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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and PAMT CORP (PAMT). Click either name above to swap in a different company.
PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $114.8M, roughly 1.2× HA Sustainable Infrastructure Capital, Inc.). PAMT CORP runs the higher net margin — -20.7% vs -46.8%, a 26.1% gap on every dollar of revenue. On growth, HA Sustainable Infrastructure Capital, Inc. posted the faster year-over-year revenue change (13.3% vs -15.1%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -12.0%).
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 PAMT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.8M | $141.3M |
| Net Profit | $-53.8M | $-29.3M |
| Gross Margin | — | — |
| Operating Margin | -57.4% | -27.0% |
| Net Margin | -46.8% | -20.7% |
| Revenue YoY | 13.3% | -15.1% |
| Net Profit YoY | -176.7% | 7.4% |
| EPS (diluted) | $-0.38 | $-1.38 |
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 | $141.3M | ||
| Q3 25 | $103.1M | $150.3M | ||
| Q2 25 | $85.7M | $151.1M | ||
| Q1 25 | $96.9M | $155.3M | ||
| Q4 24 | $101.3M | $166.5M | ||
| Q3 24 | $82.0M | $182.6M | ||
| Q2 24 | $94.5M | $182.9M | ||
| Q1 24 | $105.8M | $182.6M |
| Q4 25 | $-53.8M | $-29.3M | ||
| Q3 25 | $83.3M | $-5.6M | ||
| Q2 25 | $98.4M | $-9.6M | ||
| Q1 25 | $56.6M | $-8.1M | ||
| Q4 24 | $70.1M | $-31.6M | ||
| Q3 24 | $-19.6M | $2.4M | ||
| Q2 24 | $26.5M | $-2.9M | ||
| Q1 24 | $123.0M | $281.0K |
| Q4 25 | -57.4% | -27.0% | ||
| Q3 25 | — | -3.8% | ||
| Q2 25 | — | -7.3% | ||
| Q1 25 | 84.7% | -5.9% | ||
| Q4 24 | 90.9% | -22.6% | ||
| Q3 24 | -32.1% | 1.3% | ||
| Q2 24 | 39.5% | -0.4% | ||
| Q1 24 | — | -0.4% |
| Q4 25 | -46.8% | -20.7% | ||
| Q3 25 | 80.8% | -3.7% | ||
| Q2 25 | 114.9% | -6.4% | ||
| Q1 25 | 58.4% | -5.2% | ||
| Q4 24 | 69.2% | -19.0% | ||
| Q3 24 | -23.9% | 1.3% | ||
| Q2 24 | 28.1% | -1.6% | ||
| Q1 24 | 116.3% | 0.2% |
| Q4 25 | $-0.38 | $-1.38 | ||
| Q3 25 | $0.61 | $-0.27 | ||
| Q2 25 | $0.74 | $-0.46 | ||
| Q1 25 | $0.44 | $-0.37 | ||
| Q4 24 | $0.58 | $-1.44 | ||
| Q3 24 | $-0.17 | $0.11 | ||
| Q2 24 | $0.23 | $-0.13 | ||
| Q1 24 | $0.98 | $0.01 |
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 | $83.7M |
| Total DebtLower is stronger | — | $333.9M |
| Stockholders' EquityBook value | $2.7B | $210.5M |
| Total Assets | $8.2B | $697.9M |
| Debt / EquityLower = less leverage | — | 1.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.2M | $83.7M | ||
| Q3 25 | $301.8M | $115.6M | ||
| Q2 25 | $86.5M | $117.3M | ||
| Q1 25 | $67.4M | $102.7M | ||
| Q4 24 | $129.8M | $110.7M | ||
| Q3 24 | $44.1M | $92.3M | ||
| Q2 24 | $145.7M | $114.0M | ||
| Q1 24 | $61.4M | $125.8M |
| Q4 25 | — | $333.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $325.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.7B | $210.5M | ||
| Q3 25 | $2.7B | $239.5M | ||
| Q2 25 | $2.6B | $244.9M | ||
| Q1 25 | $2.5B | $269.6M | ||
| Q4 24 | $2.4B | $277.5M | ||
| Q3 24 | $2.3B | $308.9M | ||
| Q2 24 | $2.3B | $306.7M | ||
| Q1 24 | $2.3B | $314.6M |
| Q4 25 | $8.2B | $697.9M | ||
| Q3 25 | $8.2B | $715.2M | ||
| Q2 25 | $7.6B | $707.9M | ||
| Q1 25 | $7.5B | $712.6M | ||
| Q4 24 | $7.1B | $741.7M | ||
| Q3 24 | $6.7B | $756.7M | ||
| Q2 24 | $6.7B | $733.5M | ||
| Q1 24 | $6.7B | $746.4M |
| Q4 25 | — | 1.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-5.8M |
| Free Cash FlowOCF − Capex | — | $-25.0M |
| FCF MarginFCF / Revenue | — | -17.7% |
| Capex IntensityCapex / Revenue | — | 13.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-23.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.3M | $-5.8M | ||
| Q3 25 | $-121.8M | $5.9M | ||
| Q2 25 | $79.6M | $12.2M | ||
| Q1 25 | $-37.1M | $5.0M | ||
| Q4 24 | $5.9M | $15.2M | ||
| Q3 24 | $21.9M | $15.5M | ||
| Q2 24 | $-24.8M | $18.7M | ||
| Q1 24 | $20.9M | $9.6M |
| Q4 25 | — | $-25.0M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $5.9M | ||
| Q1 25 | — | $-6.8M | ||
| Q4 24 | — | $-39.9M | ||
| Q3 24 | — | $-33.6M | ||
| Q2 24 | — | $4.1M | ||
| Q1 24 | — | $-12.2M |
| Q4 25 | — | -17.7% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | -4.4% | ||
| Q4 24 | — | -24.0% | ||
| Q3 24 | — | -18.4% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | -6.7% |
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 7.6% | ||
| Q4 24 | — | 33.1% | ||
| Q3 24 | — | 26.9% | ||
| Q2 24 | — | 8.0% | ||
| Q1 24 | — | 12.0% |
| Q4 25 | — | — | ||
| Q3 25 | -1.46× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | -0.66× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | 6.44× | ||
| Q2 24 | -0.94× | — | ||
| Q1 24 | 0.17× | 34.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HASI
Segment breakdown not available.
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
