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Complete financial analysis of Energy Recovery, Inc. (ERII) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Energy Recovery, Inc., a leading company in the Industrial – Pollution & Treatment Controls industry within the Industrials sector.
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Energy Recovery, Inc. (ERII)
Industry: Industrial - Pollution & Treatment Controls
Sector: Industrials
Website: https://www.energyrecovery.com
About Energy Recovery, Inc.
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 offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold names to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 1992 and is headquartered in San Leandro, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 128.35M | 125.59M | 103.90M | 118.99M | 86.94M | 74.52M | 63.16M | 54.72M | 44.71M | 30.43M | 43.05M | 42.63M | 28.05M | 45.85M | 47.01M | 52.12M | 35.41M | 20.06M | 10.69M | 4.05M | 4.05M |
| Cost of Revenue | 41.27M | 38.24M | 32.67M | 28.25M | 20.34M | 17.87M | 19.06M | 17.85M | 19.11M | 13.71M | 17.32M | 22.42M | 20.25M | 23.78M | 17.60M | 18.93M | 14.85M | 8.13M | 0.00 | 2.02M | 2.01M |
| Gross Profit | 87.08M | 87.36M | 71.23M | 90.74M | 66.61M | 56.64M | 44.10M | 36.87M | 25.60M | 16.71M | 25.72M | 20.21M | 7.80M | 22.07M | 29.42M | 33.19M | 20.56M | 11.93M | 10.69M | 2.03M | 2.03M |
| Gross Profit Ratio | 67.85% | 69.56% | 68.56% | 76.26% | 76.61% | 76.01% | 69.82% | 67.38% | 57.26% | 54.93% | 59.76% | 47.41% | 27.81% | 48.14% | 62.57% | 63.67% | 58.06% | 59.46% | 100.00% | 50.21% | 50.26% |
| Research & Development | 17.00M | 17.91M | 20.07M | 23.45M | 23.40M | 17.01M | 13.44M | 10.14M | 7.66M | 9.69M | 4.36M | 4.77M | 3.53M | 3.94M | 3.04M | 2.42M | 1.71M | 1.27M | 0.00 | 340.00K | 25.00K |
| General & Administrative | 28.86M | 28.34M | 25.16M | 25.52M | 22.83M | 21.48M | 17.35M | 16.63M | 19.77M | 14.14M | 15.19M | 15.15M | 16.75M | 17.04M | 13.76M | 2.46M | 0.00 | 0.00 | 0.00 | 1.06M | 892.00K |
| Selling & Marketing | 22.16M | 16.28M | 12.16M | 8.13M | 9.43M | 7.55M | 9.39M | 9.12M | 9.33M | 10.53M | 7.95M | 7.29M | 8.00M | 8.21M | 6.47M | 1.78M | 0.00 | 0.00 | 0.00 | 1.04M | 915.00K |
| SG&A | 51.03M | 44.62M | 37.32M | 33.65M | 32.27M | 29.02M | 26.75M | 25.74M | 29.10M | 24.66M | 23.14M | 22.44M | 24.74M | 25.24M | 20.23M | 17.87M | 9.53M | 7.02M | 0.00 | 2.09M | 1.81M |
| Other Expenses | 0.00 | 1.24M | 12.00K | 16.00K | 575.00K | -80.00K | -188.00K | 290.00K | -139.00K | 69.00K | 109.00K | 143.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 68.03M | 62.53M | 57.40M | 57.11M | 56.24M | 46.66M | 40.82M | 36.51M | 37.39M | 35.20M | 28.43M | 28.25M | 29.80M | 27.04M | 23.27M | 20.29M | 11.23M | 8.29M | 0.00 | 2.43M | 1.83M |
| Cost & Expenses | 109.30M | 100.76M | 90.07M | 85.36M | 76.58M | 64.54M | 59.88M | 54.36M | 56.50M | 48.91M | 45.75M | 50.67M | 50.05M | 50.82M | 40.86M | 39.22M | 26.09M | 16.42M | 0.00 | 4.45M | 3.84M |
| Interest Income | 3.76M | 908.00K | 204.00K | 913.00K | 2.01M | 1.54M | 870.00K | 309.00K | 53.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 54.00K | 873.00K | 517.00K | 58.00K | 0.00 | 1.00K | 0.00 |
| Interest Expense | 0.00 | 908.00K | 0.00 | 0.00 | 0.00 | 1.00K | 2.00K | 3.00K | 42.00K | 0.00 | 0.00 | 6.00K | 34.00K | 73.00K | 46.00K | 79.00K | 105.00K | 77.00K | 0.00 | 54.00K | 38.00K |
| Depreciation & Amortization | 5.75M | 6.30M | 5.94M | 5.30M | 4.40M | 3.86M | 3.67M | 3.68M | 3.84M | 4.03M | 3.80M | 1.04M | 1.36M | 5.20M | 1.18M | 522.00K | 323.00K | 231.00K | 0.00 | 1.00K | 0.00 |
| EBITDA | 24.80M | 31.13M | 19.77M | 38.93M | 16.65M | 15.30M | 12.92M | 7.11M | -8.09M | -14.39M | 1.09M | -4.71M | -20.32M | 43.00K | 7.39M | 14.30M | 9.65M | 3.87M | 10.69M | -399.00K | 201.00K |
| EBITDA Ratio | 19.32% | 19.77% | 19.03% | 34.67% | 19.15% | 20.55% | 12.07% | 7.91% | -18.10% | -47.51% | 2.79% | -16.08% | -73.59% | -10.83% | 13.20% | 25.75% | 27.25% | 19.30% | 100.00% | -9.86% | 4.97% |
| Operating Income | 19.05M | 18.53M | 13.83M | 31.29M | 10.36M | 9.98M | 3.28M | 357.00K | -11.79M | -18.48M | -2.89M | -8.65M | -25.29M | -4.97M | 6.15M | 12.90M | 9.33M | 3.64M | 10.69M | -400.00K | 201.00K |
| Operating Income Ratio | 14.84% | 14.75% | 13.31% | 26.30% | 11.92% | 13.39% | 5.19% | 0.65% | -26.37% | -60.75% | -6.71% | -20.30% | -90.18% | -10.83% | 13.08% | 24.75% | 26.34% | 18.15% | 100.00% | -9.88% | 4.97% |
| Total Other Income/Expenses | 3.66M | 1.24M | 173.00K | 839.00K | 1.89M | 1.46M | 680.00K | 287.00K | -181.00K | 69.00K | 109.00K | 137.00K | 150.00K | -267.00K | 8.00K | 794.00K | 412.00K | -19.00K | -181.00K | -53.00K | -38.00K |
| Income Before Tax | 22.71M | 26.07M | 14.00M | 32.13M | 12.26M | 11.44M | 3.96M | 644.00K | -11.97M | -18.41M | -2.78M | -8.52M | -25.14M | -5.23M | 6.16M | 13.70M | 9.74M | 3.62M | 0.00 | -453.00K | 163.00K |
| Income Before Tax Ratio | 17.69% | 20.76% | 13.48% | 27.01% | 14.10% | 15.35% | 6.26% | 1.18% | -26.78% | -60.52% | -6.46% | -19.98% | -89.65% | -11.41% | 13.10% | 26.28% | 27.50% | 18.05% | 0.00% | -11.19% | 4.03% |
| Income Tax Expense | 1.20M | 2.02M | -265.00K | 5.75M | 1.34M | -10.65M | -8.39M | -390.00K | -334.00K | 291.00K | 327.00K | -262.00K | 1.30M | -1.63M | 2.47M | 5.03M | 3.95M | 1.24M | -894.00K | 53.00K | -11.00K |
| Net Income | 21.50M | 24.05M | 14.27M | 26.39M | 10.91M | 22.09M | 12.35M | 1.03M | -11.64M | -18.71M | -3.11M | -8.25M | -26.44M | -3.61M | 3.69M | 8.66M | 5.79M | 2.38M | 894.00K | -506.00K | 174.00K |
| Net Income Ratio | 16.75% | 19.15% | 13.73% | 22.18% | 12.55% | 29.65% | 19.55% | 1.89% | -26.03% | -61.48% | -7.22% | -19.36% | -94.28% | -7.87% | 7.84% | 16.62% | 16.36% | 11.88% | 8.36% | -12.50% | 4.30% |
| EPS | 0.38 | 0.43 | 0.25 | 0.47 | 0.20 | 0.41 | 0.34 | 0.07 | -0.22 | -0.36 | -0.06 | -0.16 | -0.50 | -0.07 | 0.07 | 0.19 | 0.15 | 0.06 | 0.02 | -0.02 | 0.01 |
| EPS Diluted | 0.37 | 0.42 | 0.24 | 0.47 | 0.19 | 0.40 | 0.33 | 0.07 | -0.22 | -0.36 | -0.06 | -0.16 | -0.50 | -0.07 | 0.07 | 0.18 | 0.14 | 0.06 | 0.02 | -0.02 | 0.01 |
| Weighted Avg Shares Out | 56.44M | 56.22M | 56.99M | 55.71M | 54.74M | 53.76M | 53.70M | 52.34M | 52.15M | 51.68M | 51.07M | 51.45M | 52.61M | 52.07M | 50.17M | 44.85M | 39.06M | 38.02M | 36.79M | 32.16M | 30.28M |
| Weighted Avg Shares Out (Dil) | 57.74M | 57.64M | 58.72M | 56.64M | 56.07M | 55.34M | 55.61M | 55.45M | 52.15M | 51.68M | 51.07M | 51.45M | 52.61M | 52.07M | 52.64M | 47.39M | 41.43M | 40.24M | 38.45M | 32.16M | 32.94M |
Energy Recovery Announces Share Repurchase Program
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced that its Board of Directors approved a share repurchase program to purchase up to $50 million of the company's outstanding common stock over the next 12 months, beginning in November...
Energy Recovery Ventilator Market Size to Reach US$ 10.73 Billion by 2032, Driven by Increasing Awareness of Indoor Air Quality & The Need for Energy-Efficient Ventilation Solutions | Research by S&S Insider
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Energy Recovery, Inc. (ERII) Q3 2024 Earnings Call Transcript
Energy Recovery, Inc. (NASDAQ:ERII ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Lionel McBee - Director, Investor Relations David Moon - President and Chief Executive Officer, Director Michael Mancini - Chief Financial Officer Conference...
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Energy Recovery Reports its Third Quarter 2024 Financial Results
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the third quarter and nine months ended September 30, 2024. Third Quarter Highlights Revenue of $38.6 million, reaching the upper end of...
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SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (Nasdaq: ERII) today announced new performance data for the PX G1300® pressure exchanger. The findings demonstrate its successful integration into several existing CO2 refrigeration systems to reduce energy consumption and increase cooling capacity and...
Join Energy Recovery's Live Investor Webinar and Q&A Session on November 18, 2024
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery, Inc. (NASDAQ: ERII) (Energy Recovery or the Company) will host an investor webinar to present its strategic vision with senior management on November 18th, 2024 from 10 a.m. to about noon Eastern Time. This special...
Energy Recovery Awarded More Than $12 Million in Desalination Contracts in the United Arab Emirates
SAN LEANDRO, Calif.--(BUSINESS WIRE)--Energy Recovery (NASDAQ: ERII) today announced contract awards totaling over $12 million for its PX® Pressure Exchanger® (PX) energy recovery devices for three seawater reverse osmosis (SWRO) desalination projects in the United Arab Emirates. The plants include...
Energy Recovery Ventilators Market Projected to Hit USD 9.8 billion at a 14.3% CAGR by 2031 - Transparency Market Research Inc.
Wilmington, Delaware, United States, Transparency Market Research Inc. - Wilmington, Delaware, United States, Transparency Market Research Inc. -
Source: https://incomestatements.info
Category: Stock Reports