HA Sustainable Infrastructure Capital, Inc. HASI
Finance/Investors Services · IPO 2013 · data as of November 13, 2026
HA Sustainable Infrastructure Capital, Inc. (HASI) is a financial company listed in the US with a market value of about $5.0B. In the twelve months to September 30, 2026 it had revenue of $474M and net income of $149M, a net margin of 31.5%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is shareholder returns (3/5); the weakest is value (1/5).
Key numbers: a P/E of 38.4, a price to free cash flow of 12.9, 5-year revenue growth of 16% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 81% below the current price.
Score: 1.6 / 5
Checks passed
- P/FCF below 20
- 3-year revenue growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
- Pays a dividend
- 20% to 100% of free cash flow returned to shareholders
- Dividend 3 years in a row
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $474M | $401M | $384M | $320M | $240M | $213M | $187M | $142M | $139M | $106M | $81M |
| Net income | $149M | $185M | $200M | $149M | $42M | $127M | $82M | $82M | $42M | $31M | $15M |
| Free cash flow | $387M | — | $6M | $100M | -$4M | $13M | $73M | $29M | $31M | -$159M | $39M |
| EPS (diluted) | $1.01 | $1.41 | $1.62 | $1.42 | $0.47 | $1.51 | $1.10 | $1.24 | $0.75 | $0.57 | $0.32 |
| Net margin | 31.5% | 46.1% | 52.1% | 46.5% | 17.3% | 59.4% | 44.1% | 57.6% | 29.8% | 29.1% | 18.0% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 14 analysts is $48.57, 25% above the current price; targets range from $42.00 to $60.00; the consensus rating is “Buy”; expected EPS is $3.05 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is HA Sustainable Infrastructure Capital’s P/E ratio?
About 38.4, based on the last twelve months of diluted earnings per share (forward P/E about 15.2).
Is HA Sustainable Infrastructure Capital stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 81% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does HA Sustainable Infrastructure Capital pay a dividend?
Yes. The dividend yield is about 4.38%, and it has paid dividends for 10 years in our data.
Is HA Sustainable Infrastructure Capital a good stock to buy?
We do not give buy or sell advice. HA Sustainable Infrastructure Capital scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.