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HA Sustainable Infrastructure CapitalHASI -0.54%73 Return-on-Tangible-Equity is 20.64% as of Jun. 2026, which is 171% above its 10-year median of 7.61. GuruFocus rates HASI with a GF Score™ of 73/100 and a GF Value™ of $33.74 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,592 Asset Management companies, HA Sustainable Infrastructure Capital ranks worse than 65.39% on this metric.
The historical rank and industry rank for HA Sustainable Infrastructure Capital's Return-on-Tangible-Equity or its related term are showing as below:
HASI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.62 Med: 7.61 Max: 9.39
Current: 3.4
During the past 13 years, HA Sustainable Infrastructure Capital's highest Return-on-Tangible-Equity was 9.39%. The lowest was 2.62%. And the median was 7.61%.
HASI's Return-on-Tangible-Equity is ranked worse than 65.39% of 1592
companies
in the Asset Management industry
Industry Median: 7.41
vs HASI: 3.40
HA Sustainable Infrastructure Capital (NYSE:HASI) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
HA Sustainable Infrastructure Capital Return-on-Tangible-Equity Related Terms
HA Sustainable Infrastructure Capital Return-on-Tangible-Equity Historical Data
* 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 Return-on-Tangible-Equity Chart
HASI vs MAIN, OTF, OBDC: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, HA Sustainable Infrastructure Capital's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, HA Sustainable Infrastructure Capital's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where HA Sustainable Infrastructure Capital's Return-on-Tangible-Equity falls into.
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.64% mean?
HA Sustainable Infrastructure Capital (HASI) has a Return-on-Tangible-Equity of 20.64% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HA Sustainable Infrastructure Capital and its competitors. This is 171% above median its historical median of 7.61. Over the past decade, HA Sustainable Infrastructure Capital's Return-on-Tangible-Equity has ranged from 2.62 to 9.39. According to the industry distribution chart, HA Sustainable Infrastructure Capital ranks #1041 out of 1592 companies in the Asset Management industry, placing it in the top 65.4%.
Is HA Sustainable Infrastructure Capital's Return-on-Tangible-Equity too high?
HA Sustainable Infrastructure Capital's current Return-on-Tangible-Equity of 20.64% is 171% above median its 10-year median of 7.61. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 9.39. The Asset Management industry median Return-on-Tangible-Equity is 7.41. HA Sustainable Infrastructure Capital's value of 20.64% is 178.5% above this industry median. Based on the distribution chart, HA Sustainable Infrastructure Capital ranks #1041 out of 1592 companies in the Asset Management industry, which is below the industry midpoint. Overall, HA Sustainable Infrastructure Capital has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HA Sustainable Infrastructure Capital's Return-on-Tangible-Equity compare to MAIN and OTF?
According to the Asset Management industry distribution chart, HA Sustainable Infrastructure Capital ranks #1041 out of 1592 companies for Return-on-Tangible-Equity. This places HA Sustainable Infrastructure Capital in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.41. HA Sustainable Infrastructure Capital's value of 20.64% is 178.5% above this benchmark. Historically, HA Sustainable Infrastructure Capital's own Return-on-Tangible-Equity has ranged from 2.62 to 9.39 over the past decade. While the company's 10-year median is 7.61 vs. the industry median of 7.41, 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.41, based on 1,592 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HA Sustainable Infrastructure Capital's current Return-on-Tangible-Equity of 20.64% is 178.5% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HA Sustainable Infrastructure Capital and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HA Sustainable Infrastructure Capital's current Return-on-Tangible-Equity is 20.64%, which is 171% above median its own 10-year median of 7.61. 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 (HASI) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.74, compared to a current price of $42.12 — trading 24.8% above its estimated fair value. The current Return-on-Tangible-Equity is 20.64%, which is 171% above median its 10-year median of 7.61 and 178.5% above the Asset Management industry median of 7.41. HA Sustainable Infrastructure Capital's overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For HA Sustainable Infrastructure Capital (HASI), the current Return-on-Tangible-Equity is 20.64% as of Jun. 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 (HASI) Overvalued in 2026?
Based on GuruFocus' analysis, HA Sustainable Infrastructure Capital stock appears to be overvalued.
The current stock price of $42.12 is trading 24.8% above its estimated GF Value™ of $33.74.
GuruFocus considers HA Sustainable Infrastructure Capital to be Modestly Overvalued.
Key valuation signals for HASI:
Return-on-Tangible-Equity: 20.64% (171% above median its 10-year median of 7.61)
GF Value™: $33.74 vs. price of $42.12 (24.8% above fair value)
Industry Position: 178.5% above the Asset Management median (#1041 of 1592)
No single metric tells the full story. See the HASI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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