Ameresco Financial Statements
NYSE: AMRCConsumer DiscretionaryEngineering & ConstructionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ameresco revenue and earnings
In fiscal 2024, Ameresco generated $1.77 billion in revenue, up 28.8% from fiscal 2023. Net income was $56.8 million (-9.1% year over year), for a net margin of 3.2% versus a median of 5.2% in the prior 5 years. Gross margin was 14.5% (down from 17.9%) and operating margin 6.1%.
Diluted earnings per share came in at $1.07, down from $1.17. Over the last 5 fiscal years, AMRC's revenue has grown at a 15.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Ameresco income statement (annual)
| Fiscal year (USD) | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 | FY 20152015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.77B | 1.37B | 1.82B | 1.22B | 1.03B | 866.93M | 787.14M | 717.15M | 651.23M | 630.83M |
| Revenue growth (YoY) | +28.76% | -24.65% | +50.07% | +17.77% | +19.07% | +10.14% | +9.76% | +10.12% | +3.23% | +6.34% |
| Cost of Revenue | 1.51B | 1.13B | 1.53B | 985.34M | 844.73M | 698.82M | 613.53M | 572.99M | 516.88M | 513.77M |
| Gross Profit | 256.09M | 246.43M | 290.83M | 230.36M | 187.55M | 168.12M | 173.61M | 144.16M | 134.34M | 117.06M |
| Operating Expenses | 147.35M | 164.21M | 157.84M | 134.92M | 116.05M | 116.50M | 114.51M | 107.57M | 110.57M | 110.01M |
| Selling, General & Admin | 173.76M | 162.14M | 159.49M | 132.90M | 116.05M | 116.50M | 114.51M | — | — | — |
| Operating Income | 108.75M | 82.22M | 132.99M | 95.43M | 71.50M | 51.61M | 59.10M | 36.59M | 23.78M | 7.06M |
| Interest Expense | — | 26.92M | 17.77M | 14.60M | 13.44M | 13.17M | 15.34M | 9.08M | 7.08M | 5.25M |
| Other Income (Expense) | -74.81M | -43.95M | -27.27M | -17.29M | -15.07M | -15.06M | -16.71M | -7.87M | -7.41M | -6.76M |
| Pretax Income | 33.94M | 38.27M | 105.72M | 78.14M | 56.43M | 36.55M | 42.39M | 28.72M | 16.37M | 292.00K |
| Income Tax | -20.00M | -25.64M | 7.17M | -2.05M | -494.00K | -3.75M | 4.81M | -4.79M | 4.37M | 4.98M |
| Net Income | 56.76M | 62.47M | 94.93M | 70.46M | 54.05M | 44.44M | 37.98M | 37.49M | 12.03M | 844.00K |
| Net Income growth (YoY) | -9.15% | -34.19% | +34.73% | +30.35% | +21.64% | +16.99% | +1.31% | +211.59% | +1325.59% | -91.87% |
| EPS (Basic) | 1.08 | 1.20 | 1.83 | 1.38 | 1.13 | 0.95 | 0.83 | 0.82 | 0.26 | 0.02 |
| EPS (Diluted) | 1.07 | 1.17 | 1.78 | 1.35 | 1.10 | 0.93 | 0.81 | 0.82 | 0.26 | 0.02 |
| Shares Outstanding (Basic) | 52.38M | 52.14M | 51.84M | 50.85M | 47.70M | 46.59M | 45.73M | 45.51M | 46.41M | 46.49M |
| Shares Outstanding (Diluted) | 53.14M | 53.23M | 53.28M | 52.27M | 49.01M | 47.77M | 46.83M | 45.75M | 46.49M | 47.66M |
| EBITDA | 197.96M | 148.13M | 187.27M | 140.19M | 111.64M | 89.32M | 88.25M | 60.50M | 46.54M | 28.58M |
| Gross Margin | 14.47% | 17.93% | 15.94% | 18.95% | 18.17% | 19.39% | 22.06% | 20.10% | 20.63% | 18.56% |
| Operating Margin | 6.14% | 5.98% | 7.29% | 7.85% | 6.93% | 5.95% | 7.51% | 5.10% | 3.65% | 112.00% |
| Net Margin | 3.21% | 4.54% | 5.20% | 5.80% | 5.24% | 5.13% | 4.83% | 5.23% | 1.85% | 13.00% |
This table shows 10 annual periods of Ameresco's income statement, from FY 2024 back to FY 2015, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AMRC's reporting calendar. What is a income statement?