400%)	38.4% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+540%)	105.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1650%)	688.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+11374%)	-79.0% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1417%)	140.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+2236%)	—	—
EPS Growth YoY (%)	-13.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	18.6% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	208.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-70.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	38.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-9.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	66.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	31.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	78.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	52.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-51.2% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—	—	—
Net Income Growth YoY (%)	-7.7% Weak ↓ Weak Declining Year-over-year change in net income	34.4% Excellent ↓ Excellent Declining Year-over-year change in net income	258.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-67.2% Weak ↓ Weak Declining Year-over-year change in net income	53.6% Excellent ↑ Excellent Improving Year-over-year change in net income	1.0% Caution ↓ Caution Declining Year-over-year change in net income	96.2% Excellent ↑ Excellent Improving Year-over-year change in net income	34.7% Excellent ↓ Excellent Declining Year-over-year change in net income	110.6% Excellent ↑ Excellent Improving Year-over-year change in net income	84.1% Excellent Excellent Year-over-year change in net income	-17.2% Weak Weak Year-over-year change in net income	N/M	N/M	N/M	—	—
FCF Growth YoY (%)	2586.5% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	-94.8% Weak ↓ Weak Declining Year-over-year change in free cash flow	37138.6% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-98.4% Weak ↓ Weak Declining Year-over-year change in free cash flow	-83.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	119.4% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	-58.6% Weak Weak Year-over-year change in free cash flow	378.8% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	18.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	21.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	19.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	19.2% Excellent → Excellent Stable Compound annual revenue growth over 3 years	15.2% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	21.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	20.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	33.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	54.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	181.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	50.3% Excellent Excellent Compound annual revenue growth over 3 years	58.4% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	16.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	22.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	18.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	17.8% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	21.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	26.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	37.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	107.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	43.6% Excellent Excellent Compound annual revenue growth over 5 years	62.4% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	46.9% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	3.1% Caution ↑ Caution Improving Compound annual EPS growth over 3 years	8.7% Fair → Fair Stable Compound annual EPS growth over 3 years	-27.8% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	27.9% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	25.6% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	57.5% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	52.9% Excellent Excellent Compound annual EPS growth over 3 years	9.9% Fair Fair Compound annual EPS growth over 3 years	—	—	—	—	—	—	—

💰 Are margins durable? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗
Effective Tax Rate (%) (%)	31.2% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.6% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.3% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-3.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.8% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.9% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	46.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+109%)	52.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+137%)	46.5% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+112%)	17.3% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	59.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+170%)	44.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+100%)	57.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+162%)	29.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+36%)	29.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+33%)	18.0% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-18%)	13.6% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	33.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+53%)	-288.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1410%)	22.0% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	-69.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-416%)	—
FCF Margin (%) (%)	41.8% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	1.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	31.2% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.2% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	39.2% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	20.8% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	42.2% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	11.1% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	-298.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	55.1% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	20.6% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.91x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.03x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.67x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.01x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.11x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.89x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.36x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.41x Good Good Free cash flow relative to reported net income Optimal: > 1x	0.38x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—	1.03x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	2.50x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	-0.30x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

⚖️ Is the balance sheet risky? 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗
Net Debt (USD)	$-110.22M	$-129.76M	$-62.63M	$277.29M	$203.80M	$306.75M	$693.79M	$813.58M	$1.15B	$662.57M	$-42.65M	$262.50M	$228.08M	$-20.95M	$-1.63M	$-5.28M

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗
Revenue per Share (USD)	$3.26	$3.32	$3.14	$2.74	$2.66	$2.58	$2.22	$2.64	$2.10	$2.02	$1.91	$1.39	$0.23	—	—	—
Basic EPS, GAAP (USD)	$1.49	$1.72	$1.45	$0.47	$1.57	$1.13	$1.25	$0.75	$0.57	$0.32	$0.21	$0.43	$-0.68	—	—	—
Free Cash Flow per Share (USD)	$1.36	$0.05	$0.98	$0.00	$0.17	$1.01	$0.46	$1.11	$0.23	—	—	—	$-0.69	—	—	—
Dividend per Share (USD)	—	—	$0.40	$0.38	$0.35	$0.34	$0.34	$0.33	—	—	—	—	—	—	—	—
Basic Weighted Avg Shares (shares)	122.98M	115.55M	101.84M	87.50M	79.99M	72.39M	63.92M	52.78M	50.36M	40.29M	30.76M	20.66M	15.72M	—	—	—
Dividend Payout Ratio (%)	—	—	27.2% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	79.8% Caution ↑ Caution Improving Dividends paid as a percentage of earnings Optimal: 30-60%	22.3% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	30.1% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	26.8% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	44.0% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗
LT Debt (USD)	—	—	—	$433.00M	$430.00M	$593.00M	$700.00M	$835.00M	$1.21B	$692.00M	—	$320.70M	$259.92M	—	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Sep 30, 2012 10-K ↗	FY 2011 Sep 30, 2011 10-K ↗	FY 2010 Sep 30, 2010 10-K ↗
Sales/Revenue/Turnover (USD)	$400.50M	$383.60M	$319.87M	$239.74M	$213.17M	$186.91M	$141.58M	$139.40M	$105.57M	$81.20M	$58.68M	$28.62M	$3.63M	$17.29M	$7.20M	—
Depreciation Expense (USD)	$780.00K	$1.00M	$3.13M	$3.99M	$3.80M	$3.58M	$3.59M	$4.53M	$13.17M	$7.66M	$3.95M	$522.00K	—	—	—	—
Net Income, GAAP (USD)	$184.55M	$200.04M	$148.84M	$41.50M	$126.58M	$82.42M	$81.56M	$41.58M	$30.86M	$14.65M	$7.96M	$9.61M	$-10.46M	$3.80M	$-5.01M	—
Operating Cash Flow (USD)	$167.32M	$5.85M	$99.69M	$230.00K	$13.31M	$73.28M	$29.49M	$58.79M	$11.72M	—	—	—	$-10.75M	$9.73M	$1.53M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 16 years · 58 quarters

HA Sustainable Infrastructure Capital, Inc.

Analytical Summary

16-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

Statement lens

Benchmark Lens

Signals

Percentile Rankings

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