Ameresco, Inc. - Understand $amrc stock

$AMRC Market Cap: $1.46 Billion

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Financial Snapshot

Revenue

$1.679B

TTM

Gross Margin

15.71%

TTM

Net Earnings

$53.38M

TTM

Current Assets

$1.225B

Q3 2024

Current Liabilities

$964.7M

Q3 2024

Current Ratio

126.94%

Q3 2024

Total Assets

$3.982B

Q3 2024

Total Liabilities

$1.067B

Q3 2024

Book Value

$2.915B

Q3 2024

Cash

$113.5M

Q3 2024

P/E

27.35

Nov 29, 2024 EST

Free Cash Flow

-$271.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$1.375B	$1.824B	$1.216B	$1.032B	$866.9M	$787.1M	$717.2M	$651.2M	$630.8M	$593.2M	$574.2M	$631.2M	$728.2M	$618.2M	$428.5M	$395.9M	$378.5M	$277.9M
YoY Change	-24.65%	50.07%	17.77%	19.07%	10.14%	9.76%	10.12%	3.23%	6.34%	3.32%	-9.03%	-13.32%	17.79%	44.27%	8.24%	4.6%	36.2%	7.01%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$1.375B	$1.824B	$1.216B	$1.032B	$866.9M	$787.1M	$717.2M	$651.2M	$630.8M	$593.2M	$574.2M	$631.2M	$728.2M	$618.2M	$428.5M	$395.9M	$378.5M	$277.9M
Cost Of Revenue	$1.128B	$1.534B	$985.3M	$844.7M	$698.8M	$613.5M	$573.0M	$516.9M	$513.8M	$476.3M	$470.8M	$503.0M	$593.2M	$507.5M	$348.8M	$318.6M	$312.0M	$224.8M
Gross Profit	$246.4M	$290.8M	$230.4M	$187.5M	$168.1M	$173.6M	$144.2M	$134.3M	$117.1M	$116.9M	$103.3M	$128.1M	$135.0M	$110.7M	$79.70M	$77.30M	$66.40M	$53.10M
Gross Profit Margin	17.93%	15.94%	18.95%	18.17%	19.39%	22.06%	20.1%	20.63%	18.56%	19.71%	18.0%	20.3%	18.55%	17.91%	18.6%	19.53%	17.54%	19.11%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$162.1M	$157.8M	$134.9M	$116.1M	$116.5M	$114.5M	$106.2M	$108.4M	$106.8M	$99.60M	$92.30M	$81.80M	$66.10M	$51.00M	$44.80M	$39.50M	$37.90M
YoY Change	2.72%	16.99%	16.26%	-0.39%	1.74%	7.83%	-2.03%	1.5%	7.23%	7.91%	12.84%	23.75%	29.61%	13.84%	13.42%	4.22%
% of Gross Profit	65.8%	54.27%	58.57%	61.88%	69.3%	65.96%	73.67%	80.69%	91.23%	85.18%	89.33%	63.83%	48.95%	46.07%	56.21%	51.1%	57.08%
Research & Development												$16.60M	$18.30M	$13.70M	$9.600M	$13.10M	$8.100M
YoY Change												-9.29%	33.58%	42.71%	-26.72%	61.73%
% of Gross Profit												12.95%	13.55%	12.38%	12.05%	16.95%	12.2%
Depreciation & Amortization	$64.13M	$52.43M	$44.76M	$40.14M	$37.71M	$29.15M	$23.92M	$22.76M	$21.52M	$20.91M	$3.078M	$19.34M	$14.01M	$11.42M	$6.630M	$3.780M	$3.900M
YoY Change	22.31%	17.15%	11.51%	6.44%	29.37%	21.88%	5.06%	5.77%	2.93%	579.3%	-84.08%	38.06%	22.68%	72.24%	75.4%	-3.08%
% of Gross Profit	26.02%	18.03%	19.43%	21.4%	22.43%	16.79%	16.59%	16.94%	18.38%	17.88%	2.98%	15.09%	10.37%	10.32%	8.32%	4.89%	5.87%
Operating Expenses	$162.1M	$157.8M	$134.9M	$116.1M	$116.5M	$114.5M	$107.6M	$110.6M	$110.0M	$102.7M	$95.60M	$99.49M	$84.36M	$64.71M	$54.41M	$52.60M	$47.10M	$37.30M
YoY Change	2.72%	16.99%	16.26%	-0.39%	1.74%	6.42%	-2.71%	0.55%	7.11%	7.43%	-3.91%	17.93%	30.37%	18.94%	3.43%	11.68%	26.27%	14.42%
Operating Profit	$82.22M	$133.0M	$95.43M	$71.50M	$51.61M	$59.10M	$36.59M	$23.78M	$7.057M	$13.15M	$6.632M	$28.66M	$50.69M	$45.99M	$25.29M	$24.70M	$19.30M	$15.80M
YoY Change	-38.18%	39.35%	33.48%	38.53%	-12.67%	61.53%	53.89%	236.91%	-46.34%	98.3%	-76.86%	-43.46%	10.21%	81.83%	2.4%	27.98%	22.15%	4.64%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	$26.92M	$17.78M	$14.55M	$13.35M	$13.17M	$15.34M	$9.082M	$7.076M	$5.250M	$4.557M	-$4.600M	$3.634M	$4.207M	$4.945M	$1.600M	-$5.200M	-$3.100M
YoY Change	51.46%	22.18%	9.0%	1.37%	-14.19%	68.95%	28.35%	34.78%	15.21%	-199.07%	-226.58%	-13.61%	-14.93%	209.05%	-130.77%	67.74%
% of Operating Profit	32.74%	13.37%	15.24%	18.67%	25.51%	25.96%	24.82%	29.76%	74.39%	34.65%	-69.36%	12.68%	8.3%	10.75%	6.33%	-21.05%	-16.06%
Other Income/Expense, Net	-$43.95M	-$27.27M	-$17.29M	-$15.07M	-$15.06M	-$16.71M	-$7.871M	-$7.409M	-$6.765M	-$6.859M	-$3.873M	-$4.050M	-$6.506M	-$6.293M	$1.563M			-$1.800M
YoY Change	61.14%	57.74%	14.72%	0.07%	-9.86%	112.29%	6.24%	9.52%	-1.37%	77.1%	-4.37%	-37.75%	3.38%	-502.65%				12.5%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$38.27M	$98.00M	$74.26M	$52.60M	$34.70M	$46.54M	$29.79M	$19.87M	$17.86M	$14.51M	$7.705M	$29.40M	$43.26M	$35.64M	$26.86M	$19.50M	$16.30M	$14.00M
YoY Change	-60.95%	31.98%	41.18%	51.57%	-25.44%	56.22%	49.9%	11.28%	23.13%	88.25%	-73.79%	-32.03%	21.36%	32.71%	37.73%	19.63%	16.43%	4.48%
Income Tax	-$25.64M	$7.170M	-$2.047M	-$494.0K	-$3.748M	$4.813M	-$4.791M	$4.370M	$4.976M	-$4.091M	$345.0K	$6.247M	$10.77M	$12.19M	$6.950M	$1.200M	$5.700M	$4.300M
% Of Pretax Income	-66.99%	7.32%	-2.76%	-0.94%	-10.8%	10.34%	-16.08%	21.99%	27.86%	-28.2%	4.48%	21.25%	24.89%	34.19%	25.88%	6.15%	34.97%	30.71%
Net Earnings	$62.47M	$94.93M	$70.46M	$54.05M	$44.44M	$37.98M	$37.49M	$12.03M	$844.0K	$10.38M	$2.414M	$18.36M	$33.41M	$27.51M	$19.91M	$18.30M	$10.50M	$9.600M
YoY Change	-34.19%	34.73%	30.35%	21.64%	16.99%	1.31%	211.59%	1325.59%	-91.87%	330.12%	-86.85%	-45.05%	21.44%	38.21%	8.78%	74.29%	9.38%	-21.31%
Net Earnings / Revenue	4.54%	5.2%	5.8%	5.24%	5.13%	4.83%	5.23%	1.85%	0.13%	1.75%	0.42%	2.91%	4.59%	4.45%	4.65%	4.62%	2.77%	3.45%
Basic Earnings Per Share	$1.20	$1.83	$1.38	$1.13	$0.95	$0.83	$0.82	$0.26	$0.02	$0.22	$0.05	$0.41	$0.78	$1.07	$1.99
Diluted Earnings Per Share	$1.17	$1.78	$1.35	$1.10	$0.93	$0.81	$0.82	$0.26	$0.02	$0.22	$0.05	$0.40	$0.75	$0.66	$0.61	$538.2K	$279.3K	$254.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Cash & Short-Term Investments	$79.27M	$115.5M	$50.45M	$66.40M	$33.20M	$61.40M	$24.30M	$20.60M	$21.60M	$23.80M	$17.20M	$63.30M	$26.30M	$44.70M	$47.90M	$18.10M
YoY Change	-31.39%	129.01%	-24.02%	100.0%	-45.93%	152.67%	17.96%	-4.63%	-9.24%	38.37%	-72.83%	140.68%	-41.16%	-6.68%	164.64%
Cash & Equivalents	$79.27M	$115.5M	$50.45M	$66.40M	$33.20M	$61.40M	$24.30M	$20.60M	$21.60M	$23.80M	$17.20M	$63.30M	$26.30M	$44.70M	$47.90M	$18.10M
Short-Term Investments
Other Short-Term Assets	$206.4M	$75.42M	$62.86M	$64.80M	$62.60M	$50.20M	$146.0M	$90.10M	$131.8M	$92.00M	$111.4M	$112.3M	$103.1M	$70.70M	$49.10M	$43.90M
YoY Change	173.7%	19.99%	-3.0%	3.51%	24.7%	-65.62%	62.04%	-31.64%	43.26%	-17.41%	-0.8%	8.92%	45.83%	43.99%	11.85%
Inventory	$13.64M	$14.22M	$8.807M	$8.600M	$9.200M	$7.800M	$8.100M	$12.10M	$13.20M	$8.900M	$10.30M	$9.500M	$8.600M	$6.800M	$4.200M	$7.500M
Prepaid Expenses
Receivables	$823.4M	$788.4M	$511.2M	$341.2M	$315.1M	$186.3M	$102.6M	$102.8M	$94.80M	$87.60M	$107.0M	$107.3M	$135.4M	$87.00M	$70.50M	$62.00M
Other Receivables	$5.775M	$7.746M	$5.261M	$9.800M	$5.000M	$5.300M	$6.100M	$400.0K	$2.200M	$3.600M	$4.000M	$5.400M	$9.600M	$2.500M	$0.00	$0.00
Total Short-Term Assets	$1.128B	$1.001B	$638.6M	$490.7M	$425.2M	$311.0M	$287.1M	$226.1M	$263.7M	$215.8M	$249.8M	$297.8M	$283.1M	$211.7M	$171.8M	$131.4M
YoY Change	12.69%	56.81%	30.14%	15.4%	36.72%	8.32%	26.98%	-14.26%	22.2%	-13.61%	-16.12%	5.19%	33.73%	23.22%	30.75%
Property, Plant & Equipment	$1.765B	$1.235B	$911.6M	$777.5M	$622.4M	$466.9M	$361.7M	$324.8M	$249.6M	$225.1M	$219.4M	$216.7M	$184.9M	$150.6M	$122.0M	$106.8M
YoY Change	42.9%	35.52%	17.25%	24.92%	33.3%	29.08%	11.36%	30.13%	10.88%	2.6%	1.25%	17.2%	22.78%	23.44%	14.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$128.2M	$55.18M	$38.82M	$25.70M	$35.80M	$29.40M	$27.60M	$26.30M	$18.40M	$30.00M	$27.80M	$10.40M	$6.800M	$8.000M	$14.20M	$14.60M
YoY Change	132.4%	42.15%	51.05%	-28.21%	21.77%	6.52%	4.94%	42.93%	-38.67%	7.91%	167.31%	52.94%	-15.0%	-43.66%	-2.74%
Total Long-Term Assets	$2.585B	$1.875B	$1.586B	$1.260B	$948.8M	$850.6M	$696.9M	$571.2M	$459.7M	$406.1M	$354.9M	$377.7M	$362.5M	$372.7M	$203.7M	$160.6M
YoY Change	37.85%	18.23%	25.93%	32.76%	11.54%	22.05%	22.01%	24.25%	13.2%	14.43%	-6.04%	4.19%	-2.74%	82.97%	26.84%
Total Assets	$3.714B	$2.877B	$2.225B	$1.750B	$1.374B	$1.162B	$984.0M	$797.3M	$723.4M	$621.9M	$604.7M	$675.5M	$645.6M	$584.4M	$375.5M	$292.0M
YoY Change
Accounts Payable	$402.8M	$349.1M	$309.0M	$230.9M	$202.4M	$134.3M	$135.9M	$126.6M	$114.8M	$87.80M	$88.70M	$101.0M	$93.50M	$95.30M	$75.60M	$46.40M
YoY Change	15.36%	13.0%	33.81%	14.08%	50.71%	-1.18%	7.35%	10.28%	30.75%	-1.01%	-12.18%	8.02%	-1.89%	26.06%	62.93%
Accrued Expenses	$122.4M	$95.00M	$49.59M	$47.90M	$37.20M	$35.90M	$23.30M	$22.80M	$22.00M	$23.80M	$11.90M	$13.20M	$8.900M	$12.50M	$18.40M	$16.40M
YoY Change	28.85%	91.57%	3.52%	28.76%	3.62%	54.08%	2.19%	3.64%	-7.56%	100.0%	-9.85%	48.31%	-28.8%	-32.07%	12.2%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$7.300M	$0.00	$0.00	$0.00
YoY Change												-100.0%
Long-Term Debt Due	$322.2M	$331.5M	$78.93M	$69.40M	$70.00M	$26.90M	$22.40M	$19.30M	$13.40M	$12.30M	$13.00M	$12.50M	$11.60M	$4.700M	$8.100M	$5.100M
YoY Change	-2.79%	319.94%	13.74%	-0.86%	160.22%	20.09%	16.06%	44.03%	8.94%	-5.38%	4.0%	7.76%	146.81%	-41.98%	58.82%
Total Short-Term Liabilities	$901.5M	$812.1M	$474.2M	$383.1M	$336.6M	$222.6M	$202.1M	$190.6M	$179.7M	$142.9M	$131.2M	$148.9M	$148.3M	$142.6M	$132.3M	$91.00M
YoY Change	11.01%	71.24%	23.79%	13.81%	51.21%	10.14%	6.03%	6.07%	25.75%	8.92%	-11.89%	0.4%	4.0%	7.79%	45.38%
Long-Term Debt	$1.170B	$568.6M	$377.2M	$311.7M	$266.2M	$219.2M	$173.2M	$140.6M	$100.5M	$90.00M	$103.2M	$109.1M	$196.4M	$202.4M	$105.8M	$94.00M
YoY Change	105.77%	50.76%	21.01%	17.09%	21.44%	26.56%	23.19%	39.9%	11.67%	-12.79%	-5.41%	-44.45%	-2.96%	91.3%	12.55%
Other Long-Term Liabilities	$665.0M	$567.3M	$619.1M	$521.5M	$310.6M	$323.9M	$261.0M	$155.9M	$149.2M	$100.0M	$82.10M	$130.8M	$34.60M	$32.30M	$22.70M	$20.80M
YoY Change	17.23%	-8.37%	18.71%	67.9%	-4.11%	24.1%	67.42%	4.49%	49.2%	21.8%	-37.23%	278.03%	7.12%	42.29%	9.13%
Total Long-Term Liabilities	$1.835B	$1.136B	$996.3M	$833.2M	$576.8M	$543.1M	$434.2M	$296.5M	$249.7M	$190.0M	$185.3M	$239.9M	$231.0M	$234.7M	$128.5M	$114.8M
YoY Change	61.55%	14.02%	19.57%	44.45%	6.21%	25.08%	46.44%	18.74%	31.42%	2.54%	-22.76%	3.85%	-1.58%	82.65%	11.93%
Total Liabilities	$2.812B	$2.053B	$1.521B	$1.257B	$945.2M	$784.8M	$647.3M	$503.0M	$433.9M	$335.6M	$327.9M	$413.6M	$409.2M	$389.4M	$272.8M	$217.9M
YoY Change	36.97%	35.0%	20.93%	33.03%	20.44%	21.24%	28.69%	15.93%	29.29%	2.35%	-20.72%	1.08%	5.08%	42.74%	25.2%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	52.14M shares	51.84M shares	50.86M shares	47.70M shares	46.59M shares	45.73M shares	45.51M shares	46.41M shares	46.49M shares	46.16M shares	45.56M shares	44.65M shares	42.59M shares	25.73M shares	9.992M shares
Diluted Shares Outstanding	53.23M shares	53.28M shares	52.27M shares	49.01M shares	47.77M shares	46.83M shares	45.75M shares	46.49M shares	47.67M shares	47.03M shares	46.69M shares	46.00M shares	44.71M shares	41.51M shares	32.71M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.46 Billion

About Ameresco, Inc.

Ameresco, Inc. engages in the provision of energy services, including energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe. The company is headquartered in Framingham, Massachusetts and currently employs 1,503 full-time employees. The company went IPO on 2010-07-22. The Company’s comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and Europe. The Company’s segments include U.S. Regions, U.S. Federal, Canada, Alternative Fuels, Europe and All Other. Its U.S. Regions, U.S. Federal, Canada, and Europe segments offer energy efficiency products and services which include the design, engineering and installation of equipment and other measures. Its Alternative Fuels segment sells electricity and processed renewable natural gas (RNG) derived from biomethane from small-scale plants that it owns and operates and provides operations and maintenance (O&M) services for customer owned small-scale RNG plants. The Company’s All Other segment offers consulting services and the sale of solar photovoltaic (PV) energy products and systems.

Industry: Construction - Special Trade Contractors Peers: APi Group Corp MASTEC INC COMFORT SYSTEMS USA INC WillScot Holdings Corp DYCOM INDUSTRIES INC EMCOR Group, Inc. FLUOR CORP MDU RESOURCES GROUP INC QUANTA SERVICES, INC. VALMONT INDUSTRIES INC