Ameresco, Inc. (AMRC)
NYSE: AMRC · Real-Time Price · USD
21.99
-0.92 (-4.02%)
Aug 28, 2026, 4:00 PM EDT - Market closed
Ameresco Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 28.34 | 44.28 | 56.76 | 62.47 | 94.93 | 70.46 |
Depreciation & Amortization | 114.99 | 104.7 | 89.54 | 66.17 | 54.42 | 46.7 |
Other Amortization | 7.04 | 6.19 | 5.15 | 4.2 | 4.21 | 2.85 |
Loss (Gain) From Sale of Assets | 1.34 | - | -38.01 | - | - | - |
Asset Writedown & Restructuring Costs | 2.56 | 2.22 | 12.82 | 3.93 | 0.94 | 1.9 |
Loss (Gain) From Sale of Investments | - | - | - | - | - | -0.58 |
Loss (Gain) on Equity Investments | -0.4 | -0.32 | -0.79 | -1.76 | -1.65 | 0.12 |
Stock-Based Compensation | 15.38 | 14.42 | 14.13 | 10.32 | 15.05 | 8.72 |
Provision & Write-off of Bad Debts | 0.22 | 0.22 | 1.34 | 0.36 | -0.38 | 0.19 |
Other Operating Activities | -15.68 | -33.11 | -29.96 | -30.46 | 8.82 | 5.36 |
Change in Accounts Receivable | -299.11 | -187.1 | -56.26 | 43.77 | -264.44 | -142.03 |
Change in Inventory | 0.15 | -1.05 | 2.08 | 0.58 | -5.41 | -0.23 |
Change in Accounts Payable | 187.5 | 132.49 | 143.78 | 53.24 | 36.16 | 83.47 |
Change in Unearned Revenue | -14.76 | -6.43 | 50.74 | 26.2 | 0.45 | -0.69 |
Change in Income Taxes | -2.29 | 2.63 | 3.68 | 1.31 | -1.61 | 4.39 |
Change in Other Net Operating Assets | -122.27 | -159.51 | -137.4 | -310.33 | -279.77 | -252.92 |
Operating Cash Flow | -97 | -80.36 | 117.6 | -69.99 | -338.29 | -172.3 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -367.74 | -356 | -438.35 | -551.77 | -327.9 | -183.78 |
Cash Acquisitions | -0.62 | -4.6 | - | -9.18 | - | -14.93 |
Divestitures | - | - | 54.25 | - | - | - |
Sale (Purchase) of Real Estate | - | - | -4.27 | - | - | - |
Investment in Securities | -3.91 | -27.82 | -11.76 | -5.43 | - | -7.33 |
Other Investing Activities | 82 | 132.37 | 13.49 | -0.57 | -0.46 | 0.77 |
Investing Cash Flow | -290.28 | -256.04 | -386.64 | -566.94 | -328.36 | -205.26 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 767.28 | 908.31 | 997.84 | 844.74 | 345.21 |
Long-Term Debt Repaid | - | -435.53 | -618.26 | -346.06 | -161.86 | -106.27 |
Net Debt Issued (Repaid) | 231 | 331.75 | 290.05 | 651.78 | 682.88 | 238.94 |
Issuance of Common Stock | 3.11 | 2.91 | 2.76 | 4.46 | 5.96 | 127.01 |
Other Financing Activities | 214.28 | -11.56 | 21.14 | -15.43 | 41.39 | -0.49 |
Financing Cash Flow | 448.38 | 323.1 | 313.94 | 640.8 | 730.23 | 365.46 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -2.53 | 1.44 | -0.2 | -0.08 | -0.75 | 0.31 |
Net Cash Flow | 58.58 | -11.86 | 44.7 | 3.79 | 62.83 | -11.78 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -464.73 | -436.36 | -320.75 | -621.76 | -666.19 | -356.07 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -22.96% | -22.58% | -18.12% | -45.23% | -36.52% | -29.29% |
Free Cash Flow Per Share | -8.72 | -8.19 | -6.04 | -11.68 | -12.50 | -6.81 |
Levered Free Cash Flow | -371.46 | -335.94 | -300.42 | -516.26 | -401.14 | -158.5 |
Unlevered Free Cash Flow | -317.01 | -286.82 | -263.09 | -494.87 | -387.27 | -149.91 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 121.22 | 107.64 | 110.39 | 80.25 | 32.95 | 18.78 |
Cash Income Tax Paid | 6.15 | 4.8 | 4.46 | 3.83 | 7.28 | 2.67 |
Change in Working Capital | -250.78 | -218.97 | 6.62 | -185.22 | -514.62 | -308.01 |