ENVIRI Corp (NVRI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
TWO LOGAN SQUARE PHILADELPHIA, PA 19103 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 89 - Miscellaneous Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 121 | 81 | 83 | 76 | 57 | 64 | |||
| Cash and cash equivalent | 121 | 81 | 83 | 76 | 57 | 64 | |||
| Restricted cash and investments | 3 | 4 | 4 | 3 | 2 | 3 | |||
| Receivables | 315 | 290 | 411 | 442 | 331 | 345 | |||
| Inventory, net of allowances, customer advances and progress billings | 86 | 81 | 70 | 173 | 157 | 133 | |||
| Inventory | 86 | 81 | 70 | 173 | 157 | 133 | |||
| Contract with customer, asset, after allowance for credit loss | 55 | 31 | 24 | ||||||
| Disposal group, including discontinued operation | 255 | 266 | 265 | 22 | |||||
| Other current assets | 16 | 15 | 10 | 11 | 52 | 35 | |||
| Other undisclosed current assets | 30 | 31 | 31 | 56 | |||||
| Total current assets: | 827 | 768 | 875 | 816 | 653 | 605 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | ✕ | ||||||||
| Operating lease, right-of-use asset | 96 | 101 | 102 | 97 | ✕ | ||||
| Property, plant and equipment | 663 | 657 | 654 | 668 | 562 | 470 | |||
| Intangible assets, net (including goodwill) | 1,093 | 1,111 | 1,286 | 1,341 | 1,037 | 491 | |||
| Goodwill | 768 | 759 | 883 | 902 | 738 | 412 | |||
| Intangible assets, net (excluding goodwill) | 325 | 352 | 403 | 439 | 299 | 80 | |||
| Disposal group, including discontinued operation, noncurrent assets | 91 | 70 | 71 | ||||||
| Deferred income tax assets | 15 | 17 | 18 | 15 | 14 | ✕ | |||
| Other noncurrent assets | 69 | 66 | 48 | 56 | 17 | 17 | |||
| Other undisclosed noncurrent assets | 84 | 49 | |||||||
| Total noncurrent assets: | 2,027 | 2,023 | 2,179 | 2,177 | 1,715 | 1,028 | |||
| TOTAL ASSETS: | 2,855 | 2,791 | 3,054 | 2,993 | 2,367 | 1,633 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 278 | 253 | 241 | 267 | 233 | 210 | |||
| Taxes payable | ✕ | ✕ | ✕ | 6 | 3 | 19 | 3 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 48 | 46 | 38 | 58 | ||
| Accounts payable | 199 | 206 | 186 | 218 | 177 | 149 | |||
| Accrued liabilities | 80 | 47 | |||||||
| Deferred revenue | 40 | 54 | ✕ | ||||||
| Debt | 40 | 25 | 22 | 23 | 20 | 17 | |||
| Provision for loss on contracts | 33 | 4 | 6 | ||||||
| Self insurance reserve | 13 | 10 | 41 | ||||||
| Business combination, contingent consideration, liability | 3 | ||||||||
| Other liabilities | 149 | 140 | 155 | 172 | 137 | 119 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 31 | ||
| Other undisclosed current liabilities | 187 | 179 | 150 | 19 | 0 | ||||
| Total current liabilities: | 655 | 597 | 601 | 538 | 465 | 417 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,401 | 1,337 | 1,434 | 1,348 | 775 | 586 | |||
| Long-term debt, excluding current maturities | 1,401 | 1,337 | 1,359 | 1,271 | 775 | 586 | |||
| Finance lease, liability | 7 | ✕ | |||||||
| Liabilities, other than long-term debt | 222 | 234 | 213 | 371 | 288 | 317 | |||
| Deferred revenue | 45 | 6 | ✕ | ||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 38 | ||
| Deferred income tax liabilities | 29 | 30 | 34 | 41 | ✕ | ||||
| Liability, pension and other postretirement and postemployment benefits | 45 | 47 | 94 | 231 | 190 | 214 | |||
| Accrued environmental loss contingencies | 26 | 27 | 28 | ||||||
| Disposal group, including discontinued operation, liabilities | 4 | 9 | 8 | ||||||
| Other liabilities | 47 | 45 | 48 | 39 | 73 | 46 | |||
| Operating lease, liability | 72 | 75 | 75 | 70 | ✕ | ||||
| Self insurance reserve | 15 | 19 | 20 | ||||||
| Other undisclosed noncurrent liabilities | 23 | 49 | |||||||
| Total noncurrent liabilities: | 1,624 | 1,571 | 1,647 | 1,742 | 1,113 | 902 | |||
| Total liabilities: | 2,279 | 2,168 | 2,248 | 2,280 | 1,578 | 1,319 | |||
| Equity | |||||||||
| Equity, attributable to parent | 523 | 569 | 748 | 657 | 742 | 268 | |||
| Common stock | 146 | 145 | 145 | 144 | 143 | 142 | |||
| Treasury stock, value | (850) | (849) | (847) | (843) | (839) | (796) | |||
| Additional paid in capital | 238 | 226 | 216 | 204 | 201 | 191 | |||
| Accumulated other comprehensive loss | (540) | (568) | (560) | (646) | (588) | (567) | |||
| Retained earnings | 1,528 | 1,614 | 1,795 | 1,798 | 1,824 | 1,299 | |||
| Equity, attributable to noncontrolling interest | 52 | 54 | 58 | 56 | 48 | 45 | |||
| Total equity: | 575 | 623 | 806 | 713 | 790 | 313 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,855 | 2,791 | 3,054 | 2,993 | 2,367 | 1,633 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,069 | 1,889 | 1,848 | 1,864 | 1,504 | 1,722 | ||
| Cost of revenue | (1,634) | (1,553) | (1,487) | (1,512) | (1,142) | (1,287) | ||
| Gross profit: | 436 | 336 | 362 | 352 | 362 | 435 | ||
| Operating expenses | (314) | (269) | (273) | (331) | (258) | (244) | ||
| Other operating income (expense), net | 3 | (5) | 4 | (11) | 3 | 2 | ||
| Other undisclosed operating income (loss) | (14) | (120) | (4) | 11 | (3) | (2) | ||
| Operating income (loss): | 111 | (57) | 88 | 21 | 104 | 191 | ||
| Nonoperating income (expense) | (4) | 1 | (3) | 0 | 2 | 2 | ||
| Investment income, nonoperating | 7 | 4 | 2 | 2 | 2 | 2 | ||
| Other nonoperating expense | (11) | (3) | (6) | (2) | ||||
| Interest and debt expense | (104) | (75) | (63) | (60) | (44) | (39) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (22) | 9 | 16 | 7 | (5) | 3 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (19) | (123) | 38 | (31) | 56 | 157 | ||
| Income (loss) from equity method investments | (1) | (0) | (0) | 0 | 0 | 0 | ||
| Income (loss) from continuing operations before income taxes: | (19) | (123) | 37 | (31) | 57 | 158 | ||
| Income tax expense (benefit) | (28) | (10) | (9) | 3 | (20) | (13) | ||
| Income (loss) from continuing operations: | (47) | (134) | 28 | (28) | 37 | 145 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 3 | (40) | (84) | 145 | |
| Income (loss) from discontinued operations | (1) | 7 | (25) | (12) | (121) | 0 | ||
| Other undisclosed net income (loss) | (39) | (50) | 18 | 597 | ||||
| Net income (loss): | (88) | (176) | 3 | (22) | 512 | 145 | ||
| Net income (loss) attributable to noncontrolling interest | 2 | (4) | (6) | (4) | (8) | (8) | ||
| Net income (loss) available to common stockholders, diluted: | (86) | (180) | (3) | (26) | 504 | 137 | ||
Comprehensive Income ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (88) | (176) | 3 | (22) | 512 | 145 | ||
| Other comprehensive income (loss) | 27 | (12) | 84 | (55) | (0) | (22) | ||
| Comprehensive income (loss): | (61) | (188) | 87 | (77) | 512 | 124 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 3 | 0 | (4) | (7) | (7) | (5) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (58) | (188) | 82 | (84) | 505 | 118 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.