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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and Loar Holdings Inc. (LOAR). Click either name above to swap in a different company.
Loar Holdings Inc. is the larger business by last-quarter revenue ($131.8M vs $114.8M, roughly 1.1× HA Sustainable Infrastructure Capital, Inc.). Loar Holdings Inc. runs the higher net margin — 9.5% vs -46.8%, a 56.3% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 13.3%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% CAGR vs 4.2%).
HA Sustainable Infrastructure Capital, Inc. (HASI) is a specialized investment firm focused on sustainable infrastructure assets covering renewable energy, energy efficiency, sustainable real estate and low-carbon utility segments. It primarily operates in North American markets, providing long-term capital to eligible sustainable projects and delivering stable risk-adjusted returns to investors through recurring cash flows from operational underlying assets.
HASI vs LOAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.8M | $131.8M |
| Net Profit | $-53.8M | $12.5M |
| Gross Margin | — | 52.1% |
| Operating Margin | -57.4% | 18.0% |
| Net Margin | -46.8% | 9.5% |
| Revenue YoY | 13.3% | 19.3% |
| Net Profit YoY | -176.7% | 239.5% |
| EPS (diluted) | $-0.38 | $0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $114.8M | $131.8M | ||
| Q3 25 | $103.1M | $126.8M | ||
| Q2 25 | $85.7M | $123.1M | ||
| Q1 25 | $96.9M | $114.7M | ||
| Q4 24 | $101.3M | $110.4M | ||
| Q3 24 | $82.0M | $103.5M | ||
| Q2 24 | $94.5M | $97.0M | ||
| Q1 24 | $105.8M | $91.8M |
| Q4 25 | $-53.8M | $12.5M | ||
| Q3 25 | $83.3M | $27.6M | ||
| Q2 25 | $98.4M | $16.7M | ||
| Q1 25 | $56.6M | $15.3M | ||
| Q4 24 | $70.1M | $3.7M | ||
| Q3 24 | $-19.6M | $8.7M | ||
| Q2 24 | $26.5M | $7.6M | ||
| Q1 24 | $123.0M | $2.2M |
| Q4 25 | — | 52.1% | ||
| Q3 25 | — | 52.7% | ||
| Q2 25 | — | 53.8% | ||
| Q1 25 | — | 52.1% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | 51.1% | ||
| Q2 24 | — | 49.0% | ||
| Q1 24 | — | 48.4% |
| Q4 25 | -57.4% | 18.0% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | 84.7% | 22.8% | ||
| Q4 24 | 90.9% | 19.2% | ||
| Q3 24 | -32.1% | 22.1% | ||
| Q2 24 | 39.5% | 22.9% | ||
| Q1 24 | — | 23.3% |
| Q4 25 | -46.8% | 9.5% | ||
| Q3 25 | 80.8% | 21.8% | ||
| Q2 25 | 114.9% | 13.6% | ||
| Q1 25 | 58.4% | 13.4% | ||
| Q4 24 | 69.2% | 3.3% | ||
| Q3 24 | -23.9% | 8.4% | ||
| Q2 24 | 28.1% | 7.9% | ||
| Q1 24 | 116.3% | 2.4% |
| Q4 25 | $-0.38 | $0.13 | ||
| Q3 25 | $0.61 | $0.29 | ||
| Q2 25 | $0.74 | $0.17 | ||
| Q1 25 | $0.44 | $0.16 | ||
| Q4 24 | $0.58 | $-11023.48 | ||
| Q3 24 | $-0.17 | $0.09 | ||
| Q2 24 | $0.23 | $0.09 | ||
| Q1 24 | $0.98 | $11023.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $110.2M | $84.8M |
| Total DebtLower is stronger | — | $715.7M |
| Stockholders' EquityBook value | $2.7B | $1.2B |
| Total Assets | $8.2B | $2.0B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.2M | $84.8M | ||
| Q3 25 | $301.8M | $99.0M | ||
| Q2 25 | $86.5M | $103.3M | ||
| Q1 25 | $67.4M | $80.5M | ||
| Q4 24 | $129.8M | $54.1M | ||
| Q3 24 | $44.1M | $55.2M | ||
| Q2 24 | $145.7M | $73.2M | ||
| Q1 24 | $61.4M | $28.2M |
| Q4 25 | — | $715.7M | ||
| Q3 25 | — | $279.4M | ||
| Q2 25 | — | $277.7M | ||
| Q1 25 | — | $277.5M | ||
| Q4 24 | — | $277.3M | ||
| Q3 24 | — | $602.1M | ||
| Q2 24 | — | $250.7M | ||
| Q1 24 | — | $534.2M |
| Q4 25 | $2.7B | $1.2B | ||
| Q3 25 | $2.7B | $1.2B | ||
| Q2 25 | $2.6B | $1.1B | ||
| Q1 25 | $2.5B | $1.1B | ||
| Q4 24 | $2.4B | $1.1B | ||
| Q3 24 | $2.3B | $769.8M | ||
| Q2 24 | $2.3B | $758.4M | ||
| Q1 24 | $2.3B | $420.6M |
| Q4 25 | $8.2B | $2.0B | ||
| Q3 25 | $8.2B | $1.5B | ||
| Q2 25 | $7.6B | $1.5B | ||
| Q1 25 | $7.5B | $1.5B | ||
| Q4 24 | $7.1B | $1.5B | ||
| Q3 24 | $6.7B | $1.5B | ||
| Q2 24 | $6.7B | $1.1B | ||
| Q1 24 | $6.7B | $1.1B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.78× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 1.27× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $167.3M | $30.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 2.43× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.3M | $30.4M | ||
| Q3 25 | $-121.8M | $29.7M | ||
| Q2 25 | $79.6M | $23.8M | ||
| Q1 25 | $-37.1M | $28.4M | ||
| Q4 24 | $5.9M | $20.7M | ||
| Q3 24 | $21.9M | $16.3M | ||
| Q2 24 | $-24.8M | $7.1M | ||
| Q1 24 | $20.9M | $10.8M |
| Q4 25 | — | 2.43× | ||
| Q3 25 | -1.46× | 1.08× | ||
| Q2 25 | 0.81× | 1.42× | ||
| Q1 25 | -0.66× | 1.85× | ||
| Q4 24 | 0.08× | 5.62× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | -0.94× | 0.93× | ||
| Q1 24 | 0.17× | 4.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HASI
Segment breakdown not available.
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
