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Enviri Corporation

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.

Price · split & dividend adjusted
News & notes moving NVRI
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Enviri Corporation exits Deutsche Bahn and Network Rail contracts to derisk business

Enviri Corporation has decided to exit its Deutsche Bahn and Network Rail ETO contracts as part of a strategic pivot to derisk the company and improve its go-forward cash flow profile. The company recorded $207 million in unusual P&L items related to exiting rail contracts, including $75 million in non-cash impairments and $133 million in incremental liabilities, with total accrued liability for contract exits and other obligations standing at $190 million, funded by proceeds from the June sale of Clean Earth. Management is in close discussions with Network Rail to provide an alternative maintenance strategy via fleet upgrades, while the agreement with GBM involves transferring supplier obligations and receiving compensation for inventory and intellectual property. The SBB contract remains the only legacy ETO project, with positive cash flows expected to begin in early 2027. Restructuring actions across both segments and corporate, including closing the Ludington, Michigan manufacturing facility and eliminating approximately 300 positions, are projected to deliver over $15 million in annual margin uplift on a run-rate basis, while full-year EBITDA guidance remains unchanged despite geopolitical pressures in the Middle East and uncertainty in the base rail business.
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Enviri Corporation Rings NYSE Bell After Spinoffs, Shares Up 100%

Enviri Corporation shares have risen 100% since it began trading as a standalone company on June 2nd, following the spinoff of its environmental and rail divisions and the sale of its clean-earth business. The company rang the opening bell at the New York Stock Exchange on June 23rd. In its first-quarter results reported in May, Enviri posted $550 million in revenue and a GAAP consolidated loss of $8 million, with operating income of $65 million. Chairman and CEO Nick Grasberger said the results reflect continued execution amid a dynamic operating environment and weather-related disruptions, and that the company remains on track to complete the sale of Clean Earth and the separation of Harsco Environmental and Harsco Rail in the second quarter.
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Enviri rings NYSE Closing Bell to mark debut as standalone public company

Enviri Corporation rang the Closing Bell at the New York Stock Exchange to celebrate its debut as an independent, publicly traded environmental and rail solutions company. President and CEO Russell Hochman and senior leadership gathered for the event, which follows the June 1, 2026 completion of Enviri's transition into a standalone entity after the $3.04 billion sale of its Clean Earth division to Veolia Environnement SA. The company's common stock began trading on the NYSE under the ticker NVRI on June 2, 2026. Enviri now operates two core businesses, Harsco Environmental and Harsco Rail, across more than 30 countries, and enters this new chapter with a conservative capital structure and expectations of meaningful earnings growth.
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