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ENVIRI Corp (NVRI) Stock Fundamental Analysis & AI Rating 2026

NVRI NYSE Services-Services, NEC DE CIK: 0000045876
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
86% Confidence
STRONG AGREEMENT
STRONG SELL
88% Conf
STRONG SELL
83% Conf

📊 NVRI Key Takeaways

Revenue: $2.2B
Net Margin: -7.5%
Free Cash Flow: $-39.9M
Current Ratio: 1.14x
Debt/Equity: 6.10x
EPS: $-2.08
AI Rating: STRONG SELL with 88% confidence
ENVIRI Corp (NVRI) receives a STRONG SELL rating with 86% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.2B, net profit margin of -7.5%, and return on equity (ROE) of -65.7%, ENVIRI Corp demonstrates mixed fundamentals in the Services sector. Below is our complete NVRI stock analysis for 2026.

Is ENVIRI Corp (NVRI) a Good Investment?

Claude

ENVIRI is in severe financial distress with deteriorating profitability (-$167.6M net loss), unsustainable debt leverage (6.10x debt/equity), and critically zero interest coverage indicating inability to service $1.6B debt load. Negative free cash flow of -$39.9M combined with flat revenue and 3.6% gross margins reflect fundamental operational challenges with no clear path to recovery.

ChatGPT

ENVIRI’s fundamentals are weak: razor‑thin operating profitability, persistent net losses, and negative free cash flow alongside very high leverage and effectively zero interest coverage elevate refinancing and solvency risk. With flat revenue and sub‑4% gross margins, the business lacks operating leverage to delever organically. Until sustained margin expansion and consistently positive FCF are demonstrated, downside risk dominates.

Why Buy ENVIRI Corp Stock? NVRI Key Strengths

Claude
  • + Positive operating cash flow of $101.4M demonstrates ability to generate cash from core operations despite losses
  • + Established revenue base of $2.2B with existing customer relationships provides foundation
  • + Cash position of $103.7M provides short-term runway for operations and debt service
ChatGPT
  • + Stable revenue base (flat YoY)
  • + Positive operating cash flow (~$101M)
  • + Cash balance and >1.0x current ratio provide a modest near‑term cushion

NVRI Stock Risks: ENVIRI Corp Investment Risks

Claude
  • ! Zero interest coverage ratio (0.0x) indicates company cannot cover debt service from operating income - immediate solvency and refinancing risk
  • ! Extreme leverage with 6.10x debt/equity ratio and $1.6B long-term debt against only $255.1M equity - highly vulnerable to economic stress
  • ! Negative free cash flow of -$39.9M means company is burning cash after capex despite positive OCF, requiring continuous financing
  • ! Deteriorating profitability with net losses worsening to -$167.6M and diluted EPS declining 28.4% YoY
  • ! Critically low gross margins of 3.6% suggest structural competitive disadvantage or pricing pressure with minimal operating flexibility
ChatGPT
  • ! Extremely weak profitability (3.6% gross, 0.2% operating) and ongoing net losses
  • ! High leverage (Debt/Equity 6.1x) with effectively no interest coverage (0.0x)
  • ! Negative free cash flow and sub‑1.0x quick ratio indicate liquidity/refinancing risk

Key Metrics to Watch

Claude
  • * Interest coverage ratio recovery above 1.5x minimum - debt sustainability indicator
  • * Free cash flow return to positive territory - cash burn trajectory critical
  • * Gross margin expansion toward 8-10% range - indicates operational improvement
  • * Debt/equity ratio reduction below 3.0x through debt paydown or restructuring
  • * Return to GAAP profitability and positive net income - earnings trajectory
ChatGPT
  • * Interest Coverage
  • * Free Cash Flow

ENVIRI Corp (NVRI) Financial Metrics & Key Ratios

Revenue
$2.2B
Net Income
$-167.6M
EPS (Diluted)
$-2.08
Free Cash Flow
$-39.9M
Total Assets
$2.7B
Cash Position
$103.7M

💡 AI Analyst Insight

ENVIRI Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

NVRI Profit Margin, ROE & Profitability Analysis

Gross Margin 3.6%
Operating Margin 0.2%
Net Margin -7.5%
ROE -65.7%
ROA -6.2%
FCF Margin -1.8%

NVRI vs Services Sector: How ENVIRI Corp Compares

How ENVIRI Corp compares to Services sector averages

Net Margin
NVRI -7.5%
vs
Sector Avg 10.0%
NVRI Sector
ROE
NVRI -65.7%
vs
Sector Avg 16.0%
NVRI Sector
Current Ratio
NVRI 1.1x
vs
Sector Avg 1.5x
NVRI Sector
Debt/Equity
NVRI 6.1x
vs
Sector Avg 0.7x
NVRI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is ENVIRI Corp Stock Overvalued? NVRI Valuation Analysis 2026

Based on fundamental analysis, ENVIRI Corp shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
-65.7%
Sector avg: 16%
Net Profit Margin
-7.5%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
6.10x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

ENVIRI Corp Balance Sheet: NVRI Debt, Cash & Liquidity

Current Ratio
1.14x
Quick Ratio
0.85x
Debt/Equity
6.10x
Debt/Assets
89.1%
Interest Coverage
0.04x
Long-term Debt
$1.6B

NVRI Revenue & Earnings Growth: 5-Year Financial Trend

NVRI 5-year financial data: Year 2021: Revenue $1.8B, Net Income $503.9M, EPS $6.19. Year 2022: Revenue $1.9B, Net Income -$26.3M, EPS $-0.33. Year 2023: Revenue $2.1B, Net Income -$3.2M, EPS $-0.04. Year 2024: Revenue $2.4B, Net Income -$180.1M, EPS $-2.27. Year 2025: Revenue $2.4B, Net Income -$83.0M, EPS $-1.04.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: ENVIRI Corp's revenue has grown significantly by 28% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.04 indicates the company is currently unprofitable.

NVRI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-1.8%
Free cash flow / Revenue

NVRI Quarterly Earnings & Performance

Quarterly financial performance data for ENVIRI Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $573.6M -$13.2M $-0.16
Q2 2025 $562.3M -$13.6M $-0.17
Q1 2025 $548.3M -$13.4M $-0.17
Q3 2024 $573.6M -$10.8M $-0.14
Q2 2024 $609.0M -$11.4M $-0.14
Q1 2024 $560.7M -$9.5M $-0.12
Q3 2023 $486.9M $2.1M $0.03
Q2 2023 $481.1M -$11.4M $-0.14

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

ENVIRI Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$101.4M
Cash generated from operations
Capital Expenditures
$141.3M
Investment in assets
Dividends
None
No dividend program

NVRI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for ENVIRI Corp (CIK: 0000045876)

📋 Recent SEC Filings

Date Form Document Action
Mar 16, 2026 4 xslF345X05/wk-form4_1773698547.xml View →
Mar 13, 2026 4 xslF345X05/wk-form4_1773428242.xml View →
Mar 13, 2026 4 xslF345X05/wk-form4_1773428213.xml View →
Mar 13, 2026 4 xslF345X05/wk-form4_1773428186.xml View →
Mar 13, 2026 4 xslF345X05/wk-form4_1773428157.xml View →

Frequently Asked Questions about NVRI

What is the AI rating for NVRI?

ENVIRI Corp (NVRI) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 86% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NVRI's key strengths?

Claude: Positive operating cash flow of $101.4M demonstrates ability to generate cash from core operations despite losses. Established revenue base of $2.2B with existing customer relationships provides foundation. ChatGPT: Stable revenue base (flat YoY). Positive operating cash flow (~$101M).

What are the risks of investing in NVRI?

Claude: Zero interest coverage ratio (0.0x) indicates company cannot cover debt service from operating income - immediate solvency and refinancing risk. Extreme leverage with 6.10x debt/equity ratio and $1.6B long-term debt against only $255.1M equity - highly vulnerable to economic stress. ChatGPT: Extremely weak profitability (3.6% gross, 0.2% operating) and ongoing net losses. High leverage (Debt/Equity 6.1x) with effectively no interest coverage (0.0x).

What is NVRI's revenue and growth?

ENVIRI Corp reported revenue of $2.2B.

Does NVRI pay dividends?

ENVIRI Corp does not currently pay dividends.

Where can I find NVRI SEC filings?

Official SEC filings for ENVIRI Corp (CIK: 0000045876) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NVRI's EPS?

ENVIRI Corp has a diluted EPS of $-2.08.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NVRI a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, ENVIRI Corp has a STRONG SELL rating with 86% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NVRI stock overvalued or undervalued?

Valuation metrics for NVRI: ROE of -65.7% (sector avg: 16%), net margin of -7.5% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy NVRI stock in 2026?

Our dual AI analysis gives ENVIRI Corp a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NVRI's free cash flow?

ENVIRI Corp's operating cash flow is $101.4M, with capital expenditures of $141.3M. FCF margin is -1.8%.

How does NVRI compare to other Services stocks?

Vs Services sector averages: Net margin -7.5% (avg: 10%), ROE -65.7% (avg: 16%), current ratio 1.14 (avg: 1.5).

Is ENVIRI Corp carrying too much debt?

NVRI has a debt-to-equity ratio of 6.10x, which is above the Services sector average of 0.7x. However, the current ratio of 1.14 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI