Hannon Armstrong Sustainable Infrastructure Capital Inc

HASI · NYSE · Financial Services / Asset Management

38.80USD-0.06 (-0.15%)

Price History

Full chart

Market Stats

Previous Close38.86

Open39.00

Day Range38.56 – 39.21

52-Week Range26.33 – 43.64

Volume592.33K

Market Cap4.65B

P/E (TTM)55.63

Forward P/E11.06

EPS0.65

Dividend Yield4.69%

Beta1.42

50-Day Avg38.97

200-Day Avg37.65

About

HA Sustainable Infrastructure Capital, Inc., through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, receivables, and debt securities. It invests in climate solutions, including Behind-the-Meter that distributes energy projects which reduce energy cost or usage that distributes energy projects which reduce energy; Grid-Connected, a renewable energy projects that deploy cleaner energy sources, such as solar, solar-plus-storage, and wind, to generate cleaner, lower cost energy; and Fuels, Transport, and Nature, a range of infrastructure assets that are designed to reduce emissions and/or provide environmental benefits in projects beyond the power grid, such as transportation and fuels, including renewable natural gas (RNG) plants, transportation fleet enhancements, and ecological restoration, and other projects. The company was formerly known as Hannon Armstrong Sustainable Infrastructure Capital, Inc. and changed its name to HA Sustainable Infrastructure Capital, Inc. in June 2024. HA Sustainable Infrastructure Capital, Inc. was founded in 1981 and is headquartered in Annapolis, Maryland.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Jeffrey A. Lipson
Employees170
HeadquartersOne Park Place, Annapolis, MD, United States, 21401, USA
Websitehttps://www.hasi.com

Leadership

Mr. Jeffrey A. LipsonPresident, CEO & Director · b. 1968
Mr. Charles W. MelkoTreasurer, Senior MD & CFO · b. 1981
Ms. Nitya GopalakrishnanSenior MD & COO · b. 1972
Mr. Steven L. ChusloStrategic Advisor · b. 1958
Ms. Susan D. Nickey C.F.A., CFASenior MD & Chief Client Officer · b. 1961
Mr. Amanuel Haile-MariamSenior Managing Director & Co-Chief Investment Officer · b. 1980
Ms. Annmarie ReynoldsSenior Managing Director & Co-Chief Investment Officer · b. 1970
Ms. Michelle E. WhicherSenior MD & Chief Accounting Officer · b. 1986
Aaron ChewHead of IR
Ms. Christy L. Freer-GreeneSenior MD & Chief Legal Officer

Financials

Income Statement

Currency: USD	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	369.54K	1.95M	25.25M	24.09M	45.27M	58.58M	87.31M	128.28M	161.56M	205.75M	234.87M	339.59M	271.03M	460.85M	631.47M	400.50M
Growth (%)	-	+428.49%	+1193.09%	-4.63%	+87.97%	+29.39%	+49.04%	+46.92%	+25.95%	+27.36%	+14.15%	+44.59%	-20.19%	+70.04%	+37.03%	-36.58%
Cost of Revenue	369.54K	15.98M	9.85M	9.81M	16.66M	26.39M	45.24M	65.47M	76.87M	64.24M	92.18M	121.70M	115.56M	171.01M	242.36M	292.40M
Gross Profit	15.34M	1.95M	15.40M	14.27M	28.62M	32.20M	42.07M	62.80M	84.68M	141.51M	142.69M	217.88M	155.47M	289.84M	389.11M	108.10M
Gross Margin	4150.15%	100.00%	60.99%	59.25%	63.21%	54.96%	48.18%	48.96%	52.42%	68.78%	60.75%	64.16%	57.36%	62.89%	61.62%	26.99%
Operating Expense	1.26M	8.92M	11.60M	27.16M	18.82M	24.04M	27.17M	30.88M	40.74M	51.50M	62.71M	73.38M	106.18M	107.46M	115.28M	135.28M
Operating Income	14.08M	-6.96M	3.80M	-12.88M	9.80M	8.15M	14.90M	31.92M	43.94M	90.02M	79.98M	144.50M	49.29M	182.38M	273.83M	-27.18M
Operating Margin	3810.29%	-356.63%	15.06%	-53.50%	21.64%	13.92%	17.06%	24.88%	27.20%	43.75%	34.05%	42.55%	18.19%	39.57%	43.36%	-6.79%
EBITDA	17.84M	-3.70M	4.24M	-11.79M	12.43M	12.10M	22.55M	35.47M	48.47M	93.61M	83.56M	148.31M	53.28M	185.50M	274.83M	-26.40M
EBITDA Margin	4827.70%	-189.30%	16.81%	-48.93%	27.45%	20.66%	25.83%	27.65%	30.00%	45.50%	35.58%	43.67%	19.66%	40.25%	43.52%	-6.59%
Net Income	14.08M	-5.01M	3.80M	-10.46M	9.61M	7.96M	14.65M	30.86M	41.58M	81.56M	82.42M	126.58M	41.50M	148.84M	200.04M	184.55M
Net Income Margin	3810.29%	-256.63%	15.06%	-43.42%	21.22%	13.58%	16.78%	24.05%	25.74%	39.64%	35.09%	37.27%	15.31%	32.30%	31.68%	46.08%
R&D	-	-	-	0	0	0	0.18	0.3	0.32	0.64	0.43	0.68	0.21	0.57	-	-
R&D as % of Total Revenue	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	369.54K	295.00K	9.85M	9.81M	16.66M	26.39M	45.24M	65.47M	76.87M	64.24M	92.18M	121.70M	115.56M	171.01M	242.36M	292.40M
Interest Expense % of Total Revenue	100.00%	15.10%	39.01%	40.75%	36.79%	45.04%	51.82%	51.04%	47.58%	31.22%	39.25%	35.84%	42.64%	37.11%	38.38%	73.01%

Balance Sheet

Currency: USD	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	174.59M	232.46M	571.43M	1.01B	1.47B	1.75B	2.25B	2.15B	2.39B	3.46B	4.15B	4.76B	6.55B	7.08B	8.19B
Total Liabilities	-	158.31M	213.30M	420.81M	734.64M	1.04B	1.17B	1.61B	1.35B	1.45B	2.25B	2.58B	3.10B	4.41B	4.68B	5.53B
Total Equity	-	16.29M	19.16M	146.53M	269.30M	432.11M	574.34M	639.18M	801.10M	939.91M	1.20B	1.54B	1.63B	2.14B	2.34B	2.57B
Cash	-	1.63M	20.95M	31.85M	58.20M	42.65M	29.43M	57.27M	21.42M	6.21M	286.25M	226.20M	155.71M	62.63M	129.76M	145.22M
Total Debt	-	155.07M	204.88M	337.04M	636.52M	959.14M	975.44M	1.43B	1.24B	1.39B	2.19B	2.49B	2.98B	4.23B	4.40B	5.08B
Net Debt	-	153.44M	183.93M	305.19M	576.75M	868.50M	946.01M	1.37B	1.22B	1.39B	1.90B	2.27B	2.82B	-62.63M	4.27B	4.93B

Cash Flow

Currency: USD	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	7.24M	1.53M	9.73M	-10.75M	5.12M	18.52M	56.85M	11.72M	58.79M	29.49M	73.28M	13.31M	230.00K	99.69M	5.85M	167.32M
Investing Cash Flow	-3.88M	8.20M	-40.23M	-229.29M	-357.20M	-349.05M	-190.63M	-297.88M	50.80M	-201.14M	-831.65M	-703.40M	-592.11M	-1.99B	-131.19M	-855.83M
Financing Cash Flow	-8.10M	-13.38M	49.81M	263.87M	340.51M	339.60M	113.70M	345.20M	-168.42M	218.88M	962.12M	630.84M	516.78M	1.79B	200.41M	683.58M
Capital Expenditure	0	52.00K	216.95K	65.00K	27.62M	43.99M	17.69M	170.98M	27.55M	0	0	0	0	0	0	0
Free Cash Flow	7.24M	1.48M	9.73M	-10.75M	5.12M	18.52M	56.85M	11.72M	58.79M	29.49M	73.28M	13.31M	230.00K	99.69M	5.85M	167.32M
Dividends Paid	-	227.00K	12.75M	6.93M	13.86M	31.59M	49.48M	68.23M	70.99M	86.41M	99.87M	113.51M	132.20M	159.79M	192.27M	209.78M
FCF to OCF	100.00%	96.61%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	15.34%	130.94%	-64.49%	270.62%	170.59%	87.03%	582.35%	120.74%	293.01%	136.28%	852.88%	57477.39%	160.28%	3285.53%	125.38%

Earnings

Report Date	May 23, 2013	Aug 8, 2013	Nov 7, 2013	Feb 27, 2014	May 12, 2014	Aug 11, 2014	Nov 5, 2014	Mar 3, 2015	May 6, 2015	Aug 6, 2015	Nov 4, 2015	Feb 25, 2016	May 4, 2016	Aug 3, 2016	Nov 2, 2016	Feb 23, 2017	May 2, 2017	Aug 2, 2017	Nov 1, 2017	Feb 21, 2018	May 3, 2018	Aug 2, 2018	Nov 1, 2018	Feb 21, 2019	May 1, 2019	Aug 1, 2019	Oct 30, 2019	Feb 20, 2020	May 7, 2020	Aug 6, 2020	Nov 5, 2020	Feb 18, 2021	May 4, 2021	Aug 5, 2021	Nov 4, 2021	Feb 17, 2022	May 3, 2022	Aug 4, 2022	Nov 3, 2022	Feb 16, 2023	May 4, 2023	Aug 3, 2023	Nov 2, 2023	Feb 15, 2024	May 7, 2024	Aug 1, 2024	Nov 7, 2024	Feb 13, 2025	May 7, 2025	Aug 7, 2025	Nov 6, 2025	Feb 12, 2026	May 7, 2026	Aug 6, 2026	Nov 5, 2026
EPS Estimate	-0.01	0.01	0.14	0.22	0.21	0.21	0.23	0.24	0.27	0.26	0.27	0.28	0.29	0.30	0.29	0.30	0.32	0.32	0.33	0.32	0.31	0.33	0.33	0.31	0.32	0.34	0.35	0.37	0.37	0.31	0.31	0.34	0.39	0.39	0.41	0.41	0.48	0.50	0.49	0.49	0.53	0.53	0.53	0.58	0.57	0.57	0.56	0.59	0.63	0.55	0.69	0.66	0.69	0.67	0.69
EPS Actual	-0.07	0.07	0.14	0.22	0.20	0.22	0.22	0.27	0.27	0.26	0.26	0.25	0.32	0.32	0.29	0.29	0.32	0.34	0.31	0.31	0.27	0.39	0.36	0.37	0.33	0.30	0.38	0.40	0.44	0.40	0.36	0.37	0.43	0.57	0.41	0.47	0.52	0.60	0.49	0.47	0.53	0.53	0.62	0.53	0.68	0.63	0.52	0.62	0.64	0.56	0.80	0.67	0.77	0.71	-
Surprise	-637.00%	600.00%	0.00%	0.00%	-4.76%	4.76%	-4.35%	12.50%	0.00%	0.00%	-3.70%	-10.71%	10.34%	6.67%	0.00%	-3.33%	0.00%	6.25%	-6.06%	-3.13%	-12.90%	18.18%	9.09%	19.35%	3.13%	-11.76%	8.57%	8.11%	18.92%	29.03%	16.13%	8.82%	10.26%	46.15%	0.00%	14.63%	8.33%	20.00%	0.00%	-4.08%	0.00%	0.00%	16.98%	-8.62%	19.30%	10.53%	-7.14%	5.08%	1.59%	1.82%	15.94%	1.52%	11.59%	5.97%	-
Timing	-	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap4.65B

Enterprise Value9.83B

Trailing P/E55.63

Forward P/E11.06

PEG Ratio1.11

Price / Sales36.49

Price / Book1.83

EPS0.65

Book Value19.96

Revenue (TTM)127.34M

Gross Profit (TTM)127.34M

Profit Margin67.65%

Operating Margin22.21%

Return on Equity3.37%

Return on Assets1.07%

Shares Outstanding128.50M

Shares Float125.62M

Beta1.42

Dividend Yield4.69%

Dividend Rate1.70

Payout Ratio57.46%

Analyst Ratings

Strong Buy

Based on 16 analystsTarget 49.80

Strong Buy
10
Buy
4
Hold
2

Ownership Breakdown

Institutions: 111.64%
Insiders: 2.24%
Retail / Other: 0.00%

Top Institutional Holders

BlackRock Inc
20.11M15.72%
Wellington Management Company LLP
9.78M7.64%
Vanguard Portfolio Management, LLC
7.74M6.05%
T. Rowe Price Investment Management,Inc.
6.85M5.35%
Vanguard Capital Management, LLC
5.70M4.45%
State Street Corp
5.40M4.22%
AllianceBernstein L.P.
4.57M3.58%
JPMorgan Chase & Co
3.95M3.09%
Geode Capital Management, LLC
3.09M2.42%
Amvescap Plc.
2.70M2.11%
Amundi
2.42M1.89%
Erste Asset Management GmbH
2.20M1.72%
FMR Inc
2.20M1.72%
Morgan Stanley - Brokerage Accounts
2.04M1.60%

Top Fund Holders

iShares Core S&P Small-Cap ETF
7.80M6.09%
Vanguard MStar Total Stk Mkt Idx Invest
4.09M3.19%
iShares Russell 2000 ETF
3.31M2.59%
Vanguard Small Cap Index
2.96M2.31%
T. Rowe Price Small-Cap Value
2.50M1.95%
Vanguard Explorer Inv
2.27M1.77%

Dividends

20263×

0.42Oct 2, 20260.42Jul 2, 20260.42Apr 2, 2026

20254×

0.42Dec 29, 20250.42Oct 3, 20250.42Jul 2, 20250.42Apr 4, 2025

20244×

0.41Dec 30, 20240.41Oct 4, 20240.41Jul 3, 20240.41Apr 4, 2024

20234×

0.40Dec 28, 20230.40Oct 3, 20230.40Jul 3, 20230.40Mar 31, 2023

20224×

0.38Dec 27, 20220.38Oct 3, 20220.38Jul 1, 20220.38Apr 1, 2022

20214×

0.35Dec 27, 20210.35Sep 30, 20210.35Jul 1, 20210.35Apr 1, 2021

20201×

0.34Dec 24, 2020