Enviri Corporation (NVRI)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 34,805 | 142,981 | 135,384 | 123,725 | 128,576 | 84,884 | 85,232 | -36,086 | -57,343 | -43,060 | -43,263 | 89,959 | 107,035 | 102,231 | 77,375 | 43,024 | 21,081 | 29,724 | 71,405 | 87,336 |
| Total assets | US$ in thousands | 2,650,230 | 2,802,080 | 2,768,670 | 2,790,280 | 2,854,550 | 2,837,440 | 2,852,640 | 2,824,990 | 2,790,850 | 2,771,400 | 2,798,960 | 3,051,460 | 3,053,910 | 3,038,170 | 3,022,100 | 2,990,340 | 2,993,290 | 2,945,490 | 2,926,270 | 2,347,170 |
| Operating ROA | 1.31% | 5.10% | 4.89% | 4.43% | 4.50% | 2.99% | 2.99% | -1.28% | -2.05% | -1.55% | -1.55% | 2.95% | 3.50% | 3.36% | 2.56% | 1.44% | 0.70% | 1.01% | 2.44% | 3.72% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $34,805K ÷ $2,650,230K
= 1.31%
Enviri Corporation's operating return on assets (operating ROA) has shown fluctuations over the quarters in the data provided. The trend indicates a gradual decline from March 31, 2020, to December 31, 2022, with negative values in some quarters during this period. However, there was a notable recovery starting from March 31, 2023, with positive figures recorded through December 31, 2024.
The operating ROA peaked at 5.10% on September 30, 2024, reflecting the company's ability to generate operating income relative to its total assets. This improvement suggests a possible enhancement in efficiency and profitability during the latter period of the data presented.
It is essential for Enviri Corporation to closely monitor and analyze the factors contributing to the fluctuations in its operating ROA to sustain or further improve its financial performance in the future.