Energy Recovery (ERII) Tax Rate (2013 - 2025)
Energy Recovery (ERII) recorded Tax Rate of 37.07% in Q2 2026, up 23.09 percentage points from 13.99% a year earlier and up 24.42 percentage points from the prior quarter.
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Analysis
Energy Recovery (ERII) Tax Rate (2013 - 2025) Analysis & Trends
On a TTM basis, Energy Recovery's Tax Rate came in at 12.76% as of Jun 30, 2026, up 3.51 percentage points year-over-year; for FY2025, it came in at 16.79%, up 6.36 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -1.09 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 10.43% in FY2024 (+5.14 pp), 5.29% in FY2023 (-2.47 pp), 7.76% in FY2022 (+9.65 pp) and -1.89% in FY2021 (-19.77 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q4 2015.
- On a year-over-year basis, Tax Rate rose in six of the last eight quarters, with an average year-over-year change of +14.16 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 243.60 percentage points in Q2 2022, against a drop of 74.23 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.66% (Q1 2026), 16.25% (Q4 2025) and 14.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 22.33% |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 28.30% |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 16.61% |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 25.18% |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | - |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 26.28% |
| 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 |
|---|---|
| Dec 31, 2025 | 16.25% |
| Sep 30, 2025 | 14.93% |
| Jun 30, 2025 | 13.99% |
| Dec 31, 2024 | 12.60% |
| Sep 30, 2024 | 3.90% |
| Dec 31, 2023 | 9.62% |
| Sep 30, 2023 | 5.09% |
| Dec 31, 2022 | 10.70% |
| Sep 30, 2022 | 7.19% |
| Mar 31, 2022 | 5.34% |
| Dec 31, 2021 | 12.11% |
| Sep 30, 2021 | 26.84% |
| Dec 31, 2020 | 11.51% |
| Sep 30, 2020 | 12.87% |
| Jun 30, 2020 | 21.32% |
| Jun 30, 2019 | 16.89% |
| Mar 31, 2019 | 17.27% |
| Sep 30, 2018 | 22.33% |
| Sep 30, 2017 | 8.20% |
| Jun 30, 2017 | 16.83% |
API Access
Energy Recovery Tax Rate 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=tax-rate&ticker=ERII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ERII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();