Ameresco, Inc. (AMRC)
Industrials · NYQ
Price as at 30 Sept 2026, 15:58 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Ameresco, Inc. trades at $21.03, close to the $20.11 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 20 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 40.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
AMRC earnings and analyst estimates
Recommendation mix, 12 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Ameresco, Inc.
Ameresco, Inc. engages in the provision of energy solutions in the United States, Canada, and Europe. The company operates through North America Regions, U.S. Federal, Renewable Fuels, Europe, and All Other segments. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. The company also designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities; and projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting systems. In addition, it offers renewable energy solutions and services, such as the development and construction of small-scale plants that the company owns or develops for customers that produce electricity, gas, heat, or cooling from renewable sources of energy and O&M services; and sells electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company provides photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services. It serves the federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Jeremy Grantham, Grantham, Mayo, Van Otterloo & Co. LLC$56.05M · 0.1% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$41.05M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$34.73M · 0.0% of book
- First Eagle, First Eagle Investment Management, LLC$20.67M · 0.0% of book
- Paul Tudor Jones, TUDOR INVESTMENT CORP ET AL$3.94M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
AMRC peers
The largest companies in the same industry (Engineering & Construction), then in the same sector.
- FIX Comfort Systems USA, Inc.
- FER Ferrovial N.V.
- MTZ MasTec, Inc.
- DY Dycom Industries, Inc.
- LGN Legence Corp.
- SPIIY Spie SA
- AGX Argan, Inc.
- STN Stantec Inc.
Every industrials company we cover is on the Industrials hub.
Common questions
Is Ameresco, Inc. (AMRC) undervalued?
Against our fair value estimate of $20.11, AMRC at $21.03 is 4% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own AMRC?
7 of the institutions we track reported a position in AMRC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is AMRC's P/E ratio?
AMRC trades at 40.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its AMRC data?
Fundamentals for AMRC come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 15:58 UTC and is delayed. Our data quality score for this company is 92/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for AMRC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.