Enviri Corporation (NVRI)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 440,058 | 435,563 | 335,730 | 357,843 | 363,053 |
| Revenue | US$ in thousands | 2,342,640 | 2,069,220 | 1,889,060 | 1,848,400 | 1,863,860 |
| Gross profit margin | 18.78% | 21.05% | 17.77% | 19.36% | 19.48% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $440,058K ÷ $2,342,640K
= 18.78%
The gross profit margin of Enviri Corporation has fluctuated over the past five years. In December 2020, the gross profit margin was 19.48%, which slightly decreased to 19.36% by December 2021. There was a more pronounced decrease in the gross profit margin to 17.77% by December 2022. However, by December 2023, the gross profit margin had improved to 21.05%, showing a positive upturn in profitability. In the latest financial year ending December 31, 2024, the gross profit margin was 18.78%, which indicates a slight decline compared to the previous period. Overall, despite some fluctuations, the gross profit margin of Enviri Corporation has shown a mix of improvements and declines over the past five years.