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Altus Power (AMPS) Financials

Altus Power logo
$5.00 -0.01 (-0.10%)
Closing price 04/15/2025
Extended Trading
$5.00 0.00 (0.00%)
As of 04/15/2025 05:16 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Altus Power

Annual Income Statements for Altus Power

This table shows Altus Power's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Net Income / (Loss) Attributable to Common Shareholders
1.32 -9.36 55 5.91 6.79
Consolidated Net Income / (Loss)
-11 -26 52 13 -1.89
Net Income / (Loss) Continuing Operations
-11 -26 52 13 -1.89
Total Pre-Tax Income
3.58 -27 53 13 -1.80
Total Operating Income
30 17 18 34 13
Total Gross Profit
150 126 84 58 36
Total Revenue
196 155 101 72 45
Operating Revenue
196 155 101 72 45
Total Cost of Revenue
46 30 18 14 9.66
Operating Cost of Revenue
46 30 18 14 9.66
Total Operating Expenses
121 108 66 24 23
Selling, General & Admin Expense
41 32 25 17 10
Depreciation Expense
69 54 30 21 12
Other Operating Expenses / (Income)
9.21 15 9.40 - -
Restructuring Charge
3.67 4.51 3.63 1.49 1.02
Other Special Charges / (Income)
-1.94 2.86 -2.14 -15 0.00
Total Other Income / (Expense), net
-26 -44 35 -21 -14
Interest Expense
0.00 0.12 2.30 23 14
Interest & Investment Income
-69 -47 -22 - -
Other Income / (Expense), net
43 3.85 60 2.44 -0.26
Income Tax Expense
14 -0.68 1.08 0.30 0.08
Net Income / (Loss) Attributable to Noncontrolling Interest
-12 -17 -3.27 7.10 -8.68
Basic Earnings per Share
$0.01 ($0.06) $0.36 $0.06 $0.08
Weighted Average Basic Shares Outstanding
159.73M 158.70M 154.65M 92.75M 88.74M
Diluted Earnings per Share
$0.01 ($0.06) $0.35 $0.06 $0.07
Weighted Average Diluted Shares Outstanding
160.68M 158.70M 155.71M 96.60M 90.86M
Weighted Average Basic & Diluted Shares Outstanding
160.42M 159.08M 158.99M 153.65M -

Quarterly Income Statements for Altus Power

This table shows Altus Power's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-61 18 38 7.51 -27 5.33 6.83 5.62 68 -97
Consolidated Net Income / (Loss)
-56 8.61 33 4.06 -40 6.78 3.37 3.85 67 -97
Net Income / (Loss) Continuing Operations
-56 8.61 33 4.06 -40 6.78 3.37 3.85 67 -97
Total Pre-Tax Income
-21 3.51 12 8.95 -41 4.84 4.50 4.73 66 -95
Total Operating Income
-1.07 15 17 -1.62 -6.01 11 12 0.25 1.76 11
Total Gross Profit
32 47 41 30 26 37 39 23 22 26
Total Revenue
44 59 52 41 34 45 47 29 27 30
Operating Revenue
44 59 52 41 34 45 47 29 27 30
Total Cost of Revenue
12 12 11 11 8.25 7.83 7.58 5.98 4.69 4.49
Operating Cost of Revenue
12 12 11 11 8.25 7.83 7.58 5.98 4.69 4.49
Total Operating Expenses
34 32 24 31 32 26 27 23 20 15
Selling, General & Admin Expense
8.67 9.82 12 10 8.61 8.19 8.29 7.36 5.52 6.56
Depreciation Expense
18 17 17 16 16 14 13 11 8.78 7.13
Other Operating Expenses / (Income)
4.47 4.66 -4.23 4.30 3.68 4.18 4.26 2.87 2.73 2.71
Restructuring Charge
1.38 0.77 0.45 1.07 1.38 0.27 1.37 1.49 3.05 0.24
Other Special Charges / (Income)
0.53 -0.90 -1.40 -0.17 2.71 0.05 0.05 0.05 0.23 -1.40
Total Other Income / (Expense), net
-20 -12 -4.85 11 -35 -6.01 -7.51 4.48 64 -105
Other Income / (Expense), net
-6.56 10 13 27 -17 3.17 1.02 17 73 -100
Income Tax Expense
35 -5.10 -21 4.90 -0.76 -1.94 1.13 0.89 -1.47 1.96
Net Income / (Loss) Attributable to Noncontrolling Interest
4.99 -9.03 -4.50 -3.45 -13 1.45 -3.46 -1.77 -0.80 0.35
Basic Earnings per Share
($0.38) $0.11 $0.23 $0.05 ($0.17) $0.03 $0.04 $0.04 $0.44 ($0.63)
Weighted Average Basic Shares Outstanding
159.73M 159.99M 159.90M 159.03M 158.70M 158.72M 158.72M 158.62M 154.65M 154.46M
Diluted Earnings per Share
($0.38) $0.11 $0.23 $0.05 ($0.16) $0.03 $0.04 $0.03 $0.43 ($0.63)
Weighted Average Diluted Shares Outstanding
160.68M 164.39M 163.59M 162.24M 158.70M 160.20M 158.98M 161.00M 155.71M 154.46M
Weighted Average Basic & Diluted Shares Outstanding
160.42M 160.80M 160.79M 160.67M 159.08M 159.99M 160.00M 160.00M 158.99M 160.04M

Annual Cash Flow Statements for Altus Power

This table details how cash moves in and out of Altus Power's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Net Change in Cash & Equivalents
-96 20 -131 292 6.07
Net Cash From Operating Activities
40 79 35 24 12
Net Cash From Continuing Operating Activities
40 79 35 24 12
Net Income / (Loss) Continuing Operations
-11 -26 52 13 -1.89
Consolidated Net Income / (Loss)
-11 -26 52 13 -1.89
Depreciation Expense
69 54 30 21 12
Amortization Expense
3.84 3.62 3.02 2.87 2.54
Non-Cash Adjustments To Reconcile Net Income
-31 12 -46 -12 0.08
Changes in Operating Assets and Liabilities, net
9.48 36 -3.80 -1.01 -0.37
Net Cash From Investing Activities
-367 -587 -163 -223 -171
Net Cash From Continuing Investing Activities
-367 -587 -163 -223 -171
Purchase of Property, Plant & Equipment
-94 -118 -77 -15 -37
Acquisitions
-274 -471 -90 -229 -134
Sale of Property, Plant & Equipment
0.27 2.35 3.61 20 0.00
Other Investing Activities, net
0.00 0.00 0.50 -0.04 -0.59
Net Cash From Financing Activities
231 527 -2.95 492 165
Net Cash From Continuing Financing Activities
231 527 -2.95 492 165
Repayment of Debt
-137 -56 -130 -165 -57
Payment of Dividends
-10 -4.94 -2.57 -27 -37
Issuance of Debt
301 580 125 311 206
Issuance of Common Equity
35 35 6.10 3.85 24
Other Financing Activities, net
42 -27 -1.22 577 -2.03
Cash Interest Paid
68 37 22 15 9.74
Cash Income Taxes Paid
0.04 0.07 0.07 0.10 0.04

Quarterly Cash Flow Statements for Altus Power

This table details how cash moves in and out of Altus Power's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
12 19 -111 -15 135 -0.15 -0.05 -115 -98 -1.94
Net Cash From Operating Activities
20 21 -5.60 4.53 30 24 11 14 10 13
Net Cash From Continuing Operating Activities
20 21 -5.60 4.53 30 24 11 14 10 13
Net Income / (Loss) Continuing Operations
-56 8.61 33 4.06 -40 6.78 3.37 3.85 67 -97
Consolidated Net Income / (Loss)
-56 8.61 33 4.06 -40 6.78 3.37 3.85 67 -97
Depreciation Expense
18 17 17 16 16 14 13 11 8.78 7.13
Amortization Expense
-0.17 1.55 1.26 1.20 0.96 0.97 0.93 0.75 0.87 0.72
Non-Cash Adjustments To Reconcile Net Income
15 -4.97 -18 -24 23 1.29 1.84 -14 -66 102
Changes in Operating Assets and Liabilities, net
43 -0.90 -40 6.90 31 0.85 -7.83 12 -0.33 -0.73
Net Cash From Investing Activities
-106 -95 -24 -142 -158 -55 -54 -319 -118 -10
Net Cash From Continuing Investing Activities
-106 -95 -24 -142 -158 -55 -54 -319 -118 -10
Purchase of Property, Plant & Equipment
-36 -17 -22 -19 -28 -27 -37 -25 -42 -12
Acquisitions
-70 -78 -2.33 -124 -130 -30 -17 -295 -77 -1.77
Net Cash From Financing Activities
98 93 -81 122 263 31 43 190 9.91 -4.91
Net Cash From Continuing Financing Activities
98 93 -81 122 263 31 43 190 9.91 -4.91
Repayment of Debt
-41 -13 -74 -8.44 -11 -11 -24 -9.70 -117 -5.21
Payment of Dividends
-5.89 -1.50 -1.33 -1.47 -1.61 -1.14 -1.09 -1.10 -0.66 -0.77
Issuance of Debt
90 80 - 132 268 42 65 205 125 -
Issuance of Common Equity
19 12 4.10 0.00 27 2.07 4.54 1.74 2.88 1.07
Other Financing Activities, net
33 19 -9.65 0.00 -19 - -2.13 -5.63 -0.43 -0.01
Cash Interest Paid
22 18 16 12 12 9.72 8.79 6.51 6.68 5.12
Cash Income Taxes Paid
0.00 0.01 0.01 0.02 -0.02 0.09 - 0.00 -0.03 0.06

Annual Balance Sheets for Altus Power

This table presents Altus Power's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Total Assets
2,349 2,090 1,377 1,113 582
Total Current Assets
144 229 215 344 45
Cash & Equivalents
105 161 193 326 34
Restricted Cash
7.04 45 2.40 2.54 3.47
Accounts Receivable
22 17 13 9.22 5.75
Other Current Assets
9.81 5.52 6.21 6.66 1.75
Plant, Property, & Equipment, net
1,943 1,619 1,005 746 519
Total Noncurrent Assets
263 243 157 23 17
Intangible Assets
51 48 48 17 12
Other Noncurrent Operating Assets
211 195 109 6.43 5.61
Total Liabilities & Shareholders' Equity
2,349 2,090 1,377 1,113 582
Total Liabilities
1,806 1,565 914 772 424
Total Current Liabilities
330 107 68 33 43
Short-Term Debt
209 49 42 21 38
Accounts Payable
11 7.34 2.74 3.59 1.57
Current Deferred & Payable Income Tax Liabilities
60 - - - -
Other Current Liabilities
37 38 16 3.66 1.37
Other Current Nonoperating Liabilities
13 8.69 4.44 4.49 2.67
Total Noncurrent Liabilities
1,476 1,459 846 739 381
Long-Term Debt
1,192 1,163 635 525 354
Asset Retirement Reserve & Litigation Obligation
20 17 9.58 7.63 4.45
Noncurrent Deferred & Payable Income Tax Liabilities
23 9.83 11 9.60 11
Other Noncurrent Operating Liabilities
240 263 185 197 11
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
19 26 18 16 18
Total Equity & Noncontrolling Interests
524 499 445 326 139
Total Preferred & Common Equity
455 447 424 305 125
Total Common Equity
455 447 424 305 125
Common Stock
494 485 470 406 206
Retained Earnings
-54 -55 -46 -101 -81
Accumulated Other Comprehensive Income / (Loss)
16 17 0.00 - -
Noncontrolling Interest
69 52 21 21 14

Quarterly Balance Sheets for Altus Power

This table presents Altus Power's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
2,240 2,132 2,218 1,784 1,735 1,657 1,130
Total Current Assets
139 120 217 98 106 93 316
Cash & Equivalents
97 78 173 68 69 69 291
Restricted Cash
1.33 1.17 18 3.80 3.70 3.38 2.48
Accounts Receivable
34 32 20 23 27 16 16
Other Current Assets
6.21 8.57 5.76 2.69 6.45 4.44 6.41
Plant, Property, & Equipment, net
1,835 1,751 1,745 1,448 1,405 1,372 788
Total Noncurrent Assets
266 261 256 239 224 192 27
Intangible Assets
49 49 47 47 47 48 20
Noncurrent Deferred & Refundable Income Taxes
12 6.31 - - - - -
Other Noncurrent Operating Assets
204 206 209 192 176 145 7.13
Total Liabilities & Shareholders' Equity
2,240 2,132 2,218 1,784 1,735 1,657 1,130
Total Liabilities
1,656 1,569 1,686 1,258 1,232 1,167 751
Total Current Liabilities
231 132 146 97 97 96 33
Short-Term Debt
155 79 83 60 54 47 17
Accounts Payable
8.91 7.49 7.41 4.99 5.66 5.57 2.38
Customer Deposits
2.08 2.45 2.80 3.38 3.81 4.22 -
Other Current Liabilities
51 28 39 19 26 34 8.50
Other Current Nonoperating Liabilities
14 15 14 8.50 7.47 5.64 4.46
Total Noncurrent Liabilities
1,425 1,437 1,540 1,161 1,135 1,071 718
Long-Term Debt
1,178 1,180 1,254 908 878 836 528
Asset Retirement Reserve & Litigation Obligation
20 19 19 14 14 14 7.93
Noncurrent Deferred Revenue
5.98 6.07 6.13 6.08 6.52 7.04 -
Noncurrent Deferred & Payable Income Tax Liabilities
0.00 0.00 15 14 14 11 12
Other Noncurrent Operating Liabilities
222 232 247 60 222 203 170
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
22 23 24 24 21 24 18
Total Equity & Noncontrolling Interests
562 540 508 503 482 466 361
Total Preferred & Common Equity
515 491 458 466 448 433 342
Total Common Equity
515 491 458 466 448 433 342
Common Stock
491 484 488 483 478 474 456
Retained Earnings
7.52 -10 -48 -28 -33 -40 -114
Accumulated Other Comprehensive Income / (Loss)
16 16 17 11 3.01 -0.76 -
Noncontrolling Interest
47 50 51 37 34 33 19

Annual Metrics And Ratios for Altus Power

This table displays calculated financial ratios and metrics derived from Altus Power's official financial filings.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Growth Metrics
- - - - -
Revenue Growth
26.49% 53.38% 40.90% 58.58% 0.00%
EBITDA Growth
86.13% -29.13% 82.91% 125.58% 0.00%
EBIT Growth
247.48% -73.05% 113.03% 197.32% 0.00%
NOPAT Growth
-836.49% -32.57% -46.68% 279.60% 0.00%
Net Income Growth
58.93% -149.79% 301.13% 789.19% 0.00%
EPS Growth
116.67% -117.14% 483.33% -14.29% 0.00%
Operating Cash Flow Growth
-49.16% 125.18% 48.68% 92.78% 0.00%
Free Cash Flow Firm Growth
32.00% -57.63% -2,234.23% 0.00% 0.00%
Invested Capital Growth
19.86% 62.32% 68.37% 9.53% 0.00%
Revenue Q/Q Growth
5.52% 5.03% 5.40% 0.00% 0.00%
EBITDA Q/Q Growth
13.59% -53.70% 96.62% 0.00% 0.00%
EBIT Q/Q Growth
27.38% -82.33% 203.16% 0.00% 0.00%
NOPAT Q/Q Growth
-611.40% -52.70% 538.83% 0.00% 0.00%
Net Income Q/Q Growth
-282.37% -132.04% 11,796.64% 0.00% 0.00%
EPS Q/Q Growth
-95.65% -111.32% 3,600.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
-20.29% 33.38% 16.33% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
-74.95% 37.63% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.73% -3.14% 49.22% 0.00% 0.00%
Profitability Metrics
- - - - -
Gross Margin
76.52% 80.90% 82.67% 80.46% 78.66%
EBITDA Margin
74.15% 50.39% 109.06% 84.01% 59.06%
Operating Margin
15.06% 11.02% 17.91% 47.41% 27.67%
EBIT Margin
37.08% 13.50% 76.81% 50.81% 27.10%
Profit (Net Income) Margin
-5.44% -16.74% 51.57% 18.11% -4.17%
Tax Burden Percent
-298.21% 97.44% 97.98% 97.78% 104.60%
Interest Burden Percent
4.91% -127.26% 68.52% 36.46% -14.70%
Effective Tax Rate
398.21% 0.00% 2.02% 2.22% 0.00%
Return on Invested Capital (ROIC)
-5.21% 0.96% 2.35% 6.18% 1.70%
ROIC Less NNEP Spread (ROIC-NNEP)
1.48% -4.10% 12.08% -0.83% -1.28%
Return on Net Nonoperating Assets (RNNOA)
3.21% -6.22% 10.62% -0.96% -2.90%
Return on Equity (ROE)
-2.00% -5.26% 12.97% 5.21% -1.20%
Cash Return on Invested Capital (CROIC)
-23.27% -46.55% -48.60% -2.92% 0.00%
Operating Return on Assets (OROA)
3.28% 1.21% 6.24% 4.30% 2.11%
Return on Assets (ROA)
-0.48% -1.50% 4.19% 1.53% -0.32%
Return on Common Equity (ROCE)
-1.69% -4.64% 11.75% 4.49% -0.95%
Return on Equity Simple (ROE_SIMPLE)
-2.34% -5.81% 12.30% 4.27% -1.51%
Net Operating Profit after Tax (NOPAT)
-88 12 18 33 8.77
NOPAT Margin
-44.91% 7.71% 17.54% 46.36% 19.37%
Net Nonoperating Expense Percent (NNEP)
-6.69% 5.06% -9.73% 7.00% 2.98%
Return On Investment Capital (ROIC_SIMPLE)
-4.58% 0.70% 1.58% - -
Cost of Revenue to Revenue
23.48% 19.10% 17.33% 19.54% 21.34%
SG&A Expenses to Revenue
20.77% 20.92% 24.74% 23.35% 22.40%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
61.45% 69.88% 64.76% 33.05% 51.00%
Earnings before Interest and Taxes (EBIT)
73 21 78 36 12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
146 78 110 60 27
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
1.44 2.44 2.46 1.45 2.80
Price to Tangible Book Value (P/TBV)
1.62 2.74 2.77 1.53 3.09
Price to Revenue (P/Rev)
3.33 7.04 10.31 6.15 7.73
Price to Earnings (P/E)
494.66 0.00 18.82 74.78 51.52
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.20% 0.00% 5.31% 1.34% 1.94%
Enterprise Value to Invested Capital (EV/IC)
1.10 1.41 1.65 1.23 1.43
Enterprise Value to Revenue (EV/Rev)
10.35 14.03 15.46 9.69 16.27
Enterprise Value to EBITDA (EV/EBITDA)
13.96 27.84 14.17 11.53 27.56
Enterprise Value to EBIT (EV/EBIT)
27.92 103.93 20.12 19.07 60.05
Enterprise Value to NOPAT (EV/NOPAT)
0.00 181.88 88.10 20.90 84.03
Enterprise Value to Operating Cash Flow (EV/OCF)
50.36 27.43 44.37 29.35 59.92
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - -
Debt to Equity
2.58 2.31 1.46 1.60 2.49
Long-Term Debt to Equity
2.19 2.22 1.37 1.54 2.25
Financial Leverage
2.17 1.52 0.88 1.16 2.27
Leverage Ratio
4.16 3.51 3.09 3.40 3.70
Compound Leverage Factor
0.20 -4.47 2.12 1.24 -0.54
Debt to Total Capital
72.06% 69.78% 59.37% 61.52% 71.35%
Short-Term Debt to Total Capital
10.74% 2.83% 3.69% 2.38% 6.89%
Long-Term Debt to Total Capital
61.32% 66.96% 55.68% 59.14% 64.46%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.54% 4.49% 3.42% 4.13% 5.89%
Common Equity to Total Capital
23.41% 25.73% 37.21% 34.36% 22.76%
Debt to EBITDA
9.63 15.51 6.13 9.05 14.65
Net Debt to EBITDA
8.86 12.87 4.36 3.61 13.26
Long-Term Debt to EBITDA
8.19 14.88 5.75 8.70 13.24
Debt to NOPAT
-15.90 101.30 38.12 16.40 44.68
Net Debt to NOPAT
-14.63 84.07 27.11 6.53 40.43
Long-Term Debt to NOPAT
-13.53 97.20 35.75 15.77 40.36
Altman Z-Score
0.28 0.56 1.03 0.72 0.45
Noncontrolling Interest Sharing Ratio
15.56% 11.83% 9.39% 13.82% 20.55%
Liquidity Ratios
- - - - -
Current Ratio
0.44 2.15 3.15 10.47 1.03
Quick Ratio
0.38 1.67 3.03 10.19 0.91
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
-394 -579 -367 -16 0.00
Operating Cash Flow to CapEx
43.18% 68.74% 47.87% 0.00% 33.53%
Free Cash Flow to Firm to Interest Expense
0.00 -4,993.71 -159.57 -0.68 0.00
Operating Cash Flow to Interest Expense
0.00 684.11 15.30 1.02 0.87
Operating Cash Flow Less CapEx to Interest Expense
0.00 -311.07 -16.66 1.25 -1.73
Efficiency Ratios
- - - - -
Asset Turnover
0.09 0.09 0.08 0.08 0.08
Accounts Receivable Turnover
10.09 10.16 8.93 9.59 7.87
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.11 0.12 0.12 0.11 0.09
Accounts Payable Turnover
5.08 5.88 5.54 5.44 6.15
Days Sales Outstanding (DSO)
36.18 35.92 40.88 38.05 46.37
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
71.86 62.06 65.90 67.15 59.35
Cash Conversion Cycle (CCC)
-35.69 -26.14 -25.02 -29.10 -12.98
Capital & Investment Metrics
- - - - -
Invested Capital
1,846 1,540 949 563 514
Invested Capital Turnover
0.12 0.12 0.13 0.13 0.09
Increase / (Decrease) in Invested Capital
306 591 385 49 0.00
Enterprise Value (EV)
2,032 2,177 1,564 696 737
Market Capitalization
654 1,093 1,043 442 350
Book Value per Share
$2.85 $2.79 $2.65 $7.21 $1.41
Tangible Book Value per Share
$2.53 $2.50 $2.35 $6.82 $1.28
Total Capital
1,945 1,737 1,140 888 549
Total Debt
1,401 1,212 677 546 392
Total Long-Term Debt
1,192 1,163 635 525 354
Net Debt
1,289 1,006 481 217 354
Capital Expenditures (CapEx)
93 115 74 -5.33 37
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-89 -35 -6.54 4.13 1.90
Debt-free Net Working Capital (DFNWC)
23 171 189 333 39
Net Working Capital (NWC)
-186 122 147 312 1.35
Net Nonoperating Expense (NNE)
-77 38 -34 20 11
Net Nonoperating Obligations (NNO)
1,302 1,015 486 222 357
Total Depreciation and Amortization (D&A)
73 57 33 24 14
Debt-free, Cash-free Net Working Capital to Revenue
-45.39% -22.40% -6.47% 5.75% 4.19%
Debt-free Net Working Capital to Revenue
11.65% 110.47% 186.71% 463.31% 86.56%
Net Working Capital to Revenue
-94.75% 78.81% 145.15% 433.86% 2.97%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.01 ($0.06) $0.36 $0.06 $0.00
Adjusted Weighted Average Basic Shares Outstanding
159.73M 158.70M 154.65M 92.75M 0.00
Adjusted Diluted Earnings per Share
$0.01 ($0.06) $0.35 $0.06 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
160.68M 158.70M 155.71M 96.60M 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
160.42M 159.08M 158.99M 153.65M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
22 17 19 20 9.48
Normalized NOPAT Margin
11.16% 11.04% 18.98% 27.29% 20.94%
Pre Tax Income Margin
1.82% -17.18% 52.63% 18.52% -3.98%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
0.00 180.57 33.74 1.57 0.87
NOPAT to Interest Expense
0.00 103.18 7.71 1.44 0.62
EBIT Less CapEx to Interest Expense
0.00 -814.61 1.78 1.80 -1.73
NOPAT Less CapEx to Interest Expense
0.00 -892.00 -24.26 1.67 -1.98
Payout Ratios
- - - - -
Dividend Payout Ratio
-95.54% -19.02% 4.93% 209.04% -1,947.91%
Augmented Payout Ratio
-95.54% -19.02% 4.93% 2,438.95% -1,947.91%

Quarterly Metrics And Ratios for Altus Power

This table displays calculated financial ratios and metrics derived from Altus Power's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
30.05% 30.17% 12.79% 38.40% 27.75% 48.10% 87.84% 53.02% 24.03% 51.15%
EBITDA Growth
258.44% 53.22% 79.84% 44.92% -108.03% 135.38% -23.18% -59.57% 182.27% -861.54%
EBIT Growth
67.22% 80.45% 130.17% 46.36% -131.32% 115.75% -52.56% -73.55% 234.19% -2,024.48%
NOPAT Growth
82.15% 146.79% 416.15% -459.03% -333.14% 102.76% 69.44% 26.39% -89.31% 87.47%
Net Income Growth
-41.33% 27.05% 883.65% 5.46% -159.57% 107.01% -84.38% -93.61% 363.53% -7,384.74%
EPS Growth
-137.50% 266.67% 475.00% 66.67% -137.21% 104.76% -75.00% -92.31% 514.29% -6,200.00%
Operating Cash Flow Growth
-33.94% -9.18% -149.73% -68.19% 190.89% 82.00% 34.60% 306.54% 90.67% 48.01%
Free Cash Flow Firm Growth
48.52% 78.18% 49.96% 42.84% -55.30% -260.28% -128.68% -172.58% 0.00% 0.00%
Invested Capital Growth
19.86% 15.25% 28.27% 29.59% 62.32% 150.07% 101.58% 107.78% 68.37% 72.92%
Revenue Q/Q Growth
-24.23% 11.86% 29.02% 18.91% -24.15% -3.08% 58.33% 9.77% -12.07% 22.92%
EBITDA Q/Q Growth
-75.73% -9.11% 13.95% 730.27% -123.47% 6.68% -8.18% -65.09% 203.46% -331.63%
EBIT Q/Q Growth
-130.16% -15.62% 19.21% 208.04% -266.04% 7.63% -24.19% -76.88% 183.49% -424.20%
NOPAT Q/Q Growth
-102.00% -19.20% 6,441.12% 82.59% -127.67% 68.99% 4,310.77% -88.69% -75.94% 41.21%
Net Income Q/Q Growth
-756.06% -74.03% 717.48% 110.15% -689.79% 101.07% -12.35% -94.27% 169.43% -547.89%
EPS Q/Q Growth
-445.45% -52.17% 360.00% 131.25% -633.33% -25.00% 33.33% -93.02% 168.25% -493.75%
Operating Cash Flow Q/Q Growth
-6.75% 482.60% -223.82% -85.05% 28.20% 109.52% -20.80% 36.74% -19.79% 54.96%
Free Cash Flow Firm Q/Q Growth
-49.61% 39.94% 11.87% 35.00% 36.58% -37.73% -0.68% -76.60% -47.12% 12.58%
Invested Capital Q/Q Growth
0.73% 4.21% 3.91% 9.88% -3.14% 15.99% 4.98% 37.63% 49.22% -6.50%
Profitability Metrics
- - - - - - - - - -
Gross Margin
72.99% 79.74% 78.51% 73.14% 75.86% 82.64% 83.70% 79.66% 82.48% 85.26%
EBITDA Margin
24.01% 74.96% 92.26% 104.46% -19.71% 63.69% 57.86% 99.76% 313.70% -266.61%
Operating Margin
-2.41% 26.05% 32.33% -3.97% -17.57% 24.06% 25.81% 0.85% 6.59% 35.18%
EBIT Margin
-17.16% 43.10% 57.14% 61.84% -68.06% 31.09% 28.00% 58.48% 277.65% -292.42%
Profit (Net Income) Margin
-127.02% 14.67% 63.19% 9.97% -116.88% 15.03% 7.25% 13.09% 250.66% -317.46%
Tax Burden Percent
269.04% 245.34% 273.73% 45.30% 98.13% 140.12% 74.91% 81.24% 102.24% 102.07%
Interest Burden Percent
275.21% 13.87% 40.40% 35.60% 174.99% 34.50% 34.55% 27.55% 88.30% 106.36%
Effective Tax Rate
0.00% -145.34% -173.73% 54.70% 0.00% -40.12% 25.09% 18.76% -2.24% 0.00%
Return on Invested Capital (ROIC)
-0.20% 6.95% 9.75% -0.20% -1.53% 4.48% 2.51% 0.08% 0.90% 4.71%
ROIC Less NNEP Spread (ROIC-NNEP)
-5.01% 4.45% 8.46% 0.28% -6.30% 3.20% 1.50% 0.78% 19.35% -76.00%
Return on Net Nonoperating Assets (RNNOA)
-10.86% 9.26% 16.37% 0.55% -9.57% 4.66% 1.78% 0.91% 17.02% -26.31%
Return on Equity (ROE)
-11.05% 16.21% 26.12% 0.35% -11.10% 9.13% 4.29% 0.99% 17.92% -21.59%
Cash Return on Invested Capital (CROIC)
-23.27% -13.16% -23.87% -25.06% -46.55% -83.46% -65.68% -68.72% -48.60% 0.00%
Operating Return on Assets (OROA)
-1.52% 3.98% 5.09% 5.31% -6.09% 3.15% 2.62% 4.72% 22.56% -36.56%
Return on Assets (ROA)
-11.23% 1.36% 5.63% 0.86% -10.46% 1.52% 0.68% 1.06% 20.37% -39.69%
Return on Common Equity (ROCE)
-9.33% 14.31% 22.99% 0.30% -9.79% 8.14% 3.88% 0.89% 16.24% -8.85%
Return on Equity Simple (ROE_SIMPLE)
0.00% 1.14% 0.82% -5.63% 0.00% 17.40% -4.98% -0.95% 0.00% -0.13%
Net Operating Profit after Tax (NOPAT)
-0.75 38 46 -0.73 -4.20 15 8.99 0.20 1.80 7.50
NOPAT Margin
-1.69% 63.92% 88.49% -1.80% -12.30% 33.71% 19.34% 0.69% 6.74% 24.63%
Net Nonoperating Expense Percent (NNEP)
4.81% 2.50% 1.29% -0.48% 4.77% 1.28% 1.01% -0.70% -18.45% 80.71%
Return On Investment Capital (ROIC_SIMPLE)
-0.04% - - - -0.25% - - - 0.16% -
Cost of Revenue to Revenue
27.01% 20.26% 21.49% 26.86% 24.14% 17.36% 16.30% 20.34% 17.52% 14.74%
SG&A Expenses to Revenue
19.50% 16.74% 23.33% 24.65% 25.17% 18.18% 17.83% 25.06% 20.64% 21.55%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
75.40% 53.68% 46.19% 77.12% 93.43% 58.58% 57.89% 78.80% 75.89% 50.08%
Earnings before Interest and Taxes (EBIT)
-7.63 25 30 25 -23 14 13 17 74 -89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
11 44 48 42 -6.74 29 27 29 84 -81
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.44 0.99 1.28 1.66 2.44 1.80 1.93 2.01 2.46 5.02
Price to Tangible Book Value (P/TBV)
1.62 1.10 1.43 1.85 2.74 2.01 2.16 2.26 2.77 5.32
Price to Revenue (P/Rev)
3.33 2.75 3.65 4.57 7.04 5.69 6.49 7.83 10.31 17.89
Price to Earnings (P/E)
494.66 14.34 26.97 0.00 0.00 9.81 0.00 1,372.05 18.82 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.20% 6.98% 3.71% 0.00% 0.00% 10.20% 0.00% 0.07% 5.31% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.10 0.99 1.07 1.17 1.41 1.23 1.30 1.33 1.65 3.16
Enterprise Value to Revenue (EV/Rev)
10.35 9.76 10.92 11.90 14.03 13.24 13.37 15.61 15.46 20.90
Enterprise Value to EBITDA (EV/EBITDA)
13.96 14.17 16.68 21.68 27.84 11.58 30.14 25.89 14.17 35.75
Enterprise Value to EBIT (EV/EBIT)
27.92 31.76 41.04 68.52 103.93 16.50 114.74 58.06 20.12 78.26
Enterprise Value to NOPAT (EV/NOPAT)
0.00 105.29 133.24 185.80 181.88 77.28 102.78 136.40 88.10 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
50.36 35.85 35.66 28.44 27.43 32.87 36.41 37.81 44.37 66.21
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
2.58 2.28 2.24 2.51 2.31 2.14 1.85 1.80 1.46 1.44
Long-Term Debt to Equity
2.19 2.02 2.10 2.35 2.22 2.02 1.75 1.70 1.37 1.39
Financial Leverage
2.17 2.08 1.93 1.93 1.52 1.46 1.19 1.17 0.88 0.35
Leverage Ratio
4.16 3.62 3.63 3.79 3.51 3.22 3.03 3.10 3.09 2.06
Compound Leverage Factor
11.43 0.50 1.47 1.35 6.14 1.11 1.05 0.85 2.73 2.19
Debt to Total Capital
72.06% 69.54% 69.10% 71.51% 69.78% 68.15% 64.97% 64.30% 59.37% 58.94%
Short-Term Debt to Total Capital
10.74% 8.08% 4.35% 4.43% 2.83% 3.65% 3.79% 3.42% 3.69% 1.87%
Long-Term Debt to Total Capital
61.32% 61.46% 64.75% 67.09% 66.96% 64.50% 61.17% 60.87% 55.68% 57.07%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.54% 3.60% 3.99% 4.01% 4.49% 3.67% 3.84% 4.15% 3.42% 4.06%
Common Equity to Total Capital
23.41% 26.86% 26.91% 24.48% 25.73% 28.18% 31.20% 31.55% 37.21% 36.99%
Debt to EBITDA
9.63 10.40 11.16 14.63 15.51 6.67 15.80 13.15 6.13 9.71
Net Debt to EBITDA
8.86 9.64 10.46 12.54 12.87 6.25 14.57 12.06 4.36 4.49
Long-Term Debt to EBITDA
8.19 9.19 10.46 13.72 14.88 6.31 14.88 12.45 5.75 9.40
Debt to NOPAT
-15.90 77.32 89.14 125.36 101.30 44.53 53.89 69.27 38.12 -134.76
Net Debt to NOPAT
-14.63 71.63 83.51 107.45 84.07 41.68 49.69 63.55 27.11 -62.22
Long-Term Debt to NOPAT
-13.53 68.34 83.53 117.60 97.20 42.15 50.75 65.58 35.75 -130.47
Altman Z-Score
0.16 0.26 0.35 0.39 0.49 0.49 0.50 0.51 1.02 1.36
Noncontrolling Interest Sharing Ratio
15.56% 11.69% 11.99% 12.90% 11.83% 10.85% 9.59% 10.41% 9.39% 59.04%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.44 0.60 0.91 1.48 2.15 1.02 1.09 0.97 3.15 9.66
Quick Ratio
0.38 0.57 0.84 1.32 1.67 0.95 0.99 0.89 3.03 9.39
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-307 -205 -341 -387 -595 -939 -682 -677 -383 -261
Operating Cash Flow to CapEx
55.42% 125.05% -25.52% 24.76% 106.38% 94.37% 30.34% 57.26% 25.04% 105.17%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -23.90 0.00 0.00 0.00 -54.40 0.00 -46.07
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.28 0.00 0.00 0.00 1.14 0.00 2.29
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 -0.85 0.00 0.00 0.00 -0.85 0.00 0.11
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.09 0.09 0.09 0.09 0.09 0.10 0.09 0.08 0.08 0.13
Accounts Receivable Turnover
10.09 6.45 5.86 9.20 10.16 7.55 6.62 9.05 8.93 12.19
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.11 0.11 0.11 0.11 0.12 0.13 0.12 0.11 0.12 0.00
Accounts Payable Turnover
5.08 6.09 5.82 5.33 5.88 7.08 5.33 4.88 5.54 0.00
Days Sales Outstanding (DSO)
36.18 56.63 62.32 39.66 35.92 48.31 55.12 40.34 40.88 29.93
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
71.86 59.91 62.74 68.50 62.06 51.57 68.50 74.73 65.90 0.00
Cash Conversion Cycle (CCC)
-35.69 -3.29 -0.42 -28.84 -26.14 -3.25 -13.38 -34.39 -25.02 29.93
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
1,846 1,832 1,758 1,692 1,540 1,590 1,371 1,306 949 636
Invested Capital Turnover
0.12 0.11 0.11 0.11 0.12 0.13 0.13 0.12 0.13 0.19
Increase / (Decrease) in Invested Capital
306 242 388 386 591 954 691 677 385 268
Enterprise Value (EV)
2,032 1,815 1,882 1,981 2,177 1,955 1,779 1,738 1,564 2,006
Market Capitalization
654 511 630 760 1,093 840 864 871 1,043 1,717
Book Value per Share
$2.85 $3.20 $3.05 $2.88 $2.79 $2.91 $2.80 $2.72 $2.65 $2.19
Tangible Book Value per Share
$2.53 $2.90 $2.75 $2.58 $2.50 $2.62 $2.50 $2.42 $2.35 $2.07
Total Capital
1,945 1,917 1,823 1,869 1,737 1,653 1,436 1,373 1,140 925
Total Debt
1,401 1,333 1,259 1,337 1,212 1,127 933 883 677 545
Total Long-Term Debt
1,192 1,178 1,180 1,254 1,163 1,066 878 836 635 528
Net Debt
1,289 1,235 1,180 1,146 1,006 1,055 860 810 481 252
Capital Expenditures (CapEx)
36 17 22 18 28 25 37 25 42 12
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-89 -35 -12 -38 -35 -10 -9.47 -29 -6.54 6.79
Debt-free Net Working Capital (DFNWC)
23 63 67 153 171 62 63 44 189 300
Net Working Capital (NWC)
-186 -92 -12 71 122 1.46 8.88 -2.90 147 283
Net Nonoperating Expense (NNE)
56 29 13 -4.79 36 8.42 5.62 -3.64 -65 104
Net Nonoperating Obligations (NNO)
1,302 1,248 1,195 1,160 1,015 1,063 868 816 486 256
Total Depreciation and Amortization (D&A)
18 19 18 17 17 15 14 12 9.65 7.86
Debt-free, Cash-free Net Working Capital to Revenue
-45.39% -19.06% -7.10% -22.56% -22.40% -6.94% -7.11% -25.80% -6.47% 7.07%
Debt-free Net Working Capital to Revenue
11.65% 33.76% 39.04% 92.13% 110.47% 41.79% 47.60% 39.61% 186.71% 312.74%
Net Working Capital to Revenue
-94.75% -49.48% -6.93% 42.43% 78.81% 0.99% 6.67% -2.60% 145.15% 294.69%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.38) $0.11 $0.23 $0.05 ($0.17) $0.03 $0.04 $0.04 $0.44 ($0.63)
Adjusted Weighted Average Basic Shares Outstanding
159.73M 159.99M 159.90M 159.03M 158.70M 158.72M 158.72M 158.62M 154.65M 154.46M
Adjusted Diluted Earnings per Share
($0.38) $0.11 $0.23 $0.05 ($0.16) $0.03 $0.04 $0.03 $0.43 ($0.63)
Adjusted Weighted Average Diluted Shares Outstanding
160.68M 164.39M 163.59M 162.24M 158.70M 160.20M 158.98M 161.00M 155.71M 154.46M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
160.42M 160.80M 160.79M 160.67M 159.08M 159.99M 160.00M 160.00M 158.99M 160.04M
Normalized Net Operating Profit after Tax (NOPAT)
0.59 11 11 -0.50 -1.34 7.82 10 1.46 3.52 6.68
Normalized NOPAT Margin
1.33% 18.08% 21.36% -1.23% -3.93% 17.34% 21.62% 4.96% 13.17% 21.96%
Pre Tax Income Margin
-47.21% 5.98% 23.08% 22.01% -119.10% 10.73% 9.67% 16.11% 245.16% -311.01%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 1.55 0.00 0.00 0.00 1.38 0.00 -15.73
NOPAT to Interest Expense
0.00 0.00 0.00 -0.05 0.00 0.00 0.00 0.02 0.00 1.33
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.42 0.00 0.00 0.00 -0.62 0.00 -17.91
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 -1.17 0.00 0.00 0.00 -1.98 0.00 -0.85
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
-95.54% 101.11% 138.22% -20.61% -19.02% 4.91% -16.18% -75.31% 4.93% -2,110.54%
Augmented Payout Ratio
-95.54% 101.11% 138.22% -20.61% -19.02% 4.91% -16.18% -75.31% 4.93% -2,110.54%

Frequently Asked Questions About Altus Power's Financials

When does Altus Power's fiscal year end?

According to the most recent income statement we have on file, Altus Power's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Altus Power's net income changed over the last 4 years?

Altus Power's net income appears to be on a downward trend, with a most recent value of -$10.67 million in 2024, rising from -$1.89 million in 2020. The previous period was -$25.97 million in 2023. See where experts think Altus Power is headed by visiting Altus Power's forecast page.

What is Altus Power's operating income?
Altus Power's total operating income in 2024 was $29.56 million, based on the following breakdown:
  • Total Gross Profit: $150.17 million
  • Total Operating Expenses: $120.61 million
How has Altus Power revenue changed over the last 4 years?

Over the last 4 years, Altus Power's total revenue changed from $45.28 million in 2020 to $196.27 million in 2024, a change of 333.5%.

How much debt does Altus Power have?

Altus Power's total liabilities were at $1.81 billion at the end of 2024, a 15.3% increase from 2023, and a 325.6% increase since 2020.

How much cash does Altus Power have?

In the past 4 years, Altus Power's cash and equivalents has ranged from $33.83 million in 2020 to $325.98 million in 2021, and is currently $104.90 million as of their latest financial filing in 2024.

How has Altus Power's book value per share changed over the last 4 years?

Over the last 4 years, Altus Power's book value per share changed from 1.41 in 2020 to 2.85 in 2024, a change of 102.3%.



This page (NYSE:AMPS) was last updated on 6/1/2025 by MarketBeat.com Staff
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