AMRC
Ameresco Inc
NYSE: AMRC · INDUSTRIALS · ENGINEERING & CONSTRUCTION
$27.29
-1.62% today
Updated 2026-04-29
Market cap
$1.44B
P/E ratio
32.88
P/S ratio
0.75x
EPS (TTM)
$0.83
Dividend yield
—
52W range
$11 – $45
Volume
0.5M
Ameresco Inc (AMRC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $395.85M | $428.52M | $618.23M | $728.20M | $631.17M | $574.17M | $593.24M | $630.83M | $651.23M | $717.15M | $787.14M | $866.93M | $1.03B | $1.22B | $1.82B | $1.37B | $1.77B | $1.93B |
| Revenue growth (YoY) | — | +8.3% | +44.3% | +17.8% | -13.3% | -9.0% | +3.3% | +6.3% | +3.2% | +10.1% | +9.8% | +10.1% | +19.1% | +17.8% | +50.1% | -24.7% | +28.8% | +9.2% |
| Cost of revenue | $318.57M | $348.82M | $507.52M | $593.15M | $503.02M | $470.85M | $476.31M | $513.77M | $516.88M | $572.99M | $613.53M | $698.82M | $844.73M | $985.34M | $1.53B | $1.13B | $1.51B | $1.63B |
| Gross profit | $77.28M | $79.70M | $110.70M | $135.05M | $128.15M | $103.32M | $116.93M | $117.06M | $134.34M | $144.16M | $173.61M | $168.12M | $187.55M | $230.36M | $290.83M | $246.43M | $256.09M | $304.01M |
| Gross margin | 19.5% | 18.6% | 17.9% | 18.5% | 20.3% | 18.0% | 19.7% | 18.6% | 20.6% | 20.1% | 22.1% | 19.4% | 18.2% | 18.9% | 15.9% | 17.9% | 14.5% | 15.7% |
| R&D | $13.11M | $9.60M | $13.68M | $18.28M | $16.63M | $517000.00 | $490000.00 | $528000.00 | $238000.00 | $128000.00 | $47000.00 | $12000.00 | $19000.00 | $8000.00 | $1000.00 | — | — | — |
| SG&A | $39.50M | $44.81M | $51.03M | $66.08M | $81.85M | $96.69M | $103.78M | $110.01M | $110.57M | $107.57M | $114.51M | $116.50M | $116.05M | $134.92M | $157.84M | $163.27M | $173.76M | $178.54M |
| Operating income | $24.68M | $25.29M | $45.99M | $50.69M | $28.66M | $6.63M | $13.15M | $7.06M | $23.78M | $36.59M | $59.10M | $51.61M | $71.50M | $95.43M | $132.99M | $82.22M | $108.75M | $125.48M |
| Operating margin | 6.2% | 5.9% | 7.4% | 7.0% | 4.5% | 1.2% | 2.2% | 1.1% | 3.7% | 5.1% | 7.5% | 6.0% | 6.9% | 7.9% | 7.3% | 6.0% | 6.1% | 6.5% |
| EBITDA | $25.62M | $31.93M | $57.41M | $64.69M | $48.04M | $27.11M | $35.98M | $31.38M | $48.53M | $62.08M | $89.63M | $92.06M | $116.58M | $141.93M | $190.63M | $150.39M | $194.80M | $229.75M |
| EBITDA margin | 6.5% | 7.5% | 9.3% | 8.9% | 7.6% | 4.7% | 6.1% | 5.0% | 7.5% | 8.7% | 11.4% | 10.6% | 11.3% | 11.7% | 10.4% | 10.9% | 11.0% | 11.9% |
| EBIT | $21.84M | $25.29M | $45.99M | $50.69M | $28.70M | $6.63M | $13.15M | $7.06M | $23.78M | $36.59M | $59.10M | $52.62M | $74.54M | $95.35M | $136.35M | $84.48M | $105.59M | $125.48M |
| Interest expense | $2.12M | $2.99M | $4.95M | $2.99M | $4.09M | $3.87M | $5.90M | $3.73M | $6.51M | $9.16M | $15.03M | $16.07M | $18.11M | $17.21M | $30.63M | $46.21M | $71.65M | $87.94M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $18.27M | $19.91M | $28.73M | $34.73M | $18.36M | $2.41M | $10.38M | $2.98M | $12.03M | $37.49M | $37.98M | $44.44M | $54.05M | $70.46M | $94.93M | $62.47M | $56.76M | $44.28M |
| Net income growth (YoY) | — | +8.9% | +44.3% | +20.9% | -47.1% | -86.9% | +330.1% | -71.3% | +304.2% | +211.6% | +1.3% | +17.0% | +21.6% | +30.4% | +34.7% | -34.2% | -9.1% | -22.0% |
| Profit margin | 4.6% | 4.6% | 4.6% | 4.8% | 2.9% | 0.4% | 1.8% | 0.5% | 1.8% | 5.2% | 4.8% | 5.1% | 5.2% | 5.8% | 5.2% | 4.5% | 3.2% | 2.3% |