Snapshot

Income statement snapshot

Ameresco, Inc.'s top line, gross profit, operating income, and bottom-line conversion. Values in USD millions.

Revenue

+14.4%

$1.8B

Compound growth, FY2020 to FY2024

Gross profit

+8.1%

$256.1M

Compound growth, FY2020 to FY2024

Operating Income

+11.1%

$108.7M

Compound growth, FY2020 to FY2024

Net income

+1.2%

$56.8M

Compound growth, FY2020 to FY2024

Headline results

Four lines, five fiscal years, straight from the filings.

Revenue$1,770

Gross profit$256

Operating Income$109

Net income$57

Filing10-K

Ameresco, Inc. headline income statement
Metric	2024	2023	2022	2021	2020
Revenue	$1,770	$1,375	$1,824	$1,216	$1,032
Gross profit	$256	$246	$291	$230	$188
Operating Income	$109	$82	$133	$95	$71
Net income	$57	$62	$95	$70	$54
Filing	10-K	10-K	10-K	10-K	10-K

Trend

The same four lines drawn across the window.

All values shown in USD millions unless noted otherwise.

Line items

Expanded line items

The full annual income statement layer for Ameresco, Inc., from revenue down to share counts.

Statement basis

USD millions, except per-share and share-count rows.

Total revenue$1,770

Cost of revenue$1,514

Gross profit$256

Selling, general & administrative$174

Operating Income$109

Interest expenseN/A

Other non-operating income (expense)-$75

Pretax income$34

Income tax expense (benefit)-$20

Net income$57

Basic EPS$1.08

Diluted EPS$1.07

Basic average shares52.4M

Diluted average shares53.1M

Filing10-K

Ameresco, Inc. expanded income statement
Line item	2024	2023	2022	2021	2020
Total revenue	$1,770	$1,375	$1,824	$1,216	$1,032
Cost of revenue	$1,514	$1,128	$1,534	$985	$845
Gross profit	$256	$246	$291	$230	$188
Selling, general & administrative	$174	$162	$159	$133	$116
Operating Income	$109	$82	$133	$95	$71
Interest expense	N/A	$27	$18	$15	$13
Other non-operating income (expense)	-$75	-$44	-$27	-$17	-$15
Pretax income	$34	$38	$106	$78	N/A
Income tax expense (benefit)	-$20	-$26	$7	-$2	-$0
Net income	$57	$62	$95	$70	$54
Basic EPS	$1.08	$1.20	$1.83	$1.38	$1.13
Diluted EPS	$1.07	$1.17	$1.78	$1.35	$1.10
Basic average shares	52.4M	52.1M	51.8M	50.9M	47.7M
Diluted average shares	53.1M	53.2M	53.3M	52.3M	49.0M
Filing	10-K	10-K	10-K	10-K	10-K

Expanded annual statement lines sourced from the SEC EDGAR database for Ameresco, Inc..

Margins

Profitability conversion

How much of Ameresco, Inc.'s revenue survives through gross profit, operating income, and net income.

Gross margin

-370 bps

14.5%

FY2024, versus FY2020

Operating Margin

-78 bps

6.1%

FY2024, versus FY2020

Net income margin

-203 bps

3.2%

FY2024, versus FY2020

Observation window

years

FY2020 through FY2024

Margin table

Side-by-side read of gross, operating and net margin.

Gross margin14.5%

Operating Margin6.1%

Net income margin3.2%

Filing10-K

Margin trend

The shape of profitability across the window.

Margins are calculated from annual SEC facts using reported revenue as the denominator.

Year on year

Annual momentum

Every headline line of Ameresco, Inc.'s statement measured against the immediately prior period.

Revenue YoY

FY2023

+28.8%

FY2024 versus FY2023

Gross profit YoY

FY2023

+3.9%

FY2024 versus FY2023

Op. income YoY

FY2023

+32.3%

FY2024 versus FY2023

Net income YoY

FY2023

-9.1%

FY2024 versus FY2023

Year-on-year table

Contractions are tinted so slowdowns are obvious.

Revenue growth+28.8%

Gross profit growth+3.9%

Operating Income Growth+32.3%

Net income growth-9.1%

Filing10-K

Ameresco, Inc. year-on-year change
Metric	2024	2023	2022	2021	2020
Revenue growth	+28.8%	-24.7%	+50.1%	+17.8%	N/A
Gross profit growth	+3.9%	-15.3%	+26.3%	+22.8%	N/A
Operating Income Growth	+32.3%	-38.2%	+39.4%	+33.5%	N/A
Net income growth	-9.1%	-34.2%	+34.7%	+30.4%	N/A
Filing	10-K	10-K	10-K	10-K	10-K

Momentum

Whether the business is accelerating or rolling over.

Year-on-year change compares each annual period against the immediately prior year inside the selected window.

Compound growth

Through-cycle growth

Compounded annual growth from FY2020 to FY2024, which filters out one-year noise.

Revenue CAGR

4yr

+14.4%

FY2020 to FY2024

Gross profit CAGR

4yr

+8.1%

FY2020 to FY2024

Op. income CAGR

4yr

+11.1%

FY2020 to FY2024

Net income CAGR

4yr

+1.2%

FY2020 to FY2024

Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.

Snapshot

Income statement snapshot

Ameresco, Inc.'s top line, gross profit, operating income, and bottom-line conversion. Values in USD millions.

Revenue

+14.4%

$1.8B

Compound growth, FY2020 to FY2024

Gross profit

+8.1%

$256.1M

Compound growth, FY2020 to FY2024

Operating Income

+11.1%

$108.7M

Compound growth, FY2020 to FY2024

Net income

+1.2%

$56.8M

Compound growth, FY2020 to FY2024

Headline results

Four lines, five fiscal years, straight from the filings.

Revenue$1,770

Gross profit$256

Operating Income$109

Net income$57

Filing10-K

Ameresco, Inc. headline income statement
Metric	2024	2023	2022	2021	2020
Revenue	$1,770	$1,375	$1,824	$1,216	$1,032
Gross profit	$256	$246	$291	$230	$188
Operating Income	$109	$82	$133	$95	$71
Net income	$57	$62	$95	$70	$54
Filing	10-K	10-K	10-K	10-K	10-K

Trend

The same four lines drawn across the window.

All values shown in USD millions unless noted otherwise.

Line items

Expanded line items

The full annual income statement layer for Ameresco, Inc., from revenue down to share counts.

Statement basis

USD millions, except per-share and share-count rows.

Total revenue$1,770

Cost of revenue$1,514

Gross profit$256

Selling, general & administrative$174

Operating Income$109

Interest expenseN/A

Other non-operating income (expense)-$75

Pretax income$34

Income tax expense (benefit)-$20

Net income$57

Basic EPS$1.08

Diluted EPS$1.07

Basic average shares52.4M

Diluted average shares53.1M

Filing10-K

Ameresco, Inc. expanded income statement
Line item	2024	2023	2022	2021	2020
Total revenue	$1,770	$1,375	$1,824	$1,216	$1,032
Cost of revenue	$1,514	$1,128	$1,534	$985	$845
Gross profit	$256	$246	$291	$230	$188
Selling, general & administrative	$174	$162	$159	$133	$116
Operating Income	$109	$82	$133	$95	$71
Interest expense	N/A	$27	$18	$15	$13
Other non-operating income (expense)	-$75	-$44	-$27	-$17	-$15
Pretax income	$34	$38	$106	$78	N/A
Income tax expense (benefit)	-$20	-$26	$7	-$2	-$0
Net income	$57	$62	$95	$70	$54
Basic EPS	$1.08	$1.20	$1.83	$1.38	$1.13
Diluted EPS	$1.07	$1.17	$1.78	$1.35	$1.10
Basic average shares	52.4M	52.1M	51.8M	50.9M	47.7M
Diluted average shares	53.1M	53.2M	53.3M	52.3M	49.0M
Filing	10-K	10-K	10-K	10-K	10-K

Expanded annual statement lines sourced from the SEC EDGAR database for Ameresco, Inc..

Margins

Profitability conversion

How much of Ameresco, Inc.'s revenue survives through gross profit, operating income, and net income.

Gross margin

-370 bps

14.5%

FY2024, versus FY2020

Operating Margin

-78 bps

6.1%

FY2024, versus FY2020

Net income margin

-203 bps

3.2%

FY2024, versus FY2020

Observation window

years

FY2020 through FY2024

Margin table

Side-by-side read of gross, operating and net margin.

Gross margin14.5%

Operating Margin6.1%

Net income margin3.2%

Filing10-K

Margin trend

The shape of profitability across the window.

Margins are calculated from annual SEC facts using reported revenue as the denominator.

Year on year

Annual momentum

Every headline line of Ameresco, Inc.'s statement measured against the immediately prior period.

Revenue YoY

FY2023

+28.8%

FY2024 versus FY2023

Gross profit YoY

FY2023

+3.9%

FY2024 versus FY2023

Op. income YoY

FY2023

+32.3%

FY2024 versus FY2023

Net income YoY

FY2023

-9.1%

FY2024 versus FY2023

Year-on-year table

Contractions are tinted so slowdowns are obvious.

Revenue growth+28.8%

Gross profit growth+3.9%

Operating Income Growth+32.3%

Net income growth-9.1%

Filing10-K

Ameresco, Inc. year-on-year change
Metric	2024	2023	2022	2021	2020
Revenue growth	+28.8%	-24.7%	+50.1%	+17.8%	N/A
Gross profit growth	+3.9%	-15.3%	+26.3%	+22.8%	N/A
Operating Income Growth	+32.3%	-38.2%	+39.4%	+33.5%	N/A
Net income growth	-9.1%	-34.2%	+34.7%	+30.4%	N/A
Filing	10-K	10-K	10-K	10-K	10-K

Momentum

Whether the business is accelerating or rolling over.

Year-on-year change compares each annual period against the immediately prior year inside the selected window.

Compound growth

Through-cycle growth

Compounded annual growth from FY2020 to FY2024, which filters out one-year noise.

Revenue CAGR

4yr

+14.4%

FY2020 to FY2024

Gross profit CAGR

4yr

+8.1%

FY2020 to FY2024

Op. income CAGR

4yr

+11.1%

FY2020 to FY2024

Net income CAGR

4yr

+1.2%

FY2020 to FY2024

Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.

Commentary

Commentary on Ameresco, Inc. performance

A written read of the filing-backed figures above. The statement itself remains the source of truth.

AI commentary is not available for this company yet. The filing-backed income statement above remains available.

Ameresco, Inc.

AMRC Income Statement

Ameresco, Inc.

AMRC Income Statement

Income statement snapshot

Expanded line items

Profitability conversion

Annual momentum

Through-cycle growth

Income statement snapshot

Expanded line items

Profitability conversion

Annual momentum

Through-cycle growth

Commentary on Ameresco, Inc. performance

Commentary on Ameresco, Inc. performance