Inside the research

HA Sustainable Infrastructure Capital, Inc.

HASI Research profile · latest available data

Price overview

$36.44

▲ +0.28 (+0.8%)

52w hi$42.83
52w lo$26.75
Vol2.30M
As of25 Sep 2026

The Verdict

Hold

Our score +0.22

Short+0.36
Medium+0.13
Long+0.14

computed 2026-09-27

Key fundamentals

HA Sustainable Infrastructure Capital, Inc.

Financial Services · Asset Management

Market cap$4.68B
Enterprise value$10.42B
Trailing P/E56.06x
Forward P/E10.94x
P / S (ttm)36.77x
Profit margin67.7%
Return on equity3.4%
Revenue growth+804.4%
Earnings growth+24.5%
Debt / equity222.66

Layer Breakdown

LayerRawContribution
Fundamental+0.27
Sector+0.02
Technical-0.07
Earnings+0.00
Sentiment+0.50

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.hasi.com

Risk Metrics

Beta vs SPX0.74
Corr SPX0.35
Annual vol34.2%
Annual ret+8.4%
Sharpe0.24
Max DD-36.4%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-08-06Earnings Release, Exhibitsread
2026-07-20Material Agreement, Termination of Agreement…read
2026-06-26Material Agreement, Material Obligation…read
2026-06-15Other Material Eventread
2026-06-05Shareholder Voteread
2026-05-07Earnings Release, Exhibitsread
2026-03-27Officer / Director Changeread
2026-03-03Other Material Eventread
2026-03-02Material Agreement, Material Obligation…read
2026-02-27Material Agreement, Material Obligation…read
2026-02-23Material Agreement, Exhibitsread
2026-02-18Reg FD Disclosure, Other Material Eventread

Insider Trades

DateInsiderRoleActionSharesValue
2026-05-15Whicher MichelleChief Accounting OfficerWithheld for tax961$39.58K

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders0
Top-5 share0.0%
HHI0 (—)

Dividends

Yield (TTM)3.47%
$ / share (TTM)$1.26
5y CAGR+4.3%

Annual dividend per share

2021$1.40
2022$1.50
2023$1.58
2024$1.66
2025$1.68
2026$0.42

SEC Filings

DateFormDoc
2026-08-10S-4view
2026-08-0710-Qview
2026-08-068-Kview
2026-07-208-Kview
2026-06-268-Kview
2026-06-158-Kview
2026-06-054view
2026-06-054view
2026-06-054view
2026-06-054view
2026-06-054view
2026-06-054view
2026-06-054view
2026-06-054view
2026-06-054view

The Long Run

FY 2013–2025 · 13 years

LineLatestCAGRTrend
Revenue$400.50M+49.3%
Net income$184.55M+56.3%
Cash from ops$99.69M+7.8%

Indices

S&P SmallCap 600

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$36.39$36.80$35.98$36.442.30M
Sep 24$35.92$36.32$35.66$36.161.45M
Sep 23$36.80$36.95$36.18$36.21915.40K
Sep 22$37.38$37.63$37.15$37.21653.40K
Sep 21$37.14$37.28$36.76$37.03589.80K

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →