Enviri Corporation (NVRI)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -127,973 | -99,086 | -96,720 | -94,558 | -86,121 | -68,484 | -55,603 | -149,755 | -180,069 | -167,686 | -162,201 | -43,222 | -3,248 | 14,785 | -2,357 | -26,347 | -26,341 | 19,190 | 464,119 | 483,363 |
| Total stockholders’ equity | US$ in thousands | 411,448 | 483,989 | 485,666 | 500,941 | 523,151 | 563,721 | 577,492 | 569,457 | 569,442 | 574,518 | 593,324 | 722,808 | 748,160 | 695,536 | 693,503 | 659,974 | 657,154 | 714,292 | 715,179 | 710,853 |
| ROE | -31.10% | -20.47% | -19.91% | -18.88% | -16.46% | -12.15% | -9.63% | -26.30% | -31.62% | -29.19% | -27.34% | -5.98% | -0.43% | 2.13% | -0.34% | -3.99% | -4.01% | 2.69% | 64.90% | 68.00% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-127,973K ÷ $411,448K
= -31.10%
Enviri Corporation's return on equity (ROE) has shown a significant decline over the past few years. Starting at a high of 68.00% in March 2020, the ROE gradually decreased to negative values, indicating that the company's profitability in relation to shareholders' equity has deteriorated. The ROE remained negative for most quarters, with only occasional small upticks. The downward trend in ROE suggests that Enviri Corporation may be facing challenges in generating profits relative to the shareholders' investments in the company. Further analysis and investigation into the company's financial performance, operational efficiency, and strategic decisions may be necessary to address the declining ROE trend and improve shareholder value.