Energy Recovery (ERII) EV to FCF (2013 - 2026)
Energy Recovery's EV to FCF was 9.55 in Q2 2026, down 68.2% from 30.06 a year earlier and down 40.8% from the prior quarter.
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Analysis
Energy Recovery (ERII) EV to FCF (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Energy Recovery's EV to FCF was 3.54 through Jun 30, 2026, down 78.1% year-over-year; for FY2025, it was 36.53, down 3.4% from FY2024.
- EV to FCF has now declined for four consecutive years.
- In earlier years, EV to FCF was 37.83 in FY2024 (-7.7%), 41.01 in FY2023 (-67.5%), 126.11 in FY2022 (-22.6%) and 163.03 in FY2021 (+151.5%).
- The Q2 2026 figure marks the lowest quarterly EV to FCF since Q3 2016.
- Compared with a year earlier, EV to FCF has declined for four straight quarters, with an average decline of 17.5% over the last eight quarters.
- The best year-over-year quarter for EV to FCF over five years was Q2 2022 (growth of 626.5%); the worst was Q2 2024 (a decline of 90.5%).
- Per Business Quant data, ERII's EV to FCF in the three quarters before Q2 2026 was 16.13 (Q1 2026), 36.53 (Q4 2025) and 37.56 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - |
| 10 | LanzaTech Global | 74.74 Mn | -40.40 Mn | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.55 |
| Mar 31, 2026 | 16.13 |
| Dec 31, 2025 | 36.53 |
| Sep 30, 2025 | 37.56 |
| Jun 30, 2025 | 30.06 |
| Mar 31, 2025 | 32.79 |
| Dec 31, 2024 | 37.83 |
| Sep 30, 2024 | 39.01 |
| Jun 30, 2024 | 19.97 |
| Mar 31, 2024 | 37.91 |
| Dec 31, 2023 | 41.01 |
| Sep 30, 2023 | 68.68 |
| Jun 30, 2023 | 210.74 |
| Mar 31, 2023 | 58.96 |
| Dec 31, 2022 | 126.11 |
| Sep 30, 2022 | 147.11 |
| Jun 30, 2022 | 359.29 |
| Mar 31, 2022 | 276.55 |
| Dec 31, 2021 | 163.03 |
| Sep 30, 2021 | 119.64 |
API Access
Energy Recovery EV to FCF 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-fcf&ticker=ERII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();