Energy Recovery, Inc.

Energy Recovery, Inc.verified

ERII

Price:

$16.045

Market Cap:

$926.20M

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...[Read more]

Industry

Industrial - Pollution & Treatment Controls

IPO Date

2008-07-02

Stock Exchange

NASDAQ

Ticker

ERII

The Current Ratio as of September 2024 (TTM) for Energy Recovery, Inc. (ERII) is 7.94

According to Energy Recovery, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.94. This represents a change of -16.94% compared to the average of 9.56 of the last 4 quarters.

Energy Recovery, Inc. (ERII) Historical Current Ratio (quarterly & annually)

How has ERII Current Ratio performed in the past?

The mean historical Current Ratio of Energy Recovery, Inc. over the last ten years is 7.01. The current 7.94 Current Ratio has changed 11.23% with respect to the historical average. Over the past ten years (40 quarters), ERII's Current Ratio was at its highest in in the March 2021 quarter at 12.45. The Current Ratio was at its lowest in in the March 2020 quarter at 4.03.

Quarterly (TTM)
Annual

Average

7.01

Median

7.40

Minimum

4.06

Maximum

10.38

Energy Recovery, Inc. (ERII) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Energy Recovery, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 124.27%

Maximum Annual Current Ratio = 10.38

Minimum Annual Increase = -30.69%

Minimum Annual Current Ratio = 4.06

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.64-16.76%
202210.3835.29%
20217.67-15.74%
20209.10124.27%
20194.06-7.95%
20184.41-30.69%
20176.36-10.78%
20167.13-7.49%
20157.7166.83%
20144.62-3.01%

Energy Recovery, Inc. (ERII) Average Current Ratio

How has ERII Current Ratio performed in the past?

The current Current Ratio of Energy Recovery, Inc. (ERII) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

8.90

5-year avg

7.97

10-year avg

7.01

Energy Recovery, Inc. (ERII) Current Ratio vs. Peers

How is ERII’s Current Ratio compared to its peers?

Energy Recovery, Inc.’s Current Ratio is greater than Zurn Elkay Water Solutions Corporation (2.83), greater than CECO Environmental Corp. (1.36), greater than 374Water, Inc. (5.73), greater than Molekule Group, Inc. (1.98), greater than Federal Signal Corporation (2.89), greater than CO2 Solutions Inc. (0.74), greater than LiqTech International, Inc. (2.74), less than ClearSign Technologies Corporation (9.30),

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