Enviri Corporation (NVRI)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -101,670 | -11,080 | -16,912 | -24,561 | -18,550 | -33,533 | -19,075 | -119,702 | -122,958 | -97,595 | -90,284 | 43,117 | 55,179 | 47,871 | 21,362 | -15,411 | -31,125 | -21,997 | 19,127 | 34,485 |
| 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 |
| Pretax margin | -4.34% | -0.48% | -0.75% | -1.13% | -0.90% | -1.67% | -0.97% | -6.20% | -6.51% | -5.18% | -4.65% | 2.13% | 2.62% | 2.23% | 1.01% | -0.77% | -1.67% | -1.25% | 1.15% | 2.19% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-101,670K ÷ $2,342,552K
= -4.34%
Enviri Corporation's pretax margin has shown varying levels of profitability over the period from March 31, 2020, to December 31, 2024. The pretax margin indicates the company's efficiency in generating operating profit before considering taxes, and serves as a key indicator of its operational performance.
The pretax margin started positively at 2.19% on March 31, 2020, but saw fluctuations throughout the periods, including negative values. Notably, there was a significant decline in profitability in the latter half of 2022 and into 2023, with pretax margins falling to -6.51% by December 31, 2022, and remaining below -1% until June 30, 2023.
Subsequently, the company managed to improve its pretax margin, with a gradual recovery starting in the latter part of 2023. By December 31, 2024, the pretax margin stood at -4.34%, showing a partial recovery from the low points seen in the previous periods.
Overall, Enviri Corporation's pretax margin trend reflects the challenges faced by the company in maintaining profitability, but also suggests efforts to stabilize and potentially improve operational efficiency in more recent periods. Continued monitoring and strategic management may be necessary to sustain and enhance profitability in the future.