AMRC Ameresco, Inc. — QuoTrend

Analyst Ratings

Date	Action	Analyst	Rating	Target
May-19-26	Reiterated	Cantor Fitzgerald	Overweight	$41 → $45
May-05-26	Reiterated	Robert W. Baird		$44 → $36
Mar-11-26	Reiterated	Stifel Nicolaus		$37 → $38
Mar-03-26	Reiterated	Canaccord Genuity	Buy	$50
Jan-23-26	Initiated	Cantor Fitzgerald	Overweight	$41
Dec-03-25	Reiterated	UBS	Neutral	$23 → $40
Nov-14-25	Reiterated	Stifel Nicolaus		$18 → $37
Nov-04-25	Reiterated	Jefferies	Buy	$39 → $45
Nov-03-25	Reiterated	Roth Capital	Buy	$31 → $45
Oct-21-25	Reiterated	BNP Paribas		$40

Financial Statements

DataTimeframe

Line Item (USD, M)		TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023	FY 2022 12/31/2022	FY 2021 12/31/2021	FY 2020 12/31/2020	FY 2019 12/31/2019	FY 2018 12/31/2018
Total Revenue		1,980	1,932	1,770	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A		1,673	1,628	1,514
Gross Profit		307	304	256
Selling, General and Administrative Excl. Other		186	179	174
Research and Development		0	0	0
Other Operating Expense		-3	-4	-27
Operating Income		126	129	109
Interest Expense		93	88	72
Unusual Expense		—	—	—
Non-Operating Income (Expense)		1	-4	3
Net Income Before Taxes		32	45	34
Income Taxes		-16	-12	-20
Consolidated Net Income		32	44	57
Net Income From Continuing Operations		49	57	54
Net Income		32	44	57
EPS (Recurring)		0.59	0.84	1.08
EPS (Basic, Before Extraordinaries)		0.59	0.84	1.08
EPS (Diluted)		0.58	0.83	1.07
EBITDA		234	237	195
Other After Tax Adjustments		—	—	—
Stock Option Compensation Expense		—	—	—
Price To Earnings Ratio		49.38	35.29	—
Price To Sales Ratio		0.77	0.80	—
Gross Margin		15.51	15.73	14.46
Operating Margin		6.36	6.68	6.16
Net Margin		1.62	2.28	3.22
Shares Outstanding		53	53	52
Market Capitalization		1,518	1,552	—
Operating Lease Expense		—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
STAVROPOULOS NICKOLAS	Director	Jun 04 '26	Option Exercise	0.00	20,870	0	24,546	Jun 05 12:00 AM
Miller Jennifer L	Director	Jun 04 '26	Option Exercise	0.00	20,870	0	32,546	Jun 05 12:00 AM
WISNESKI FRANCIS V JR	Director	Jun 04 '26	Option Exercise	0.00	20,870	0	35,667	Jun 05 12:00 AM
Patton Charles R.	Director	Jun 04 '26	Option Exercise	0.00	20,870	0	23,824	Jun 05 12:00 AM
Sutton Joseph W.	Director	Jun 04 '26	Option Exercise	0.00	20,870	0	70,546	Jun 05 12:00 AM
Johnson Claire D'Oyly-Hughes	Director	Jun 04 '26	Option Exercise	0.00	20,870	0	20,546	Jun 05 12:00 AM
WISNESKI FRANCIS V JR	Director	May 29 '26	Sale	36.12	5,000	180,600	25,232	Jun 02 12:00 AM
WISNESKI FRANCIS V JR	Director	May 29 '26	Option Exercise	5.80	10,000	58,000	30,232	Jun 02 12:00 AM
WISNESKI FRANCIS V JR	Director	May 19 '26	Sale	30.29	10,000	302,900	25,232	May 21 12:00 AM
WISNESKI FRANCIS V JR	Director	May 19 '26	Option Exercise	5.80	20,000	116,000	35,232	May 21 12:00 AM
Miller Jennifer L	Director	May 18 '26	Sale	32.27	10,000	322,714	22,111	May 19 12:00 AM
Miller Jennifer L	Director	May 18 '26	Option Exercise	4.74	20,000	94,800	32,111	May 19 12:00 AM
STAVROPOULOS NICKOLAS	Director	May 15 '26	Option Exercise	16.33	2,710	44,254	15,466	May 19 12:00 AM
STAVROPOULOS NICKOLAS	Director	May 15 '26	Sale	34.00	1,355	46,070	14,111	May 19 12:00 AM
Sutton Joseph W.	Director	Apr 23 '26	Option Exercise	4.74	20,000	94,800	60,111	Apr 28 12:00 AM