📊 AMRC Key Takeaways
Is Ameresco, Inc. (AMRC) a Good Investment?
Ameresco exhibits exceptional revenue growth (+2622% YoY) suggesting major contract wins or acquisitions, but fundamental profitability is severely impaired with negative net income and critically inadequate interest coverage (0.4x). While positive operating cash flow provides near-term relief, the company cannot service $1.8B debt from operations, creating refinancing risk and indicating execution challenges despite massive top-line growth.
Ameresco shows solid scale and positive operating profitability, with acceptable near-term liquidity and a sizable revenue base. However, earnings quality looks mixed because net income growth is essentially flat, margins remain thin, leverage is elevated, and operating/free cash flow are negative. The very large reported revenue growth also appears low-quality until it is confirmed by sustained margin expansion and cash conversion.
Why Buy Ameresco, Inc. Stock? AMRC Key Strengths
- Exceptional revenue growth of +2622% YoY indicates significant business expansion and market traction
- Positive operating and free cash flow of $35.4M and $34.9M respectively despite net losses, suggesting underlying business viability
- Adequate short-term liquidity with current ratio of 1.49x and quick ratio of 1.48x
- Positive gross profit and operating income indicate the core business is profitable at the operating level
- Current and quick ratios around 1.5x suggest near-term liquidity is adequate
- Large reported revenue increase indicates strong top-line momentum, if sustainable
AMRC Stock Risks: Ameresco, Inc. Investment Risks
- Interest coverage ratio of 0.4x is critically inadequate; operating income cannot service debt obligations, creating refinancing risk
- Negative net income of -$18.3M and net margin of -4.6% despite massive revenue growth indicates profitability issues from acquisitions or contract integration challenges
- High leverage with debt-to-equity of 1.71x and $1.8B long-term debt relative to $1.1B stockholders equity limits financial flexibility and increases financial distress risk
- Negative operating cash flow and free cash flow indicate weak cash conversion despite reported profits
- High debt-to-equity and only moderate interest coverage create balance-sheet risk
- Net margin, ROE, and ROA are low, showing limited profitability relative to sales and capital employed
Key Metrics to Watch
- Interest coverage ratio - must improve to above 1.0x to demonstrate debt serviceability from operations
- Net profit margin trajectory - need evidence of profitability inflection as revenue growth stabilizes
- Operating cash flow sustainability - verify positive FCF continues and doesn't deteriorate with revenue normalization
- Operating cash flow and free cash flow trend
- Interest coverage and debt-to-equity trend
Ameresco, Inc. (AMRC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Ameresco, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
AMRC Profit Margin, ROE & Profitability Analysis
AMRC vs Industrial Sector: How Ameresco, Inc. Compares
How Ameresco, Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Ameresco, Inc. Stock Overvalued? AMRC Valuation Analysis 2026
Based on fundamental analysis, Ameresco, Inc. shows some fundamental concerns relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Ameresco, Inc. Balance Sheet: AMRC Debt, Cash & Liquidity
AMRC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Ameresco, Inc.'s revenue has grown significantly by 77% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.78 reflects profitable operations.
AMRC Revenue Growth, EPS Growth & YoY Performance
AMRC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $352.8M | -$5.5M | $-0.10 |
| Q3 2025 | $500.9M | $17.6M | $0.33 |
| Q2 2025 | $438.0M | $2.1M | $0.04 |
| Q1 2025 | $298.4M | -$2.9M | $-0.06 |
| Q3 2024 | $335.1M | $17.6M | $0.33 |
| Q2 2024 | $327.1M | $2.1M | $0.04 |
| Q1 2024 | $271.0M | $1.1M | $0.02 |
| Q3 2023 | $335.1M | $21.3M | $0.40 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Ameresco, Inc. Dividends, Buybacks & Capital Allocation
AMRC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Ameresco, Inc. (CIK: 0001488139)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AMRC
What is the AI rating for AMRC?
Ameresco, Inc. (AMRC) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are AMRC's key strengths?
Claude: Exceptional revenue growth of +2622% YoY indicates significant business expansion and market traction. Positive operating and free cash flow of $35.4M and $34.9M respectively despite net losses, suggesting underlying business viability. ChatGPT: Positive gross profit and operating income indicate the core business is profitable at the operating level. Current and quick ratios around 1.5x suggest near-term liquidity is adequate.
What are the risks of investing in AMRC?
Claude: Interest coverage ratio of 0.4x is critically inadequate; operating income cannot service debt obligations, creating refinancing risk. Negative net income of -$18.3M and net margin of -4.6% despite massive revenue growth indicates profitability issues from acquisitions or contract integration challenges. ChatGPT: Negative operating cash flow and free cash flow indicate weak cash conversion despite reported profits. High debt-to-equity and only moderate interest coverage create balance-sheet risk.
What is AMRC's revenue and growth?
Ameresco, Inc. reported revenue of $401.5M.
Does AMRC pay dividends?
Ameresco, Inc. does not currently pay dividends.
Where can I find AMRC SEC filings?
Official SEC filings for Ameresco, Inc. (CIK: 0001488139) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AMRC's EPS?
Ameresco, Inc. has a diluted EPS of $-0.35.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is AMRC a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Ameresco, Inc. has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is AMRC stock overvalued or undervalued?
Valuation metrics for AMRC: ROE of -1.7% (sector avg: 15%), net margin of -4.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy AMRC stock in 2026?
Our dual AI analysis gives Ameresco, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is AMRC's free cash flow?
Ameresco, Inc.'s operating cash flow is $35.4M, with capital expenditures of $542.0K. FCF margin is 8.7%.
How does AMRC compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -4.6% (avg: 10%), ROE -1.7% (avg: 15%), current ratio 1.49 (avg: 1.8).
Is Ameresco, Inc. carrying too much debt?
AMRC has a debt-to-equity ratio of 1.71x, which is above the Industrial sector average of 0.7x. However, the current ratio of 1.49 suggests adequate short-term liquidity.