HASI vs LB
HA Sustainable Infrastructure Capital, Inc. and LandBridge Corp., side by side — 3 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HASI | LB |
|---|---|---|
| Revenue | $400.5M | $199.1M |
| Net income | $184.5M | $30.1M |
| Gross margin | · | · |
| Net margin | 47.0% | 36.4% |
| Return on equity | 7.3% | 10.9% |
| Diluted EPS | $1.41 | $0.94 |
| Dividend / share | · | · |
| Payout ratio | 113.7% | 211.5% |
| Free cash flow | · | $122.0M |
| Equity | · | $340.3M |
| Net debt / equity | · | 1.56× |
| Current ratio | · | 4.87× |
| Revenue CAGR 5y | 16.5% | · |
| Profit CAGR 5y | 17.5% | · |
HASI bills 2.0× the revenue of LB, and keeps more of each dollar of revenue as profit (47.0% against 36.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
3 years side by side
| Fiscal year | HASI | LB |
|---|---|---|
| FY2025 | $400.5M | $199.1M |
| FY2024 | $383.6M | $110.0M |
| FY2023 | $319.9M | $72.9M |
Bottom line
| Fiscal year | HASI | LB |
|---|---|---|
| FY2025 | $184.5M | $30.1M |
| FY2024 | $200.0M | $5.1M |
| FY2023 | $148.8M | $63.2M |
Standard deviation, each side
LB's net margin has been more volatile than HASI's over the 3 comparable fiscal years — 51.1 percentage points of standard deviation against 2.8.
3 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HASI and LB over these 3 fiscal years — HASI led in 2 and LB in 1.
3 of 15 comparable fiscal years — a year missing data on either side is not counted.