Enviri (NVRI) Financials

$6.98 +0.09 (+1.23%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$6.96 -0.03 (-0.43%)

As of 05/6/2025 04:05 PM Eastern

Annual Income Statements for Enviri

This table shows Enviri's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-180	-86	-128
Consolidated Net Income / (Loss)	-176	-88	-123
Net Income / (Loss) Continuing Operations	-173	-84	-119
Total Pre-Tax Income	-168	-53	-102
Total Operating Income	-101	80	32
Total Gross Profit	334	450	440
Total Revenue	2,134	2,366	2,343
Operating Revenue	2,134	2,366	2,343
Total Cost of Revenue	1,799	1,916	1,903
Operating Cost of Revenue	1,799	1,916	1,903
Total Operating Expenses	439	370	408
Selling, General & Admin Expense	305	354	359
Research & Development Expense	2.86	3.46	3.96
Other Operating Expenses / (Income)	12	-1.59	-5.04
Impairment Charge	120	14	50
Total Other Income / (Expense), net	-67	-133	-133
Interest Expense	77	107	112
Interest & Investment Income	3.83	6.81	6.80
Other Income / (Expense), net	5.98	-32	-28
Income Tax Expense	4.86	31	17
Other Gains / (Losses), net	-0.18	-0.76	-0.01
Net Income / (Loss) Discontinued Operations	-	-3.80	-3.92
Net Income / (Loss) Attributable to Noncontrolling Interest	3.64	-1.98	5.31
Basic Earnings per Share	($2.27)	($1.08)	($1.60)
Weighted Average Basic Shares Outstanding	79.49M	79.80M	80.12M
Diluted Earnings per Share	($2.27)	($1.08)	($1.60)
Weighted Average Diluted Shares Outstanding	79.49M	79.80M	80.12M
Weighted Average Basic & Diluted Shares Outstanding	79.50M	79.83M	80.20M

This table shows Enviri's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	2.08	-37	-9.53	-11	-11	-54	-18	-14	-13	-83
Consolidated Net Income / (Loss)	2.88	-36	-8.59	-16	-10	-54	-17	-11	-12	-82
Net Income / (Loss) Continuing Operations	1.43	-63	-7.44	-15	-8.96	-53	-16	-10	-11	-82
Total Pre-Tax Income	11	-65	0.71	0.74	-5.31	-49	-7.58	-0.33	2.31	-96
Total Operating Income	30	-42	32	34	29	-14	26	31	37	-63
Total Gross Profit	94	87	109	134	126	81	122	130	119	69
Total Revenue	487	713	561	609	597	599	600	610	574	559
Operating Revenue	487	713	561	609	597	599	600	610	574	559
Total Cost of Revenue	393	626	452	475	471	518	478	480	455	489
Operating Cost of Revenue	393	626	452	475	471	518	478	480	455	489
Total Operating Expenses	64	132	77	101	97	95	96	99	82	132
Selling, General & Admin Expense	64	104	82	87	94	92	87	90	89	93
Research & Development Expense	0.19	2.31	0.52	1.02	0.90	1.02	0.86	0.94	0.89	1.27
Other Operating Expenses / (Income)	-0.35	11	-5.65	-1.27	2.87	2.46	-2.44	7.12	-8.56	-1.16
Impairment Charge	0.00	-	0.00	14	0.00	-	11	0.00	0.00	39
Total Other Income / (Expense), net	-19	-24	-31	-33	-34	-34	-33	-32	-35	-33
Interest Expense	20	25	25	26	28	28	28	28	29	27
Interest & Investment Income	0.95	1.54	1.48	1.59	1.72	2.01	1.70	3.44	0.98	0.68
Other Income / (Expense), net	-0.39	0.10	-7.69	-8.13	-8.24	-8.28	-6.97	-7.09	-7.24	-6.71
Income Tax Expense	9.38	-2.63	8.02	15	3.50	4.02	7.92	10	13	-14
Other Gains / (Losses), net	-0.13	0.20	-0.13	-0.31	-0.15	-0.17	-0.25	0.13	0.04	0.07
Net Income / (Loss) Discontinued Operations	1.45	-	-1.15	-0.94	-1.14	-0.57	-1.11	-0.90	-1.17	-0.74
Net Income / (Loss) Attributable to Noncontrolling Interest	0.80	0.58	0.94	-4.40	0.71	0.78	1.12	2.48	0.90	0.81
Basic Earnings per Share	$0.03	($0.47)	($0.12)	($0.14)	($0.14)	($0.68)	($0.22)	($0.17)	($0.16)	($1.05)
Weighted Average Basic Shares Outstanding	79.53M	79.49M	79.63M	79.82M	79.85M	79.80M	79.95M	80.15M	80.17M	80.12M
Diluted Earnings per Share	$0.03	($0.47)	($0.12)	($0.14)	($0.14)	($0.68)	($0.22)	($0.17)	($0.16)	($1.05)
Weighted Average Diluted Shares Outstanding	79.57M	79.49M	79.63M	79.82M	79.85M	79.80M	79.95M	80.15M	80.17M	80.12M
Weighted Average Basic & Diluted Shares Outstanding	79.47M	79.50M	79.74M	79.76M	79.83M	79.83M	80.10M	80.11M	80.14M	80.20M

This table details how cash moves in and out of Enviri's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-2.03	40	-34
Net Cash From Operating Activities	151	114	78
Net Cash From Continuing Operating Activities	151	114	78
Net Income / (Loss) Continuing Operations	-176	-88	-123
Consolidated Net Income / (Loss)	-176	-88	-123
Depreciation Expense	130	139	148
Amortization Expense	34	32	31
Non-Cash Adjustments To Reconcile Net Income	103	14	18
Changes in Operating Assets and Liabilities, net	62	17	2.96
Net Cash From Investing Activities	-99	-117	-34
Net Cash From Continuing Investing Activities	-99	-117	-34
Purchase of Property, Plant & Equipment	-137	-139	-137
Acquisitions	-0.18	-0.50	-1.31
Sale of Property, Plant & Equipment	19	18	34
Divestitures	0.00	0.00	58
Sale and/or Maturity of Investments	-2.30	4.25	12
Other Investing Activities, net	0.27	0.46	0.00
Net Cash From Financing Activities	-43	45	-63
Net Cash From Continuing Financing Activities	-43	45	-63
Repayment of Debt	-255	-157	-285
Payment of Dividends	-4.84	-0.01	-18
Issuance of Debt	224	202	241
Issuance of Common Equity	0.00	1.65	0.87
Other Financing Activities, net	-6.96	-1.43	-1.89
Effect of Exchange Rate Changes	-11	-3.12	-15

This table details how cash moves in and out of Enviri's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-16	0.06	11	-6.87	9.32	26	-17	0.10	5.63	-23
Net Cash From Operating Activities	13	19	37	-8.72	18	68	1.35	39	1.39	36
Net Cash From Continuing Operating Activities	13	20	37	-8.72	18	68	1.35	39	1.39	36
Net Income / (Loss) Continuing Operations	2.88	-36	-8.59	-16	-10	-54	-17	-11	-12	-82
Consolidated Net Income / (Loss)	2.88	-36	-8.59	-16	-10	-54	-17	-11	-12	-82
Depreciation Expense	32	32	33	34	35	36	37	37	38	37
Amortization Expense	8.54	8.53	7.97	8.07	8.30	8.08	8.17	8.01	7.91	7.38
Non-Cash Adjustments To Reconcile Net Income	8.88	-4.71	7.25	-5.08	-3.25	15	0.90	-9.12	-15	41
Changes in Operating Assets and Liabilities, net	-39	21	-2.75	-30	-12	62	-28	14	-17	34
Net Cash From Investing Activities	-30	-25	-23	-34	-22	-38	-23	4.02	-3.01	-12
Net Cash From Continuing Investing Activities	-30	-25	-23	-34	-22	-38	-23	4.02	-3.01	-12
Purchase of Property, Plant & Equipment	-40	-36	-22	-44	-27	-45	-27	-34	-42	-34
Acquisitions	-0.05	-0.04	-0.04	-0.39	-0.05	-0.03	-0.08	-0.41	-0.70	-0.13
Sale of Property, Plant & Equipment	1.70	2.47	0.82	12	0.64	4.91	4.31	20	4.90	4.58
Divestitures	-	-	-	-	-	-	-	-	41	-0.03
Sale and/or Maturity of Investments	8.57	-16	-1.21	-1.20	4.44	2.22	-	-	-	18
Net Cash From Financing Activities	3.85	8.01	-2.16	36	16	-5.17	13	-41	6.05	-41
Net Cash From Continuing Financing Activities	3.85	8.01	-2.16	36	16	-5.17	13	-41	6.05	-41
Repayment of Debt	-46	-57	-60	-30	-46	-21	-14	-43	-150	-77
Payment of Dividends	-	-	0.00	-	-	-0.01	-8.24	-4.31	-3.41	-2.33
Issuance of Debt	54	65	59	65	62	16	35	6.68	160	39
Other Financing Activities, net	-0.12	-0.13	-0.93	-0.31	-0.14	-0.05	-1.04	-0.29	-0.21	-0.34
Effect of Exchange Rate Changes	-3.01	-1.95	-1.07	-0.72	-2.44	1.12	-8.25	-1.57	1.21	-6.44

This table presents Enviri's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	2,791	2,855	2,650
Total Current Assets	768	827	711
Cash & Equivalents	81	121	88
Restricted Cash	3.76	3.38	1.80
Accounts Receivable	290	379	301
Inventories, net	81	189	182
Prepaid Expenses	31	59	62
Other Current Assets	15	76	75
Plant, Property, & Equipment, net	657	707	664
Total Noncurrent Assets	1,366	1,320	1,275
Goodwill	759	781	740
Intangible Assets	352	328	298
Noncurrent Deferred & Refundable Income Taxes	17	16	18
Employee Benefit Assets	-	45	74
Other Noncurrent Operating Assets	167	150	146
Total Liabilities & Shareholders' Equity	2,791	2,855	2,650
Total Liabilities	2,168	2,279	2,201
Total Current Liabilities	597	655	566
Short-Term Debt	20	30	29
Accounts Payable	206	243	215
Current Deferred Revenue	-	38	13
Current Deferred & Payable Income Tax Liabilities	3.64	7.57	5.75
Current Employee Benefit Liabilities	44	80	64
Other Current Liabilities	166	256	240
Total Noncurrent Liabilities	1,571	1,624	1,634
Long-Term Debt	1,337	1,401	1,411
Asset Retirement Reserve & Litigation Obligation	27	26	47
Noncurrent Deferred & Payable Income Tax Liabilities	30	29	27
Noncurrent Employee Benefit Liabilities	47	45	27
Other Noncurrent Operating Liabilities	121	123	123
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	623	575	450
Total Preferred & Common Equity	569	523	411
Total Common Equity	569	523	411
Common Stock	371	385	402
Retained Earnings	1,614	1,528	1,400
Treasury Stock	-849	-850	-852
Accumulated Other Comprehensive Income / (Loss)	-568	-540	-539
Noncontrolling Interest	54	52	38

This table presents Enviri's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	2,771	2,825	2,853	2,837	2,790	2,769	2,802
Total Current Assets	797	793	825	831	784	783	806
Cash & Equivalents	82	92	85	96	104	104	110
Restricted Cash	3.30	4.48	3.88	3.10	3.53	3.46	2.89
Accounts Receivable	296	308	338	318	342	350	362
Inventories, net	81	85	85	85	190	189	196
Prepaid Expenses	34	25	22	34	53	51	64
Other Current Assets	40	15	19	28	83	86	71
Plant, Property, & Equipment, net	630	665	650	641	689	692	698
Total Noncurrent Assets	1,344	1,367	1,378	1,365	1,318	1,293	1,298
Goodwill	745	763	765	759	771	771	767
Intangible Assets	372	346	339	331	320	310	306
Noncurrent Deferred & Refundable Income Taxes	17	18	15	15	16	15	16
Other Noncurrent Operating Assets	147	171	169	170	202	197	208
Total Liabilities & Shareholders' Equity	2,771	2,825	2,853	2,837	2,790	2,769	2,802
Total Liabilities	2,145	2,201	2,225	2,224	2,244	2,240	2,276
Total Current Liabilities	592	618	607	593	578	594	619
Short-Term Debt	26	15	18	29	19	25	32
Accounts Payable	204	225	213	202	225	231	246
Current Deferred Revenue	-	-	-	-	36	-	17
Current Deferred & Payable Income Tax Liabilities	4.27	3.99	5.34	7.65	5.17	2.18	8.95
Current Employee Benefit Liabilities	38	50	52	59	53	55	65
Other Current Liabilities	162	164	165	156	238	280	250
Total Noncurrent Liabilities	1,554	1,583	1,618	1,631	1,666	1,646	1,657
Long-Term Debt	1,315	1,346	1,382	1,400	1,445	1,418	1,432
Asset Retirement Reserve & Litigation Obligation	27	26	26	25	-	25	23
Noncurrent Deferred & Payable Income Tax Liabilities	32	28	33	31	34	36	32
Noncurrent Employee Benefit Liabilities	49	48	49	49	45	45	40
Other Noncurrent Operating Liabilities	123	125	121	121	143	123	131
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	626	624	627	614	546	529	526
Total Preferred & Common Equity	575	569	577	564	501	486	484
Total Common Equity	575	569	577	564	501	486	484
Common Stock	369	375	378	381	388	393	398
Retained Earnings	1,651	1,605	1,593	1,583	1,510	1,497	1,484
Accumulated Other Comprehensive Income / (Loss)	-597	-561	-545	-550	-547	-553	-546
Other Equity Adjustments	-848	-850	-850	-850	-851	-851	-852
Noncontrolling Interest	52	54	50	50	45	43	42

This table displays calculated financial ratios and metrics derived from Enviri's official financial filings.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-
Revenue Growth	15.45%	10.87%	-0.99%
EBITDA Growth	-74.01%	217.66%	-16.17%
EBIT Growth	-196.35%	150.15%	-92.12%
NOPAT Growth	-205.48%	179.23%	-60.29%
Net Income Growth	-6,565.04%	50.07%	-39.23%
EPS Growth	-5,575.00%	52.42%	-48.15%
Operating Cash Flow Growth	108.49%	-23.97%	-31.79%
Free Cash Flow Firm Growth	280.10%	-175.43%	205.59%
Invested Capital Growth	-10.53%	9.03%	-4.43%
Revenue Q/Q Growth	48.65%	5.86%	12.28%
EBITDA Q/Q Growth	-47.77%	-8.65%	-29.74%
EBIT Q/Q Growth	-184.91%	-34.06%	-95.40%
NOPAT Q/Q Growth	-134.31%	-16.86%	-71.42%
Net Income Q/Q Growth	3.67%	-24.68%	-30.76%
EPS Q/Q Growth	-8.10%	-24.14%	-30.08%
Operating Cash Flow Q/Q Growth	-3.88%	74.63%	-29.06%
Free Cash Flow Firm Q/Q Growth	-52.39%	-268.49%	250.78%
Invested Capital Q/Q Growth	0.32%	8.88%	-4.14%
Profitability Metrics	-	-	-
Gross Margin	15.67%	19.01%	18.78%
EBITDA Margin	3.23%	9.25%	7.84%
Operating Margin	-4.73%	3.38%	1.36%
EBIT Margin	-4.45%	2.01%	0.16%
Profit (Net Income) Margin	-8.27%	-3.72%	-5.24%
Tax Burden Percent	105.08%	167.26%	120.65%
Interest Burden Percent	176.88%	-110.65%	-2,709.75%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-3.86%	3.10%	1.21%
ROIC Less NNEP Spread (ROIC-NNEP)	-13.36%	-8.85%	-9.70%
Return on Net Nonoperating Assets (RNNOA)	-20.83%	-17.80%	-25.14%
Return on Equity (ROE)	-24.70%	-14.70%	-23.93%
Cash Return on Invested Capital (CROIC)	7.25%	-5.54%	5.73%
Operating Return on Assets (OROA)	-3.25%	1.69%	0.14%
Return on Assets (ROA)	-6.04%	-3.12%	-4.46%
Return on Common Equity (ROCE)	-22.77%	-13.40%	-21.82%
Return on Equity Simple (ROE_SIMPLE)	-30.98%	-16.84%	-29.81%
Net Operating Profit after Tax (NOPAT)	-71	56	22
NOPAT Margin	-3.31%	2.37%	0.95%
Net Nonoperating Expense Percent (NNEP)	9.50%	11.95%	10.91%
Return On Investment Capital (ROIC_SIMPLE)	-3.57%	2.79%	1.18%
Cost of Revenue to Revenue	84.33%	80.99%	81.22%
SG&A Expenses to Revenue	14.29%	14.96%	15.34%
R&D to Revenue	0.13%	0.15%	0.17%
Operating Expenses to Revenue	20.57%	15.64%	17.43%
Earnings before Interest and Taxes (EBIT)	-95	48	3.75
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	69	219	184
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.88	1.37	1.50
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.23	0.30	0.26
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.06	1.10	1.11
Enterprise Value to Revenue (EV/Rev)	0.86	0.88	0.86
Enterprise Value to EBITDA (EV/EBITDA)	26.48	9.49	10.92
Enterprise Value to EBIT (EV/EBIT)	0.00	43.65	534.35
Enterprise Value to NOPAT (EV/NOPAT)	0.00	37.14	90.22
Enterprise Value to Operating Cash Flow (EV/OCF)	12.13	18.16	25.68
Enterprise Value to Free Cash Flow (EV/FCFF)	13.77	0.00	18.99
Leverage & Solvency	-	-	-
Debt to Equity	2.18	2.49	3.20
Long-Term Debt to Equity	2.15	2.44	3.14
Financial Leverage	1.56	2.01	2.59
Leverage Ratio	4.09	4.71	5.37
Compound Leverage Factor	7.24	-5.21	-145.53
Debt to Total Capital	68.53%	71.33%	76.21%
Short-Term Debt to Total Capital	1.00%	1.52%	1.54%
Long-Term Debt to Total Capital	67.53%	69.82%	74.66%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.71%	2.60%	2.02%
Common Equity to Total Capital	28.76%	26.06%	21.78%
Debt to EBITDA	19.68	6.54	7.84
Net Debt to EBITDA	18.45	5.97	7.35
Long-Term Debt to EBITDA	19.40	6.40	7.69
Debt to NOPAT	-19.21	25.59	64.80
Net Debt to NOPAT	-18.01	23.36	60.74
Long-Term Debt to NOPAT	-18.93	25.05	63.48
Altman Z-Score	1.67	1.89	1.86
Noncontrolling Interest Sharing Ratio	7.78%	8.83%	8.82%
Liquidity Ratios	-	-	-
Current Ratio	1.29	1.26	1.25
Quick Ratio	0.62	0.76	0.69
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	133	-100	106
Operating Cash Flow to CapEx	127.79%	94.74%	76.15%
Free Cash Flow to Firm to Interest Expense	1.73	-0.93	0.94
Operating Cash Flow to Interest Expense	1.96	1.07	0.70
Operating Cash Flow Less CapEx to Interest Expense	0.43	-0.06	-0.22
Efficiency Ratios	-	-	-
Asset Turnover	0.73	0.84	0.85
Accounts Receivable Turnover	6.09	7.08	6.89
Inventory Turnover	23.70	14.15	10.25
Fixed Asset Turnover	3.26	3.47	3.42
Accounts Payable Turnover	9.19	8.54	8.31
Days Sales Outstanding (DSO)	59.93	51.57	52.97
Days Inventory Outstanding (DIO)	15.40	25.79	35.63
Days Payable Outstanding (DPO)	39.73	42.75	43.93
Cash Conversion Cycle (CCC)	35.60	34.60	44.66
Capital & Investment Metrics	-	-	-
Invested Capital	1,727	1,883	1,799
Invested Capital Turnover	1.17	1.31	1.27
Increase / (Decrease) in Invested Capital	-203	156	-83
Enterprise Value (EV)	1,825	2,078	2,005
Market Capitalization	500	719	617
Book Value per Share	$7.17	$6.55	$5.13
Tangible Book Value per Share	($6.82)	($7.34)	($7.82)
Total Capital	1,980	2,007	1,889
Total Debt	1,357	1,432	1,440
Total Long-Term Debt	1,337	1,401	1,411
Net Debt	1,272	1,307	1,350
Capital Expenditures (CapEx)	118	121	103
Debt-free, Cash-free Net Working Capital (DFCFNWC)	105	78	83
Debt-free Net Working Capital (DFNWC)	190	203	173
Net Working Capital (NWC)	170	172	144
Net Nonoperating Expense (NNE)	106	144	145
Net Nonoperating Obligations (NNO)	1,104	1,307	1,350
Total Depreciation and Amortization (D&A)	164	171	180
Debt-free, Cash-free Net Working Capital to Revenue	4.93%	3.29%	3.55%
Debt-free Net Working Capital to Revenue	8.91%	8.56%	7.40%
Net Working Capital to Revenue	7.99%	7.27%	6.15%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($2.27)	($1.08)	($1.60)
Adjusted Weighted Average Basic Shares Outstanding	79.49M	79.80M	80.12M
Adjusted Diluted Earnings per Share	($2.27)	($1.08)	($1.60)
Adjusted Weighted Average Diluted Shares Outstanding	79.49M	79.80M	80.12M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	79.50M	79.83M	80.20M
Normalized Net Operating Profit after Tax (NOPAT)	13	66	57
Normalized NOPAT Margin	0.61%	2.78%	2.44%
Pre Tax Income Margin	-7.87%	-2.23%	-4.34%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-1.24	0.44	0.03
NOPAT to Interest Expense	-0.92	0.52	0.20
EBIT Less CapEx to Interest Expense	-2.77	-0.68	-0.88
NOPAT Less CapEx to Interest Expense	-2.45	-0.61	-0.72
Payout Ratios	-	-	-
Dividend Payout Ratio	-2.74%	-0.01%	-14.91%
Augmented Payout Ratio	-2.74%	-0.01%	-14.91%

This table displays calculated financial ratios and metrics derived from Enviri's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.51%	4,715.79%	23.83%	26.60%	22.60%	-15.97%	7.06%	0.16%	-3.91%	-6.78%
EBITDA Growth	-3.71%	-102.24%	25.88%	231.78%	-8.47%	1,650.40%	-1.97%	1.65%	17.77%	-217.60%
EBIT Growth	-2.87%	-309.02%	151.64%	127.60%	-30.97%	45.52%	-22.19%	-5.43%	46.84%	-205.71%
NOPAT Growth	-67.71%	-184.71%	-6,174.80%	-875.44%	369.81%	65.46%	105.48%	103.30%	-996.52%	-334.66%
Net Income Growth	-70.69%	15.69%	77.79%	84.84%	-450.36%	-48.26%	-96.11%	29.79%	-21.53%	-53.85%
EPS Growth	-66.67%	-56.67%	76.00%	89.47%	-566.67%	-44.68%	-83.33%	-21.43%	-14.29%	-54.41%
Operating Cash Flow Growth	-59.60%	-23.90%	207.57%	-105.74%	33.97%	252.56%	-96.35%	547.56%	-92.29%	-46.85%
Free Cash Flow Firm Growth	507.20%	264.02%	-1,411.87%	-391.41%	-96.11%	-195.45%	-100.48%	84.75%	-2,797.59%	123.77%
Invested Capital Growth	-15.20%	-10.53%	-12.95%	1.90%	0.46%	9.03%	9.53%	7.36%	8.55%	-4.43%
Revenue Q/Q Growth	1.22%	46.48%	19.73%	8.62%	-1.98%	0.40%	60.12%	1.61%	-5.96%	-2.60%
EBITDA Q/Q Growth	235.80%	-101.97%	54.66%	4.38%	-5.68%	-66.61%	24.20%	8.22%	9.28%	-133.34%
EBIT Q/Q Growth	132.10%	-240.15%	1,181.64%	5.51%	-19.69%	-210.61%	156.82%	28.23%	24.69%	-330.29%
NOPAT Q/Q Growth	106.31%	-782.23%	-26,409.41%	-101.03%	103.04%	-150.15%	65.08%	21.08%	-924.96%	75.68%
Net Income Q/Q Growth	102.76%	-1,354.29%	76.23%	-84.38%	36.27%	-430.77%	68.56%	33.99%	-10.31%	-571.95%
EPS Q/Q Growth	102.26%	-1,666.67%	74.47%	-16.67%	0.00%	-385.71%	67.65%	22.73%	5.88%	-556.25%
Operating Cash Flow Q/Q Growth	-91.17%	44.29%	90.60%	-123.63%	306.17%	279.69%	-98.03%	2,795.85%	-96.45%	2,516.58%
Free Cash Flow Firm Q/Q Growth	31.24%	-44.40%	-135.69%	-852.15%	101.75%	-1,464.47%	-0.88%	27.60%	-209.96%	112.02%
Invested Capital Q/Q Growth	1.00%	0.32%	-0.17%	0.74%	-0.42%	8.88%	0.29%	-1.26%	0.68%	-4.14%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	19.33%	12.16%	19.38%	22.06%	21.11%	13.49%	20.33%	21.27%	20.72%	12.41%
EBITDA Margin	14.41%	-0.19%	11.63%	11.18%	10.76%	3.58%	10.65%	11.34%	13.18%	-4.51%
Operating Margin	6.19%	-5.86%	5.69%	5.53%	4.82%	-2.41%	4.30%	5.12%	6.52%	-11.22%
EBIT Margin	6.11%	-5.84%	4.32%	4.20%	3.44%	-3.79%	3.14%	3.96%	5.25%	-12.42%
Profit (Net Income) Margin	0.59%	-5.07%	-1.53%	-2.60%	-1.69%	-8.94%	-2.81%	-1.82%	-2.14%	-14.75%
Tax Burden Percent	26.36%	55.25%	-1,213.28%	-2,134.50%	190.24%	109.76%	222.33%	3,369.70%	-532.19%	85.80%
Interest Burden Percent	36.77%	156.96%	2.92%	2.90%	-25.85%	215.02%	-40.20%	-1.37%	7.65%	138.42%
Effective Tax Rate	85.77%	0.00%	1,132.34%	2,066.17%	0.00%	0.00%	0.00%	0.00%	582.95%	0.00%
Return on Invested Capital (ROIC)	0.67%	-4.78%	-63.36%	-134.34%	4.37%	-2.21%	3.51%	4.20%	-36.41%	-10.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.56%	-5.40%	-35.44%	-74.52%	1.63%	-5.82%	0.66%	1.50%	-22.77%	-12.90%
Return on Net Nonoperating Assets (RNNOA)	0.95%	-8.43%	-57.99%	-125.92%	2.91%	-11.70%	1.37%	3.18%	-49.28%	-33.43%
Return on Equity (ROE)	1.63%	-13.21%	-121.36%	-260.26%	7.28%	-13.91%	4.88%	7.38%	-85.69%	-43.43%
Cash Return on Invested Capital (CROIC)	14.85%	7.25%	12.60%	2.09%	3.44%	-5.54%	-5.03%	-3.11%	-3.88%	5.73%
Operating Return on Assets (OROA)	3.02%	-4.27%	2.94%	3.16%	2.74%	-3.18%	2.36%	2.97%	3.89%	-10.57%
Return on Assets (ROA)	0.29%	-3.70%	-1.04%	-1.96%	-1.35%	-7.49%	-2.11%	-1.37%	-1.58%	-12.56%
Return on Common Equity (ROCE)	1.50%	-12.18%	-111.61%	-238.22%	6.69%	-12.68%	4.47%	6.79%	-78.78%	-39.60%
Return on Equity Simple (ROE_SIMPLE)	-31.88%	0.00%	-25.70%	-9.99%	-12.53%	0.00%	-19.23%	-18.87%	-19.38%	0.00%
Net Operating Profit after Tax (NOPAT)	4.29	-29	-329	-662	20	-10	18	22	-180	-44
NOPAT Margin	0.88%	-4.10%	-58.76%	-108.76%	3.37%	-1.68%	3.01%	3.59%	-31.46%	-7.86%
Net Nonoperating Expense Percent (NNEP)	0.12%	0.62%	-27.92%	-59.82%	2.73%	3.61%	2.86%	2.70%	-13.64%	2.90%
Return On Investment Capital (ROIC_SIMPLE)	-	-1.48%	-	-	-	-0.50%	-	-	-	-2.32%
Cost of Revenue to Revenue	80.67%	87.84%	80.62%	77.94%	78.89%	86.51%	79.67%	78.73%	79.28%	87.59%
SG&A Expenses to Revenue	13.17%	14.53%	14.60%	14.25%	15.66%	15.32%	14.51%	14.83%	15.55%	16.58%
R&D to Revenue	0.04%	0.32%	0.09%	0.17%	0.15%	0.17%	0.14%	0.15%	0.15%	0.23%
Operating Expenses to Revenue	13.14%	18.52%	13.69%	16.53%	16.30%	15.90%	16.03%	16.15%	14.21%	23.63%
Earnings before Interest and Taxes (EBIT)	30	-42	24	26	21	-23	19	24	30	-69
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	70	-1.38	65	68	64	21	64	69	76	-25
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.52	0.88	0.95	1.36	1.02	1.37	1.46	1.42	1.71	1.50
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.21	0.23	0.27	0.37	0.26	0.30	0.35	0.33	0.40	0.26
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.93	1.06	1.08	1.24	1.13	1.10	1.13	1.11	1.18	1.11
Enterprise Value to Revenue (EV/Rev)	1.12	0.86	0.93	1.01	0.88	0.88	1.01	0.98	1.06	0.86
Enterprise Value to EBITDA (EV/EBITDA)	12.16	26.48	14.80	8.75	8.16	9.49	8.57	8.28	8.50	10.92
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	26.39	27.10	43.65	29.10	28.79	27.25	534.35
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	31.47	29.07	37.14	29.04	28.85	28.56	90.22
Enterprise Value to Operating Cash Flow (EV/OCF)	10.25	12.13	8.40	35.23	29.85	18.16	27.03	16.34	20.18	25.68
Enterprise Value to Free Cash Flow (EV/FCFF)	5.76	13.77	7.99	59.82	32.97	0.00	0.00	0.00	0.00	18.99
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.14	2.18	2.18	2.23	2.33	2.49	2.68	2.73	2.78	3.20
Long-Term Debt to Equity	2.10	2.15	2.16	2.20	2.28	2.44	2.65	2.68	2.72	3.14
Financial Leverage	1.72	1.56	1.64	1.69	1.78	2.01	2.09	2.11	2.16	2.59
Leverage Ratio	4.21	4.09	4.18	4.42	4.52	4.71	4.80	4.86	4.95	5.37
Compound Leverage Factor	1.55	6.42	0.12	0.13	-1.17	10.13	-1.93	-0.07	0.38	7.43
Debt to Total Capital	68.17%	68.53%	68.58%	69.06%	69.96%	71.33%	72.83%	73.18%	73.57%	76.21%
Short-Term Debt to Total Capital	1.33%	1.00%	0.78%	0.91%	1.42%	1.52%	0.96%	1.28%	1.62%	1.54%
Long-Term Debt to Total Capital	66.84%	67.53%	67.80%	68.15%	68.54%	69.82%	71.87%	71.90%	71.95%	74.66%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.62%	2.71%	2.74%	2.46%	2.45%	2.60%	2.25%	2.19%	2.11%	2.02%
Common Equity to Total Capital	29.20%	28.76%	28.68%	28.48%	27.59%	26.06%	24.92%	24.63%	24.32%	21.78%
Debt to EBITDA	10.16	19.68	10.82	5.70	5.96	6.54	5.89	5.78	5.60	7.84
Net Debt to EBITDA	9.52	18.45	10.05	5.34	5.55	5.97	5.45	5.35	5.17	7.35
Long-Term Debt to EBITDA	9.96	19.40	10.69	5.63	5.84	6.40	5.81	5.67	5.48	7.69
Debt to NOPAT	-44.49	-19.21	-58.63	20.52	21.24	25.59	19.94	20.11	18.83	64.80
Net Debt to NOPAT	-41.67	-18.01	-54.49	19.21	19.77	23.36	18.47	18.62	17.37	60.74
Long-Term Debt to NOPAT	-43.62	-18.93	-57.97	20.25	20.81	25.05	19.67	19.76	18.41	63.48
Altman Z-Score	1.56	1.74	1.75	1.86	1.85	1.81	1.82	1.81	1.82	1.77
Noncontrolling Interest Sharing Ratio	7.92%	7.78%	8.03%	8.47%	8.20%	8.83%	8.52%	8.05%	8.07%	8.82%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.35	1.29	1.28	1.36	1.40	1.26	1.36	1.32	1.30	1.25
Quick Ratio	0.64	0.62	0.65	0.70	0.70	0.76	0.77	0.77	0.76	0.69
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	313	174	-73	-695	12	-166	-146	-106	-328	39
Operating Cash Flow to CapEx	35.18%	58.60%	173.11%	-26.97%	67.48%	168.65%	5.97%	292.51%	3.78%	121.30%
Free Cash Flow to Firm to Interest Expense	15.84	6.88	-2.92	-26.31	0.44	-5.90	-5.20	-3.79	-11.39	1.44
Operating Cash Flow to Interest Expense	0.68	0.77	1.48	-0.33	0.65	2.43	0.05	1.40	0.05	1.33
Operating Cash Flow Less CapEx to Interest Expense	-1.25	-0.54	0.62	-1.55	-0.31	0.99	-0.75	0.92	-1.22	0.23
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.49	0.73	0.68	0.75	0.80	0.84	0.75	0.75	0.74	0.85
Accounts Receivable Turnover	3.77	6.09	5.55	6.70	7.28	7.08	6.49	6.13	6.14	6.89
Inventory Turnover	12.76	23.70	20.16	20.52	21.51	14.15	12.07	12.19	11.75	10.25
Fixed Asset Turnover	2.19	3.26	3.03	3.30	3.52	3.47	3.12	3.14	3.11	3.42
Accounts Payable Turnover	7.18	9.19	7.84	7.99	8.76	8.54	7.38	7.50	7.36	8.31
Days Sales Outstanding (DSO)	96.81	59.93	65.76	54.48	50.12	51.57	56.21	59.58	59.43	52.97
Days Inventory Outstanding (DIO)	28.60	15.40	18.11	17.78	16.97	25.79	30.24	29.93	31.07	35.63
Days Payable Outstanding (DPO)	50.82	39.73	46.53	45.69	41.67	42.75	49.46	48.65	49.58	43.93
Cash Conversion Cycle (CCC)	74.60	35.60	37.34	26.57	25.41	34.60	36.99	40.86	40.92	44.66
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,721	1,727	1,724	1,736	1,729	1,883	1,888	1,864	1,877	1,799
Invested Capital Turnover	0.77	1.17	1.08	1.24	1.30	1.31	1.17	1.17	1.16	1.27
Increase / (Decrease) in Invested Capital	-309	-203	-257	32	7.96	156	164	128	148	-83
Enterprise Value (EV)	1,605	1,825	1,863	2,148	1,957	2,078	2,132	2,070	2,221	2,005
Market Capitalization	297	500	543	787	576	719	730	691	828	617
Book Value per Share	$7.23	$7.17	$7.16	$7.24	$7.07	$6.55	$6.27	$6.06	$6.04	$5.13
Tangible Book Value per Share	($6.83)	($6.82)	($6.78)	($6.60)	($6.60)	($7.34)	($7.39)	($7.43)	($7.35)	($7.82)
Total Capital	1,967	1,980	1,986	2,028	2,043	2,007	2,010	1,972	1,990	1,889
Total Debt	1,341	1,357	1,362	1,401	1,429	1,432	1,464	1,443	1,464	1,440
Total Long-Term Debt	1,315	1,337	1,346	1,382	1,400	1,401	1,445	1,418	1,432	1,411
Net Debt	1,256	1,272	1,265	1,311	1,331	1,307	1,357	1,335	1,351	1,350
Capital Expenditures (CapEx)	38	33	21	32	27	40	23	13	37	30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	147	105	94	147	169	78	118	107	106	83
Debt-free Net Working Capital (DFNWC)	232	190	190	236	268	203	225	215	219	173
Net Working Capital (NWC)	205	170	174	218	239	172	206	189	187	144
Net Nonoperating Expense (NNE)	1.40	6.90	-321	-647	30	43	35	33	-168	39
Net Nonoperating Obligations (NNO)	1,095	1,104	1,100	1,109	1,115	1,307	1,342	1,335	1,351	1,350
Total Depreciation and Amortization (D&A)	40	40	41	43	44	44	45	45	45	44
Debt-free, Cash-free Net Working Capital to Revenue	10.21%	4.93%	4.68%	6.92%	7.55%	3.29%	5.58%	5.07%	5.09%	3.55%
Debt-free Net Working Capital to Revenue	16.13%	8.91%	9.50%	11.13%	11.97%	8.56%	10.68%	10.17%	10.52%	7.40%
Net Working Capital to Revenue	14.30%	7.99%	8.73%	10.26%	10.67%	7.27%	9.76%	8.97%	8.97%	6.15%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.03	($0.47)	($0.12)	($0.14)	($0.14)	($0.68)	($0.22)	($0.17)	($0.16)	($1.05)
Adjusted Weighted Average Basic Shares Outstanding	79.53M	79.49M	79.63M	79.82M	79.85M	79.80M	79.95M	80.15M	80.17M	80.12M
Adjusted Diluted Earnings per Share	$0.03	($0.47)	($0.12)	($0.14)	($0.14)	($0.68)	($0.22)	($0.17)	($0.16)	($1.05)
Adjusted Weighted Average Diluted Shares Outstanding	79.57M	79.49M	79.63M	79.82M	79.85M	79.80M	79.95M	80.15M	80.17M	80.12M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	79.47M	79.50M	79.74M	79.76M	79.83M	79.83M	80.10M	80.11M	80.14M	80.20M
Normalized Net Operating Profit after Tax (NOPAT)	21	-29	22	33	20	-10	26	22	26	-16
Normalized NOPAT Margin	4.33%	-4.10%	3.98%	5.49%	3.37%	-1.68%	4.26%	3.59%	4.56%	-2.93%
Pre Tax Income Margin	2.25%	-9.17%	0.13%	0.12%	-0.89%	-8.14%	-1.26%	-0.05%	0.40%	-17.19%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.51	-1.65	0.97	0.97	0.74	-0.81	0.67	0.87	1.05	-2.54
NOPAT to Interest Expense	0.22	-1.16	-13.18	-25.08	0.73	-0.36	0.64	0.78	-6.26	-1.60
EBIT Less CapEx to Interest Expense	-0.43	-2.96	0.12	-0.26	-0.22	-2.25	-0.13	0.39	-0.23	-3.63
NOPAT Less CapEx to Interest Expense	-1.71	-2.46	-14.03	-26.30	-0.24	-1.80	-0.16	0.31	-7.54	-2.70
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-2.64%	-2.74%	0.00%	0.00%	0.00%	-0.01%	-8.56%	-13.70%	-17.02%	-14.91%
Augmented Payout Ratio	-2.64%	-2.74%	0.00%	0.00%	0.00%	-0.01%	-8.56%	-13.70%	-17.02%	-14.91%

Frequently Asked Questions About Enviri's Financials

When does Enviri's financial year end?

According to the most recent income statement we have on file, Enviri's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Enviri's net income changed over the last 2 years?

Enviri's net income appears to be on a downward trend, with a most recent value of -$122.66 million in 2024, falling from -$176.43 million in 2022. The previous period was -$88.10 million in 2023. See where experts think Enviri is headed by visiting Enviri's forecast page.

What is Enviri's operating income?

Enviri's total operating income in 2024 was $31.75 million, based on the following breakdown:

Total Gross Profit: $440.06 million
Total Operating Expenses: $408.31 million

How has Enviri revenue changed over the last 2 years?

Over the last 2 years, Enviri's total revenue changed from $2.13 billion in 2022 to $2.34 billion in 2024, a change of 9.8%.

How much debt does Enviri have?

Enviri's total liabilities were at $2.20 billion at the end of 2024, a 3.5% decrease from 2023, and a 1.5% increase since 2022.

How much cash does Enviri have?

In the past 2 years, Enviri's cash and equivalents has ranged from $81.33 million in 2022 to $121.24 million in 2023, and is currently $88.36 million as of their latest financial filing in 2024.

How has Enviri's book value per share changed over the last 2 years?

Over the last 2 years, Enviri's book value per share changed from 7.17 in 2022 to 5.13 in 2024, a change of -28.3%.

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This page (NYSE:NVRI) was last updated on 5/7/2025 by MarketBeat.com Staff

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Enviri (NVRI) Financials

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