Energy Recovery (ERII) Enterprise Value (2010 - 2026)
Energy Recovery's Enterprise Value was $368.54 million in Q2 2026, down 39.2% from $606.56 million a year earlier and down 15.9% from the prior quarter.
Energy Recovery (ERII) Enterprise Value (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Energy Recovery's Enterprise Value was $136.76 million through Jun 30, 2026, down 58.1% year-over-year; for FY2025, it was $637.12 million, down 12.4% from FY2024.
- Enterprise Value has now declined for four consecutive years, with a five-year compound annual growth rate of -0.5% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $727.33 million in FY2024 (-24.5%), $963.09 million in FY2023 (-9.1%), $1.06 billion in FY2022 (-5.0%) and $1.12 billion in FY2021 (+70.6%).
- The Q2 2026 figure marks the lowest quarterly Enterprise Value since Q3 2020.
- Compared with a year earlier, Enterprise Value has declined for five straight quarters, with an average decline of 20.7% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q3 2021 (growth of 174.3%); the worst was Q2 2024 (a decline of 55.0%).
- Per Business Quant data, ERII's Enterprise Value in the three quarters before Q2 2026 was $438.32 million (Q1 2026), $637.12 million (Q4 2025) and $746.57 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 368.54 Mn |
| Mar 31, 2026 | 438.32 Mn |
| Dec 31, 2025 | 637.12 Mn |
| Sep 30, 2025 | 746.57 Mn |
| Jun 30, 2025 | 606.56 Mn |
| Mar 31, 2025 | 788.13 Mn |
| Dec 31, 2024 | 727.33 Mn |
| Sep 30, 2024 | 888.15 Mn |
| Jun 30, 2024 | 666.15 Mn |
| Mar 31, 2024 | 787.89 Mn |
| Dec 31, 2023 | 963.09 Mn |
| Sep 30, 2023 | 1.11 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.06 Bn |
| Sep 30, 2022 | 1.14 Bn |
| Jun 30, 2022 | 1.00 Bn |
| Mar 31, 2022 | 1.06 Bn |
| Dec 31, 2021 | 1.12 Bn |
| Sep 30, 2021 | 974.98 Mn |
Energy Recovery Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=ERII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "ERII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();