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AMRC NYSE

Ameresco, Inc.
1W: -9.1% 1M: +9.8% 3M: -10.3% YTD: -1.4% 1Y: +106.3% 3Y: -28.8% 5Y: -39.2%
$31.77
+1.55 (+5.13%)
 
Weekly Expected Move ±10.2%
$26 $30 $33 $36 $40
NYSE · Industrials · Engineering & Construction · Alpha Radar Buy · Power 55 · $1.7B mcap · 48M float · 1.16% daily turnover · Short 66% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NO EDGE
39.2 / 100
NoneWeakNarrowWide
Primary source: Intangible Assets  ·  ROIC: 6.5%  ·  5Y Avg: 4.4%
Cost Advantage
33
Intangibles
45
Switching Cost
38
Network Effect
39
Scale
40
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. AMRC has No discernible competitive edge (39.2/100). The business operates without significant structural advantages. The primary source of advantage is Intangible Assets. ROIC of 6.5% suggests modest returns relative to capital deployed.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$36
Low
$40
Avg Target
$45
High
Based on 2 analysts since May 4, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 18Hold: 5Sell: 0Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$42.25
Analysts4
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-05-19 Cantor Fitzgerald Manish Somaiya $41 $45 +4 +45.1% $31.02
2026-05-05 Robert W. Baird $35 $36 +1 +14.4% $31.48
2026-03-11 Stifel Nicolaus $37 $38 +1 +47.2% $25.82
2026-03-03 Canaccord Genuity George Gianarikas Initiated $50 +61.6% $30.95
2026-01-23 Cantor Fitzgerald Initiated $41 +25.3% $32.72
2025-12-03 UBS $23 $40 +17 +14.1% $35.07
2025-11-14 Stifel Nicolaus Stephen Gengaro $18 $37 +19 +15.8% $31.95
2025-11-04 Jefferies Julian Dumoulin-Smith $39 $45 +6 +12.5% $40.00
2025-11-03 Roth Capital $31 $45 +14 +14.0% $39.48
2025-10-21 BNP Paribas Initiated $40 -1.4% $40.57
2025-09-25 Jefferies $33 $39 +6 +11.9% $34.84
2025-09-02 Robert W. Baird $25 $35 +10 +37.5% $25.46
2025-08-18 UBS Jon Windham $11 $23 +12 +2.4% $22.47
2025-06-03 UBS Jon Windham $8 $11 +3 -28.2% $15.33
2025-05-06 Piper Sandler Kashy Harrison $38 $21 -17 +80.6% $11.63
2025-03-05 Stifel Nicolaus $82 $18 -64 +81.3% $9.93
2025-03-04 UBS Initiated $8 -16.6% $9.59
2025-02-28 Robert W. Baird $42 $25 -17 +111.9% $11.80
2025-02-28 Roth Capital Initiated $31 +162.7% $11.80
2024-10-22 Piper Sandler Kashy Harrison $35 $38 +3 +23.6% $30.74
2024-10-02 Raymond James Pavel Molchanov $65 $40 -25 +7.2% $37.31
2024-09-23 Robert W. Baird Christopher Van Horn $32 $42 +10 +9.1% $38.49
2024-09-03 Jefferies Dushyant Ailani Initiated $33 +11.8% $29.52
2024-08-06 Piper Sandler Kashy Harrison $30 $35 +5 +30.4% $26.85
2024-05-09 Robert W. Baird Ben Kallo Initiated $32 +18.8% $26.94
2024-04-11 Piper Sandler Kashy Harrison Initiated $30 +29.8% $23.12
2022-08-02 Stifel Nicolaus Initiated $82 +27.7% $64.21
2022-08-02 Craig-Hallum Initiated $82 +26.2% $64.97
2022-07-12 Raymond James Initiated $65 +45.6% $44.63
2021-10-24 EF Hutton Chip Moore Initiated $78 +3.3% $75.52

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

B
May 22, 2026
DCF
5
ROE
2
ROA
3
D/E
1
P/E
1
P/B
4
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. AMRC receives an overall rating of B. Strongest factors: DCF (5/5), P/B (4/5). Areas of concern: ROE (2/5), D/E (1/5), P/E (1/5).
Rating Change History
DateFromTo
2026-04-28 B+ B
2026-04-27 B B+
2026-04-01 B- B
2026-03-03 C+ B-
2026-03-02 B- C+
2026-01-03 B B-

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

3 Grade D
Profitability
9
Balance Sheet
27
Earnings Quality
50
Growth
27
Value
44
Momentum
3
Safety
15
Cash Flow
18
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. AMRC scores highest in Earnings Quality (50/100) and lowest in Momentum (3/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
1.12
Distress Zone
Piotroski F-Score
4/9
Beneish M-Score
-2.11
Unlikely Manipulator
Ohlson O-Score
-5.82
Bankruptcy prob: 0.3%
Low Risk
Credit Rating
B-
Score: 22.6/100
Trend: Improving
Earnings Quality
25/100
OCF/NI: -0.53x
Accruals: 1.1%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. AMRC scores 1.12, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. AMRC scores 4/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. AMRC's score of -2.11 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. AMRC's implied 0.3% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. AMRC receives an estimated rating of B- (score: 22.6/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). AMRC's score of 25/100 is low — reported earnings may not be fully supported by cash flows.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
53.37x
PEG
-1.22x
P/S
0.85x
P/B
1.51x
P/FCF
-5.37x
P/OCF
EV/EBITDA
13.58x
EV/Revenue
1.63x
EV/EBIT
25.27x
EV/FCF
-12.84x
Earnings Yield
2.33%
FCF Yield
-18.61%
Shareholder Yield
0.00%
Graham Number
$16.54
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 53.4x earnings, AMRC is priced for high growth expectations. Graham's intrinsic value formula yields $16.54 per share, 92% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.989
NI / EBT
×
Interest Burden
0.250
EBT / EBIT
×
EBIT Margin
0.064
EBIT / Rev
×
Asset Turnover
0.456
Rev / Assets
×
Equity Multiplier
4.154
Assets / Equity
=
ROE
3.0%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. AMRC's ROE of 3.0% is driven by financial leverage (equity multiplier: 4.15x). Note: high leverage means ROE is amplified by debt rather than operational performance. A tax burden ratio of 0.99 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
$5.06
Price/Value
5.04x
Margin of Safety
-403.95%
Premium
403.95%
Assessment
Overvalued
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with AMRC's realized 0.0% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. AMRC trades at a 404% premium to its adjusted intrinsic value of $5.06, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 8.5x compares to the current market P/E of 53.4x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$31.74
Median 1Y
$27.60
5th Pctile
$8.32
95th Pctile
$91.56
Ann. Volatility
69.0%
Analyst Target
$42.25
25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
George P. Sakellaris
Chairman of the Board of Directors and Chief Executive Officer
$1,500,000 $155,100 $3,339,804
Peter Christakis
$470,000 $31,020 $1,111,418
Louis P. Maltezos
Co-President
$540,000 $36,190 $1,049,488
Michael T. Bakas
President - Renewable Fuels
$540,000 $36,190 $1,019,488
Nicole A. Bulgarino
Co-President
$540,000 $36,190 $1,019,488
Mark A. Chiplock
Executive Vice President, Chief Financial Officer and Chief Accounting Officer
$435,000 $31,020 $840,016

CEO Pay Ratio

30:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $3,339,804
Avg Employee Cost (SGA/emp): $111,515
Employees: 1,601

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
1,601
+6.1% YoY
Revenue / Employee
$1,206,824
Rev: $1,932,126,000
Profit / Employee
$27,660
NI: $44,284,000
SGA / Employee
$111,515
Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
ROE 14.8% 14.3% 11.8% 12.8% 15.9% 17.6% 12.4% 10.3% 6.9% 6.1% 7.2% 6.8% 6.6% 6.2% 5.9% 5.7% 6.5% 6.6% 4.2% 3.0% 3.01%
ROA 4.4% 4.2% 3.5% 3.9% 4.8% 5.3% 3.7% 3.1% 2.1% 1.8% 1.9% 1.8% 1.7% 1.6% 1.4% 1.4% 1.6% 1.6% 1.0% 0.7% 0.72%
ROIC 6.6% 7.0% 8.5% 9.4% 10.6% 11.4% 7.5% 6.5% 5.4% 6.0% 5.8% 6.2% 6.8% 6.6% 6.6% 6.7% 7.0% 7.2% 5.6% 6.5% 6.46%
ROCE 6.6% 6.5% 5.4% 5.9% 7.4% 8.3% 6.6% 5.7% 4.4% 3.5% 2.9% 2.9% 3.0% 3.5% 3.2% 3.4% 3.8% 4.0% 3.8% 3.6% 3.64%
Gross Margin 19.5% 21.5% 17.1% 14.4% 14.1% 18.0% 18.6% 18.4% 17.9% 19.0% 16.8% 15.7% 14.9% 15.4% 12.5% 14.7% 15.5% 16.0% 16.2% 14.1% 14.06%
Operating Margin 7.8% 8.6% 7.7% 6.1% 7.5% 8.8% 6.7% 3.4% 5.4% 6.4% 7.7% 2.7% 4.8% 7.0% 8.4% 3.9% 5.9% 8.1% 8.0% 2.5% 2.53%
Net Margin 5.0% 6.4% 6.8% 3.7% 5.6% 6.2% 5.4% 0.4% 1.9% 6.3% 7.6% -1.0% 1.1% 3.5% 7.0% -1.6% 2.7% 3.5% 3.2% -4.6% -4.55%
EBITDA Margin 11.4% 13.1% 11.1% 8.5% 10.2% 12.1% 11.5% 8.6% 10.2% 11.4% 11.9% 9.3% 9.5% 11.4% 12.6% 11.2% 12.5% 12.8% 12.3% 9.8% 9.82%
FCF Margin -29.9% -30.6% -29.3% -41.4% -34.1% -29.6% -36.5% -22.5% -38.6% -54.5% -45.2% -48.5% -32.0% -22.8% -18.1% -20.4% -17.5% -15.7% -17.2% -12.7% -12.67%
OCF Margin -11.2% -12.1% -14.2% -28.5% -22.0% -17.2% -18.5% -0.2% -4.7% -8.3% -5.1% -7.7% 2.5% 4.1% 6.6% 3.8% -0.6% -1.0% -4.2% -0.8% -0.84%
ROE 3Y Avg snapshot only 4.91%
ROE 5Y Avg snapshot only 7.03%
ROA 3Y Avg snapshot only 1.19%
ROIC 3Y Avg snapshot only 4.90%
ROIC Economic snapshot only 6.39%
Cash ROA snapshot only -0.37%
Cash ROIC snapshot only -0.56%
CROIC snapshot only -8.50%
NOPAT Margin snapshot only 9.64%
Pretax Margin snapshot only 1.61%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 9.38%
SBC / Revenue snapshot only 0.19%
Valuation
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
P/E Ratio 48.26 46.97 61.28 55.62 25.44 33.68 32.10 33.33 49.01 44.04 27.00 21.59 26.81 37.82 22.03 11.71 12.93 28.45 35.69 42.84 53.368
P/S Ratio 2.94 2.77 3.55 2.97 1.39 1.86 1.67 1.62 1.89 1.62 1.23 0.90 1.01 1.20 0.71 0.35 0.43 0.95 0.82 0.68 0.849
P/B Ratio 6.69 6.26 6.13 6.05 3.44 5.03 3.70 3.18 3.14 2.49 1.87 1.40 1.70 2.24 1.23 0.63 0.79 1.77 1.46 1.25 1.514
P/FCF -9.83 -9.07 -12.13 -7.17 -4.08 -6.27 -4.57 -7.17 -4.88 -2.98 -2.71 -1.86 -3.16 -5.28 -3.90 -1.71 -2.47 -6.08 -4.76 -5.37 -5.374
P/OCF 40.28 29.00 10.63 9.27
EV/EBITDA 30.68 29.05 33.57 30.75 15.88 20.12 20.30 19.80 22.99 21.64 21.46 18.01 18.73 19.46 14.67 10.85 10.75 14.53 14.56 13.58 13.584
EV/Revenue 3.65 3.50 3.92 3.28 1.65 2.09 2.12 2.12 2.49 2.27 2.30 1.95 1.98 2.08 1.61 1.22 1.29 1.80 1.79 1.63 1.627
EV/EBIT 45.22 43.54 49.97 45.25 22.13 27.44 28.38 29.07 37.84 40.11 38.88 33.65 35.16 35.56 27.16 20.05 19.37 26.04 26.00 25.27 25.268
EV/FCF -12.24 -11.44 -13.38 -7.92 -4.83 -7.06 -5.81 -9.42 -6.43 -4.17 -5.08 -4.02 -6.20 -9.12 -8.87 -5.99 -7.39 -11.49 -10.41 -12.84 -12.840
Earnings Yield 2.1% 2.1% 1.6% 1.8% 3.9% 3.0% 3.1% 3.0% 2.0% 2.3% 3.7% 4.6% 3.7% 2.6% 4.5% 8.5% 7.7% 3.5% 2.8% 2.3% 2.33%
FCF Yield -10.2% -11.0% -8.2% -13.9% -24.5% -15.9% -21.9% -13.9% -20.5% -33.5% -36.9% -53.9% -31.6% -18.9% -25.7% -58.6% -40.4% -16.5% -21.0% -18.6% -18.61%
Price/Tangible Book snapshot only 1.344
EV/Gross Profit snapshot only 10.444
Acquirers Multiple snapshot only 25.411
Shareholder Yield snapshot only 0.00%
Graham Number snapshot only $16.54
Leverage & Solvency
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Current Ratio 1.28 1.28 1.35 1.35 1.35 1.35 1.23 1.23 1.23 1.23 1.25 1.25 1.25 1.25 1.46 1.46 1.46 1.46 1.51 1.51 1.509
Quick Ratio 1.26 1.26 1.33 1.33 1.33 1.33 1.22 1.22 1.22 1.22 1.24 1.24 1.24 1.24 1.45 1.45 1.45 1.45 1.50 1.50 1.497
Debt/Equity 1.77 1.77 0.71 0.71 0.71 0.71 1.14 1.14 1.14 1.14 1.72 1.72 1.72 1.72 1.68 1.68 1.68 1.68 1.80 1.80 1.801
Net Debt/Equity 1.64 1.64 0.63 0.63 0.63 0.63 1.00 1.00 1.00 1.00 1.63 1.63 1.63 1.63 1.57 1.57 1.57 1.57 1.73 1.73 1.735
Debt/Assets 0.50 0.50 0.22 0.22 0.22 0.22 0.33 0.33 0.33 0.33 0.42 0.42 0.42 0.42 0.41 0.41 0.41 0.41 0.43 0.43 0.429
Debt/EBITDA 6.53 6.51 3.51 3.25 2.75 2.51 4.92 5.39 6.32 7.05 10.53 10.21 9.67 8.63 8.78 8.29 7.64 7.31 8.20 8.20 8.202
Net Debt/EBITDA 6.03 6.02 3.15 2.92 2.47 2.25 4.31 4.73 5.54 6.18 9.99 9.69 9.18 8.19 8.22 7.76 7.16 6.84 7.90 7.90 7.899
Interest Coverage 7.74 7.38 5.54 5.48 5.70 5.55 4.45 3.56 2.62 1.96 1.89 1.62 1.48 1.46 1.48 1.47 1.53 1.58 1.51 1.37 1.369
Equity Multiplier 3.56 3.56 3.16 3.16 3.16 3.16 3.49 3.49 3.49 3.49 4.12 4.12 4.12 4.12 4.10 4.10 4.10 4.10 4.20 4.20 4.200
Cash Ratio snapshot only 0.070
Debt Service Coverage snapshot only 2.546
Cash to Debt snapshot only 0.037
FCF to Debt snapshot only -0.129
Defensive Interval snapshot only 662.0 days
Efficiency & Turnover
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Asset Turnover 0.72 0.71 0.61 0.72 0.88 0.96 0.72 0.64 0.54 0.50 0.42 0.43 0.46 0.51 0.45 0.46 0.47 0.48 0.44 0.46 0.456
Inventory Turnover 102.53 100.71 113.37 136.43 168.12 185.02 133.21 117.18 97.41 89.57 81.01 83.18 90.68 101.61 120.18 124.11 126.18 127.60 134.75 138.40 138.398
Receivables Turnover 3.42 3.40 4.45 5.26 6.37 6.99 8.75 7.77 6.57 6.07 6.89 7.02 7.58 8.41 7.31 7.54 7.68 7.78 6.97 7.14 7.142
Payables Turnover 4.21 4.14 3.65 4.39 5.41 5.96 4.66 4.10 3.41 3.13 3.00 3.08 3.36 3.76 3.25 3.35 3.41 3.45 2.67 2.74 2.740
DSO 107 107 82 69 57 52 42 47 56 60 53 52 48 43 50 48 48 47 52 51 51.1 days
DIO 4 4 3 3 2 2 3 3 4 4 5 4 4 4 3 3 3 3 3 3 2.6 days
DPO 87 88 100 83 67 61 78 89 107 116 122 118 109 97 112 109 107 106 137 133 133.2 days
Cash Conversion Cycle 24 23 -15 -11 -8 -7 -34 -39 -48 -52 -64 -62 -56 -50 -59 -57 -57 -56 -82 -79 -79.5 days
Fixed Asset Turnover snapshot only 22.967
Operating Cycle snapshot only 53.7 days
Cash Velocity snapshot only 27.593
Capital Intensity snapshot only 2.291
Growth (YoY)
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue 17.7% 8.7% 17.8% 34.1% 55.0% 71.3% 50.1% 12.8% -21.2% -33.7% -24.7% -13.5% 10.3% 32.7% 28.8% 30.1% 22.9% 12.2% 9.2% 8.6% 8.57%
Net Income 64.1% 24.6% 30.4% 29.9% 39.4% 60.0% 34.7% 2.6% -44.6% -55.6% -34.2% -25.7% 8.1% 14.4% -9.1% -7.2% 8.7% 18.0% -22.0% -41.9% -41.93%
EPS 51.4% 15.8% 21.6% 21.9% 37.8% 58.7% 33.9% 3.3% -44.6% -55.6% -34.1% -24.3% 8.3% 14.6% -9.1% -7.7% 9.3% 17.7% -23.0% -42.3% -42.30%
FCF -1.5% 2.5% -24.8% -98.5% -77.1% -65.9% -87.1% 38.5% 10.8% -22.0% 6.7% -85.9% 8.7% 44.5% 48.4% 45.2% 32.9% 22.9% -3.5% 32.6% 32.56%
EBITDA 40.0% 24.4% 21.3% 21.6% 35.1% 48.0% 34.3% 13.5% -17.9% -33.0% -22.9% -12.8% 7.9% 34.9% 31.9% 35.5% 39.2% 30.0% 22.3% 15.4% 15.44%
Op. Income 63.2% 34.4% 33.5% 31.8% 43.4% 62.2% 39.4% 7.2% -31.0% -50.6% -38.2% -28.5% -4.0% 39.3% 32.3% 41.1% 43.6% 30.8% 19.9% 10.8% 10.81%
OCF Growth snapshot only -1.24%
Asset Growth snapshot only 9.10%
Equity Growth snapshot only 6.61%
Debt Growth snapshot only 14.23%
Shares Change snapshot only 0.65%
Growth (CAGR)
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue 3Y 12.9% 12.6% 15.6% 23.1% 31.2% 34.9% 28.1% 20.4% 12.8% 7.3% 10.0% 9.4% 10.4% 14.6% 13.3% 8.3% 2.2% -0.4% 1.9% 6.9% 6.90%
Revenue 5Y 11.2% 11.4% 13.3% 17.1% 21.6% 22.9% 20.5% 16.7% 11.9% 10.1% 11.8% 12.7% 14.4% 16.6% 15.3% 14.4% 14.3% 13.0% 13.4% 13.1% 13.06%
EPS 3Y 7.9% 5.2% 18.3% 24.7% 33.8% 40.7% 24.4% 15.5% 5.0% -6.6% 2.4% -1.6% -6.1% -6.9% -7.1% -10.3% -13.1% -15.7% -22.7% -26.1% -26.13%
EPS 5Y 49.2% 42.7% 38.4% 44.5% 42.0% 39.7% 16.9% 8.5% -0.8% -3.9% 7.9% 8.7% 7.5% 7.2% 2.9% 1.5% 6.5% 1.9% -5.6% -12.7% -12.67%
Net Income 3Y 12.5% 9.4% 22.9% 29.7% 38.7% 46.0% 28.8% 19.2% 8.2% -4.0% 4.9% -0.3% -5.8% -6.7% -7.0% -10.9% -13.3% -15.7% -22.4% -26.3% -26.30%
Net Income 5Y 52.7% 46.4% 42.4% 49.3% 46.4% 44.1% 20.4% 11.8% 1.9% -1.4% 10.5% 10.7% 9.9% 9.6% 5.0% 3.1% 8.3% 3.6% -3.9% -11.8% -11.81%
EBITDA 3Y 19.5% 17.7% 16.6% 19.4% 25.3% 29.9% 27.9% 22.2% 15.8% 7.3% 7.9% 6.4% 6.2% 10.2% 11.0% 10.3% 7.2% 5.5% 7.6% 10.9% 10.91%
EBITDA 5Y 28.8% 28.5% 23.9% 27.0% 29.0% 29.1% 25.2% 19.3% 13.6% 10.1% 10.4% 11.0% 11.7% 14.7% 16.3% 16.6% 18.5% 16.7% 15.2% 13.5% 13.49%
Gross Profit 3Y 9.2% 9.4% 9.9% 13.8% 17.8% 21.0% 20.0% 16.1% 13.6% 9.7% 9.5% 7.5% 6.0% 6.6% 3.6% 1.2% -1.3% -2.8% 1.5% 4.2% 4.24%
Gross Profit 5Y 10.7% 11.1% 11.4% 13.7% 15.5% 16.7% 15.1% 12.1% 9.2% 7.1% 7.3% 7.4% 7.9% 9.2% 8.8% 8.5% 9.6% 9.3% 10.1% 9.5% 9.50%
Op. Income 3Y 20.6% 18.0% 17.3% 22.6% 31.2% 39.5% 37.1% 27.6% 17.4% 2.5% 4.8% 0.3% -1.7% 3.7% 4.4% 2.6% -1.6% -3.4% -0.7% 3.8% 3.80%
Op. Income 5Y 47.1% 46.2% 32.0% 37.6% 38.0% 36.7% 29.4% 20.1% 11.7% 5.6% 6.8% 7.2% 8.4% 13.3% 16.1% 16.0% 17.4% 14.4% 12.8% 9.6% 9.57%
FCF 3Y
FCF 5Y
OCF 3Y
OCF 5Y
Assets 3Y 21.3% 21.3% 24.2% 24.2% 24.2% 24.2% 27.9% 27.9% 27.9% 27.9% 28.4% 28.4% 28.4% 28.4% 23.2% 23.2% 23.2% 23.2% 16.4% 16.4% 16.40%
Assets 5Y 19.2% 19.2% 22.8% 22.8% 22.8% 22.8% 23.9% 23.9% 23.9% 23.9% 26.2% 26.2% 26.2% 26.2% 24.8% 24.8% 24.8% 24.8% 20.9% 20.9% 20.93%
Equity 3Y 13.5% 13.5% 23.2% 23.2% 23.2% 23.2% 24.3% 24.3% 24.3% 24.3% 22.3% 22.3% 22.3% 22.3% 12.9% 12.9% 12.9% 12.9% 9.4% 9.4% 9.44%
Book Value 3Y 8.9% 9.2% 18.6% 18.4% 18.8% 18.7% 20.1% 20.5% 20.6% 21.0% 19.3% 20.8% 21.9% 22.0% 12.7% 13.7% 13.1% 12.8% 9.0% 9.7% 9.70%
Dividend 3Y
Growth Quality
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Revenue Stability 0.86 0.88 0.94 0.87 0.79 0.74 0.81 0.92 0.68 0.49 0.65 0.78 0.62 0.53 0.67 0.78 0.60 0.45 0.64 0.84 0.844
Earnings Stability 0.79 0.82 0.92 0.85 0.81 0.81 0.88 0.84 0.32 0.20 0.57 0.53 0.18 0.07 0.12 0.03 0.01 0.01 0.14 0.49 0.492
Margin Stability 0.91 0.91 0.92 0.90 0.87 0.87 0.91 0.92 0.91 0.89 0.88 0.88 0.87 0.86 0.88 0.90 0.91 0.91 0.90 0.91 0.906
Rev. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 1.00 1.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.50 0.50 0.00 0.00 1.00 1.00 0.00 0.00 0.000
FCF Positive Streak 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Earnings Persistence 0.50 0.90 0.88 0.88 0.84 0.50 0.86 0.99 0.82 0.50 0.86 0.90 0.97 0.94 0.96 0.97 0.97 0.93 0.91 0.83 0.832
Earnings Smoothness 0.51 0.78 0.74 0.74 0.67 0.54 0.70 0.97 0.43 0.23 0.59 0.71 0.92 0.87 0.90 0.93 0.92 0.84 0.75 0.47 0.470
ROE Trend 0.04 0.03 -0.01 -0.01 0.02 0.02 0.01 -0.02 -0.07 -0.08 -0.04 -0.04 -0.04 -0.04 -0.04 -0.03 -0.00 0.00 -0.02 -0.03 -0.030
Gross Margin Trend -0.01 -0.00 0.00 -0.01 -0.02 -0.03 -0.03 -0.01 0.01 0.01 0.00 0.00 -0.01 -0.01 -0.02 -0.03 -0.03 -0.02 -0.00 -0.00 -0.003
FCF Margin Trend 0.04 0.06 0.04 -0.09 -0.02 0.03 -0.08 0.12 -0.07 -0.24 -0.12 -0.17 0.04 0.19 0.23 0.15 0.18 0.23 0.14 0.22 0.218
Sustainable Growth Rate 14.8% 14.3% 11.8% 12.8% 15.9% 17.6% 12.4% 10.3% 6.9% 6.1% 7.2% 6.8% 6.6% 6.2% 5.9% 5.7% 6.5% 6.6% 4.2% 3.0% 3.01%
Internal Growth Rate 4.6% 4.4% 3.7% 4.0% 5.0% 5.6% 3.9% 3.2% 2.1% 1.9% 1.9% 1.8% 1.8% 1.6% 1.5% 1.4% 1.6% 1.6% 1.0% 0.7% 0.73%
Cash Flow Quality
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
OCF/Net Income -1.84 -2.06 -2.45 -5.34 -4.03 -3.13 -3.56 -0.04 -1.22 -2.26 -1.12 -1.85 0.67 1.30 2.07 1.26 -0.19 -0.30 -1.81 -0.53 -0.529
FCF/OCF 2.67 2.52 2.07 1.45 1.55 1.72 1.97 107.72 8.24 6.53 8.88 6.30 -12.73 -5.49 -2.73 -5.43 27.71 15.44 4.13 15.06 15.064
FCF/Net Income snapshot only -7.972
OCF/EBITDA snapshot only -0.070
CapEx/Revenue 18.7% 18.4% 15.1% 12.9% 12.1% 12.4% 18.0% 22.3% 34.0% 46.2% 40.1% 40.8% 34.5% 26.9% 24.8% 24.2% 16.8% 14.6% 13.0% 11.8% 11.83%
CapEx/Depreciation snapshot only 2.136
Accruals Ratio 0.12 0.13 0.12 0.24 0.24 0.22 0.17 0.03 0.05 0.06 0.04 0.05 0.01 -0.00 -0.02 -0.00 0.02 0.02 0.03 0.01 0.011
Sloan Accruals snapshot only 0.000
Cash Flow Adequacy snapshot only -0.071
Earnings Quality Score snapshot only 0.250
Dividends & Buybacks
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
FCF Payout Ratio
Total Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Div. Increase Streak
Chowder Number
Buyback Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield -3.6% -3.9% -2.8% -0.0% -0.0% 0.0% 0.0% 0.0% -0.1% -0.1% -0.2% -0.2% -0.0% 0.0% 0.0% 0.0% -0.1% -0.1% -0.2% -0.2% -0.22%
Total Shareholder Return -3.6% -3.9% -2.8% -0.0% -0.0% 0.0% 0.0% 0.0% -0.1% -0.1% -0.2% -0.2% -0.0% 0.0% 0.0% 0.0% -0.1% -0.1% -0.2% -0.2% -0.22%
DuPont Factors
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Tax Burden (NI/EBT) 0.92 0.91 0.90 0.90 0.89 0.88 0.90 0.92 0.95 1.33 1.63 1.88 2.05 1.74 1.67 1.52 1.44 1.32 0.98 0.99 0.989
Interest Burden (EBT/EBIT) 0.82 0.81 0.82 0.82 0.82 0.82 0.78 0.72 0.62 0.49 0.47 0.38 0.33 0.31 0.32 0.32 0.35 0.37 0.34 0.25 0.250
EBIT Margin 0.08 0.08 0.08 0.07 0.07 0.08 0.07 0.07 0.07 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.07 0.07 0.07 0.06 0.064
Asset Turnover 0.72 0.71 0.61 0.72 0.88 0.96 0.72 0.64 0.54 0.50 0.42 0.43 0.46 0.51 0.45 0.46 0.47 0.48 0.44 0.46 0.456
Equity Multiplier 3.39 3.39 3.32 3.32 3.32 3.32 3.34 3.34 3.34 3.34 3.82 3.82 3.82 3.82 4.11 4.11 4.11 4.11 4.15 4.15 4.154
Per Share
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
EPS (Diluted TTM) $1.30 $1.24 $1.33 $1.43 $1.79 $1.97 $1.78 $1.48 $0.99 $0.88 $1.17 $1.12 $1.07 $1.00 $1.07 $1.03 $1.18 $1.18 $0.82 $0.60 $0.60
Book Value/Share $9.37 $9.33 $13.28 $13.13 $13.24 $13.21 $15.45 $15.47 $15.49 $15.46 $16.93 $17.25 $16.98 $16.94 $19.03 $19.28 $19.18 $18.98 $20.02 $20.42 $20.99
Tangible Book/Share $8.24 $8.20 $11.81 $11.67 $11.78 $11.75 $14.04 $14.06 $14.07 $14.05 $15.39 $15.67 $15.43 $15.39 $17.61 $17.85 $17.76 $17.58 $18.60 $18.97 $18.97
Revenue/Share $21.36 $21.09 $22.93 $26.80 $32.74 $35.81 $34.21 $30.44 $25.77 $23.73 $25.81 $26.81 $28.48 $31.53 $33.23 $34.72 $35.19 $35.30 $35.81 $37.45 $37.45
FCF/Share $-6.38 $-6.44 $-6.72 $-11.09 $-11.17 $-10.60 $-12.49 $-6.86 $-9.96 $-12.93 $-11.67 $-13.00 $-9.11 $-7.18 $-6.02 $-7.08 $-6.14 $-5.52 $-6.15 $-4.75 $-4.75
OCF/Share $-2.39 $-2.56 $-3.25 $-7.64 $-7.22 $-6.18 $-6.34 $-0.06 $-1.21 $-1.98 $-1.31 $-2.06 $0.72 $1.31 $2.21 $1.30 $-0.22 $-0.36 $-1.49 $-0.32 $-0.32
Cash/Share $1.26 $1.26 $0.95 $0.94 $0.95 $0.95 $2.17 $2.17 $2.17 $2.17 $1.49 $1.52 $1.49 $1.49 $2.04 $2.07 $2.05 $2.03 $1.33 $1.36 $1.97
EBITDA/Share $2.54 $2.54 $2.68 $2.86 $3.40 $3.72 $3.57 $3.26 $2.79 $2.49 $2.76 $2.90 $3.01 $3.37 $3.64 $3.91 $4.22 $4.37 $4.40 $4.49 $4.49
Debt/Share $16.61 $16.52 $9.38 $9.28 $9.36 $9.34 $17.58 $17.60 $17.62 $17.59 $29.07 $29.61 $29.15 $29.08 $31.98 $32.42 $32.25 $31.91 $36.06 $36.79 $36.79
Net Debt/Share $15.35 $15.27 $8.43 $8.34 $8.41 $8.39 $15.41 $15.44 $15.45 $15.42 $27.58 $28.09 $27.66 $27.59 $29.94 $30.35 $30.19 $29.88 $34.73 $35.43 $35.43
Academic Models
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Altman Z-Score 1.120
Altman Z-Prime snapshot only 1.861
Piotroski F-Score 6 5 5 5 5 5 5 4 3 3 4 4 5 7 7 6 7 6 5 4 4
Beneish M-Score -1.77 -1.87 -1.38 -0.55 -0.36 -0.82 -1.22 -1.45 -1.39 -1.62 -2.04 -2.05 -2.14 -2.09 -2.25 -2.30 -2.29 -2.28 -2.19 -2.11 -2.107
Ohlson O-Score snapshot only -5.816
ROIC (Greenblatt) snapshot only 20.91%
Net-Net WC snapshot only $-35.20
EVA snapshot only $-104548420.69
Credit
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
Credit Rating snapshot only B-
Credit Score 52.34 52.55 55.71 56.47 53.17 57.99 44.45 44.32 32.37 30.34 23.37 23.56 21.59 26.10 21.24 21.35 23.84 29.61 25.28 22.59 22.590
Credit Grade snapshot only 16
Credit Trend snapshot only 1.242
Implied Spread (bps) snapshot only 900.000
Industry Credit Rank snapshot only 12
Sector Credit Rank snapshot only 8

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms