How does AMRC's earnings trend compare year-over-year?
4/3/2025 12:11am
Ameresco's net income has shown a general upward trend over the past three years, with some fluctuations. Here's a comparison of the company's earnings trend year-over-year:
1. **2022 to 2023**: Net income increased from $98.55 million in 2022 to $63.9 million in 2023, which is a decrease of approximately 35%.
2. **2023 to 2024**: Net income decreased further to $53.94 million in 2024, which is a decrease of approximately 15.5% from the previous year.
In summary, Ameresco's net income has experienced a decline from 2022 to 2023 and has continued to decline from 2023 to 2024, with the overall decrease being approximately 50%.
|code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|
|AMRC|AMRC.N|Ameresco|2022|22.892843336534025|9.8549E7|169|
|AMRC|AMRC.N|Ameresco|2023|-35.15510050837654|6.3904E7|169|
|AMRC|AMRC.N|Ameresco|2024|-15.592138207310965|5.394E7|169|