AMRC (Ameresco) Debt-to-Equity: 1.93 (As of Mar. 2026) — 124% Above Median

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AMRC Ameresco Inc AMRC
90 GF Score
Price $24.89
GF Value $34.60
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Ameresco Debt-to-Equity?

Ameresco AMRC -0.44% 90 Debt-to-Equity is 1.93 as of Mar. 2026, which is 124% above its 10-year median of 0.86. GuruFocus rates AMRC with a GF Score™ of 90/100 and a GF Value™ of $34.60 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,611 Construction companies, Ameresco ranks worse than 90.13% on this metric.

Ameresco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $172 Mil. Ameresco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,878 Mil. Ameresco's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,065 Mil. Ameresco's debt to equity for the quarter that ended in Mar. 2026 was 1.93.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ameresco's Debt-to-Equity or its related term are showing as below:

AMRC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.86   Max: 1.93
Current: 1.93

During the past 13 years, the highest Debt-to-Equity Ratio of Ameresco was 1.93. The lowest was 0.42. And the median was 0.86.

AMRC's Debt-to-Equity is ranked worse than
90.13% of 1611 companies
in the Construction industry
Industry Median: 0.41 vs AMRC: 1.93

Ameresco  (NYSE:AMRC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ameresco Debt-to-Equity Related Terms


Ameresco Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ameresco's Debt-to-Equity 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.

Ameresco Debt-to-Equity Chart

Ameresco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.14 1.72 1.68 1.80

Ameresco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial 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 1.76 1.83 1.85 1.80 1.93

AMRC vs WLDN, CDNL, ORN: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Ameresco's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Ameresco's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ameresco's Debt-to-Equity falls into.


AMRC
90GF Score
Ameresco Inc AMRC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Ameresco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ameresco's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ameresco's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.93 mean?
Ameresco (AMRC) has a Debt-to-Equity of 1.93 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ameresco and its competitors. This is 124% above median its historical median of 0.86. Over the past decade, Ameresco's Debt-to-Equity has ranged from 0.42 to 1.93. According to the industry distribution chart, Ameresco ranks #1452 out of 1611 companies in the Construction industry, placing it in the top 90.1%.
Is Ameresco's Debt-to-Equity too high?
Ameresco's current Debt-to-Equity of 1.93 is 124% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.93. The Construction industry median Debt-to-Equity is 0.41. Ameresco's value of 1.93 is 370.7% above this industry median. Based on the distribution chart, Ameresco ranks #1452 out of 1611 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ameresco has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ameresco's Debt-to-Equity compare to WLDN and CDNL?
According to the Construction industry distribution chart, Ameresco ranks #1452 out of 1611 companies for Debt-to-Equity. This places Ameresco in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Ameresco's value of 1.93 is 370.7% above this benchmark. Historically, Ameresco's own Debt-to-Equity has ranged from 0.42 to 1.93 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.41, Ameresco has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,611 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ameresco's current Debt-to-Equity of 1.93 is 370.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ameresco and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ameresco's current Debt-to-Equity is 1.93, which is 124% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ameresco stock overvalued right now?
Based on GuruFocus' analysis, Ameresco (AMRC) is currently considered Modestly Undervalued. The stock's GF Value™ is $34.60, compared to a current price of $24.89 — trading 28.1% below its estimated fair value. The current Debt-to-Equity is 1.93, which is 124% above median its 10-year median of 0.86 and 370.7% above the Construction industry median of 0.41. Ameresco's overall GF Score™ is 90/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ameresco (AMRC), the current Debt-to-Equity is 1.93 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ameresco (AMRC) Overvalued in 2026?

Based on GuruFocus' analysis, Ameresco stock appears to be undervalued. The current stock price of $24.89 is trading 28.1% below its estimated GF Value™ of $34.60. GuruFocus considers Ameresco to be Modestly Undervalued.

Key valuation signals for AMRC:

  • Debt-to-Equity: 1.93 (124% above median its 10-year median of 0.86)
  • GF Value™: $34.60 vs. price of $24.89 (28.1% below fair value)
  • GF Score™: 90/100 with 9 warning signs
  • Industry Position: 370.7% above the Construction median (#1452 of 1611)

No single metric tells the full story. See the AMRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ameresco Business Description

Other Exchanges 0A70:UK4AM:Germany
Address 111 Speen Street, Suite 410, Framingham, MA, USA, 01701
Ameresco Inc is an energy infrastructure solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the energy transition. Its comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. Its solutions range from upgrades to facility's energy infrastructure to the development, construction and operation of renewable energy plants combined with tailored financial solutions. Its segments include North America Regions, U.S. Federal, Renewable Fuels, Europe, and Others. The majority of the revenue is derived from North America Regions segment.
90GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.89
Price
$34.60
GF Value