Enviri Corporation (NVRI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 21.05% | 20.53% | 19.82% | 18.37% | 17.77% | 17.39% | 17.59% | 18.54% | 19.36% | 23.32% | 21.85% | 20.18% | 19.02% | 36.38% | 58.53% | 80.12% | 110.67% | 8.37% | 43.05% | 81.24% |
| 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% |
| Pretax margin | -2.80% | -2.20% | -1.32% | -6.92% | -8.98% | -8.81% | -8.68% | -1.89% | 0.31% | 1.63% | -0.08% | -2.04% | -2.29% | 0.64% | 34.21% | 38.81% | 42.90% | 36.02% | 8.29% | 10.38% |
| 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% |
Enviri Corp's profitability ratios have shown some fluctuations over the quarters. The gross profit margin has generally been increasing, indicating improved cost management and pricing strategies. The operating profit margin has also shown an upward trend, reflecting more efficient operations and possibly better control over operating expenses.
However, the pretax margin and net profit margin have been negative in most quarters, suggesting that the company is incurring losses before and after accounting for taxes. The significant decline in the net profit margin from Q1 to Q4 2022 indicates a worsening bottom line performance.
Overall, while Enviri Corp has seen improvements in its gross and operating profit margins, the company continues to face challenges in achieving profitability as evidenced by the persistently negative pretax and net profit margins. Further analysis of the company's cost structure and revenue generation capabilities may be needed to address the profitability concerns.
Return on investment
| 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 return on assets (Operating ROA) | 3.89% | 2.99% | 2.99% | -1.28% | -2.05% | -1.55% | -1.65% | 2.52% | 2.89% | 1.95% | 1.24% | 0.43% | -0.11% | 2.59% | 4.04% | 5.71% | 6.38% | 5.11% | 4.96% | 8.40% |
| Return on assets (ROA) | -3.02% | -2.41% | -1.95% | -5.30% | -6.45% | -6.05% | -5.80% | -1.42% | -0.11% | 0.49% | -0.08% | -0.88% | -0.88% | 0.65% | 15.86% | 20.59% | 21.29% | 19.96% | 4.26% | 8.05% |
| Return on total capital | 2.39% | 2.86% | 3.44% | -2.57% | -4.96% | -5.23% | -5.21% | 1.26% | 3.27% | 4.33% | 3.03% | 1.48% | 1.20% | 3.18% | 26.49% | 35.68% | 36.30% | 37.16% | 8.36% | 17.42% |
| Return on equity (ROE) | -16.46% | -12.15% | -9.63% | -26.30% | -31.62% | -29.20% | -27.35% | -5.99% | -0.44% | 2.13% | -0.34% | -3.99% | -4.02% | 2.68% | 64.89% | 67.99% | 67.95% | 72.35% | 35.95% | 48.76% |
Enviri Corp's profitability ratios reflect a mix of performance over the past eight quarters. Starting with Operating Return on Assets (Operating ROA), the company has shown a positive trend, improving steadily from Q1 2022 (2.21%) to Q4 2023 (4.27%). This indicates the company's ability to generate operating income relative to its assets has been strengthening over time.
However, Return on Assets (ROA) has been fluctuating with negative values, indicating that the company has been generating net losses relative to its total assets. The trend shows some improvement from Q4 2022 (-6.45%) to Q1 2023 (-5.30%), but turned negative again in Q4 2023 (-3.02%). This suggests that Enviri Corp has struggled to generate profits from its assets consistently.
Looking at Return on Total Capital, there is a generally positive trend in the company's ability to generate returns from both equity and debt, with slight fluctuations. The ratio has been on an upward trajectory, starting from 3.09% in Q1 2022 and reaching 6.20% in Q4 2023. This indicates that the company has been able to effectively utilize its total capital to generate returns for its stakeholders.
Finally, analyzing Return on Equity (ROE), Enviri Corp has been experiencing negative returns for the past eight quarters. The trend shows a slight improvement from Q1 2022 (-5.98%) to Q4 2023 (-16.46%). However, the company's ability to generate returns for its shareholders remains a challenge, with the ratio consistently in the negative territory.
In conclusion, while Enviri Corp has shown improvements in its operating return on assets and return on total capital, it continues to struggle with generating positive returns on assets and equity. The company may need to focus on improving its financial performance and efficiency to enhance profitability in the future.