ERII
Energy Recovery, Inc.
Price Chart
Latest Quote
$9.42
+0.43 (+4.78%)
Current Price
| Previous Close | $8.99 |
| Open | $9.54 |
| Day High | $9.91 |
| Day Low | $9.16 |
| Volume | 3,558,242 |
Stock Information
| Shares Outstanding | 51.55M |
| Total Debt | $8.85M |
| Cash Equivalents | $86.15M |
| Revenue | $136.63M |
| Net Income | $20.59M |
| Sector | Industrials |
| Industry | Pollution & Treatment Controls |
| Market Cap | $485.56M |
| P/E Ratio | 25.46 |
| EPS (TTM) | $0.37 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $408.25M |
| Sales | $136.63M |
| Income | $20.59M |
| Book/sh | $3.54 |
| Cash/sh | $1.67 |
| Employees | 230 |
Financial Ratios
| Quick Ratio | 7.31 |
| Current Ratio | 9.28 |
| Debt/Eq | 4.80 |
Returns & Margins
| ROA | 7.54% |
| ROE | 10.77% |
| Gross Margin | 64.27% |
| Operating Margin | -103.33% |
| Profit Margin | 15.07% |
Ownership
| Insider Ownership | 1.92% |
| Institutional Ownership | 97.53% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 17.61 |
| PEG | 3.33 |
| P/S | 3.55 |
| P/B | 2.66 |
Analyst Data
| Recommendation | none |
| Target Price | $11.00 |
Technical Indicators
| SMA20 | $8.43 |
| SMA50 | $9.51 |
| SMA200 | $12.96 |
| RSI | 69.11 |
| ATR | 0.4571 |
| Shares Float | 49.60M |
| Short Float | 4.54% |
| Short Ratio | 1.54 |
| Volatility | 0.92 |
| Rel Volume | 3.32 |
Performance History
| Week | +15.02% |
| Month | +11.35% |
| Quarter | -3.19% |
| 6 Months | -34.76% |
| YTD | -31.34% |
| Year | -22.85% |
| 3 Years | -64.68% |
| 5 Years | -54.91% |
| 10 Years | +5.25% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $9.42 | 3,558,200 |
| 2026-06-17 | $8.99 | 2,480,000 |
| 2026-06-16 | $8.58 | 1,535,700 |
| 2026-06-15 | $8.76 | 2,072,800 |
| 2026-06-12 | $8.33 | 720,100 |
| 2026-06-11 | $8.19 | 839,400 |
| 2026-06-10 | $7.92 | 523,100 |
| 2026-06-09 | $8.12 | 689,800 |
| 2026-06-08 | $7.97 | 669,400 |
| 2026-06-05 | $8.01 | 584,600 |
| 2026-06-04 | $8.29 | 753,600 |
| 2026-06-03 | $8.04 | 1,098,100 |
| 2026-06-02 | $8.18 | 725,300 |
| 2026-06-01 | $8.00 | 984,900 |
| 2026-05-29 | $8.17 | 892,100 |
| 2026-05-28 | $8.63 | 557,400 |
| 2026-05-27 | $8.68 | 493,300 |
| 2026-05-26 | $8.77 | 806,900 |
| 2026-05-22 | $8.85 | 825,700 |
| 2026-05-21 | $8.62 | 648,300 |
| 2026-05-20 | $8.65 | 916,800 |
| 2026-05-19 | $8.46 | 933,500 |
About Energy Recovery, Inc.
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe. It operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra high-pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation pumps for use in water treatment industries, including seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumption and operating costs of carbon dioxide-based refrigeration systems; and spare parts, as well as repair, field, and commissioning services. The company sells its products under the ERI, PX, PX Pressure Exchanger, Pressure Exchanger, Ultra High-Pressure PX, PX G1300, PX PowerTrain, PX G, AT, and Aquabold brands to supermarket chains, cold storage facilities, refrigeration system installers or OEMs, and other industrial users; and aftermarket customers consisting of desalination plant owners and operators. Energy Recovery, Inc. was incorporated in 1992 and is headquartered in San Leandro, California.
đ° Latest News
Energy Recovery (ERII) Stock Fair Value Falls As Analysts Cut Views On Desalination Risk
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1 of Wall Streetâs Favorite Stock for Long-Term Investors and 2 We Avoid
StockStory âĸ 2026-05-21T19:48:55Z
Energy Recovery, Gibraltar, and Trex Stocks Trade Down, What You Need To Know
StockStory âĸ 2026-05-21T10:28:55Z
Can Energy Recovery Inc. (ERII) Overcome the Impact of the Iran War?
Insider Monkey âĸ 2026-05-20T18:37:02Z
3 Out-of-Favor Stocks We Keep Off Our Radar
StockStory âĸ 2026-05-18T10:44:55Z
5 Must-Read Analyst Questions From Energy Recoveryâs Q1 Earnings Call
StockStory âĸ 2026-05-16T23:08:55Z
Energy Recovery's (NASDAQ:ERII) Conservative Accounting Might Explain Soft Earnings
Simply Wall St. âĸ 2026-05-13T11:10:09Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $47,056,000 | $48,015,000 | $41,270,000 | $38,235,000 |
| Cost Of Revenue | $47,056,000 | $48,015,000 | $41,270,000 | $38,235,000 |
| Total Revenue | $134,987,000 | $144,948,000 | $128,349,000 | $125,591,000 |
| Operating Revenue | $134,987,000 | $144,948,000 | $128,349,000 | $125,591,000 |
| Expenses | ||||
| Total Expenses | $110,785,000 | $122,748,000 | $109,299,000 | $100,762,000 |
| Other Income Expense | $-221,000 | $-2,683,000 | $-101,000 | $334,000 |
| Other Non Operating Income Expenses | $92,000 | $-207,000 | $-101,000 | $334,000 |
| Net Non Operating Interest Income Expense | $3,614,000 | $6,218,000 | $3,756,000 | $908,000 |
| Operating Expense | $63,729,000 | $74,733,000 | $68,029,000 | $62,527,000 |
| Selling And Marketing Expense | $20,926,000 | $25,423,000 | $22,164,000 | $16,277,000 |
| General And Administrative Expense | $29,769,000 | $33,074,000 | $28,864,000 | $28,341,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $22,962,000 | $23,050,000 | $21,504,000 | $24,049,000 |
| Net Interest Income | $3,614,000 | $6,218,000 | $3,756,000 | $908,000 |
| Interest Income | $3,614,000 | $6,218,000 | $3,756,000 | $908,000 |
| Normalized Income | $23,222,450 | $25,267,672 | $21,504,000 | $24,049,000 |
| Net Income From Continuing And Discontinued Operation | $22,962,000 | $23,050,000 | $21,504,000 | $24,049,000 |
| Total Operating Income As Reported | $23,889,000 | $19,724,000 | $19,050,000 | $24,829,000 |
| Net Income Common Stockholders | $22,962,000 | $23,050,000 | $21,504,000 | $24,049,000 |
| Net Income | $22,962,000 | $23,050,000 | $21,504,000 | $24,049,000 |
| Net Income Including Noncontrolling Interests | $22,962,000 | $23,050,000 | $21,504,000 | $24,049,000 |
| Net Income Continuous Operations | $22,962,000 | $23,050,000 | $21,504,000 | $24,049,000 |
| Pretax Income | $27,595,000 | $25,735,000 | $22,705,000 | $26,071,000 |
| Special Income Charges | $-313,000 | $-2,476,000 | $0 | $0 |
| Interest Income Non Operating | $3,614,000 | $6,218,000 | $3,756,000 | $908,000 |
| Operating Income | $24,202,000 | $22,200,000 | $19,050,000 | $24,829,000 |
| Gross Profit | $87,931,000 | $96,933,000 | $87,079,000 | $87,356,000 |
| Depreciation Amortization Depletion Income Statement | - | - | - | - |
| Depreciation And Amortization In Income Statement | - | - | - | - |
| Amortization Of Intangibles Income Statement | - | - | - | - |
| Per Share | ||||
| Diluted EPS | $0.42 | $0.40 | $0.37 | $0.42 |
| Basic EPS | $0.43 | $0.40 | $0.38 | $0.43 |
| Other | ||||
| Tax Effect Of Unusual Items | $-52,550 | $-258,328 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $28,275,000 | $28,722,000 | $23,152,000 | $31,131,000 |
| Total Unusual Items | $-313,000 | $-2,476,000 | $0 | $0 |
| Total Unusual Items Excluding Goodwill | $-313,000 | $-2,476,000 | $0 | $0 |
| Reconciled Depreciation | $3,760,000 | $4,046,000 | $4,102,000 | $6,302,000 |
| EBITDA (Bullshit earnings) | $27,962,000 | $26,246,000 | $23,152,000 | $31,131,000 |
| EBIT | $24,202,000 | $22,200,000 | $19,050,000 | $24,829,000 |
| Diluted Average Shares | $54,158,000 | $57,822,000 | $57,740,000 | $57,641,000 |
| Basic Average Shares | $53,802,000 | $57,213,000 | $56,444,000 | $56,221,000 |
| Diluted NI Availto Com Stockholders | $22,962,000 | $23,050,000 | $21,504,000 | $24,049,000 |
| Tax Provision | $4,633,000 | $2,685,000 | $1,201,000 | $2,022,000 |
| Restructuring And Mergern Acquisition | $313,000 | $2,476,000 | $0 | $0 |
| Research And Development | $13,034,000 | $16,236,000 | $17,001,000 | $17,909,000 |
| Selling General And Administration | $50,695,000 | $58,497,000 | $51,028,000 | $44,618,000 |
| Other Gand A | $29,769,000 | $33,074,000 | $28,864,000 | $28,341,000 |
| Impairment Of Capital Assets | - | - | - | $0 |
| Amortization | - | - | - | - |
Fetched: 2026-06-22
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $193,402,000 | $197,220,000 | $207,018,000 | $172,548,000 |
| Total Assets | $231,514,000 | $242,792,000 | $252,974,000 | $217,039,000 |
| Total Non Current Assets | $50,303,000 | $69,136,000 | $67,502,000 | $59,172,000 |
| Other Non Current Assets | $577,000 | $391,000 | $388,000 | $366,000 |
| Non Current Deferred Assets | $8,267,000 | $9,004,000 | $10,324,000 | $10,263,000 |
| Non Current Deferred Taxes Assets | $8,267,000 | $9,004,000 | $10,324,000 | $10,263,000 |
| Investmentin Financial Assets | $8,034,000 | $21,832,000 | $13,832,000 | - |
| Goodwill And Other Intangible Assets | $12,790,000 | $12,790,000 | $12,790,000 | $12,790,000 |
| Current Assets | $181,211,000 | $173,656,000 | $185,472,000 | $157,867,000 |
| Other Current Assets | $5,063,000 | $6,665,000 | $2,183,000 | $2,259,000 |
| Inventory | $24,260,000 | $24,906,000 | $26,149,000 | $28,366,000 |
| Receivables | $76,639,000 | $64,066,000 | $48,110,000 | $36,101,000 |
| Accounts Receivable | $76,639,000 | $64,066,000 | $46,937,000 | $34,062,000 |
| Allowance For Doubtful Accounts Receivable | $-335,000 | $-221,000 | $-138,000 | $-148,000 |
| Gross Accounts Receivable | $76,974,000 | $64,287,000 | $47,075,000 | $34,210,000 |
| Cash Cash Equivalents And Short Term Investments | $75,249,000 | $78,019,000 | $108,543,000 | $89,833,000 |
| Cash And Cash Equivalents | $48,076,000 | $29,627,000 | $68,098,000 | $56,354,000 |
| Prepaid Assets | - | $1,491,000 | $487,000 | $1,308,000 |
| Other Receivables | - | $2,776,000 | $592,000 | $1,720,000 |
| Accrued Interest Receivable | - | $637,000 | $581,000 | $319,000 |
| Current Deferred Assets | - | - | - | $784,000 |
| Other Intangible Assets | - | - | - | - |
| Debt | ||||
| Total Debt | $9,429,000 | $11,317,000 | $13,279,000 | $14,878,000 |
| Long Term Debt And Capital Lease Obligation | $6,898,000 | $9,297,000 | $11,488,000 | $13,278,000 |
| Current Debt And Capital Lease Obligation | $2,531,000 | $2,020,000 | $1,791,000 | $1,600,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $25,322,000 | $32,782,000 | $33,166,000 | $31,701,000 |
| Total Non Current Liabilities Net Minority Interest | $7,968,000 | $9,354,000 | $11,695,000 | $13,399,000 |
| Other Non Current Liabilities | $1,070,000 | $57,000 | $207,000 | $121,000 |
| Current Liabilities | $17,354,000 | $23,428,000 | $21,471,000 | $18,302,000 |
| Current Deferred Liabilities | $1,039,000 | $571,000 | $1,097,000 | $1,195,000 |
| Payables And Accrued Expenses | $13,579,000 | $19,747,000 | $17,526,000 | $14,539,000 |
| Payables | $4,515,000 | $4,056,000 | $4,077,000 | $1,082,000 |
| Total Tax Payable | $2,401,000 | $947,000 | $1,077,000 | $268,000 |
| Income Tax Payable | $2,401,000 | $947,000 | $1,077,000 | $268,000 |
| Accounts Payable | $2,114,000 | $3,109,000 | $3,000,000 | $814,000 |
| Other Payable | - | - | - | $10,479,000 |
| Equity | ||||
| Common Stock Equity | $206,192,000 | $210,010,000 | $219,808,000 | $185,338,000 |
| Total Equity Gross Minority Interest | $206,192,000 | $210,010,000 | $219,808,000 | $185,338,000 |
| Stockholders Equity | $206,192,000 | $210,010,000 | $219,808,000 | $185,338,000 |
| Gains Losses Not Affecting Retained Earnings | $-94,000 | $98,000 | $-44,000 | $-349,000 |
| Other Equity Adjustments | $-94,000 | $98,000 | $-44,000 | $-349,000 |
| Retained Earnings | $128,668,000 | $105,706,000 | $82,656,000 | $61,152,000 |
| Other | ||||
| Treasury Shares Number | $13,967,259 | $11,397,045 | $8,148,512 | $8,148,512 |
| Ordinary Shares Number | $52,806,822 | $54,785,861 | $56,880,947 | $56,076,879 |
| Share Issued | $66,774,081 | $66,182,906 | $65,029,459 | $64,225,391 |
| Tangible Book Value | $193,402,000 | $197,220,000 | $207,018,000 | $172,548,000 |
| Invested Capital | $206,192,000 | $210,010,000 | $219,808,000 | $185,338,000 |
| Working Capital | $163,857,000 | $150,228,000 | $164,001,000 | $139,565,000 |
| Capital Lease Obligations | $9,429,000 | $11,317,000 | $13,279,000 | $14,878,000 |
| Total Capitalization | $206,192,000 | $210,010,000 | $219,808,000 | $185,338,000 |
| Treasury Stock | $166,846,000 | $130,870,000 | $80,486,000 | $80,486,000 |
| Additional Paid In Capital | $244,397,000 | $235,010,000 | $217,617,000 | $204,957,000 |
| Capital Stock | $67,000 | $66,000 | $65,000 | $64,000 |
| Common Stock | $67,000 | $66,000 | $65,000 | $64,000 |
| Long Term Capital Lease Obligation | $6,898,000 | $9,297,000 | $11,488,000 | $13,278,000 |
| Current Deferred Revenue | $1,039,000 | $571,000 | $1,097,000 | $1,195,000 |
| Current Capital Lease Obligation | $2,531,000 | $2,020,000 | $1,791,000 | $1,600,000 |
| Current Provisions | $205,000 | $1,090,000 | $1,057,000 | $968,000 |
| Current Accrued Expenses | $9,064,000 | $15,691,000 | $13,449,000 | $13,457,000 |
| Investments And Advances | $8,034,000 | $21,832,000 | $13,832,000 | $3,058,000 |
| Held To Maturity Securities | $6,063,000 | $20,832,000 | $13,832,000 | - |
| Available For Sale Securities | $1,971,000 | $1,000,000 | - | - |
| Goodwill | $12,790,000 | $12,790,000 | $12,790,000 | $12,790,000 |
| Net PPE | $20,635,000 | $25,119,000 | $30,168,000 | $32,695,000 |
| Accumulated Depreciation | $-42,086,000 | $-39,094,000 | $-37,451,000 | $-33,943,000 |
| Gross PPE | $62,721,000 | $64,213,000 | $67,619,000 | $66,638,000 |
| Leases | $19,797,000 | $19,419,000 | $18,895,000 | $17,576,000 |
| Construction In Progress | $215,000 | $139,000 | $1,207,000 | $2,407,000 |
| Other Properties | $7,701,000 | $9,695,000 | $11,469,000 | $13,115,000 |
| Machinery Furniture Equipment | $35,008,000 | $34,960,000 | $36,048,000 | $33,540,000 |
| Properties | $0 | $0 | $0 | $0 |
| Inventories Adjustments Allowances | $-1,067,000 | $-803,000 | $-1,156,000 | $-502,000 |
| Finished Goods | $10,768,000 | $10,463,000 | $13,319,000 | $15,062,000 |
| Work In Process | $6,270,000 | $6,417,000 | $5,234,000 | $2,628,000 |
| Raw Materials | $8,289,000 | $8,829,000 | $8,752,000 | $11,178,000 |
| Other Short Term Investments | $27,173,000 | $48,392,000 | $40,445,000 | $33,479,000 |
| Preferred Stock | - | $0 | $0 | $0 |
Fetched: 2026-06-22
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $17,440,000 | $19,224,000 | $23,487,000 | $8,399,000 |
| Operating Activities | ||||
| Operating Cash Flow | $18,770,000 | $20,522,000 | $26,054,000 | $12,631,000 |
| Cash Flow From Continuing Operating Activities | $18,770,000 | $20,522,000 | $26,054,000 | $12,631,000 |
| Investing Activities | ||||
| Capital Expenditure | $-1,330,000 | $-1,298,000 | $-2,567,000 | $-4,232,000 |
| Investing Cash Flow | $33,985,000 | $-15,654,000 | $-19,114,000 | $-6,946,000 |
| Cash Flow From Continuing Investing Activities | $33,985,000 | $-15,654,000 | $-19,114,000 | $-6,946,000 |
| Capital Expenditure Reported | $-1,330,000 | $-1,298,000 | $-2,567,000 | $-4,232,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-35,623,000 | $-50,384,000 | $0 | $-26,654,000 |
| Issuance Of Capital Stock | $1,796,000 | $7,100,000 | $4,794,000 | $2,986,000 |
| Financing Cash Flow | $-34,534,000 | $-43,284,000 | $4,794,000 | $-23,668,000 |
| Cash Flow From Continuing Financing Activities | $-34,534,000 | $-43,284,000 | $4,794,000 | $-23,668,000 |
| Net Other Financing Charges | $-707,000 | - | - | - |
| Net Common Stock Issuance | $-33,827,000 | $-43,284,000 | $4,794,000 | $-23,668,000 |
| Common Stock Issuance | $1,796,000 | $7,100,000 | $4,794,000 | $2,986,000 |
| Other | ||||
| Income Tax Paid Supplemental Data | $1,398,000 | $1,553,000 | $505,000 | $549,000 |
| End Cash Position | $48,076,000 | $29,757,000 | $68,225,000 | $56,458,000 |
| Beginning Cash Position | $29,757,000 | $68,225,000 | $56,458,000 | $74,461,000 |
| Effect Of Exchange Rate Changes | $98,000 | $-52,000 | $33,000 | $-20,000 |
| Changes In Cash | $18,221,000 | $-38,416,000 | $11,734,000 | $-17,983,000 |
| Common Stock Payments | $-35,623,000 | $-50,384,000 | $0 | $-26,654,000 |
| Net Investment Purchase And Sale | $35,305,000 | $-14,489,000 | $-16,634,000 | $-3,816,000 |
| Sale Of Investment | $66,675,000 | $76,508,000 | $67,921,000 | $39,756,000 |
| Purchase Of Investment | $-31,370,000 | $-90,997,000 | $-84,555,000 | $-43,572,000 |
| Net PPE Purchase And Sale | $10,000 | $133,000 | $87,000 | $1,102,000 |
| Sale Of PPE | $10,000 | $133,000 | $87,000 | $1,102,000 |
| Change In Working Capital | $-16,137,000 | $-16,968,000 | $-7,693,000 | $-25,865,000 |
| Change In Other Working Capital | $468,000 | $-616,000 | $-129,000 | $-2,090,000 |
| Change In Payables And Accrued Expense | $-5,290,000 | $2,598,000 | $2,923,000 | $-924,000 |
| Change In Accrued Expense | $-3,828,000 | $1,811,000 | $294,000 | $-1,062,000 |
| Change In Payable | $-1,462,000 | $787,000 | $2,629,000 | $138,000 |
| Change In Account Payable | $-1,462,000 | $787,000 | $2,629,000 | $138,000 |
| Change In Prepaid Assets | $236,000 | $-756,000 | $-96,000 | $138,000 |
| Change In Inventory | $7,000 | $1,202,000 | $1,354,000 | $-8,282,000 |
| Change In Receivables | $-11,558,000 | $-19,396,000 | $-11,745,000 | $-14,707,000 |
| Changes In Account Receivables | $-12,687,000 | $-17,212,000 | $-12,873,000 | $-13,480,000 |
| Other Non Cash Items | $-777,000 | $293,000 | $255,000 | $-201,000 |
| Stock Based Compensation | $7,719,000 | $10,322,000 | $8,038,000 | $6,508,000 |
| Provisionand Write Offof Assets | $479,000 | $-210,000 | $771,000 | - |
| Asset Impairment Charge | $353,000 | $0 | $0 | $0 |
| Amortization Of Securities | $-326,000 | $-1,331,000 | $-862,000 | $680,000 |
| Deferred Tax | $737,000 | $1,320,000 | $-61,000 | $1,158,000 |
| Deferred Income Tax | $737,000 | $1,320,000 | $-61,000 | $1,158,000 |
| Depreciation Amortization Depletion | $3,760,000 | $4,046,000 | $4,102,000 | $6,302,000 |
| Depreciation And Amortization | $3,760,000 | $4,046,000 | $4,102,000 | $6,302,000 |
| Depreciation | $3,760,000 | $4,046,000 | $4,102,000 | $6,302,000 |
| Net Income From Continuing Operations | $22,962,000 | $23,050,000 | $21,504,000 | $24,049,000 |
Fetched: 2026-06-22