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Ameresco, Inc. engages in the provision of energy solutions in the United States, Canada, and Europe. The company operates through North America Regions, U.S. Federal, Renewable Fuels, Europe, and All Other segments. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. The company also 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, it offers renewable energy solutions and services, such as the development and 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 sells electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company provides photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services. It serves the federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Ameresco develops, installs and operates energy-efficiency, renewable generation, energy storage and distributed-energy solutions for commercial, institutional and government customers, often through performance contracts and service agreements. Growth may be supported by corporate and public decarbonization targets, infrastructure and clean-energy incentives and rising demand for resilient energy. The company appears positioned to benefit from recurring fee-based revenues and integrated project delivery.
Key risks are project execution and integration on capital-intensive installations, dependence on public-sector and utility customers and project financing, competitive margin pressure, and sensitivity to interest rates and supply-chain constraints.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 44.98M | 33.94M | 38.27M | 105.72M | 78.14M |
| Minority interest | -12.39M | 2.82M | -2.79M | -3.62M | -9.73M |
| Net income | 44.28M | 56.76M | 62.47M | 94.93M | 70.46M |
| Selling general administrative | 178.54M | 173.76M | 163.27M | 157.84M | 134.92M |
| Gross profit | 304.01M | 256.09M | 246.43M | 290.83M | 230.36M |
| Reconciled depreciation | 104.27M | 89.21M | 61.23M | 54.28M | 46.58M |
| Ebit | 125.48M | 105.59M | 84.48M | 132.99M | 95.43M |
| Ebitda | 229.75M | 194.80M | 150.39M | 187.27M | 142.01M |
| Depreciation and amortization | 104.27M | 89.21M | 65.91M | 54.28M | 46.58M |
| Non operating income net other | - | - | - | - | -17.29M |
| Operating income | 125.48M | 108.75M | 82.22M | 132.99M | 95.43M |
| Other operating expenses | 1806.65M | 1661.18M | 1292.41M | 1691.43M | 1120.26M |
| Interest expense | 87.94M | 71.65M | 46.21M | 30.63M | 17.21M |
| Tax provision | -11.70M | -20.00M | -14.28M | 7.17M | -2.05M |
| Net interest income | -93.10M | -71.65M | -36.57M | -30.63M | -17.21M |
| Income tax expense | -11.70M | -20.00M | -25.64M | 7.17M | -2.05M |
| Total revenue | 1932.13M | 1769.93M | 1374.63M | 1824.42M | 1215.70M |
| Total operating expenses | 178.54M | 147.35M | 164.21M | 157.84M | 134.92M |
| Cost of revenue | 1628.11M | 1513.84M | 1128.20M | 1533.59M | 985.34M |
| Total other income expense net | -80.50M | -74.81M | -43.95M | -27.27M | -17.29M |
| Net income from continuing ops | 56.67M | 53.94M | 49.45M | 98.55M | 80.19M |
| Net income applicable to common shares | - | - | - | 94.81M | 70.46M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 4537.09M | 4158.51M | 3713.78M | 2876.82M | 2224.82M |
| Intangible assets | 7.46M | 8.81M | 6.81M | 4.69M | 6.96M |
| Other current assets | 1210.28M | 238.47M | 217.13M | 54.64M | 38.59M |
| Total liab | 3414.28M | 3110.90M | 2741.03M | 1957.17M | 1474.38M |
| Total stockholder equity | 1080.15M | 1013.23M | 901.98M | 824.03M | 704.26M |
| Deferred long term liab | - | - | - | 1.74M | 3.87M |
| Other current liab | 113.88M | 107.29M | 109.70M | 90.84M | 44.13M |
| Common stock | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Capital stock | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Retained earnings | 696.74M | 652.56M | 595.91M | 533.55M | 438.73M |
| Other liab | - | - | - | 60.91M | 55.55M |
| Good will | 69.30M | 66.31M | 75.59M | 70.63M | 71.16M |
| Other assets | - | - | 0.00M | 548.63M | 596.49M |
| Cash | 71.78M | 108.52M | 79.27M | 115.53M | 50.45M |
| Total current liabilities | 1028.91M | 889.01M | 901.47M | 812.07M | 474.22M |
| Current deferred revenue | 79.91M | 91.73M | 52.90M | 34.80M | 35.92M |
| Net debt | 1873.94M | 1594.76M | 1468.88M | 822.11M | 447.08M |
| Short term debt | 140.08M | 159.90M | 334.94M | 337.31M | 85.21M |
| Short long term debt | 132.12M | 149.36M | 322.25M | 331.48M | 78.93M |
| Short long term debt total | 1945.73M | 1703.28M | 1548.15M | 937.65M | 497.53M |
| Other stockholder equity | 383.87M | 366.53M | 309.10M | 294.53M | 272.19M |
| Property plant equipment | - | - | - | 1235.46M | 911.63M |
| Total current assets | 1552.53M | 1301.13M | 1128.47M | 1001.35M | 638.59M |
| Long term investments | - | - | - | - | 557.67M |
| Net tangible assets | - | - | - | 748.70M | 626.15M |
| Net receivables | 257.86M | 942.59M | 829.13M | 796.17M | 516.47M |
| Long term debt | 1749.71M | 1483.90M | 1170.08M | 568.63M | 377.18M |
| Inventory | 12.61M | 11.56M | 13.64M | 14.22M | 8.81M |
| Accounts payable | 691.20M | 529.34M | 402.75M | 349.13M | 308.96M |
| Accumulated other comprehensive income | -0.46M | -5.87M | -3.04M | -4.05M | -6.67M |
| Common stock total equity | - | - | - | - | 0.01M |
| Retained earnings total equity | - | - | - | - | 438.73M |
| Treasury stock | - | - | - | - | -11.79M |
| Non currrent assets other | 2199.02M | 719.23M | 67.06M | 561.64M | 35.12M |
| Non current assets total | 2984.56M | 2857.37M | 2585.30M | 1875.47M | 1586.24M |
| Capital lease obligations | 63.90M | 70.02M | 55.83M | 37.53M | 41.41M |
| Long term debt total | - | - | - | - | 377.18M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -386.64M | -590.89M | -328.36M | -205.26M |
| Change to liabilities | - | - | - | 36.60M | 82.78M |
| Total cashflows from investing activities | -251.32M | -386.64M | -566.94M | -328.36M | -205.26M |
| Net borrowings | 232.03M | 125.27M | 497.44M | 682.88M | 238.94M |
| Total cash from financing activities | 318.38M | 313.94M | 640.80M | 730.23M | 365.46M |
| Change to operating activities | - | - | - | -279.77M | -252.80M |
| Net income | 44.28M | 56.76M | 63.90M | 98.55M | 80.19M |
| Change in cash | -13.92M | 44.70M | 3.79M | 62.83M | -11.78M |
| Begin period cash flow | 178.22M | 153.68M | 149.89M | 87.05M | 98.84M |
| End period cash flow | 164.30M | 198.38M | 153.68M | 149.89M | 87.05M |
| Total cash from operating activities | -80.36M | 117.60M | -69.99M | -338.29M | -172.30M |
| Issuance of capital stock | - | - | 0.00M | 0.00M | 120.08M |
| Depreciation | 104.27M | 89.54M | 65.91M | 54.28M | 46.58M |
| Other cashflows from investing activities | 132.37M | -5.21M | -0.56M | -0.46M | 0.77M |
| Change to inventory | -1.05M | 2.08M | 0.58M | -5.41M | -0.23M |
| Change to account receivables | -268.71M | -215.19M | -216.60M | 8.19M | -28.84M |
| Sale purchase of stock | - | - | - | 0.00M | 127.41M |
| Other cashflows from financing activities | 94.41M | 185.91M | 143.36M | 892.08M | 343.58M |
| Change to netincome | - | - | - | 22.77M | 15.58M |
| Capital expenditures | 356.00M | 438.35M | 551.77M | 327.90M | 183.78M |
| Change receivables | - | - | - | - | -15.95M |
| Cash flows other operating | - | - | - | - | -380.93M |
| Cash and cash equivalents changes | - | - | - | - | -12.09M |
| Change in working capital | -218.97M | 6.62M | -185.22M | -514.62M | -307.89M |
| Stock based compensation | 14.42M | 14.13M | 10.32M | 15.05M | 8.72M |
| Other non cash items | 8.52M | -25.14M | 2.70M | 4.54M | 4.87M |
| Free cash flow | -436.36M | -320.75M | -621.76M | -666.19M | -356.07M |
Sector: Industrials Industry: Engineering & Construction
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| AMRC Ameresco Inc |
-0.19 0.88% |
21.48 | 32.62 | 23.81 | 0.73 | 1.32 | 1.71 | 13.90 |
| VCISF VINCI SA |
- -% |
127.60 | 14.66 | 12.94 | 1.06 | 2.37 | 1.40 | 8.24 |
| VCISY Vinci SA ADR |
0.35 1.11% |
31.87 | 14.51 | 12.97 | 1.07 | 2.38 | 1.40 | 8.26 |
| FIX Comfort Systems USA Inc |
15.52 0.94% |
1658.91 | 57.81 | 47.39 | 6.47 | 24.14 | 6.44 | 40.64 |
| FER Ferrovial SE |
0.45 0.81% |
55.83 | 56.50 | 38.76 | 3.96 | 5.93 | 4.13 | 19.50 |
Ameresco, Inc. engages in the provision of energy solutions in the United States, Canada, and Europe. The company operates through North America Regions, U.S. Federal, Renewable Fuels, Europe, and All Other segments. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. The company also 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, it offers renewable energy solutions and services, such as the development and 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 sells electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company provides photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services. It serves the federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.
| Name | Title | Year Born |
|---|---|---|
| Mr. George P. Sakellaris | Founder, Chairman, CEO & Pres | 1947 |
| Mr. Spencer Doran Hole | Exec. VP & CFO | 1969 |
| Mr. Michael T. Bakas | Exec. VP of Distributed Generation Systems | 1969 |
| Ms. Nicole Allen Bulgarino | Exec. VP & GM of Federal Solutions | 1973 |
| Ms. Britta I. MacIntosh P.E. | Sr. VP of Western Region & London Operations | 1968 |
| Mr. Peter Christakis CEM | Sr. VP of Construction & Operations | NA |
| Mr. Mark A. Chiplock | Sr. VP of Fin. & Chief Accounting Officer | 1970 |
| Mr. David J. Corrsin | Exec. VP, Gen. Counsel, Corp. Sec. & Director | 1959 |
| Ms. Leila Dillon | Sr. VP of Corp. Marketing & Communications | NA |
| Ms. Lenka Patten | Sr. VP & Chief HR Officer | NA |
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