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Ameresco vs Brookfield Business: revenue, profit, margins and growth compared

Ameresco brought in $1.8B of revenue in fiscal 2024, Brookfield Business $27.5B in fiscal 2025. Revenue changed by +28.8% at Ameresco and -32.4% at Brookfield Business on the year before, so Ameresco grew faster. Ameresco kept 3.2% of its revenue as net profit, Brookfield Business 1.4%.

Side by side, latest fiscal year

AMRCBBUC
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$1.8B$27.5B
Revenue growth+28.8%-32.4%
Net income$56.8M$387M
Net margin3.2%1.4%
Free cash flow$113.3Mn/a
Free cash flow margin6.4%n/a
Earnings per share (diluted)$1.07-$0.30
Cash$108.5M$3.5B
Debt$149.4M$43.7B
Price to earnings20.1n/a
Market value$1.1B$5.3B
Dividend yieldn/an/a
Rank by revenue in sector#373 of 778 · Consumer discretionary#39 of 778 · Consumer discretionary

Over the years

Revenue
AMRC FY2017: $717.2MAMRC FY2018: $787.1MAMRC FY2019: $866.9MAMRC FY2020: $1BAMRC FY2021: $1.2BAMRC FY2022: $1.8BAMRC FY2023: $1.4BAMRC FY2024: $1.8BBBUC FY2018: $37.2BBBUC FY2019: $43BBBUC FY2020: $37.6BBBUC FY2021: $46.6BBBUC FY2022: $57.4BBBUC FY2023: $55.1BBBUC FY2024: $40.6BBBUC FY2025: $27.5BFY17FY18FY19FY20FY21FY22FY23FY24FY25
AMRC $1.8BBBUC $27.5B
Net income
AMRC FY2017: $37.5MAMRC FY2018: $38MAMRC FY2019: $44.4MAMRC FY2020: $54.1MAMRC FY2021: $70.5MAMRC FY2022: $94.9MAMRC FY2023: $62.5MAMRC FY2024: $56.8MBBUC FY2018: $0BBUC FY2019: $434MBBUC FY2020: $580MBBUC FY2021: $2.2BBBUC FY2022: $240MBBUC FY2023: $3.8BBBUC FY2024: $895MBBUC FY2025: $387MFY17FY18FY19FY20FY21FY22FY23FY24FY25
AMRC $56.8MBBUC $387M
Net margin
AMRC FY2017: 5.2%AMRC FY2018: 4.8%AMRC FY2019: 5.1%AMRC FY2020: 5.2%AMRC FY2021: 5.8%AMRC FY2022: 5.2%AMRC FY2023: 4.5%AMRC FY2024: 3.2%BBUC FY2018: 0.0%BBUC FY2019: 1.0%BBUC FY2020: 1.5%BBUC FY2021: 4.6%BBUC FY2022: 0.4%BBUC FY2023: 6.9%BBUC FY2024: 2.2%BBUC FY2025: 1.4%FY17FY18FY19FY20FY21FY22FY23FY24FY25
AMRC 3.2%BBUC 1.4%
Revenue growth
AMRC FY2018: +9.8%AMRC FY2019: +10.1%AMRC FY2020: +19.1%AMRC FY2021: +17.8%AMRC FY2022: +50.1%AMRC FY2023: -24.7%AMRC FY2024: +28.8%BBUC FY2019: +15.8%BBUC FY2020: -12.5%BBUC FY2021: +23.8%BBUC FY2022: +23.2%BBUC FY2023: -4.0%BBUC FY2024: -26.2%BBUC FY2025: -32.4%FY18FY19FY20FY21FY22FY23FY24FY25
AMRC +28.8%BBUC -32.4%
Free cash flow
AMRC FY2017: -$138.4MAMRC FY2018: -$57.1MAMRC FY2019: -$203MAMRC FY2020: -$104.8MAMRC FY2021: -$177.2MAMRC FY2022: -$343.6MAMRC FY2023: -$75.7MAMRC FY2024: $113.3MBBUC FY2018: $796MBBUC FY2019: $958MBBUC FY2020: $2.8BFY17FY18FY19FY20FY21FY22FY23FY24
AMRC $113.3MBBUC $2.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Ameresco and Brookfield Business

Which is bigger by revenue, Ameresco or Brookfield Business?

Brookfield Business is bigger by revenue: $27.5B in fiscal 2025, against $1.8B for Ameresco in fiscal 2024.

Which keeps more of its revenue as profit, Ameresco or Brookfield Business?

Ameresco had a net margin of 3.2% in fiscal 2024; Brookfield Business had 1.4% in fiscal 2025.

Which grew revenue faster, Ameresco or Brookfield Business?

In their latest fiscal years revenue changed by +28.8% at Ameresco and -32.4% at Brookfield Business.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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