HA Sustainable Infrastructure Capital (FRA:6HA) Pretax Margin %: 192.46% (As of Mar. 2026) — 224% Above Median


FRA:6HA HA Sustainable Infrastructure Capital Inc FRA:6HA
76 GF Score
Price €34.63
GF Value €19.90
Valuation Significantly Overvalued
! 9 Warning Signs
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What is HA Sustainable Infrastructure Capital Pretax Margin %?

HA Sustainable Infrastructure Capital FRA:6HA +1.55% 76 Pretax Margin % is 192.46% as of Mar. 2026, which is 224% above its 10-year median of 59.49. GuruFocus rates FRA:6HA with a GF Score™ of 76/100 and a GF Value™ of €19.90 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,571 Asset Management companies, HA Sustainable Infrastructure Capital ranks worse than 68.62% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HA Sustainable Infrastructure Capital's Pre-Tax Income for the three months ended in Mar. 2026 was €-90.4 Mil. HA Sustainable Infrastructure Capital's Revenue for the three months ended in Mar. 2026 was €-47.0 Mil. Therefore, HA Sustainable Infrastructure Capital's pretax margin for the quarter that ended in Mar. 2026 was 192.46%.

The historical rank and industry rank for HA Sustainable Infrastructure Capital's Pretax Margin % or its related term are showing as below:

FRA:6HA' s Pretax Margin % Range Over the Past 10 Years
Min: 31.71   Med: 59.49   Max: 70.37
Current: 37.1


FRA:6HA's Pretax Margin % is ranked worse than
68.62% of 1571 companies
in the Asset Management industry
Industry Median: 89.59 vs FRA:6HA: 37.10

HA Sustainable Infrastructure Capital  (FRA:6HA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


HA Sustainable Infrastructure Capital Pretax Margin % Related Terms


HA Sustainable Infrastructure Capital Pretax Margin % Historical Data

* Premium members only.

The historical data trend for HA Sustainable Infrastructure Capital's Pretax Margin % 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.

HA Sustainable Infrastructure Capital Pretax Margin % Chart

HA Sustainable Infrastructure Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.32 31.71 62.92 70.37 66.90

HA Sustainable Infrastructure Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 68.26 84.31 76.47 211.07 192.46

FRA:6HA vs VCTR, OTF, OBDC: Pretax Margin % Comparison

For the Asset Management subindustry, HA Sustainable Infrastructure Capital's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


HA Sustainable Infrastructure Capital Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, HA Sustainable Infrastructure Capital's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HA Sustainable Infrastructure Capital's Pretax Margin % falls into.


FRA:6HA
76GF Score
HA Sustainable Infrastructure Capital Inc FRA:6HA
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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HA Sustainable Infrastructure Capital Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

HA Sustainable Infrastructure Capital's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=233.554/349.085
=66.90 %

HA Sustainable Infrastructure Capital's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-90.409/-46.976
=192.46 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 192.46% mean?
HA Sustainable Infrastructure Capital (FRA:6HA) has a Pretax Margin % of 192.46% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on HA Sustainable Infrastructure Capital and its competitors. This is 224% above median its historical median of 59.49. Over the past decade, HA Sustainable Infrastructure Capital's Pretax Margin % has ranged from 31.71 to 70.37. According to the industry distribution chart, HA Sustainable Infrastructure Capital ranks #1078 out of 1571 companies in the Asset Management industry, placing it in the top 68.6%.
Is HA Sustainable Infrastructure Capital's Pretax Margin % too high?
HA Sustainable Infrastructure Capital's current Pretax Margin % of 192.46% is 224% above median its 10-year median of 59.49. Over the past 10 years, this metric has ranged from a low of 31.71 to a high of 70.37. The Asset Management industry median Pretax Margin % is 89.59. HA Sustainable Infrastructure Capital's value of 192.46% is 114.8% above this industry median. Based on the distribution chart, HA Sustainable Infrastructure Capital ranks #1078 out of 1571 companies in the Asset Management industry, which is below the industry midpoint. Overall, HA Sustainable Infrastructure Capital has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HA Sustainable Infrastructure Capital's Pretax Margin % compare to VCTR and OTF?
According to the Asset Management industry distribution chart, HA Sustainable Infrastructure Capital ranks #1078 out of 1571 companies for Pretax Margin %. This places HA Sustainable Infrastructure Capital in the lower half of its industry. The industry median Pretax Margin % is 89.59. HA Sustainable Infrastructure Capital's value of 192.46% is 114.8% above this benchmark. Historically, HA Sustainable Infrastructure Capital's own Pretax Margin % has ranged from 31.71 to 70.37 over the past decade. While the company's 10-year median is 59.49 vs. the industry median of 89.59, HA Sustainable Infrastructure Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.59, based on 1,571 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HA Sustainable Infrastructure Capital's current Pretax Margin % of 192.46% is 114.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on HA Sustainable Infrastructure Capital and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HA Sustainable Infrastructure Capital's current Pretax Margin % is 192.46%, which is 224% above median its own 10-year median of 59.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HA Sustainable Infrastructure Capital stock overvalued right now?
Based on GuruFocus' analysis, HA Sustainable Infrastructure Capital (FRA:6HA) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.90, compared to a current price of €34.63 — trading 74% above its estimated fair value. The current Pretax Margin % is 192.46%, which is 224% above median its 10-year median of 59.49 and 114.8% above the Asset Management industry median of 89.59. HA Sustainable Infrastructure Capital's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For HA Sustainable Infrastructure Capital (FRA:6HA), the current Pretax Margin % is 192.46% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HA Sustainable Infrastructure Capital (FRA:6HA) Overvalued in 2026?

Based on GuruFocus' analysis, HA Sustainable Infrastructure Capital stock appears to be overvalued. The current stock price of €34.63 is trading 74% above its estimated GF Value™ of €19.90. GuruFocus considers HA Sustainable Infrastructure Capital to be Significantly Overvalued.

Key valuation signals for FRA:6HA:

  • Pretax Margin %: 192.46% (224% above median its 10-year median of 59.49)
  • GF Value™: €19.90 vs. price of €34.63 (74% above fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 114.8% above the Asset Management median (#1078 of 1571)

No single metric tells the full story. See the FRA:6HA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HA Sustainable Infrastructure Capital Business Description

Other Exchanges HASI:USA0J2Z:UK6HA:Germany
Address One Park Place, Suite 200, Annapolis, MD, USA, 21401
HA Sustainable Infrastructure Capital Inc is an investor in sustainable infrastructure assets advancing the energy transition. Its investment is focused on actively partnering with clients to deploy capital in income-generating real assets that are supported by long-term recurring cash flows. This enabled to the generation of attractive risk-adjusted returns and provided stockholders with diversified exposure to the energy transition. The company's single reportable segment generates net investment and equity method investment income through investments in energy transition assets and infrastructure projects, as well as revenue through the gain on sale of assets and recurring asset management fees.
76GF Score

Get the complete analysis for FRA:6HA

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€34.63
Price
€19.90
GF Value