Energy Recovery ERII

NASDAQ ERII
$6.66 +0.01 (+0.15%)
At close: Oct 19, 2026 · 4:00 PM EDT

Energy Recovery (ERII) stock price is $6.66, up 0.15% on the day, as of Oct 19, 2026. It has a market cap of $342.49Mn and a P/E ratio of 22.33, and is classified in the Water Treatment industry (Industrials sector).

Key Stats
Market Cap342.49 Mn
P/E22.33
P/S2.84
Div. Yield0.00
Revenue Growth (1y) (Qtr)-57.24
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About

Energy Recovery, Inc. designs and manufactures energy saving technology for critical infrastructure using its pressure exchanger platform to improve efficiency and lower emissions in water treatment and refrigeration applications. The core product is a pressure exchanger that captures and transfers pressure energy from high pressure fluid streams to low pressure streams, reducing the energy needed for pumps and compressors. This technology is applied in seawater…

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Sector: Industrials Sector rationale The company designs and manufactures capital equipment, specifically pressure exchangers, pumps, and turbochargers, which are sold as industrial machinery for water treatment and refrigeration. Its revenue model is based on selling these hardware devices and providing related engineering and support services to project developers, municipal utilities, and industrial users. Industries: Water Treatment Water Treatment Primary The company's core business is the design and manufacture of pressure exchangers, pumps, and turbochargers specifically for seawater desalination, brackish water desalination, and wastewater treatment. These products are sold to municipal water utilities, project developers, and industrial water treatment operators to improve efficiency in reverse osmosis installations. HVAC HVAC Secondary Through its Emerging Technologies segment, the company sells pressure exchanger based solutions (such as the PX G1300) for carbon dioxide refrigeration systems. These products are sold to supermarket chains and cold storage facilities to reduce compressor workload and improve cooling capacity. Classified using BQ-MICS CIK: 0001421517

Segments Breakdown of Revenue (2025)

History

Statement Geographical Breakdown of Revenue (2025)

History
Peer percentiles

How Energy Recovery ranks

Ranked against the 22 companies in Environmental Equipment58 metrics · as of Oct 16, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/E 22.3xMedian 25.0x 94th
  • P/FCF 8.80xMedian 24.0x 99th
  • P/Operating cash flow 8.23xMedian 20.3x 99th
  • P/S 2.82xMedian 2.72x 41st
  • P/B 1.97xMedian 1.97x 50th
  • P/Tangible book 1.97xMedian 2.41x 59th
  • EV/EBITDA 13.7xMedian 17.9x 93rd
  • EV/EBIT 17.3xMedian 19.8x 94th
  • EV/Revenue 2.05xMedian 2.83x 57th
  • EV/FCF 6.39xMedian 24.3x 99th
  • EV/Operating cash flow 5.98xMedian 20.7x 99th
  • PEG (3Y EPS CAGR) 1.33Median 1.48 Too few peers —
Peer group

Peer Comparison

Companies in the Water Treatment
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 ECL Ecolab Inc. 80.12 Bn37.864.7613.18 Bn
2 VLTO Veralto Corp 24.64 Bn24.934.333.38 Bn
3 XYL Xylem Inc. 24.48 Bn24.052.682.93 Bn
4 BMI Badger Meter Inc 3.68 Bn29.274.18-
5 CECO Ceco Environmental Corp 2.49 Bn-81.472.760.73 Bn
6 NWPX NWPX Infrastructure, Inc. 0.94 Bn19.311.640.01 Bn
7 ERII Energy Recovery, Inc. 0.34 Bn22.332.84-
8 CDZI Cadiz Inc 0.33 Bn-8.1423.300.09 Bn