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Ameresco, Inc. AMRC R2K

Industrials · Engineering & Construction · United States
https://www.ameresco.com

Ameresco, Inc. engages in the provision of energy solutions in the United States, Canada, and Europe. The company operates through North America Regions, U.S. Federal, Renewable Fuels, Europe, and All Other segments. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. The company also designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities; and projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting systems. In addition, it offers renewable energy solutions and services, such as the development and construction of small-scale plants that the company owns or develops for customers that produce electricity, gas, heat, or cooling from renewable sources of energy and O&M services; and sells electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company provides photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services. It serves the federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.

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$35.98
+161.10% 1Y

Market & Price

Market Cap
$1.91B
Current Price
$35.98
High / Low (52W)
$43.23 / $13.53
Beta
2.55

Valuation

Stock P/E
62.03
Industry PE
28.38
Forward P/E
22.14
PEG Ratio
3.03
Book Value
$20.11
Price to Book
1.79
P/S
0.96
EV/EBITDA
19.05
Dividend Yield
-

Profitability & Returns

ROCE
3.79%
ROE
4.44%
ROA
1.74%
Profit Margin
1.59%
Op Margin
2.53%
EPS (Latest Qtr)
$-0.35
EPS (TTM)
$0.58

Balance Sheet & Liquidity

Debt/Equity
2.32
Quick Ratio
1.19
Current Ratio
1.49
Debt
$2.58B
Total Assets
$4.54B
Current Assets
$1.55B
Working Capital
$523.62M

Ownership

Promoter Holding
8.58%
Chg in Prom Hold
-0.00%
FII / Inst Holding
98.87%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$4.42B
Total Revenue (TTM)
$1.98B
EBITDA
$232.31M
Free Cash Flow
$-219.86M
Operating Cash Flow
$-16.66M
Shares Outstanding
34.95M
Gross Margin
15.58%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
1.93%
Profit 5Y
-22.44%
Revenue (YoY)
13.80%
Earnings (YoY)
-

PROS

No notable strengths flagged.

CONS

  • Trading at a high P/E of 62.0.
  • Earnings shrank at -22.4% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AMRC Ameresco, Inc. R2K 35.98 62.03 $1.91B - 3.79% 4.44% 1.93% -22.44%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -------134.61M166.66M204.74M211.13M167.41M196.98M205.38M217.37M150.11M198.18M212.03M306.61M212.41M223.04M282.51M252.20M273.92M273.68M474.00M577.40M441.30M271.04M327.07M335.15M298.41M437.98M--352.83M472.28M525.99M581.03M401.46M
Cost of Revenue -----------------------------------300.91M398.93M441.66M486.62M345.00M
Gross Profit 31.86M38.80M36.02M27.68M31.86M38.80M36.02M25.92M35.41M41.37M41.46M35.47M42.78M46.16M49.20M32.63M43.14M44.69M47.65M38.45M39.51M51.37M46.91M53.32M58.81M68.38M81.30M79.56M49.95M58.65M63.66M46.99M65.17M--51.92M73.36M84.33M94.41M56.46M
Operating Expenses -----------------------------------38.49M45.73M43.37M47.86M46.31M
Operating Income 5.08M9.67M-1.79M4.72M9.94M--563.00K8.76M14.34M-8.27M13.97M17.30M-6.55M13.06M13.46M-9.52M12.89M24.52M18.31M21.44M23.64M28.69M43.05M38.94M9.10M17.62M21.43M7.99M20.95M--13.43M27.62M40.96M46.54M10.15M
EBITDA -----------------------------------37.37M59.10M67.45M71.19M39.41M
Interest Expense ----------------------------------18.96M19.91M21.29M22.06M24.69M-
Pretax Income ------------------------------------4.42M12.62M18.16M18.61M-17.57M
Tax Provision -----------------------------------1.19M-2.90M-3.68M-6.31M-3.18M
Net Income 1.99M5.71M3.27M1.05M1.99M5.71M3.27M-644.00K5.83M8.49M23.81M6.99M8.70M10.70M11.59M4.15M9.22M8.87M22.20M6.20M4.37M20.00M11.17M13.65M17.42M17.38M32.22M27.39M1.10M6.37M21.27M-2.94M5.01M---5.48M12.86M18.53M18.37M-18.28M
Diluted EPS 0.040.120.070.020.040.120.07-0.010.130.190.520.150.190.230.240.090.190.190.460.130.090.410.220.260.330.320.610.510.020.120.40-0.060.09---0.100.240.350.34-0.35

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------651.23M717.15M787.14M866.93M1.03B1.22B1.82B1.37B1.77B1.93B
Cost of Revenue -------------1.53B1.13B1.51B1.63B
Gross Profit 79.70M110.70M135.05M128.15M103.33M116.93M117.06M134.34M144.16M173.61M168.12M187.55M230.36M290.83M246.43M256.09M304.01M
Operating Expenses -------------156.89M161.56M174.10M175.46M
Operating Income 25.29M45.99M50.69M28.66M6.63M13.15M7.06M23.78M36.59M59.10M51.61M71.50M95.43M133.94M84.87M81.99M128.56M
EBITDA -------------190.63M144.55M193.33M237.18M
Interest Expense -------------30.63M40.37M70.18M87.94M
Pretax Income -------------105.72M38.27M33.94M44.98M
Tax Provision -------------7.17M-25.64M-20.00M-11.70M
Net Income -27.51M33.41M18.36M2.41M10.38M844.00K12.03M37.49M37.98M44.44M54.05M70.46M94.93M62.47M56.76M44.28M
Diluted EPS 0.610.660.750.400.050.220.020.260.820.810.931.101.351.781.171.070.83

Compounded Sales Growth

5 Years:1.93%
1 Year:13.80%

Compounded Profit Growth

5 Years:-22.44%
1 Year:-

Stock Price Performance

1 Year:+161.10%
6 Months:+8.15%
3 Months:+18.12%
1 Month:+31.84%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --582.45M645.60M675.47M606.30M621.86M723.44M797.28M983.95M1.16B1.37B1.75B-2.88B3.71B4.16B4.54B
Current Assets --------------1.00B1.13B1.30B1.55B
Cash & Equivalents 18.15M47.93M44.69M26.28M63.35M17.17M23.76M21.64M20.61M24.26M61.40M33.22M66.42M-115.53M79.27M108.52M71.78M
Inventory --------------14.22M13.64M11.56M12.61M
Receivables --------------212.07M187.19M296.80M311.47M
Total Liabilities --246.77M260.91M----------1.96B2.74B3.11B3.41B
Current Liabilities --142.59M148.27M148.89M133.29M142.93M179.72M190.60M202.14M222.63M336.65M383.10M-812.07M901.47M889.01M1.03B
Long Term Debt --202.41M196.40M109.08M103.22M90.04M100.49M140.59M173.24M219.16M266.18M--568.63M1.17B1.48B1.75B
Total Debt --------------937.65M1.55B1.70B1.95B
Total Equity ------286.31M289.54M--376.88M428.86M492.81M-824.03M901.98M1.01B1.08B
Shares Outstanding --------------54.05M54.38M54.60M54.96M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 45.30M20.85M-108.77M42.21M-60.52M1.31M-49.54M-52.63M-135.57M-53.20M-196.29M-102.58M--338.29M-69.99M117.60M-80.36M
Investing Cash Flow -22.31M-45.93M-105.60M-48.95M-29.94M-38.60M-51.83M-79.62M-88.04M-133.21M-142.22M-181.01M--328.36M-566.94M-386.64M-256.04M
Financing Cash Flow 4.13M20.50M196.99M43.49M43.19M42.78M100.70M134.15M230.24M224.51M317.42M305.17M-730.23M640.80M313.94M323.10M
Capital Expenditure -1.80M-2.61M-3.45M-5.06M-2.33M-1.75M-1.34M-2.81M-2.85M-3.94M-6.67M-2.21M--327.90M-551.77M-438.35M-356.00M
Free Cash Flow 43.50M18.24M-112.22M37.15M-62.85M-437.00K-50.88M-55.44M-138.42M-57.14M-202.97M-104.79M--666.19M-621.76M-320.75M-436.36M
Net Change in Cash -------------63.58M3.87M44.91M-13.30M
Share Buybacks 874.95K768.97K00-006.39M3.41M1.84M144.00K6.00K00---

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------20.6%20.1%22.1%19.4%18.2%18.9%15.9%17.9%14.5%15.7%
Operating Margin % -------3.7%5.1%7.5%6.0%6.9%7.9%7.3%6.2%4.6%6.7%
Net Margin % -------1.8%5.2%4.8%5.1%5.2%5.8%5.2%4.5%3.2%2.3%
ROE % -----3.6%0.3%--10.1%10.4%11.0%-11.5%6.9%5.6%4.1%
ROCE % -10.5%10.2%5.4%1.4%2.7%1.3%3.9%4.7%6.3%5.0%5.2%-6.5%3.0%2.5%3.7%

Shareholding Pattern

Insiders
8.58%
Institutions
98.87%
Public Float
108.15%

Top Institutional Holders

#Holder% HeldSharesValue
1 Wellington Management Group, LLP 10.13% 3.54M $127.43M
2 Blackrock Inc. 7.03% 2.46M $88.40M
3 Grantham, Mayo, Van Otterloo & Co. LLC 6.38% 2.23M $80.22M
4 Dimensional Fund Advisors LP 4.12% 1.44M $51.80M
5 Vanguard Capital Management LLC 3.89% 1.36M $48.89M
6 State Street Corporation 3.80% 1.33M $47.84M
7 Shaw D.E. & Co., Inc. 3.64% 1.27M $45.77M
8 Royce & Associates LP 3.58% 1.25M $44.97M
9 DnB Asset Management AS 2.58% 902.29K $32.46M
10 Vanguard Portfolio Management LLC 2.42% 845.87K $30.43M

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