Energy Historical Income Statement

ERII Stock  USD 13.63  0.10  0.74%   
Historical analysis of Energy Recovery income statement accounts such as Selling And Marketing Expenses of 23.3 M or Total Revenue of 134.8 M can show how well Energy Recovery performed in making a profits. Evaluating Energy Recovery income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Energy Recovery's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Energy Recovery latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Energy Recovery is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Recovery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.

About Energy Income Statement Analysis

Energy Recovery Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Energy Recovery shareholders. The income statement also shows Energy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Energy Recovery Income Statement Chart

Energy Recovery Income Statement is one of the three primary financial statements used for reporting Energy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Energy Recovery revenue and expense. Energy Recovery Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Energy Recovery's Gross Profit is increasing as compared to previous years. The Energy Recovery's current Operating Income is estimated to increase to about 20 M, while Selling General Administrative is projected to decrease to under 18.5 M.

Total Revenue

Total revenue comprises all receipts Energy Recovery generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Energy Recovery minus its cost of goods sold. It is profit before Energy Recovery operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Energy Recovery's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Energy Recovery current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Recovery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.As of now, Energy Recovery's Gross Profit is increasing as compared to previous years. The Energy Recovery's current Operating Income is estimated to increase to about 20 M, while Selling General Administrative is projected to decrease to under 18.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit71.2M87.4M87.1M91.4M
Total Revenue103.9M125.6M128.3M134.8M

Energy Recovery income statement Correlations

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Click cells to compare fundamentals

Energy Recovery Account Relationship Matchups

Energy Recovery income statement Accounts

201920202021202220232024 (projected)
Interest Expense2.0M3.8M173K908K1.0M1.1M
Selling General Administrative22.8M25.5M25.2M28.3M28.9M18.5M
Selling And Marketing Expenses9.4M8.1M12.2M16.3M22.2M23.3M
Total Revenue86.9M119.0M103.9M125.6M128.3M134.8M
Gross Profit66.6M90.7M71.2M87.4M87.1M91.4M
Other Operating Expenses76.6M85.4M90.1M100.8M109.3M59.1M
Operating Income10.4M31.3M13.8M18.5M19.1M20.0M
Ebit10.4M31.3M13.8M18.5M19.1M20.0M
Research Development23.4M23.4M20.1M17.9M17.0M10.2M
Ebitda16.7M41.3M19.8M24.8M24.8M26.0M
Cost Of Revenue20.3M28.2M32.7M38.2M41.3M21.8M
Total Operating Expenses56.2M57.1M57.4M62.5M68.0M37.3M
Income Before Tax12.3M32.1M14.0M26.1M22.7M23.8M
Total Other Income Expense Net1.9M839K173K7.5M(101K)(96.0K)
Net Income10.9M26.4M14.3M24.0M21.5M22.6M
Income Tax Expense1.3M5.7M(265K)2.0M1.2M1.3M
Depreciation And Amortization6.3M10.0M5.9M6.3M5.7M3.9M
Net Income Applicable To Common Shares10.9M26.4M14.3M24.0M27.7M29.0M
Net Income From Continuing Ops10.9M26.4M14.3M24.0M21.5M22.6M
Tax Provision1.3M5.7M(265K)2.0M1.2M1.3M
Interest Income2.0M913K204K908K3.8M3.9M
Net Interest Income2.0M913K204K908K3.8M3.9M
Reconciled Depreciation4.4M5.3M5.9M6.3M5.7M5.5M

Pair Trading with Energy Recovery

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energy Recovery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energy Recovery will appreciate offsetting losses from the drop in the long position's value.

Moving against Energy Stock

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The ability to find closely correlated positions to Energy Recovery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Recovery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Energy Recovery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Energy Recovery to buy it.
The correlation of Energy Recovery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Energy Recovery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Recovery moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Energy Recovery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Energy Recovery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Recovery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Energy Recovery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Recovery Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Recovery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Energy Recovery's price analysis, check to measure Energy Recovery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Recovery is operating at the current time. Most of Energy Recovery's value examination focuses on studying past and present price action to predict the probability of Energy Recovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Recovery's price. Additionally, you may evaluate how the addition of Energy Recovery to your portfolios can decrease your overall portfolio volatility.
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Is Energy Recovery's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Recovery. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Recovery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.414
Earnings Share
0.37
Revenue Per Share
2.274
Quarterly Revenue Growth
0.352
Return On Assets
0.0507
The market value of Energy Recovery is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Recovery's value that differs from its market value or its book value, called intrinsic value, which is Energy Recovery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Recovery's market value can be influenced by many factors that don't directly affect Energy Recovery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Recovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Recovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Recovery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.