Energy Recovery price to free cash flow ERII
Market value divided by free cash flow over the last twelve months, since 2014.
- Today, Oct 23, 2026
- 8.8×
- 10-year median
- 63.8×
- Against its 10-year history
- 6th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 5.6× to 487×
- Peer median
- 24.9×
Energy Recovery's price to free cash flow is 8.8× as of Oct 23, 2026.
That is below its ten-year median of 63.8×, lower than on 94% of days in the last ten years.
Over that time it ranged from 5.6× in Feb 2017 to 487× in Sep 2022.
The median for 10 semiconductor stocks of a similar size is 24.9×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 8.8× | 8.8× | 43.3× |
| 2025 | 37.0× | 25.8× | 47.7× |
| 2024 | 37.8× | 25.1× | 50.1× |
| 2023 | 90.4× | 72.9× | 166× |
| 2022 | 149× | 129× | 487× |
| 2021 | 150× | 45.4× | 168× |
| 2020 | 106× | 77.9× | 106× |
| 2019 | 343× | 31.8× | 355× |
| 2018 | 28.7× | 28.2× | 250× |
| 2017 | 118× | 5.6× | 118× |
| 2016 | 6.9× | 5.7× | 10.8× |
| 2015 | n/m a value too high to mean anything | ||
| 2014 | 119× | 88.5× | 306× |
Against its peers
Companies in Semiconductors nearest Energy Recovery's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| ERIIEnergy Recovery | 8.8× |
| NVECNVE | 18.9× |
| ASYSAmtech Systems | 24.9× |
| KOPNKopin | n/m |
| SHLSShoals Technologies | n/m |
| CRCTCricut | n/m |
| SOTKSono TEK | 11.5× |
| PLABPhotronics | 15.0× |
| VECOVeeco Instruments | 30.2× |
| POWIPower Integrations | 33.2× |
| IPGPIPG Photonics | 145× |
| Peer median | 24.9× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Energy Recovery
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.