Ameresco, Inc.
Financial highlights
| Metric | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 | FY 12/31/20 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.8B | $1.4B | $1.8B | $1.2B | $1.0B |
| Cost of revenue | $1.5B | $1.1B | $1.5B | $985.3M | $844.7M |
| Gross profit | $256.1M | $246.4M | $290.8M | $230.4M | $187.5M |
| Selling, general & administrative | $173.8M | $162.1M | $159.5M | $132.9M | $116.0M |
| Operating income | $108.7M | $82.2M | $133.0M | $95.4M | $71.5M |
| Interest expense | — | $26.9M | $17.8M | $14.6M | $13.4M |
| Pretax income | $33.9M | $38.3M | $105.7M | $78.1M | $56.4M |
| Income tax expense | -$20.0M | -$25.6M | $7.2M | -$2.0M | -$494,000 |
| Net income | $56.8M | $62.5M | $94.9M | $70.5M | $54.1M |
| Balance Sheet | |||||
| Cash and equivalents | $108.5M | $79.3M | $115.5M | $50.5M | $66.4M |
| Current assets | $1.3B | $1.1B | $1.0B | $638.6M | $490.7M |
| Total assets | $4.2B | $3.7B | $2.9B | $2.2B | $1.8B |
| Current liabilities | $889.0M | $901.5M | $812.1M | $474.2M | $383.1M |
| Stockholders' equity | $1.0B | $902.0M | $824.0M | $704.3M | $492.8M |
| Cash Flow Statement | |||||
| Cash from operations | $117.6M | -$70.0M | -$338.3M | -$172.3M | -$102.6M |
| Depreciation and amortization | $89.2M | $65.9M | $54.3M | $44.8M | $40.1M |
| Stock-based compensation | $14.1M | $10.3M | $15.0M | $8.7M | $1.9M |
| Capital expenditure | $4.3M | $5.7M | $5.3M | $4.9M | $2.2M |
| Free cash flow | $113.3M | -$75.7M | -$343.6M | -$177.2M | -$104.8M |
| Share repurchases | — | — | $0 | $0 | $6,000 |
| Impairments | $12.4M | $3.8M | $0 | $1.9M | $0 |
Shares outstanding 53.0M · Free float 59.8%
Annual filing data through FY ended December 31, 2024; float as of July 13, 2026.