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AMRCAmeresco, Inc.
$25.49$1.3B
Overview & Verdict
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AMRC logoAmeresco, Inc.(AMRC)Earnings, Financials & Key Ratios

AMRC•NYSE
$25.49
30.7× P/E·Price updated Jul 7, 2026
SectorIndustrialsIndustryEngineering & ConstructionSub-IndustryBuilding systems and specialty trades
AboutAmeresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, and internationally. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. The company operates through U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation segments. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities. The company's 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. It also 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. In addition, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting and enterprise energy management services; and owns and operates a wind power project located in Ireland. It serves the federal, state, and local governments, as well as healthcare and educational institutions, airports, public housing authorities and public universities, and commercial and industrial customers. As of December 31, 2021, the company owned and operated 147 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was founded in 2000 and is headquartered in Framingham, Massachusetts.Show more
  • Revenue$1.93B+9.2%
  • EBITDA$230M+16.1%
  • Net Income$44M-22.0%
  • EPS (Diluted)0.83-22.4%
  • Gross Margin15.73%+8.7%
  • EBITDA Margin11.89%+6.3%
  • Operating Margin6.49%+5.7%
  • Net Margin2.29%-28.5%
  • ROE4.08%-27.4%

AMRC Price & Volume

Ameresco, Inc. (AMRC) stock price & volume — 10-year historical chart

Loading chart...

Capital Intensive Pivot Strains Operational Liquidity

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Project execution and financing

Key Thesis Takeaways

  • Ameresco is undergoing a fundamental transition from a service-oriented integrator to a capital-intensive independent power producer, a shift that has significantly pressured its financial flexibility.
  • While the company maintains top-line revenue growth, the reliance on debt-funded asset expansion has led to persistent free cash flow deficits and erratic earnings quality.
  • Investors should monitor the company's ability to manage project-level financing risks and stabilize operating margins, which have recently contracted to 2.6% in 2026Q1.

Verdict Logic

the company's inability to generate positive free cash flow, evidenced by a $61.5 million deficit in 2026Q1, combined with a high debt-to-equity ratio of 1.84, suggests significant execution and solvency risks.

AMRC Growth Metrics

Ameresco, Inc. (AMRC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years11.84%
5 Years13.36%
3 Years1.93%
TTM8.57%

Profit CAGR

10 Years30.99%
5 Years-3.91%
3 Years-22.44%
TTM-41.92%

EPS CAGR

10 Years45.15%
5 Years-5.48%
3 Years-22.46%
TTM-43.14%

Return on Capital

10 Years5.12%
5 Years4.75%
3 Years3.55%
Last Year3.7%

AMRC Recent Earnings

Ameresco, Inc. (AMRC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 4, 2026
Metric
Actual
Est
EPS
$0.33-22.2%
$0.27
Rev
$401M+10.6%
$363M
Q2 2026
Mar 2, 2026
Metric
Actual
Est
EPS
$0.39+21.9%
$0.32
Rev
$581M+4.5%
$556M
Q4 2025
Nov 3, 2025
Metric
Actual
Est
EPS
$0.35+34.6%
$0.26
Rev
$526M-5.5%
$556M
Q3 2025
Aug 4, 2025
Metric
Actual
Est
EPS
$0.27+350.0%
$0.06
Rev
$472M-8.8%
$518M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 4, 2026
$0.33vs $0.27-22.2%
$401Mvs $363M+10.6%
Q2 2026Mar 2, 2026
$0.39vs $0.32+21.9%
$581Mvs $556M+4.5%
Q4 2025Nov 3, 2025
$0.35vs $0.26+34.6%
$526Mvs $556M-5.5%
Q3 2025Aug 4, 2025
$0.27vs $0.06+350.0%
$472Mvs $518M-8.8%
Based on last 12 quarters of dataView full earnings history →

Latest AMRC News

Recent stock market news and headlines for Ameresco, Inc. (AMRC)

Business Wire·5 days ago
Ameresco to Announce Second Quarter 2026 Financial Results on August 3, 2026

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE:AMRC), a leading energy infrastructure solutions provider, today announced that it will release its second quarter 2026 financial results after the close of the market on Monday, August 3, 2026. The earnings press release will be available on the “Investor Relations” section of the Company's website at www.ameresco.com. The Company will host an earnings conference call at 4:30 p.m. EDT the same day. In conjunction with its earnings confe.

GuruFocus·Jun 30, 2026
Is It Too Late to Buy Ameresco Inc (AMRC) After 3.9% Rally? GF Value Says Undervalued

On June 30, 2026, Ameresco Inc (AMRC) shares rose 3.9% today, bringing the current price to $27.60. The stock has experienced a 52-week range of $15.01 to $44.9

The Motley Fool·Jun 30, 2026
An Ameresco Director Sold 10,000 Company Shares. Here's a Look at the Transaction.

Director Francis Wisneski sold 10,000 Class A shares for a transaction value of ~$303,000 on May 19, 2026, at around $30.29 per share. The transaction represented 28.38% of direct holdings, reducing direct ownership to 25,232 shares.

GuruFocus·Jun 23, 2026
Ameresco to Deliver Smart Water Metering infrastructure to Texas Municipal Utilities to Improve Operational Efficiency and Customer Service

[url="]Ameresco, Inc.[/url], (NYSE: AMRC), a leading energy infrastructure solutions provider, today announced the execution of two Advanced Metering Infrastru

Business Wire·Jun 23, 2026
Ameresco to Deliver Smart Water Metering infrastructure to Texas Municipal Utilities to Improve Operational Efficiency and Customer Service

FRAMINGHAM, Mass. & GREATER HOUSTON, Texas--(BUSINESS WIRE)--Ameresco to modernize Baytown and Shenandoah water systems with AMI technology, improving efficiency, accuracy, and customer transparency.

Peers Comparison

Key metrics vs top competitors for Ameresco, Inc. (AMRC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
AMRC logoAMRCAmeresco, Inc.Current
$25.49$1.35B30.719.16%2.29%4.08%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.75$192.85M3.8936.55%-19.55%-3.39%—
AEYE logoAEYEAudioEye, Inc.
$7.41$92.58M-29.6414.52%-9.05%-70.95%—
PESI logoPESIPerma-Fix Environmental Services, Inc.
$14.34$266.22M-19.124.33%-30.06%-34.48%—
MYRG logoMYRGMYR Group Inc.
$419.08$6.53B55.658.79%3.71%22.14%—
TTEK logoTTEKTetra Tech, Inc.
$30.93$8.07B33.264.69%8.96%24.36%—

Compare AMRC vs Peers

Ameresco, Inc. (AMRC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TPVG

Most directly comparable listed peer for AMRC.

Scale Benchmark

vs NEE

Larger-name benchmark to compare AMRC against a more recognizable public peer.

Peer Set

Compare Top 5

vs TPVG, AEYE, PESI, MYRG

AMRC SEC Filings & Documents

Ameresco, Inc. (AMRC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 4, 2026·SEC

Material company update

Mar 31, 2026·SEC

Material company update

Mar 2, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 3, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 5, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

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AMRC Frequently Asked Questions

Ameresco, Inc. (AMRC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Ameresco, Inc.'s revenue?

Ameresco, Inc. (AMRC) reported $1.98B in revenue for fiscal year 2025. This represents a 400% increase from $395.9M in 2008.

How fast is Ameresco, Inc. growing?

Ameresco, Inc. (AMRC) grew revenue by 9.2% over the past year. This is steady growth.

Is AMRC profitable?

Yes, Ameresco, Inc. (AMRC) is profitable, generating $31.5M in net income for fiscal year 2025 (2.3% net margin).

Dividend & Returns
What is AMRC's return on equity?

Ameresco, Inc. (AMRC) has a return on equity (ROE) of 4.1%. This is below average, suggesting room for improvement.

What is Ameresco, Inc.'s free cash flow?

Ameresco, Inc. (AMRC) had negative free cash flow of $251.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in AMRC back in 2008?

Total return calculator · dividends reinvested · 18+ years of data

See returns →