Energy Recovery (ERII) Financials: Revenue & Earnings
ERII$6.92+0.06 +0.80%
$352.98M
Market Cap
23.42
P/E
42.69
Forward P/E
70
Score
Energy Recovery (ERII) Financials: Revenue & Earnings
ERII price $6.92 +0.06 +0.80%
- Ticker
- ERII
- Price
- $6.92
- Change
- +0.06 +0.80%
- Market cap ?
- $352.98M
- P/E ?
- 23.42
- Forward P/E ?
- 42.69
- Dividend yield ?
- 0.00%
- Beta ?
- 0.91
- Sector
- Industrials
- Industry
- Industrial - Pollution & Treatment Controls
- Stocklytics score
- 70
- Value
- 86
- Quality
- 80
- Growth
- 45
Stocklytics score rationale: value 86, quality 80, growth 45.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 54715000 | 63156000 | 74515000 | 72834000 | 92091000 | 103904000 | 125591000 | 128349000 | 144948000 | 134702000 |
Energy Recovery, Inc. (ERII) is a global technology firm that engineers, manufactures, and distributes cutting-edge solutions predominantly for the seawater reverse osmosis (SWRO) desalination and industrial wastewater treatment industries. The company manages its operations through two distinct divisions: Water and Emerging Technologies. Its extensive product range includes advanced energy recovery devices…
Fair value
ERII fair value $8.83. Price $6.92. Price is 22% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 98% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 38.60M. Growth 0.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.30% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 51.04M. Net debt -38.65M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | -0.06 | — | 16.15M |
| 2026-08-05 | -0.03 | -0.02 | 12.00M | 18.36M |
| 2026-05-06 | -0.23 | -0.10 | 9.71M | 8.37M |
| 2026-02-25 | 0.53 | 0.67 | 66.90M | 82.59M |
| 2025-11-05 | 0.12 | 0.09 | 32.00M | 29.94M |
| 2025-08-06 | 0.07 | 0.02 | 28.05M | 25.41M |
| 2025-05-07 | -0.13 | -0.01 | 8.06M | 21.91M |
| 2025-02-26 | 0.41 | 0.41 | 67.08M | 67.27M |
| 2024-10-30 | 0.15 | 0.09 | 38.58M | 37.37M |
| 2024-07-31 | -0.01 | -0.11 | 27.20M | 22.88M |
| 2024-05-01 | -0.14 | -0.11 | 12.09M | 13.50M |
| 2024-02-21 | 0.34 | 0.38 | 57.19M | 63.49M |
| 2023-11-01 | 0.17 | 0.05 | 37.00M | 31.29M |
| 2023-08-02 | -0.03 | -0.01 | 20.72M | 24.51M |
| 2023-05-03 | -0.08 | -0.12 | 13.40M | 13.04M |
| 2023-02-22 | 0.24 | 0.15 | 42.29M | 40.72M |
| 2022-11-02 | 0.09 | 0.10 | 30.46M | 34.33M |
| 2022-08-03 | -0.04 | -0.04 | 20.29M | 22.67M |
| 2022-05-04 | 0.14 | 0.06 | 32.55M | 28.25M |
| 2022-02-24 | 0.09 | 0.11 | 33.58M | 31.77M |
| 2021-11-04 | 0.02 | -0.01 | 20.78M | 20.60M |
| 2021-08-05 | 0.02 | -0.01 | 20.61M | 21.93M |
| 2021-05-06 | 0.12 | 0.06 | 28.94M | 27.33M |
| 2021-03-11 | 0.06 | 0.04 | 26.43M | 25.06M |
| 2020-10-29 | 0.10 | 0.03 | 27.41M | 27.77M |
| 2020-07-30 | 0.33 | 0.10 | 19.26M | 13.21M |
| 2020-04-30 | 0.01 | 0.02 | 19.00M | 21.54M |
| 2020-03-05 | -0.01 | -0.02 | 15.78M | 39.00M |
| 2019-10-31 | 0.07 | 0.03 | 24.85M | 20.50M |
| 2019-08-01 | 0.07 | 0.05 | 22.80M | 16.28M |
| 2019-05-02 | 0.05 | 0.03 | 19.80M | 16.45M |
| 2019-03-07 | 0.03 | 0.01 | 17.70M | 5.90M |
| 2018-11-01 | 0.08 | 0.06 | 22.24M | 16.68M |
| 2018-08-02 | 0.07 | 0.01 | 20.76M | 2.97M |
| 2018-05-03 | 0.01 | -0.03 | 13.81M | 13.81M |
| 2018-03-07 | 0.06 | 0.12 | 22.39M | 47.34M |
| 2017-11-01 | 0.03 | — | 15.08M | — |
| 2017-08-02 | -0.01 | 0.01 | 12.17M | 13.91M |
| 2017-05-03 | -0.01 | 0.01 | 13.51M | 14.49M |
| 2017-03-08 | 0.06 | 0.03 | 17.92M | 10.49M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-28 | Clemente Rodney | Sell | 5.39K | $8.56 | 46.11K |
| 2026-07-28 | Yeung William | Sell | 2.05K | $8.56 | 17.53K |
| 2026-07-27 | Clemente Rodney | Sell | 2.32K | $8.42 | 19.53K |
| 2026-07-27 | Yeung William | Sell | 2.83K | $8.42 | 23.81K |
| 2026-07-09 | Mitchell John Joseph | Buy | 15.19K | — | — |
| 2026-07-09 | Mitchell John Joseph | Buy | 16.80K | — | — |
| 2026-07-09 | Mitchell John Joseph | Other | 0 | — | — |
| 2026-06-15 | Sabol Colin R | Buy | 11.18K | $8.88 | 99.27K |
| 2026-06-15 | BUEHLER ALEXANDER J | Buy | 15.33K | $8.60 | 131.81K |
| 2026-06-15 | BUEHLER ALEXANDER J | Sell | 14.90K | $8.71 | 129.78K |
| 2026-06-15 | BUEHLER ALEXANDER J | Sell | 15.33K | $8.60 | 131.81K |
| 2026-06-04 | TONDREAU PAMELA L. | Buy | 22.32K | $8.29 | 185.00K |
| 2026-06-04 | Chow Joan Kai | Buy | 18.09K | $8.29 | 150.00K |
| 2026-06-04 | Sabol Colin R | Buy | 18.09K | $8.29 | 150.00K |
| 2026-06-04 | Hanstveit Arve | Buy | 18.09K | $8.29 | 150.00K |
| 2026-05-13 | TONDREAU PAMELA L. | Buy | 20.00K | $8.34 | 166.84K |
| 2026-05-06 | Ryan Aidan | Buy | 18.52K | $11.61 | 214.99K |
| 2026-05-05 | Ryan Aidan | Other | 0 | — | — |
| 2026-05-05 | Ryan Aidan | Other | 14.89K | $16.19 | 241.02K |
| 2026-04-06 | Hanstveit Arve | Sell | 2.42K | $10.29 | 24.89K |
| 2026-04-02 | Hanstveit Arve | Sell | 165.29K | $10.14 | 1.68M |
| 2026-03-10 | Hanstveit Arve | Sell | 25.00K | $10.96 | 273.98K |
| 2026-03-06 | Hanstveit Arve | Sell | 11.58K | $10.62 | 122.94K |
| 2026-03-05 | Hanstveit Arve | Sell | 38.42K | $10.71 | 411.46K |
| 2026-03-05 | Ramanan Natarajan | Sell | 272 | $10.57 | 2.88K |
| 2026-03-04 | Clemente Rodney | Sell | 20.57K | $10.61 | 218.31K |
| 2026-03-03 | Ramanan Natarajan | Sell | 2.72K | $10.22 | 27.84K |
| 2026-02-17 | Mancini Michael S. | Buy | 45.63K | — | — |
| 2026-02-17 | Moon David W | Buy | 81.81K | — | — |
| 2026-02-17 | Yeung William | Buy | 25.96K | — | — |
| 2026-02-17 | Ramanan Natarajan | Buy | 29.11K | — | — |
| 2026-02-17 | Clemente Rodney | Buy | 45.63K | — | — |
| 2026-02-17 | Hostetler Matthew | Buy | 25.96K | — | — |
| 2026-02-06 | Yeung William | Sell | 646 | $15.14 | 9.78K |
| 2026-02-05 | Yeung William | Sell | 890 | $14.59 | 12.99K |
| 2026-02-05 | Clemente Rodney | Sell | 724 | $14.59 | 10.56K |
| 2026-02-02 | Yeung William | Sell | 729 | $14.46 | 10.54K |
| 2026-01-30 | Clemente Rodney | Sell | 694 | $14.65 | 10.17K |
| 2026-01-30 | Clemente Rodney | Sell | 8.40K | $14.30 | 120.08K |
| 2026-01-30 | Hostetler Matthew | Sell | 3.36K | $14.30 | 48.03K |
| 2026-01-30 | Mancini Michael S. | Sell | 4.80K | $14.30 | 68.61K |
| 2026-01-30 | Moon David W | Sell | 17.16K | $14.30 | 245.39K |
| 2026-01-30 | Yeung William | Sell | 1.00K | $14.65 | 14.69K |
| 2026-01-30 | Yeung William | Sell | 8.62K | $14.30 | 123.29K |
| 2026-01-28 | Yeung William | Sell | 7.27K | $14.55 | 105.79K |
| 2025-12-05 | Hanstveit Arve | Sell | 15.00K | $14.71 | 220.60K |
| 2025-12-04 | Hanstveit Arve | Sell | 15.00K | $14.97 | 224.50K |
| 2025-10-24 | Yeung William | Buy | 5.64K | $10.19 | 57.45K |
| 2025-10-24 | Yeung William | Buy | 3.53K | $7.50 | 26.48K |
| 2025-10-24 | Yeung William | Sell | 3.53K | $18.00 | 63.54K |
| 2025-10-24 | Yeung William | Sell | 5.64K | $10.19 | 57.45K |
| 2025-10-24 | Yeung William | Sell | 3.53K | $7.50 | 26.48K |
| 2025-10-23 | Yeung William | Sell | 3.53K | $17.50 | 61.77K |
| 2025-10-23 | Yeung William | Sell | 3.53K | $7.50 | 26.48K |
| 2025-10-20 | Yeung William | Buy | 3.53K | $7.50 | 26.48K |
| 2025-10-20 | Yeung William | Sell | 3.53K | $17.00 | 60.01K |
| 2025-10-20 | Yeung William | Sell | 3.53K | $7.50 | 26.48K |
| 2025-10-16 | Yeung William | Buy | 3.53K | $7.50 | 26.48K |
| 2025-10-16 | Yeung William | Sell | 3.53K | $16.50 | 58.24K |
| 2025-10-16 | Yeung William | Sell | 3.53K | $7.50 | 26.48K |
| 2025-10-03 | Yeung William | Buy | 2.53K | $7.50 | 18.97K |
| 2025-10-03 | Yeung William | Buy | 1.04K | $7.50 | 7.79K |
| 2025-10-03 | Yeung William | Sell | 2.53K | $16.00 | 40.46K |
| 2025-10-03 | Yeung William | Sell | 1.04K | $7.50 | 7.79K |
| 2025-10-03 | Yeung William | Sell | 2.53K | $7.50 | 18.97K |
| 2025-09-18 | Yeung William | Buy | 15.45K | $8.95 | 138.31K |
| 2025-09-18 | Yeung William | Sell | 15.45K | $15.09 | 233.14K |
| 2025-09-18 | Yeung William | Sell | 15.45K | $8.95 | 138.31K |
| 2025-09-11 | Yeung William | Buy | 30.88K | $8.95 | 276.35K |
| 2025-09-11 | Yeung William | Sell | 33.55K | $14.51 | 486.87K |
| 2025-09-11 | Yeung William | Sell | 30.88K | $8.95 | 276.35K |
| 2025-07-28 | Clemente Rodney | Sell | 5.39K | $13.97 | 75.26K |
| 2025-07-25 | Yeung William | Sell | 1.99K | $13.88 | 27.61K |
| 2025-07-25 | Clemente Rodney | Sell | 2.32K | $13.88 | 32.20K |
| 2025-06-12 | Hanstveit Arve | Sell | 30.00K | $12.68 | 380.40K |
| 2025-06-11 | Hanstveit Arve | Sell | 20.00K | $12.75 | 255.00K |
| 2025-06-05 | TONDREAU PAMELA L. | Buy | 14.85K | — | — |
| 2025-06-05 | BUEHLER ALEXANDER J | Buy | 12.04K | — | — |
| 2025-06-05 | Chow Joan Kai | Buy | 12.04K | — | — |
| 2025-06-05 | Hanstveit Arve | Buy | 12.04K | — | — |
| 2025-06-05 | Sabol Colin R | Buy | 12.04K | — | — |
| 2025-05-14 | TONDREAU PAMELA L. | Buy | 4.20K | $12.28 | 51.57K |
| 2025-05-13 | Moon David W | Buy | 4.20K | $12.20 | 51.24K |
| 2025-03-11 | Hanstveit Arve | Sell | 50.00K | $16.34 | 816.95K |
| 2025-03-11 | Clemente Rodney | Sell | 1.84K | $16.23 | 29.91K |
| 2025-03-10 | Yeung William | Sell | 944 | $16.37 | 15.45K |
| 2025-03-10 | Clemente Rodney | Sell | 794 | $16.37 | 13.00K |
| 2025-03-03 | Ramanan Natarajan | Buy | 65.03K | — | — |
| 2025-03-03 | Ramanan Natarajan | Buy | 26.45K | — | — |
| 2025-03-03 | Ramanan Natarajan | Other | 0 | — | — |
| 2025-02-20 | Clemente Rodney | Sell | 21.44K | $15.42 | 330.71K |
| 2025-02-19 | Hostetler Matthew | Other | 0 | — | — |
| 2025-02-19 | Hostetler Matthew | Other | 105.40K | $12.53 | 1.32M |
| 2025-02-04 | Ghasripoor Farshad | Buy | 65.00K | — | — |
| 2025-02-04 | Ghasripoor Farshad | Sell | 65.00K | — | — |
| 2025-02-03 | Clemente Rodney | Sell | 944 | $14.34 | 13.54K |
| 2025-02-03 | Yeung William | Sell | 882 | $14.34 | 12.65K |
| 2025-02-03 | Ghasripoor Farshad | Sell | 1.42K | $14.34 | 20.36K |
| 2025-01-31 | Yeung William | Sell | 627 | $14.56 | 9.13K |
| 2025-01-31 | Ghasripoor Farshad | Sell | 926 | $14.56 | 13.48K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 209, holders +8 vs prior quarter. Ownership 84.02%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 6.34M | 253.33K | +4.16% | 57.23M |
| AMUNDI | 4.00M | 263.23K | +7.04% | 36.09M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.18M | -46.55K | -2.09% | 19.70M |
| LEGAL & GENERAL GROUP PLC | 2.06M | 157.24K | +8.26% | 18.58M |
| FIL LTD | 1.72M | -272.20K | -13.69% | 15.48M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.70M | 402.44K | +31.07% | 15.31M |
| STATE STREET CORP | 1.63M | -147.06K | -8.29% | 14.67M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.26M | 2.01K | +0.16% | 11.40M |
| MORGAN STANLEY | 1.24M | 444.31K | +56.05% | 11.16M |
| MACKENZIE FINANCIAL CORP | 1.19M | 1.19M | New | 10.71M |
| INVESCO LTD. | 925.55K | 99.25K | +12.01% | 8.35M |
| DIMENSIONAL FUND ADVISORS LP | 878.72K | 1.29K | +0.15% | 7.93M |
| ARROWMARK COLORADO HOLDINGS LLC | 847.00K | 331.00K | +64.15% | 7.64M |
| ROYCE & ASSOCIATES LP | 752.81K | 269.79K | +55.86% | 6.79M |
| AVENIR CORP | 693.89K | -123.87K | -15.15% | 6.26M |
| AMERIPRISE FINANCIAL INC | 679.24K | -4.58M | -87.09% | 6.13M |
| MARSHALL WACE, LLP | 677.25K | 570.95K | +537.13% | 6.11M |
| KOPION ASSET MANAGEMENT, LLC | 639.54K | 132.58K | +26.15% | 5.77M |
| GOLDMAN SACHS GROUP INC | 601.34K | 132.80K | +28.34% | 5.42M |
| 683 CAPITAL MANAGEMENT, LLC | 530.00K | -20.00K | -3.64% | 4.78M |
| LAZARD ASSET MANAGEMENT LLC | 500.06K | 432.63K | +641.61% | 4.51M |
| NORTHERN TRUST CORP | 478.52K | 28.09K | +6.24% | 4.32M |
| CITADEL ADVISORS LLC | 476.24K | 442.94K | +1330.14% | 4.30M |
| TUDOR INVESTMENT CORP ET AL | 471.90K | 471.90K | New | 4.26M |
| SWISS LIFE ASSET MANAGEMENT LTD | 464.66K | 6.88K | +1.50% | 4.19M |
Earnings and financials
Energy Recovery, Inc. (ERII) trades at $6.92, with a market cap of $352.98M and a trailing P/E of 23.42. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 54715000 | 63156000 | 74515000 | 72834000 | 92091000 | 103904000 | 125591000 | 128349000 | 144948000 | 134702000 |
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