Is ENVIRI Corp (NVRI) Halal?

NYSE Industrials United States $1.5B
✗ NOT HALAL
Confidence: 90/100
ENVIRI Corp (NVRI) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 106.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. ENVIRI Corp operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 106.7%
/ 30%
6.1%
/ 30%
25.1%
/ 30%
0.29%
/ 5%
✗ NOT HALAL
DJIM 106.7%
/ 33%
6.1%
/ 33%
25.1%
/ 33%
0.29%
/ 5%
✗ NOT HALAL
MSCI 57.9%
/ 33%
3.3%
/ 33%
13.6%
/ 33%
0.29%
/ 5%
✗ NOT HALAL
S&P 106.7%
/ 33%
6.1%
/ 33%
25.1%
/ 33%
0.29%
/ 5%
✗ NOT HALAL
FTSE 57.9%
/ 33%
3.3%
/ 33%
13.6%
/ 50%
0.29%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-2.03
P/B Ratio
6.0
EV/EBITDA
15.8
EV: $3.2B
Revenue
$2.2B
Growth: -0.8%
Beta
1.8
High volatility
Current Ratio
1.1

Profitability

Gross Margin 19.1%
Operating Margin -5.0%
Net Margin -7.5%
Return on Equity (ROE) -44.0%
Return on Assets (ROA) 0.5%

Cash Flow & Balance Sheet

Operating Cash Flow$101M
Free Cash Flow-$40M
Total Debt$1.7B
Debt-to-Equity575.9
Current Ratio1.1
Total Assets$2.7B

Price & Trading

Last Close$18.69
50-Day MA$18.60
200-Day MA$14.10
Avg Volume1.4M
Beta1.8
52-Week Range
$4.72
$19.48

About ENVIRI Corp (NVRI)

CEO
Mr. F. Nicholas Grasberger III
Employees
12,000
Sector
Industrials
Industry
Waste Management
Country
United States
Exchange
NYSE
Market Cap
$1.5B
Currency
USD

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. It operates through three segments: Harsco Environmental, Clean Earth, and Harsco Rail. The Harsco Environmental segment offers on-site environmental services for the management of waste and byproduct streams from its customers, which includes resource recovery and recycling of waste materials, materials handling and logistical support, and aluminum dross and scrap management. This segment also manufactures value-added downstream products from industrial waste streams and ecoproducts, which include road surfacing materials, metallurgical additives, agriculture and turf products, and cement additives. The Clean Earth segment provides specialty waste processing solutions, including treatment, recycling, and beneficial reuse of hazardous and non-hazardous wastes and processing of contaminated soil and dredged materials for customers in the industrial, retail, healthcare, and construction industries. The Harsco Rail segment offers railway track maintenance equipment and services, as well as railway maintenance services to railways, mass transit systems, and equipment leasing companies. Its products include engineered railway, rail treatment, tie, and utility track vehicles, new track construction equipment, after-market parts and services, and safety and diagnostics technology systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris. The company was formerly known as Harsco Corporation and changed its name to Enviri Corporation in June 2023. The company was founded in 1853 and is headquartered in Philadelphia, Pennsylvania.

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Frequently Asked Questions

Is ENVIRI Corp (NVRI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ENVIRI Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ENVIRI Corp's debt ratio?

ENVIRI Corp's debt ratio is 106.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 57.9%.

What are ENVIRI Corp's key financial metrics?

ENVIRI Corp has a market capitalization of $1.5B, and revenue of $2.2B. The company maintains a gross margin of 19.1% and a net margin of -7.5%. Return on equity stands at -44.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.