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Enviri Corporation (NVRI) 10-Year Financial Performance & Capital Metrics

NVRI • • Industrial / General
IndustrialsWaste ManagementHazardous & Special Waste ManagementIndustrial Waste Services
AboutEnviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Harsco Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and produces value-added downstream products from industrial waste-stream. The Harsco Clean Earth segment provides specialty waste processing, treatment, and recycling and beneficial reuse solutions for waste needs, such as hazardous, non-hazardous, and contaminated soils and dredged materials. The company was formerly known as Harsco Corporation and changed its name to Enviri Corporation in June 2023. The company was founded in 1853 and is headquartered in Philadelphia, Pennsylvania.Show more
  • Revenue $2.34B -1.0%
  • EBITDA $212M -15.8%
  • Net Income -$128M -48.6%
  • EPS (Diluted) -1.60 -48.1%
  • Gross Margin 18.78% -1.2%
  • EBITDA Margin 9.03% -15.0%
  • Operating Margin 1.36% -59.9%
  • Net Margin -5.46% -50.1%
  • ROE -24.97% -73.7%
  • ROIC 1.21% -59.7%
  • Debt/Equity 3.51 +31.3%
  • Interest Coverage 0.25 -62.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 93 (top 7%)
  • ✓Strong 5Y sales CAGR of 14.2%
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗High debt to equity ratio of 3.5x
  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.27%
5Y14.23%
3Y8.22%
TTM-5.84%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-68.09%

EPS CAGR

10Y-
5Y-
3Y-
TTM-69.11%

ROCE

10Y Avg4.83%
5Y Avg0.85%
3Y Avg0.26%
Latest1.48%

Peer Comparison

Industrial Waste Services
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
MEGMontrose Environmental Group, Inc.834.32M23.61-10.6411.56%-2.52%-4.54%0.11%0.63
NVRIEnviri Corporation1.5B18.56-11.60-0.99%-7.42%-41.25%3.51

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.72B1.45B1.61B1.72B1.2B1.53B1.85B2.13B2.37B2.34B
Revenue Growth %-0.17%-0.16%0.11%0.07%-0.3%0.27%0.2%0.15%0.11%-0.01%
Cost of Goods Sold+1.36B1.17B1.22B1.29B930.1M1.24B1.49B1.8B1.92B1.9B
COGS % of Revenue0.79%0.81%0.76%0.75%0.77%0.81%0.81%0.84%0.81%0.81%
Gross Profit+366.73M280.76M386.34M433.64M274.27M291.74M357.84M338.06M449.89M440.06M
Gross Margin %0.21%0.19%0.24%0.25%0.23%0.19%0.19%0.16%0.19%0.19%
Gross Profit Growth %-0.12%-0.23%0.38%0.12%-0.37%0.06%0.23%-0.06%0.33%-0.02%
Operating Expenses+246.62M204.67M238.9M244.24M197.87M295.05M269.47M438.96M369.95M408.31M
OpEx % of Revenue0.14%0.14%0.15%0.14%0.16%0.19%0.15%0.21%0.16%0.17%
Selling, General & Admin242.11M200.39M234.67M238.69M00272.23M304.87M353.99M359.39M
SG&A % of Revenue0.14%0.14%0.15%0.14%--0.15%0.14%0.15%0.15%
Research & Development4.51M4.28M4.23M5.55M886K534K956K2.86M3.46M3.96M
R&D % of Revenue0%0%0%0%0%0%0%0%0%0%
Other Operating Expenses0000196.98M294.51M-3.72M131.23M12.51M44.96M
Operating Income+88.54M63.47M142.8M190.93M76.4M-3.31M88.38M-100.9M79.94M31.75M
Operating Margin %0.05%0.04%0.09%0.11%0.06%-0%0.05%-0.05%0.03%0.01%
Operating Income Growth %0.39%-0.28%1.25%0.34%-0.6%-1.04%27.73%-2.14%1.79%-0.6%
EBITDA+245.01M204.96M272.74M315.98M212.3M153.44M255.05M62.95M251.3M211.54M
EBITDA Margin %0.14%0.14%0.17%0.18%0.18%0.1%0.14%0.03%0.11%0.09%
EBITDA Growth %0.02%-0.16%0.33%0.16%-0.33%-0.28%0.66%-0.75%2.99%-0.16%
D&A (Non-Cash Add-back)156.47M141.49M129.94M125.06M135.9M156.74M166.67M163.85M171.36M179.8M
EBIT118.66M76.56M104.53M135.02M85.39M62.99M100.74M-91.09M54.41M10.55M
Net Interest Income+-45.23M-49.11M-26.66M-20.5M-33.91M-52.46M-61M-69.21M-113.61M-119.38M
Interest Income1.57M2.48M2.47M2.15M1.98M2.13M2.23M3.56M6.81M6.79M
Interest Expense46.8M51.58M29.13M22.66M35.89M54.59M63.23M72.77M120.42M126.17M
Other Income/Expense-53.72M-144.35M-29.25M-17.05M-45.06M-50.73M-51.17M-67.18M-133.37M-133.43M
Pretax Income+34.81M-79.47M95.45M157.25M31.34M-54.03M37.2M-168.07M-53.43M-101.68M
Pretax Margin %0.02%-0.05%0.06%0.09%0.03%-0.04%0.02%-0.08%-0.02%-0.04%
Income Tax+27.68M6.64M83.8M12.9M12.73M-8.67M9.09M4.86M30.87M17.07M
Effective Tax Rate %0.18%1.08%0.08%0.87%16.08%0.49%-0.09%1.07%1.61%1.26%
Net Income+6.19M-85.67M7.82M137.06M503.92M-26.34M-3.25M-180.07M-86.12M-127.97M
Net Margin %0%-0.06%0%0.08%0.42%-0.02%-0%-0.08%-0.04%-0.05%
Net Income Growth %1.25%-14.84%1.09%16.52%2.68%-1.05%0.88%-54.42%0.52%-0.49%
Net Income (Continuing)7.31M-80.42M11.65M108.53M18.61M-45.36M28.11M-172.93M-84.3M-118.75M
Discontinued Operations0014.63M36.48M493.61M23.39M-25.39M-3.5M-3.8M-3.92M
Minority Interest39.23M41.26M44.71M45.11M48.08M56.24M57.61M53.6M52.26M38.15M
EPS (Diluted)+0.08-1.070.101.64-0.82-0.33-0.04-2.27-1.08-1.60
EPS Growth %1.26%-14.38%1.09%15.4%-1.5%0.6%0.88%-55.75%0.52%-0.48%
EPS (Basic)0.08-1.070.101.70-0.82-0.33-0.04-2.27-1.08-1.60
Diluted Shares Outstanding80.36M80.33M80.55M83.59M79.63M78.94M80.29M79.49M79.8M80.12M
Basic Shares Outstanding80.23M80.33M80.55M80.72M79.63M78.94M79.23M79.49M79.8M80.12M
Dividend Payout Ratio10.62%---------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+664.52M577.69M592.09M605.03M652.81M815.82M874.97M767.74M827.36M710.52M
Cash & Short-Term Investments79.76M71.88M62.1M64.26M57.26M76.45M82.91M81.33M124.61M88.36M
Cash Only79.76M71.88M62.1M64.26M57.26M76.45M82.91M81.33M124.61M88.36M
Short-Term Investments0000000000
Accounts Receivable285.27M257.61M308.26M258.56M362.42M386.52M410.94M289.81M443.63M361.01M
Days Sales Outstanding60.4364.7970.0154.79109.8491.9781.1549.5768.4456.25
Inventory216.97M187.68M178.29M133.11M156.99M61M70.49M81.38M189.37M182.04M
Days Inventory Outstanding58.3958.5353.3137.761.6117.9217.2616.5436.0734.92
Other Current Assets82.53M35.16M39.33M164.7M33.79M261.2M279.57M284.64M11.02M16.68M
Total Non-Current Assets+1.41B1B986.59M1.03B1.71B2.18B2.18B2.02B2.03B1.94B
Property, Plant & Equipment564.03M490.25M479.75M469.9M613.85M722.85M755.49M758.13M810.29M756.45M
Fixed Asset Turnover3.05x2.96x3.35x3.67x1.96x2.12x2.45x2.81x2.92x3.10x
Goodwill400.37M382.25M401.76M411.55M738.37M889.05M883.11M759.25M780.98M739.76M
Intangible Assets53.04M41.57M38.25M79.83M299.08M435.12M402.8M352.16M327.98M298.44M
Long-Term Investments252.61M1.94M170K128K000015.4M5.25M
Other Non-Current Assets33.84M-18.63M15.09M17.31M49.06M120.08M119.65M136.09M76.4M122.24M
Total Assets+2.07B1.58B1.58B1.63B2.37B2.99B3.05B2.79B2.85B2.65B
Asset Turnover0.83x0.92x1.02x1.05x0.51x0.51x0.61x0.76x0.83x0.88x
Asset Growth %-0.09%-0.24%-0%0.03%0.45%0.26%0.02%-0.09%0.02%-0.07%
Total Current Liabilities+506.12M427.95M474.13M417M464.89M537.96M601.39M597.28M655.23M566.38M
Accounts Payable136.02M107.95M126.25M124.98M176.75M164.1M186.13M205.58M243.28M214.69M
Days Payables Outstanding36.633.6637.7535.469.3648.2245.5841.7846.3441.19
Short-Term Debt55.31M29.83M19.83M16.57M6.31M21.03M17.97M19.75M59.2M55.2M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K001000K1000K
Other Current Liabilities259.3M231.38M149.64M184.47M177.38M286.39M365.32M342.8M227.26M159.93M
Current Ratio1.31x1.35x1.25x1.45x1.40x1.52x1.45x1.29x1.26x1.25x
Quick Ratio0.88x0.91x0.87x1.13x1.07x1.40x1.34x1.15x0.97x0.93x
Cash Conversion Cycle82.2189.6585.5757.09102.0861.6752.8324.3358.1749.98
Total Non-Current Liabilities+1.25B1.02B889.39M902.5M1.11B1.74B1.65B1.57B1.62B1.63B
Long-Term Debt845.62M629.24M566.79M585.66M775.5M1.27B1.36B1.34B1.37B1.35B
Capital Lease Obligations-255.65M-319.83M0036.97M67.13M74.57M75.25M109.39M131.91M
Deferred Tax Liabilities12.1M2.62M0213.58M202.11M36.19M33.83M30.07M29.16M26.8M
Other Non-Current Liabilities130.91M64.41M322.6M275.03M91.93M322.41M178.9M128.22M117.98M128.74M
Total Liabilities1.76B1.44B1.36B1.32B1.58B2.28B2.25B2.17B2.28B2.2B
Total Debt+911.06M659.07M586.62M602.23M831.33M1.38B1.48B1.46B1.54B1.58B
Net Debt831.31M587.19M524.52M537.97M774.07M1.31B1.39B1.38B1.41B1.49B
Debt / Equity2.93x4.79x2.73x1.92x1.05x1.94x1.83x2.34x2.67x3.51x
Debt / EBITDA3.72x3.22x2.15x1.91x3.92x9.01x5.79x23.15x6.11x7.45x
Net Debt / EBITDA3.39x2.86x1.92x1.70x3.65x8.51x5.47x21.86x5.62x7.03x
Interest Coverage1.89x1.23x4.90x8.43x2.13x-0.06x1.40x-1.39x0.66x0.25x
Total Equity+310.8M137.56M215.16M313.38M789.66M713.4M805.77M623.04M575.41M449.6M
Equity Growth %-0.13%-0.56%0.56%0.46%1.52%-0.1%0.13%-0.23%-0.08%-0.22%
Book Value per Share3.871.712.673.759.929.0410.047.847.215.61
Total Shareholders' Equity271.57M96.3M170.45M268.26M741.58M657.15M748.16M569.44M523.15M411.45M
Common Stock140.5M140.63M141.11M141.84M143.4M144.29M144.88M145.45M146.1M146.84M
Retained Earnings1.24B1.15B1.16B1.3B1.82B1.8B1.79B1.61B1.53B1.4B
Treasury Stock-760.3M-760.39M-762.08M-795.82M-838.89M-843.23M-846.62M-848.57M-850M-851.88M
Accumulated OCI-515.69M-606.72M-546.58M-567.11M-587.62M-645.74M-560.14M-567.64M-539.69M-538.96M
Minority Interest39.23M41.26M44.71M45.11M48.08M56.24M57.61M53.6M52.26M38.15M

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+121.51M159.78M176.89M192.02M-163K53.82M72.2M150.53M114.45M78.06M
Operating CF Margin %0.07%0.11%0.11%0.11%-0%0.04%0.04%0.07%0.05%0.03%
Operating CF Growth %-0.46%0.32%0.11%0.09%-1%331.17%0.34%1.08%-0.24%-0.32%
Net Income6.33M-79.75M11.84M145.01M512.22M-26.34M2.73M-176.43M-88.1M-122.66M
Depreciation & Amortization156.47M141.49M129.94M132.78M138.4M159.7M166.67M163.85M171.36M179.8M
Stock-Based Compensation4.98M7.64M9.03M10.27M08.56M010.8M12.92M16.65M
Deferred Taxes5.17M-7.65M57.35M-6.52M6.82M0-16.93M-13.56M2.96M-12.8M
Other Non-Cash Items1.92M135.3M842K2.67M-562.21M-48.39M5.3M106.81M12.11M25.93M
Working Capital Changes-48.39M-29.59M-23.08M-81.62M-95.39M-39.72M-85.58M59.07M3.19M-8.86M
Change in Receivables41.65M16.04M-32.01M-16.88M169.74M5.84M-60.42M113.59M-35.01M34.45M
Change in Inventory-44.81M-12.31M19.56M-14.71M-42.48M-12.28M-7.78M-16.8M-3.41M-7.53M
Change in Payables-401K-20.29M12.55M18.35M13.41M014.12M19.26M-5.09M-15.04M
Cash from Investing+-130.37M122.89M-103.33M-161.14M-132.19M-520.64M-124.45M-99.06M-116.58M-34.07M
Capital Expenditures-123.55M-69.34M-98.31M-132.17M-184.97M-120.22M-158.33M-137.16M-139.03M-136.59M
CapEx % of Revenue0.07%0.05%0.06%0.08%0.15%0.08%0.09%0.06%0.06%0.06%
Acquisitions----------
Investments----------
Other Investing23.29M26.61M-5.01M27.41M15.71M32.44M22.94M19.45M18.19M32.77M
Cash from Financing+22.45M-292.27M-83.72M-25.54M125.73M486.96M60.24M-42.78M44.77M-63.4M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-65.73M-4.11M00000000
Share Repurchases----------
Other Financing53.38M-10.36M-1.73M-5.6M-23.72M-7.57M-16.51M-11.8M223K-23.59M
Net Change in Cash----------
Free Cash Flow+-2.04M90.44M78.58M59.85M-186.45M-66.41M-86.49M13.18M-25.08M-59.84M
FCF Margin %-0%0.06%0.05%0.03%-0.15%-0.04%-0.05%0.01%-0.01%-0.03%
FCF Growth %-1.11%45.23%-0.13%-0.24%-4.12%0.64%-0.3%1.15%-2.9%-1.39%
FCF per Share-0.031.130.980.72-2.34-0.84-1.080.17-0.31-0.75
FCF Conversion (FCF/Net Income)19.64x-1.87x22.61x1.40x-0.00x-2.04x-22.22x-0.84x-1.33x-0.61x
Interest Paid0000059.5M0000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)1.85%-38.21%4.44%51.86%91.37%-3.5%-0.43%-25.21%-14.37%-24.97%
Return on Invested Capital (ROIC)5.75%5.1%14.63%18%4.75%-0.14%3.14%-3.6%3.01%1.21%
Gross Margin21.28%19.35%24.04%25.18%22.77%19.02%19.36%15.84%19.01%18.78%
Net Margin0.36%-5.9%0.49%7.96%41.84%-1.72%-0.18%-8.44%-3.64%-5.46%
Debt / Equity2.93x4.79x2.73x1.92x1.05x1.94x1.83x2.34x2.67x3.51x
Interest Coverage1.89x1.23x4.90x8.43x2.13x-0.06x1.40x-1.39x0.66x0.25x
FCF Conversion19.64x-1.87x22.61x1.40x-0.00x-2.04x-22.22x-0.84x-1.33x-0.61x
Revenue Growth-16.59%-15.78%10.74%7.18%-30.08%27.37%20.49%15.45%10.87%-0.99%

Revenue by Segment

2024
Products And Services, On-site Services And Material Logistics, Product Quality Improvement And Resource Recovery967.19M
Products And Services, On-site Services And Material Logistics, Product Quality Improvement And Resource Recovery Growth-
Waste Processing and Reuse Solutions778.4M
Waste Processing and Reuse Solutions Growth-
Applied Products120.9M
Applied Products Growth-
Railway Track Maintenance Equipment113.04M
Railway Track Maintenance Equipment Growth-
Railway Contracting Services60.92M
Railway Contracting Services Growth-
Aluminum Dross and Scrap Processing Systems23.43M
Aluminum Dross and Scrap Processing Systems Growth-

Revenue by Geography

2024
North America1.41B
North America Growth-
Western Europe510.17M
Western Europe Growth-
Latin America160.26M
Latin America Growth-
Asia Pacific145.41M
Asia Pacific Growth-
Middle East And Africa103.96M
Middle East And Africa Growth-
Eastern Europe17.3M
Eastern Europe Growth-

Frequently Asked Questions

Growth & Financials

Enviri Corporation (NVRI) reported $2.24B in revenue for fiscal year 2024. This represents a 32% decrease from $3.30B in 2011.

Enviri Corporation (NVRI) saw revenue decline by 1.0% over the past year.

Enviri Corporation (NVRI) reported a net loss of $166.6M for fiscal year 2024.

Dividend & Returns

Enviri Corporation (NVRI) has a return on equity (ROE) of -25.0%. Negative ROE indicates the company is unprofitable.

Enviri Corporation (NVRI) had negative free cash flow of $27.9M in fiscal year 2024, likely due to heavy capital investments.

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