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Side-by-side financial comparison of ENVIRI Corp (NVRI) and Rithm Capital Corp. (RITM). Click either name above to swap in a different company.

Rithm Capital Corp. is the larger business by last-quarter revenue ($828.2M vs $555.0M, roughly 1.5× ENVIRI Corp). Rithm Capital Corp. runs the higher net margin — 13.2% vs -15.2%, a 28.4% gap on every dollar of revenue. On growth, Rithm Capital Corp. posted the faster year-over-year revenue change (508.5% vs -0.8%). Over the past eight quarters, ENVIRI Corp's revenue compounded faster (-3.8% CAGR vs -17.9%).

Enviri Corporation is an environmental company based in Philadelphia, Pennsylvania. It operates in over 30 countries and employs approximately 12,000 people worldwide. The company addresses complex environmental issues for large industries, including steel, railways, and energy.

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

NVRI vs RITM — Head-to-Head

Bigger by revenue
RITM
RITM
1.5× larger
RITM
$828.2M
$555.0M
NVRI
Growing faster (revenue YoY)
RITM
RITM
+509.2% gap
RITM
508.5%
-0.8%
NVRI
Higher net margin
RITM
RITM
28.4% more per $
RITM
13.2%
-15.2%
NVRI
Faster 2-yr revenue CAGR
NVRI
NVRI
Annualised
NVRI
-3.8%
-17.9%
RITM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NVRI
NVRI
RITM
RITM
Revenue
$555.0M
$828.2M
Net Profit
$-84.3M
$109.5M
Gross Margin
Operating Margin
-6.4%
29.9%
Net Margin
-15.2%
13.2%
Revenue YoY
-0.8%
508.5%
Net Profit YoY
0.7%
27.7%
EPS (diluted)
$-1.04
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NVRI
NVRI
RITM
RITM
Q1 26
$828.2M
Q4 25
$555.0M
$1.5B
Q3 25
$574.8M
$1.1B
Q2 25
$562.3M
$1.2B
Q1 25
$548.3M
$768.4M
Q4 24
$559.2M
$2.1B
Q3 24
$573.6M
$619.5M
Q2 24
$610.0M
$1.2B
Net Profit
NVRI
NVRI
RITM
RITM
Q1 26
$109.5M
Q4 25
$-84.3M
$85.0M
Q3 25
$-22.3M
$221.5M
Q2 25
$-47.6M
$311.7M
Q1 25
$-13.4M
$78.8M
Q4 24
$-84.9M
$290.2M
Q3 24
$-13.2M
$121.7M
Q2 24
$-13.6M
$235.6M
Operating Margin
NVRI
NVRI
RITM
RITM
Q1 26
29.9%
Q4 25
-6.4%
13.8%
Q3 25
2.9%
21.4%
Q2 25
-1.3%
25.2%
Q1 25
5.6%
7.4%
Q4 24
-11.4%
23.8%
Q3 24
6.5%
7.3%
Q2 24
5.1%
23.6%
Net Margin
NVRI
NVRI
RITM
RITM
Q1 26
13.2%
Q4 25
-15.2%
5.7%
Q3 25
-3.9%
20.0%
Q2 25
-8.5%
25.6%
Q1 25
-2.4%
10.3%
Q4 24
-15.2%
14.0%
Q3 24
-2.3%
19.7%
Q2 24
-2.2%
19.2%
EPS (diluted)
NVRI
NVRI
RITM
RITM
Q1 26
$0.12
Q4 25
$-1.04
$0.09
Q3 25
$-0.28
$0.35
Q2 25
$-0.59
$0.53
Q1 25
$-0.17
$0.07
Q4 24
$-1.07
$0.50
Q3 24
$-0.16
$0.20
Q2 24
$-0.17
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NVRI
NVRI
RITM
RITM
Cash + ST InvestmentsLiquidity on hand
$103.7M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$255.1M
$9.1B
Total Assets
$2.7B
$53.4B
Debt / EquityLower = less leverage
6.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVRI
NVRI
RITM
RITM
Q1 26
Q4 25
$103.7M
$1.8B
Q3 25
$115.4M
$1.6B
Q2 25
$97.8M
$1.6B
Q1 25
$102.5M
$1.5B
Q4 24
$88.4M
$1.5B
Q3 24
$110.2M
$1.6B
Q2 24
$104.0M
$1.2B
Total Debt
NVRI
NVRI
RITM
RITM
Q1 26
Q4 25
$1.6B
$35.4B
Q3 25
$32.2B
Q2 25
$31.2B
Q1 25
$32.2B
Q4 24
$1.4B
$32.6B
Q3 24
$29.6B
Q2 24
$30.1B
Stockholders' Equity
NVRI
NVRI
RITM
RITM
Q1 26
$9.1B
Q4 25
$255.1M
$8.4B
Q3 25
$361.1M
$8.5B
Q2 25
$376.3M
$7.9B
Q1 25
$409.0M
$7.8B
Q4 24
$391.5M
$7.8B
Q3 24
$484.0M
$7.7B
Q2 24
$485.7M
$7.3B
Total Assets
NVRI
NVRI
RITM
RITM
Q1 26
$53.4B
Q4 25
$2.7B
$53.1B
Q3 25
$2.8B
$47.2B
Q2 25
$2.8B
$44.3B
Q1 25
$2.7B
$45.3B
Q4 24
$2.6B
$46.0B
Q3 24
$2.8B
$42.3B
Q2 24
$2.8B
$42.0B
Debt / Equity
NVRI
NVRI
RITM
RITM
Q1 26
Q4 25
6.10×
4.20×
Q3 25
3.79×
Q2 25
3.92×
Q1 25
4.14×
Q4 24
3.66×
4.18×
Q3 24
3.87×
Q2 24
4.10×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NVRI
NVRI
RITM
RITM
Operating Cash FlowLast quarter
$38.4M
Free Cash FlowOCF − Capex
$-10.5M
FCF MarginFCF / Revenue
-1.9%
Capex IntensityCapex / Revenue
8.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-39.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVRI
NVRI
RITM
RITM
Q1 26
Q4 25
$38.4M
$-114.6M
Q3 25
$34.4M
$-2.0B
Q2 25
$22.0M
$-557.1M
Q1 25
$6.6M
$1.4B
Q4 24
$36.3M
$-1.8B
Q3 24
$1.4M
$768.1M
Q2 24
$39.0M
$-55.7M
Free Cash Flow
NVRI
NVRI
RITM
RITM
Q1 26
Q4 25
$-10.5M
Q3 25
$2.7M
Q2 25
$-17.1M
Q1 25
$-15.0M
Q4 24
$1.8M
Q3 24
$-40.2M
Q2 24
$5.4M
FCF Margin
NVRI
NVRI
RITM
RITM
Q1 26
Q4 25
-1.9%
Q3 25
0.5%
Q2 25
-3.0%
Q1 25
-2.7%
Q4 24
0.3%
Q3 24
-7.0%
Q2 24
0.9%
Capex Intensity
NVRI
NVRI
RITM
RITM
Q1 26
Q4 25
8.8%
Q3 25
5.5%
Q2 25
6.9%
Q1 25
3.9%
Q4 24
6.2%
Q3 24
7.2%
Q2 24
5.5%
Cash Conversion
NVRI
NVRI
RITM
RITM
Q1 26
Q4 25
-1.35×
Q3 25
-9.22×
Q2 25
-1.79×
Q1 25
18.03×
Q4 24
-6.04×
Q3 24
6.31×
Q2 24
-0.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NVRI
NVRI

Products And Services Service Revenue$500.2M90%
After Market Parts And Services Safety And Diagnostic Technology$23.0M4%
Railway Track Maintenance Equipment$16.6M3%
Railway Contracting Services$15.9M3%
Aluminum Dross And Scrap Processing Systems$3.1M1%

RITM
RITM

Servicing revenue, net$375.1M45%
Other$234.9M28%
Gain on originated residential mortgage loans, held-for-sale, net$195.0M24%
Other revenue$23.3M3%

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