Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Energy Recovery's share price for the quarter that ended in Dec. 2023 was $18.84. Energy Recovery's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 56.9 Mil. Therefore, Energy Recovery's market cap for the quarter that ended in Dec. 2023 was $1,071.6 Mil.
Energy Recovery's quarterly market cap
declined
from Jun. 2023 ($1,576.5 Mil) to Sep. 2023 ($1,198.5 Mil) and
declined
from Sep. 2023 ($1,198.5 Mil) to Dec. 2023 ($1,071.6 Mil).
Energy Recovery's annual market cap
declined
from Dec. 2021 ($1,221.1 Mil) to Dec. 2022 ($1,149.0 Mil) and
declined
from Dec. 2022 ($1,149.0 Mil) to Dec. 2023 ($1,071.6 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Energy Recovery's Enterprise Value for Today is $718.8 Mil.
Energy Recovery Market Cap Historical Data
The historical data trend for Energy Recovery's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Energy Recovery's Market Cap
For the Pollution & Treatment Controls subindustry, Energy Recovery's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Energy Recovery's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Energy Recovery's Market Cap distribution charts can be found below:
* The bar in red indicates where Energy Recovery's Market Cap falls into.
Energy Recovery Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Energy Recovery's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Energy Recovery (NAS:ERII) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Energy Recovery Market Cap Related Terms
Thank you for viewing the detailed overview of Energy Recovery's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Energy Recovery (Energy Recovery) Business Description
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
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