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

39.86 0.52 −1.29%
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

HA Sustainable Infrastructure Capital, Inc. (HASI) Return on invested capital

Alert me on Return on invested capital

HA Sustainable Infrastructure Capital, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 2.23%, up 0.1 percentage points from fiscal 2025 (2.15%). Over the past ten years it has ranged from 1.66% (fiscal 2015) to 3.05% (fiscal 2018); the current reading is higher than 36% of that period. That is above the Asset Management industry median of 2.12% and below the Financial sector median of 4.70%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 2.15% (0.36)
FY2024 2.51% 0.41
FY2023 2.10% 0.24
FY2022 1.86% (0.42)
FY2021 2.28% (0.21)
FY2020 2.49% 0.07
FY2019 2.42% (0.63)
FY2018 3.05% 0.72
FY2017 2.33% 0.11
FY2016 2.22% 0.56

Against its own ten years

Low 1.66% High 3.05%
Ten-year median 2.28%
Current reading's percentile 36

Return on invested capital against peers

Company Return on invested capital
FHI Federated Hermes, Inc. compare 27.1%
HLNE Hamilton Lane Inc. compare 12.9%
MAIN Main Street Capital Corporation compare 6.18%
OBDC Blue Owl Capital Corporation compare 2.98%
HASI HA Sustainable Infrastructure Capital, Inc. 2.39%
CNS Cohen & Steers Inc compare 0.00%
BXSL Blackstone Secured Lending Fund compare 0.00%
OTF Blue Owl Technology Finance Corp. compare 0.00%
STEP StepStone Group Inc. compare −42.5%
Asset Management industry median 2.12%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on HASI