Latest revenue
$124.2M
as of 2026-03-31
Latest net income
$-72.0M
as of 2026-03-31
Net margin
-57.9%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $5.22B
- Enterprise value
- $5.22B
- P/E (trailing)
- 28.3×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 4.1%
- 52-wk high
- $44.13
- 52-wk low
- $24.29
- Beta
- —
- Shares out
- 128.4M
5-year trend
What this company does
Item 1. Business COMPANY OVERVIEW HASI is an investor in sustainable infrastructure assets advancing the energy transition. Our investment strategy is focused on actively partnering with clients to deploy capital primarily in income-generating real assets that are supported by long-term recurring cash flows. This strategy has enabled us to generate attractive risk-adjusted returns and provide stockholders with diversified exposure to the energy transition. We are internally managed by an executive team that has extensive relevant industry knowledge and experience, and oversees a team of over 170 full-time investment, operating, and technical professionals. We have long-standing,…
AI summary unavailable — showing raw filing excerpt
Generated from HASI's filing dated 2026-02-13
Key risks
Item 1A. Risk Factors Our business and operations are subject to a number of risks and uncertainties, the occurrence of which could adversely affect our business, financial condition, consolidated results of operations and ability to make distributions to stockholders and could cause the value of our capital stock to decline. We may refer to the energy efficiency, renewable energy and the other sustainable infrastructure projects or markets in which we participate collectively as climate solutions projects or the industry. Please also refer to the sections entitled “Forward-Looking Statements” and “Risk Factor Summary.” Risks Related to Our Business and Our Industry If the cost of energy…
AI summary unavailable — showing raw filing excerpt
Generated from HASI's filing dated 2026-02-13
Profitability
Net margin
46.1%
11.6%Return on assets
2.3%
20.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $124.2M | +28.1% | $-72.0M | -227.1% | -57.9% |
Q4 2025 2025-12-31 | $114.8M | +13.3% | $-53.8M | -176.7% | -46.8% |
Q3 2025 2025-09-30 | $103.1M | +25.7% | $83.3M | +524.4% | 80.8% |
Q2 2025 2025-06-30 | $85.7M | -9.3% | $98.4M | +270.9% | 114.9% |
Q1 2025 2025-03-31 | $96.9M | -8.4% | $56.6M | -54.0% | 58.4% |
Q4 2024 2024-12-31 | $101.3M | — | $70.1M | — | 69.2% |
Q3 2024 2024-09-30 | $82.0M | -8.8% | $-19.6M | -191.5% | -23.9% |
Q2 2024 2024-06-30 | $94.5M | +27.2% | $26.5M | +96.3% | 28.1% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Investors, NEC · SIC 6799
Your notes
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Insider activity
Insider buying
$0
Insider selling
$5.3M
Net activity
−$5.3M
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-02-17 | Jeffrey Eckel Director | Sale | 124,998 | $39.22 | $4.9M | |
| 2026-02-17 | Jeffrey Eckel Director | Sale | 9,400 | $39.34 | $369.8K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns HASI
Institutional value
$2.40B
Total shares held
67.8M
Distinct holders
271
-100 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 20.1M | $739.0M | +421.7K (+2.1%) | Added |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 7.7M | $284.4M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 5.7M | $209.4M | — | New |
| 4 | JPMORGAN CHASE & CO | 4.0M | $141.7M | +1.3M (+50.6%) | Added |
| 5 | Invesco Ltd. | 2.7M | $99.1M | +1.0M (+62.8%) | Added |
| 6 | Erste Asset Management GmbH | 2.2M | $79.0M | -54.6K (-2.4%) | Trimmed |
| 7 | NEUMEIER POMA INVESTMENT COUNSEL LLC | 1.5M | $56.3M | +138.9K (+10.0%) | Added |
| 8 | Bank of New York Mellon Corp | 1.3M | $46.7M | -9.1K (-0.7%) | Trimmed |
| 9 | UBS Group AG | 1.1M | $42.1M | +69.2K (+6.4%) | Added |
| 10 | Swedbank AB | 1.1M | $40.1M | -2.2M (-66.6%) | Trimmed |
| 11 | DEUTSCHE BANK AG\ | 986.7K | $36.3M | -166.3K (-14.4%) | Trimmed |
| 12 | Mizuho Markets Cayman LP | 900.0K | $33.1M | — | New |
| 13 | STOREBRAND ASSET MANAGEMENT AS | 878.3K | $32.3M | — | New |
| 14 | VANGUARD FIDUCIARY TRUST CO | 826.3K | $30.4M | — | New |
| 15 | PRINCIPAL FINANCIAL GROUP INC | 620.2K | $22.8M | +19.5K (+3.2%) | Added |
| 16 | Universal- Beteiligungs- und Servicegesellschaft mbH | 596.6K | $21.9M | -7.3K (-1.2%) | Trimmed |
| 17 | Triodos Investment Management BV | 550.0K | $20.2M | +0 (+0.0%) | No change |
| 18 | Public Sector Pension Investment Board | 456.6K | $16.8M | +20.2K (+4.6%) | Added |
| 19 | Robeco Institutional Asset Management B.V. | 453.5K | $16.7M | -97.3K (-17.7%) | Trimmed |
| 20 | ABN AMRO Bank N.V. | 428.6K | $15.9M | +161.6K (+60.6%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once HASI's latest filing finishes processing.