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Ameresco (AMRC) Financials

Ameresco logo
$14.18 +0.53 (+3.88%)
Closing price 05/27/2025 03:59 PM Eastern
Extended Trading
$14.16 -0.02 (-0.11%)
As of 05/27/2025 06:29 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 Ameresco

Annual Income Statements for Ameresco

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

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Income / (Loss) Attributable to Common Shareholders
57 62 95
Consolidated Net Income / (Loss)
54 64 99
Net Income / (Loss) Continuing Operations
54 64 99
Total Pre-Tax Income
34 38 106
Total Operating Income
108 80 131
Total Gross Profit
256 246 291
Total Revenue
1,770 1,375 1,824
Operating Revenue
1,770 1,375 1,824
Total Cost of Revenue
1,514 1,128 1,534
Operating Cost of Revenue
1,514 1,128 1,534
Total Operating Expenses
148 166 159
Selling, General & Admin Expense
174 162 159
Other Operating Expenses / (Income)
-38 0.00 0.00
Impairment Charge
12 3.83 0.00
Total Other Income / (Expense), net
-74 -42 -26
Interest & Investment Income
0.79 1.76 1.65
Other Income / (Expense), net
-75 -44 -27
Income Tax Expense
-20 -26 7.17
Net Income / (Loss) Attributable to Noncontrolling Interest
-2.82 1.43 3.62
Basic Earnings per Share
$1.08 $1.20 $1.83
Weighted Average Basic Shares Outstanding
52.38M 52.14M 51.84M
Diluted Earnings per Share
$1.07 $1.17 $1.78
Weighted Average Diluted Shares Outstanding
53.14M 53.23M 53.28M
Weighted Average Basic & Diluted Shares Outstanding
52.54M 52.28M 51.95M

Quarterly Income Statements for Ameresco

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 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
-5.48 37 18 5.01 -2.94 34 21 6.37 1.10 18 27
Consolidated Net Income / (Loss)
-5.61 38 17 5.19 -6.18 33 21 8.41 1.56 19 28
Net Income / (Loss) Continuing Operations
-5.61 38 17 5.19 -6.18 33 21 8.41 1.56 19 28
Total Pre-Tax Income
-4.42 21 14 5.19 -6.18 18 11 8.42 1.05 15 31
Total Operating Income
14 44 35 21 7.99 32 21 18 9.10 21 39
Total Gross Profit
52 67 77 65 47 74 64 59 50 62 80
Total Revenue
353 533 501 438 298 441 335 327 271 332 441
Operating Revenue
353 533 501 438 298 441 335 327 271 332 441
Total Cost of Revenue
301 466 424 373 251 367 271 268 221 270 362
Operating Cost of Revenue
301 466 424 373 251 367 271 268 221 270 362
Total Operating Expenses
38 22 42 44 40 41 43 41 41 39 41
Selling, General & Admin Expense
38 48 42 44 40 37 43 41 41 39 41
Total Other Income / (Expense), net
-18 -23 -21 -16 -14 -16 -10 -8.82 -7.59 -7.23 -7.06
Interest & Investment Income
0.26 0.07 0.16 0.01 0.56 0.40 0.53 0.38 0.45 0.17 0.49
Other Income / (Expense), net
-18 -23 -21 -16 -14 -16 -11 -9.20 -8.04 -7.40 -7.55
Income Tax Expense
1.19 -17 -3.32 0.00 0.00 -15 -10 0.01 -0.50 -3.73 3.66
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.12 0.83 -0.59 0.18 -3.24 -0.64 -0.42 2.05 0.46 0.71 0.34
Basic Earnings per Share
($0.10) $0.70 $0.34 $0.10 ($0.06) $0.65 $0.41 $0.12 $0.02 $0.34 $0.53
Weighted Average Basic Shares Outstanding
52.54M 52.38M 52.41M 52.36M 52.29M 52.14M 52.21M 52.13M 51.96M 51.84M 51.87M
Diluted Earnings per Share
($0.10) $0.71 $0.33 $0.09 ($0.06) $0.63 $0.40 $0.12 $0.02 $0.34 $0.51
Weighted Average Diluted Shares Outstanding
52.54M 53.14M 53.24M 53.11M 52.29M 53.23M 53.30M 53.21M 53.26M 53.28M 53.30M
Weighted Average Basic & Diluted Shares Outstanding
52.60M 52.54M 52.44M 52.40M 52.34M 52.28M 52.23M 52.20M 52.12M 51.95M 51.91M

Annual Cash Flow Statements for Ameresco

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

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Change in Cash & Equivalents
45 3.79 63
Net Cash From Operating Activities
118 -70 -338
Net Cash From Continuing Operating Activities
118 -70 -338
Net Income / (Loss) Continuing Operations
54 64 99
Consolidated Net Income / (Loss)
54 64 99
Depreciation Expense
87 64 52
Amortization Expense
7.29 6.57 6.07
Non-Cash Adjustments To Reconcile Net Income
-119 -265 -519
Changes in Operating Assets and Liabilities, net
89 61 24
Net Cash From Investing Activities
-387 -567 -328
Net Cash From Continuing Investing Activities
-387 -567 -328
Purchase of Property, Plant & Equipment
-438 -552 -328
Acquisitions
0.00 -9.75 -0.46
Purchase of Investments
-12 -5.43 0.00
Divestitures
67 0.00 0.00
Other Investing Activities, net
-3.87 0.00 0.00
Net Cash From Financing Activities
314 641 730
Net Cash From Continuing Financing Activities
314 641 730
Repayment of Debt
9.96 488 146
Payment of Dividends
-1.79 -23 -1.13
Issuance of Debt
100 0.00 295
Issuance of Common Equity
38 8.19 39
Other Financing Activities, net
168 167 252
Effect of Exchange Rate Changes
-0.20 -0.08 -0.75
Cash Interest Paid
110 80 33
Cash Income Taxes Paid
4.46 3.83 7.28

Quarterly Cash Flow Statements for Ameresco

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 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
-32 -6.01 -29 85 -5.71 -22 74 -112 64 -14 52
Net Cash From Operating Activities
-28 18 25 53 21 -30 -6.57 -93 59 -65 35
Net Cash From Continuing Operating Activities
-28 18 25 53 21 -30 -6.57 -93 59 -65 35
Net Income / (Loss) Continuing Operations
-5.61 38 17 5.19 -6.18 33 21 8.41 1.56 19 28
Consolidated Net Income / (Loss)
-5.61 38 17 5.19 -6.18 33 21 8.41 1.56 19 28
Depreciation Expense
23 26 23 20 18 18 16 15 14 13 14
Amortization Expense
1.98 1.91 1.98 1.88 1.52 1.48 1.73 2.26 1.09 1.74 1.28
Non-Cash Adjustments To Reconcile Net Income
20 -171 121 -47 -23 -150 -62 -119 66 -32 -24
Changes in Operating Assets and Liabilities, net
-68 124 -138 73 30 68 16 0.61 -24 -67 16
Net Cash From Investing Activities
-118 -31 -122 -129 -104 -102 -186 -178 -101 -126 -70
Net Cash From Continuing Investing Activities
-118 -31 -122 -129 -104 -102 -186 -178 -101 -126 -70
Purchase of Property, Plant & Equipment
-114 -80 -118 -128 -112 -94 -188 -178 -92 -126 -70
Acquisitions
-4.13 10 -4.25 -1.42 -4.78 -2.72 2.19 -0.00 -9.22 -0.00 -0.46
Divestitures
0.00 54 0.14 - 13 - - - 0.00 - -
Net Cash From Financing Activities
115 8.89 67 161 77 108 267 159 106 176 89
Net Cash From Continuing Financing Activities
115 8.89 67 161 77 108 267 159 106 176 89
Repayment of Debt
-21 537 -250 -212 -65 787 -152 -131 -16 121 129
Payment of Dividends
-1.00 -0.01 -0.52 -1.07 -0.20 -1.49 -0.16 -21 -0.16 -0.34 -0.22
Issuance of Debt
100 -564 304 270 89 -729 385 286 58 -36 -97
Issuance of Common Equity
3.29 2.48 3.40 3.24 29 4.31 0.27 -13 17 21 1.85
Other Financing Activities, net
33 33 9.21 101 24 47 35 38 47 70 55
Effect of Exchange Rate Changes
0.52 -2.03 1.76 0.20 -0.13 0.90 -0.92 -0.10 0.04 1.11 -0.57
Cash Interest Paid
22 30 28 26 27 29 19 19 13 9.30 9.99
Cash Income Taxes Paid
1.17 2.51 1.12 0.77 0.06 1.12 0.22 2.18 0.32 3.55 0.90

Annual Balance Sheets for Ameresco

This table presents Ameresco'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
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets
4,159 3,714 2,877
Total Current Assets
1,301 1,128 1,001
Cash & Equivalents
109 79 116
Restricted Cash
70 62 21
Note & Lease Receivable
40 34 38
Accounts Receivable
257 153 174
Inventories, net
12 14 14
Prepaid Expenses
146 123 39
Current Deferred & Refundable Income Taxes
1.69 5.78 7.75
Other Current Assets
667 657 592
Plant, Property, & Equipment, net
11 17 16
Total Noncurrent Assets
2,846 2,568 1,860
Noncurrent Note & Lease Receivables
609 609 510
Goodwill
66 76 71
Intangible Assets
8.81 6.81 4.69
Noncurrent Deferred & Refundable Income Taxes
57 26 3.05
Other Noncurrent Operating Assets
2,106 1,850 1,272
Total Liabilities & Shareholders' Equity
4,159 3,714 2,877
Total Liabilities
3,111 2,741 1,957
Total Current Liabilities
889 901 812
Short-Term Debt
149 322 331
Accounts Payable
529 403 349
Accrued Expenses
107 109 89
Current Deferred Revenue
92 53 35
Current Deferred & Payable Income Tax Liabilities
0.74 1.17 1.67
Other Current Liabilities
11 14 5.83
Total Noncurrent Liabilities
2,222 1,840 1,145
Long-Term Debt
1,484 1,170 569
Capital Lease Obligations
59 42 32
Noncurrent Deferred & Payable Income Tax Liabilities
2.22 4.48 9.18
Other Noncurrent Operating Liabilities
676 623 536
Commitments & Contingencies
0.00 0.00 0.00
Redeemable Noncontrolling Interest
2.46 47 47
Total Equity & Noncontrolling Interests
1,045 926 873
Total Preferred & Common Equity
1,013 902 824
Preferred Stock
0.00 0.00 0.00
Total Common Equity
1,013 902 824
Common Stock
378 321 306
Retained Earnings
653 596 534
Treasury Stock
-12 -12 -12
Accumulated Other Comprehensive Income / (Loss)
-5.87 -3.05 -4.05
Noncontrolling Interest
32 24 49

Quarterly Balance Sheets for Ameresco

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

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
4,170 3,982 3,965 3,803 3,461 3,041 2,967 3,038
Total Current Assets
1,257 1,225 1,240 1,126 1,030 922 958 1,093
Cash & Equivalents
72 114 150 78 108 49 179 123
Restricted Cash
75 72 68 58 57 39 21 24
Note & Lease Receivable
45 43 39 32 33 38 36 42
Accounts Receivable
227 230 155 147 133 123 131 220
Inventories, net
12 12 12 13 14 14 14 13
Prepaid Expenses
242 155 134 119 68 59 56 22
Current Deferred & Refundable Income Taxes
2.09 4.47 4.82 4.84 7.22 7.50 7.63 4.12
Other Current Assets
582 594 676 675 610 592 514 645
Plant, Property, & Equipment, net
11 17 17 17 18 17 17 15
Total Noncurrent Assets
2,902 2,741 2,708 2,660 2,413 2,102 1,993 1,930
Noncurrent Note & Lease Receivables
615 566 552 578 529 499 540 727
Goodwill
68 76 75 75 77 78 78 70
Intangible Assets
9.17 5.39 5.64 6.20 7.35 8.14 8.67 5.09
Noncurrent Deferred & Refundable Income Taxes
67 37 30 26 9.44 3.59 3.05 3.36
Other Noncurrent Operating Assets
2,142 2,057 2,045 1,975 1,790 1,513 1,363 1,125
Total Liabilities & Shareholders' Equity
4,170 3,982 3,965 3,803 3,461 3,041 2,967 3,038
Total Liabilities
3,122 2,973 2,980 2,829 2,515 2,119 2,026 2,175
Total Current Liabilities
798 965 1,232 1,162 882 752 767 860
Short-Term Debt
149 343 524 539 410 333 313 301
Accounts Payable
436 399 497 437 328 290 285 411
Accrued Expenses
112 101 100 110 94 81 115 95
Current Deferred Revenue
91 108 97 61 37 40 39 43
Current Deferred & Payable Income Tax Liabilities
0.12 0.66 0.22 0.40 1.11 1.56 7.95 3.07
Other Current Liabilities
9.59 12 14 14 13 5.94 5.87 6.13
Total Noncurrent Liabilities
2,324 2,008 1,748 1,667 1,632 1,367 1,259 1,315
Long-Term Debt
1,567 1,318 1,079 1,012 1,022 784 632 512
Capital Lease Obligations
58 58 49 51 39 32 32 31
Noncurrent Deferred & Payable Income Tax Liabilities
2.12 2.60 4.37 4.58 4.13 7.97 2.87 11
Other Noncurrent Operating Liabilities
696 630 616 600 567 542 592 762
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
1.97 43 44 44 47 48 47 48
Total Equity & Noncontrolling Interests
1,046 967 941 930 899 874 895 815
Total Preferred & Common Equity
1,012 937 915 905 869 844 829 798
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,012 937 915 905 869 844 829 798
Common Stock
382 336 332 327 322 317 311 299
Retained Earnings
647 616 598 593 562 541 535 516
Treasury Stock
-12 -12 -12 -12 -12 -12 -12 -12
Accumulated Other Comprehensive Income / (Loss)
-4.94 -2.80 -3.80 -3.59 -3.74 -2.88 -4.65 -5.65
Noncontrolling Interest
34 29 26 25 31 30 66 17

Annual Metrics And Ratios for Ameresco

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

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Growth Metrics
- - -
Revenue Growth
28.76% -24.65% 50.07%
EBITDA Growth
19.59% -34.41% 27.43%
EBIT Growth
-9.21% -64.92% 33.18%
NOPAT Growth
27.69% 9.74% 25.02%
Net Income Growth
-15.59% -35.16% 22.89%
EPS Growth
-8.55% -34.27% 31.85%
Operating Cash Flow Growth
268.02% 79.31% -96.34%
Free Cash Flow Firm Growth
95.19% -12.01% -164.26%
Invested Capital Growth
8.30% 37.93% 51.54%
Revenue Q/Q Growth
5.44% 8.67% -4.41%
EBITDA Q/Q Growth
9.63% 4.75% -7.19%
EBIT Q/Q Growth
8.48% 1.95% -12.25%
NOPAT Q/Q Growth
9.44% 34.42% -6.17%
Net Income Q/Q Growth
9.81% 29.22% -10.00%
EPS Q/Q Growth
8.08% 32.95% -10.10%
Operating Cash Flow Q/Q Growth
68.84% 33.68% -2.79%
Free Cash Flow Firm Q/Q Growth
81.40% 12.95% -27.67%
Invested Capital Q/Q Growth
0.76% 5.02% 9.97%
Profitability Metrics
- - -
Gross Margin
14.47% 17.93% 15.94%
EBITDA Margin
7.20% 7.76% 8.91%
Operating Margin
6.10% 5.85% 7.20%
EBIT Margin
1.87% 2.66% 5.70%
Profit (Net Income) Margin
3.05% 4.65% 5.40%
Tax Burden Percent
158.93% 166.99% 93.22%
Interest Burden Percent
102.39% 104.82% 101.58%
Effective Tax Rate
-58.93% -66.99% 6.78%
Return on Invested Capital (ROIC)
6.96% 6.58% 8.60%
ROIC Less NNEP Spread (ROIC-NNEP)
-1.13% 0.15% 4.54%
Return on Net Nonoperating Assets (RNNOA)
-1.62% 0.17% 3.20%
Return on Equity (ROE)
5.34% 6.75% 11.80%
Cash Return on Invested Capital (CROIC)
-1.01% -25.30% -32.38%
Operating Return on Assets (OROA)
0.84% 1.11% 4.08%
Return on Assets (ROA)
1.37% 1.94% 3.86%
Return on Common Equity (ROCE)
5.06% 6.16% 10.80%
Return on Equity Simple (ROE_SIMPLE)
5.32% 7.08% 11.96%
Net Operating Profit after Tax (NOPAT)
172 134 122
NOPAT Margin
9.69% 9.77% 6.71%
Net Nonoperating Expense Percent (NNEP)
8.09% 6.44% 4.06%
Return On Investment Capital (ROIC_SIMPLE)
6.27% 5.46% 6.78%
Cost of Revenue to Revenue
85.53% 82.07% 84.06%
SG&A Expenses to Revenue
9.82% 11.80% 8.74%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
8.37% 12.07% 8.74%
Earnings before Interest and Taxes (EBIT)
33 37 104
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
128 107 163
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.22 1.83 3.60
Price to Tangible Book Value (P/TBV)
1.31 2.02 3.96
Price to Revenue (P/Rev)
0.70 1.20 1.63
Price to Earnings (P/E)
21.70 26.48 31.25
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
4.61% 3.78% 3.20%
Enterprise Value to Invested Capital (EV/IC)
1.09 1.32 2.25
Enterprise Value to Revenue (EV/Rev)
1.57 2.27 2.11
Enterprise Value to EBITDA (EV/EBITDA)
21.80 29.24 23.73
Enterprise Value to EBIT (EV/EBIT)
83.87 85.40 37.07
Enterprise Value to NOPAT (EV/NOPAT)
16.21 23.21 31.51
Enterprise Value to Operating Cash Flow (EV/OCF)
23.64 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00
Leverage & Solvency
- - -
Debt to Equity
1.62 1.58 1.01
Long-Term Debt to Equity
1.47 1.25 0.65
Financial Leverage
1.44 1.16 0.70
Leverage Ratio
3.90 3.48 3.05
Compound Leverage Factor
3.99 3.65 3.10
Debt to Total Capital
61.77% 61.20% 50.33%
Short-Term Debt to Total Capital
5.45% 12.85% 17.90%
Long-Term Debt to Total Capital
56.32% 48.35% 32.42%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
1.25% 2.82% 5.16%
Common Equity to Total Capital
36.97% 35.97% 44.51%
Debt to EBITDA
13.28 14.39 5.73
Net Debt to EBITDA
11.88 13.06 4.89
Long-Term Debt to EBITDA
12.10 11.37 3.69
Debt to NOPAT
9.87 11.42 7.61
Net Debt to NOPAT
8.83 10.37 6.50
Long-Term Debt to NOPAT
9.00 9.02 4.90
Altman Z-Score
1.03 1.06 2.00
Noncontrolling Interest Sharing Ratio
5.21% 8.79% 8.49%
Liquidity Ratios
- - -
Current Ratio
1.46 1.25 1.23
Quick Ratio
0.46 0.30 0.40
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-25 -516 -461
Operating Cash Flow to CapEx
26.83% -12.68% -103.17%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00
Efficiency Ratios
- - -
Asset Turnover
0.45 0.42 0.72
Accounts Receivable Turnover
8.63 8.40 10.86
Inventory Turnover
120.18 81.01 133.21
Fixed Asset Turnover
124.49 83.05 126.59
Accounts Payable Turnover
3.25 3.00 4.66
Days Sales Outstanding (DSO)
42.31 43.46 33.61
Days Inventory Outstanding (DIO)
3.04 4.51 2.74
Days Payable Outstanding (DPO)
112.37 121.62 78.31
Cash Conversion Cycle (CCC)
-67.02 -73.66 -41.97
Capital & Investment Metrics
- - -
Invested Capital
2,562 2,366 1,715
Invested Capital Turnover
0.72 0.67 1.28
Increase / (Decrease) in Invested Capital
196 651 583
Enterprise Value (EV)
2,780 3,118 3,858
Market Capitalization
1,231 1,654 2,966
Book Value per Share
$19.32 $17.27 $15.87
Tangible Book Value per Share
$17.89 $15.69 $14.42
Total Capital
2,740 2,507 1,851
Total Debt
1,693 1,535 932
Total Long-Term Debt
1,543 1,212 600
Net Debt
1,515 1,393 796
Capital Expenditures (CapEx)
438 552 328
Debt-free, Cash-free Net Working Capital (DFCFNWC)
383 408 384
Debt-free Net Working Capital (DFNWC)
561 549 521
Net Working Capital (NWC)
412 227 189
Net Nonoperating Expense (NNE)
118 70 24
Net Nonoperating Obligations (NNO)
1,515 1,393 796
Total Depreciation and Amortization (D&A)
94 70 58
Debt-free, Cash-free Net Working Capital to Revenue
21.65% 29.66% 21.07%
Debt-free Net Working Capital to Revenue
31.72% 39.96% 28.54%
Net Working Capital to Revenue
23.28% 16.51% 10.38%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$1.08 $1.20 $1.83
Adjusted Weighted Average Basic Shares Outstanding
52.38M 52.14M 51.84M
Adjusted Diluted Earnings per Share
$1.07 $1.17 $1.78
Adjusted Weighted Average Diluted Shares Outstanding
53.14M 53.23M 53.28M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
52.54M 52.28M 51.95M
Normalized Net Operating Profit after Tax (NOPAT)
84 59 122
Normalized NOPAT Margin
4.76% 4.29% 6.71%
Pre Tax Income Margin
1.92% 2.78% 5.79%
Debt Service Ratios
- - -
EBIT to Interest Expense
0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00
Payout Ratios
- - -
Dividend Payout Ratio
3.32% 35.21% 1.14%
Augmented Payout Ratio
3.32% 35.21% 1.14%

Quarterly Metrics And Ratios for Ameresco

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 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
18.24% 20.69% 49.45% 33.91% 10.10% 33.05% -24.05% -43.35% -42.82% -20.24% 61.24%
EBITDA Growth
53.74% 36.41% 33.03% 3.38% -15.43% 22.28% -37.55% -50.21% -53.83% -30.20% 45.23%
EBIT Growth
28.49% 26.77% 25.43% -38.30% -686.15% 16.85% -65.63% -77.73% -94.97% -51.08% 64.46%
NOPAT Growth
71.30% 32.31% 5.06% 19.01% -58.36% 123.03% 20.35% -52.97% -46.36% -20.17% 36.94%
Net Income Growth
9.26% 14.56% -18.37% -38.26% -496.79% 77.50% -24.85% -74.41% -91.93% -37.00% 36.76%
EPS Growth
-66.67% 12.70% -17.50% -25.00% -400.00% 85.29% -21.57% -80.33% -93.75% -37.04% 54.55%
Operating Cash Flow Growth
-235.97% 162.14% 481.79% 157.56% -64.58% 54.59% -118.95% -191.99% 121.28% -16.38% 274.58%
Free Cash Flow Firm Growth
68.36% 80.07% 62.14% 0.95% -194.22% -6.20% -42.56% 13.07% 50.88% -132.94% -96.68%
Invested Capital Growth
9.68% 8.30% 12.88% 21.90% 42.02% 37.93% 44.43% 28.09% 17.58% 51.54% 46.01%
Revenue Q/Q Growth
-33.76% 6.35% 14.36% 46.77% -32.39% 31.69% 2.47% 20.67% -18.29% -24.83% -23.57%
EBITDA Q/Q Growth
-56.79% 26.30% 42.80% 97.25% -63.46% 23.17% 10.98% 61.35% -47.53% -37.09% -11.52%
EBIT Q/Q Growth
-121.45% 52.25% 160.51% 184.07% -134.31% 50.64% 28.15% 698.67% -93.22% -55.70% -16.96%
NOPAT Q/Q Growth
-87.80% 80.62% 107.60% 274.49% -91.06% 43.43% 135.16% 31.01% -53.15% -22.61% -8.11%
Net Income Q/Q Growth
-114.79% 122.82% 227.57% 184.07% -118.67% 58.78% 147.74% 440.33% -91.65% -32.78% -15.63%
EPS Q/Q Growth
-114.08% 115.15% 266.67% 250.00% -109.52% 57.50% 233.33% 500.00% -94.12% -33.33% -16.39%
Operating Cash Flow Q/Q Growth
-254.03% -26.76% -52.94% 156.11% 170.40% -349.94% 92.90% -257.59% 190.25% -287.80% 209.31%
Free Cash Flow Firm Q/Q Growth
-92.35% 52.25% 40.33% 42.28% -21.83% 9.27% -56.10% -71.45% 56.10% -21.79% 4.81%
Invested Capital Q/Q Growth
4.46% 0.76% 5.17% -0.91% 3.14% 5.02% 13.57% 15.45% 0.18% 9.97% 0.72%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
14.72% 12.54% 15.40% 14.88% 15.75% 16.81% 18.99% 17.93% 18.43% 18.57% 18.03%
EBITDA Margin
5.94% 9.11% 7.67% 6.14% 4.57% 8.06% 8.62% 7.96% 5.95% 8.77% 10.48%
Operating Margin
3.88% 8.26% 6.99% 4.78% 2.68% 7.32% 6.39% 5.39% 3.36% 6.42% 8.82%
EBIT Margin
-1.25% 3.87% 2.70% 1.19% -2.07% 3.68% 3.22% 2.57% 0.39% 4.19% 7.11%
Profit (Net Income) Margin
-1.59% 7.12% 3.40% 1.19% -2.07% 7.50% 6.22% 2.57% 0.57% 5.62% 6.28%
Tax Burden Percent
126.89% 178.53% 124.28% 100.00% 100.00% 183.75% 193.20% 99.94% 147.72% 124.98% 88.35%
Interest Burden Percent
100.00% 103.07% 101.18% 100.00% 100.00% 110.82% 100.00% 100.00% 100.00% 107.26% 100.00%
Effective Tax Rate
0.00% -78.53% -24.28% 0.00% 0.00% -83.75% -93.20% 0.06% -47.72% -24.98% 11.65%
Return on Invested Capital (ROIC)
1.94% 10.60% 6.08% 3.29% 1.26% 9.06% 8.20% 4.18% 5.06% 10.29% 11.32%
ROIC Less NNEP Spread (ROIC-NNEP)
0.96% 7.80% 4.21% 2.03% 0.21% 6.66% 6.15% 3.15% 3.42% 8.93% 10.06%
Return on Net Nonoperating Assets (RNNOA)
1.46% 11.22% 6.12% 2.65% 0.25% 7.70% 6.81% 3.20% 2.89% 6.29% 6.71%
Return on Equity (ROE)
3.40% 21.82% 12.20% 5.94% 1.52% 16.77% 15.00% 7.38% 7.94% 16.58% 18.03%
Cash Return on Invested Capital (CROIC)
-2.45% -1.01% -5.57% -12.43% -27.66% -25.30% -31.11% -19.56% -9.35% -32.38% -27.47%
Operating Return on Assets (OROA)
-0.57% 1.74% 1.22% 0.51% -0.86% 1.54% 1.25% 1.19% 0.23% 3.00% 5.42%
Return on Assets (ROA)
-0.73% 3.20% 1.53% 0.51% -0.86% 3.13% 2.42% 1.19% 0.34% 4.02% 4.79%
Return on Common Equity (ROCE)
3.22% 20.68% 11.26% 5.48% 1.37% 15.29% 13.82% 6.78% 7.18% 15.17% 16.77%
Return on Equity Simple (ROE_SIMPLE)
5.39% 0.00% 5.24% 5.79% 6.21% 0.00% 5.69% 6.68% 9.75% 0.00% 13.73%
Net Operating Profit after Tax (NOPAT)
9.58 79 43 21 5.60 59 41 18 13 27 34
NOPAT Margin
2.72% 14.75% 8.68% 4.78% 1.88% 13.45% 12.35% 5.38% 4.96% 8.03% 7.80%
Net Nonoperating Expense Percent (NNEP)
0.98% 2.80% 1.87% 1.26% 1.05% 2.40% 2.05% 1.03% 1.63% 1.36% 1.27%
Return On Investment Capital (ROIC_SIMPLE)
0.34% 2.87% - - - 2.41% - - - 1.48% -
Cost of Revenue to Revenue
85.28% 87.46% 84.60% 85.12% 84.25% 83.19% 81.01% 82.07% 81.57% 81.43% 81.97%
SG&A Expenses to Revenue
10.91% 8.98% 8.41% 10.10% 13.26% 8.31% 12.76% 12.66% 15.24% 11.89% 9.31%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
10.91% 4.17% 8.41% 10.10% 13.26% 9.18% 12.76% 12.66% 15.24% 11.89% 9.31%
Earnings before Interest and Taxes (EBIT)
-4.42 21 14 5.19 -6.18 16 11 8.42 1.05 14 31
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
21 49 38 27 14 36 29 26 16 29 46
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.63 1.22 2.12 1.65 1.39 1.83 2.32 3.00 3.08 3.60 4.32
Price to Tangible Book Value (P/TBV)
0.68 1.31 2.32 1.81 1.53 2.02 2.57 3.35 3.44 3.96 4.77
Price to Revenue (P/Rev)
0.35 0.70 1.18 1.00 0.90 1.20 1.59 1.85 1.58 1.63 1.81
Price to Earnings (P/E)
11.71 21.70 37.23 26.42 21.59 26.48 43.13 48.01 32.51 31.25 32.76
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
8.54% 4.61% 2.69% 3.79% 4.63% 3.78% 2.32% 2.08% 3.08% 3.20% 3.05%
Enterprise Value to Invested Capital (EV/IC)
0.86 1.09 1.41 1.25 1.15 1.32 1.51 1.85 2.01 2.25 2.70
Enterprise Value to Revenue (EV/Rev)
1.26 1.57 2.14 1.99 1.99 2.27 2.69 2.68 2.13 2.11 2.20
Enterprise Value to EBITDA (EV/EBITDA)
17.05 21.80 30.90 28.20 26.41 29.24 33.37 30.84 23.70 23.73 24.02
Enterprise Value to EBIT (EV/EBIT)
65.86 83.87 117.61 108.26 90.11 85.40 94.85 65.13 40.16 37.07 35.48
Enterprise Value to NOPAT (EV/NOPAT)
13.25 16.21 22.92 18.73 19.05 23.21 33.99 41.06 31.85 31.51 32.25
Enterprise Value to Operating Cash Flow (EV/OCF)
33.57 23.64 51.60 79.26 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
1.69 1.62 1.70 1.68 1.64 1.58 1.55 1.25 1.04 1.01 0.98
Long-Term Debt to Equity
1.55 1.47 1.36 1.14 1.09 1.25 1.12 0.89 0.70 0.65 0.63
Financial Leverage
1.53 1.44 1.45 1.31 1.17 1.16 1.11 1.02 0.84 0.70 0.67
Leverage Ratio
3.94 3.90 3.81 3.67 3.53 3.48 3.59 3.38 3.19 3.05 3.18
Compound Leverage Factor
3.94 4.02 3.85 3.67 3.53 3.86 3.59 3.38 3.19 3.28 3.18
Debt to Total Capital
62.87% 61.77% 63.00% 62.64% 62.18% 61.20% 60.85% 55.50% 50.92% 50.33% 49.45%
Short-Term Debt to Total Capital
5.29% 5.45% 12.58% 19.87% 20.94% 12.85% 16.96% 16.07% 16.34% 17.90% 17.65%
Long-Term Debt to Total Capital
57.58% 56.32% 50.42% 42.77% 41.24% 48.35% 43.89% 39.42% 34.58% 32.42% 31.80%
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% 0.00%
Noncontrolling Interests to Total Capital
1.28% 1.25% 2.64% 2.67% 2.68% 2.82% 3.22% 3.79% 5.87% 5.16% 3.80%
Common Equity to Total Capital
35.85% 36.97% 34.36% 34.70% 35.14% 35.97% 35.93% 40.72% 43.21% 44.51% 46.74%
Debt to EBITDA
13.16 13.28 14.78 15.47 15.12 14.39 14.45 9.65 6.72 5.73 4.82
Net Debt to EBITDA
12.08 11.88 13.18 13.42 13.84 13.06 12.83 8.91 5.34 4.89 3.98
Long-Term Debt to EBITDA
12.05 12.10 11.83 10.56 10.03 11.37 10.42 6.85 4.56 3.69 3.10
Debt to NOPAT
10.23 9.87 10.96 10.27 10.91 11.42 14.72 12.85 9.03 7.61 6.47
Net Debt to NOPAT
9.38 8.83 9.78 8.91 9.99 10.37 13.07 11.86 7.18 6.50 5.34
Long-Term Debt to NOPAT
9.37 9.00 8.77 7.01 7.24 9.02 10.62 9.13 6.13 4.90 4.16
Altman Z-Score
0.91 1.02 1.13 0.90 0.84 1.04 1.13 1.49 1.63 1.90 1.94
Noncontrolling Interest Sharing Ratio
5.20% 5.21% 7.67% 7.80% 9.48% 8.79% 7.89% 8.08% 9.64% 8.49% 6.97%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.57 1.46 1.27 1.01 0.97 1.25 1.17 1.23 1.25 1.23 1.27
Quick Ratio
0.43 0.46 0.40 0.28 0.22 0.30 0.31 0.28 0.45 0.40 0.45
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-227 -118 -247 -413 -716 -591 -652 -417 -243 -557 -457
Operating Cash Flow to CapEx
-24.78% 23.00% 21.18% 41.64% 18.59% -31.59% -3.49% -52.04% 63.86% -51.81% 49.59%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.46 0.45 0.45 0.43 0.41 0.42 0.39 0.46 0.59 0.72 0.76
Accounts Receivable Turnover
9.77 8.63 9.24 10.88 10.09 8.40 7.17 8.28 9.68 10.86 11.47
Inventory Turnover
122.98 120.18 110.47 94.92 86.83 81.01 77.12 89.66 115.66 133.21 150.12
Fixed Asset Turnover
129.36 124.49 97.80 89.30 82.39 83.05 78.27 88.78 108.36 126.59 162.68
Accounts Payable Turnover
3.58 3.25 3.89 3.21 3.21 3.00 2.79 3.10 5.22 4.66 5.29
Days Sales Outstanding (DSO)
37.36 42.31 39.51 33.54 36.16 43.46 50.91 44.10 37.71 33.61 31.81
Days Inventory Outstanding (DIO)
2.97 3.04 3.30 3.85 4.20 4.51 4.73 4.07 3.16 2.74 2.43
Days Payable Outstanding (DPO)
101.90 112.37 93.81 113.77 113.85 121.62 130.89 117.66 69.94 78.31 68.99
Cash Conversion Cycle (CCC)
-61.57 -67.02 -51.00 -76.39 -73.48 -73.66 -75.24 -69.49 -29.08 -41.97 -34.74
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
2,676 2,562 2,543 2,418 2,440 2,366 2,253 1,984 1,718 1,715 1,560
Invested Capital Turnover
0.71 0.72 0.70 0.69 0.67 0.67 0.66 0.78 1.02 1.28 1.45
Increase / (Decrease) in Invested Capital
236 196 290 434 722 651 693 435 257 583 491
Enterprise Value (EV)
2,299 2,780 3,594 3,011 2,797 3,118 3,397 3,675 3,446 3,858 4,208
Market Capitalization
635 1,231 1,988 1,508 1,262 1,654 2,013 2,535 2,557 2,966 3,446
Book Value per Share
$19.26 $19.32 $17.89 $17.48 $17.31 $17.27 $16.64 $16.18 $15.96 $15.87 $15.39
Tangible Book Value per Share
$17.78 $17.89 $16.34 $15.93 $15.75 $15.69 $15.02 $14.53 $14.29 $14.42 $13.94
Total Capital
2,823 2,740 2,728 2,636 2,576 2,507 2,417 2,072 1,918 1,851 1,707
Total Debt
1,775 1,693 1,719 1,651 1,601 1,535 1,471 1,150 977 932 844
Total Long-Term Debt
1,625 1,543 1,376 1,128 1,062 1,212 1,061 817 663 600 543
Net Debt
1,628 1,515 1,533 1,433 1,466 1,393 1,306 1,062 777 796 697
Capital Expenditures (CapEx)
114 80 118 128 112 94 188 178 92 126 70
Debt-free, Cash-free Net Working Capital (DFCFNWC)
462 383 418 313 368 408 393 414 304 384 387
Debt-free Net Working Capital (DFNWC)
608 561 603 531 503 549 558 503 504 521 534
Net Working Capital (NWC)
459 412 260 7.57 -36 227 148 170 191 189 233
Net Nonoperating Expense (NNE)
15 41 26 16 12 26 21 9.19 12 7.98 6.67
Net Nonoperating Obligations (NNO)
1,628 1,515 1,533 1,433 1,466 1,393 1,306 1,062 777 796 697
Total Depreciation and Amortization (D&A)
25 28 25 22 20 19 18 18 15 15 15
Debt-free, Cash-free Net Working Capital to Revenue
25.32% 21.65% 24.89% 20.69% 26.25% 29.66% 31.07% 30.23% 18.76% 21.07% 20.28%
Debt-free Net Working Capital to Revenue
33.33% 31.72% 35.93% 35.12% 35.91% 39.96% 44.09% 36.66% 31.10% 28.54% 27.98%
Net Working Capital to Revenue
25.15% 23.28% 15.48% 0.50% -2.55% 16.51% 11.68% 12.37% 11.77% 10.38% 12.19%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.10) $0.70 $0.34 $0.10 ($0.06) $0.65 $0.41 $0.12 $0.02 $0.34 $0.53
Adjusted Weighted Average Basic Shares Outstanding
52.54M 52.38M 52.41M 52.36M 52.29M 52.14M 52.21M 52.13M 51.96M 51.84M 51.87M
Adjusted Diluted Earnings per Share
($0.10) $0.71 $0.33 $0.09 ($0.06) $0.63 $0.40 $0.12 $0.02 $0.34 $0.51
Adjusted Weighted Average Diluted Shares Outstanding
52.54M 53.14M 53.24M 53.11M 52.29M 53.23M 53.30M 53.21M 53.26M 53.28M 53.30M
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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
52.60M 52.54M 52.44M 52.40M 52.34M 52.28M 52.23M 52.20M 52.12M 51.95M 51.91M
Normalized Net Operating Profit after Tax (NOPAT)
9.58 31 25 15 5.60 23 15 18 6.37 15 34
Normalized NOPAT Margin
2.72% 5.78% 4.89% 3.35% 1.88% 5.13% 4.48% 5.38% 2.35% 4.50% 7.80%
Pre Tax Income Margin
-1.25% 3.99% 2.73% 1.19% -2.07% 4.08% 3.22% 2.57% 0.39% 4.50% 7.11%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
4.77% 3.32% 6.66% 5.49% 40.12% 35.21% 43.19% 38.02% 1.15% 1.14% 0.72%
Augmented Payout Ratio
4.77% 3.32% 6.66% 5.49% 40.12% 35.21% 43.19% 38.02% 1.15% 1.14% 0.72%

Frequently Asked Questions About Ameresco's Financials

When does Ameresco's financial year end?

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

How has Ameresco's net income changed over the last 2 years?

Ameresco's net income appears to be on a downward trend, with a most recent value of $53.94 million in 2024, falling from $98.55 million in 2022. The previous period was $63.90 million in 2023. Find out what analysts predict for Ameresco in the coming months.

What is Ameresco's operating income?
Ameresco's total operating income in 2024 was $107.95 million, based on the following breakdown:
  • Total Gross Profit: $256.09 million
  • Total Operating Expenses: $148.14 million
How has Ameresco revenue changed over the last 2 years?

Over the last 2 years, Ameresco's total revenue changed from $1.82 billion in 2022 to $1.77 billion in 2024, a change of -3.0%.

How much debt does Ameresco have?

Ameresco's total liabilities were at $3.11 billion at the end of 2024, a 13.5% increase from 2023, and a 58.9% increase since 2022.

How much cash does Ameresco have?

In the past 2 years, Ameresco's cash and equivalents has ranged from $79.27 million in 2023 to $115.53 million in 2022, and is currently $108.52 million as of their latest financial filing in 2024.

How has Ameresco's book value per share changed over the last 2 years?

Over the last 2 years, Ameresco's book value per share changed from 15.87 in 2022 to 19.32 in 2024, a change of 21.7%.



This page (NYSE:AMRC) was last updated on 5/28/2025 by MarketBeat.com Staff
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