AMRC
Ameresco, Inc.
AMRC's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over AMRC overall, supported by stronger valuation and stronger fundamentals.
AMRC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Weak | |
| Weak |
AMRC's revenue and profitability are currently stable, but its cash flow and balance sheet are weak.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
AMRC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $25.89 | — |
| Cheap | 23x | $17.56 | -32% |
| Fair | 32x | $24.21 | -6.5% |
| Current | 34x | $25.89 | — |
| Expensive | 46x | $34.96 | +35% |
Historical ranges are pointers, not guarantees.
AMRC's PE is in its fair range at 34x. If earnings grow as analysts expect, today's price would be 14x next year's earnings, in its cheap range.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over AMRC in the historical PE scenario, which offers more potential upside but is not a forecast.
AMRC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for AMRC, with profitability improving. However, they disagree widely on these estimates.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
AMRC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.80 | +137% |
| Q3 2026 | $0.76 | -37% |
| Q2 2026 | $0.52 | -56% |
| Q1 2026 | $0.58 | -44% |
| Q4 2025 | $0.83 | -22% |
| Q3 2025 | $1.20 | +21% |
| Q2 2025 | $1.18 | +11% |
| Q1 2025 | $1.03 | -5.5% |
| Q4 2024 | $1.07 | -8.5% |
AMRC's earnings per share have fallen from their peak: $0.76 over the past year, against $1.98 in late 2022.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over AMRC on earnings, with more consistent year-over-year improvement.
AMRC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $580.3M | +10% |
| Q2 2026 | $515.5M | +9.1% |
| Q1 2026 | $401.5M | +14% |
| Q4 2025 | $581M | +9.1% |
| Q3 2025 | $526M | +5% |
| Q2 2025 | $472.3M | +7.8% |
| Q1 2025 | $352.8M | +18% |
| Q4 2024 | $532.7M | +21% |
AMRC's revenue has grown year over year for 12 quarters in a row: $580M last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +2.5 points |
| Q2 2026 | 8.6% | +2.7 points |
| Q1 2026 | 2.5% | -1.3 points |
| Q4 2025 | 8% | -0.4 points |
| Q3 2025 | 8.1% | +1 points |
| Q2 2025 | 5.9% | +1.1 points |
| Q1 2025 | 3.9% | +1.2 points |
| Q4 2024 | 8.4% | +0.7 points |
AMRC's operating margin was 11% last quarter, up 2.5 points from the same quarter a year ago, near the top of its range since 2019.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over AMRC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over AMRC on profitability, with a higher operating margin.
AMRC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$9.5M | -153% |
| Q2 2026 | -$108.1M | -$81.1M |
| Q1 2026 | $34.9M | +$63.6M |
| Q4 2025 | -$98.7M | -676% |
| Q3 2025 | $18.1M | -25% |
| Q2 2025 | -$27M | -152% |
| Q1 2025 | -$28.7M | -245% |
| Q4 2024 | $17.1M | +$47.8M |
AMRC has burned cash in most quarters: −$181M over the past year, against −$21M the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over AMRC on cash generation, producing positive trailing cash flow while its opponent burns cash.
AMRC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -160K shares |
| 1 year | +0.6% | +305K shares |
| 3 years | +0.7% | +375K shares |
| 5 years | +1.6% | +836K shares |
| Available history | +12% | +5.6M shares |
AMRC has 54M diluted shares, up 0.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over AMRC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
AMRC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.9x | High |
| Q2 2026 | 7.2x | High |
| Q1 2026 | 8.1x | High |
| Q4 2025 | 8.1x | High |
| Q3 2025 | 7.7x | High |
| Q2 2025 | 7.9x | High |
| Q1 2025 | 7.9x | High |
| Q4 2024 | 7.7x | High |
AMRC's net debt is about 6.9 years of its operating earnings (EBITDA), down from 7.7 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over AMRC on leverage, with a lower net debt burden relative to earnings.
AMRC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.2 | Neutral |
| Stochastic | 37.7 | Neutral |
AMRC's weekly RSI is 54 (neutral) and its Stochastic is 38 (neutral).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
AMRC PE vs Industrials Sector
| Metric | AMRC | Sector median | Relative |
|---|---|---|---|
| PE | 34x | 24x | 42% above |
| PE % | 57 | 58 | 1 pt below |
AMRC has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
AMRC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.3 | 22% above |
| 20 week MA | $22.7 | 14% above |
| 50 week MA | $26.9 | 3.8% below |
| 100 week MA | $24.3 | 6.5% above |
| 200 week MA | $29.9 | 13% below |
AMRC has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
AMRC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.5 | $49.4 | +183% |
| 2021 | $49.4 | $77.9 | +58% |
| 2022 | $77.9 | $56.3 | -28% |
| 2023 | $56.3 | $31.7 | -44% |
| 2024 | $31.7 | $23.2 | -27% |
| 2025 | $23.2 | $30.2 | +30% |
| 2026 YTD | $30.2 | $25.9 | -14% |
AMRC's yearly returns have swung widely, from +183% in 2020 to −44% in 2023. It's down 14% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over AMRC on returns for 2026, with the stronger performance.