Energy Recovery (ERII) FCF Margin (2010 - 2026)
Energy Recovery (ERII) recorded FCF Margin of 128.63% in Q2 2026, up 114.34 percentage points from 14.30% a year earlier but down 79.72 percentage points from the prior quarter.
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Analysis
Energy Recovery (ERII) FCF Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Energy Recovery's FCF Margin came in at 32.01% as of Jun 30, 2026, up 17.78 percentage points year-over-year; for FY2025, it came in at 12.92%, down 0.34 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +4.44 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 13.26% in FY2024 (-5.04 pp), 18.30% in FY2023 (+11.61 pp), 6.69% in FY2022 (+0.10 pp) and 6.58% in FY2021 (-1.89 pp).
- Quarterly FCF Margin has ranged from -32.25% in Q3 2021 to 208.36% in Q1 2026 over the past five years.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of +27.27 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 114.34 percentage points in Q2 2026, against a drop of 65.22 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 208.36% (Q1 2026), 9.59% (Q4 2025) and -10.85% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.88 Bn | 69.66 Bn | 1.95 Bn | 11.08% |
| 2 | Veralto | 23.60 Bn | 16.25 Bn | 902.00 Mn | 22.25% |
| 3 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 8.60% |
| 4 | Badger Meter | 3.65 Bn | 2.92 Bn | 90.77 Mn | 9.84% |
| 5 | Ceco Environmental | 3.06 Bn | 2.89 Bn | 86.47 Mn | -8.50% |
| 6 | NWPX Infrastructure | 986.65 Mn | 948.13 Mn | 34.36 Mn | 6.18% |
| 7 | Energy Recovery | 345.43 Mn | 20.59 Mn | 8.96 Mn | 128.63% |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 289.72 Mn | 169.35 Mn | - | - |
| 10 | LanzaTech Global | 77.10 Mn | -38.04 Mn | 1.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 128.63% |
| Mar 31, 2026 | 208.36% |
| Dec 31, 2025 | 9.59% |
| Sep 30, 2025 | -10.85% |
| Jun 30, 2025 | 14.30% |
| Mar 31, 2025 | 130.03% |
| Dec 31, 2024 | 13.20% |
| Sep 30, 2024 | -8.22% |
| Jun 30, 2024 | 28.94% |
| Mar 31, 2024 | 46.92% |
| Dec 31, 2023 | 21.67% |
| Sep 30, 2023 | 20.03% |
| Jun 30, 2023 | -22.70% |
| Mar 31, 2023 | 62.52% |
| Dec 31, 2022 | 12.13% |
| Sep 30, 2022 | -5.82% |
| Jun 30, 2022 | 42.48% |
| Mar 31, 2022 | -10.99% |
| Dec 31, 2021 | 13.24% |
| Sep 30, 2021 | -32.25% |
API Access
Energy Recovery FCF Margin 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=fcf-margin&ticker=ERII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();