Hannon Armstrong Sustainable Infrastructure Capital Inc
HA Sustainable Infrastructure Capital, Inc., through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities. It invests in climate solution, including Behind-the-Meter that distributes… Read more
Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI) - Net Assets
Latest net assets as of December 2025: $2.66 Billion USD
Based on the latest financial reports, Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI) has net assets worth $2.66 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.19 Billion) and total liabilities ($5.53 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.66 Billion |
| % of Total Assets | 32.46% |
| Annual Growth Rate | 43.89% |
| 5-Year Change | 69.67% |
| 10-Year Change | 362.77% |
| Growth Volatility | 170.69 |
Hannon Armstrong Sustainable Infrastructure Capital Inc - Net Assets Trend (2011–2025)
This chart illustrates how Hannon Armstrong Sustainable Infrastructure Capital Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hannon Armstrong Sustainable Infrastructure Capital Inc (2011–2025)
The table below shows the annual net assets of Hannon Armstrong Sustainable Infrastructure Capital Inc from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.66 Billion | +10.51% |
| 2024-12-31 | $2.41 Billion | +12.30% |
| 2023-12-31 | $2.14 Billion | +28.65% |
| 2022-12-31 | $1.66 Billion | +6.27% |
| 2021-12-31 | $1.57 Billion | +29.45% |
| 2020-12-31 | $1.21 Billion | +28.75% |
| 2019-12-31 | $939.91 Million | +16.83% |
| 2018-12-31 | $804.52 Million | +25.16% |
| 2017-12-31 | $642.78 Million | +11.92% |
| 2016-12-31 | $574.34 Million | +32.92% |
| 2015-12-31 | $432.11 Million | +56.78% |
| 2014-12-31 | $275.62 Million | +82.98% |
| 2013-12-31 | $150.62 Million | +686.07% |
| 2012-12-31 | $19.16 Million | +17.66% |
| 2011-12-31 | $16.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hannon Armstrong Sustainable Infrastructure Capital Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 5674.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.28 Million | 0.05% |
| Other Comprehensive Income | $47.08 Million | 1.83% |
| Other Components | $2.85 Billion | 110.67% |
| Total Equity | $2.57 Billion | 100.00% |
Hannon Armstrong Sustainable Infrastructure Capital Inc Competitors by Market Cap
The table below lists competitors of Hannon Armstrong Sustainable Infrastructure Capital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
|
$4.56 Billion |
|
Selective Insurance Group Inc
NASDAQ:SIGI
|
$4.56 Billion |
|
Knife River Corporation
NYSE:KNF
|
$4.56 Billion |
|
PT Amman Mineral Internasional
JK:AMMN
|
$4.56 Billion |
|
Axos Financial Inc
NYSE:AX
|
$4.55 Billion |
|
Yangzijiang Shipbuilding (Holdings) Ltd
PINK:YSHLF
|
$4.55 Billion |
|
AAC Technologies Holdings Inc
PINK:AACAY
|
$4.55 Billion |
|
Jfrog Ltd
NASDAQ:FROG
|
$4.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hannon Armstrong Sustainable Infrastructure Capital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,336,756,000 to 2,574,878,000, a change of 238,122,000 (10.2%).
- Net income of 184,547,000 contributed positively to equity growth.
- Dividend payments of 209,776,000 reduced retained earnings.
- New share issuances of 236,740,000 increased equity.
- Other comprehensive income increased equity by 6,975,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $184.55 Million | +7.17% |
| Dividends Paid | $209.78 Million | -8.15% |
| Share Issuances | $236.74 Million | +9.19% |
| Other Comprehensive Income | $6.98 Million | +0.27% |
| Other Changes | $19.64 Million | +0.76% |
| Total Change | $- | 10.19% |
Book Value vs Market Value Analysis
This analysis compares Hannon Armstrong Sustainable Infrastructure Capital Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 33.67x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $1.08 | $36.25 | x |
| 2012-12-31 | $1.27 | $36.25 | x |
| 2013-12-31 | $9.32 | $36.25 | x |
| 2014-12-31 | $13.04 | $36.25 | x |
| 2015-12-31 | $13.92 | $36.25 | x |
| 2016-12-31 | $14.16 | $36.25 | x |
| 2017-12-31 | $12.69 | $36.25 | x |
| 2018-12-31 | $15.18 | $36.25 | x |
| 2019-12-31 | $14.46 | $36.25 | x |
| 2020-12-31 | $16.18 | $36.25 | x |
| 2021-12-31 | $17.62 | $36.25 | x |
| 2022-12-31 | $17.98 | $36.25 | x |
| 2023-12-31 | $19.56 | $36.25 | x |
| 2024-12-31 | $17.91 | $36.25 | x |
| 2025-12-31 | $18.63 | $36.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hannon Armstrong Sustainable Infrastructure Capital Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 46.08%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 3.18x
- Recent ROE (7.17%) is above the historical average (3.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -30.78% | -256.63% | 0.01x | 10.72x | $-6.64 Million |
| 2012 | 19.85% | 15.06% | 0.11x | 12.13x | $1.89 Million |
| 2013 | -7.14% | -43.42% | 0.04x | 3.90x | $-25.11 Million |
| 2014 | 3.57% | 21.22% | 0.04x | 3.75x | $-17.32 Million |
| 2015 | 1.86% | 13.58% | 0.04x | 3.43x | $-34.86 Million |
| 2016 | 2.57% | 16.78% | 0.05x | 3.06x | $-42.41 Million |
| 2017 | 4.83% | 24.05% | 0.06x | 3.52x | $-33.06 Million |
| 2018 | 5.19% | 25.74% | 0.07x | 2.69x | $-38.53 Million |
| 2019 | 8.71% | 39.64% | 0.09x | 2.55x | $-12.08 Million |
| 2020 | 6.85% | 35.09% | 0.07x | 2.87x | $-37.91 Million |
| 2021 | 8.19% | 37.27% | 0.08x | 2.69x | $-27.89 Million |
| 2022 | 2.55% | 15.31% | 0.06x | 2.92x | $-121.42 Million |
| 2023 | 6.95% | 32.30% | 0.07x | 3.06x | $-65.33 Million |
| 2024 | 8.56% | 31.68% | 0.09x | 3.03x | $-33.64 Million |
| 2025 | 7.17% | 46.08% | 0.05x | 3.18x | $-72.94 Million |
Industry Comparison
This section compares Hannon Armstrong Sustainable Infrastructure Capital Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $505,123,774
- Average return on equity (ROE) among peers: -2.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI) | $2.66 Billion | -30.78% | 2.08x | $4.56 Billion |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $87.10 Million | 97.59% | 7.07x | $1.38 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 15.33% | 0.00x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $1.11 Billion | 1.70% | 0.06x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $317.00 Million | -43.61% | 0.05x | $72.80K |
| AGF Management Limited (AGFMF) | $1.02 Billion | 17.11% | 0.33x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $2.71 Million |