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Energy Recovery, Inc.（ERII）与MP Materials Corp.（MP）财务数据对比。点击上方公司名可切换其他公司
Energy Recovery, Inc.的季度营收约是MP Materials Corp.的1.3倍（$66.9M vs $52.7M），Energy Recovery, Inc.净利率更高（40.2% vs 17.9%，领先22.4%），Energy Recovery, Inc.同比增速更快（-0.3% vs -13.6%），Energy Recovery, Inc.自由现金流更多（$6.4M vs $-109.3M），过去两年Energy Recovery, Inc.的营收复合增速更高（8.1% vs 4.0%）
Energy Recovery, Inc.是一家美国制造商，专注生产为水务及二氧化碳制冷行业提供的能量回收装置，产品可帮助相关行业在工艺流程中回收利用富余能量，助力客户降低能耗成本，提升运营的绿色低碳水平，在细分领域拥有领先的技术积累。
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
ERII vs MP — 直观对比
营收规模更大
ERII
是对方的1.3倍
$52.7M
营收增速更快
ERII
高出13.3%
-13.6%
净利率更高
ERII
高出22.4%
17.9%
自由现金流更多
ERII
多$115.7M
$-109.3M
两年增速更快
ERII
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.9M | $52.7M |
| 净利润 | $26.9M | $9.4M |
| 毛利率 | 67.2% | — |
| 营业利润率 | 46.8% | -7.0% |
| 净利率 | 40.2% | 17.9% |
| 营收同比 | -0.3% | -13.6% |
| 净利润同比 | 14.7% | 142.2% |
| 每股收益（稀释后） | $0.49 | $0.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ERIIMP
| Q4 25 | $66.9M | $52.7M | ||
| Q3 25 | $32.0M | $53.6M | ||
| Q2 25 | $28.1M | $57.4M | ||
| Q1 25 | — | $60.8M | ||
| Q4 24 | $67.1M | $61.0M | ||
| Q3 24 | $38.6M | $62.9M | ||
| Q2 24 | $27.2M | $31.3M | ||
| Q1 24 | $12.1M | $48.7M |
净利润ERIIMP
| Q4 25 | $26.9M | $9.4M | ||
| Q3 25 | $3.9M | $-41.8M | ||
| Q2 25 | $2.1M | $-30.9M | ||
| Q1 25 | — | $-22.6M | ||
| Q4 24 | $23.5M | $-22.3M | ||
| Q3 24 | $8.5M | $-25.5M | ||
| Q2 24 | $-642.0K | $-34.1M | ||
| Q1 24 | $-8.3M | $16.5M |
毛利率ERIIMP
| Q4 25 | 67.2% | — | ||
| Q3 25 | 64.2% | — | ||
| Q2 25 | 64.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 70.2% | — | ||
| Q3 24 | 65.1% | — | ||
| Q2 24 | 64.6% | — | ||
| Q1 24 | 59.0% | — |
营业利润率ERIIMP
| Q4 25 | 46.8% | -7.0% | ||
| Q3 25 | 11.4% | -125.2% | ||
| Q2 25 | 5.3% | -76.5% | ||
| Q1 25 | — | -57.2% | ||
| Q4 24 | 38.2% | -72.1% | ||
| Q3 24 | 18.3% | -62.8% | ||
| Q2 24 | -7.4% | -171.1% | ||
| Q1 24 | -90.4% | -66.6% |
净利率ERIIMP
| Q4 25 | 40.2% | 17.9% | ||
| Q3 25 | 12.1% | -78.0% | ||
| Q2 25 | 7.3% | -53.8% | ||
| Q1 25 | — | -37.2% | ||
| Q4 24 | 35.0% | -36.6% | ||
| Q3 24 | 22.0% | -40.5% | ||
| Q2 24 | -2.4% | -108.9% | ||
| Q1 24 | -68.3% | 33.9% |
每股收益（稀释后）ERIIMP
| Q4 25 | $0.49 | $0.07 | ||
| Q3 25 | $0.07 | $-0.24 | ||
| Q2 25 | $0.04 | $-0.19 | ||
| Q1 25 | — | $-0.14 | ||
| Q4 24 | $0.40 | $-0.12 | ||
| Q3 24 | $0.15 | $-0.16 | ||
| Q2 24 | $-0.01 | $-0.21 | ||
| Q1 24 | $-0.14 | $-0.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $75.2M | $1.2B |
| 总债务越低越好 | — | $998.7M |
| 股东权益账面价值 | $206.2M | $2.0B |
| 总资产 | $231.5M | $3.9B |
| 负债/权益比越低杠杆越低 | — | 0.50× |
8季度趋势，按日历期对齐
现金及短期投资ERIIMP
| Q4 25 | $75.2M | $1.2B | ||
| Q3 25 | $70.4M | $1.1B | ||
| Q2 25 | $79.5M | $261.5M | ||
| Q1 25 | — | $198.3M | ||
| Q4 24 | $78.0M | $282.4M | ||
| Q3 24 | $118.6M | $284.4M | ||
| Q2 24 | $101.0M | $295.6M | ||
| Q1 24 | $117.4M | $296.5M |
总债务ERIIMP
| Q4 25 | — | $998.7M | ||
| Q3 25 | — | $997.3M | ||
| Q2 25 | — | $910.8M | ||
| Q1 25 | — | $909.8M | ||
| Q4 24 | — | $908.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ERIIMP
| Q4 25 | $206.2M | $2.0B | ||
| Q3 25 | $180.8M | $2.0B | ||
| Q2 25 | $185.2M | $1.0B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $210.0M | $1.1B | ||
| Q3 24 | $233.9M | $1.1B | ||
| Q2 24 | $218.5M | $1.1B | ||
| Q1 24 | $216.0M | $1.1B |
总资产ERIIMP
| Q4 25 | $231.5M | $3.9B | ||
| Q3 25 | $209.6M | $3.8B | ||
| Q2 25 | $212.3M | $2.3B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | $242.8M | $2.3B | ||
| Q3 24 | $262.7M | $2.3B | ||
| Q2 24 | $249.0M | $2.4B | ||
| Q1 24 | $244.3M | $2.4B |
负债/权益比ERIIMP
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.88× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $7.1M | $-46.9M |
| 自由现金流经营现金流 - 资本支出 | $6.4M | $-109.3M |
| 自由现金流率自由现金流/营收 | 9.6% | -207.4% |
| 资本支出强度资本支出/营收 | 1.0% | 118.5% |
| 现金转化率经营现金流/净利润 | 0.26× | -4.97× |
| 过去12个月自由现金流最近4个季度 | $15.8M | $-328.1M |
8季度趋势，按日历期对齐
经营现金流ERIIMP
| Q4 25 | $7.1M | $-46.9M | ||
| Q3 25 | $-3.1M | $-42.0M | ||
| Q2 25 | $4.1M | $-3.7M | ||
| Q1 25 | — | $-63.2M | ||
| Q4 24 | $9.0M | $30.5M | ||
| Q3 24 | $-3.0M | $-6.8M | ||
| Q2 24 | $8.1M | $30.8M | ||
| Q1 24 | $6.5M | $-41.1M |
自由现金流ERIIMP
| Q4 25 | $6.4M | $-109.3M | ||
| Q3 25 | $-3.5M | $-92.5M | ||
| Q2 25 | $4.0M | $-32.7M | ||
| Q1 25 | — | $-93.7M | ||
| Q4 24 | $8.9M | $-11.2M | ||
| Q3 24 | $-3.2M | $-53.3M | ||
| Q2 24 | $7.9M | $-15.6M | ||
| Q1 24 | $5.7M | $-93.0M |
自由现金流率ERIIMP
| Q4 25 | 9.6% | -207.4% | ||
| Q3 25 | -10.9% | -172.8% | ||
| Q2 25 | 14.3% | -56.9% | ||
| Q1 25 | — | -154.0% | ||
| Q4 24 | 13.2% | -18.3% | ||
| Q3 24 | -8.2% | -84.7% | ||
| Q2 24 | 28.9% | -50.1% | ||
| Q1 24 | 46.9% | -191.0% |
资本支出强度ERIIMP
| Q4 25 | 1.0% | 118.5% | ||
| Q3 25 | 1.1% | 94.3% | ||
| Q2 25 | 0.5% | 50.5% | ||
| Q1 25 | — | 50.1% | ||
| Q4 24 | 0.2% | 68.3% | ||
| Q3 24 | 0.4% | 73.8% | ||
| Q2 24 | 0.7% | 148.7% | ||
| Q1 24 | 6.8% | 106.5% |
现金转化率ERIIMP
| Q4 25 | 0.26× | -4.97× | ||
| Q3 25 | -0.81× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | -0.35× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -2.49× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
MP
| Materials Segment | $35.6M | 68% |
| Other | $17.1M | 32% |
