Ameresco (AMRC) Debt to Equity (2010 - 2025)

Ameresco (AMRC) posted quarterly Debt to Equity of $1.68 for Q4 2025, up 7.25% YoY from $1.56 in Q4 2024, and down 2.68% sequentially from $1.72 in Q3 2025.

Ameresco (AMRC) Debt to Equity (2010 - 2025) Analysis & Trends

Ameresco has disclosed Debt to Equity across 16 years of filings, most recently posting $1.68 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 7.25% year-over-year to $1.68; the TTM figure through Dec 2025 stood at $1.68 (up 7.25% YoY), while the FY2025 annual figure was $1.68, up 7.25% from the prior year.
  • Debt to Equity declined to $1.68 in Q4 2025, from $1.72 in the prior quarter.
  • Over the last five years, Debt to Equity for AMRC reached as high as $1.72 in Q3 2025 and fell as low as $0.54 in Q1 2021.
  • The 5-year median for Debt to Equity is $1.42 (2023), against an average of $1.27.
  • Annual changes were most pronounced in 2021 — Debt to Equity sank 34.11% — and 2022, when it surged 85.78%.
  • A 5-year view of Debt to Equity shows it stood at $0.65 in 2021, then jumped by 59.19% to $1.03 in 2022, then surged by 56.33% to $1.61 in 2023, then dropped by 3.04% to $1.56 in 2024, then gained by 7.25% to $1.68 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods registered $1.68, $1.72, and $1.7 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn -
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 0.65
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 0.77
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 0.24
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 0.79
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 1.24
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 0.03
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 1.10
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 0.40
10 Ameresco - - - 1.68

Historic Data

Download Data
DateValue
Dec 31, 2025 1.68
Sep 30, 2025 1.72
Jun 30, 2025 1.70
Mar 31, 2025 1.64
Dec 31, 2024 1.56
Sep 30, 2024 1.72
Jun 30, 2024 1.70
Mar 31, 2024 1.67
Dec 31, 2023 1.61
Sep 30, 2023 1.59
Jun 30, 2023 1.28
Mar 31, 2023 1.06
Dec 31, 2022 1.03
Sep 30, 2022 1.00
Jun 30, 2022 1.00
Mar 31, 2022 1.00
Dec 31, 2021 0.65
Sep 30, 2021 0.60
Jun 30, 2021 0.60
Mar 31, 2021 0.54