Altus Power, Inc.

Altus Power, Inc.

AMPS
Altus Power, Inc.US flagNew York Stock Exchange
4.99
USD
+0.01
- -
800.50MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.29
0.77
0.65
0.98
- -
1.23
Basic EPS, GAAP
0.04
0.06
0.36
-0.06
- -
0.01
Free Cash Flow per Basic Share
-0.07
-0.04
0.14
0.25
- -
-0.71
Dividend per Share
0.23
0.24
- -
- -
- -
- -
Book Value per Share
-0.53
-1.09
-0.3
-0.35
- -
-0.34
Tangible Book Value per Share
0.95
3.5
2.69
3.01
- -
3.08
Basic Weighted Avg Shares
154
93
155
159
- -
160
Sales/Revenue/Turnover
45
72
101
155
196
196
Operating Margin (%)
29.91
27.7
19.38
15.77
15.94
15.94
Depreciation Expense
12
21
30
54
69
69
Net Income, GAAP
7
6
55
-9
1
1
Effective Tax Rate (%)
- -
2.22
2.02
- -
398.21
398.21
Profit Margin (%)
15
8.23
54.8
-6.03
0.67
0.67
Working Capital
1
312
147
122
-186
-186
LT Debt
354
525
729
1,344
1,388
1,388
Total Equity
157
342
463
525
543
543
Return on Invested Capital (%)
- -
2.72
1.82
- -
-4.57
-4.57
Return on Capital (%)
- -
4.45
13
- -
-12.78
-12.78
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
78
149
187
LT Borrowings
1,180
1,178
1,192
LT Finance Leases
188
190
196
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
160
160
160
Market Capitalization
624
508
650

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
120
139
144
Cash, Cash Equivalents & STI
78
97
105
Accounts Receivable, Net
32
34
22
Inventories
- -
- -
- -
Total Current Liabilities
132
231
330
Payables & Accruals
42
46
130
ST Debt
78
149
187
Deferred Revenue
2
2
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
3.51%
Free Cash Flow
- -
- -
-382.44%
Net Income, GAAP
- -
- -
-114.14%
Sales/Revenue/Turnover
- -
- -
26.49%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
19
25
30
27
101
2023
29
47
45
34
155
2024
41
52
59
44
196

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.4
0.16
-0.63
0.43
0.36
2023
0.04
0.04
0.03
- -
-0.06
2024
0.05
0.24
0.11
-0.38
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Gregg J. Felton II
Full Time Employees
113
Sector
Utilities
Industry
Renewable Utilities
Address
2200 Atlantic Street Stamford CT United States of America 06902
IPO Date
Feb 1, 2021
Business
Altus Power, Inc. develops, owns, and operates commercial-scale solar photovoltaic generation and energy storage systems across the United States, serving commercial, industrial, public sector, and community solar customers with clean electrification solutions including solar power purchase agreements, community solar subscriptions, energy storage paired with solar installations, electric vehicle charging infrastructure, and technology-enabled carbon reporting tools; it provides long-term contracts for electricity at predictable rates often below utility prices, with no upfront capital required from customers, and focuses on roof, ground, and carport-based systems generating revenue through direct sales of clean power. Founded in 2009 and headquartered in Stamford, Connecticut, the company operates in 25 states with a portfolio exceeding 1 gigawatt of solar capacity, targeting businesses, schools, hospitals, municipalities, nonprofits, real estate owners, renters, and small businesses nationwide. In 2025, TPG Rise Climate, part of TPG's climate investing platform, completed a $2.2 billion acquisition of Altus Power, taking it private after stockholder approval and delisting its Class A shares from the New York Stock Exchange; the company also expanded through acquisitions including three ground-mounted solar projects and an 8.6 MW portfolio from Origis Energy in Florida, and a 47.8 MW portfolio from Tortoise Capital Advisors in New York.

Company News

APIChat
  • Foss & Company Closes Tax Equity Investment in Altus Power Distributed Solar-Plus-Storage Portfolio

  • Altus Power Announces Acquisition of Solar + Storage Project at Croton-Harmon Train Station

  • Altus Power Completes Solar Project at San Manuel Landing in San Bernardino, California

  • Altus Power Announces Acquisition of Community Solar Projects in Minnesota

  • Altus Power Acquires 105MW DC of In-Construction Solar Projects from Cordelio Power

  • Greenbacker advances strategic focus on scaled clean energy, with sale of 237 MW solar and storage portfolio to Altus Power

  • Altus Power Acquires 12 MW of Commercial-Scale Solar Assets Across Four States

  • Altus Power Acquires 234 MW Portfolio Across 18 States from Greenbacker

  • Altus Power Hires Justin Biltz as Head of Policy and Government Affairs

  • Altus Power Expands Florida Footprint with Acquisition of Three Operating Projects from Origis Energy

  • Altus Power Acquires 47.8 MW Portfolio from Tortoise Capital Advisors, Expanding Market Leading Footprint in New York

  • Altus Power Closes Transaction with TPG

  • Altus Power Stockholders Approve Agreement to be Acquired by TPG

  • Altus Power Acquires Ten Maryland Community Solar Projects, Totaling 58.4 MW, from Prospect14

  • Is Altus Power's $5 Per Share Sale Price Fair? Johnson Fistel Investigates Deal Terms

  • Is Altus Power's $5 Per Share Sale Price Fair? Johnson Fistel Investigates Deal Terms

  • Is Altus Power's $5 Per Share Sale Price Fair? Johnson Fistel Investigates Deal Terms

  • What Makes Altus Power (AMPS) a New Buy Stock

  • ALTUS POWER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Altus Power, Inc. - AMPS

  • Are Oils-Energy Stocks Lagging Altus Power (AMPS) This Year?