HA Sustainable Infrastructure
HASI
36.35
-0.22
-0.60%
HA Sustainable Infrastructure
US · HASI
#2187 by market cap
Listed 1970
36.35
-0.22
-0.60%
Live - 5344 symbols - heartbeat 430s ago
· 2026-10-08 06:34
Pre-market
36.14
-0.58%
After-hours
36.50
+0.41%
- Market cap
- 4.67B
- P/E (TTM)i
- 55.08
- P/Bi
- 1.84
- EPSi
- 1.41
- Div yieldi
- 4.65%
- 52W posi
- 60%
Reader sentiment
Are you bullish or bearish on HASI?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.91, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +4.41% YoY
Margins
- Gross margin
- 26.99%
- Operating margin
- -6.79%
- Net margin
- 45.60%
Key ratios & quality
- Enterprise valuei
- 9.32B
- PEG ratioi
- 0.85
- Altman Z-Scorei
- 0.91
PEG uses trailing P/E against the 3-year net income growth rate (64.44%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139.40M | 141.58M | 186.91M | 213.17M | 239.74M | 319.87M | 383.60M | 400.50M |
| Gross profit | 62.52M | 77.34M | 94.73M | 91.46M | 120.43M | 148.86M | 141.23M | 108.10M |
| Selling & admin expenses | 40.74M | 43.47M | 52.61M | 72.88M | 93.38M | 95.63M | 114.22M | 123.14M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 21.78M | 25.84M | 32.02M | 18.08M | 14.26M | 41.40M | 25.95M | -27.18M |
| Pretax profit | 43.94M | 90.02M | 79.98M | 144.50M | 49.29M | 182.38M | 273.83M | 273.48M |
| Tax | 2.14M | 8.10M | -2.78M | 17.16M | 7.38M | 31.62M | 70.20M | 85.25M |
| Net profit | 41.80M | 81.92M | 82.76M | 127.35M | 41.91M | 150.76M | 203.63M | 188.24M |
| Basic EPS | 1 | 1 | 1 | 2 | 0 | 1 | 2 | 1 |
| Diluted EPS | 0.75 | 1.24 | 1.10 | 1.51 | 0.47 | 1.42 | 1.62 | 1.41 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 96.94M | 85.69M | 103.06M | 114.81M | 124.23M | 120.79M |
| Gross profit | 32.26M | 5.94M | 31.58M | 38.31M | 24.95M | 33.32M |
| Selling & admin expenses | 34.36M | 24.63M | 33.71M | 30.44M | 45.67M | 34.48M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -5.91M | -19.73M | -5.16M | 3.61M | -25.26M | 9.84M |
| Pretax profit | 82.08M | 137.95M | 119.40M | -65.96M | -104.52M | 188.76M |
| Tax | 23.90M | 38.16M | 34.50M | -11.31M | -30.78M | 56.97M |
| Net profit | 58.19M | 99.80M | 84.91M | -54.65M | -73.74M | 131.78M |
| Basic EPS | 0 | 1 | 1 | 0 | -1 | 1 |
| Diluted EPS | 0.44 | 0.74 | 0.61 | -0.43 | -0.57 | 0.92 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.37B | 1.63B | 1.88B | 2.26B | 2.78B | 3.50B | 3.36B | 3.88B |
| Cash & ST investments | 21.42M | 6.21M | 286.25M | 226.20M | 155.71M | 62.63M | 129.76M | 110.22M |
| Inventory | 365.37M | 362.27M | 359.18M | 356.09M | 353.00M | 111.04M | 9.80M | 76.29M |
| Total assets | 2.15B | 2.39B | 3.46B | 4.15B | 4.76B | 6.55B | 7.08B | 8.19B |
| Total current liabilities | 295.10M | 85.55M | 82.54M | 239.43M | 550.75M | 1.32B | 784.68M | 1.04B |
| Short-term debt | 258.59M | 31.20M | 22.59M | 150.57M | 50.89M | 431.06M | 101.06M | 271.40M |
| Long-term debt | 983.45M | 1.36B | 2.17B | 2.34B | 2.54B | 3.09B | 3.89B | 4.49B |
| Total liabilities | 1,350,390,000.00 | 1,447,362,000.00 | 2,248,918,000.00 | 2,581,796,000.00 | 3,095,402,000.00 | 4,410,725,000.00 | 4,675,170,000.00 | 5,530,096,000.00 |
| Total equity | 804.52M | 939.91M | 1.21B | 1.57B | 1.66B | 2.14B | 2.41B | 2.66B |
| Retained earnings | -163.21M | -169.79M | -204.11M | -193.71M | -285.47M | -303.54M | -297.50M | -323.07M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 3.39B | 3.44B | 3.99B | 3.88B | 3.81B | 3.88B |
| Cash & ST investments | 67.39M | 86.51M | 301.82M | 110.22M | 124.50M | 249.92M |
| Inventory | 2.98M | 15.90M | 78.05M | 76.29M | 75.85M | 74.89M |
| Total assets | 7.48B | 7.60B | 8.20B | 8.19B | 8.20B | 8.94B |
| Total current liabilities | 1.12B | 1.05B | 1.55B | 1.04B | 665.87M | 868.13M |
| Short-term debt | 431.41M | 357.31M | 831.68M | 271.40M | 1.45M | 1.43M |
| Long-term debt | 3.89B | 3.96B | 3.97B | 4.49B | 5.00B | 5.42B |
| Total liabilities | 5,005,217,000.00 | 5,007,531,000.00 | 5,518,095,000.00 | 5,530,096,000.00 | 5,667,548,000.00 | 6,290,943,000.00 |
| Total equity | 2.47B | 2.59B | 2.69B | 2.66B | 2.53B | 2.65B |
| Retained earnings | -291.90M | -245.39M | -215.50M | -323.07M | -449.91M | -375.89M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 58.79M | 29.49M | 73.28M | 13.31M | 230.00K | 99.69M | 5.85M | 167.32M |
| Depreciation & amortization | 4.53M | 3.59M | 3.58M | 3.80M | 3.99M | 3.13M | 1.00M | 780.00K |
| Free cash flow | 58.79M | 29.49M | 73.28M | 13.31M | 230.00K | 99.69M | 5.85M | 167.32M |
| Dividends paid | -70.99M | -86.41M | -99.87M | -113.51M | -132.20M | -159.79M | -192.27M | -209.78M |
| Stock buybacks / issuance | 187.27M | 138.38M | 298.07M | 200.64M | 188.88M | 492.38M | 203.53M | 236.74M |
| Ending cash balance | 59.35M | 106.59M | 310.33M | 251.07M | 175.97M | 75.08M | 150.16M | 145.22M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -37.12M | 79.57M | -121.81M | 246.67M | 15.61M | 68.05M |
| Depreciation & amortization | 167.00K | 251.00K | 178.00K | 184.00K | 179.00K | 195.00K |
| Free cash flow | -37.12M | 79.57M | -121.81M | 246.67M | 15.61M | 68.05M |
| Dividends paid | -50.40M | -52.05M | -53.18M | -54.15M | -56.82M | -55.84M |
| Stock buybacks / issuance | 46.61M | 73.26M | 67.29M | 49.57M | 0 | 0 |
| Ending cash balance | 83.65M | 103.81M | 318.69M | 145.22M | 151.05M | 280.83M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 5.52 | 9.23 | 7.62 | 9.15 | 2.57 | 7.95 | 8.97 | 7.44 |
| ROA %i | 1.81 | 3.53 | 2.79 | 3.30 | 0.92 | 2.61 | 2.91 | 2.39 |
| ROIC %i | 1.94 | 3.67 | 2.85 | 3.38 | 0.99 | 3.01 | 3.33 | 2.67 |
| 5-year avg ROE %i | 3.80 | 4.80 | 5.95 | 7.26 | 6.82 | 7.30 | 7.25 | 7.21 |
| EBIT margin %i | 15.80 | 18.25 | 17.13 | 8.48 | 7.51 | 12.94 | 3.93 | -6.79 |
| FCF / sales %i | 42.66 | 20.83 | 39.21 | 6.24 | 0.10 | 31.17 | 1.57 | 41.78 |
| Current ratioi | 4.64 | 19.04 | 22.82 | 9.45 | 5.05 | 2.65 | 4.28 | 3.74 |
| Quick ratioi | 3.27 | 13.63 | 18.18 | 7.77 | 4.22 | 2.54 | 4.17 | 3.55 |
| Debt / assetsi | 57.64 | 58.34 | 63.30 | 60.10 | 54.53 | 53.71 | 56.38 | 58.18 |
| LT debt / equityi | 122.76 | 145.39 | 180.08 | 151.65 | 156.20 | 147.61 | 166.51 | 174.46 |
| Interest coveragei | -- | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | 33.43 | 20.36 | 20.82 | 15.21 | 18.57 | 19.61 | 21.63 | 19.28 |
| Net income CAGR (3Y) %i | 73.52 | 77.23 | 38.75 | 44.93 | -20.17 | 21.78 | 16.48 | 64.44 |
| FCF CAGR (3Y) %i | 46.97 | -19.65 | 84.24 | -39.05 | -80.17 | 10.80 | -23.96 | 799.37 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 5.73 | 8.55 | 12.61 | 7.44 | 2.23 | 3.33 |
| ROA %i | 1.86 | 2.86 | 4.12 | 2.39 | 0.69 | 1.02 |
| ROIC %i | 2.11 | 3.19 | 4.58 | 2.67 | 0.76 | 1.14 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -0.95 | -9.48 | -9.55 | -6.79 | -10.88 | -3.67 |
| FCF / sales %i | -- | 14.72 | -- | 41.78 | 51.44 | 45.05 |
| Current ratioi | 3.03 | 3.29 | 2.57 | 3.74 | 5.73 | 4.46 |
| Quick ratioi | 2.95 | 3.23 | 2.37 | 3.55 | 5.56 | 4.29 |
| Debt / assetsi | 57.78 | 56.83 | 58.47 | 58.18 | 60.99 | 60.67 |
| LT debt / equityi | 162.44 | 157.75 | 152.22 | 174.46 | 204.73 | 213.33 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 06:34:15 · For reference only, not investment advice and not tailored to your situation.