profit from every $100 of sales.
$0$100
Energy Recovery
$7.39+3.36% today
-47.1% in 1 year
1-year low $6.641-year high $16.24
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $16.34 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Energy Recovery sold, what it kept, and what it did with the cash.
Sales went from $126 million in 2022 to $135 million in 2025, with $23.0 million of profit last year.
SalesProfit
Energy Recovery handed back more cash to shareholders than it generated last year.
Buybacks $36M
Free cash flow 2025$17M
Bought back its own shares$36M
Paid as dividends–
Cash vs. debt$48M vs. $9M
Energy Recovery vs. similar companies
Energy Recovery grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Energy Recovery | 16.3× · Fair price | ||
 Veralto | 30.5× · Expensive | ||
 Zurn Elkay Water Solutions | 37.7× · Expensive | ||
 Federal Signal | 29.0× · Fair price | ||
 CECO Environmental | 60.9× · Very expensive |
AI analysis
An AI analyst reads Energy Recovery's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 126 | 128 | 145 | 135 | |
| 87 | 87 | 97 | 88 | |
| 25 | 19 | 22 | 24 | |
| 31 | 23 | 26 | 28 | |
| 24 | 22 | 23 | 23 | |
| 0.42 | 0.37 | 0.40 | 0.42 | |
| 69.6% | 67.8% | 66.9% | 65.1% | |
| 19.8% | 14.8% | 15.3% | 17.9% | |
| 19.1% | 16.8% | 15.9% | 17.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 217 | 253 | 243 | 232 |
| Cash | 56 | 68 | 30 | 48 |
| Total debt | 15 | 13 | 11 | 9 |
| Total liabilities | 32 | 33 | 33 | 25 |
| 185 | 220 | 210 | 206 | |
| 58 | 58 | 58 | 54 | |
| 9.8% | 6.5% | 7.9% | 8.9% | |
| 13.0% | 9.8% | 11.0% | 11.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 13 | 26 | 21 | 19 | |
| 4 | 3 | 1 | 1 | |
| 8 | 23 | 19 | 17 | |
| Dividends paid | – | – | – | – |
| 27 | 0 | 50 | 36 | |
| 7 | 8 | 10 | 8 |
Valuation
- 16.3×
- 18.5×
- –
- 2.5×
- 2.8×
- 21.5×
- 12.0×
- 4.6%
- 6.1%
- 0.0%
Profitability
- 65.1%
- 17.9%
- 17.0%
- 28.4%
- 11.5%
- 9.9%
- 10.9%
- 9.9%
- 14.1%
- 8.8%
Growth
- +2.4%
- +0.0%
- −9.3%
- –
- −1.4%
Financial health
- -1.1×
- 0.05
- 4.2%
- –
- 9.28
- 7.50
- 0.65
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 27%of 979
Top 18%of 984
Top 33%of 862
Bottom 23%of 983
Top 39%of 986
What analysts expect
- Average price target
- $13.00
- Range
- $13.00 – $13.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | -0.23 | -0.10 | −130.0% |
| Feb 25, 2026 | 0.53 | 0.67 | −20.9% |
| Nov 5, 2025 | 0.12 | 0.09 | +33.3% |
| Aug 6, 2025 | 0.07 | 0.02 | +250.0% |
| May 7, 2025 | -0.13 | -0.01 | −1,200.0% |
| Feb 26, 2025 | 0.50 | 0.42 | +19.0% |
| Oct 30, 2024 | 0.15 | 0.09 | +66.7% |
| Jul 31, 2024 | 0.09 | 0.05 | +91.1% |
News
National Energy Services Reunited declares $0.10 dividendSeeking Alpha · Nov 10, 2026Fervo Energy soars as Cape Station's first GeoBlock enters commercial operationSeeking Alpha · Nov 9, 2026Bloom Energy Jumps 8%, FuelCell Energy Rises 3% as Fuel Cell Stocks Rebound; Plug Power Holds Steady Ahead of EarningsYahoo Finance · Nov 9, 2026Constellation Energy Non-GAAP EPS of $5.06 beats by $1.17, revenue of $9.55B beats by $200MSeeking Alpha · Nov 9, 2026Why Centrus Energy Stock Crashed 26% in OctoberYahoo Finance · Nov 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
60Pass
Benjamin Graham
75Pass
Philip Fisher
62Pass
Peter Lynch
35No pass
Joel Greenblatt
44No pass
Charlie Munger
63Pass
Terry Smith
48No pass
Questions about Energy Recovery
Is Energy Recovery a good stock to buy?
A solid business at a fair price. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Energy Recovery AI analysis
What does Energy Recovery do?
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It is in Industrial - Pollution & Treatment Controls.
Does Energy Recovery pay a dividend?
No. Energy Recovery does not pay a dividend at the moment; in 2025 it returned $35.6 million to shareholders by buying back its own shares.
Is Energy Recovery stock halal?
Yes. Energy Recovery passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has Energy Recovery stock done over the past year?
Down 47.1% over the past twelve months, to $7.39. It traded between $6.64 and $16.24 and is 54.5% below its high.
Who are Energy Recovery's competitors?
The largest listed companies in the same industry are Veralto, Zurn Elkay Water Solutions, Federal Signal and CECO Environmental. The peers table on this page compares their profit, growth and price with Energy Recovery's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.