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EnviriNVRI -2.00%8 Debt-to-EBITDA is 49.35 as of Dec. 2025, which is 37% above its 10-year median of 36.10. GuruFocus rates NVRI with a GF Score™ of 8/100. The stock has 4 warning signs investors should review. Among 170 Waste Management companies, Enviri ranks worse than 98.24% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Enviri's Debt-to-EBITDA or its related term are showing as below:
NVRI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 22.86 Med: 36.1 Max: 49.35
Current: 49.35
During the past 3 years, the highest Debt-to-EBITDA Ratio of Enviri was 49.35. The lowest was 22.86. And the median was 36.10.
NVRI's Debt-to-EBITDA is ranked worse than 98.24% of 170
companies
in the Waste Management industry
Industry Median: 3.03
vs NVRI: 49.35
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Enviri Debt-to-EBITDA Related Terms
Enviri Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Enviri's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enviri Debt-to-EBITDA Chart
Enviri Annual Data
Trend
Dec23
Dec24
Dec25
Debt-to-EBITDA
0.00
22.86
49.35
Enviri Semi-Annual Data
Dec23
Dec24
Dec25
Debt-to-EBITDA
0.00
22.86
49.35
NVRI vs ONT, ABAT, PESI: Debt-to-EBITDA Comparison
For the Waste Management subindustry, Enviri's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Enviri Debt-to-EBITDA vs Waste Management Industry
For the Waste Management industry and Industrials sector, Enviri's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Enviri's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is one times the quarterly (Dec. 2025) EBITDA data.
Enviri (NVRI) has a Debt-to-EBITDA of 49.35 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Enviri. This is 37% above median its historical median of 36.10. Over the past decade, Enviri's Debt-to-EBITDA has ranged from 22.86 to 49.35. According to the industry distribution chart, Enviri ranks #167 out of 170 companies in the Waste Management industry, placing it in the top 98.2%.
Is Enviri's Debt-to-EBITDA too high?
Enviri's current Debt-to-EBITDA of 49.35 is 37% above median its 10-year median of 36.10. Over the past 10 years, this metric has ranged from a low of 22.86 to a high of 49.35. The Waste Management industry median Debt-to-EBITDA is 3.03. Enviri's value of 49.35 is 1528.7% above this industry median. Based on the distribution chart, Enviri ranks #167 out of 170 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Enviri has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Enviri's Debt-to-EBITDA compare to ONT and ABAT?
According to the Waste Management industry distribution chart, Enviri ranks #167 out of 170 companies for Debt-to-EBITDA. This places Enviri in the lower half of its industry. The industry median Debt-to-EBITDA is 3.03. Enviri's value of 49.35 is 1528.7% above this benchmark. Historically, Enviri's own Debt-to-EBITDA has ranged from 22.86 to 49.35 over the past decade. While the company's 10-year median is 36.10 vs. the industry median of 3.03, Enviri has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Waste Management company?
The median Debt-to-EBITDA among Waste Management companies is 3.03, based on 170 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enviri's current Debt-to-EBITDA of 49.35 is 1528.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Enviri. For the Waste Management industry, the median Debt-to-EBITDA is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enviri's current Debt-to-EBITDA is 49.35, which is 37% above median its own 10-year median of 36.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enviri stock overvalued right now?
Enviri (NVRI) has a current Debt-to-EBITDA of 49.35. The current Debt-to-EBITDA is 49.35, which is 37% above median its 10-year median of 36.10 and 1528.7% above the Waste Management industry median of 3.03. Enviri's overall GF Score™ is 8/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Enviri (NVRI), the current Debt-to-EBITDA is 49.35 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Enviri Corp provides environmental and operational solutions to the metal and rail industries. It is based in Philadelphia, Pennsylvania, and operates in more than 30 countries. The company leverages over 170 years of industrial expertise to help customers improve operational performance, recover value from byproducts, enhance sustainability, and maintain critical infrastructure. Its divisions are Harsco Environmental and Harsco Rail, which combine deep operational capabilities with technologies and world-wide scale to deliver long-term value for customers, communities, and shareholders.
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