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Ameresco, Inc.

NYSE•AMRC
CEO: Mr. George P. Sakellaris P.E.
Sector: Industrials
Industry: Engineering & Construction
Listing Date: 2010-07-22
Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. It 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, the company offers renewable energy solutions and services, such as the 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 electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services; and operates wind farms. It serves the federal, state, local governments, healthcare and educational institutions, airports, public housing authorities and public universities, municipal utilities, and commercial and industrial customers. As of December 31, 2023, the company owned and operated 185 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.
Contact Information
111 Speen Street, Suite 410, Framingham, MA, 01701, United States
508-661-2200
www.ameresco.com
Market Cap
$1.43B
P/E (TTM)
32.3
48.2
Dividend Yield
--
52W High
$44.93
52W Low
$8.49
52W Range
51%
Rank39Top 39.1%
4.2
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$581.03M+0.00%
4-Quarter Trend

EPS

$0.35+0.00%
4-Quarter Trend

FCF

-$98.68M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Growth Strong Total revenues reached $1.93B USD, marking a 9.2% increase driven by project execution and European expansion.
Gross Profit Margin Rises Gross profit grew 18.7% to $304.0M USD; gross margin improved to 15.7% reflecting favorable project mix.
Project Backlog Expands Total project backlog stands at $5.04B USD as of December 31, 2025, showing strong medium-to-long term demand visibility.
Europe Segment Surges European segment revenue dramatically increased 111.1%, now representing 27.4% of total revenues for the period.

Risk Factors

Operating Cash Flow Negative Cash flow from operating activities was $(80.4M) USD in 2025, a sharp decline from positive cash flow in the prior year.
Federal Business Declines U.S. Federal segment revenue decreased 21.4% year-over-year, impacting overall segment contribution significantly.
SCE Contract Contingency Potential liquidated damages up to $89.0M USD remain subject to dispute regarding the Southern California Edison agreement.
Stock Voting Control Concentrated Founder and affiliates control voting power via Class B stock, limiting influence for other Class A stockholders.

Outlook

Future Financing Planned Company plans additional financings between $250.0M and $300.0M USD in 2026 to fund new renewable energy assets.
Regulatory Tax Credit Monitoring Management monitors IRA changes impacting eligibility for Investment Tax Credits and production tax credits moving forward.
Cybersecurity Defense Deepened Adhering to risk-based, multi-layered defense strategy for IT infrastructure, including external audits and testing.
Employee Development Focus Continued investment in career advancement, mentorship programs, and digital learning platforms for global employees.

Peer Comparison

Revenue (TTM)

HUBG stock ticker logoHUBG
$3.73B
-5.8%
ATKR stock ticker logoATKR
$2.84B
-7.2%
HNI stock ticker logoHNI
$2.84B
+12.4%

Gross Margin (Latest Quarter)

UPWK stock ticker logoUPWK
78.0%
-0.3pp
EPAC stock ticker logoEPAC
49.6%
-1.8pp
HNI stock ticker logoHNI
40.9%
+1.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SBLK$2.81B33.23.5%28.2%
TRN$2.66B10.524.5%64.6%
HUBG$2.50B23.66.3%17.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
18.1%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention

Deep Research

Next earnings:May 4, 2026
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LTM
No Data