Gross Margin % is calculated as gross profit divided by its revenue. Enviri's Gross Profit for the
three
months ended in Dec. 2023 was $111 Mil. Enviri's Revenue for the
three
months ended in Dec. 2023 was $529 Mil. Therefore, Enviri's Gross Margin % for the quarter that ended in Dec. 2023 was 21.03%.
Warning Sign:
Enviri Corp gross margin has been in long-term decline. The average rate of decline per year is -4.4%.
The historical rank and industry rank for Enviri's Gross Margin % or its related term are showing as below:
NVRI'
s Gross Margin % Range Over the Past 10 Years
Min: 17.77 Med: 20.75 Max: 24.87
Current: 21.05
During the past 13 years, the highestGross Margin % of Enviri was 24.87%. The lowest was 17.77%. And the median was 20.75%.
NVRI's Gross Margin % is ranked worse than 65.18% of 224
companies
in the Waste Management industry
Industry Median: 28.235
vs NVRI: 21.05
Enviri had a gross margin of 21.03% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Enviri was -4.40% per year.
Enviri Gross Margin % Historical Data
The historical data trend for Enviri's Gross Margin % 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.
For the Waste Management subindustry, Enviri's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution
For the Waste Management industry and Industrials sector, Enviri's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Enviri's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Enviri (NYSE:NVRI) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Enviri had a gross margin of 21.03% for the quarter that ended in Dec. 2023 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Enviri Gross Margin % Related Terms
Thank you for viewing the detailed overview of Enviri's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Enviri Corp engages in providing a broad range of environmental services and related solutions. The company's current operations consist of three divisions: Harsco Environmental, Harsco Rail, and Clean Earth The company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their complex environmental challenges.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NVRI has been successfully added to your 