HA Sustainable Infrastructure Capital (HASI) Tax Rate (2014 - 2026)
HA Sustainable Infrastructure Capital's Tax Rate was 30.20% in Q2 2026, up 2.54 percentage points from 27.66% a year earlier and up 0.54 percentage points from the prior quarter.
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Analysis
HA Sustainable Infrastructure Capital (HASI) Tax Rate (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, HA Sustainable Infrastructure Capital's Tax Rate was 35.40% through Jun 30, 2026, up 8.88 percentage points year-over-year; for FY2025, it was 31.17%, up 5.53 percentage points from FY2024.
- Tax Rate has now increased for five consecutive years, with a five-year change of +34.92 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 25.64% in FY2024 (+8.09 pp), 17.55% in FY2023 (+2.57 pp), 14.97% in FY2022 (+3.10 pp) and 11.87% in FY2021 (+15.62 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate in data going back to Q4 2013.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +6.71 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2024 (a gain of 58.10 percentage points); the worst was Q3 2023 (a drop of 49.86 percentage points).
- Per Business Quant data, HASI's Tax Rate in the three quarters before Q2 2026 was 29.66% (Q1 2026), 17.82% (Q4 2025) and 28.89% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 24.90% |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 16.11% |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 17.91% |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 12.14% |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 15.94% |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 15.06% |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 23.17% |
| 10 | HA Sustainable Infrastructure Capital | 4.58 Bn | 3.91 Bn | - | 30.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.20% |
| Sep 30, 2025 | 28.89% |
| Jun 30, 2025 | 27.66% |
| Mar 31, 2025 | 29.24% |
| Dec 31, 2024 | 22.56% |
| Jun 30, 2024 | 27.74% |
| Mar 31, 2024 | 27.06% |
| Dec 31, 2023 | 29.16% |
| Mar 31, 2023 | 5.50% |
| Sep 30, 2022 | 18.81% |
| Mar 31, 2022 | 19.40% |
| Dec 31, 2021 | 7.53% |
| Jun 30, 2021 | 26.80% |
| Mar 31, 2021 | 12.07% |
| Sep 30, 2020 | 9.93% |
| Mar 31, 2020 | 7.60% |
| Dec 31, 2019 | 16.89% |
| Sep 30, 2019 | 1.42% |
| Jun 30, 2019 | 6.15% |
| Dec 31, 2018 | 10.20% |
API Access
HA Sustainable Infrastructure Capital Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HASI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HASI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HASI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();