Enviri Corporation (NVRI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 31,745 | 111,014 | -57,343 | 88,376 | 21,081 |
| Revenue | US$ in thousands | 2,342,640 | 2,069,220 | 1,889,060 | 1,848,400 | 1,863,860 |
| Operating profit margin | 1.36% | 5.37% | -3.04% | 4.78% | 1.13% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $31,745K ÷ $2,342,640K
= 1.36%
Based on the data provided for Enviri Corporation's operating profit margin over the years 2020 to 2024, the trend shows significant variability.
In December 2020, the operating profit margin was at 1.13%, indicating a relatively low profitability level. However, by December 2021, there was a notable improvement with the operating profit margin increasing to 4.78%, suggesting better cost management and efficiency in operations.
The trend took a negative turn in December 2022, with the operating profit margin dropping to -3.04%, indicating that the company was operating at a loss during that period.
Fortunately, by December 2023, Enviri Corporation was able to recover and significantly improve its operating profit margin to 5.37%, signaling a strong rebound in profitability.
However, in December 2024, there was a slight decline in the operating profit margin to 1.36%, but it still remained at a positive level overall.
Overall, the operating profit margin of Enviri Corporation has shown fluctuations over the years, with ups and downs in profitability. It is essential for the company to continue monitoring its operational efficiency and cost structure to maintain and improve profitability in the future.