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Altus Power (AMPS) Financials

Altus Power logo
$5.00 -0.01 (-0.10%)
Closing price 03:59 PM Eastern
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$5.00 0.00 (0.00%)
As of 05:16 PM Eastern
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Annual Income Statements for Altus Power

Annual Income Statements for Altus Power

This table shows Altus Power's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
6.79 5.91 55 -9.36 1.32
Consolidated Net Income / (Loss)
-1.89 13 52 -26 -11
Net Income / (Loss) Continuing Operations
-1.89 13 52 -26 -11
Total Pre-Tax Income
-1.80 13 53 -27 3.58
Total Operating Income
13 34 18 17 30
Total Gross Profit
36 58 84 126 150
Total Revenue
45 72 101 155 196
Operating Revenue
45 72 101 155 196
Total Cost of Revenue
9.66 14 18 30 46
Operating Cost of Revenue
9.66 14 18 30 46
Total Operating Expenses
23 24 66 108 121
Selling, General & Admin Expense
10 17 25 32 41
Depreciation Expense
12 21 30 54 69
Other Operating Expenses / (Income)
- - 9.40 15 9.21
Restructuring Charge
1.02 1.49 3.63 4.51 3.67
Other Special Charges / (Income)
0.00 -15 -2.14 2.86 -1.94
Total Other Income / (Expense), net
-14 -21 35 -44 -26
Interest Expense
14 23 2.30 0.12 0.00
Interest & Investment Income
- - -22 -47 -69
Other Income / (Expense), net
-0.26 2.44 60 3.85 43
Income Tax Expense
0.08 0.30 1.08 -0.68 14
Net Income / (Loss) Attributable to Noncontrolling Interest
-8.68 7.10 -3.27 -17 -12
Basic Earnings per Share
$0.08 $0.06 $0.36 ($0.06) $0.01
Weighted Average Basic Shares Outstanding
88.74M 92.75M 154.65M 158.70M 159.73M
Diluted Earnings per Share
$0.07 $0.06 $0.35 ($0.06) $0.01
Weighted Average Diluted Shares Outstanding
90.86M 96.60M 155.71M 158.70M 160.68M
Weighted Average Basic & Diluted Shares Outstanding
- 153.65M 158.99M 159.08M 160.42M

Quarterly Income Statements for Altus Power

This table shows Altus Power's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-97 68 5.62 6.83 5.33 -27 7.51 38 18 -61
Consolidated Net Income / (Loss)
-97 67 3.85 3.37 6.78 -40 4.06 33 8.61 -56
Net Income / (Loss) Continuing Operations
-97 67 3.85 3.37 6.78 -40 4.06 33 8.61 -56
Total Pre-Tax Income
-95 66 4.73 4.50 4.84 -41 8.95 12 3.51 -21
Total Operating Income
11 1.76 0.25 12 11 -6.01 -1.62 17 15 -1.07
Total Gross Profit
26 22 23 39 37 26 30 41 47 32
Total Revenue
30 27 29 47 45 34 41 52 59 44
Operating Revenue
30 27 29 47 45 34 41 52 59 44
Total Cost of Revenue
4.49 4.69 5.98 7.58 7.83 8.25 11 11 12 12
Operating Cost of Revenue
4.49 4.69 5.98 7.58 7.83 8.25 11 11 12 12
Total Operating Expenses
15 20 23 27 26 32 31 24 32 34
Selling, General & Admin Expense
6.56 5.52 7.36 8.29 8.19 8.61 10 12 9.82 8.67
Depreciation Expense
7.13 8.78 11 13 14 16 16 17 17 18
Other Operating Expenses / (Income)
2.71 2.73 2.87 4.26 4.18 3.68 4.30 -4.23 4.66 4.47
Restructuring Charge
0.24 3.05 1.49 1.37 0.27 1.38 1.07 0.45 0.77 1.38
Other Special Charges / (Income)
-1.40 0.23 0.05 0.05 0.05 2.71 -0.17 -1.40 -0.90 0.53
Total Other Income / (Expense), net
-105 64 4.48 -7.51 -6.01 -35 11 -4.85 -12 -20
Other Income / (Expense), net
-100 73 17 1.02 3.17 -17 27 13 10 -6.56
Income Tax Expense
1.96 -1.47 0.89 1.13 -1.94 -0.76 4.90 -21 -5.10 35
Net Income / (Loss) Attributable to Noncontrolling Interest
0.35 -0.80 -1.77 -3.46 1.45 -13 -3.45 -4.50 -9.03 4.99
Basic Earnings per Share
($0.63) $0.44 $0.04 $0.04 $0.03 ($0.17) $0.05 $0.23 $0.11 ($0.38)
Weighted Average Basic Shares Outstanding
154.46M 154.65M 158.62M 158.72M 158.72M 158.70M 159.03M 159.90M 159.99M 159.73M
Diluted Earnings per Share
($0.63) $0.43 $0.03 $0.04 $0.03 ($0.16) $0.05 $0.23 $0.11 ($0.38)
Weighted Average Diluted Shares Outstanding
154.46M 155.71M 161.00M 158.98M 160.20M 158.70M 162.24M 163.59M 164.39M 160.68M
Weighted Average Basic & Diluted Shares Outstanding
160.04M 158.99M 160.00M 160.00M 159.99M 159.08M 160.67M 160.79M 160.80M 160.42M

Annual Cash Flow Statements for Altus Power

This table details how cash moves in and out of Altus Power's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
6.07 292 -131 20 -96
Net Cash From Operating Activities
12 24 35 79 40
Net Cash From Continuing Operating Activities
12 24 35 79 40
Net Income / (Loss) Continuing Operations
-1.89 13 52 -26 -11
Consolidated Net Income / (Loss)
-1.89 13 52 -26 -11
Depreciation Expense
12 21 30 54 69
Amortization Expense
2.54 2.87 3.02 3.62 3.84
Non-Cash Adjustments To Reconcile Net Income
0.08 -12 -46 12 -31
Changes in Operating Assets and Liabilities, net
-0.37 -1.01 -3.80 36 9.48
Net Cash From Investing Activities
-171 -223 -163 -587 -367
Net Cash From Continuing Investing Activities
-171 -223 -163 -587 -367
Purchase of Property, Plant & Equipment
-37 -15 -77 -118 -94
Acquisitions
-134 -229 -90 -471 -274
Sale of Property, Plant & Equipment
0.00 20 3.61 2.35 0.27
Other Investing Activities, net
-0.59 -0.04 0.50 0.00 0.00
Net Cash From Financing Activities
165 492 -2.95 527 231
Net Cash From Continuing Financing Activities
165 492 -2.95 527 231
Repayment of Debt
-57 -165 -130 -56 -137
Payment of Dividends
-37 -27 -2.57 -4.94 -10
Issuance of Debt
206 311 125 580 301
Issuance of Common Equity
24 3.85 6.10 35 35
Other Financing Activities, net
-2.03 577 -1.22 -27 42
Cash Interest Paid
9.74 15 22 37 68
Cash Income Taxes Paid
0.04 0.10 0.07 0.07 0.04

Quarterly Cash Flow Statements for Altus Power

This table details how cash moves in and out of Altus Power's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-1.94 -98 -115 -0.05 -0.15 135 -15 -111 19 12
Net Cash From Operating Activities
13 10 14 11 24 30 4.53 -5.60 21 20
Net Cash From Continuing Operating Activities
13 10 14 11 24 30 4.53 -5.60 21 20
Net Income / (Loss) Continuing Operations
-97 67 3.85 3.37 6.78 -40 4.06 33 8.61 -56
Consolidated Net Income / (Loss)
-97 67 3.85 3.37 6.78 -40 4.06 33 8.61 -56
Depreciation Expense
7.13 8.78 11 13 14 16 16 17 17 18
Amortization Expense
0.72 0.87 0.75 0.93 0.97 0.96 1.20 1.26 1.55 -0.17
Non-Cash Adjustments To Reconcile Net Income
102 -66 -14 1.84 1.29 23 -24 -18 -4.97 15
Changes in Operating Assets and Liabilities, net
-0.73 -0.33 12 -7.83 0.85 31 6.90 -40 -0.90 43
Net Cash From Investing Activities
-10 -118 -319 -54 -55 -158 -142 -24 -95 -106
Net Cash From Continuing Investing Activities
-10 -118 -319 -54 -55 -158 -142 -24 -95 -106
Purchase of Property, Plant & Equipment
-12 -42 -25 -37 -27 -28 -19 -22 -17 -36
Acquisitions
-1.77 -77 -295 -17 -30 -130 -124 -2.33 -78 -70
Net Cash From Financing Activities
-4.91 9.91 190 43 31 263 122 -81 93 98
Net Cash From Continuing Financing Activities
-4.91 9.91 190 43 31 263 122 -81 93 98
Repayment of Debt
-5.21 -117 -9.70 -24 -11 -11 -8.44 -74 -13 -41
Payment of Dividends
-0.77 -0.66 -1.10 -1.09 -1.14 -1.61 -1.47 -1.33 -1.50 -5.89
Issuance of Debt
- 125 205 65 42 268 132 - 80 90
Issuance of Common Equity
1.07 2.88 1.74 4.54 2.07 27 0.00 4.10 12 19
Other Financing Activities, net
-0.01 -0.43 -5.63 -2.13 - -19 0.00 -9.65 19 33
Cash Interest Paid
5.12 6.68 6.51 8.79 9.72 12 12 16 18 22
Cash Income Taxes Paid
0.06 -0.03 0.00 - 0.09 -0.02 0.02 0.01 0.01 0.00

Annual Balance Sheets for Altus Power

This table presents Altus Power's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Total Assets
582 1,113 1,377 2,090 2,349
Total Current Assets
45 344 215 229 144
Cash & Equivalents
34 326 193 161 105
Restricted Cash
3.47 2.54 2.40 45 7.04
Accounts Receivable
5.75 9.22 13 17 22
Other Current Assets
1.75 6.66 6.21 5.52 9.81
Plant, Property, & Equipment, net
519 746 1,005 1,619 1,943
Total Noncurrent Assets
17 23 157 243 263
Intangible Assets
12 17 48 48 51
Other Noncurrent Operating Assets
5.61 6.43 109 195 211
Total Liabilities & Shareholders' Equity
582 1,113 1,377 2,090 2,349
Total Liabilities
424 772 914 1,565 1,806
Total Current Liabilities
43 33 68 107 330
Short-Term Debt
38 21 42 49 209
Accounts Payable
1.57 3.59 2.74 7.34 11
Current Deferred & Payable Income Tax Liabilities
- - - - 60
Other Current Liabilities
1.37 3.66 16 38 37
Other Current Nonoperating Liabilities
2.67 4.49 4.44 8.69 13
Total Noncurrent Liabilities
381 739 846 1,459 1,476
Long-Term Debt
354 525 635 1,163 1,192
Asset Retirement Reserve & Litigation Obligation
4.45 7.63 9.58 17 20
Noncurrent Deferred & Payable Income Tax Liabilities
11 9.60 11 9.83 23
Other Noncurrent Operating Liabilities
11 197 185 263 240
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
18 16 18 26 19
Total Equity & Noncontrolling Interests
139 326 445 499 524
Total Preferred & Common Equity
125 305 424 447 455
Total Common Equity
125 305 424 447 455
Common Stock
206 406 470 485 494
Retained Earnings
-81 -101 -46 -55 -54
Accumulated Other Comprehensive Income / (Loss)
- - 0.00 17 16
Noncontrolling Interest
14 21 21 52 69

Quarterly Balance Sheets for Altus Power

This table presents Altus Power's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
1,130 1,657 1,735 1,784 2,218 2,132 2,240
Total Current Assets
316 93 106 98 217 120 139
Cash & Equivalents
291 69 69 68 173 78 97
Restricted Cash
2.48 3.38 3.70 3.80 18 1.17 1.33
Accounts Receivable
16 16 27 23 20 32 34
Other Current Assets
6.41 4.44 6.45 2.69 5.76 8.57 6.21
Plant, Property, & Equipment, net
788 1,372 1,405 1,448 1,745 1,751 1,835
Total Noncurrent Assets
27 192 224 239 256 261 266
Intangible Assets
20 48 47 47 47 49 49
Noncurrent Deferred & Refundable Income Taxes
- - - - - 6.31 12
Other Noncurrent Operating Assets
7.13 145 176 192 209 206 204
Total Liabilities & Shareholders' Equity
1,130 1,657 1,735 1,784 2,218 2,132 2,240
Total Liabilities
751 1,167 1,232 1,258 1,686 1,569 1,656
Total Current Liabilities
33 96 97 97 146 132 231
Short-Term Debt
17 47 54 60 83 79 155
Accounts Payable
2.38 5.57 5.66 4.99 7.41 7.49 8.91
Customer Deposits
- 4.22 3.81 3.38 2.80 2.45 2.08
Other Current Liabilities
8.50 34 26 19 39 28 51
Other Current Nonoperating Liabilities
4.46 5.64 7.47 8.50 14 15 14
Total Noncurrent Liabilities
718 1,071 1,135 1,161 1,540 1,437 1,425
Long-Term Debt
528 836 878 908 1,254 1,180 1,178
Asset Retirement Reserve & Litigation Obligation
7.93 14 14 14 19 19 20
Noncurrent Deferred Revenue
- 7.04 6.52 6.08 6.13 6.07 5.98
Noncurrent Deferred & Payable Income Tax Liabilities
12 11 14 14 15 0.00 0.00
Other Noncurrent Operating Liabilities
170 203 222 60 247 232 222
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
18 24 21 24 24 23 22
Total Equity & Noncontrolling Interests
361 466 482 503 508 540 562
Total Preferred & Common Equity
342 433 448 466 458 491 515
Total Common Equity
342 433 448 466 458 491 515
Common Stock
456 474 478 483 488 484 491
Retained Earnings
-114 -40 -33 -28 -48 -10 7.52
Accumulated Other Comprehensive Income / (Loss)
- -0.76 3.01 11 17 16 16
Noncontrolling Interest
19 33 34 37 51 50 47

Annual Metrics and Ratios for Altus Power

This table displays calculated financial ratios and metrics derived from Altus Power's official financial filings.

Metric 2020 2021 2022 2023 2024
Growth Metrics
- - - - -
Revenue Growth
0.00% 58.58% 40.90% 53.38% 26.49%
EBITDA Growth
0.00% 125.58% 82.91% -29.13% 86.13%
EBIT Growth
0.00% 197.32% 113.03% -73.05% 247.48%
NOPAT Growth
0.00% 279.60% -46.68% -32.57% -836.49%
Net Income Growth
0.00% 789.19% 301.13% -149.79% 58.93%
EPS Growth
0.00% -14.29% 483.33% -117.14% 116.67%
Operating Cash Flow Growth
0.00% 92.78% 48.68% 125.18% -49.16%
Free Cash Flow Firm Growth
0.00% 0.00% -2,234.23% -57.63% 32.00%
Invested Capital Growth
0.00% 9.53% 68.37% 62.32% 19.86%
Revenue Q/Q Growth
0.00% 0.00% 5.40% 5.03% 5.52%
EBITDA Q/Q Growth
0.00% 0.00% 96.62% -53.70% 13.59%
EBIT Q/Q Growth
0.00% 0.00% 203.16% -82.33% 27.38%
NOPAT Q/Q Growth
0.00% 0.00% 538.83% -52.70% -611.40%
Net Income Q/Q Growth
0.00% 0.00% 11,796.64% -132.04% -282.37%
EPS Q/Q Growth
0.00% 0.00% 3,600.00% -111.32% -95.65%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 16.33% 33.38% -20.29%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 37.63% -74.95%
Invested Capital Q/Q Growth
0.00% 0.00% 49.22% -3.14% 0.73%
Profitability Metrics
- - - - -
Gross Margin
78.66% 80.46% 82.67% 80.90% 76.52%
EBITDA Margin
59.06% 84.01% 109.06% 50.39% 74.15%
Operating Margin
27.67% 47.41% 17.91% 11.02% 15.06%
EBIT Margin
27.10% 50.81% 76.81% 13.50% 37.08%
Profit (Net Income) Margin
-4.17% 18.11% 51.57% -16.74% -5.44%
Tax Burden Percent
104.60% 97.78% 97.98% 97.44% -298.21%
Interest Burden Percent
-14.70% 36.46% 68.52% -127.26% 4.91%
Effective Tax Rate
0.00% 2.22% 2.02% 0.00% 398.21%
Return on Invested Capital (ROIC)
1.70% 6.18% 2.35% 0.96% -5.21%
ROIC Less NNEP Spread (ROIC-NNEP)
-1.28% -0.83% 12.08% -4.10% 1.48%
Return on Net Nonoperating Assets (RNNOA)
-2.90% -0.96% 10.62% -6.22% 3.21%
Return on Equity (ROE)
-1.20% 5.21% 12.97% -5.26% -2.00%
Cash Return on Invested Capital (CROIC)
0.00% -2.92% -48.60% -46.55% -23.27%
Operating Return on Assets (OROA)
2.11% 4.30% 6.24% 1.21% 3.28%
Return on Assets (ROA)
-0.32% 1.53% 4.19% -1.50% -0.48%
Return on Common Equity (ROCE)
-0.95% 4.49% 11.75% -4.64% -1.69%
Return on Equity Simple (ROE_SIMPLE)
-1.51% 4.27% 12.30% -5.81% -2.34%
Net Operating Profit after Tax (NOPAT)
8.77 33 18 12 -88
NOPAT Margin
19.37% 46.36% 17.54% 7.71% -44.91%
Net Nonoperating Expense Percent (NNEP)
2.98% 7.00% -9.73% 5.06% -6.69%
Return On Investment Capital (ROIC_SIMPLE)
- - 1.58% 0.70% -4.58%
Cost of Revenue to Revenue
21.34% 19.54% 17.33% 19.10% 23.48%
SG&A Expenses to Revenue
22.40% 23.35% 24.74% 20.92% 20.77%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
51.00% 33.05% 64.76% 69.88% 61.45%
Earnings before Interest and Taxes (EBIT)
12 36 78 21 73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
27 60 110 78 146
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
2.80 1.45 2.46 2.44 1.44
Price to Tangible Book Value (P/TBV)
3.09 1.53 2.77 2.74 1.62
Price to Revenue (P/Rev)
7.73 6.15 10.31 7.04 3.33
Price to Earnings (P/E)
51.52 74.78 18.82 0.00 494.66
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
1.94% 1.34% 5.31% 0.00% 0.20%
Enterprise Value to Invested Capital (EV/IC)
1.43 1.23 1.65 1.41 1.10
Enterprise Value to Revenue (EV/Rev)
16.27 9.69 15.46 14.03 10.35
Enterprise Value to EBITDA (EV/EBITDA)
27.56 11.53 14.17 27.84 13.96
Enterprise Value to EBIT (EV/EBIT)
60.05 19.07 20.12 103.93 27.92
Enterprise Value to NOPAT (EV/NOPAT)
84.03 20.90 88.10 181.88 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
59.92 29.35 44.37 27.43 50.36
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - -
Debt to Equity
2.49 1.60 1.46 2.31 2.58
Long-Term Debt to Equity
2.25 1.54 1.37 2.22 2.19
Financial Leverage
2.27 1.16 0.88 1.52 2.17
Leverage Ratio
3.70 3.40 3.09 3.51 4.16
Compound Leverage Factor
-0.54 1.24 2.12 -4.47 0.20
Debt to Total Capital
71.35% 61.52% 59.37% 69.78% 72.06%
Short-Term Debt to Total Capital
6.89% 2.38% 3.69% 2.83% 10.74%
Long-Term Debt to Total Capital
64.46% 59.14% 55.68% 66.96% 61.32%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
5.89% 4.13% 3.42% 4.49% 4.54%
Common Equity to Total Capital
22.76% 34.36% 37.21% 25.73% 23.41%
Debt to EBITDA
14.65 9.05 6.13 15.51 9.63
Net Debt to EBITDA
13.26 3.61 4.36 12.87 8.86
Long-Term Debt to EBITDA
13.24 8.70 5.75 14.88 8.19
Debt to NOPAT
44.68 16.40 38.12 101.30 -15.90
Net Debt to NOPAT
40.43 6.53 27.11 84.07 -14.63
Long-Term Debt to NOPAT
40.36 15.77 35.75 97.20 -13.53
Altman Z-Score
0.45 0.72 1.03 0.56 0.28
Noncontrolling Interest Sharing Ratio
20.55% 13.82% 9.39% 11.83% 15.56%
Liquidity Ratios
- - - - -
Current Ratio
1.03 10.47 3.15 2.15 0.44
Quick Ratio
0.91 10.19 3.03 1.67 0.38
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
0.00 -16 -367 -579 -394
Operating Cash Flow to CapEx
33.53% 0.00% 47.87% 68.74% 43.18%
Free Cash Flow to Firm to Interest Expense
0.00 -0.68 -159.57 -4,993.71 0.00
Operating Cash Flow to Interest Expense
0.87 1.02 15.30 684.11 0.00
Operating Cash Flow Less CapEx to Interest Expense
-1.73 1.25 -16.66 -311.07 0.00
Efficiency Ratios
- - - - -
Asset Turnover
0.08 0.08 0.08 0.09 0.09
Accounts Receivable Turnover
7.87 9.59 8.93 10.16 10.09
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.09 0.11 0.12 0.12 0.11
Accounts Payable Turnover
6.15 5.44 5.54 5.88 5.08
Days Sales Outstanding (DSO)
46.37 38.05 40.88 35.92 36.18
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
59.35 67.15 65.90 62.06 71.86
Cash Conversion Cycle (CCC)
-12.98 -29.10 -25.02 -26.14 -35.69
Capital & Investment Metrics
- - - - -
Invested Capital
514 563 949 1,540 1,846
Invested Capital Turnover
0.09 0.13 0.13 0.12 0.12
Increase / (Decrease) in Invested Capital
0.00 49 385 591 306
Enterprise Value (EV)
737 696 1,564 2,177 2,032
Market Capitalization
350 442 1,043 1,093 654
Book Value per Share
$1.41 $7.21 $2.65 $2.79 $2.85
Tangible Book Value per Share
$1.28 $6.82 $2.35 $2.50 $2.53
Total Capital
549 888 1,140 1,737 1,945
Total Debt
392 546 677 1,212 1,401
Total Long-Term Debt
354 525 635 1,163 1,192
Net Debt
354 217 481 1,006 1,289
Capital Expenditures (CapEx)
37 -5.33 74 115 93
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1.90 4.13 -6.54 -35 -89
Debt-free Net Working Capital (DFNWC)
39 333 189 171 23
Net Working Capital (NWC)
1.35 312 147 122 -186
Net Nonoperating Expense (NNE)
11 20 -34 38 -77
Net Nonoperating Obligations (NNO)
357 222 486 1,015 1,302
Total Depreciation and Amortization (D&A)
14 24 33 57 73
Debt-free, Cash-free Net Working Capital to Revenue
4.19% 5.75% -6.47% -22.40% -45.39%
Debt-free Net Working Capital to Revenue
86.56% 463.31% 186.71% 110.47% 11.65%
Net Working Capital to Revenue
2.97% 433.86% 145.15% 78.81% -94.75%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.00 $0.06 $0.36 ($0.06) $0.01
Adjusted Weighted Average Basic Shares Outstanding
0.00 92.75M 154.65M 158.70M 159.73M
Adjusted Diluted Earnings per Share
$0.00 $0.06 $0.35 ($0.06) $0.01
Adjusted Weighted Average Diluted Shares Outstanding
0.00 96.60M 155.71M 158.70M 160.68M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 153.65M 158.99M 159.08M 160.42M
Normalized Net Operating Profit after Tax (NOPAT)
9.48 20 19 17 22
Normalized NOPAT Margin
20.94% 27.29% 18.98% 11.04% 11.16%
Pre Tax Income Margin
-3.98% 18.52% 52.63% -17.18% 1.82%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
0.87 1.57 33.74 180.57 0.00
NOPAT to Interest Expense
0.62 1.44 7.71 103.18 0.00
EBIT Less CapEx to Interest Expense
-1.73 1.80 1.78 -814.61 0.00
NOPAT Less CapEx to Interest Expense
-1.98 1.67 -24.26 -892.00 0.00
Payout Ratios
- - - - -
Dividend Payout Ratio
-1,947.91% 209.04% 4.93% -19.02% -95.54%
Augmented Payout Ratio
-1,947.91% 2,438.95% 4.93% -19.02% -95.54%

Quarterly Metrics and Ratios for Altus Power

This table displays calculated financial ratios and metrics derived from Altus Power's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
51.15% 24.03% 53.02% 87.84% 48.10% 27.75% 38.40% 12.79% 30.17% 30.05%
EBITDA Growth
-861.54% 182.27% -59.57% -23.18% 135.38% -108.03% 44.92% 79.84% 53.22% 258.44%
EBIT Growth
-2,024.48% 234.19% -73.55% -52.56% 115.75% -131.32% 46.36% 130.17% 80.45% 67.22%
NOPAT Growth
87.47% -89.31% 26.39% 69.44% 102.76% -333.14% -459.03% 416.15% 146.79% 82.15%
Net Income Growth
-7,384.74% 363.53% -93.61% -84.38% 107.01% -159.57% 5.46% 883.65% 27.05% -41.33%
EPS Growth
-6,200.00% 514.29% -92.31% -75.00% 104.76% -137.21% 66.67% 475.00% 266.67% -137.50%
Operating Cash Flow Growth
48.01% 90.67% 306.54% 34.60% 82.00% 190.89% -68.19% -149.73% -9.18% -33.94%
Free Cash Flow Firm Growth
0.00% 0.00% -172.58% -128.68% -260.28% -55.30% 42.84% 49.96% 78.18% 48.52%
Invested Capital Growth
72.92% 68.37% 107.78% 101.58% 150.07% 62.32% 29.59% 28.27% 15.25% 19.86%
Revenue Q/Q Growth
22.92% -12.07% 9.77% 58.33% -3.08% -24.15% 18.91% 29.02% 11.86% -24.23%
EBITDA Q/Q Growth
-331.63% 203.46% -65.09% -8.18% 6.68% -123.47% 730.27% 13.95% -9.11% -75.73%
EBIT Q/Q Growth
-424.20% 183.49% -76.88% -24.19% 7.63% -266.04% 208.04% 19.21% -15.62% -130.16%
NOPAT Q/Q Growth
41.21% -75.94% -88.69% 4,310.77% 68.99% -127.67% 82.59% 6,441.12% -19.20% -102.00%
Net Income Q/Q Growth
-547.89% 169.43% -94.27% -12.35% 101.07% -689.79% 110.15% 717.48% -74.03% -756.06%
EPS Q/Q Growth
-493.75% 168.25% -93.02% 33.33% -25.00% -633.33% 131.25% 360.00% -52.17% -445.45%
Operating Cash Flow Q/Q Growth
54.96% -19.79% 36.74% -20.80% 109.52% 28.20% -85.05% -223.82% 482.60% -6.75%
Free Cash Flow Firm Q/Q Growth
12.58% -47.12% -76.60% -0.68% -37.73% 36.58% 35.00% 11.87% 39.94% -49.61%
Invested Capital Q/Q Growth
-6.50% 49.22% 37.63% 4.98% 15.99% -3.14% 9.88% 3.91% 4.21% 0.73%
Profitability Metrics
- - - - - - - - - -
Gross Margin
85.26% 82.48% 79.66% 83.70% 82.64% 75.86% 73.14% 78.51% 79.74% 72.99%
EBITDA Margin
-266.61% 313.70% 99.76% 57.86% 63.69% -19.71% 104.46% 92.26% 74.96% 24.01%
Operating Margin
35.18% 6.59% 0.85% 25.81% 24.06% -17.57% -3.97% 32.33% 26.05% -2.41%
EBIT Margin
-292.42% 277.65% 58.48% 28.00% 31.09% -68.06% 61.84% 57.14% 43.10% -17.16%
Profit (Net Income) Margin
-317.46% 250.66% 13.09% 7.25% 15.03% -116.88% 9.97% 63.19% 14.67% -127.02%
Tax Burden Percent
102.07% 102.24% 81.24% 74.91% 140.12% 98.13% 45.30% 273.73% 245.34% 269.04%
Interest Burden Percent
106.36% 88.30% 27.55% 34.55% 34.50% 174.99% 35.60% 40.40% 13.87% 275.21%
Effective Tax Rate
0.00% -2.24% 18.76% 25.09% -40.12% 0.00% 54.70% -173.73% -145.34% 0.00%
Return on Invested Capital (ROIC)
4.71% 0.90% 0.08% 2.51% 4.48% -1.53% -0.20% 9.75% 6.95% -0.20%
ROIC Less NNEP Spread (ROIC-NNEP)
-76.00% 19.35% 0.78% 1.50% 3.20% -6.30% 0.28% 8.46% 4.45% -5.01%
Return on Net Nonoperating Assets (RNNOA)
-26.31% 17.02% 0.91% 1.78% 4.66% -9.57% 0.55% 16.37% 9.26% -10.86%
Return on Equity (ROE)
-21.59% 17.92% 0.99% 4.29% 9.13% -11.10% 0.35% 26.12% 16.21% -11.05%
Cash Return on Invested Capital (CROIC)
0.00% -48.60% -68.72% -65.68% -83.46% -46.55% -25.06% -23.87% -13.16% -23.27%
Operating Return on Assets (OROA)
-36.56% 22.56% 4.72% 2.62% 3.15% -6.09% 5.31% 5.09% 3.98% -1.52%
Return on Assets (ROA)
-39.69% 20.37% 1.06% 0.68% 1.52% -10.46% 0.86% 5.63% 1.36% -11.23%
Return on Common Equity (ROCE)
-8.85% 16.24% 0.89% 3.88% 8.14% -9.79% 0.30% 22.99% 14.31% -9.33%
Return on Equity Simple (ROE_SIMPLE)
-0.13% 0.00% -0.95% -4.98% 17.40% 0.00% -5.63% 0.82% 1.14% 0.00%
Net Operating Profit after Tax (NOPAT)
7.50 1.80 0.20 8.99 15 -4.20 -0.73 46 38 -0.75
NOPAT Margin
24.63% 6.74% 0.69% 19.34% 33.71% -12.30% -1.80% 88.49% 63.92% -1.69%
Net Nonoperating Expense Percent (NNEP)
80.71% -18.45% -0.70% 1.01% 1.28% 4.77% -0.48% 1.29% 2.50% 4.81%
Return On Investment Capital (ROIC_SIMPLE)
- 0.16% - - - -0.25% - - - -0.04%
Cost of Revenue to Revenue
14.74% 17.52% 20.34% 16.30% 17.36% 24.14% 26.86% 21.49% 20.26% 27.01%
SG&A Expenses to Revenue
21.55% 20.64% 25.06% 17.83% 18.18% 25.17% 24.65% 23.33% 16.74% 19.50%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
50.08% 75.89% 78.80% 57.89% 58.58% 93.43% 77.12% 46.19% 53.68% 75.40%
Earnings before Interest and Taxes (EBIT)
-89 74 17 13 14 -23 25 30 25 -7.63
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-81 84 29 27 29 -6.74 42 48 44 11
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
5.02 2.46 2.01 1.93 1.80 2.44 1.66 1.28 0.99 1.44
Price to Tangible Book Value (P/TBV)
5.32 2.77 2.26 2.16 2.01 2.74 1.85 1.43 1.10 1.62
Price to Revenue (P/Rev)
17.89 10.31 7.83 6.49 5.69 7.04 4.57 3.65 2.75 3.33
Price to Earnings (P/E)
0.00 18.82 1,372.05 0.00 9.81 0.00 0.00 26.97 14.34 494.66
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 5.31% 0.07% 0.00% 10.20% 0.00% 0.00% 3.71% 6.98% 0.20%
Enterprise Value to Invested Capital (EV/IC)
3.16 1.65 1.33 1.30 1.23 1.41 1.17 1.07 0.99 1.10
Enterprise Value to Revenue (EV/Rev)
20.90 15.46 15.61 13.37 13.24 14.03 11.90 10.92 9.76 10.35
Enterprise Value to EBITDA (EV/EBITDA)
35.75 14.17 25.89 30.14 11.58 27.84 21.68 16.68 14.17 13.96
Enterprise Value to EBIT (EV/EBIT)
78.26 20.12 58.06 114.74 16.50 103.93 68.52 41.04 31.76 27.92
Enterprise Value to NOPAT (EV/NOPAT)
0.00 88.10 136.40 102.78 77.28 181.88 185.80 133.24 105.29 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
66.21 44.37 37.81 36.41 32.87 27.43 28.44 35.66 35.85 50.36
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.44 1.46 1.80 1.85 2.14 2.31 2.51 2.24 2.28 2.58
Long-Term Debt to Equity
1.39 1.37 1.70 1.75 2.02 2.22 2.35 2.10 2.02 2.19
Financial Leverage
0.35 0.88 1.17 1.19 1.46 1.52 1.93 1.93 2.08 2.17
Leverage Ratio
2.06 3.09 3.10 3.03 3.22 3.51 3.79 3.63 3.62 4.16
Compound Leverage Factor
2.19 2.73 0.85 1.05 1.11 6.14 1.35 1.47 0.50 11.43
Debt to Total Capital
58.94% 59.37% 64.30% 64.97% 68.15% 69.78% 71.51% 69.10% 69.54% 72.06%
Short-Term Debt to Total Capital
1.87% 3.69% 3.42% 3.79% 3.65% 2.83% 4.43% 4.35% 8.08% 10.74%
Long-Term Debt to Total Capital
57.07% 55.68% 60.87% 61.17% 64.50% 66.96% 67.09% 64.75% 61.46% 61.32%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.06% 3.42% 4.15% 3.84% 3.67% 4.49% 4.01% 3.99% 3.60% 4.54%
Common Equity to Total Capital
36.99% 37.21% 31.55% 31.20% 28.18% 25.73% 24.48% 26.91% 26.86% 23.41%
Debt to EBITDA
9.71 6.13 13.15 15.80 6.67 15.51 14.63 11.16 10.40 9.63
Net Debt to EBITDA
4.49 4.36 12.06 14.57 6.25 12.87 12.54 10.46 9.64 8.86
Long-Term Debt to EBITDA
9.40 5.75 12.45 14.88 6.31 14.88 13.72 10.46 9.19 8.19
Debt to NOPAT
-134.76 38.12 69.27 53.89 44.53 101.30 125.36 89.14 77.32 -15.90
Net Debt to NOPAT
-62.22 27.11 63.55 49.69 41.68 84.07 107.45 83.51 71.63 -14.63
Long-Term Debt to NOPAT
-130.47 35.75 65.58 50.75 42.15 97.20 117.60 83.53 68.34 -13.53
Altman Z-Score
1.36 1.02 0.51 0.50 0.49 0.49 0.39 0.35 0.26 0.16
Noncontrolling Interest Sharing Ratio
59.04% 9.39% 10.41% 9.59% 10.85% 11.83% 12.90% 11.99% 11.69% 15.56%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
9.66 3.15 0.97 1.09 1.02 2.15 1.48 0.91 0.60 0.44
Quick Ratio
9.39 3.03 0.89 0.99 0.95 1.67 1.32 0.84 0.57 0.38
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-261 -383 -677 -682 -939 -595 -387 -341 -205 -307
Operating Cash Flow to CapEx
105.17% 25.04% 57.26% 30.34% 94.37% 106.38% 24.76% -25.52% 125.05% 55.42%
Free Cash Flow to Firm to Interest Expense
-46.07 0.00 -54.40 0.00 0.00 0.00 -23.90 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
2.29 0.00 1.14 0.00 0.00 0.00 0.28 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.11 0.00 -0.85 0.00 0.00 0.00 -0.85 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.13 0.08 0.08 0.09 0.10 0.09 0.09 0.09 0.09 0.09
Accounts Receivable Turnover
12.19 8.93 9.05 6.62 7.55 10.16 9.20 5.86 6.45 10.09
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.12 0.11 0.12 0.13 0.12 0.11 0.11 0.11 0.11
Accounts Payable Turnover
0.00 5.54 4.88 5.33 7.08 5.88 5.33 5.82 6.09 5.08
Days Sales Outstanding (DSO)
29.93 40.88 40.34 55.12 48.31 35.92 39.66 62.32 56.63 36.18
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 65.90 74.73 68.50 51.57 62.06 68.50 62.74 59.91 71.86
Cash Conversion Cycle (CCC)
29.93 -25.02 -34.39 -13.38 -3.25 -26.14 -28.84 -0.42 -3.29 -35.69
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
636 949 1,306 1,371 1,590 1,540 1,692 1,758 1,832 1,846
Invested Capital Turnover
0.19 0.13 0.12 0.13 0.13 0.12 0.11 0.11 0.11 0.12
Increase / (Decrease) in Invested Capital
268 385 677 691 954 591 386 388 242 306
Enterprise Value (EV)
2,006 1,564 1,738 1,779 1,955 2,177 1,981 1,882 1,815 2,032
Market Capitalization
1,717 1,043 871 864 840 1,093 760 630 511 654
Book Value per Share
$2.19 $2.65 $2.72 $2.80 $2.91 $2.79 $2.88 $3.05 $3.20 $2.85
Tangible Book Value per Share
$2.07 $2.35 $2.42 $2.50 $2.62 $2.50 $2.58 $2.75 $2.90 $2.53
Total Capital
925 1,140 1,373 1,436 1,653 1,737 1,869 1,823 1,917 1,945
Total Debt
545 677 883 933 1,127 1,212 1,337 1,259 1,333 1,401
Total Long-Term Debt
528 635 836 878 1,066 1,163 1,254 1,180 1,178 1,192
Net Debt
252 481 810 860 1,055 1,006 1,146 1,180 1,235 1,289
Capital Expenditures (CapEx)
12 42 25 37 25 28 18 22 17 36
Debt-free, Cash-free Net Working Capital (DFCFNWC)
6.79 -6.54 -29 -9.47 -10 -35 -38 -12 -35 -89
Debt-free Net Working Capital (DFNWC)
300 189 44 63 62 171 153 67 63 23
Net Working Capital (NWC)
283 147 -2.90 8.88 1.46 122 71 -12 -92 -186
Net Nonoperating Expense (NNE)
104 -65 -3.64 5.62 8.42 36 -4.79 13 29 56
Net Nonoperating Obligations (NNO)
256 486 816 868 1,063 1,015 1,160 1,195 1,248 1,302
Total Depreciation and Amortization (D&A)
7.86 9.65 12 14 15 17 17 18 19 18
Debt-free, Cash-free Net Working Capital to Revenue
7.07% -6.47% -25.80% -7.11% -6.94% -22.40% -22.56% -7.10% -19.06% -45.39%
Debt-free Net Working Capital to Revenue
312.74% 186.71% 39.61% 47.60% 41.79% 110.47% 92.13% 39.04% 33.76% 11.65%
Net Working Capital to Revenue
294.69% 145.15% -2.60% 6.67% 0.99% 78.81% 42.43% -6.93% -49.48% -94.75%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.63) $0.44 $0.04 $0.04 $0.03 ($0.17) $0.05 $0.23 $0.11 ($0.38)
Adjusted Weighted Average Basic Shares Outstanding
154.46M 154.65M 158.62M 158.72M 158.72M 158.70M 159.03M 159.90M 159.99M 159.73M
Adjusted Diluted Earnings per Share
($0.63) $0.43 $0.03 $0.04 $0.03 ($0.16) $0.05 $0.23 $0.11 ($0.38)
Adjusted Weighted Average Diluted Shares Outstanding
154.46M 155.71M 161.00M 158.98M 160.20M 158.70M 162.24M 163.59M 164.39M 160.68M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
160.04M 158.99M 160.00M 160.00M 159.99M 159.08M 160.67M 160.79M 160.80M 160.42M
Normalized Net Operating Profit after Tax (NOPAT)
6.68 3.52 1.46 10 7.82 -1.34 -0.50 11 11 0.59
Normalized NOPAT Margin
21.96% 13.17% 4.96% 21.62% 17.34% -3.93% -1.23% 21.36% 18.08% 1.33%
Pre Tax Income Margin
-311.01% 245.16% 16.11% 9.67% 10.73% -119.10% 22.01% 23.08% 5.98% -47.21%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-15.73 0.00 1.38 0.00 0.00 0.00 1.55 0.00 0.00 0.00
NOPAT to Interest Expense
1.33 0.00 0.02 0.00 0.00 0.00 -0.05 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
-17.91 0.00 -0.62 0.00 0.00 0.00 0.42 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
-0.85 0.00 -1.98 0.00 0.00 0.00 -1.17 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
-2,110.54% 4.93% -75.31% -16.18% 4.91% -19.02% -20.61% 138.22% 101.11% -95.54%
Augmented Payout Ratio
-2,110.54% 4.93% -75.31% -16.18% 4.91% -19.02% -20.61% 138.22% 101.11% -95.54%

Frequently Asked Questions About Altus Power's Financials

When does Altus Power's fiscal year end?

According to the most recent income statement we have on file, Altus Power's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Altus Power's net income changed over the last 4 years?

Altus Power's net income appears to be on a downward trend, with a most recent value of -$10.67 million in 2024, rising from -$1.89 million in 2020. The previous period was -$25.97 million in 2023.

What is Altus Power's operating income?
Altus Power's total operating income in 2024 was $29.56 million, based on the following breakdown:
  • Total Gross Profit: $150.17 million
  • Total Operating Expenses: $120.61 million
How has Altus Power revenue changed over the last 4 years?

Over the last 4 years, Altus Power's total revenue changed from $45.28 million in 2020 to $196.27 million in 2024, a change of 333.5%.

How much debt does Altus Power have?

Altus Power's total liabilities were at $1.81 billion at the end of 2024, a 15.3% increase from 2023, and a 325.6% increase since 2020.

How much cash does Altus Power have?

In the past 4 years, Altus Power's cash and equivalents has ranged from $33.83 million in 2020 to $325.98 million in 2021, and is currently $104.90 million as of their latest financial filing in 2024.

How has Altus Power's book value per share changed over the last 4 years?

Over the last 4 years, Altus Power's book value per share changed from 1.41 in 2020 to 2.85 in 2024, a change of 102.3%.

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This page (NYSE:AMPS) was last updated on 4/15/2025 by MarketBeat.com Staff
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