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Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) ROE % : 17.32% (As of Dec. 2023)


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What is Hannon Armstrong Sustainable Infrastructure Capital ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hannon Armstrong Sustainable Infrastructure Capital's annualized net income for the quarter that ended in Dec. 2023 was $359.0 Mil. Hannon Armstrong Sustainable Infrastructure Capital's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2,072.6 Mil. Therefore, Hannon Armstrong Sustainable Infrastructure Capital's annualized ROE % for the quarter that ended in Dec. 2023 was 17.32%.

The historical rank and industry rank for Hannon Armstrong Sustainable Infrastructure Capital's ROE % or its related term are showing as below:

HASI' s ROE % Range Over the Past 10 Years
Min: 2.28   Med: 5.44   Max: 9.39
Current: 7.97

During the past 13 years, Hannon Armstrong Sustainable Infrastructure Capital's highest ROE % was 9.39%. The lowest was 2.28%. And the median was 5.44%.

HASI's ROE % is ranked better than
70.87% of 800 companies
in the REITs industry
Industry Median: 4.21 vs HASI: 7.97

Hannon Armstrong Sustainable Infrastructure Capital ROE % Historical Data

The historical data trend for Hannon Armstrong Sustainable Infrastructure Capital's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hannon Armstrong Sustainable Infrastructure Capital ROE % Chart

Hannon Armstrong Sustainable Infrastructure Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.39 7.70 9.21 2.62 8.00

Hannon Armstrong Sustainable Infrastructure Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.91 5.94 3.03 4.29 17.32

Competitive Comparison of Hannon Armstrong Sustainable Infrastructure Capital's ROE %

For the REIT - Specialty subindustry, Hannon Armstrong Sustainable Infrastructure Capital's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hannon Armstrong Sustainable Infrastructure Capital's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hannon Armstrong Sustainable Infrastructure Capital's ROE % distribution charts can be found below:

* The bar in red indicates where Hannon Armstrong Sustainable Infrastructure Capital's ROE % falls into.



Hannon Armstrong Sustainable Infrastructure Capital ROE % Calculation

Hannon Armstrong Sustainable Infrastructure Capital's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=148.836/( (1629.237+2092.261)/ 2 )
=148.836/1860.749
=8.00 %

Hannon Armstrong Sustainable Infrastructure Capital's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=359.044/( (2052.9+2092.261)/ 2 )
=359.044/2072.5805
=17.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Hannon Armstrong Sustainable Infrastructure Capital  (NYSE:HASI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=359.044/2072.5805
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(359.044 / 598.14)*(598.14 / 6230.247)*(6230.247 / 2072.5805)
=Net Margin %*Asset Turnover*Equity Multiplier
=60.03 %*0.096*3.006
=ROA %*Equity Multiplier
=5.76 %*3.006
=17.32 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=359.044/2072.5805
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (359.044 / 511.64) * (511.64 / 598.14) * (598.14 / 6230.247) * (6230.247 / 2072.5805)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7018 * 85.54 % * 0.096 * 3.006
=17.32 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Hannon Armstrong Sustainable Infrastructure Capital ROE % Related Terms

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Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 200, Annapolis, MD, USA, 21401
Hannon Armstrong Sustainable Infrastructure Capital Inc provides debt and equity financing to the energy markets in the United States. The company focuses on investments in two types of projects: energy-efficiency projects and renewable-energy projects. Energy-efficiency projects reduce the energy use and energy cost of building or facility through the improvement or installation of building components including heat, ventilation, and air conditioning systems; lights; energy controls; roofs; windows; building shells; and heat and power systems. Renewable-energy projects deploy cleaner energy sources such as solar and wind to generate power production. The company also provides financing solutions for other projects to improve energy efficiency and the environment.
Executives
Clarence D Armbrister director C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Richard Santoroski officer: EVP and Chief Risk Officer 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Marc T. Pangburn officer: EVP and Co-CIO C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Jeffrey Lipson officer: Chief Financial Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Teresa Brenner director 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Richard J Osborne director C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Jeffrey Eckel director, officer: Chairman, President & CEO 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Nathaniel Rose officer: EVP & COO 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Daniel K. Mcmahon officer: EVP 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Charles Melko officer: Chief Accounting Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Steven Chuslo officer: General Counsel & EVP 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Susan D Nickey officer: EVP and Chief Client Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD. SUITE 370, ANNAPOLIS MD 21401
Kimberly A. Reed director C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Steven G Osgood director 6745 ENGLE ROAD, SUITE 300, MIDDLEBURG HEIGHTS OH 44130
Lizabeth A Ardisana director 328 S. SAGINAW ST., FLINT MI 48430

Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) Headlines

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