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HA Sustainable Infrastructure Capital, Inc. 8-K-A Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

HA Sustainable Infrastructure C
,

Filing date:

02/21/2025

TLDR:

HA Sustainable Infrastructure Capital, Inc. announced its Q4 and full year 2024 financial results, including GAAP EPS of $1.62 and Adjusted EPS of $2.45, and extended its 8-10% annual Adjusted EPS growth guidance to 2027.

ELI5:

HA Sustainable Infrastructure Capital, Inc., a company that invests in environmentally friendly projects, released its earnings report, which had a small mistake that they have now fixed. The company made more money than last year and expects to continue growing.

Accession #:

0001561894-25-000013

Published on

Analyst Summary

  • GAAP EPS of $1.62 on a fully diluted basis in 2024, compared with $1.42 in 2023, and Adjusted EPS of $2.45 on a fully diluted basis in 2024, up 10% year-over-year.
  • GAAP Net Investment Income of $24 million in 2024, compared to $58 million in 2023, and Adjusted Net Investment Income of $264 million, up 22% compared to $217 million in 2023.
  • Closed $2.3 billion of investments in 2024, and grew Managed Assets 11% to $13.7 billion and our Portfolio 6% in 2024 to $6.6 billion, compared to the end of 2023.
  • New portfolio asset yields exceeded 10.5% in 2024, up from more than 9% in 2023.
  • Diversified pipeline of greater than $5.5 billion as of the end of 2024.
  • Extending guidance for 8% to 10% Adjusted EPS Growth an additional year to 2027, from the 2023 baseline.
  • Increased dividend to $0.42 per share for the first quarter of 2025, and expecting payout ratio to decline to 55%-60% by 2027.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️