Energy Recovery Inc
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe. It operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra high-pressure exchangers; AT and LPT hydraulic turbo… Read more
Energy Recovery Inc (ERII) - Net Assets
Latest net assets as of September 2025: $180.83 Million USD
Based on the latest financial reports, Energy Recovery Inc (ERII) has net assets worth $180.83 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($209.65 Million) and total liabilities ($28.81 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $180.83 Million |
| % of Total Assets | 86.26% |
| Annual Growth Rate | 27.7% |
| 5-Year Change | 22.37% |
| 10-Year Change | 229.9% |
| Growth Volatility | 178.47 |
Energy Recovery Inc - Net Assets Trend (2003–2024)
This chart illustrates how Energy Recovery Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Energy Recovery Inc (2003–2024)
The table below shows the annual net assets of Energy Recovery Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $210.01 Million | -4.46% |
| 2023-12-31 | $219.81 Million | +18.60% |
| 2022-12-31 | $185.34 Million | +3.67% |
| 2021-12-31 | $178.78 Million | +4.17% |
| 2020-12-31 | $171.62 Million | +26.18% |
| 2019-12-31 | $136.01 Million | +19.96% |
| 2018-12-31 | $113.38 Million | +37.38% |
| 2017-12-31 | $82.53 Million | +26.71% |
| 2016-12-31 | $65.13 Million | +2.32% |
| 2015-12-31 | $63.66 Million | -8.95% |
| 2014-12-31 | $69.92 Million | -19.56% |
| 2013-12-31 | $86.92 Million | -0.53% |
| 2012-12-31 | $87.38 Million | -9.87% |
| 2011-12-31 | $96.95 Million | -19.74% |
| 2010-12-31 | $120.80 Million | -0.14% |
| 2009-12-31 | $120.97 Million | +13.06% |
| 2008-12-31 | $107.00 Million | +433.37% |
| 2007-12-31 | $20.06 Million | +146.84% |
| 2006-12-31 | $8.13 Million | +718.43% |
| 2004-12-31 | $993.00K | -19.60% |
| 2003-12-31 | $1.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Energy Recovery Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10570600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $105.71 Million | 50.33% |
| Common Stock | $66.00K | 0.03% |
| Other Comprehensive Income | $98.00K | 0.05% |
| Other Components | $104.14 Million | 49.59% |
| Total Equity | $210.01 Million | 100.00% |
Energy Recovery Inc Competitors by Market Cap
The table below lists competitors of Energy Recovery Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BRELY
OTCQX:BRELY
|
$513.83 Million |
|
Avanti Feeds Limited
NSE:AVANTIFEED
|
$513.96 Million |
|
Vaalco Energy Inc
NYSE:EGY
|
$513.99 Million |
|
Close Brothers Group plc
PINK:CBGPF
|
$514.20 Million |
|
PAR Technology Corporation
NYSE:PAR
|
$513.82 Million |
|
Renew Holdings plc
PINK:RNWHF
|
$513.80 Million |
|
TechMatrix Corporation
PINK:TMTMF
|
$513.62 Million |
|
Starhill Global Real Estate Investment Trust
PINK:SGLMF
|
$513.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Energy Recovery Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 219,808,000 to 210,010,000, a change of -9,798,000 (-4.5%).
- Net income of 23,050,000 contributed positively to equity growth.
- Share repurchases of 50,384,000 reduced equity.
- New share issuances of 7,100,000 increased equity.
- Other comprehensive income increased equity by 142,000.
- Other factors increased equity by 10,294,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $23.05 Million | +10.98% |
| Share Repurchases | $50.38 Million | -23.99% |
| Share Issuances | $7.10 Million | +3.38% |
| Other Comprehensive Income | $142.00K | +0.07% |
| Other Changes | $10.29 Million | +4.9% |
| Total Change | $- | -4.46% |
Book Value vs Market Value Analysis
This analysis compares Energy Recovery Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.73x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 264.29x to 2.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $0.04 | $9.91 | x |
| 2004-12-31 | $0.03 | $9.91 | x |
| 2006-12-31 | $0.20 | $9.91 | x |
| 2007-12-31 | $0.48 | $9.91 | x |
| 2008-12-31 | $2.26 | $9.91 | x |
| 2009-12-31 | $2.30 | $9.91 | x |
| 2010-12-31 | $2.32 | $9.91 | x |
| 2011-12-31 | $1.84 | $9.91 | x |
| 2012-12-31 | $1.70 | $9.91 | x |
| 2013-12-31 | $1.70 | $9.91 | x |
| 2014-12-31 | $1.35 | $9.91 | x |
| 2015-12-31 | $1.22 | $9.91 | x |
| 2016-12-31 | $1.17 | $9.91 | x |
| 2017-12-31 | $1.48 | $9.91 | x |
| 2018-12-31 | $2.05 | $9.91 | x |
| 2019-12-31 | $2.43 | $9.91 | x |
| 2020-12-31 | $3.03 | $9.91 | x |
| 2021-12-31 | $3.04 | $9.91 | x |
| 2022-12-31 | $3.22 | $9.91 | x |
| 2023-12-31 | $3.81 | $9.91 | x |
| 2024-12-31 | $3.63 | $9.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Energy Recovery Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.90%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.16x
- Recent ROE (10.98%) is above the historical average (2.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 14.09% | 4.30% | 1.65x | 1.98x | $50.50K |
| 2004 | -50.96% | -12.50% | 1.33x | 3.08x | $-605.30K |
| 2006 | 29.31% | 11.88% | 1.48x | 1.67x | $1.57 Million |
| 2007 | 28.88% | 16.36% | 1.30x | 1.36x | $3.79 Million |
| 2008 | 8.10% | 16.62% | 0.43x | 1.13x | $-2.04 Million |
| 2009 | 3.05% | 7.84% | 0.33x | 1.18x | $-8.41 Million |
| 2010 | -2.99% | -7.87% | 0.34x | 1.11x | $-15.69 Million |
| 2011 | -27.27% | -94.28% | 0.25x | 1.14x | $-36.14 Million |
| 2012 | -9.45% | -19.36% | 0.41x | 1.20x | $-16.99 Million |
| 2013 | -3.57% | -7.22% | 0.42x | 1.18x | $-11.80 Million |
| 2014 | -26.75% | -61.48% | 0.35x | 1.23x | $-25.70 Million |
| 2015 | -18.28% | -26.03% | 0.29x | 2.38x | $-18.00 Million |
| 2016 | 1.59% | 1.89% | 0.37x | 2.29x | $-5.48 Million |
| 2017 | 14.96% | 19.55% | 0.39x | 1.96x | $4.10 Million |
| 2018 | 19.49% | 29.65% | 0.41x | 1.59x | $10.76 Million |
| 2019 | 8.02% | 14.98% | 0.39x | 1.39x | $-2.69 Million |
| 2020 | 15.37% | 28.65% | 0.45x | 1.19x | $9.22 Million |
| 2021 | 7.98% | 13.73% | 0.49x | 1.20x | $-3.61 Million |
| 2022 | 12.98% | 19.15% | 0.58x | 1.17x | $5.52 Million |
| 2023 | 9.78% | 16.75% | 0.51x | 1.15x | $-476.80K |
| 2024 | 10.98% | 15.90% | 0.60x | 1.16x | $2.05 Million |
Industry Comparison
This section compares Energy Recovery Inc's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $98,276,595
- Average return on equity (ROE) among peers: -123.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Energy Recovery Inc (ERII) | $180.83 Million | 14.09% | 0.16x | $513.82 Million |
| Aduro Clean Technologies Inc. Common Stock (ADUR) | $6.36 Million | -117.00% | 0.09x | $109.58 Million |
| Aker Carbon Capture ASA (AKCCF) | $877.84 Million | -23.25% | 0.48x | $8.31 Million |
| K.B. Recycling Industries Ltd (AKMYF) | $1.15 Million | -209.75% | 2.29x | $1.84 Million |
| Amanasu Environment Corporation (AMSU) | $-269.53K | 0.00% | 0.00x | $1.65K |
| Arq Inc (ARQ) | $108.29 Million | 32.82% | 0.60x | $61.99 Million |
| Active Energy Group PLC (ATGVF) | $2.17 Million | -731.37% | 0.37x | $85.59K |
| Atmofizer Technologies Inc (ATMFF) | $130.66K | -188.44% | 0.28x | $527.96K |
| Birchtech Corp. (BCHT) | $-782.90K | 0.00% | 0.00x | $35.09 Million |
| BIOREM Inc (BIRMF) | $1.57 Million | -1.60% | 3.03x | $24.28 Million |
| Bion Environmental Technologies Inc (BNET) | $-13.69 Million | 0.00% | 0.00x | $3.71 Million |