Ameresco, Inc.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.77B | $1.37B | $1.82B | $1.22B | $1.03B | $866.9M | $787.1M | $717.2M |
| Cost of Revenue | $1.51B | $1.13B | $1.53B | $985.3M | $844.7M | $698.8M | $613.5M | $573.0M |
| Gross Profit | $256.1M | $246.4M | $290.8M | $230.4M | $187.5M | $168.1M | $173.6M | $144.2M |
| Gross Margin | 14.5% | 17.9% | 15.9% | 18.9% | 18.2% | 19.4% | 22.1% | 20.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $173.8M | $162.1M | $159.5M | $132.9M | $116.1M | $116.5M | $114.5M | $107.6M |
| Operating Income | $108.7M | $82.2M | $133.0M | $95.4M | $71.5M | $51.6M | $59.1M | $36.6M |
| Operating Margin | 6.1% | 6.0% | 7.3% | 7.9% | 6.9% | 6.0% | 7.5% | 5.1% |
| Interest Expense | — | $26.9M | $17.8M | $14.6M | $13.4M | $13.2M | $15.3M | $9.1M |
| Pretax Income | $33.9M | $38.3M | $105.7M | $78.1M | $56.4M | $36.6M | $42.4M | $28.7M |
| Income Tax Expense | $-20.0M | $-25.6M | $7.2M | $-2.0M | $-494.0K | $-3.7M | $4.8M | $-4.8M |
| Net Income | $56.8M | $62.5M | $94.9M | $70.5M | $54.1M | $44.4M | $38.0M | $37.5M |
| Net Margin | 3.2% | 4.5% | 5.2% | 5.8% | 5.2% | 5.1% | 4.8% | 5.2% |
| EPS (Basic) | $1.08 | $1.20 | $1.83 | $1.38 | $1.13 | $0.95 | $0.83 | $0.82 |
| EPS (Diluted) | $1.07 | $1.17 | $1.78 | $1.35 | $1.10 | $0.93 | $0.81 | $0.82 |
| Shares Outstanding (Basic) | 52.4M | 52.1M | 51.8M | 50.9M | 47.7M | 46.6M | 45.7M | 45.5M |
| Shares Outstanding (Diluted) | 53.1M | 53.2M | 53.3M | 52.3M | 49.0M | 47.8M | 46.8M | 45.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |