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Financial Snapshot

Revenue
TTM
$196.3M
Gross Margin
TTM
76.1%
Net Income
TTM
$1.628M
Current Assets
2024 Q4
Current Liabilities
2024 Q4
Current Ratio
2024 Q4
43.57%
Total Assets
2024 Q4
Total Liabilities
2024 Q4
Book Value
2024 Q4
$543.4M
Cash
2024 Q4
P/E
TTM
494.2
Free Cash Flow
TTM
-$53.36M

Stock Price

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Market Cap: $804.48 Million

About Altus Power, Inc.

Altus Power, Inc. is a clean electrification company, which engages in the development, ownership, construction, and operation of roof, ground, and carport-based photovoltaic solar energy generation and storage systems. The company is headquartered in Stamford, Connecticut and currently employs 113 full-time employees. The company went IPO on 2020-12-15. The firm originates, develops, owns and operates locally sited solar generation, energy storage and charging infrastructure across the nation. The company is a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic (PV) and energy storage systems serving commercial and industrial, public sector and community solar customers. Its portfolio consists of over one gigawatt (GW) of solar PV. The company has long-term power purchase agreements with approximately 450 enterprise entities and contracts with over 36,000 residential customers which are serviced by 360 MW of community solar projects in operation. Its community solar projects are serving customers in over nine states. The firm also participates in numerous renewable solar energy credit (SREC) programs throughout the country.

Industry: Electric Services Peers: PwrCor, Inc. Brookfield Renewable Corp Montauk Renewables Inc XPLR Infrastructure LP Ormat Technologies Inc Sunnova Energy International Inc.

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