HA Sustainable Infrastructure Capital (HASI)
NYSE Market Closed
HA Sustainable Infrastructure Capital, Inc. is an investment company focused on financing assets that support the energy transition and broader sustainable infrastructure market. The company deploys capital into projects that are expected to generate recurring cash flows, typically backed by long-term contracts, established counterparties, or essential infrastructure characteristics. Its strategy gives investors exposure to the buildout of cleaner power, energy efficiency, grid resilience, and other climate-aligned assets without operating those assets directly.
The company, formerly widely known as Hannon Armstrong, works with project developers, asset owners, and corporate or public-sector customers that need capital for infrastructure tied to decarbonisation. Its investments can include interests in renewable energy projects, distributed energy systems, efficiency upgrades, storage, and related infrastructure. Rather than focusing on a single technology, HA Sustainable Infrastructure Capital aims to build a diversified portfolio across the energy transition, balancing yield, risk, and long-term growth potential.
Revenue and earnings are driven by net investment income, equity method income from project interests, gains on asset sales, and recurring fees from asset management activities. The model depends on disciplined underwriting, access to capital markets, and the ability to structure investments that match the cash-flow profile of sustainable infrastructure assets. What distinguishes the company is its role as a specialist capital provider in a sector where large amounts of private investment are needed. It connects institutional capital with real assets that are designed to reduce emissions, improve energy productivity, or modernise critical infrastructure.
Last updated
- Market Cap
- 4.89B
- P/E
- 86.32
- P/FCF
- —
- P/S
- 107.26
- Enterprise Value
- 10.15B
- Sector
- Financials
- Industry
- Investors, Not Elsewhere Classified
- Address
- ONE PARK PLACE, SUITE 200, ANNAPOLIS, MD, 21401
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 4.89B
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 10.15B
- P/E
P/E ratio compares a company's share price to its earnings per share.
- 86.32
- P/B
P/B ratio compares a company's share price to its book value per share.
- 2
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 107.26
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -120.57
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 222.57
- EPS
- 0.44
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 4.42%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 22.24
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- —
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 2.32%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- 0.69%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 2.2
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 9.53
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 9.53
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.31
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 1.12M
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 38.29
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 18.79M | 17.65M | 9.19M | — | 11.8M |
| Gross profit | 18.79M | 17.65M | 9.19M | — | 11.8M |
| Operating income | -26.89M | -4.91M | -27.55M | -25.67M | -22.56M |
| EBITDA | -26.71M | -4.73M | -27.37M | -25.42M | -22.4M |
| Net income | -72.6M | -51.65M | 82.5M | 98.45M | 56.1M |
| Basic EPS | -0.57 | -0.45 | 0.66 | 0.8 | 0.47 |
| Diluted EPS | -0.57 | -0.38 | 0.61 | 0.74 | 0.44 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 8.2B | 8.19B | 8.2B | 7.6B | 7.48B |
| Total liabilities | 5.67B | 5.53B | 5.52B | 5.01B | 5.01B |
| Total equity | 2.53B | 2.66B | 2.69B | 2.59B | 2.47B |
| Cash & equivalents | 124.5M | 110.22M | 301.82M | 86.51M | 67.39M |
| Current assets | 3.81B | 3.88B | 3.91B | 3.43B | 3.39B |
| Current liabilities | 400.39M | 730.48M | 999.57M | 648.27M | 713.01M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | 15.61M | 246.67M | -121.81M | 79.57M | -37.12M |
| Investing cash flow | -184.14M | -344.84M | -126.83M | -60.5M | -323.67M |
| Financing cash flow | 174.35M | -75.3M | 463.51M | 1.09M | 294.28M |
| Change in cash | 5.83M | -173.47M | 214.88M | 20.16M | -66.51M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Brenner Teresa | View Filing | |
| form 4 | Form 4 — Brenner Teresa | View Filing | |
| form 4 | Form 4 — Reed Kimberly A. | View Filing | |
| form 4 | Form 4 — Welch Barry Edward | View Filing | |
| form 4 | Form 4 — Schulte Laura Ann | View Filing | |
| form 4 | Form 4 — Floyd Nancy C | View Filing | |
| form 4 | Form 4 — Floyd Nancy C | View Filing | |
| form 4 | Form 4 — Armbrister Clarence D | View Filing | |
| form 4 | Form 4 — Armbrister Clarence D | View Filing | |
| form 4 | Form 4 — Eckel Jeffrey | View Filing | |
| form 4 | Form 4 — Eckel Jeffrey | View Filing | |
| form 4 | Form 4 — Eckel Jeffrey | View Filing | |
| form 4 | Form 4 — Eckel Jeffrey | View Filing | |
| form 4 | Form 4 — Eckel Jeffrey | View Filing | |
| form 4 | Form 4 — Eckel Jeffrey | View Filing | |
| form 4 | Form 4 — OSGOOD STEVEN G | View Filing | |
| form 4 | Form 4 — OSGOOD STEVEN G | View Filing | |
| form 4 | Form 4 — ARDISANA LIZABETH A | View Filing | |
| form 4 | Form 4 — ARDISANA LIZABETH A | View Filing | |
| edgar index | 3 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 3 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 3 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| form 3 | Form 3 — Shapiro Daniela | View Filing | |
| form 3 | Form 3 — Haile-Mariam Amanuel | View Filing | |
| form 3 | Form 3 — Haile-Mariam Amanuel | View Filing | |
| form 3 | Form 3 — Reynolds Ann Marie | View Filing | |
| form 3 | Form 3 — Reynolds Ann Marie | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| form 4 | Form 4 — Whicher Michelle | View Filing | |
| form 4 | Form 4 — Whicher Michelle | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| form 4 | Form 4 — Pangburn Marc T. | View Filing | |
| form 4 | Form 4 — Pangburn Marc T. | View Filing | |
| edgar index | 10-Q — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 8-K — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 3 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| form 4 | Form 4 — Freer-Greene Christy Ledet | View Filing | |
| edgar index | SCHEDULE 13G — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | SCHEDULE 13G — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | DEF 14A — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | DEFA14A — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | ARS — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 8-K — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G/A — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 10-K/A — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| form 4 | Form 4 — Whicher Michelle | View Filing | |
| form 4 | Form 4 — Whicher Michelle | View Filing | |
| form 4 | Form 4 — Viral Amin A | View Filing | |
| form 4 | Form 4 — Viral Amin A | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 4 — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| edgar index | 8-K — HA Sustainable Infrastructure Capital, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — HA Sustainable Infrastructure Capital, Inc. | View Filing |