Which has grown faster, AMRC or FCEL?

Over the past five years, FCEL grew revenue faster — AMRC at a 12.51% CAGR versus FCEL at 21.07%.

Is AMRC or FCEL more profitable?

AMRC runs the higher net margin — AMRC at 1.40% versus FCEL at -132.72%.

How have AMRC and FCEL total returns compared?

Over the past 10 years, AMRC delivered 16.85% and FCEL delivered -36.74% annualized total return. Past performance doesn't predict future results.

Ameresco, Inc. (AMRC) vs FuelCell Energy, Inc. (FCEL)

A side-by-side comparison of Ameresco, Inc. and FuelCell Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 26, 2026. Differences are shown without an overall score or investment verdict.

AMRC

Ameresco, Inc.

$1.18B

$22.16IndustrialsDelayed quote: Aug 26, 2026, 4:00 PM EDT

FCEL

FuelCell Energy, Inc.

$1.52B

$19.07IndustrialsDelayed quote: Aug 26, 2026, 4:00 PM EDT

Total return — AMRC vs FCEL

growth of $100 · dividends reinvested · last 10y

AMRC +374.6% (+16.9%/yr)FCEL -99.0% (-36.9%/yr)AMRC compounded faster over this window

Log scale — wide-divergence pair

AMRC FCEL

AMRC vs FCEL: by the numbers

•FCEL is the larger company ($1.52B vs $1.18B market cap).
•AMRC is profitable (1.40% net margin) while FCEL runs a net loss (-132.72%).
•FCEL grew revenue faster over the past five years (21.07% vs 12.51% CAGR).

Metrics side by side

Valuation

Metric	AMRC	FCEL
P/E ratio	42.44	N/A
Forward P/E	17.67	N/A
P/S ratio	0.59	6.23
P/B ratio	0.88	1.45
EV / EBITDA	12.00	N/A

Profitability

Metric	AMRC	FCEL
Gross margin	16.13%	-18.20%
Operating margin	6.99%	-76.65%
Net margin	1.40%	-132.72%
ROE	2.10%	-30.97%
ROIC	3.54%	-16.36%

Growth (annualized)

Metric	AMRC	FCEL
Revenue CAGR (5Y)	12.51%	21.07%
EPS CAGR (5Y)	-5.76%	N/A
Total return CAGR (5Y)	-20.26%	-36.51%

Frequently asked

Which has grown faster, AMRC or FCEL?: Over the past five years, FCEL grew revenue faster — AMRC at a 12.51% CAGR versus FCEL at 21.07%.
Is AMRC or FCEL more profitable?: AMRC runs the higher net margin — AMRC at 1.40% versus FCEL at -132.72%.
How have AMRC and FCEL total returns compared?: Over the past 10 years, AMRC delivered 16.85% and FCEL delivered -36.74% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AMRC analysis Full FCEL analysis Interactive comparison tool

Dig into the metrics

Ameresco P/E ratio Ameresco ROE FuelCell Energy ROE Ameresco operating margin FuelCell Energy operating margin Ameresco revenue growth FuelCell Energy revenue growth Ameresco free cash flow FuelCell Energy free cash flow

Ameresco & FuelCell Energy appear in these rankings

Fastest Revenue Growth Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 26, 2026.