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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and MasterCraft Boat Holdings, Inc. (MCFT). Click either name above to swap in a different company.

HA Sustainable Infrastructure Capital, Inc. is the larger business by last-quarter revenue ($114.8M vs $71.8M, roughly 1.6× MasterCraft Boat Holdings, Inc.). MasterCraft Boat Holdings, Inc. runs the higher net margin — 3.5% vs -46.8%, a 50.4% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs 13.2%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -7.6%).

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.

The MasterCraft Boat Company is an American manufacturer of luxury high-performance boats. The company was founded in 1968 in Maryville, Tennessee, and is currently headquartered in Vonore, Tennessee. MasterCraft boats are used in waterskiing, wakeboarding and wake surfing.

HASI vs MCFT — Head-to-Head

Bigger by revenue
HASI
HASI
1.6× larger
HASI
$114.8M
$71.8M
MCFT
Growing faster (revenue YoY)
HASI
HASI
+0.1% gap
HASI
13.3%
13.2%
MCFT
Higher net margin
MCFT
MCFT
50.4% more per $
MCFT
3.5%
-46.8%
HASI
Faster 2-yr revenue CAGR
HASI
HASI
Annualised
HASI
4.2%
-7.6%
MCFT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
HASI
HASI
MCFT
MCFT
Revenue
$114.8M
$71.8M
Net Profit
$-53.8M
$2.5M
Gross Margin
21.6%
Operating Margin
-57.4%
3.8%
Net Margin
-46.8%
3.5%
Revenue YoY
13.3%
13.2%
Net Profit YoY
-176.7%
-8.0%
EPS (diluted)
$-0.38
$0.16

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.

Revenue
HASI
HASI
MCFT
MCFT
Q4 25
$114.8M
$71.8M
Q3 25
$103.1M
$69.0M
Q2 25
$85.7M
$79.5M
Q1 25
$96.9M
$76.0M
Q4 24
$101.3M
$63.4M
Q3 24
$82.0M
$65.4M
Q2 24
$94.5M
$94.3M
Q1 24
$105.8M
$84.0M
Net Profit
HASI
HASI
MCFT
MCFT
Q4 25
$-53.8M
$2.5M
Q3 25
$83.3M
$3.6M
Q2 25
$98.4M
$5.7M
Q1 25
$56.6M
$3.7M
Q4 24
$70.1M
$2.7M
Q3 24
$-19.6M
$-5.1M
Q2 24
$26.5M
$6.2M
Q1 24
$123.0M
$3.8M
Gross Margin
HASI
HASI
MCFT
MCFT
Q4 25
21.6%
Q3 25
22.3%
Q2 25
23.2%
Q1 25
20.8%
Q4 24
17.2%
Q3 24
18.1%
Q2 24
23.8%
Q1 24
23.3%
Operating Margin
HASI
HASI
MCFT
MCFT
Q4 25
-57.4%
3.8%
Q3 25
5.5%
Q2 25
7.5%
Q1 25
84.7%
5.4%
Q4 24
90.9%
0.3%
Q3 24
-32.1%
1.5%
Q2 24
39.5%
11.2%
Q1 24
8.0%
Net Margin
HASI
HASI
MCFT
MCFT
Q4 25
-46.8%
3.5%
Q3 25
80.8%
5.3%
Q2 25
114.9%
7.2%
Q1 25
58.4%
4.9%
Q4 24
69.2%
4.3%
Q3 24
-23.9%
-7.9%
Q2 24
28.1%
6.6%
Q1 24
116.3%
4.5%
EPS (diluted)
HASI
HASI
MCFT
MCFT
Q4 25
$-0.38
$0.16
Q3 25
$0.61
$0.22
Q2 25
$0.74
$0.34
Q1 25
$0.44
$0.23
Q4 24
$0.58
$0.17
Q3 24
$-0.17
$-0.31
Q2 24
$0.23
$0.38
Q1 24
$0.98
$0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HASI
HASI
MCFT
MCFT
Cash + ST InvestmentsLiquidity on hand
$110.2M
$81.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$189.1M
Total Assets
$8.2B
$259.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HASI
HASI
MCFT
MCFT
Q4 25
$110.2M
$81.4M
Q3 25
$301.8M
$67.3M
Q2 25
$86.5M
$79.4M
Q1 25
$67.4M
$66.5M
Q4 24
$129.8M
$62.9M
Q3 24
$44.1M
$14.2M
Q2 24
$145.7M
$86.2M
Q1 24
$61.4M
$22.5M
Total Debt
HASI
HASI
MCFT
MCFT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$49.5M
Q2 24
$49.3M
Q1 24
$50.4M
Stockholders' Equity
HASI
HASI
MCFT
MCFT
Q4 25
$2.7B
$189.1M
Q3 25
$2.7B
$185.5M
Q2 25
$2.6B
$183.4M
Q1 25
$2.5B
$182.1M
Q4 24
$2.4B
$178.3M
Q3 24
$2.3B
$175.4M
Q2 24
$2.3B
$183.7M
Q1 24
$2.3B
$196.9M
Total Assets
HASI
HASI
MCFT
MCFT
Q4 25
$8.2B
$259.7M
Q3 25
$8.2B
$259.3M
Q2 25
$7.6B
$259.9M
Q1 25
$7.5B
$261.9M
Q4 24
$7.1B
$250.1M
Q3 24
$6.7B
$309.1M
Q2 24
$6.7B
$259.9M
Q1 24
$6.7B
$340.9M
Debt / Equity
HASI
HASI
MCFT
MCFT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.28×
Q2 24
0.27×
Q1 24
0.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HASI
HASI
MCFT
MCFT
Operating Cash FlowLast quarter
$167.3M
$15.6M
Free Cash FlowOCF − Capex
$14.0M
FCF MarginFCF / Revenue
19.5%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
6.17×
TTM Free Cash FlowTrailing 4 quarters
$26.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HASI
HASI
MCFT
MCFT
Q4 25
$167.3M
$15.6M
Q3 25
$-121.8M
$-6.8M
Q2 25
$79.6M
$20.4M
Q1 25
$-37.1M
$6.3M
Q4 24
$5.9M
$6.4M
Q3 24
$21.9M
$2.4M
Q2 24
$-24.8M
Q1 24
$20.9M
$3.6M
Free Cash Flow
HASI
HASI
MCFT
MCFT
Q4 25
$14.0M
Q3 25
$-9.9M
Q2 25
$17.9M
Q1 25
$4.3M
Q4 24
$4.0M
Q3 24
$199.0K
Q2 24
Q1 24
$453.0K
FCF Margin
HASI
HASI
MCFT
MCFT
Q4 25
19.5%
Q3 25
-14.4%
Q2 25
22.5%
Q1 25
5.7%
Q4 24
6.4%
Q3 24
0.3%
Q2 24
Q1 24
0.5%
Capex Intensity
HASI
HASI
MCFT
MCFT
Q4 25
2.3%
Q3 25
4.5%
Q2 25
3.3%
Q1 25
2.6%
Q4 24
3.8%
Q3 24
3.4%
Q2 24
Q1 24
3.8%
Cash Conversion
HASI
HASI
MCFT
MCFT
Q4 25
6.17×
Q3 25
-1.46×
-1.88×
Q2 25
0.81×
3.59×
Q1 25
-0.66×
1.69×
Q4 24
0.08×
2.34×
Q3 24
Q2 24
-0.94×
Q1 24
0.17×
0.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HASI
HASI

Segment breakdown not available.

MCFT
MCFT

Boats And Trailers$59.5M83%
Pontoon$10.0M14%
Parts$1.7M2%

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