Energy Recovery, Inc. (ERII)
Energy Recovery, Inc. operates in the Industrial - Pollution & Treatment Controls industry of the Industrials sector, headquartered in San Leandro, CA, US. The stock last traded at $7.88, up 2.07% on the session, giving a market capitalisation of $406.2M. On trailing twelve-month figures it carries a trailing P/E of 26.90, a net margin of 12.8%. Its beta of 0.92 implies it has historically moved less than the broad market.
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.
Energy Recovery, Inc. is most often compared with the following Industrials names: