Ameresco, Inc.

Ameresco, Inc.

AMRCยทNYSE

$33.33

-3.7%
IndustrialsEngineering & Construction

Ameresco, 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.

At a Glance

Live Snapshot
Market Cap$1.76B
EPS0.8400
P/E Ratio39.68
Earnings Date08/03/2026
3Y-76.0%
5Y-22.0%
10Y+38.0%
3Y-23.0%
5Y+39.0%
10Y+216.0%
3Y-56.0%
5Y+4.0%
10Y+132.0%
AMRC

Ameresco, Inc. Cash Conversion Engine

AMRC ยท NYSE
Net Income44.28M
Depreciation & Amortization104.27M
Stock-Based Compensation0.00
Change in Working Capital-218.97M
Others8.52M
Capital Expenditures-356.00M
Free Cash Flow-436.36M

Cash Flow Quality Analysis

FCF Conversion Rate

-985.4%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

-443.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-36.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$218.97M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

Ameresco, Inc. Cash Flow Statement

AMRC โ€ข NYSE

Ameresco, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008
OPERATING ACTIVITIES
44.3M
56.8M
63.9M
98.5M
80.2M
56.9M
40.3M
37.6M
33.5M
12M
-2.6M
10.4M
2.4M
18.4M
34.7M
28.7M
19.9M
18.3M
104.3M
89.5M
65.9M
54.3M
46.6M
42M
39.4M
30.5M
25.5M
24.8M
24.3M
22.8M
20.5M
19.3M
14M
11.4M
6.6M
3.8M
-18.5M
-24.3M
-27.6M
3.9M
-4.8M
3.4M
-3.3M
5.5M
-4.5M
2.9M
2M
-2.7M
-15.3M
-3.8M
19.8M
-254K
3.4M
-2.1M
0.0
14.1M
10.3M
15M
8.7M
1.9M
1.6M
1.3M
1.3M
1.5M
1.8M
2.5M
2.8M
3.4M
2.9M
2.5M
3.2M
2.9M
8.5M
-25.1M
2.7M
4.5M
5M
5M
-1.2M
4.8M
-83K
6.1M
7M
1.2M
-6.8M
659.5K
-2.2M
927.4K
-2.1M
1.8M
(0.0)
(4.5M)
(3.8M)
(7.3M)
(2.7M)
(1.5M)
(3.9M)
(2.3M)
(5.8M)
(3.5M)
(1.4M)
(3.1M)
(3.8M)
(1.6M)
(7.6M)
(5.2M)
(2.1M)
(5.3M)
-219M
6.6M
-185.2M
-514.6M
-308M
-211.9M
-273.1M
-132.9M
-192.2M
-105.3M
-82M
-33.9M
-64.2M
49.7M
-39.1M
-22.5M
14.3M
-23.4M
-80.4M
117.6M
-70M
-338.3M
-172.3M
-102.6M
-196.3M
-53.2M
-136.6M
-58.1M
-49.5M
254K
-60.6M
87.5M
30.1M
20.8M
45.3M
1.3M
INVESTING ACTIVITIES
-356M
-438.3M
-551.8M
-327.9M
-183.8M
-182.8M
-140.6M
-129.6M
-89.1M
-76M
-52.7M
-28.4M
-54M
-52.3M
-51.9M
-39.6M
-21.6M
-43M
(128K)
(55.6M)
-14.6M
(0.0)
-22.3M
-132K
-1.6M
-3.6M
(368K)
-3.6M
(6.8M)
-13.9M
-9.8M
-4M
-66.2M
-6.3M
-674.1K
(0.0)
-27.8M
-11.8M
(0.0)
(0.0)
(0.0)
(0.0)
-301K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
13.1M
0.0
0.0
0.0
0.0
135.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
132.4M
-5.2M
-565K
-459K
774K
1.9M
-135.2M
-125.7M
-86.3M
-73.2M
854K
3.7M
33.9M
7.3M
12.5M
-43.3B
0.0
0.0
-251.3M
-386.6M
-566.9M
-328.4M
-205.3M
-181M
-142.2M
-133.2M
-88.7M
-79.6M
-51.8M
-38.6M
-29.9M
-49M
-105.6M
-45.9M
-22.3M
-43M
FINANCING ACTIVITIES
2.9M
2.8M
0.0
0.0
120.1M
-6K
-144K
-1.8M
-3.4M
-6.4M
0.0
0.0
0.0
3.5M
6.4M
-769K
-874.9K
-4.9M
221.1M
125.3M
497.4M
444.5M
79.7M
45.4M
88.8M
56M
58.1M
44.9M
24.2M
37.8M
34.8M
15.5M
57.3M
-33.1M
7.2M
38.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-6K
-144K
-1.8M
-3.4M
-6.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-769K
-874.9K
-4.9M
94.4M
185.9M
143.4M
285.7M
165.7M
259.7M
228.8M
170.4M
175.6M
98.8M
76.5M
5M
8.4M
-20.8M
133.2M
54.4M
-2.2M
-3.3M
318.4M
313.9M
640.8M
730.2M
365.5M
305.2M
317.4M
224.5M
228.8M
137.3M
100.7M
42.8M
43.2M
-1.8M
58.1M
20.5M
4.1M
22.2M
CASH FLOW SUMMARY
-624K
-203K
-81K
-747K
309K
2K
447K
-295K
168K
-650K
-1.5M
2.2M
1.2M
327.8K
-1M
1.3M
2.7M
-3.3M
-13.9M
44.7M
3.8M
62.8M
-11.8M
21.6M
-20.7M
37.8M
3.7M
-1M
-2.1M
6.6M
-46.2M
37.1M
-18.4M
-3.2M
29.8M
-22.7M
178.2M
153.7M
149.9M
87.1M
98.8M
77.3M
97.9M
60.1M
20.6M
21.6M
23.8M
17.2M
63.3M
26.3M
44.7M
47.9M
18.1M
40.9M
164.3M
198.4M
153.7M
149.9M
87.1M
98.8M
77.3M
97.9M
24.3M
20.6M
21.6M
23.8M
17.2M
63.3M
26.3M
44.7M
47.9M
18.1M
-436.4M
-320.7M
-621.8M
-666.2M
-356.1M
-285.3M
-336.9M
-182.8M
-225.7M
-134.1M
-102.2M
-28.2M
-114.6M
35.3M
-21.8M
-18.8M
23.7M
-41.7M

SEC Filings

AMRC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

May 08, 2026
May 04, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 23, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 31, 2026
March 30, 2026
2026
10-K

10-K 2025 FY

FY

March 03, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 03, 2025
November 03, 2025
2025
Showing 1 to 10 of 216 filings