Energy Recovery/$ERII
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Energy Recovery
Energy Recovery Inc designs and manufactures energy-saving technologies. The firm uses its proprietary pressure exchanger technology to help customers in multiple industries improve their operations and lower their emissions. Using its proprietary technology, it offers energy recovery devices, including pressure exchangers, pumps, and turbochargers, mainly used for seawater desalination and wastewater treatment. Additionally, the company is involved in the development of emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. The firm's reportable operating segments are: Water, which generates maximum revenue, and Emerging Technologies. Geographically, it generates maximum revenue from the Middle East, and the rest from other markets.
- Ticker
- $ERII
- Sector
- Industrials
- Primary listing
- NASDAQ
- Employees
- 230
- Headquarters
- San Leandro, United States
- Website
- www.energyrecovery.com
Energy Recovery Metrics
BasicAdvanced
$363M
77.79
$0.09
0.90
-
Price and volume
Market cap
$363M
Beta
0.9
52-week high
$16.30
52-week low
$6.25
Average daily volume
862K
Financial strength
Current ratio
7.224
Quick ratio
4.714
Long term debt to equity
0.034
Total debt to equity
0.052
Profitability
EBITDA (TTM)
10.185
Gross margin (TTM)
62.59%
Net profit margin (TTM)
5.15%
Operating margin (TTM)
6.25%
Effective tax rate (TTM)
-34.11%
Revenue per employee (TTM)
$430,000
Management effectiveness
Return on assets (TTM)
1.94%
Return on equity (TTM)
2.97%
Valuation
Price to earnings (TTM)
77.787
Price to revenue (TTM)
3.727
Price to book
2.21
Price to tangible book (TTM)
2.37
Price to free cash flow (TTM)
11.491
Free cash flow yield (TTM)
8.70%
Free cash flow per share (TTM)
0.622
Growth
Revenue change (TTM)
-26.20%
Earnings per share change (TTM)
-74.23%
3-year revenue growth (CAGR)
-4.19%
10-year revenue growth (CAGR)
6.52%
3-year earnings per share growth (CAGR)
-30.15%
10-year earnings per share growth (CAGR)
10.46%
What the Analysts think about Energy Recovery
Analyst ratings (Buy, Hold, Sell) for Energy Recovery stock.
Analyst projections of the future price of Energy Recovery stock.
Bulls say / Bears say
Megaproject activity is beginning to recover: Energy Recovery reported more than $30 million of new contracts in the 30 days before its Q3 call, a backlog above $60 million and visibility to at least $50 million of megaproject revenue in 2027. Its pipeline also reached a record $525 million, although conversion and delivery timing remain important. (The Motley Fool)
The new PX Q650 is gaining commercial traction, with a contract for a major Saudi plant following earlier orders and the product being specified at other large desalination sites. That could reinforce Energy Recovery’s position as large-scale desalination projects move towards higher capacity. (Energy Recovery)
The company has financial room to manage a weak period, with $85.6 million in cash and investments and no debt at the end of Q3. It has also cut quarterly operating expenses by 17.2% year on year, helping to contain costs while project activity recovers. (Energy Recovery)
Trading conditions have deteriorated sharply: Q3 revenue fell 65% year on year to $11.2 million, gross margin dropped to 37.5% from 64.2%, and the company recorded a $6.3 million net loss. Lower volume and product mix are putting pressure on profitability as well as sales. (Energy Recovery)
Management has not restored financial guidance because it still cannot reliably predict when large project shipments will occur, leaving quarterly revenue exposed to further delays. The Middle East conflict has already disrupted project execution, and the company has significant regional exposure. (The Motley Fool, Energy Recovery)
Weakness is not limited to megaproject deliveries: Q3 wastewater revenue fell to $476,000 from $2.8 million a year earlier, while aftermarket sales declined 13%. Management also described near-term aftermarket destocking as customers with tight budgets hold fewer spare parts. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 6 Nov 2026.
Energy Recovery Financial Performance
Revenues and expenses
Energy Recovery Earnings Performance
Company profitability
Upcoming events
No upcoming events
Energy Recovery News
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Funds containing Energy Recovery
Fund name | Fund size | $ERII weighting |
|---|---|---|
L&G Clean Water$GLUG | $772M | 1.67% |
L&G Clean Water£GLGG | $772M | 1.67% |
iShares Global Water£IH2O | $2.2B | 0.11% |
iShares Global Water€IQQQ | $2.1B | 0.11% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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