Enviri Corporation (NVRI)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 427,740 | 482,919 | 479,882 | 466,052 | 448,876 | 412,339 | 390,605 | 354,917 | 335,730 | 327,413 | 343,241 | 380,837 | 412,832 | 433,483 | 420,763 | 388,453 | 363,053 | 347,092 | 361,539 | 363,103 |
| Revenue (ttm) | US$ in thousands | 2,342,552 | 2,312,660 | 2,263,621 | 2,173,889 | 2,069,225 | 2,008,711 | 1,971,037 | 1,931,921 | 1,889,065 | 1,882,836 | 1,940,223 | 2,028,991 | 2,105,049 | 2,151,320 | 2,116,417 | 1,993,878 | 1,863,864 | 1,755,307 | 1,669,064 | 1,572,681 |
| Gross profit margin | 18.26% | 20.88% | 21.20% | 21.44% | 21.69% | 20.53% | 19.82% | 18.37% | 17.77% | 17.39% | 17.69% | 18.77% | 19.61% | 20.15% | 19.88% | 19.48% | 19.48% | 19.77% | 21.66% | 23.09% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $427,740K ÷ $2,342,552K
= 18.26%
The gross profit margin of Enviri Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. It started at 23.09% in March 2020, declined to 17.39% by September 30, 2022, and then slightly recovered to 21.69% by December 31, 2023. However, it decreased significantly to 18.26% by the end of December 31, 2024.
The declining trend in the gross profit margin from 2020 to 2024 indicates potential challenges in managing production costs or pricing strategies. It is important for the company to closely monitor and analyze the factors contributing to these fluctuations to ensure sustainable profitability in the long term. Further analysis of cost structures and revenue streams could provide insights into improving the gross profit margin and overall financial performance of Enviri Corporation.