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

GIBRALTAR INDUSTRIES, INC. is the larger business by last-quarter revenue ($225.0M vs $114.8M, roughly 2.0× HA Sustainable Infrastructure Capital, Inc.). On growth, GIBRALTAR INDUSTRIES, INC. posted the faster year-over-year revenue change (24.9% vs 13.3%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -12.3%).

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.

Gibraltar Industries, Inc. is a leading manufacturer and distributor of specialized building, infrastructure, and renewable energy products. Its offerings include ventilation systems, roofing accessories, solar mounting solutions, and landscape and garden products, serving residential, commercial construction, and clean energy markets primarily across North America, with a focus on innovative, sustainable solutions for its customers.

HASI vs ROCK — Head-to-Head

Bigger by revenue
ROCK
ROCK
2.0× larger
ROCK
$225.0M
$114.8M
HASI
Growing faster (revenue YoY)
ROCK
ROCK
+11.6% gap
ROCK
24.9%
13.3%
HASI
Faster 2-yr revenue CAGR
HASI
HASI
Annualised
HASI
4.2%
-12.3%
ROCK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HASI
HASI
ROCK
ROCK
Revenue
$114.8M
$225.0M
Net Profit
$-53.8M
Gross Margin
25.3%
Operating Margin
-57.4%
7.9%
Net Margin
-46.8%
Revenue YoY
13.3%
24.9%
Net Profit YoY
-176.7%
EPS (diluted)
$-0.38

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.

Revenue
HASI
HASI
ROCK
ROCK
Q4 25
$114.8M
$225.0M
Q3 25
$103.1M
$310.9M
Q2 25
$85.7M
$309.5M
Q1 25
$96.9M
$290.0M
Q4 24
$101.3M
$180.1M
Q3 24
$82.0M
$277.1M
Q2 24
$94.5M
$273.6M
Q1 24
$105.8M
$292.5M
Net Profit
HASI
HASI
ROCK
ROCK
Q4 25
$-53.8M
Q3 25
$83.3M
$-89.1M
Q2 25
$98.4M
$26.0M
Q1 25
$56.6M
$21.1M
Q4 24
$70.1M
Q3 24
$-19.6M
$34.0M
Q2 24
$26.5M
$32.2M
Q1 24
$123.0M
$24.9M
Gross Margin
HASI
HASI
ROCK
ROCK
Q4 25
25.3%
Q3 25
26.6%
Q2 25
28.4%
Q1 25
26.8%
Q4 24
29.0%
Q3 24
29.4%
Q2 24
30.5%
Q1 24
28.9%
Operating Margin
HASI
HASI
ROCK
ROCK
Q4 25
-57.4%
7.9%
Q3 25
12.8%
Q2 25
12.8%
Q1 25
84.7%
8.8%
Q4 24
90.9%
13.3%
Q3 24
-32.1%
15.6%
Q2 24
39.5%
14.9%
Q1 24
10.8%
Net Margin
HASI
HASI
ROCK
ROCK
Q4 25
-46.8%
Q3 25
80.8%
-28.6%
Q2 25
114.9%
8.4%
Q1 25
58.4%
7.3%
Q4 24
69.2%
Q3 24
-23.9%
12.3%
Q2 24
28.1%
11.8%
Q1 24
116.3%
8.5%
EPS (diluted)
HASI
HASI
ROCK
ROCK
Q4 25
$-0.38
Q3 25
$0.61
$-2.98
Q2 25
$0.74
$0.87
Q1 25
$0.44
Q4 24
$0.58
Q3 24
$-0.17
$1.11
Q2 24
$0.23
$1.05
Q1 24
$0.98

Balance Sheet & Financial Strength

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

Metric
HASI
HASI
ROCK
ROCK
Cash + ST InvestmentsLiquidity on hand
$110.2M
$115.7M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$2.7B
$950.4M
Total Assets
$8.2B
$1.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HASI
HASI
ROCK
ROCK
Q4 25
$110.2M
$115.7M
Q3 25
$301.8M
$89.4M
Q2 25
$86.5M
$43.3M
Q1 25
$67.4M
$25.1M
Q4 24
$129.8M
$269.5M
Q3 24
$44.1M
$228.9M
Q2 24
$145.7M
$179.1M
Q1 24
$61.4M
$146.7M
Total Debt
HASI
HASI
ROCK
ROCK
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
HASI
HASI
ROCK
ROCK
Q4 25
$2.7B
$950.4M
Q3 25
$2.7B
$951.8M
Q2 25
$2.6B
$1.0B
Q1 25
$2.5B
$1.0B
Q4 24
$2.4B
$1.0B
Q3 24
$2.3B
$1.0B
Q2 24
$2.3B
$975.7M
Q1 24
$2.3B
$940.2M
Total Assets
HASI
HASI
ROCK
ROCK
Q4 25
$8.2B
$1.4B
Q3 25
$8.2B
$1.4B
Q2 25
$7.6B
$1.5B
Q1 25
$7.5B
$1.4B
Q4 24
$7.1B
$1.4B
Q3 24
$6.7B
$1.4B
Q2 24
$6.7B
$1.4B
Q1 24
$6.7B
$1.3B
Debt / Equity
HASI
HASI
ROCK
ROCK
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

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
ROCK
ROCK
Operating Cash FlowLast quarter
$167.3M
$35.5M
Free Cash FlowOCF − Capex
$26.2M
FCF MarginFCF / Revenue
11.7%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$120.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HASI
HASI
ROCK
ROCK
Q4 25
$167.3M
$35.5M
Q3 25
$-121.8M
$73.0M
Q2 25
$79.6M
$44.9M
Q1 25
$-37.1M
$13.7M
Q4 24
$5.9M
$19.9M
Q3 24
$21.9M
$64.7M
Q2 24
$-24.8M
$36.5M
Q1 24
$20.9M
$53.2M
Free Cash Flow
HASI
HASI
ROCK
ROCK
Q4 25
$26.2M
Q3 25
$64.8M
Q2 25
$27.3M
Q1 25
$2.3M
Q4 24
$14.1M
Q3 24
$60.5M
Q2 24
$33.5M
Q1 24
$48.8M
FCF Margin
HASI
HASI
ROCK
ROCK
Q4 25
11.7%
Q3 25
20.8%
Q2 25
8.8%
Q1 25
0.8%
Q4 24
7.8%
Q3 24
21.8%
Q2 24
12.2%
Q1 24
16.7%
Capex Intensity
HASI
HASI
ROCK
ROCK
Q4 25
4.1%
Q3 25
2.6%
Q2 25
5.7%
Q1 25
3.9%
Q4 24
3.3%
Q3 24
1.5%
Q2 24
1.1%
Q1 24
1.5%
Cash Conversion
HASI
HASI
ROCK
ROCK
Q4 25
Q3 25
-1.46×
Q2 25
0.81×
1.73×
Q1 25
-0.66×
0.65×
Q4 24
0.08×
Q3 24
1.90×
Q2 24
-0.94×
1.13×
Q1 24
0.17×
2.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HASI
HASI

Segment breakdown not available.

ROCK
ROCK

Transferred At Point In Time$183.5M82%
Infrastructure$22.5M10%
Other$18.9M8%

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