Energy Recovery (ERII) EV to CFO (2013 - 2026)
Energy Recovery's (ERII) EV to CFO stood at 8.93 in Q2 2026, down 69.4% from 29.20 a year earlier and down 40.7% from the prior quarter.
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Analysis
Energy Recovery (ERII) EV to CFO (2013 - 2026) Analysis & Trends
On a TTM basis, Energy Recovery's EV to CFO came in at 3.31 as of Jun 30, 2026, down 78.9% year-over-year; for FY2025, it was 33.94, down 4.2% from FY2024.
- Annual EV to CFO has declined for three straight years.
- Across earlier years, EV to CFO came in at 35.44 in FY2024 (-4.1%), 36.97 in FY2023 (-55.9%), 83.86 in FY2022 (+1.7%) and 82.47 in FY2021 (+112.8%).
- The Q2 2026 figure is the lowest quarterly EV to CFO since Q2 2016.
- On a year-over-year basis, EV to CFO has declined for three consecutive quarters, with an average decline of 14.2% over the last eight quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 200.2% in Q3 2021, against a decline of 87.9% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.05 (Q1 2026), 33.94 (Q4 2025) and 36.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 80.43 Bn | 72.18 Bn | 1.95 Bn |
| 2 | Xylem | 25.04 Bn | 20.29 Bn | 963.00 Mn |
| 3 | Veralto | 24.75 Bn | 17.39 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.80 Bn | 3.07 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 2.53 Bn | 2.36 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 950.31 Mn | 911.78 Mn | 34.36 Mn |
| 7 | Energy Recovery | 339.66 Mn | 14.82 Mn | 8.96 Mn |
| 8 | Cadiz | 332.38 Mn | 300.83 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 212.34 Mn | 91.97 Mn | - |
| 10 | LanzaTech Global | 59.00 Mn | -56.13 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.93 |
| Mar 31, 2026 | 15.05 |
| Dec 31, 2025 | 33.94 |
| Sep 30, 2025 | 36.16 |
| Jun 30, 2025 | 29.20 |
| Mar 31, 2025 | 31.90 |
| Dec 31, 2024 | 35.44 |
| Sep 30, 2024 | 35.04 |
| Jun 30, 2024 | 18.45 |
| Mar 31, 2024 | 32.97 |
| Dec 31, 2023 | 36.97 |
| Sep 30, 2023 | 59.79 |
| Jun 30, 2023 | 153.13 |
| Mar 31, 2023 | 52.43 |
| Dec 31, 2022 | 83.86 |
| Sep 30, 2022 | 90.81 |
| Jun 30, 2022 | 105.84 |
| Mar 31, 2022 | 89.28 |
| Dec 31, 2021 | 82.47 |
| Sep 30, 2021 | 70.58 |
API Access
Energy Recovery EV to CFO 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=ev-to-cfo&ticker=ERII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();