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Ameresco (Ameresco) Gross Profit

: $246 Mil (TTM As of Dec. 2023)
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Ameresco's gross profit for the three months ended in Dec. 2023 was $74 Mil. Ameresco's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $246 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ameresco's gross profit for the three months ended in Dec. 2023 was $74 Mil. Ameresco's Revenue for the three months ended in Dec. 2023 was $441 Mil. Therefore, Ameresco's Gross Margin % for the quarter that ended in Dec. 2023 was 16.81%.

Ameresco had a gross margin of 16.81% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Ameresco was 22.06%. The lowest was 15.94%. And the median was 19.17%.

Warning Sign:

Ameresco Inc gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


Ameresco Gross Profit Historical Data

The historical data trend for Ameresco's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ameresco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 168.12 187.55 230.36 290.83 246.43

Ameresco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.60 49.95 58.65 63.66 74.18

Competitive Comparison

For the Engineering & Construction subindustry, Ameresco's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ameresco Gross Profit Distribution

For the Construction industry and Industrials sector, Ameresco's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ameresco's Gross Profit falls into.



Ameresco Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ameresco's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1374.633 - 1128.204
=246

Ameresco's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=441.368 - 367.192
=74

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $246 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ameresco's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=74 / 441.368
=16.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Ameresco  (NYSE:AMRC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ameresco had a gross margin of 16.81% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Ameresco Gross Profit Related Terms

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Ameresco (Ameresco) Business Description

Traded in Other Exchanges
Address
111 Speen Street, Suite 410, Framingham, MA, USA, 01701
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operation and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
Executives
George P Sakellaris director, 10 percent owner, officer: President and CEO 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Nicole E Bulgarino officer: Senior Vice President C/O AMERESCO, INC., 111 SPEEN ST, SUITE 410, FRAMINGHAM MA 01701
Spencer Doran Hole officer: SVP and CFO C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Peter Christakis officer: Executive Vice President C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Britta Macintosh officer: Senior Vice President 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Louis P Maltezos officer: Executive Vice President 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
David J Corrsin director, officer: EVP and General Counsel 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Mark Chiplock officer: Vice President & CFO C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Michael T Bakas officer: Senior Vice President 111 SPEEN STREET, SUIT 410, FRAMINGHAM MA 01701
Wisneski Francis V Jr director 111 SPEEN STREET, FRAMINGHAM MA 01701
Charles R. Patton director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Claire D'oyly-hughes Johnson director C/O AMERESCO, INC., 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Douglas I Foy director 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Robert Georgeoff officer: Senior Vice President 111 SPEEN STREET, STE. 401, 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Thomas S Murley director C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701