AMRC vs SPXC vs STN Stock Comparison

Ameresco, SPX Technologies and Stantec Prices as of Oct 27, 2026 Peers: Industry group
AMRC Ameresco, Inc.
$19.92 -7.3% 1M -52.1% 1Y
Market cap
$1.05B
P/E
–
Revenue (TTM)
—
Div. yield
–
Engineering and Construction Industrials
1 win
STN Stantec Inc
$70.73 +2.5% 1M -37.0% 1Y
Market cap
$8.07B
P/E
12.4x
Revenue (TTM)
$10.51B
Div. yield
1.34%
Engineering and Construction Industrials
5 wins

Head to Head

11 decided of 12

SPX Technologies leads on 5 of the 12 questions below (SPX Technologies 5, Stantec 5, Ameresco 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMRCSPXCSTNLeader
Larger companyMarket capitalisation $1.05B $8.26B $8.07B SPXC
Cheaper on earningsLower P/E, profitable companies only — 29.6x 12.4x STN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.1x 19.3x 15.3x AMRC
Faster revenue growthRevenue growth, trailing twelve months — +20.6% +9.4% SPXC
More profitableNet margin, trailing twelve months — 11.3% 6.2% SPXC
Better return on capitalReturn on invested capital — 10.5% 37.8% STN
Less leveragedLower net debt / EBITDA — 0.8x 0.0x STN
Higher dividend yieldTrailing dividend yield — 0.00% 1.34% –
Better 1-year returnPrice return, last 12 months -52.1% -15.7% -37.0% SPXC
Better 5-year returnAnnualised price return, 5 years -24.3%/yr +23.1%/yr +4.8%/yr SPXC
Less volatileAnnualised volatility, 1 year 68.3% 41.5% 30.3% STN
Higher overall scoreMean of the five percentile scores vs peers — 71/100 73/100 STN

Percentile Scorecard

AMRCSPXCSTN

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

AxisAMRCSPXCSTN
Valuation – 42 #33 of 56 92 #5 of 52
Growth – 100 #1 of 52 36 #24 of 37
Profitability – 69 #16 of 49 89 #5 of 37
Financial Health 27 #42 of 57 75 #15 of 56 79 #13 of 57
Shareholder Returns – – 69 #9 of 27
Overall – 71 73
  • AMRC ranked among 57 companies in Construction Services
  • SPXC ranked among 60 companies in Construction Products
  • STN ranked among 57 companies in Construction Services

Price Performance

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

Returns

PeriodAMRCSPXCSTNSPY
1 month -7.3%-4.5%+2.5% -0.2%
3 months +1.3%-19.2%-1.6% +3.9%
6 months -28.2%-23.7%-21.3% +8.2%
Year to date -32.0%-17.5%-25.0% +12.9%
1 year -52.1%-15.7%-37.0% +12.3%
3 years -26.9%+109.9%+18.0% +87.4%
3 years, per year -9.9%+28.1%+5.7% +23.3%
5 years -75.1%+182.3%+26.3% +67.9%
5 years, per year -24.3%+23.1%+4.8% +10.9%
10 years +286.8%+760.4%+216.6% +261.1%
10 years, per year +14.5%+24.0%+12.2% +13.7%

Risk

MeasureAMRCSPXCSTNSPY
Volatility, 1Y 68.3%41.5%30.3% 12.7%
Downside volatility, 1Y 69.2%41.8%34.5% 12.7%
Beta vs S&P 500, 1Y 3.111.750.76 1.00
Return / volatility, 1Y -0.76-0.38-1.22 0.97
Max drawdown, 5Y -91.1%-38.3%-41.3% -25.4%
From 52-week high -52.1%-33.0%-37.8% -1.2%
52-week high $41.55$246.41$113.70 $779.14
52-week low $18.32$160.01$66.69 $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.

MultipleAMRCSPXCSTN
P/E now vs peer median —median 26.7x 29.6xmedian 20.1x 12.4xmedian 26.7x
P/S now vs peer median —median 0.8x 3.3xmedian 1.5x 0.8xmedian 0.8x
EV/EBITDA now vs peer median —median 13.1x 16.4xmedian 11.8x 5.1xmedian 13.1x
P/FCF now vs peer median —median 23.0x 27.2xmedian 16.2x 15.3xmedian 23.0x
P/B now vs peer median 0.9xmedian 2.4x 3.5xmedian 2.9x 3.4xmedian 2.4x
PEG now vs peer median —median 0.57 0.44median 0.99 0.60median 0.57

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 monthsAMRCSPXCSTN
Revenue – $2.48B $10.51B
Gross profit – $996.30M $4.58B
Operating income – $399.90M $1.23B
Net income – $278.90M $536.90M
Free cash flow – $304.30M $528.58M
EPS (diluted) – $5.50 $5.72
Cash & equivalents $71.79M $166.40M $265.54M
Total debt $6.70B $2.29B $2.38B
Shares (diluted) 53.37M 50.68M 114.07M
Enterprise value $773.21M $7.35B $7.00B

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
MetricAMRCSPXCSTN
P/E – 29.6x 12.4x
P/FCF – 27.2x 15.3x
P/Operating cash flow – 19.5x 17.3x
P/S – 3.3x 0.8x
P/B 0.9x 3.5x 3.4x
P/Tangible book 0.9x 6.2x 4.0x
EV/EBITDA – 16.4x 5.1x
EV/EBIT – 21.8x 6.5x
EV/Revenue – 3.5x 0.8x
EV/FCF – 28.6x 15.2x
EV/Operating cash flow – 20.6x 17.2x
PEG (3Y EPS CAGR) – 0.44 0.60

Growth

14 metrics
MetricAMRCSPXCSTN
Revenue growth (1Y) – 20.6% 9.4%
Revenue CAGR (3Y) – 15.1% 10.4%
Gross profit growth (1Y) – 18.5% 10.5%
Gross profit CAGR (3Y) – 17.8% 11.2%
Operating income growth (1Y) – 24.1% 20.5%
Operating income CAGR (3Y) – 52.2% 16.5%
Net income growth (1Y) – 32.4% 24.6%
Net income CAGR (3Y) – 72.2% 15.4%
EPS growth (1Y) – 23.8% 24.6%
EPS CAGR (3Y) – 67.5% 20.6%
Operating cash flow growth (1Y) – 52.8% -13.0%
Operating cash flow CAGR (3Y) – 131.0% 15.5%
Free cash flow growth (1Y) – 23.8% -10.2%
Free cash flow CAGR (3Y) – 168.6% 24.6%

Profitability

14 metrics
MetricAMRCSPXCSTN
Gross margin – 40.2% 43.6%
EBITDA margin – 21.4% 14.9%
Operating margin – 16.2% 11.7%
Pretax margin – 14.8% 11.3%
Net margin – 11.3% 6.2%
FCF margin – 12.3% 5.0%
Operating cash flow margin – 17.1% 4.4%
Return on equity – 12.0% 36.3%
Return on assets – 7.1% 15.1%
Return on invested capital – 10.5% 37.8%
Return on capital employed – 12.1% 28.3%
Asset turnover – 0.6x 1.8x
Cash conversion (OCF / net income) – 1.5x 0.9x
Stock comp / revenue – 0.7% 0.3%

Financial Health

11 metrics
MetricAMRCSPXCSTN
Debt / assets 41.5% 15.6% 3.9%
Debt / equity 1.7x 0.3x 0.1x
Net debt / EBITDA – 0.8x 0.0x
Debt / FCF – 2.0x 0.4x
Liabilities / assets 75.3% 40.4% 58.6%
Equity / assets 24.7% 59.6% 41.4%
Interest coverage – 10.7x 9.6x
Current ratio 1.5x 1.8x 1.5x
Quick ratio 1.1x 1.1x 1.0x
Cash ratio 0.1x 0.3x 0.2x
Altman Z-score – 4.45 –

Shareholder Returns

7 metrics
MetricAMRCSPXCSTN
Dividend yield – – 1.3%
Net buyback yield – – –
Shareholder yield – 0.0% 1.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusAMRCSPXCSTN
Forward P/E 15.1xFY2026 19.3xFY2026 15.3xFY2026
EPS, next fiscal year $1.32FY2026 $8.57FY2026 $4.62FY2026
EPS growth, next FY +46.7%FY2026 +26.8%FY2026 +19.7%FY2026
EPS growth, the year after +24.2% +20.1% +2.6%
Revenue, next fiscal year $2.04BFY2026 $2.64BFY2026 $4.75BFY2026
Revenue growth, next FY +5.9%FY2026 +16.4%FY2026 +0.4%FY2026
Revenue growth, the year after +7.7% +14.6% +7.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRCSPXCSTN
Held by institutions 65.5% 93.8% 62.0%
Institutions holding 184 510 293
Change in shares held, QoQ +13.3% +10.8% +2.8%
Institutions buying 103 275 162
Institutions selling 56 162 87
Buyers to sellers 1.84 1.70 1.86

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.

AMRCSPXCSTN
AMRC 1.00 0.41 0.09
SPXC 0.41 1.00 0.13
STN 0.09 0.13 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMRC, SPXC and STN?

SPX Technologies (SPXC) is the largest by market capitalisation: Ameresco (AMRC) $1.05B, SPX Technologies (SPXC) $8.26B, Stantec (STN) $8.07B.

Which stock is cheaper, AMRC, SPXC and STN?

Stantec (STN) trades on the lowest price-to-earnings ratio (SPX Technologies (SPXC) 29.6x, Stantec (STN) 12.4x). On next year's consensus earnings, Ameresco (AMRC) is cheapest (Ameresco (AMRC) 15.1x, SPX Technologies (SPXC) 19.3x, Stantec (STN) 15.3x). 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: SPX Technologies (SPXC) +20.6%, Stantec (STN) +9.4%.

Which company is more profitable?

SPX Technologies (SPXC) has the highest net margin (SPX Technologies (SPXC) 11.3%, Stantec (STN) 6.2%). On return on invested capital, Stantec (STN) leads (SPX Technologies (SPXC) 10.5%, Stantec (STN) 37.8%).

Which stock has performed better?

Over the past year SPX Technologies (SPXC) returned the most: Ameresco (AMRC) -52.1%, SPX Technologies (SPXC) -15.7%, Stantec (STN) -37.0%. Over five years, SPX Technologies (SPXC) compounded fastest (Ameresco (AMRC) -24.3%/yr, SPX Technologies (SPXC) +23.1%/yr, Stantec (STN) +4.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: SPX Technologies (SPXC) 0.00%, Stantec (STN) 1.34%. Ameresco (AMRC) and SPX Technologies (SPXC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Stantec (STN) has been the steadiest (Ameresco (AMRC) 68.3%, SPX Technologies (SPXC) 41.5%, Stantec (STN) 30.3%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, SPX Technologies (SPXC) leads on 5. 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.