Ameresco Inc

NYSE AMRC

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Ameresco Inc Dividend Coverage Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending June 30, 2023: 40.04%

Ameresco Inc Dividend Coverage Ratio 2 year CAGR is 40.04% for the Trailing 12 Months (TTM) ending June 30, 2023, a 29.18% change year over year. The dividend coverage ratio measures a company's ability to cover its dividend payments with its net income. It is calculated by dividing net income by dividends paid. This ratio indicates the proportion of net income that is allocated to paying dividends. A ratio greater than 1 suggests sufficient income to cover dividend payments, while a ratio less than 1 indicates a potential shortfall. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Ameresco Inc Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 96.81, a 98.80% change year over year.
  • Ameresco Inc Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 48.69, a 115.71% change year over year.
  • Ameresco Inc Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 22.57, a -62.50% change year over year.
  • Ameresco Inc Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 60.20, a 49.53% change year over year.
NYSE: AMRC

Ameresco Inc

CEO Mr. George P. Sakellaris
IPO Date July 22, 2010
Location United States
Headquarters 111 Speen Street, Framingham, MA, United States, 01701
Employees 1,500
Sector Industrials
Industry Engineering & construction
Description

Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. It 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, the company offers renewable energy solutions and services, such as the 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 electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services; and operates wind farms. It serves the federal, state, local governments, healthcare and educational institutions, airports, public housing authorities and public universities, municipal utilities, and commercial and industrial customers. As of December 31, 2023, the company owned and operated 185 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.

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StockViz Staff

September 19, 2024

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