HA Sustainable Infrastructure Capital, Inc. (HASI) Earnings History
Annual and quarterly earnings data from 2011 to 2025
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HASI EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
HASI Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 99.6% | 66.2% | 46.1% |
| 2024 | 61.6% | 43.4% | 31.7% |
| 2023 | 62.9% | 39.6% | 32.3% |
| 2022 | 57.4% | 18.2% | 15.3% |
| 2021 | 64.2% | 42.6% | 37.3% |
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HA Sustainable Infrastructure Capital, Inc. (HASI) Earnings Overview
As of May 8, 2026, HA Sustainable Infrastructure Capital, Inc. (HASI) reported trailing twelve-month net income of $56M, reflecting -13.0% year-over-year growth. The company earned $0.44 per diluted share over the past four quarters, with a net profit margin of 46.1%.
Looking at the long-term picture, HASI's 5-year EPS compound annual growth rate (CAGR) stands at +5.1%, showing solid earnings momentum. The company achieved its highest annual net income of $200M in fiscal 2024.
HA Sustainable Infrastructure Capital, Inc. maintains industry-leading profitability with a gross margin of 99.6%, operating margin of 66.2%, and net margin of 46.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including CSWC ($103M net income, 43.1% margin), ARCC ($1.15B net income, 41.3% margin), GBDC ($205M net income, 43.2% margin), HASI has outperformed on profitability metrics. Compare HASI vs CSWC →
HASI Earnings vs Peers
Earnings metrics vs comparable public companies
HASI Historical Earnings Data (2011–2025)
15 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $185M | -7.7% | $265M | $1.41 | 46.1% | 66.2% |
| 2024 | $200M | +34.4% | $274M | $1.62 | 31.7% | 43.4% |
| 2023 | $149M | +258.6% | $182M | $1.42 | 32.3% | 39.6% |
| 2022 | $42M | -67.2% | $49M | $0.45 | 15.3% | 18.2% |
| 2021 | $127M | +53.6% | $145M | $1.51 | 37.3% | 42.6% |
| 2020 | $82M | +1.0% | $80M | $1.10 | 35.1% | 34.1% |
| 2019 | $82M | +96.2% | $90M | $1.24 | 39.6% | 43.7% |
| 2018 | $42M | +34.7% | $44M | $0.75 | 25.7% | 27.2% |
| 2017 | $31M | +110.6% | $32M | $0.57 | 24.1% | 24.9% |
| 2016 | $15M | +84.1% | $15M | $0.32 | 16.8% | 17.1% |
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Start ComparisonHASI — Frequently Asked Questions
Quick answers to the most common questions about buying HASI stock.
Is HASI growing earnings?
HASI EPS fell to $0.44, with earnings declining -13.0%. This contrasts with the 5-year CAGR of +5.1%. TTM net income dropped to $56M.
What are HASI's profit margins?
HA Sustainable Infrastructure Capital, Inc. net margin is +46.1%, with operating margin at +66.2%. Above-average margins indicate pricing power.
How consistent are HASI's earnings?
HASI earnings data spans 2011-2025. The declining earnings trend is -13.0% YoY. Historical data enables comparison across business cycles.