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Energy Recovery, Inc.

ERII

$8.67 ▼ -0.06 (-0.69%) at close

18 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

Energy Recovery, Inc. shows strong fundamentals with top-quartile Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $466.5M

Dividend Yield —

Revenue Growth -6.9% ↘

Op. Margin 17.7% ↗

ROIC 9.6% ↗

FCF / Share $0.32 ↘

Trailing P/E 20.2x

Price / Book 2.2x

FCF Yield 3.7%

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$134.99M

↓ -6.9% —

Net Income Profit after all expenses

$22.96M

— -0.4% —

Operating Margin Operating profit as % of sales

17.7%

↑ +30.1% 72th

FCF / Share Free cash flow per share

$0.32

↓ -3.5% —

Long-Term Debt Long-term obligations

$0.00

↓ -100.0% —

trending_up

Bullish Indicators

Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↑

Returns ↑

Cash Quality ↑

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	-6.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-237%)	12.9% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+159%)	2.2% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-56%)	20.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+317%)	-12.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-354%)	36.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+637%)	16.7% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+234%)	7.8% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+56%)	39.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+681%)	13.8% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+177%)	43.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+771%)	-29.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-686%)	1.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-81%)	52.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+940%)	-38.8% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-877%)	-2.5% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-149%)	—	—
EPS Growth YoY (%)	7.5% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	5.3% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-11.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	72.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-46.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	135.0% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	-51.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	20.6% Good Good Year-over-year change in earnings per share Optimal: > 10%	1600.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—	—	—	-614.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—
Net Income Growth YoY (%)	-0.4% Weak ↓ Weak Declining Year-over-year change in net income	7.2% Fair ↑ Fair Improving Year-over-year change in net income	-10.6% Weak ↓ Weak Declining Year-over-year change in net income	68.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-45.9% Weak ↓ Weak Declining Year-over-year change in net income	141.8% Excellent ↓ Excellent Declining Year-over-year change in net income	-50.6% Weak ↓ Weak Declining Year-over-year change in net income	20.4% Good ↓ Good Declining Year-over-year change in net income	1675.0% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	37.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-502.2% Weak ↓ Weak Declining Year-over-year change in net income	62.4% Excellent ↑ Excellent Improving Year-over-year change in net income	68.8% Excellent Excellent Year-over-year change in net income	-632.9% Weak Weak Year-over-year change in net income	N/M	—	—
FCF Growth YoY (%)	-3.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	-19.3% Weak ↓ Weak Declining Year-over-year change in free cash flow	178.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	24.4% Good Good Year-over-year change in free cash flow	-33.7% Weak Weak Year-over-year change in free cash flow	N/M	N/M	N/M	—	—	—	—	—	—	-29.2% Weak Weak Year-over-year change in free cash flow	N/M	—	—
Revenue CAGR 3Y (%)	2.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	11.7% Good ↑ Good Improving Compound annual revenue growth over 3 years	2.6% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	13.0% Good ↓ Good Declining Compound annual revenue growth over 3 years	11.7% Good ↓ Good Declining Compound annual revenue growth over 3 years	19.8% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	20.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	19.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	31.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	4.9% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	0.8% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	2.8% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-2.1% Weak Weak Compound annual revenue growth over 3 years	-3.2% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	2.6% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	10.8% Good ↓ Good Declining Compound annual revenue growth over 5 years	11.5% Good ↓ Good Declining Compound annual revenue growth over 5 years	12.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	15.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	22.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	23.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	11.6% Good ↑ Good Improving Compound annual revenue growth over 5 years	10.2% Good ↑ Good Improving Compound annual revenue growth over 5 years	12.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	-1.0% Weak Weak Compound annual revenue growth over 5 years	-8.3% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	0.0% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	17.0% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-6.8% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	29.1% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	-15.2% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	11.4% Good Good Compound annual EPS growth over 3 years	115.4% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	17.7% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+47%)	13.6% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+13%)	14.8% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+24%)	19.8% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+65%)	13.3% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+11%)	26.3% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+119%)	11.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	13.4% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+12%)	13.4% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+11%)	0.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-94%)	-27.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-325%)	-60.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-606%)	-6.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-156%)	-20.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-269%)	-90.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-852%)	-11.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-191%)	13.1% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	—
Effective Tax Rate (%) (%)	16.8% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	5.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.9% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-93.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-84.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-60.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.6% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	-5.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	31.1% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	40.1% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	17.0% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+113%)	15.9% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+99%)	16.8% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+109%)	19.1% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+139%)	13.7% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+72%)	22.2% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+177%)	12.6% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+57%)	29.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+271%)	26.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+232%)	2.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-74%)	-26.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-433%)	-61.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-868%)	-7.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-190%)	-19.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-342%)	-94.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1279%)	-7.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-198%)	7.8% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	—
FCF Margin (%) (%)	12.9% Fair → Fair Stable Free cash flow as a percentage of revenue Optimal: > 10%	13.3% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	18.3% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.7% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.6% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	8.5% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-2.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-6.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	2.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-17.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-36.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-17.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	10.9% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.76x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	0.83x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	1.09x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.35x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.48x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.38x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.19x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.11x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.24x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—	-0.31x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.88x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.39x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.17x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	1.39x Good Good Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	9.6% Fair → Fair Stable Return earned on debt + equity capital invested Optimal: > 10%	8.4% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	8.2% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	12.4% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	7.9% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	15.0% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	6.8% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	17.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	18.6% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	0.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-18.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-26.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-7.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-27.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.9% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	3.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	10.3% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	8.1% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	7.5% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	11.4% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	6.5% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	15.3% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	5.5% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.5% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.6% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	0.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-7.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-21.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-2.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-8.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-22.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	-3.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	11.1% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-26%)	11.0% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-27%)	9.8% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-35%)	13.0% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-13%)	8.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-47%)	15.4% Good → Good Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	8.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-47%)	19.5% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+30%)	20.0% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+33%)	1.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-89%)	-18.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-222%)	-26.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-278%)	-3.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-124%)	-9.4% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-163%)	-27.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-282%)	-3.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-120%)	3.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-80%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	—	—	—	—	—	—	—	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	—	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—
Interest Coverage (x)	—	—	—	—	—	—	—	9978.00x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	4624.50x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	119.00x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	-280.74x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	-1442.17x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-743.94x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-68.82x Weak Weak Operating income divided by interest expense Optimal: > 5x	133.70x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-48.08M	$-29.63M	$-68.10M	$-56.35M	$-74.36M	$-94.25M	$-26.39M	$-21.95M	$-27.76M	$-61.34M	$-99.89M	$-15.50M	$-14.37M	$-16.64M	$-18.51M	$-55.25M	$-59.12M	$-79.29M
Debt / EBITDA (x)	—	—	—	—	—	—	—	0.00x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.01x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	-0.02x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$2.51	$2.53	$2.27	$2.23	$1.82	$2.14	$1.59	$1.39	$1.29	$0.95	$0.84	—	—	—	$0.53	$0.88	$0.94	—
Basic EPS, GAAP (USD)	$0.43	$0.40	$0.38	$0.43	$0.25	$0.47	$0.20	$0.41	$0.34	$0.02	$-0.22	—	—	—	$-0.50	$-0.07	$0.07	—
Free Cash Flow per Share (USD)	$0.32	$0.34	$0.42	$0.15	$0.12	$0.18	$-0.04	$0.04	$-0.08	—	—	—	—	—	$-0.19	$-0.15	$0.10	—
Book Value per Share (USD)	$3.90	$3.83	$3.86	$3.31	$3.15	$3.05	$2.46	$2.10	$1.70	$1.23	$1.21	$1.35	$1.69	$1.72	$1.84	$2.30	$2.41	—
Tangible Book Value per Share (USD)	$3.66	$3.60	$3.64	$3.08	$2.92	$2.82	$2.23	$1.85	$1.44	$0.95	$0.92	$1.04	$1.37	$1.37	$1.47	$1.89	$2.41	—
Basic Weighted Avg Shares (shares)	53.80M	57.21M	56.44M	56.22M	56.99M	55.71M	54.74M	53.76M	53.70M	52.34M	52.15M	—	—	—	52.61M	52.07M	50.17M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$163.86M	$150.23M	$164.00M	$139.56M	$131.98M	$127.46M	$85.14M	$92.52M	$95.70M	$105.21M	$107.51M	$41.72M	$41.19M	$48.00M	$46.79M	$77.85M	—	—
LT Debt (USD)	—	—	—	—	—	—	—	$0.00	$16.00K	$27.00K	$38.00K	—	—	—	—	$85.00K	—	—
Total Equity (USD)	$206.19M	$210.01M	$219.81M	$185.34M	$178.78M	$171.62M	$136.01M	$113.38M	$91.89M	$65.13M	$63.66M	$69.92M	$86.92M	$87.38M	$96.95M	$120.80M	$120.97M	$107.00M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$134.99M	$144.95M	$128.35M	$125.59M	$103.90M	$118.99M	$86.94M	$74.52M	$69.13M	$49.72M	$43.67M	$30.43M	$43.05M	$42.63M	$28.05M	$45.85M	$47.01M	—
Depreciation Expense (USD)	$3.76M	$4.05M	$4.10M	$4.76M	$4.50M	$5.30M	$4.39M	$3.87M	$3.67M	$3.68M	$3.20M	$4.03M	$2.90M	$2.80M	—	—	—	—
Net Income, GAAP (USD)	$22.96M	$23.05M	$21.50M	$24.05M	$14.27M	$26.39M	$10.91M	$22.09M	$18.35M	$1.03M	$-11.64M	$-18.70M	$-3.11M	$-8.25M	$-26.44M	$-3.61M	$3.69M	—
Operating Cash Flow (USD)	$18.77M	$20.52M	$26.05M	$12.63M	$13.53M	$16.87M	$5.27M	$7.57M	$2.90M	—	—	—	$2.09M	$-4.43M	$-8.26M	$1.70M	$12.82M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 18 years · 67 quarters

Energy Recovery, Inc.

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