NVRINYSERefuse SystemsFiscal year ends December 31
Enviri Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$19.38−0.05 (-0.26%)
Close on Oct 19, 2026
- Market cap
- $540.26M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
0.2%+0.4 pts over 5 years
Net margin
-7.5%−5.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -4.4% | +1.6% | +7.9% | +2.7% | |
| Operating income | -86.2% | – | – | -26.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -46.6% | -3.8% | -51.8% | |
| Return on assets | -4.7% | -1.0% | -6.2% | |
| Current ratio | 1.29 | 1.52 | 1.14 | |
| Debt to equity | 6.84 | 1.97 | 5.90 | |
| Net debt to EBITDA | 2.85× | – | – | |
| Interest coverage | 1.3× | -0.1× | 0.0× | |
| Inventory turnover | 2.0× | 11.4× | – | |
| Capex to revenue | 4.8% | 7.8% | 6.3% | |
| Diluted shares | 27M | 26M | 27M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Enviri generated $516.64M from operations and spent $712.38M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$516.64M
Used
$712.38M
Capital expenditure$712.38M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-7.5%
×Asset turnover0.83×
×Equity multiplier8.32×
=Return on equity, FY2025-51.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -7.5% | 0.83× | 8.32× | -51.8% |
| FY2024 | -5.5% | 0.86× | 5.98× | -28.3% |
| FY2023 | -3.5% | 0.84× | 5.15× | -15.2% |
| FY2022 | -8.4% | 0.73× | 4.44× | -27.3% |
| FY2021 | -0.2% | 0.61× | 4.30× | -0.5% |
| FY2020 | -1.7% | 0.57× | 3.83× | -3.8% |
| FY2019 | 41.8% | 0.60× | 3.96× | 99.8% |
| FY2018 | 10.2% | 0.84× | 7.32× | 62.5% |
| FY2017 | 0.6% | 0.83× | 11.85× | 5.9% |
| FY2016 | -5.9% | 0.80× | 9.88× | -46.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$167.60M
- Cash generatingOperating cash flow above zero$101.41M
- Return on assets improvedROA up on the prior year-4.6% → -6.4%
- Earnings backed by cashOperating cash flow above net income$101.41M vs -$167.60M
- Less leverageLong-term debt to assets fell53.5% → 54.0%
- Better liquidityCurrent ratio rose1.26 → 1.14
- No dilutionShare count did not rise27M → 27M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.83 → 0.85