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Ameresco Inc(AMRC)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$23.75
09/18/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for AMRC

09/18/2026: AMRC (1-star) is currently NOT-A-BUY. Pass it for now.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Analysis of Past Performance

Type Stock
Historic Profit 50.22%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/18/2026

Upturn Scorecard

Upturn Star Rating

AMRC receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

AMRC has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and strong ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-22.0%), soft cash generation (FCF margin -22.6%), moderate revenue growth (+9.2%).

Financial Health Rating

AMRC's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 11.5%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

Revenue growth is AMRC's strongest growth driver at +9.2% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while earnings growth (-22.0%, negative) and free-cash-flow growth (-36.0%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 106.2% and approximately 91.4% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 8.98% supports management-shareholder alignment.

Top 5 Institutional Investors

Wellington Management Company LLP 6.36%
BlackRock Inc 4.63%
Grantham, Mayo, Van Otterloo & Co., LLC 4.20%
Dimensional Fund Advisors, Inc. 3.02%
Arnhold & S. Bleichroeder Advisers, LLC 2.82%

Unit Economics (Per $1K Revenue)

AMRC generates approximately $157 of gross profit, $67 of operating income, and $-226 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: -26.01% (Tax Credit)

Quantitative Style Profile

AMRC has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.26B USD
Price to earnings Ratio 44.72
1Y Target Price 42.7
Price to earnings Ratio 44.72
1Y Target Price 42.7
Volume (30-day avg) 711.4K shares
Beta 2.62
52 Weeks Range 18.38 - 44.93
Updated Date 09/18/2026
52 Weeks Range 18.38 - 44.93
Updated Date 09/18/2026
Dividends yield (FY) -
Basic EPS (TTM) 0.53

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 44.72
Forward PE 14.03
Enterprise Value 3.10B
Price to Sales(TTM) 0.62
Enterprise Value 3.10B
Price to Sales(TTM) 0.62
Enterprise Value to Revenue 1.53
Enterprise Value to EBITDA 11.89
Shares Outstanding 35.07M
Shares Floating 32.06M
Shares Outstanding 35.07M
Shares Floating 32.06M
Percent Insiders 8.98
Percent Institutions 106.19

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Ameresco Inc

Exchange NYSE
Headquarters Framingham, MA, United States
IPO Launch date 2010-07-22
Founder, CEO & Chairman Mr. George P. Sakellaris P.E.
Sector Industrials
Industry Engineering & Construction
Full time employees 1601
Full time employees 1601

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.