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Enviri Corporation

NYSE•NVRI
CEO: Mr. F. Nicholas Grasberger III
Sector: Industrials
Industry: Waste Management
Listing Date: 1980-03-17
Enviri 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 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 meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris. This segment also produces and sells value-added downstream products from industrial waste-stream, including road surfacing and materials, such as slag-based asphalt product under the SteelPhal brand; abrasives and roofing materials under the BLACK BEAUTY and SURE/CUT brand names; Metallurgical Additives; agriculture and turf products comprising soil conditioners and fertilizers under the CrossOver and AgrowSil brands; and cement additives. The Clean Earth segment provides specialty waste processing, treatment, recycling, and beneficial reuse solutions for waste needs, such as hazardous, non-hazardous, and contaminated soils and dredged materials to industrial, retail, healthcare, and construction industries. 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.
Contact Information
Two Logan Square, 17th Floor 100-120 North 18th Street, Philadelphia, PA, 19103, United States
267-857-8715
www.enviri.com
Market Cap
$1.59B
P/E (TTM)
-9.3
40
Dividend Yield
--
52W High
$19.99
52W Low
$5.38
52W Range
97%
Rank52Top 73.5%
2.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$556.44M+0.00%
4-Quarter Trend

EPS

-$1.06+0.00%
4-Quarter Trend

FCF

-$10.46M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Clean Earth Divestiture Agreement Definitive agreement signed to sell Clean Earth segment to Veolia for over $3.0B cash consideration; closing expected in 2026.
Operating Cash Flow Rises Cash provided by operating activities reached $101.4M in 2025, a $23.3M increase compared to $78.1M provided in 2024.
Harsco Environmental Income Up HE operating income increased $10.2M to $42.2M in 2025, driven by higher service levels and favorable SG&A adjustments.
Rail Backlog $208.7 Million Rail order backlog stood at $208.7M as of December 31, 2025, primarily supporting the equipment business segment.

Risk Factors

Consolidated Operating Income Drops Total operating income from continuing operations fell 86.3% to $4.2M in 2025, heavily impacted by corporate costs.
Harsco Rail Revenue Falls Rail revenues declined 15.2% to $247.1M in 2025, largely due to volume changes and estimated forward loss provisions.
Corporate Costs Significantly Worsen Corporate operating loss widened by $37.8M to ($72.2M) in 2025, driven by higher SG&A and costs supporting the Clean Earth sale.
Rail Fixed-Price Loss Provisions Rail recorded an additional $30.3M forward loss provision in 2025 for long-term fixed-price contracts due to inflation and delays.

Outlook

Future Focus Post-Divestiture Future improvement and growth priorities will focus internally, refraining from new inorganic growth drivers in the near term.
Maintaining Debt Covenant Compliance Company expects to maintain compliance with amended Net Debt/EBITDA covenants (set to 3.00x post-Clean Earth distribution).
Growth Strategy Focus Areas Growth initiatives target penetrating existing sites, securing new contracts in growing economies, and expanding downstream products.
Retain Funds, No Dividends Company anticipates retaining all available funds for business operations and does not plan to pay cash dividends in the foreseeable future.

Peer Comparison

Revenue (TTM)

HTZ stock ticker logoHTZ
$8.50B
-6.0%
ULCC stock ticker logoULCC
$3.72B
-1.4%
ALGT stock ticker logoALGT
$2.61B
+3.7%

Gross Margin (Latest Quarter)

SFL stock ticker logoSFL
58.4%
-10.0pp
GSL stock ticker logoGSL
51.0%
-1.4pp
THR stock ticker logoTHR
46.6%
+2.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
HTZ$1.97B-2.6193.8%86.0%
THR$1.76B29.911.4%21.2%
NVRI$1.59B-9.3-48.8%66.7%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.5%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026
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