vs

Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and NATURES SUNSHINE PRODUCTS INC (NATR). Click either name above to swap in a different company.

NATURES SUNSHINE PRODUCTS INC is the larger business by last-quarter revenue ($123.8M vs $114.8M, roughly 1.1× HA Sustainable Infrastructure Capital, Inc.). NATURES SUNSHINE PRODUCTS INC runs the higher net margin — 3.3% vs -46.8%, a 50.1% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs 4.7%). Over the past eight quarters, NATURES SUNSHINE PRODUCTS INC's revenue compounded faster (5.6% 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.

Nature's Sunshine Products, Inc. also known as "NSP", is a manufacturer of dietary supplements, including herbs, vitamins, minerals, and personal care products. It is based in Lehi, Utah, with a manufacturing facility in Spanish Fork, Utah.

HASI vs NATR — Head-to-Head

Bigger by revenue
NATR
NATR
1.1× larger
NATR
$123.8M
$114.8M
HASI
Growing faster (revenue YoY)
HASI
HASI
+8.6% gap
HASI
13.3%
4.7%
NATR
Higher net margin
NATR
NATR
50.1% more per $
NATR
3.3%
-46.8%
HASI
Faster 2-yr revenue CAGR
NATR
NATR
Annualised
NATR
5.6%
4.2%
HASI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HASI
HASI
NATR
NATR
Revenue
$114.8M
$123.8M
Net Profit
$-53.8M
$4.1M
Gross Margin
72.5%
Operating Margin
-57.4%
4.3%
Net Margin
-46.8%
3.3%
Revenue YoY
13.3%
4.7%
Net Profit YoY
-176.7%
1379.4%
EPS (diluted)
$-0.38
$0.23

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
NATR
NATR
Q4 25
$114.8M
$123.8M
Q3 25
$103.1M
$128.3M
Q2 25
$85.7M
$114.8M
Q1 25
$96.9M
$113.2M
Q4 24
$101.3M
$118.2M
Q3 24
$82.0M
$114.6M
Q2 24
$94.5M
$110.6M
Q1 24
$105.8M
$111.0M
Net Profit
HASI
HASI
NATR
NATR
Q4 25
$-53.8M
$4.1M
Q3 25
$83.3M
$5.3M
Q2 25
$98.4M
$5.3M
Q1 25
$56.6M
$4.7M
Q4 24
$70.1M
$-321.0K
Q3 24
$-19.6M
$4.3M
Q2 24
$26.5M
$1.3M
Q1 24
$123.0M
$2.3M
Gross Margin
HASI
HASI
NATR
NATR
Q4 25
72.5%
Q3 25
73.3%
Q2 25
71.7%
Q1 25
72.1%
Q4 24
72.0%
Q3 24
71.3%
Q2 24
71.4%
Q1 24
71.2%
Operating Margin
HASI
HASI
NATR
NATR
Q4 25
-57.4%
4.3%
Q3 25
7.0%
Q2 25
3.7%
Q1 25
84.7%
5.4%
Q4 24
90.9%
3.8%
Q3 24
-32.1%
4.6%
Q2 24
39.5%
5.1%
Q1 24
4.2%
Net Margin
HASI
HASI
NATR
NATR
Q4 25
-46.8%
3.3%
Q3 25
80.8%
4.2%
Q2 25
114.9%
4.6%
Q1 25
58.4%
4.2%
Q4 24
69.2%
-0.3%
Q3 24
-23.9%
3.8%
Q2 24
28.1%
1.2%
Q1 24
116.3%
2.1%
EPS (diluted)
HASI
HASI
NATR
NATR
Q4 25
$-0.38
$0.23
Q3 25
$0.61
$0.30
Q2 25
$0.74
$0.28
Q1 25
$0.44
$0.25
Q4 24
$0.58
$-0.02
Q3 24
$-0.17
$0.23
Q2 24
$0.23
$0.07
Q1 24
$0.98
$0.12

Balance Sheet & Financial Strength

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

Metric
HASI
HASI
NATR
NATR
Cash + ST InvestmentsLiquidity on hand
$110.2M
$93.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$161.6M
Total Assets
$8.2B
$261.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HASI
HASI
NATR
NATR
Q4 25
$110.2M
$93.9M
Q3 25
$301.8M
$95.6M
Q2 25
$86.5M
$81.3M
Q1 25
$67.4M
$86.5M
Q4 24
$129.8M
$84.7M
Q3 24
$44.1M
$78.7M
Q2 24
$145.7M
$68.7M
Q1 24
$61.4M
$77.8M
Total Debt
HASI
HASI
NATR
NATR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$2.1M
Stockholders' Equity
HASI
HASI
NATR
NATR
Q4 25
$2.7B
$161.6M
Q3 25
$2.7B
$166.7M
Q2 25
$2.6B
$163.7M
Q1 25
$2.5B
$167.1M
Q4 24
$2.4B
$161.0M
Q3 24
$2.3B
$162.6M
Q2 24
$2.3B
$156.4M
Q1 24
$2.3B
$159.7M
Total Assets
HASI
HASI
NATR
NATR
Q4 25
$8.2B
$261.1M
Q3 25
$8.2B
$264.8M
Q2 25
$7.6B
$254.9M
Q1 25
$7.5B
$252.7M
Q4 24
$7.1B
$240.9M
Q3 24
$6.7B
$245.3M
Q2 24
$6.7B
$235.8M
Q1 24
$6.7B
$247.3M
Debt / Equity
HASI
HASI
NATR
NATR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.01×

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
NATR
NATR
Operating Cash FlowLast quarter
$167.3M
$9.9M
Free Cash FlowOCF − Capex
$7.6M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
2.41×
TTM Free Cash FlowTrailing 4 quarters
$28.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HASI
HASI
NATR
NATR
Q4 25
$167.3M
$9.9M
Q3 25
$-121.8M
$18.5M
Q2 25
$79.6M
$4.3M
Q1 25
$-37.1M
$2.6M
Q4 24
$5.9M
$12.2M
Q3 24
$21.9M
$9.6M
Q2 24
$-24.8M
$1.3M
Q1 24
$20.9M
$2.2M
Free Cash Flow
HASI
HASI
NATR
NATR
Q4 25
$7.6M
Q3 25
$16.8M
Q2 25
$3.0M
Q1 25
$1.5M
Q4 24
$10.0M
Q3 24
$7.9M
Q2 24
$-2.0M
Q1 24
$-1.5M
FCF Margin
HASI
HASI
NATR
NATR
Q4 25
6.1%
Q3 25
13.1%
Q2 25
2.6%
Q1 25
1.3%
Q4 24
8.5%
Q3 24
6.9%
Q2 24
-1.9%
Q1 24
-1.4%
Capex Intensity
HASI
HASI
NATR
NATR
Q4 25
1.9%
Q3 25
1.3%
Q2 25
1.2%
Q1 25
1.0%
Q4 24
1.9%
Q3 24
1.5%
Q2 24
3.0%
Q1 24
3.3%
Cash Conversion
HASI
HASI
NATR
NATR
Q4 25
2.41×
Q3 25
-1.46×
3.46×
Q2 25
0.81×
0.81×
Q1 25
-0.66×
0.55×
Q4 24
0.08×
Q3 24
2.21×
Q2 24
-0.94×
0.97×
Q1 24
0.17×
0.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HASI
HASI

Segment breakdown not available.

NATR
NATR

Other$68.1M55%
General Health Products$20.2M16%
Digestive Products$13.8M11%
Cardiovascular Products$12.1M10%
Personal Care Products$4.4M4%
Immunity Products$3.1M3%
Weight Management Products$2.1M2%

Related Comparisons