HASI vs SSRM
HA Sustainable Infrastructure Capital, Inc. and SSR Mining Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HASI | SSRM |
|---|---|---|
| Revenue | $400.5M | $1.6B |
| Net income | $184.5M | $395.8M |
| Gross margin | · | 59.9% |
| Net margin | 47.0% | 22.2% |
| Return on equity | 7.3% | 12.0% |
| Diluted EPS | $1.41 | $1.85 |
| Dividend / share | · | · |
| Payout ratio | 113.7% | 0.0% |
| Free cash flow | · | $241.6M |
| Equity | · | $3.5B |
| Net debt / equity | · | · |
| Current ratio | · | 2.08× |
| Revenue CAGR 5y | 16.5% | 13.8% |
| Profit CAGR 5y | 17.5% | 21.2% |
SSRM bills 4.1× the revenue of HASI, and HASI keeps more of each dollar of revenue as profit (47.0% against 22.2%).
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.
7 years side by side
| Fiscal year | HASI | SSRM |
|---|---|---|
| FY2025 | $400.5M | $1.6B |
| FY2024 | $383.6M | $995.6M |
| FY2023 | $319.9M | $1.4B |
| FY2022 | $239.7M | $1.1B |
| FY2021 | $213.2M | $1.5B |
| FY2020 | $186.9M | $853.1M |
| FY2019 | $141.6M | $606.9M |
Bottom line
| Fiscal year | HASI | SSRM |
|---|---|---|
| FY2025 | $184.5M | $395.8M |
| FY2024 | $200.0M | $-261.3M |
| FY2023 | $148.8M | $-98.0M |
| FY2022 | $41.5M | $194.1M |
| FY2021 | $126.6M | $368.1M |
| FY2020 | $82.4M | $151.5M |
| FY2019 | $81.6M | $102.8M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,229,135,000 | SSRM |
| FY2024 | −$612,023,000 | SSRM |
| FY2023 | −$1,107,056,000 | SSRM |
| FY2022 | −$908,296,000 | SSRM |
| FY2021 | −$1,261,033,000 | SSRM |
| FY2020 | −$666,182,000 | SSRM |
| FY2019 | −$465,269,000 | SSRM |
SSRM has reported the higher revenue in every one of these 7 fiscal years. The gap has widened since the earliest year compared.
7 of 15 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +24.8 pp | HASI |
| FY2024 | +88.5 pp | HASI |
| FY2023 | +55.6 pp | HASI |
| FY2022 | −0.8 pp | SSRM |
| FY2021 | +30.8 pp | HASI |
| FY2020 | +25.9 pp | HASI |
| FY2019 | +41.2 pp | HASI |
The higher net margin has changed hands between HASI and SSRM over this period.
7 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SSRM's net margin has been more volatile than HASI's over the 7 comparable fiscal years — 21.0 percentage points of standard deviation against 13.1.
7 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 SSRM over these 7 fiscal years — HASI led in 6 and SSRM in 1.
7 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SSRM's return on equity has been more volatile than HASI's over the 6 comparable fiscal years — 7.1 percentage points of standard deviation against 2.2.
6 of 13 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HASI and SSRM over these 6 fiscal years — HASI led in 3 and SSRM in 3.
6 of 13 comparable fiscal years — a year missing data on either side is not counted.