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Enviri (NVRI)

Market Price (6/28/2026): $22.01 | Market Cap: $618.8 MilSector: Industrials | Industry: Environmental & Facilities Services

Enviri (NVRI)

Market Price (6/28/2026): $22.01
Market Cap: $618.8 Mil
Sector: Industrials
Industry: Environmental & Facilities Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Megatrend and thematic drivers
Megatrends include Sustainable Infrastructure, Circular Economy & Recycling, and Sustainable Resource Management. Themes include Waste Management Solutions, Show more.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 266%

Stock price has recently run up significantly
6M Rtn6 month market price return is 344%, 12M Rtn12 month market price return is 804%

High stock price volatility
Vol 12M is 213%

Key risks
NVRI key risks include [1] significant operational losses in its Rail segment stemming from disastrous long-term fixed-price contracts and [2] a distressed financial profile characterized by high leverage and poor liquidity metrics.

0 Megatrend and thematic drivers
Megatrends include Sustainable Infrastructure, Circular Economy & Recycling, and Sustainable Resource Management. Themes include Waste Management Solutions, Show more.
1 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
2 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 266%
3 Stock price has recently run up significantly
6M Rtn6 month market price return is 344%, 12M Rtn12 month market price return is 804%
4 High stock price volatility
Vol 12M is 213%
5 Key risks
NVRI key risks include [1] significant operational losses in its Rail segment stemming from disastrous long-term fixed-price contracts and [2] a distressed financial profile characterized by high leverage and poor liquidity metrics.

NVRI in ETFs

Weight = NVRI's share of each fund

ITOT0.00%
IWM0.02%
IWN0.03%
FNDA0.03%
DFAS0.01%
SCHA0.01%
DFAC0.00%
IWV0.00%
+1 more covered ETF

Valuation & Metrics

FYE: 12/31NVRI [1]S&P 500 [2]
REVENUE GROWTH
LTM Revenue [3]——
FY 2026 Sales$1.8 Bil—
FY 2027 Sales$1.7 Bil—
FY 2026 Sales Growth——
FY 2027 Sales Growth-8.7%8.1%
EARNINGS
LTM Net Income (GAAP) [3]——
FY 2026 Net Income (Non-GAAP)$-9.6 Mil—
FY 2027 Net Income (Non-GAAP)$-7.7 Mil—
FY 2027 Net Income Growth—15.2%
FY 2026 EPS (Non-GAAP)$-0.34—
FY 2027 EPS (Non-GAAP)$-0.27—
FY 2027 EPS Growth——
VALUATION
FY 2026 P/S0.33.3
FY 2027 P/S0.4—
FY 2026 P/E—20.3
FY 2027 P/E——

[1] NVRI forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
[2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 6/30/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
[3] LTM = reported trailing-twelve-month actuals (GAAP).
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AI Analysis | Feedback

MetricValueDateSource
Tons of waste recycled or reused19 million12312023Link
Percentage of processed steel slag recycled or reused by Harsco Environmental93%12312023Link
Tons of processed steel slag recycled or reused by Harsco Environmental8.7 million12312023Link
Percentage of processed waste materials recycled or reused by Clean Earth91%12312023Link
Tons of processed waste materials recycled or reused by Clean Earth3.9 million12312023Link
Total Recordable Incident Rate (TRIR)less than 1.012312023Link
Number of employees12,00012312024Link
Average employment tenure7 years12312024Link
Women in senior management roles29%12312024Link
Women on Board of Directors25%12312024Link
Ethnic diversity representation on the Board of Directors13%12312024Link
On-time pickup service rate for Clean Earth division99%7292025Link
Number of Harsco Environmental mill services customers702202025Link
Number of Harsco Environmental sitesapproximately 1302202025Link
Number of countries with Harsco Environmental operations302202025Link

Price Chart

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Recent
6/08/2026Earnings ReleaseRev: $324 Mil (A) vs. $560 Mil (E)
EPS: -0.33 (A) vs. $-0.21 (E)
Upcoming
9/02/2026Earnings ReleaseRev: $311 Mil (E)
EPS: $0.10 (E)

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/26/2026

Enviri (NVRI) stock has gained about 320% since 2/28/2026 because of the following key factors:

1. Strategic Corporate Reorganization and Major Divestiture.

Enviri's stock gained significantly due to a comprehensive strategic transformation, primarily the completion of the sale of its Clean Earth division to Veolia Environnement S.A. for $3.04 billion on June 1, 2026. Concurrently, Enviri spun off its Harsco Environmental and Harsco Rail businesses into a new, independent public entity, retaining the name Enviri Corporation (NVRI). This reorganization aimed to simplify the business structure and unlock shareholder value. Existing Enviri shareholders received a cash payout of $15.00 per share and one share of New Enviri common stock for every three shares of old Enviri common stock. The new Enviri launched with a conservative capital structure, targeting a Net Debt to Adjusted EBITDA ratio of 2.0x, and projected annualized 2026 pro forma revenues of approximately $1.2 billion and Adjusted EBITDA of around $140 million.

2. Strong Fiscal Q1 2026 Earnings Beat.

The company reported robust fiscal Q1 2026 earnings on May 11, 2026, which significantly exceeded market expectations. Enviri announced adjusted diluted earnings per share (EPS) of $0.10, substantially beating analyst consensus estimates that had anticipated a loss, with projections ranging from -$0.19 to -$0.2958. Revenues for fiscal Q1 2026, which ended March 31, 2026, totaled $550 million, an increase from $548 million in the prior year's first quarter and surpassing consensus estimates of $465.37 million. This positive earnings surprise contributed to a favorable market reaction, including a 4.18% gain on the day the results were published.

Show more
Updated on 6/26/2026

Enviri (NVRI) stock has gained about 320% since 2/28/2026 because of the following key factors:

1. Strategic Corporate Reorganization and Major Divestiture.

Enviri's stock gained significantly due to a comprehensive strategic transformation, primarily the completion of the sale of its Clean Earth division to Veolia Environnement S.A. for $3.04 billion on June 1, 2026. Concurrently, Enviri spun off its Harsco Environmental and Harsco Rail businesses into a new, independent public entity, retaining the name Enviri Corporation (NVRI). This reorganization aimed to simplify the business structure and unlock shareholder value. Existing Enviri shareholders received a cash payout of $15.00 per share and one share of New Enviri common stock for every three shares of old Enviri common stock. The new Enviri launched with a conservative capital structure, targeting a Net Debt to Adjusted EBITDA ratio of 2.0x, and projected annualized 2026 pro forma revenues of approximately $1.2 billion and Adjusted EBITDA of around $140 million.

2. Strong Fiscal Q1 2026 Earnings Beat.

The company reported robust fiscal Q1 2026 earnings on May 11, 2026, which significantly exceeded market expectations. Enviri announced adjusted diluted earnings per share (EPS) of $0.10, substantially beating analyst consensus estimates that had anticipated a loss, with projections ranging from -$0.19 to -$0.2958. Revenues for fiscal Q1 2026, which ended March 31, 2026, totaled $550 million, an increase from $548 million in the prior year's first quarter and surpassing consensus estimates of $465.37 million. This positive earnings surprise contributed to a favorable market reaction, including a 4.18% gain on the day the results were published.

3. Positive Financial Outlook and Analyst Optimism.

The successful corporate restructuring led to an improved financial outlook for the newly focused Enviri, characterized by a more streamlined business and reduced debt. This strategic direction, coupled with the strong Q1 2026 performance, has cultivated significant analyst optimism. Wall Street analysts maintain a "Strong Buy" consensus rating for NVRI, with a median price target of $21.00 and an average price target of $22.25, indicating further upside potential. This positive sentiment reflects confidence in the company's ability to achieve projected earnings growth and improve its balance sheet post-transaction.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

2/28/2026 to 6/27/2026
ReturnCorrelation
NVRI320.3% 
Market (SPY)6.6%-6.8%
Sector (XLI)2.6%1.7%

Fundamental Drivers

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Market Drivers

11/30/2025 to 6/27/2026
ReturnCorrelation
NVRI333.9% 
Market (SPY)7.3%-5.2%
Sector (XLI)18.6%1.0%

Fundamental Drivers

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Market Drivers

5/31/2025 to 6/27/2026
ReturnCorrelation
NVRI876.4% 
Market (SPY)25.1%-0.5%
Sector (XLI)28.6%4.3%

Fundamental Drivers

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Market Drivers

5/31/2023 to 6/27/2026
ReturnCorrelation
NVRI840.6% 
Market (SPY)81.3%15.9%
Sector (XLI)95.7%18.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
NVRI Return-7%-62%43%-14%133%314%313%
Peers Return-12%28%16%58%18%20%193%
S&P 500 Return27%-19%24%23%16%7%96%

Monthly Win Rates [3]
NVRI Win Rate42%33%58%42%75%100% 
Peers Win Rate46%50%52%52%55%57% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
NVRI Max Drawdown-41%-78%-43%-46%-50%-9% 
Peers Max Drawdown-43%-31%-35%-24%-48%-42% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: CWST, GEO, CECO, FTEK, YDDL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/26/2026 (YTD)

How Low Can It Go

EventNVRIS&P 500
2025 US Tariff Shock
  % Loss-44.1%-18.8%
  % Gain to Breakeven78.9%23.1%
  Time to Breakeven79 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-38.0%-9.5%
  % Gain to Breakeven61.2%10.5%
  Time to Breakeven140 days24 days
2023 SVB Regional Banking Crisis
  % Loss-25.4%-6.7%
  % Gain to Breakeven34.1%7.1%
  Time to Breakeven41 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-77.8%-24.5%
  % Gain to Breakeven351.3%32.4%
  Time to Breakeven1148 days427 days
2020 COVID-19 Crash
  % Loss-70.7%-33.7%
  % Gain to Breakeven241.4%50.9%
  Time to Breakeven133 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-32.9%-19.2%
  % Gain to Breakeven49.1%23.8%
  Time to Breakeven2718 days105 days

Compare to CWST, GEO, CECO, FTEK, YDDL

In The Past

Enviri's stock fell -44.1% during the 2025 US Tariff Shock. Such a loss loss requires a 78.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventNVRIS&P 500
2025 US Tariff Shock
  % Loss-44.1%-18.8%
  % Gain to Breakeven78.9%23.1%
  Time to Breakeven79 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-38.0%-9.5%
  % Gain to Breakeven61.2%10.5%
  Time to Breakeven140 days24 days
2023 SVB Regional Banking Crisis
  % Loss-25.4%-6.7%
  % Gain to Breakeven34.1%7.1%
  Time to Breakeven41 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-77.8%-24.5%
  % Gain to Breakeven351.3%32.4%
  Time to Breakeven1148 days427 days
2020 COVID-19 Crash
  % Loss-70.7%-33.7%
  % Gain to Breakeven241.4%50.9%
  Time to Breakeven133 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-32.9%-19.2%
  % Gain to Breakeven49.1%23.8%
  Time to Breakeven2718 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-69.3%-12.2%
  % Gain to Breakeven225.3%13.9%
  Time to Breakeven254 days62 days
2014-2016 Oil Price Collapse
  % Loss-76.2%-6.8%
  % Gain to Breakeven319.5%7.3%
  Time to Breakeven791 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-42.5%-17.9%
  % Gain to Breakeven74.0%21.8%
  Time to Breakeven2440 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-33.0%-15.4%
  % Gain to Breakeven49.2%18.2%
  Time to Breakeven211 days125 days
2008-2009 Global Financial Crisis
  % Loss-73.0%-53.4%
  % Gain to Breakeven269.9%114.4%
  Time to Breakeven6295 days1085 days

Compare to CWST, GEO, CECO, FTEK, YDDL

In The Past

Enviri's stock fell -44.1% during the 2025 US Tariff Shock. Such a loss loss requires a 78.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Enviri (NVRI)

Enviri Corporation (NVRI) provides comprehensive environmental solutions, focusing on managing and valorizing industrial and specialty waste streams both domestically and internationally. The company operates through two primary segments: Harsco Environmental and Harsco Clean Earth, each addressing distinct aspects of waste management and resource recovery for various industries.

The Harsco Environmental segment primarily serves the iron, steel, and metals manufacturing industries. It offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery from industrial byproducts. This segment also manufactures and sells industrial abrasives, roofing granules, and systems for processing aluminum dross and scrap, effectively transforming industrial waste-streams into valuable downstream products.

Complementing this, the Harsco Clean Earth segment specializes in processing, treating, recycling, and beneficially reusing a wide range of specialty wastes. This includes managing hazardous and non-hazardous materials, as well as contaminated soils and dredged materials. Clean Earth's services are crucial for industries requiring responsible and compliant solutions for complex waste streams, promoting landfill diversion and circular economy principles.

AI Analysis | Feedback

  • Waste Management (WM) for industrial and specialty hazardous waste.
  • Stericycle (SRCL) for heavy industry's waste streams and byproducts.

AI Analysis | Feedback

  • On-site Environmental Services: Provides material logistics, product quality improvement, and resource recovery services for iron, steel, and metals manufacturing facilities.
  • Specialty Waste Processing & Recycling: Offers treatment, recycling, and beneficial reuse solutions for hazardous, non-hazardous, and contaminated soils and dredged materials.
  • Industrial Abrasives: Manufactured materials used for various abrasive applications.
  • Roofing Granules: Components sold for use in the manufacturing of roofing materials.
  • Aluminum Dross: Processed aluminum waste stream material that is sold as a product.
  • Scrap Processing Systems: Equipment and technologies designed for processing different types of scrap materials.
  • Value-Added Downstream Products from Industrial Waste: Other useful materials created by transforming various industrial waste streams.

AI Analysis | Feedback

Enviri (NVRI) primarily sells its services and products to other companies. Based on the provided background information, the specific names of Enviri's major customers are not disclosed. However, its customer base can be identified by the industries and types of entities it serves through its two segments:
  • Harsco Environmental: This segment serves companies in the iron, steel, and metals manufacturing industries. It provides on-site services for material logistics, product quality improvement, and resource recovery, as well as supplying industrial abrasives and roofing granules.
  • Harsco Clean Earth: This segment provides specialty waste processing, treatment, and recycling solutions. Its customers are typically companies and entities that generate hazardous, non-hazardous, and contaminated waste streams, including soils and dredged materials. This implies serving a broad range of industrial manufacturers, construction and remediation companies, and potentially governmental or municipal entities dealing with such waste.

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F. Nicholas Grasberger III Chairman and Chief Executive Officer

Mr. Grasberger was appointed Chief Executive Officer in August 2014 and named Chairman in May 2015. He originally joined Harsco (now Enviri) in 2010 as Chief Financial Officer.

Tom G. Vadaketh Senior Vice President and Chief Financial Officer

Mr. Vadaketh is the current Chief Financial Officer. He is slated to retire following the completion of Enviri's Clean Earth sale and the spin-off of "New Enviri," both anticipated by mid-2026.

Russell C. Hochman President and Chief Operating Officer

Mr. Hochman serves as President and Chief Operating Officer and is designated to become the Chief Executive Officer of "New Enviri" following the company's planned spin-off.

Christophe Reitemeier Senior Vice President and President, Harsco Environmental

Mr. Reitemeier was appointed to this role effective January 1, 2025. He has been with the company since 1999, having previously served as Vice President and Chief Financial Officer of Harsco Environmental since 2020.

Gary Lada President, Harsco Rail

Mr. Lada assumed the role of President of Harsco Rail effective May 5, 2025. He brings extensive experience from the rail industry, including his tenure at GE Transportation (now Wabtec), and is an Enviri Executive Leadership team member.

AI Analysis | Feedback

The key risks to Enviri's business are as follows:

  1. Dependence on Industrial Production and Economic Cycles: Enviri's Harsco Environmental segment primarily serves the iron, steel, and metals manufacturing industries through long-term contracts for on-site services. A significant downturn in these industrial sectors or broader economic slowdowns could lead to reduced demand for their services and products. Similarly, the Harsco Clean Earth segment, dealing with specialty waste, contaminated soils, and dredged materials, is also susceptible to economic cycles affecting industrial output and construction activity.

  2. Environmental Regulatory and Compliance Risks, including Liabilities: As a provider of environmental solutions and waste management services, Enviri operates in a highly regulated environment. Changes in environmental laws and regulations, particularly regarding hazardous waste, emissions, or land use, could increase compliance costs, require significant capital expenditures, or limit their operational scope. Furthermore, handling hazardous and contaminated materials, especially within the Harsco Clean Earth segment, inherently carries significant environmental liability risks, including potential fines, remediation costs, and legal actions.

  3. Market Demand and Pricing for Recycled and Recovered Materials: The Harsco Environmental segment produces and sells industrial abrasives, roofing granules, aluminum dross, and value-added downstream products from industrial waste-streams. The profitability of these activities is directly tied to the market demand and pricing for these recycled and recovered materials. Fluctuations in commodity prices, shifts in demand for recycled content, or increased competition from virgin materials could negatively impact the revenue and margins derived from these product lines.

AI Analysis | Feedback

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AI Analysis | Feedback

Enviri Corporation (NVRI) Addressable Market Sizes

Enviri Corporation (NVRI) provides environmental solutions through its Harsco Environmental and Harsco Clean Earth segments. The addressable markets for its main products and services are identified as follows:

Harsco Environmental Segment

  • Industrial Waste Management and Resource Recovery (Global): The global waste management market, which includes industrial waste, was valued at approximately USD 1.28 trillion in 2025 and is projected to reach around USD 2.44 trillion by 2035, growing at a compound annual growth rate (CAGR) of 6.66% from 2026 to 2035. The industrial segment holds a significant market share within the global waste management market, with industrial waste streams forecast to grow at an 8.3% CAGR through 2031.
  • Industrial Abrasives (Global): The global abrasives market size was valued at USD 72.98 billion in 2024 and is expected to reach USD 110.32 billion by 2032, exhibiting a CAGR of 5.30% during the forecast period.
  • Roofing Granules (Global): The global roofing granule market is projected to grow from USD 3.1 billion in 2024 to USD 3.9 billion by 2030, at a CAGR of 3.8% between 2025 and 2030.

Harsco Clean Earth Segment

  • Hazardous Waste Management (Global): The global hazardous waste management market size was valued at USD 18.94 billion in 2025. It is projected to grow from USD 20.05 billion in 2026 to USD 31.68 billion by 2034, at a CAGR of 5.88%.
  • Hazardous Waste Management (U.S.): The hazardous waste management market in the United States is expected to reach a projected revenue of USD 7,257.5 million by 2033, growing at a CAGR of 5.8% from 2026 to 2033.
  • Contaminated Soil Remediation (Global): The global soil remediation market size was estimated at USD 44.90 billion in 2024 and is expected to reach approximately USD 87.13 billion by 2034, growing at a CAGR of 6.89% from 2025 to 2034.
  • Contaminated Soil Remediation (U.S.): The U.S. soil remediation market size surpassed USD 8.3 billion in 2024 and is predicted to reach around USD 15.38 billion by 2034, registering a CAGR of 6.36% from 2025 to 2034.
  • Dredged Materials Management (Global): The global dredging market size is projected to be USD 19245.8 million in 2025 and is expected to boost sales to USD 26339.20 million by 2033, at a CAGR of 4.00% from 2025 to 2033.
  • Dredged Materials Management (U.S.): The U.S. dredging market is projected to be valued at USD 5,701.6 million in 2025, and is expected to reach USD 7,444.3 million in 2034, growing at a CAGR of 3.0%.

AI Analysis | Feedback

Enviri Corporation (NVRI) is expected to drive future revenue growth over the next 2-3 years primarily through its Harsco Environmental segment, following the planned divestiture of its Clean Earth business. The key drivers of future revenue growth include: * New contract wins and expanded service levels within the Harsco Environmental segment. Enviri's Harsco Environmental segment has a track record of securing new contracts and increasing service levels globally. For instance, in 2023, the segment won 22 out of 23 contracts and secured five growth contracts, indicating a strong ability to attract and retain business. * Increased demand in the global steel industry, particularly in growing regions, benefiting Harsco Environmental. The Harsco Environmental segment is positioned to benefit from a modest increase in steel production at customer sites. Growth in steel production in regions such as India, the Middle East, and North America directly supports revenue expansion for Enviri's environmental solutions in these markets. * Ongoing operational improvements, efficiency initiatives, and a strategic focus on higher-margin contracts within Harsco Environmental. Enviri is implementing improvement actions at underperforming sites and is strategically exiting lower-margin contracts to concentrate on more profitable opportunities within its Harsco Environmental segment. These efforts are anticipated to enhance profitability and contribute to a more robust and sustainable revenue stream.

AI Analysis | Feedback

Outbound Investments

  • Enviri has signed definitive agreements to sell its Clean Earth segment to Veolia for over $3.0 billion.
  • This divestiture is described as a strategic premium, representing a significant return on Enviri's historical investment in Clean Earth.
  • The sale of Clean Earth is part of a larger portfolio reshaping, which will also involve spinning off the Harsco Environmental and Harsco Rail businesses into a new standalone public company called "New Enviri".

Capital Expenditures

  • Enviri's capital expenditures were $158.3 million in 2021, $137.2 million in 2022, $139 million in 2023, and $136.6 million in 2024.
  • Projected capital expenditures for 2025 are between $130 million and $140 million, with a forecast of $141.3 million, and are primarily earmarked for Clean Earth to capitalize on growth opportunities.
  • Forecasted capital expenditures are $118.8 million for 2026 and $121.8 million for 2027.

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Peer Comparisons

Peers to compare with:

Financials

NVRICWSTGEOCECOFTEKYDDLMedian
NameEnviri Casella .GEO CECO Env.Fuel TechOne and . 
Mkt Price22.0594.3530.3691.872.152.0726.20
Mkt Cap0.66.04.03.30.1-3.3
Rev LTM-1,8772,73180426-1,340
Op Inc LTM-9332358-4-76
FCF LTM-102-31-6-0--3
FCF 3Y Avg-859912-1-49
CFO LTM-34215841-81
CFO 3Y Avg-29721825-1-121

Growth & Margins

NVRICWSTGEOCECOFTEKYDDLMedian
NameEnviri Casella .GEO CECO Env.Fuel TechOne and . 
Rev Chg LTM-14.9%12.7%32.1%-0.7%-13.8%
Rev Chg 3Y Avg-19.0%4.1%22.4%-2.4%-11.6%
Rev Chg Q-9.6%16.6%16.5%-4.7%-13.1%
QoQ Delta Rev Chg LTM-2.2%3.8%3.8%-1.1%-3.0%
Op Inc Chg LTM--9.6%11.0%56.7%-9.2%-0.9%
Op Inc Chg 3Y Avg--3.1%-5.8%31.2%-74.6%--4.4%
Op Mgn LTM-4.9%11.8%7.3%-16.4%-6.1%
Op Mgn 3Y Avg-6.2%12.6%6.8%-15.4%-6.5%
QoQ Delta Op Mgn LTM-0.1%0.6%0.6%-2.6%-0.3%
CFO/Rev LTM-18.2%5.8%0.6%2.5%-4.1%
CFO/Rev 3Y Avg-18.3%8.8%4.3%-2.1%-6.5%
FCF/Rev LTM-5.4%-1.1%-0.8%-1.0%--0.9%
FCF/Rev 3Y Avg-5.2%4.1%2.4%-4.4%-3.3%

Valuation

NVRICWSTGEOCECOFTEKYDDLMedian
NameEnviri Casella .GEO CECO Env.Fuel TechOne and . 
Mkt Cap0.66.04.03.30.1-3.3
P/S-3.21.54.12.5-2.9
P/Op Inc-64.612.456.2-15.5-34.3
P/EBIT-83.07.776.3-15.5-42.0
P/E-839.514.7239.9-22.7-127.3
P/CFO-17.525.5735.7101.1-63.3
Total Yield-0.1%6.8%0.4%-4.4%-0.3%
Dividend Yield0.0%0.0%0.0%0.0%0.0%-0.0%
FCF Yield 3Y Avg-1.5%4.4%1.7%-3.2%-1.6%
D/E2.80.20.40.10.0-0.2
Net D/E2.70.20.40.1-0.3-0.2

Returns

NVRICWSTGEOCECOFTEKYDDLMedian
NameEnviri Casella .GEO CECO Env.Fuel TechOne and . 
1M Rtn275.0%12.0%31.4%10.3%42.4%-39.1%21.7%
3M Rtn322.6%25.9%81.7%50.7%72.0%-85.0%61.4%
6M Rtn343.8%-6.7%86.1%49.6%31.9%-61.5%40.8%
12M Rtn804.2%-18.2%27.7%210.4%-18.9%-61.8%4.7%
3Y Rtn736.7%8.9%323.4%618.3%65.4%-61.8%194.4%
1M Excs Rtn298.9%11.6%36.2%7.9%44.6%-36.5%23.9%
3M Excs Rtn312.2%9.6%61.9%36.8%58.5%-99.2%47.7%
6M Excs Rtn329.1%-12.0%80.9%45.0%27.1%-68.9%36.1%
12M Excs Rtn830.0%-38.3%10.7%193.5%-42.8%-82.5%-13.8%
3Y Excs Rtn708.8%-59.3%242.4%517.1%-6.8%-130.3%117.8%

Comparison Analyses

null

Financials

$ Mil | FY: 12/312026Q1
Period End3/31/2026
Filing Date6/8/2026
Key Financials Quarterly 
Total Revenue550
Ebitda26
Operating Income14
Net Income-11
EPS-0.38
Key Financials TTM 
Total Revenue TTM-
Ebitda TTM-
Operating Income TTM-
Net Income TTM-
Growth Rates Quarterly 
Total Revenue Growth-
EBITDA Growth-
Operating Income Growth-
Net Income Growth-
Margins Quarterly 
EBITDA Margin4.8%
Operating Income Margin2.5%
Net Income Margin-1.9%
Cash & Debt 
Total Cash106
Total Debt1,752
Net Debt / (Cash)1,646
Cash Flows Quarterly 
FCF from Operations-13
Cash Flows TTM 
FCF from Operations TTM-
Returns to Shareholders Quarterly 
Dividends0
Share Repurchases-0
Return on Invested Capital (ROIC) Quarterly 
ROIC0.9%
Return on Invested Capital (ROIC) TTM 
ROIC TTM-

Segment Financials

Revenue by Segment
$ Mil202520242023
Harsco Environmental1,0191,1121,142
Harsco Rail247291297
Corporate000
Total1,2671,4031,439


Operating Income by Segment
$ Mil202520242023
Harsco Environmental211862
Corporate-1261
Harsco Rail-64-55-35
Total-55-3028


Assets by Segment
$ Mil20252024
Harsco Environmental1,3291,263
Harsco Rail333351
Corporate824
Total1,6711,638


Price Behavior

Price Behavior
Market Price$22.05 
Market Cap ($ Bil)1.8 
First Trading Date12/29/2006 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$10.64$6.06
DMA Trendupup
Distance from DMA107.2%264.0%
 3M1YR
Volatility432.2%214.8%
Downside Capture-885.96-178.85
Upside Capture79.49128.24
Correlation (SPY)-9.5%-0.3%
NVRI Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.930.560.730.551.031.64
Up Beta1.090.791.271.161.751.75
Down Beta2.851.910.710.571.051.68
Up Capture68%27%56%35%137%454%
Bmk +ve Days13283667141432
Stock +ve Days9193163133385
Down Capture7%4%42%17%22%110%
Bmk -ve Days7132757109318
Stock -ve Days11223260111343

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with NVRI
NVRI209.3%45.6%2.62-
Sector ETF (XLI)27.5%16.5%1.2924.5%
Equity (SPY)21.2%12.4%1.2625.8%
Gold (GLD)21.8%27.7%0.7011.2%
Commodities (DBC)21.8%18.6%0.92-7.8%
Real Estate (VNQ)16.1%13.6%0.8532.6%
Bitcoin (BTCUSD)-44.2%42.5%-1.253.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with NVRI
NVRI4.5%55.7%0.30-
Sector ETF (XLI)14.5%17.6%0.6547.6%
Equity (SPY)13.4%17.1%0.6143.9%
Gold (GLD)17.8%18.3%0.7912.2%
Commodities (DBC)7.4%19.5%0.2815.4%
Real Estate (VNQ)3.4%18.9%0.0839.3%
Bitcoin (BTCUSD)10.9%54.0%0.3916.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with NVRI
NVRI14.6%58.1%0.48-
Sector ETF (XLI)14.5%20.1%0.6354.5%
Equity (SPY)15.2%18.0%0.7249.1%
Gold (GLD)11.8%16.1%0.604.1%
Commodities (DBC)5.9%18.0%0.2625.5%
Real Estate (VNQ)5.6%20.7%0.2339.6%
Bitcoin (BTCUSD)54.7%66.4%0.9514.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity2.6 Mil
Short Interest: % Change Since 5312026259847500.0%
Average Daily Volume0.7 Mil
Days-to-Cover Short Interest3.7 days
Basic Shares Quantity28.1 Mil
Short % of Basic Shares9.2%

Returns Analyses

Earnings Returns History

Updated 6/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/11/20264.2%2.4% 
2/24/2026-6.2%-4.2%-3.7%
11/10/20253.9%9.8%48.5%
8/5/20251.7%1.4%28.4%
5/1/20251.5%3.4%18.6%
2/20/2025-13.4%-21.0%-22.6%
10/31/2024-23.7%-24.6%-26.3%
8/1/20245.2%-7.3%-2.4%
...
SUMMARY STATS   
# Positive131111
# Negative111312
Median Positive4.2%9.8%21.4%
Median Negative-13.4%-17.4%-19.8%
Max Positive22.5%39.2%48.5%
Max Negative-29.1%-25.4%-26.3%
 Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/11/20264.2%2.4% 
2/24/2026-6.2%-4.2%-3.7%
11/10/20253.9%9.8%48.5%
8/5/20251.7%1.4%28.4%
5/1/20251.5%3.4%18.6%
2/20/2025-13.4%-21.0%-22.6%
10/31/2024-23.7%-24.6%-26.3%
8/1/20245.2%-7.3%-2.4%
5/2/2024-13.2%-4.1%8.9%
2/29/2024-1.5%1.6%14.7%
11/2/20239.8%-0.7%9.1%
8/2/2023-11.2%-25.4%-22.6%
5/3/202316.9%39.2%26.6%
2/27/20234.3%3.8%-19.6%
11/1/202222.5%16.3%41.4%
8/2/20229.4%35.2%20.4%
5/3/2022-16.7%-23.6%-19.9%
2/24/2022-29.1%-17.9%-21.5%
11/2/2021-20.2%-17.4%-19.7%
8/3/20210.8%-5.6%-9.0%
5/4/20211.8%14.3%21.4%
2/25/2021-15.3%-23.3%-22.9%
11/3/20200.9%11.3%33.5%
8/5/2020-1.7%-1.6%-12.3%
SUMMARY STATS   
# Positive131111
# Negative111312
Median Positive4.2%9.8%21.4%
Median Negative-13.4%-17.4%-19.8%
Max Positive22.5%39.2%48.5%
Max Negative-29.1%-25.4%-26.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202606/08/202610-Q
12/31/202505/06/202610-12B/A
 Collapse to Preview
Report DateFiling DateFiling
03/31/202606/08/202610-Q
12/31/202505/06/202610-12B/A

Insider Activity

Updated 6/17/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Minan, Peter FrancisExecutive Vice President & CFODirectBuy608202619.258,333160,410316,354Form
2Purvis, Edgar M JR DirectBuy604202618.1014,000253,400868,348Form
3Hochman, Russell CPresident and CEODirectBuy604202619.4351,5191,001,0142,807,829Form
4Kozak, Jennifer OttSenior Vice President & CHRODirectSell1209202518.189,692176,198148,728Form
 Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Minan, Peter FrancisExecutive Vice President & CFODirectBuy608202619.258,333160,410316,354Form
2Purvis, Edgar M JR DirectBuy604202618.1014,000253,400868,348Form
3Hochman, Russell CPresident and CEODirectBuy604202619.4351,5191,001,0142,807,829Form
4Kozak, Jennifer OttSenior Vice President & CHRODirectSell1209202518.189,692176,198148,728Form

Industry Resources

Industrials Resources
IndustryWeek
Manufacturing.net
Aviation Week
Environmental & Facilities Services Resources
Waste360
Waste Dive
FacilitiesNet

External Quote Links


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Core Cache Last Updated: 6/27/2026