Energy Recovery (ERII) Stock Price & Analysis
ERII Stock Chart & Stats
- Day’s Range
- N/A
- 52-Week Range
- N/A
- Previous Close
- N/A
- Volume
- N/A
- Average Volume (3M)
- N/A
- Market Cap
- MXN 6.67B
- Enterprise Value
- MXN 379.37M
- Total Cash (Recent Filing)
- MXN 93.06M
- Total Debt (Recent Filing)
- MXN 8.23M
- Price to Earnings (P/E)
- 23.8
- Beta
- N/A
- Next Earnings
- Nov 04, 2026 (Est.)
- EPS Estimate
- -1.13
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
High-margin Business
Very high gross margins and solid operating profitability indicate that ERII’s engineered products deliver meaningful customer value and pricing power. If these economics persist, they can support reinvestment, absorb project timing volatility, and provide a durable base for earnings generation.
Conservative Balance Sheet And Cash Generation
Minimal leverage reduces financial strain and preserves flexibility through uneven project cycles, while strong operating cash conversion demonstrates that reported earnings are supported by cash. Together, these traits strengthen resilience and allow ERII to fund operations and opportunities without heavy borrowing.
Long-term Pipeline And Product Expansion
Multi-year pipeline visibility and high-single-digit structural market growth provide a durable demand framework beyond individual quarterly orders. The PX Q650 launch and identified projects can broaden adoption and reinforce ERII’s competitive position as customers seek lower energy use.
Bears Say
Revenue Contraction
The recent top-line contraction shows that strong margins have not prevented weaker business activity. Continued revenue pressure could reduce operating leverage, slow investment in growth initiatives, and make earnings less predictable while the company works through project timing and demand uncertainty.
Geopolitical Project Delays
Delays to major projects can defer orders and revenue even when underlying customer demand remains intact. Because ERII sells into capital-intensive installations, prolonged financing and procurement disruption could extend the sales cycle, increase timing volatility, and weaken near-term conversion of its pipeline.
Limited Near-term Visibility
The absence of formal guidance makes near-term planning and performance assessment more difficult for shareholders and management. It also signals that project timing remains difficult to forecast, increasing the risk that backlog and pipeline strength will not translate smoothly into reported revenue.
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Energy Recovery Stock Smart Score
Company Description
Energy Recovery
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, high-pressure feed and recirculation pumps, and hydraulic turbochargers and boosters. Beyond hardware, ERII also offers crucial support services such as spare parts, repair, field technical assistance, and commissioning. Furthermore, the company develops specialized solutions aimed at minimizing energy consumption in natural gas processing and in refrigeration systems that employ carbon dioxide. These various offerings are commercialized under recognized brand names including ERI, Ultra PX, PX, Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold. Its diverse customer base encompasses large engineering, procurement, and construction (EPC) companies, direct end-users, industry consultants, original equipment manufacturers (OEMs), and aftermarket clients. Founded in 1992, Energy Recovery, Inc. is headquartered in San Leandro, California.
- Sector
- Industrials
- Industry
- Industrial - Pollution & Treatment Controls
- CEO
- Alexander J. Buehler
- Employees
- 230
- Website
- www.energyrecovery.com
- Address
- 1717 Doolittle Drive, San Leandro, CA, 94577, US
Energy Recovery (ERII) Earnings & Revenues
ERII Earnings Call
Earnings Call SentimentNeutral
The call presents a mixed picture: management highlights strong long-term fundamentals (a multi-year MPD pipeline, product launches like the PX Q650, demonstrated energy savings, modest capex needs, and operational discipline) but also emphasizes significant near-term headwinds from geopolitical conflict that have caused formalized project delays, reduced visibility, softer wastewater results, and an inability to provide 2026 guidance. Margin benefits from the new Saudi facility and product launches are expected but will accrue gradually rather than immediately.
View all MX:ERII earnings summariesERII Net sales Breakdown
- 100.00% Water
- 0.49% Emerging Technologies








