$ERII Market Cap: $802.3 Million
Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue
$144.9M
TTM
Gross Margin
64.73%
TTM
Net Earnings
$23.05M
TTM
Current Assets
$173.7M
Q4 2024
Current Liabilities
$23.43M
Q4 2024
Current Ratio
741.23%
Q4 2024
Total Assets
$242.8M
Q4 2024
Total Liabilities
$32.78M
Q4 2024
Book Value
$210.0M
Q4 2024
Cash
$29.63M
Q4 2024
P/E
34.81
Apr 10, 2025 EST
Free Cash Flow
$19.22M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue $144.9M $128.3M $125.6M $103.9M $119.0M $86.94M $74.52M $58.16M $49.72M $43.67M $30.43M $43.00M $42.60M $28.00M $45.90M $47.00M $52.10M $35.40M $20.10M $10.70M $4.000M $4.000M
YoY Change 12.93% 2.2% 20.87% -12.68% 36.86% 16.68% 28.13% 16.98% 13.84% 43.53% -29.24% 0.94% 52.14% -39.0% -2.34% -9.79% 47.18% 76.12% 87.85% 167.5% 0.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue $144.9M $128.3M $125.6M $103.9M $119.0M $86.94M $74.52M $58.16M $49.72M $43.67M $30.43M $43.00M $42.60M $28.00M $45.90M $47.00M $52.10M $35.40M $20.10M $10.70M $4.000M $4.000M
Cost Of Revenue $48.02M $41.27M $38.24M $32.67M $28.20M $20.30M $17.90M $19.06M $17.85M $19.11M $13.71M $17.30M $22.40M $20.20M $23.80M $17.60M $18.90M $14.90M $8.100M $4.700M $2.000M $2.000M
Gross Profit $96.93M $87.08M $87.36M $71.23M $90.70M $66.60M $56.60M $39.10M $31.87M $24.56M $16.71M $25.70M $20.20M $7.800M $22.10M $29.40M $33.20M $20.60M $11.90M $6.000M $2.000M $2.000M
Gross Profit Margin 66.87% 67.85% 69.56% 68.56% 76.23% 76.6% 75.96% 67.22% 64.1% 56.24% 54.93% 59.77% 47.42% 27.86% 48.15% 62.55% 63.72% 58.19% 59.2% 56.07% 50.0% 50.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Selling, General & Admin $58.50M $51.03M $44.62M $37.32M $33.65M $32.27M $29.02M $26.75M $25.74M $29.10M $24.66M $23.10M $22.40M $24.70M $22.70M $20.00M $17.90M $9.500M $7.000M $4.200M $2.100M $1.800M
YoY Change 14.64% 14.37% 19.55% 10.93% 4.28% 11.18% 8.51% 3.9% -11.54% 17.98% 6.77% 3.13% -9.31% 8.81% 13.5% 11.73% 88.42% 35.71% 66.67% 100.0% 16.67%
% of Gross Profit 60.35% 58.6% 51.08% 52.39% 37.1% 48.45% 51.28% 68.41% 80.78% 118.48% 147.57% 89.88% 110.89% 316.67% 102.71% 68.03% 53.92% 46.12% 58.82% 70.0% 105.0% 90.0%
Research & Development $16.24M $17.00M $17.91M $20.07M $23.45M $23.40M $17.01M $13.44M $10.14M $7.659M $9.690M $4.400M $4.800M $3.500M $3.900M $3.000M $2.400M $1.700M $1.300M $600.0K $300.0K $0.00
YoY Change -4.5% -5.07% -10.76% -14.41% 0.2% 37.56% 26.55% 32.63% 32.34% -20.96% 120.23% -8.33% 37.14% -10.26% 30.0% 25.0% 41.18% 30.77% 116.67% 100.0%
% of Gross Profit 16.75% 19.52% 20.5% 28.17% 25.85% 35.14% 30.06% 34.39% 31.81% 31.18% 57.98% 17.12% 23.76% 44.87% 17.65% 10.2% 7.23% 8.25% 10.92% 10.0% 15.0% 0.0%
Depreciation & Amortization $4.046M $4.102M $4.764M $5.939M $5.299M $4.395M $3.869M $3.666M $3.680M $3.838M $3.200M $3.800M $3.800M $4.790M $5.200M $1.180M $520.0K $320.0K $230.0K $130.0K
YoY Change -1.37% -13.9% -19.78% 12.08% 20.57% 13.6% 5.54% -0.38% -4.12% 19.94% -15.79% 0.0% -20.67% -7.88% 340.68% 126.92% 62.5% 39.13% 76.92%
% of Gross Profit 4.17% 4.71% 5.45% 8.34% 5.84% 6.6% 6.84% 9.38% 11.55% 15.63% 19.15% 14.79% 18.81% 61.41% 23.53% 4.01% 1.57% 1.55% 1.93% 2.17%
Operating Expenses $77.21M $68.03M $62.53M $57.40M $59.44M $56.24M $46.66M $40.82M $36.51M $37.39M $35.20M $28.40M $28.30M $29.60M $29.20M $23.30M $20.30M $11.20M $8.300M $4.900M $2.400M $1.800M
YoY Change 13.49% 8.8% 8.93% -3.43% 5.69% 20.53% 14.32% 11.81% -2.36% 6.24% 23.93% 0.35% -4.39% 1.37% 25.32% 14.78% 81.25% 34.94% 69.39% 104.17% 33.33%
Operating Profit $19.72M $19.05M $24.83M $13.83M $31.29M $10.36M $9.978M $9.249M $3.426M -$11.79M -$18.48M -$2.700M -$8.100M -$21.80M -$7.100M $6.100M $12.90M $9.400M $3.600M $1.100M -$400.0K $200.0K
YoY Change 3.54% -23.28% 79.52% -55.8% 201.95% 3.87% 7.88% 169.96% -129.06% -36.21% 584.56% -66.67% -62.84% 207.04% -216.39% -52.71% 37.23% 161.11% 227.27% -375.0% -300.0%
Operating Profit To Gross Profit 20.35% 21.88% 28.42% 19.42% 34.5% 15.56% 17.63% 23.66% 10.75% -48.01% -110.59% -10.51% -40.1% -279.49% -32.13% 20.75% 38.86% 45.63% 30.25% 18.33% -20.0% 10.0%
Operating Profit To Revenue 13.61% 14.84% 19.77% 13.31% 26.3% 11.92% 13.39% 15.9% 6.89% -27.0% -60.75% -6.28% -19.01% -77.86% -15.47% 12.98% 24.76% 26.55% 17.91% 10.28% -10.0% 5.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Interest Expense $6.218M $3.756M $908.0K $204.0K $0.00 $0.00 $1.000K $2.000K $3.000K $42.00K $0.00 $0.00 -$200.0K $2.000M $0.00 -$100.0K -$100.0K -$100.0K -$200.0K -$100.0K $0.00
YoY Change 65.55% 313.66% 345.1% -100.0% -50.0% -33.33% -92.86% -100.0% -110.0% -100.0% 0.0% 0.0% -50.0% 100.0%
% of Operating Profit 31.53% 19.72% 3.66% 1.47% 0.0% 0.0% 0.01% 0.02% 0.09% 0.0% -0.78% -1.06% -2.78% -18.18% 0.0%
Other Income/Expense, Net $6.011M $3.655M $1.242M $173.0K $839.0K $1.892M $1.462M $680.0K $287.0K -$181.0K $69.00K $100.0K $100.0K $200.0K -$100.0K $100.0K $900.0K $500.0K $100.0K $0.00 $0.00 $0.00
YoY Change 64.46% 194.28% 617.92% -79.38% -55.66% 29.41% 115.0% 136.93% -258.56% -362.32% -31.0% 0.0% -50.0% -300.0% -200.0% -88.89% 80.0% 400.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Pretax Income $25.74M $22.71M $26.07M $14.00M $32.13M $12.26M $11.44M $9.929M $3.713M -$11.97M -$18.41M -$2.800M -$8.500M -$25.10M -$5.200M $6.200M $13.70M $9.700M $3.600M $1.000M -$500.0K $200.0K
YoY Change 13.35% -12.91% 86.17% -56.42% 162.18% 7.13% 15.22% 167.41% -131.01% -34.98% 557.64% -67.06% -66.14% 382.69% -183.87% -54.74% 41.24% 169.44% 260.0% -300.0% -350.0%
Income Tax $2.685M $1.201M $2.022M -$265.0K $5.746M $1.343M -$10.70M -$8.400M -$6.000K -$334.0K $291.0K $300.0K -$300.0K $1.300M -$1.600M $2.500M $5.000M $3.900M $1.200M $100.0K $100.0K $0.00
% Of Pretax Income 10.43% 5.29% 7.76% -1.89% 17.88% 10.96% -93.53% -84.6% -0.16% 40.32% 36.5% 40.21% 33.33% 10.0% 0.0%
Net Earnings $23.05M $21.50M $24.05M $14.27M $26.39M $10.91M $22.09M $18.35M $3.719M -$11.64M -$18.71M -$3.100M -$8.300M -$26.40M -$3.600M $3.700M $8.700M $5.800M $2.400M $900.0K -$500.0K $200.0K
YoY Change 7.19% -10.58% 68.54% -45.92% 141.79% -50.6% 20.37% 393.52% -131.96% -37.78% 503.39% -62.65% -68.56% 633.33% -197.3% -57.47% 50.0% 141.67% 166.67% -280.0% -350.0%
Net Earnings / Revenue 15.9% 16.75% 19.15% 13.73% 22.18% 12.55% 29.65% 31.56% 7.48% -26.65% -61.48% -7.21% -19.48% -94.29% -7.84% 7.87% 16.7% 16.38% 11.94% 8.41% -12.5% 5.0%
Basic Earnings Per Share $0.40 $0.38 $0.43 $0.25 $0.47 $0.20 $0.41 $0.34 $0.07 -$0.22 -$0.36
Diluted Earnings Per Share $0.40 $0.37 $0.42 $0.24 $0.47 $0.19 $0.40 $0.33 $0.07 -$0.22 -$0.36 -$60.67K -$161.2K -$501.9K -$69.10K $70.34K $183.5K $140.1K $59.70K $23.38K -$15.53K $6.079K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Cash & Short-Term Investments $78.02M $108.5M $89.83M $105.7M $114.7M $85.10M $95.30M $97.80M $100.4M $100.2M $28.60M $20.20M $26.10M $30.20M $55.30M $59.10M $79.30M $200.0K $0.00
YoY Change -28.12% 20.83% -15.0% -7.86% 34.78% -10.7% -2.56% -2.59% 0.2% 250.35% 41.58% -22.61% -13.58% -45.39% -6.43% -25.47% 39550.0%
Cash & Equivalents $29.63M $68.10M $56.35M $74.36M $94.30M $26.40M $22.00M $27.80M $61.40M $99.90M $15.50M $14.40M $16.60M $18.50M $55.30M $59.10M $79.30M $200.0K $0.00
Short-Term Investments $48.39M $40.45M $33.48M $31.33M $20.40M $58.70M $73.30M $70.00M $39.10M $300.0K $13.10M $5.900M $9.500M $11.70M $0.00
Other Short-Term Assets $3.252M $3.251M $3.886M $5.075M $5.000M $4.000M $1.100M $3.300M $3.300M $3.200M $4.000M $5.700M $11.20M $12.50M $11.10M $8.400M $3.000M $1.800M $1.400M
YoY Change 0.03% -16.34% -23.43% 1.5% 25.0% 263.64% -66.67% 0.0% 3.13% -20.0% -29.82% -49.11% -10.4% 12.61% 32.14% 180.0% 66.67% 28.57%
Inventory $24.91M $26.15M $28.37M $20.38M $11.70M $10.30M $7.700M $5.600M $6.400M $6.700M $8.300M $5.200M $5.100M $7.800M $9.800M $10.40M $8.500M $4.800M $2.900M
Prepaid Expenses
Receivables $66.84M $47.53M $35.78M $20.62M $11.80M $13.50M $14.30M $18.70M $11.90M $13.50M $12.30M $20.70M $18.30M $7.600M $11.90M $18.20M $25.60M $15.50M $6.700M
Other Receivables $637.0K $0.00 $0.00 $0.00 $0.00 $0.00 $1.200M $700.0K $300.0K $0.00 $100.0K $100.0K $100.0K $200.0K $0.00 $0.00 $0.00 $0.00 $100.0K
Total Short-Term Assets $173.7M $185.5M $157.9M $151.8M $143.2M $113.0M $119.6M $126.1M $122.4M $123.5M $53.20M $51.90M $60.90M $58.30M $88.20M $96.20M $116.3M $22.30M $11.10M
YoY Change -6.37% 17.49% 4.02% 5.98% 26.73% -5.52% -5.15% 3.02% -0.89% 132.14% 2.5% -14.78% 4.46% -33.9% -8.32% -17.28% 421.52% 100.9%
Property, Plant & Equipment $25.12M $30.17M $32.70M $35.01M $36.30M $30.00M $26.80M $16.20M $8.600M $10.60M $13.20M $13.90M $16.00M $16.20M $22.30M $17.00M $1.800M $1.700M $1.100M
YoY Change -16.74% -7.73% -6.62% -3.54% 21.0% 11.94% 65.43% 88.37% -18.87% -19.7% -5.04% -13.13% -1.23% -27.35% 31.18% 844.44% 5.88% 54.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $21.83M $13.83M $3.058M $2.298M $0.00 $15.40M $1.300M $0.00 $300.0K $13.70M $4.800M $11.20M $0.00
YoY Change 57.84% 352.32% 33.07% -100.0% 1084.62% -100.0% -97.81% 185.42% -57.14%
Other Assets $9.395M $10.71M $10.63M $11.79M $12.00M $17.30M $18.70M $8.100M $3.400M $2.300M $2.900M $4.500M $4.400M $5.200M $2.300M $6.100M $200.0K $1.400M $400.0K
YoY Change -12.29% 0.78% -9.83% -1.77% -30.64% -7.49% 130.86% 138.24% 47.83% -20.69% -35.56% 2.27% -15.38% 126.09% -62.3% 2950.0% -85.71% 250.0%
Total Long-Term Assets $69.14M $67.50M $59.17M $61.93M $61.10M $75.80M $60.20M $38.40M $26.70M $28.30M $32.70M $50.00M $43.70M $52.40M $45.70M $46.80M $4.300M $5.900M $2.400M
YoY Change 2.42% 14.08% -4.45% 1.35% -19.39% 25.91% 56.77% 43.82% -5.65% -13.46% -34.6% 14.42% -16.6% 14.66% -2.35% 988.37% -27.12% 145.83%
Total Assets $242.8M $253.0M $217.0M $213.7M $204.3M $188.8M $179.8M $164.5M $149.1M $151.8M $85.90M $101.9M $104.6M $110.7M $133.9M $143.0M $120.6M $28.20M $13.50M
YoY Change
Accounts Payable $3.109M $3.000M $814.0K $909.0K $1.100M $1.200M $1.400M $4.100M $1.500M $1.900M $1.800M $1.200M $2.200M $1.500M $1.400M $2.000M $2.300M $1.700M $1.100M
YoY Change 3.63% 268.55% -10.45% -17.36% -8.33% -14.29% -65.85% 173.33% -21.05% 5.56% 50.0% -45.45% 46.67% 7.14% -30.0% -13.04% 35.29% 54.55%
Accrued Expenses $17.71M $15.24M $15.33M $14.68M $12.30M $10.30M $8.900M $9.600M $9.000M $7.800M $8.400M $8.000M $8.600M $6.500M $4.300M $6.400M $4.800M $1.900M $1.700M
YoY Change 16.21% -0.55% 4.4% 19.34% 19.42% 15.73% -7.29% 6.67% 15.38% -7.14% 5.0% -6.98% 32.31% 51.16% -32.81% 33.33% 152.63% 11.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $300.0K $500.0K $200.0K $200.0K $500.0K
YoY Change -100.0% -33.33% -40.0% 150.0% 0.0% -60.0%
Total Short-Term Liabilities $23.43M $21.47M $18.30M $19.79M $15.70M $27.80M $27.10M $30.40M $17.20M $16.00M $11.50M $10.70M $12.90M $9.900M $10.30M $17.50M $13.20M $7.500M $5.200M
YoY Change 9.11% 17.32% -7.5% 26.02% -43.53% 2.58% -10.86% 76.74% 7.5% 39.13% 7.48% -17.05% 30.3% -3.88% -41.14% 32.58% 76.0% 44.23%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $600.0K $400.0K $600.0K $200.0K
YoY Change -100.0% -66.67% 50.0% -33.33% 200.0%
Other Long-Term Liabilities $9.354M $11.70M $13.40M $15.13M $17.00M $24.90M $39.30M $42.20M $64.50M $69.70M $2.500M $2.200M $2.600M $2.300M $2.200M $3.900M $0.00 $0.00
YoY Change -20.02% -12.72% -11.42% -11.02% -31.73% -36.64% -6.87% -34.57% -7.46% 2688.0% 13.64% -15.38% 13.04% 4.55% -43.59%
Total Long-Term Liabilities $9.354M $11.70M $13.40M $15.13M $17.00M $24.90M $39.30M $42.20M $64.50M $69.70M $2.500M $2.200M $2.600M $2.300M $2.400M $4.500M $400.0K $600.0K $200.0K
YoY Change -20.02% -12.72% -11.42% -11.02% -31.73% -36.64% -6.87% -34.57% -7.46% 2688.0% 13.64% -15.38% 13.04% -4.17% -46.67% 1025.0% -33.33% 200.0%
Total Liabilities $32.78M $33.17M $31.70M $34.91M $32.70M $52.80M $66.50M $72.60M $83.90M $88.10M $16.00M $15.00M $17.20M $13.80M $13.10M $22.00M $13.60M $8.200M $5.400M
YoY Change -1.16% 4.62% -9.19% 6.76% -38.07% -20.6% -8.4% -13.47% -4.77% 450.63% 6.67% -12.79% 24.64% 5.34% -40.45% 61.76% 65.85% 51.85%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Basic Shares Outstanding 57.21M shares 56.44M shares 56.22M shares 56.99M shares 55.71M shares 54.74M shares 53.76M shares 53.70M shares 52.34M shares 52.15M shares 51.68M
Diluted Shares Outstanding 57.82M shares 57.74M shares 57.64M shares 58.72M shares 56.64M shares 56.07M shares 55.34M shares 55.61M shares 55.45M shares 52.15M shares 51.68M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $802.35 Million

About Energy Recovery, Inc.

Energy Recovery, Inc. engages in the design and manufacture of industrial fluid flow solutions. The company is headquartered in San Leandro, California and currently employs 254 full-time employees. The company went IPO on 2008-07-02. The firm designs and manufactures solutions that provide cost savings through improved energy efficiency in commercial and industrial processes, with applications across several industries. Its segments include Water and Emerging Technologies. The Water segment develops, sales and supports PX, hydraulic turbochargers and pumps used in seawater desalination and wastewater treatment activities. The Emerging Technologies segment develops, sales and supports activities related to emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. Its solutions are marketed, sold in, or developed for, the fluid-flow and gas markets, such as seawater and wastewater desalination, natural gas, chemical processing and CO2-based refrigeration systems, under the trademarks ERI, PX, Pressure Exchanger, PX Pressure Exchanger (PX), Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold.

Industry: Special Industry Machinery, NEC Peers: Enerpac Tool Group Corp BARNES GROUP INC HELIOS TECHNOLOGIES, INC. Hillman Solutions Corp. ILLINOIS TOOL WORKS INC KENNAMETAL INC Mueller Water Products Inc Proto Labs Inc Standex International Corp Tennant Co