Energy Recovery ERII

NASDAQ ERII
$7.39 +0.24 (+3.36%)
At close: Nov 9, 2026 · 4:00 PM EST

Energy Recovery (ERII) stock price is $7.39, up 3.36% on the day, as of Nov 9, 2026. It has a market cap of $374.69Mn and a P/E ratio of 72.97, and is classified in the Water Treatment industry (Industrials sector).

Key Stats
Market Cap374.69 Mn
P/E72.97
FCF (Yr)17.44 Mn
ROA (Yr)9.68
EV to EBIT47.79
Net Income (Yr)22.96 Mn
Enterprise Value37.14 Mn
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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

Geographical Breakdown of Revenue (2025)

History

Segments Breakdown of Revenue (2025)

History
Peer percentiles

How Energy Recovery ranks

Ranked against the 21 companies in Environmental Equipment58 metrics · as of Nov 6, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/E 66.6xMedian 36.2x 67th
  • P/FCF 10.5xMedian 25.4x 95th
  • P/Operating cash flow 9.70xMedian 21.3x 94th
  • P/S 3.42xMedian 2.55x 35th
  • P/B 2.07xMedian 1.82x 44th
  • P/Tangible book 2.07xMedian 2.03x 47th
  • EV/EBITDA 54.6xMedian 22.1x 67th
  • EV/EBIT 332xMedian 25.2x 69th
  • EV/Revenue 2.59xMedian 2.59x 50th
  • EV/FCF 7.97xMedian 27.1x 99th
  • EV/Operating cash flow 7.34xMedian 22.6x 99th
  • PEG (3Y EPS CAGR)EPS is not growing −2.41Median 2.08 Not meaningful —
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. 85.97 Bn41.284.9513.19 Bn
2 VLTO Veralto Corp 28.80 Bn28.744.962.92 Bn
3 XYL Xylem Inc. 23.13 Bn21.382.552.90 Bn
4 BMI Badger Meter Inc 4.57 Bn36.105.18-
5 CECO Ceco Environmental Corp 2.30 Bn-75.042.540.73 Bn
6 NWPX NWPX Infrastructure, Inc. 0.88 Bn16.511.460.02 Bn
7 ERII Energy Recovery, Inc. 0.37 Bn72.973.76-
8 CDZI Cadiz Inc 0.32 Bn-7.6427.030.09 Bn