See more : Benefit One Inc. (BNTOF) Income Statement Analysis – Financial Results
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 |
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