Hannon Armstrong Sustainable Infrastructure Capital Inc

For the period ended Dec 31, 2023. Filed Feb 16, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 16, 2024

HASI$39.14+0.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)

	Years Ended December 31,
	2023	2022	2021
Revenue
Interest income	$207,794	$134,656	$106,889
Rental income	21,251	26,245	25,905
Gain on sale of assets	68,637	57,187	68,333
Securitization asset income	19,259	17,905	9,692
Other income	2,930	3,744	2,347
Total revenue	319,871	239,737	213,166
Expenses
Interest expense	171,008	115,559	121,705
Provision for loss on receivables and securitization assets	11,832	12,798	496
Compensation and benefits	64,344	63,445	52,975
General and administrative	31,283	29,934	19,907
Total expenses	278,467	221,736	195,083
Income before equity method investments	41,404	18,001	18,083
Income (loss) from equity method investments	140,974	31,291	126,421
Income (loss) before income taxes	182,378	49,292	144,504
Income tax benefit (expense)	(31,621)	(7,381)	(17,158)
Net income (loss)	150,757	41,911	127,346
Net income (loss) attributable to non-controlling interest holders	1,921	409	767
Net income (loss) attributable to controlling stockholders	$148,836	$41,502	$126,579
Basic earnings (loss) per common share	$1.45	$0.47	$1.57
Diluted earnings (loss) per common share	$1.42	$0.47	$1.51
Weighted average common shares outstanding—basic	101,844,551	87,500,799	79,992,922
Weighted average common shares outstanding—diluted	109,467,554	90,609,329	87,671,641

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ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.