Energy Recovery, Inc. (ERII) has a MoatMap StockRank of 41/100 based on Quality (71/100), Value (43/100), and Momentum (14/100) factor scores. The current signal is HOLD. Energy Recovery holds a near-monopoly (>90% market share) in energy recovery devices for seawater desalination, a critical infrastructure sector as global water scarcity intensifies. They are successfully translating this high-margin, high-ROIC technology into industrial wastewater and CO2 refrigeration. With massive pricing power and an asset-light manufacturing model, ERII is an underappreciated beneficiary of the global resource and energy efficiency supercycle.
Energy Recovery, Inc. designs and manufactures innovative energy recovery devices and pumps, primarily for seawater desalination and other industrial fluid flow applications. The company's proprietary Pressure Exchanger (PX®) technology is a market leader, providing superior energy efficiency that significantly reduces the operating costs of desalination plants. It operates as a niche industrial technology provider, enabling more sustainable and economical water solutions globally.
| Price | $8.12 |
| Market Cap | $445M |
| P/E (TTM) | 22.41 |
| P/E (Forward) | 15.50 |
| Price/Book | 2.34 |
| Return on Equity | 10.8% |
| Return on Invested Capital | 11.3% |
| Debt/Equity | 4.80 |
| Gross Margin | 64.3% |
| Operating Margin | -103.3% |
| Revenue Growth | 20.3% |
| Free Cash Flow | $21M |
Energy Recovery, Inc. operates in the Pollution & Treatment Controls industry, part of the Industrials sector (United States).