HASI
Hannon Armstrong Sustainable Infrastructure Capital
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: HASI
- PE Ratio
As at Jul 13, 2026, the HASI stock has a PE ratio of 86.14. This is based on the current EPS of $0.44 and the stock price of $37.9 per share. An increase of 160% has been recorded in the P/E ratio compared to the average of 33.1 of the last 4 quarters.
HASI PE ratio history
The mean historical PE ratio of Hannon Armstrong Sustainable Infrastructure Capital over the last ten years is 38.43. The current 86.14 PE ratio is 124% above the historical average. In the past ten years, HASI's PE ratio was at its highest in the Mar 2023 quarter at 136.19, with a price of $28.6 and an EPS of $0.21. The Sep 2025 quarter recorded the bottom point at 12.13, with a price of $30.7 and an EPS of $2.53.
Hannon Armstrong Sustainable Infrastructure Capital PE ratio by year
Maximum annual increase: 172.29% in 2015
Maximum annual decrease: -69.15% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 21.09 | 35.19% | $31.43 | $1.49 |
| 2024 | 15.6 | -17.98% | $26.83 | $1.72 |
| 2023 | 19.02 | -69.15% | $27.58 | $1.45 |
| 2022 | 61.66 | 82.26% | $28.98 | $0.47 |
| 2021 | 33.83 | -39.73% | $53.12 | $1.57 |
| 2020 | 56.13 | 118.07% | $63.43 | $1.13 |
| 2019 | 25.74 | 1.34% | $32.18 | $1.25 |
| 2018 | 25.4 | -39.82% | $19.05 | $0.75 |
| 2017 | 42.21 | -28.87% | $24.06 | $0.57 |
| 2016 | 59.34 | -34.14% | $18.99 | $0.32 |
| 2015 | 90.1 | 172.29% | $18.92 | $0.21 |
| 2014 | 33.09 | N/A | $14.23 | $0.43 |
| 2013 | N/A | N/A | $13.96 | -$0.68 |
| 2012 | N/A | N/A | N/A | N/A |
| 2011 | N/A | N/A | N/A | N/A |
Hannon Armstrong Sustainable Infrastructure Capital PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 83.52 | 296.02% | $36.75 | $0.44 |
| Dec 2025 | 21.09 | 73.87% | $31.43 | $1.49 |
| Sep 2025 | 12.13 | -23.23% | $30.7 | $2.53 |
| Jun 2025 | 15.8 | -38.95% | $26.86 | $1.7 |
| Mar 2025 | 25.88 | 65.9% | $29.24 | $1.13 |
| Dec 2024 | 15.6 | -9.51% | $26.83 | $1.72 |
| Sep 2024 | 17.24 | 38.03% | $34.47 | $2 |
| Jun 2024 | 12.49 | 0.24% | $29.6 | $2.37 |
| Mar 2024 | 12.46 | -34.49% | $28.4 | $2.28 |
| Dec 2023 | 19.02 | -66.81% | $27.58 | $1.45 |
| Sep 2023 | 57.3 | 28.36% | $21.2 | $0.37 |
| Jun 2023 | 44.64 | -67.22% | $25 | $0.56 |
| Mar 2023 | 136.19 | 120.87% | $28.6 | $0.21 |
| Dec 2022 | 61.66 | 202.85% | $28.98 | $0.47 |
| Sep 2022 | 20.36 | -44.07% | $29.93 | $1.47 |
HASI Price vs fair value
HASI average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, HASI's PE ratio is greater than its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 86.14, HASI stands above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 24.37, Hannon Armstrong Sustainable Infrastructure Capital's P/E is 253% higher.
HASI PE vs peers
HASI's PE ratio is higher than its peer stocks SPG and DOC.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SPG Simon Property Group Inc | 15.26 | $71.18B |
| CHMI Cherry Hill Mortgage Investment Corp | 17.46 | $83.4M |
| DOC Healthpeak Properties Inc. | 67.91 | $14.98B |
| HASI Hannon Armstrong Sustainable Infrastructure Capital Inc | 86.14 | $4.87B |
| INN Summit Hotel Properties Inc | N/A | $713.04M |
Frequently asked questions
What is Hannon Armstrong Sustainable Infrastructure Capital's PE ratio?
HASI's price to earnings ratio is 86.14 as of Jul 13, 2026.
What is the 3-year average PE ratio for Hannon Armstrong Sustainable Infrastructure Capital (HASI)?
As an average over the last 3 years, HASI stock has a PE ratio of 26.59.
What is the 5-year average PE ratio for Hannon Armstrong Sustainable Infrastructure Capital (HASI)?
As an average over the last 5 years, HASI stock has a PE ratio of 37.12.
What is the highest PE ratio for HASI?
Over the last ten years, the quarterly PE ratio reached a historic high of 136.19 in the Mar 2023 quarter.
How does the current PE ratio for HASI compare to its historical average?
HASI's current price to earnings ratio is 124% above its 10-year historical average.
Why is Hannon Armstrong Sustainable Infrastructure Capital's PE ratio so high?
HASI's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
How is HASI's PE ratio calculated (Hannon Armstrong Sustainable Infrastructure Capital PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 13, 2026), Hannon Armstrong Sustainable Infrastructure Capital's stock price is $37.9. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.44. Therefore, Hannon Armstrong Sustainable Infrastructure Capital's P/E ratio for today is 86.14. PE RATIO(86.14) = STOCK PRICE($37.9) / TTM EPS($0.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.