AMRC vs LII vs SPXC Stock Comparison

Ameresco, Lennox International and SPX Technologies Prices as of Oct 29, 2026 Peers: Industry group
AMRC Ameresco, Inc.
$21.03 0.0% 1M -46.8% 1Y
Market cap
$1.11B
P/E
–
Revenue (TTM)
—
Div. yield
–
Engineering and Construction Industrials

Head to Head

8 decided of 12

Lennox International leads on 4 of the 12 questions below (Lennox International 4, SPX Technologies 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMRCLIISPXCLeader
Larger companyMarket capitalisation $1.11B $11.91B $8.39B LII
Cheaper on earningsLower P/E, profitable companies only — 16.0x 31.0x LII
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.9x 15.4x 19.5x LII
Faster revenue growthRevenue growth, trailing twelve months — +1.9% +20.2% SPXC
More profitableNet margin, trailing twelve months — 13.8% — –
Better return on capitalReturn on invested capital — 27.6% — –
Less leveragedLower net debt / EBITDA — 1.4x — –
Higher dividend yieldTrailing dividend yield — 1.53% 0.00% –
Better 1-year returnPrice return, last 12 months -46.8% -28.6% -16.2% SPXC
Better 5-year returnAnnualised price return, 5 years -23.9%/yr +3.1%/yr +23.6%/yr SPXC
Less volatileAnnualised volatility, 1 year 68.4% 42.8% 41.5% SPXC
Higher overall scoreMean of the five percentile scores vs peers — 63/100 53/100 LII

Percentile Scorecard

AMRCLIISPXC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMRCLIISPXC
Valuation – 61 #22 of 55 17 #46 of 55
Growth – 56 #23 of 51 100 #1 of 51
Profitability – 100 #1 of 49 42 #29 of 49
Financial Health 25 #43 of 57 28 #40 of 55 –
Shareholder Returns – 72 #12 of 40 –
Overall – 63 53
  • AMRC ranked among 57 companies in Construction Services
  • LII ranked among 59 companies in Construction Products
  • SPXC ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMRCLIISPXCSPY
1 month 0.0%-3.3%-1.8% +0.7%
3 months +1.8%-16.6%-15.9% +3.7%
6 months -28.9%-34.9%-23.5% +7.1%
Year to date -28.2%-28.3%-16.3% +12.8%
1 year -46.8%-28.6%-16.2% +11.9%
3 years -23.9%-4.7%+110.9% +85.2%
3 years, per year -8.7%-1.6%+28.3% +22.8%
5 years -74.4%+16.3%+188.4% +67.6%
5 years, per year -23.9%+3.1%+23.6% +10.9%
10 years +324.8%+137.8%+785.0% +262.0%
10 years, per year +15.6%+9.0%+24.4% +13.7%

Risk

MeasureAMRCLIISPXCSPY
Volatility, 1Y 68.4%42.8%41.5% 12.7%
Downside volatility, 1Y 69.6%48.6%41.8% 12.6%
Beta vs S&P 500, 1Y 3.111.291.74 1.00
Return / volatility, 1Y -0.68-0.67-0.39 0.94
Max drawdown, 5Y -91.1%-51.0%-38.3% -25.4%
From 52-week high -47.4%-39.2%-32.0% -1.2%
52-week high $40.00$572.95$246.41 $779.14
52-week low $18.32$332.41$160.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMRCLIISPXC
P/E now vs peer median —median 28.1x 16.0xmedian 20.3x 31.0xmedian 20.3x
P/S now vs peer median —median 0.8x 2.2xmedian 1.6x 3.2xmedian 1.6x
EV/EBITDA now vs peer median —median 12.7x 11.7xmedian 12.6x —median 12.6x
P/FCF now vs peer median —median 25.0x 14.3xmedian 16.9x 28.4xmedian 16.9x
P/B now vs peer median 1.0xmedian 2.5x 9.0xmedian 3.0x 3.4xmedian 3.0x
PEG now vs peer median —median 0.60 1.24median 1.13 —median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMRCLIISPXC
Revenue – $5.45B $2.60B
Gross profit – $1.78B –
Operating income – $1.03B $418.10M
Net income – $749.90M $298.10M
Free cash flow – $835.70M –
EPS (diluted) – $21.74 –
Cash & equivalents $71.79M $43.30M $119.20M
Total debt $6.70B $1.62B –
Shares (diluted) 53.37M 34.50M 50.68M
Enterprise value $831.72M $11.73B $8.39B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMRCLIISPXC
P/E – 16.0x 31.0x
P/FCF – 14.3x 28.4x
P/Operating cash flow – 12.0x 22.3x
P/S – 2.2x 3.2x
P/B 1.0x 9.0x 3.4x
P/Tangible book 1.0x 12.1x 8.9x
EV/EBITDA – 11.7x –
EV/EBIT – 13.1x –
EV/Revenue – 2.5x 3.2x
EV/FCF – 16.1x –
EV/Operating cash flow – 13.6x 22.3x
PEG (3Y EPS CAGR) – 1.24 –

Growth

14 metrics
MetricAMRCLIISPXC
Revenue growth (1Y) – 1.9% 20.2%
Revenue CAGR (3Y) – 3.4% 15.2%
Gross profit growth (1Y) – -1.6% –
Gross profit CAGR (3Y) – 6.3% –
Operating income growth (1Y) – -6.4% 22.8%
Operating income CAGR (3Y) – 11.7% 46.2%
Net income growth (1Y) – -13.3% 33.6%
Net income CAGR (3Y) – 11.6% 112.4%
EPS growth (1Y) – -11.6% –
EPS CAGR (3Y) – 12.8% –
Operating cash flow growth (1Y) – 44.6% 22.7%
Operating cash flow CAGR (3Y) – 20.7% 58.9%
Free cash flow growth (1Y) – 56.4% –
Free cash flow CAGR (3Y) – 27.5% –

Profitability

14 metrics
MetricAMRCLIISPXC
Gross margin – 32.6% –
EBITDA margin – 21.2% –
Operating margin – 18.8% –
Pretax margin – 17.6% –
Net margin – 13.8% –
FCF margin – 15.3% –
Operating cash flow margin – 18.2% 14.5%
Return on equity – 57.4% 12.4%
Return on assets – 16.2% 6.8%
Return on invested capital – 27.6% –
Return on capital employed – 36.9% –
Asset turnover – 1.2x 0.6x
Cash conversion (OCF / net income) – 1.3x 1.3x
Stock comp / revenue – 0.4% 0.7%

Financial Health

11 metrics
MetricAMRCLIISPXC
Debt / assets 41.5% 34.6% –
Debt / equity 1.7x 1.2x –
Net debt / EBITDA – 1.4x –
Debt / FCF – 1.9x –
Liabilities / assets 75.3% 71.9% –
Equity / assets 24.7% 28.1% 50.4%
Interest coverage – 16.2x –
Current ratio 1.5x 1.2x 1.8x
Quick ratio 1.1x 0.5x –
Cash ratio 0.1x 0.0x –
Altman Z-score – 5.70 –

Shareholder Returns

7 metrics
MetricAMRCLIISPXC
Dividend yield – 1.5% –
Net buyback yield – 3.7% –
Shareholder yield – 5.3% 0.0%
Payout ratio (earnings) – 24.4% –
Payout ratio (FCF) – 21.9% –
Dividend growth (1Y) – 8.7% –
Dividend CAGR (3Y) – 6.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMRCLIISPXC
Forward P/E 15.9xFY2026 15.4xFY2026 19.5xFY2026
EPS, next fiscal year $1.32FY2026 $22.65FY2026 $8.57FY2026
EPS growth, next FY +46.7%FY2026 -2.2%FY2026 +26.8%FY2026
EPS growth, the year after +24.2% +7.9% +20.1%
Revenue, next fiscal year $2.04BFY2026 $5.75BFY2026 $2.64BFY2026
Revenue growth, next FY +5.9%FY2026 +10.5%FY2026 +16.4%FY2026
Revenue growth, the year after +7.7% +7.7% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRCLIISPXC
Held by institutions 65.5% 77.3% 93.8%
Institutions holding 184 656 511
Change in shares held, QoQ +13.3% +1.8% +10.8%
Institutions buying 103 316 276
Institutions selling 56 236 162
Buyers to sellers 1.84 1.34 1.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMRCLIISPXC
AMRC 1.00 0.28 0.42
LII 0.28 1.00 0.42
SPXC 0.42 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMRC, LII and SPXC?

Lennox International (LII) is the largest by market capitalisation: Ameresco (AMRC) $1.11B, Lennox International (LII) $11.91B, SPX Technologies (SPXC) $8.39B.

Which stock is cheaper, AMRC, LII and SPXC?

Lennox International (LII) trades on the lowest price-to-earnings ratio (Lennox International (LII) 16.0x, SPX Technologies (SPXC) 31.0x). On next year's consensus earnings, Lennox International (LII) is cheapest (Ameresco (AMRC) 15.9x, Lennox International (LII) 15.4x, SPX Technologies (SPXC) 19.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

SPX Technologies (SPXC) grew revenue fastest over the trailing twelve months: Lennox International (LII) +1.9%, SPX Technologies (SPXC) +20.2%.

Which stock has performed better?

Over the past year SPX Technologies (SPXC) returned the most: Ameresco (AMRC) -46.8%, Lennox International (LII) -28.6%, SPX Technologies (SPXC) -16.2%. Over five years, SPX Technologies (SPXC) compounded fastest (Ameresco (AMRC) -23.9%/yr, Lennox International (LII) +3.1%/yr, SPX Technologies (SPXC) +23.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Lennox International (LII) 1.53%, SPX Technologies (SPXC) 0.00%. Ameresco (AMRC) and SPX Technologies (SPXC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, SPX Technologies (SPXC) has been the steadiest (Ameresco (AMRC) 68.4%, Lennox International (LII) 42.8%, SPX Technologies (SPXC) 41.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMRC, LII and SPXC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lennox International (LII) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.