Ameresco, Inc. (AMRC) quarterly balance sheet — complete assets, liabilities & equity history
Ameresco, Inc. (AMRC) balance sheet — 18-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 1.68B | 1.55B | 1.55B | 1.42B | 1.28B | 1.26B | 1.3B | 1.08B | 1.24B | 1.04B | 1.13B | 1.01B | 921.87M | 942.04M | 1B | 1.08B | 1.05B | 833.04M | 638.59M | 486.02M |
| Cash & Short-Term Investments | 138.33M | 103.97M | 71.78M | 94.55M | 81.63M | 71.59M | 108.52M | 185.37M | 150.28M | 135.42M | 79.27M | 164.69M | 49M | 200.17M | 115.53M | 146.94M | 94.63M | 95.08M | 50.45M | 82.19M |
| Cash Only | 138.33M | 103.97M | 71.78M | 94.55M | 81.63M | 71.59M | 108.52M | 185.37M | 150.28M | 135.42M | 79.27M | 164.69M | 49M | 200.17M | 115.53M | 146.94M | 94.63M | 95.08M | 50.45M | 82.19M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 309.94M | 1.14B | 1.18B | 1.03B | 920.87M | 931.79M | 942.59M | 865.5M | 867.64M | 880.27M | 823.35M | 765.13M | 736.28M | 671.95M | 788.43M | 894.92M | 919.53M | 709.21M | 511.21M | 370.71M |
| Days Sales Outstanding | 128.07 | 260.51 | 175.45 | 170.87 | 178.49 | 239.06 | 156.14 | 159.17 | 181.58 | 259.76 | 165.55 | 206.07 | 195.9 | 242.46 | 233.43 | 189.14 | 128.35 | 115.86 | 97.55 | 120.63 |
| Inventory | 12.64M | 12.52M | 12.61M | 12.79M | 12.39M | 12.35M | 11.56M | 11.97M | 12.48M | 13.08M | 13.64M | 13.65M | 14.13M | 13.61M | 14.22M | 13.1M | 10.89M | 9.72M | 8.81M | 8.33M |
| Days Inventory Outstanding | 2.7 | 3.28 | 2.4 | 2.62 | 2.82 | 3.57 | 2.32 | 2.65 | 3.12 | 4.83 | 3.42 | 4.71 | 4.7 | 5.66 | 4.65 | 3.05 | 1.89 | 2.06 | 2.29 | 3.67 |
| Other Current Assets | 1.2B | 280.22M | 268.72M | 265.98M | 251.43M | 227.83M | 238.47M | 0 | 198.11M | 0 | 201.51M | 67.86M | 63.59M | 56.31M | 74.99M | 21.98M | 23.15M | 19.02M | 42.74M | 24.8M |
| Total Non-Current Assets | 3.15B | 3.09B | 2.98B | 3.01B | 3.01B | 2.91B | 2.86B | 2.91B | 2.73B | 2.76B | 2.59B | 2.45B | 2.12B | 2.03B | 1.88B | 1.96B | 1.84B | 1.7B | 1.59B | 1.48B |
| Property, Plant & Equipment | 2.32B | 2.24B | 2.17B | 2.2B | 2.13B | 2.04B | 2.01B | 1.98B | 1.9B | 1.88B | 1.77B | 1.73B | 1.47B | 1.33B | 1.24B | 1.09B | 1.02B | 960.55M | 911.63M | 877.73M |
| Fixed Asset Turnover | 0.23x | 0.18x | 0.27x | 0.24x | 0.23x | 0.17x | 0.27x | 0.26x | 0.23x | 0.16x | 0.25x | 0.21x | 0.23x | 0.21x | 0.29x | 0.42x | 0.58x | 0.51x | 0.46x | 0.32x |
| Goodwill | 68.88M | 68.99M | 69.3M | 69.25M | 69.44M | 68.34M | 66.31M | 75.92M | 75.25M | 75.31M | 75.59M | 77.34M | 77.85M | 77.81M | 70.63M | 70.12M | 70.83M | 71.33M | 71.16M | 58.63M |
| Intangible Assets | 6.3M | 6.87M | 7.46M | 8.11M | 8.74M | 9.17M | 8.81M | 5.39M | 5.64M | 6.2M | 6.81M | 7.35M | 8.14M | 8.67M | 4.69M | 5.09M | 5.53M | 5.97M | 6.96M | 687K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 604.66M | 0 | 606.3M | 22.68M | 564.15M | 16.9M | 568.13M | 16.06M | 759.53M | 701.29M | 631.25M | 10.13M | 511.53M |
| Other Non-Current Assets | 657.87M | 670.08M | 643.46M | 648.53M | 736.66M | 723.44M | 719.23M | 207.38M | 715.91M | 176.15M | 714.83M | 64.4M | 542.84M | 42.37M | 548.63M | 37.48M | 37.48M | 24.69M | 586.36M | 29.71M |
| Total Assets | 4.83B | 4.64B | 4.54B | 4.43B | 4.3B | 4.17B | 4.16B | 3.98B | 3.97B | 3.8B | 3.71B | 3.46B | 3.04B | 2.97B | 2.88B | 3.04B | 2.88B | 2.53B | 2.22B | 1.97B |
| Asset Turnover | 0.11x | 0.09x | 0.13x | 0.12x | 0.11x | 0.08x | 0.13x | 0.13x | 0.11x | 0.08x | 0.12x | 0.10x | 0.11x | 0.09x | 0.11x | 0.15x | 0.21x | 0.20x | 0.20x | 0.14x |
| Asset Growth % | 12.5% | 11.3% | 9.1% | 11.15% | 8.33% | 9.64% | 11.98% | 15.06% | 30.39% | 28.17% | 29.09% | 13.92% | 5.42% | 17.26% | 29.31% | 54.36% | 48.8% | 36.88% | 26.83% | 24.2% |
| Total Current Liabilities | 1B | 1.04B | 1.03B | 939.3M | 822.08M | 798.3M | 889.01M | 964.67M | 1.23B | 1.16B | 901.47M | 882.34M | 752.25M | 767.11M | 812.07M | 860.26M | 604.4M | 395.14M | 474.22M | 348.92M |
| Accounts Payable | 641.55M | 666.74M | 691.2M | 569.6M | 451.57M | 435.63M | 529.34M | 399.24M | 497.03M | 437.24M | 402.75M | 328.15M | 290.28M | 285.46M | 349.13M | 411.37M | 432.69M | 231.53M | 308.96M | 196.48M |
| Days Payables Outstanding | 140.34 | 177.12 | 119.18 | 106.36 | 101.19 | 144.31 | 91.69 | 97.3 | 114.02 | 152.02 | 91.56 | 104.78 | 97.59 | 129.16 | 129.5 | 107.33 | 60.92 | 59.96 | 67.47 | 83.46 |
| Short-Term Debt | 164.34M | 162.18M | 132.13M | 167.08M | 160.58M | 149.3M | 149.36M | 355.49M | 523.83M | 553.42M | 321.38M | 422.61M | 331.37M | 319.33M | 329.49M | 307.38M | 88.66M | 86.33M | 75.81M | 81.16M |
| Deferred Revenue (Current) | 75.54M | 85.4M | 79.91M | 87.3M | 96.45M | 91.22M | 91.73M | 108.02M | 97.49M | 61.27M | 0 | 36.88M | 0 | 39.33M | 0 | 43.17M | 39.79M | 31.73M | 0 | 28.02M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101.26M | 0 | 109.95M | 54.67M | 93.58M | 42.02M | 115.04M | 36.73M | 95.27M | 41.63M | 43.78M | 37.29M | 41.96M |
| Current Ratio | 1.67x | 1.49x | 1.51x | 1.51x | 1.56x | 1.57x | 1.46x | 1.11x | 1.01x | 0.89x | 1.25x | 1.15x | 1.23x | 1.23x | 1.23x | 1.25x | 1.73x | 2.11x | 1.35x | 1.39x |
| Quick Ratio | 1.66x | 1.48x | 1.50x | 1.50x | 1.54x | 1.56x | 1.45x | 1.10x | 1.00x | 0.88x | 1.24x | 1.13x | 1.21x | 1.21x | 1.22x | 1.24x | 1.72x | 2.08x | 1.33x | 1.37x |
| Cash Conversion Cycle | -9.57 | 86.67 | 58.67 | 67.14 | 80.12 | 98.33 | 66.78 | 64.53 | 70.68 | 112.58 | 77.41 | 105.99 | 103.01 | 118.96 | 108.57 | 84.85 | 69.32 | 57.96 | 32.36 | 40.83 |
| Total Non-Current Liabilities | 2.36B | 2.49B | 2.38B | 2.39B | 2.4B | 2.32B | 2.22B | 2.01B | 1.75B | 1.67B | 1.84B | 1.63B | 1.37B | 1.26B | 1.15B | 1.32B | 1.45B | 1.35B | 1B | 905.48M |
| Long-Term Debt | 1.79B | 1.82B | 1.75B | 1.72B | 1.66B | 1.57B | 1.48B | 1.3B | 1.08B | 998.71M | 1.7B | 1.01B | 1.24B | 617.78M | 1.04B | 496.53M | 683.16M | 643.72M | 904.49M | 303.98M |
| Capital Lease Obligations | 53.08M | 53.64M | 55.94M | 56.03M | 57.55M | 57.75M | 59.48M | 70.66M | 48.55M | 63.58M | 55.31M | 52.23M | 45.99M | 45.68M | 45.77M | 46.23M | 47.84M | 48.83M | 51.24M | 57.73M |
| Deferred Tax Liabilities | 1.03M | 3.49M | 2.94M | 2.77M | 2.18M | 2.12M | 2.22M | 2.6M | 4.37M | 4.58M | 0 | 4.13M | 0 | 2.87M | 0 | 10.54M | 8.86M | 6.06M | 0 | 5.06M |
| Other Non-Current Liabilities | 513.5M | 93.36M | 91M | 111.62M | 122.91M | 122.98M | 114.45M | 623.14M | 97.95M | 593.31M | 87.53M | 559.98M | 77.37M | 585.02M | 60.91M | 754.14M | 702.93M | 644.79M | 44.43M | 530.45M |
| Total Liabilities | 3.37B | 3.53B | 3.41B | 3.33B | 3.22B | 3.12B | 3.11B | 2.97B | 2.98B | 2.83B | 2.74B | 2.51B | 2.12B | 2.03B | 1.96B | 2.18B | 2.06B | 1.75B | 1.47B | 1.25B |
| Total Debt | 2.02B | 2.05B | 1.95B | 1.95B | 1.89B | 1.78B | 1.7B | 1.73B | 1.66B | 1.62B | 2.09B | 1.48B | 1.63B | 982.78M | 1.42B | 850.14M | 819.67M | 778.87M | 1.04B | 442.87M |
| Net Debt | 1.88B | 1.95B | 1.87B | 1.85B | 1.81B | 1.71B | 1.59B | 1.55B | 1.51B | 1.48B | 2.01B | 1.32B | 1.58B | 782.61M | 1.31B | 703.2M | 725.03M | 683.79M | 990.48M | 360.68M |
| Debt / Equity | 1.38x | 1.84x | 1.73x | 1.78x | 1.76x | 1.70x | 1.63x | 1.71x | 1.69x | 1.66x | 2.15x | 1.57x | 1.77x | 1.04x | 1.55x | 0.99x | 0.99x | 0.99x | 1.39x | 0.62x |
| Debt / EBITDA | 27.36x | 52.01x | 26.14x | 28.56x | 35.73x | 47.74x | 23.93x | 29.53x | 40.29x | 60.22x | 39.69x | 38.55x | 48.39x | 42.03x | 39.31x | 16.05x | 14.55x | 18.63x | 23.38x | 12.37x |
| Net Debt / EBITDA | 25.48x | 49.37x | 25.17x | 27.18x | 34.19x | 45.82x | 22.40x | 26.37x | 36.65x | 55.17x | 38.18x | 34.27x | 46.93x | 33.47x | 36.11x | 13.28x | 12.87x | 16.36x | 22.24x | 10.08x |
| Interest Coverage | 1.66x | 0.30x | 1.75x | 1.82x | 1.59x | 0.78x | 2.10x | 1.68x | 1.32x | 0.59x | 2.13x | 2.05x | 1.96x | 1.13x | 2.56x | 4.92x | 5.88x | 5.05x | 6.58x | 5.16x |
| Total Equity | 1.47B | 1.11B | 1.12B | 1.1B | 1.07B | 1.05B | 1.05B | 1.01B | 984.97M | 974.07M | 972.75M | 946.4M | 921.98M | 941.47M | 919.65M | 862.62M | 829.49M | 783.65M | 750.45M | 713.78M |
| Equity Growth % | 36.65% | 6.05% | 7.31% | 8.51% | 8.88% | 7.59% | 7.7% | 6.67% | 6.83% | 3.46% | 5.77% | 9.71% | 11.15% | 20.14% | 22.55% | 20.85% | 19.94% | 17.22% | 41.15% | 42.91% |
| Book Value per Share | 27.22 | 21.02 | 20.84 | 20.53 | 20.30 | 19.95 | 19.67 | 18.96 | 18.54 | 18.63 | 18.26 | 17.76 | 17.33 | 17.68 | 17.24 | 16.19 | 15.60 | 14.61 | 14.15 | 13.51 |
| Total Shareholders' Equity | 1.35B | 1.06B | 1.08B | 1.06B | 1.03B | 1.01B | 1.01B | 937.34M | 914.7M | 904.94M | 901.98M | 868.51M | 843.52M | 828.92M | 824.03M | 797.7M | 766.38M | 729.88M | 704.26M | 668.84M |
| Common Stock | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K |
| Retained Earnings | 688.13M | 678.41M | 696.74M | 678.39M | 659.89M | 647.05M | 652.56M | 615.5M | 597.93M | 592.95M | 595.91M | 562.2M | 540.96M | 534.62M | 533.55M | 515.64M | 488.28M | 456.09M | 438.73M | 410.55M |
| Treasury Stock | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M | -11.79M |
| Accumulated OCI | -4.77M | -2.32M | -460K | -1.07M | 240K | -4.93M | -5.87M | -2.8M | -3.8M | -3.59M | -3.04M | -3.73M | -2.88M | -4.64M | -4.05M | -5.65M | -4.35M | -3.89M | -6.67M | -7.44M |
| Minority Interest | 114.35M | 46.85M | 44.09M | 39.78M | 37.85M | 36.12M | 34.39M | 72.16M | 70.27M | 69.13M | 70.78M | 77.89M | 78.45M | 112.55M | 95.63M | 64.92M | 63.1M | 53.77M | 46.18M | 44.95M |