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Friday 6 November 2026 Export HASI’s income statement to Excel — free account

HA Sustainable Infrastructure Capital, Inc.

HASI Financial Asset Management

HA Sustainable Infrastructure Capital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $400.5 million, up 4.41% from fiscal 2024.

Revenue
+11.1%
EPS
+72.7%
Free cash flow
−14.5%
Total debt
+24.4%

Quarter to September 2026, against a year earlier

38.59 1.09 −2.75%
Market cap
$5.1B
P/E
35.0×
Fwd P/E
24.0×
Dividend yield
4.25%
F-score
2/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

HA Sustainable Infrastructure Capital, Inc. (HASI) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, HA Sustainable Infrastructure Capital, Inc. (HASI) trades at a P/B ratio of 1.9×. Over the past ten years it has ranged from 0.7× (October 2023) to 4.4× (December 2020); the current reading is higher than 66% of that period. That is above the Asset Management industry median of 0.9× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.5× 12.82%
FY2024 1.3× (1.26%)
FY2023 1.3× (12.67%)
FY2022 1.5× (44.89%)
FY2021 2.7× (28.51%)
FY2020 3.8× 73.39%
FY2019 2.2× 75.09%
FY2018 1.2× (33.56%)
FY2017 1.9× 40.25%
FY2016 1.3× (0.42%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.7× (11.07%)
Jun 2026 1.9× 1.84%
Mar 2026 1.8× 27.19%
Dec 2025 1.5× 2.11%
43 more quarters

Against its own ten years

Low 0.7× High 4.4×
Ten-year median 1.7×
Current reading's percentile 69

P/B ratio against peers

Company P/B ratio
OTF Blue Owl Technology Finance Corp. compare 0.6×
OBDC Blue Owl Capital Corporation compare 0.8×
BXSL Blackstone Secured Lending Fund compare 1.0×
MAIN Main Street Capital Corporation compare 1.7×
HASI HA Sustainable Infrastructure Capital, Inc. 1.9×
HLNE Hamilton Lane Inc. compare 1.9×
FHI Federated Hermes, Inc. compare 3.5×
STEP StepStone Group Inc. compare 3.6×
CNS Cohen & Steers Inc compare 5.6×
Asset Management industry median 0.9×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on HASI