HA Sustainable Infrastructure Capital profit margin HASI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- 24.1%
- Operating margin, 12 months
- 61.0%
- Net margin on a year earlier
- −49.1 pts
- Peer median
- 22.7%
Over the twelve months to Jun 30, 2026, HA Sustainable Infrastructure Capital kept 24.1% of its revenue as net profit, with an operating margin of 61.0%.
Five years earlier its net margin was 54.4%.
The median for 10 asset managers of a similar size is 22.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 58.5% | 62.5% |
| FY2024 | 52.1% | 70.2% |
| FY2023 | 46.5% | 66.4% |
| FY2022 | 17.3% | n/a |
| FY2021 | 59.4% | n/a |
| FY2020 | 44.1% | n/a |
| FY2019 | 57.6% | n/a |
| FY2018 | 29.8% | n/a |
| FY2017 | 29.2% | 71.1% |
| FY2016 | 18.0% | 66.5% |
| FY2015 | 13.6% | n/a |
| FY2014 | 33.6% | n/a |
| FY2013 | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 24.1% | −49.1 pts | 61.0% | |
| Q1 FY26 | 17.4% | −28.8 pts | 59.8% | |
| Q4 FY25 | 58.5% | +6.4 pts | 62.5% | |
| Q3 FY25 | n/a | n/a | 57.5% | |
| Q2 FY25 | 73.2% | +4.0 pts | 58.4% | |
| Q1 FY25 | 46.1% | −23.3 pts | 59.7% | |
| Q4 FY24 | 52.1% | +5.6 pts | 70.2% | |
| Q3 FY24 | 59.6% | +46.1 pts | 72.0% | |
| Q2 FY24 | 69.2% | +49.3 pts | 70.6% | |
| Q1 FY24 | 69.5% | +61.4 pts | 68.9% | |
| Q4 FY23 | 46.5% | +29.2 pts | 66.4% | |
| Q3 FY23 | 13.4% | −39.3 pts | 61.3% |
Against its peers
Companies in Asset Management nearest HA Sustainable Infrastructure Capital's size, closest first, today.
| Company | Profit margin |
|---|---|
| HASIHA Sustainable Infrastructure Capital | 24.1% |
| HLNEHamilton Lane INC | 32.1% |
| MCMoelis | n/m |
| FHIFederated Hermes | 21.3% |
| LAZLazard | 6.9% |
| DLBDolby Laboratories | 16.7% |
| CNSCohen & Steers | 28.8% |
| VCTRVictory Capital | 29.6% |
| AAMIAcadian Asset Management | 15.2% |
| ABAlliancebernstein | n/m |
| APAMArtisan Partners Asset Management | 24.1% |
| Peer median | 22.7% |
Where HA Sustainable Infrastructure Capital ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on HA Sustainable Infrastructure Capital
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.