Enviri Corporation (NVRI)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -86,121 | -68,484 | -55,603 | -149,755 | -180,069 | -167,751 | -162,266 | -43,287 | -3,313 | 14,787 | -2,377 | -26,365 | -26,400 | 19,129 | 464,080 | 483,322 | 503,919 | 510,603 | 108,099 | 139,946 |
| Revenue (ttm) | US$ in thousands | 2,069,225 | 2,008,711 | 1,971,037 | 1,931,921 | 1,889,065 | 1,882,838 | 1,866,309 | 1,853,931 | 1,848,399 | 1,564,837 | 1,603,850 | 1,582,457 | 1,534,033 | 1,455,934 | 1,369,691 | 1,273,308 | 1,204,369 | 1,435,717 | 1,364,125 | 1,353,134 |
| Net profit margin | -4.16% | -3.41% | -2.82% | -7.75% | -9.53% | -8.91% | -8.69% | -2.33% | -0.18% | 0.94% | -0.15% | -1.67% | -1.72% | 1.31% | 33.88% | 37.96% | 41.84% | 35.56% | 7.92% | 10.34% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-86,121K ÷ $2,069,225K
= -4.16%
The net profit margin of Enviri Corp has shown fluctuations over the past eight quarters. The company reported negative net profit margins in each quarter, ranging from -10.31% to -2.44%. In the most recent quarter, Q4 2023, the net profit margin improved slightly to -4.16% compared to the previous quarter. However, it is still lower than the margin reported in Q2 and Q3 of 2023. Overall, Enviri Corp has been facing challenges in generating profits relative to its revenue, as evidenced by the consistently negative net profit margins over the analyzed period. Further analysis of the company's cost structure and revenue sources may be necessary to address the profitability issues.