HA Sustainable Infrastructure Capital (HASI) FY2024 results: revenue $384 million, up 19.9% on the year
HA Sustainable Infrastructure Capital, Inc. (HASI) reported revenue of $384 million for fiscal 2024, the year ended 31 December 2024, up 19.9% on the year before. Net income was $200 million, up 34.4%, and diluted earnings per share $1.62. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2025.
Revenue
$384 million
+19.9% on the year
FY2017FY2024
Operating margin
n/a
FY2017FY2024
Net income
$200 million
+34.4% on the year
FY2017FY2024
Diluted EPS
$1.62
+14.1% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
5.9
99.7
0.2
-94.1%
Cash from investing
-131
-1,993
-592
Cash from financing
200
1,792
517
-88.8%
Depreciation and amortisation
1.0
3.1
4.0
-67.9%
Share-based compensation
25.6
19.8
20.1
+29.5%
Dividends paid
192
160
132
+20.3%
Diluted shares, weighted
131m
109m
91m
+19.2%
Shares outstanding at period end
119m
112m
91m
+6.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
2,405
2,142
1,665
+12.3%
Debt
4,400
4,247
2,975
+3.6%
Other liabilities
276
163
120
+68.8%
Total liabilities and equity
7,080
6,552
4,760
+8.1%
Intangible assets
n/a
14.0
84.0
Securities held for sale or to maturity
6.8
7.2
10.2
-4.8%
Cash and equivalents
130
62.6
156
+107.2%
Other assets
6,944
6,469
4,510
+7.3%
Total assets
7,080
6,552
4,760
+8.1%
10-K for the year ended 31 December 2024, filed 14 February 2025: the filing.