Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI) - Net Assets
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. Check financial resilience of Hannon Armstrong Sustainable Infrastruct to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Hannon Armstrong Sustainable Infrastruct for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Hannon Armstrong Sustainable Infrastruct worth.
| 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 |
|---|---|
|
Main Street Capital Corporation
NYSE:MAIN
|
$4.95 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
$4.95 Billion |
|
Turkcell Iletisim Hizmetleri AS
NYSE:TKC
|
$4.95 Billion |
|
Banco Macro SA B
BA:BMA
|
$4.95 Billion |
|
Premier Energies Limited
NSE:PREMIERENE
|
$4.95 Billion |
|
ChampionX Corporation
NASDAQ:CHX
|
$4.94 Billion |
|
Teleflex Incorporated
NYSE:TFX
|
$4.94 Billion |
|
Sonoco Products Company
NYSE:SON
|
$4.94 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.
- Share repurchases of 8,395,000 reduced equity.
- New share issuances of 236,740,000 increased equity.
- Other comprehensive income increased equity by 6,975,001.
- Other factors increased equity by 28,030,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $184.55 Million | +7.17% |
| Dividends Paid | $209.78 Million | -8.15% |
| Share Repurchases | $8.39 Million | -0.33% |
| Share Issuances | $236.74 Million | +9.19% |
| Other Comprehensive Income | $6.98 Million | +0.27% |
| Other Changes | $28.03 Million | +1.09% |
| 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: 2.28x
- 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 39.51x to 2.28x 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 | $42.53 | x |
| 2012-12-31 | $1.27 | $42.53 | x |
| 2013-12-31 | $9.32 | $42.53 | x |
| 2014-12-31 | $13.04 | $42.53 | x |
| 2015-12-31 | $14.05 | $42.53 | x |
| 2016-12-31 | $14.25 | $42.53 | x |
| 2017-12-31 | $12.69 | $42.53 | x |
| 2018-12-31 | $15.18 | $42.53 | x |
| 2019-12-31 | $14.51 | $42.53 | x |
| 2020-12-31 | $16.18 | $42.53 | x |
| 2021-12-31 | $17.62 | $42.53 | x |
| 2022-12-31 | $17.98 | $42.53 | x |
| 2023-12-31 | $19.56 | $42.53 | x |
| 2024-12-31 | $17.91 | $42.53 | x |
| 2025-12-31 | $18.63 | $42.53 | 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 | 1.84% | 13.58% | 0.04x | 3.40x | $-35.25 Million |
| 2016 | 2.55% | 16.78% | 0.05x | 3.04x | $-42.78 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 | 8.68% | 39.64% | 0.09x | 2.54x | $-12.43 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: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
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 | $4.95 Billion |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About Hannon Armstrong Sustainable Infrastructure Capital Inc
HA Sustainable Infrastructure Capital, Inc., through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, receivables, and debt securities. It invests in climate solutions, including Behind-the-Meter that distributes energy projects which reduce en… Read more