Ameresco, Inc. (AMRC) AI Stock Analysis

Ameresco, Inc. is a clean technology integrator delivering energy efficiency and renewable energy solutions across the United States, Canada, and globally. The company operates through segments including U.S. Regions, U.S. Federal, Canada, and Alternative Fuels. It designs, develops, and implements projects to reduce energy consumption, upgrading building systems like heating, ventilation, cooling, and lighting. Ameresco also develops, constructs, and operates small-scale renewable energy plants generating electricity, gas, heat, or cooling, alongside offering operations and maintenance services. Additionally, the company sells and installs photovoltaic solar systems, provides consulting services, and delivers enterprise energy management solutions.

Ameresco achieved a 5-year revenue compound annual growth rate of 13.4% from FY2020 to FY2025. Revenue rose from $1.22B in FY2021 to $1.82B in FY2022, declined 24.7% to $1.37B in FY2023, and rebounded to $1.77B in FY2024 and $1.93B in FY2025. Net income decreased from $70.5M in FY2021 to $44.3M in FY2025, with net margins contracting from 5.8% to 2.3%. Over the trailing twelve months, revenue reached $2.02B and operating margin stood at 8.5%. In the latest quarter ended June 30, 2026, quarterly revenue grew 9.1% year-over-year, while quarterly earnings declined 25.0%.

As of June 30, 2026, Ameresco held $138.3M in cash and short-term investments against $2.02B in total debt, resulting in net debt of $1.88B. The company reported total assets of $4.83B and shareholders' equity of $1.35B, reflecting a debt-to-equity ratio of 1.50 and a current ratio of 1.67. Free cash flow was -$436.4M in FY2025, driven by capital expenditures of $356.0M and operating cash flow of -$80.4M. Over five years, the share count grew by 1.5%.

At a last close of $19.50 on October 16, 2026, Ameresco holds a market cap of $1.03B and an enterprise value of $3.09B. The stock trades at a trailing P/E of 36.8x, above the 24.8x median of US-listed Industrials peers, while its forward P/E of 13.9x sits below the peer median of 17.2x. Its enterprise value-to-EBITDA ratio is 11.9x compared to the peer median of 13.9x. Over the past year, AMRC shares fell 54.2%, trailing the S&P 500 (SPY) return of 16.8%.

Wall Street analysts issue 7 Strong Buy, 1 Buy, and 4 Hold ratings on Ameresco, with no Sell or Strong Sell recommendations. The mean price target is $41.40, indicating upside of 112.3% from the last close of $19.50. For the current fiscal year ending December 31, 2026, consensus estimates anticipate revenue of $2.13B and EPS of $1.23, representing 36.4% earnings growth. Over the last four quarters, Ameresco beat EPS estimates 2 times. The company's next earnings date is November 9, 2026.

This page is an AI-written research summary of Ameresco, Inc. (AMRC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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