The Humid Air Turbine (HAT) cycle is recognized as a competitive innovative gas turbine cycle with good off-design thermodynamic performance. However, the off-design performance of the HAT cycle has not been sufficiently analyzed. In this paper, a steady state on-design and off-design thermodynamic performance investigation of the HAT cycle was presented by comparing the HAT cycle with other competitive gas turbine cycles. In order to perform energy analysis of various gas turbine cycles, a gas turbine cycle analysis system was developed, where the advanced detailed component models of the investigated cycles were built and integrated. A detailed turbine cooling model including various cooling methods was used to indicate the effects of the turbine cooling on the thermodynamic performance of the gas turbine cycles when the turbine inlet temperature is high. The model can also indicate changes in level of cooling technology. The saturator was simulated as a one-dimensional model which can be used to size the saturator at on-design condition and to investigate the thermodynamic performance of the saturator at off-design condition. The HAT cycle was compared with four different cycles for on-design and off-design thermodynamic performances: 1) simple cycle, 2) recuperated cycle (REC), 3) recuperated water injected (RWI) cycle and 4) steam injection gas turbine (STIG) cycle. The focus of the comparison was put on the thermodynamic off-design performance of the different gas turbine cycles. The effects of ambient temperature and load reduction (part-load at ISO conditions) on the thermodynamic performance of the simple, the recuperated, the RWI, the STIG and the HAT cycle were investigated and compared. The results indicate that the HAT cycle can recover the low grade heat efficiently and when ambient temperature increases, HAT cycle has the most favorable off-design performance. At part-load conditions, the off-design performance of HAT cycle is not so good as STIG cycle and simple cycle, but is better than the RWI cycle and recuperated cycle.