Ameresco, Inc. (AMRC) financial statements (2021 and earlier)

Company profile

Business Address 111 SPEEN STREET
FRAMINGHAM, MA 01701
State of Incorp. DE
Fiscal Year End December 31
SIC 17 - Construction Special Trade Contractors (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments66336124212224
Cash and cash equivalents66336124212224
Restricted cash and investments22201716121613
Receivables30      
Inventory, net of allowances, customer advances and progress billings998812139
Inventory998812139
Prepaid expense2729121412129
Contract with customer, asset18620287
Capitalized contract cost1613 
Other undisclosed current assets135118127225169201173
Total current assets:491425311287226264227
Noncurrent Assets
Finance lease, right-of-use asset3436
Operating lease, right-of-use asset3933
Property, plant and equipment9 75557
Long-term investments and receivables39723129424915812679
Accounts and financing receivable, after allowance for credit loss39723129424915812679
Intangible assets, net (including goodwill)60606059626672
Goodwill59585856585960
Intangible assets, net (excluding goodwill)12224711
Restricted cash and investments10242020201411
Deferred costs     54
Other noncurrent assets15362928261823
Other undisclosed noncurrent assets695529440336300231207
Total noncurrent assets:1,260949851697571465403
TOTAL ASSETS:1,7501,3741,162984797729630
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities274234171160150138116
Accounts payable23120213413612711588
Accrued liabilities42313623232227
Taxes payable1011111
Deferred revenue3427
Debt74702722191312
Asset retirement obligation0      
Billings in excess of cost20212918
Contract with customer, liability24
Other undisclosed current liabilities26     
Total current liabilities:383337223202191180146
Noncurrent Liabilities
Long-term debt and lease obligation, including:31226621917314110690
Long-term debt, excluding current maturities 26621917314110690
Finance lease, liability1924
Operating lease, liability3529
Other undisclosed long-term debt and lease obligation257(53)     
Liabilities, other than long-term debt482282328262165153107
Deferred revenue and credits7889
Accounts payable and accrued liabilities44024528823513312271
Deferred revenue 7
Contract with customer, liability6
Asset retirement obligations2      
Deferred tax liabilities, net41947
Deferred income tax liabilities20
Other liabilities38302919151920
Other undisclosed noncurrent liabilities42290    
Total noncurrent liabilities:835577547435306259197
Total liabilities:1,219914770637496439343
Temporary equity, carrying amount3932151070 
Stockholders' equity
Stockholders' equity attributable to parent, including:493429377337294290286
Treasury stock, value(12)(12)(12)(10)(6)  
Additional paid in capital145134125116113110107
Accumulated other comprehensive loss(9)(8)(6)(6)(7)(5)(3)
Retained earnings368314270236194184181
Other undisclosed stockholders' equity attributable to parent00   0 
Stockholders' equity attributable to noncontrolling interest      (0)
Other undisclosed stockholders' equity  000 0
Total stockholders' equity:493429377337294290286
TOTAL LIABILITIES AND EQUITY:1,7501,3741,162984797729630

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,032867787717651631593
Revenue, net717651631593
Cost of revenue
(Cost of Goods and Services Sold)
(845)(699)(614)(573)(517)(514)(476)
Gross profit:188168174144134117117
Operating expenses(116)(117)(115)(108)(111)(110)(111)
Other undisclosed operating income      7
Operating income:7152593724713
Nonoperating expense(15)(15)(17)(8)(7)(7)(7)
Investment income, nonoperating1100001
Foreign currency transaction gain (loss), before tax0(0)(2)1   
Interest and debt expense(13)(13)(15)(9)(7)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes1313159711
Income from continuing operations before equity method investments, income taxes:563742291606
Loss from equity method investments(0)      
Income from continuing operations before income taxes:563742291606
Income tax expense (benefit)04(5)5(4)(3)4
Income (loss) before gain (loss) on sale of properties:5740383412(3)10
Other undisclosed net income0   06 
Net income:5740383412310
Net income (loss) attributable to noncontrolling interest(3)40406 
Other undisclosed net loss attributable to parent    (0)(11) 
Net income (loss) attributable to parent:5444383712(3)10
Other undisclosed net income (loss) available to common stockholders, basic(0)   06 
Net income available to common stockholders, diluted:5444383712310

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:5740383412310
Other comprehensive income (loss)(2)(2)(0)1(1)(3)(6)
Other undisclosed comprehensive income   4   
Comprehensive income:553937381105
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(3)40406 
Other undisclosed comprehensive loss, net of tax, attributable to parent   (8)(0)(11) 
Comprehensive income (loss), net of tax, attributable to parent:5243383411(5)5

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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