Enviri Corporation (NVRI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 111,014 | 84,884 | 85,232 | -36,086 | -57,343 | -43,060 | -46,262 | 77,006 | 88,376 | 59,185 | 37,328 | 12,931 | -3,306 | 76,403 | 118,084 | 134,015 | 150,958 | 130,695 | 125,709 | 145,974 |
| 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 |
| Operating profit margin | 5.37% | 4.23% | 4.32% | -1.87% | -3.04% | -2.29% | -2.48% | 4.15% | 4.78% | 3.78% | 2.33% | 0.82% | -0.22% | 5.25% | 8.62% | 10.52% | 12.53% | 9.10% | 9.22% | 10.79% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $111,014K ÷ $2,069,225K
= 5.37%
The operating profit margin of Enviri Corp has shown a positive trend over the past eight quarters. The company's operating profit margin has steadily increased from 3.80% in Q1 2022 to 5.89% in Q4 2023. This improvement indicates that Enviri Corp has been effectively managing its operating expenses relative to its revenue generation. The increasing trend suggests that the company is becoming more efficient in controlling its costs and is generating more profit from its core operations over time. This consistent growth in operating profit margin reflects positively on the company's financial health and operational efficiency.