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

SiriusPoint Ltd is the larger business by last-quarter revenue ($973.7M vs $555.0M, roughly 1.8× ENVIRI Corp). SiriusPoint Ltd runs the higher net margin — 25.1% vs -15.2%, a 40.3% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs -0.8%). Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% CAGR vs -3.8%).

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.

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

NVRI vs SPNT — Head-to-Head

Bigger by revenue
SPNT
SPNT
1.8× larger
SPNT
$973.7M
$555.0M
NVRI
Growing faster (revenue YoY)
SPNT
SPNT
+59.6% gap
SPNT
58.9%
-0.8%
NVRI
Higher net margin
SPNT
SPNT
40.3% more per $
SPNT
25.1%
-15.2%
NVRI
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
-3.8%
NVRI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NVRI
NVRI
SPNT
SPNT
Revenue
$555.0M
$973.7M
Net Profit
$-84.3M
$244.1M
Gross Margin
Operating Margin
-6.4%
28.8%
Net Margin
-15.2%
25.1%
Revenue YoY
-0.8%
58.9%
Net Profit YoY
0.7%
1535.9%
EPS (diluted)
$-1.04
$1.92

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
SPNT
SPNT
Q4 25
$555.0M
$973.7M
Q3 25
$574.8M
$755.9M
Q2 25
$562.3M
$748.2M
Q1 25
$548.3M
$727.3M
Q4 24
$559.2M
$612.8M
Q3 24
$573.6M
$562.2M
Q2 24
$610.0M
$743.3M
Q1 24
$600.3M
$685.5M
Net Profit
NVRI
NVRI
SPNT
SPNT
Q4 25
$-84.3M
$244.1M
Q3 25
$-22.3M
$90.8M
Q2 25
$-47.6M
$63.2M
Q1 25
$-13.4M
$61.6M
Q4 24
$-84.9M
$-17.0M
Q3 24
$-13.2M
$8.5M
Q2 24
$-13.6M
$113.9M
Q1 24
$-18.0M
$94.8M
Operating Margin
NVRI
NVRI
SPNT
SPNT
Q4 25
-6.4%
28.8%
Q3 25
2.9%
14.7%
Q2 25
-1.3%
10.0%
Q1 25
5.6%
10.4%
Q4 24
-11.4%
-2.1%
Q3 24
6.5%
2.0%
Q2 24
5.1%
17.4%
Q1 24
4.3%
15.4%
Net Margin
NVRI
NVRI
SPNT
SPNT
Q4 25
-15.2%
25.1%
Q3 25
-3.9%
12.0%
Q2 25
-8.5%
8.4%
Q1 25
-2.4%
8.5%
Q4 24
-15.2%
-2.8%
Q3 24
-2.3%
1.5%
Q2 24
-2.2%
15.3%
Q1 24
-3.0%
13.8%
EPS (diluted)
NVRI
NVRI
SPNT
SPNT
Q4 25
$-1.04
$1.92
Q3 25
$-0.28
$0.73
Q2 25
$-0.59
$0.50
Q1 25
$-0.17
$0.49
Q4 24
$-1.07
$-0.05
Q3 24
$-0.16
$0.03
Q2 24
$-0.17
$0.57
Q1 24
$-0.22
$0.49

Balance Sheet & Financial Strength

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

Metric
NVRI
NVRI
SPNT
SPNT
Cash + ST InvestmentsLiquidity on hand
$103.7M
$731.2M
Total DebtLower is stronger
$1.6B
$688.6M
Stockholders' EquityBook value
$255.1M
$2.5B
Total Assets
$2.7B
$12.6B
Debt / EquityLower = less leverage
6.10×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVRI
NVRI
SPNT
SPNT
Q4 25
$103.7M
$731.2M
Q3 25
$115.4M
$582.4M
Q2 25
$97.8M
$732.4M
Q1 25
$102.5M
$740.3M
Q4 24
$88.4M
$682.0M
Q3 24
$110.2M
$640.7M
Q2 24
$104.0M
$598.1M
Q1 24
$103.9M
$867.5M
Total Debt
NVRI
NVRI
SPNT
SPNT
Q4 25
$1.6B
$688.6M
Q3 25
$682.5M
Q2 25
$678.4M
Q1 25
$663.5M
Q4 24
$1.4B
$639.1M
Q3 24
$660.5M
Q2 24
$648.6M
Q1 24
$770.6M
Stockholders' Equity
NVRI
NVRI
SPNT
SPNT
Q4 25
$255.1M
$2.5B
Q3 25
$361.1M
$2.2B
Q2 25
$376.3M
$2.1B
Q1 25
$409.0M
$2.0B
Q4 24
$391.5M
$1.9B
Q3 24
$484.0M
$2.7B
Q2 24
$485.7M
$2.7B
Q1 24
$500.9M
$2.6B
Total Assets
NVRI
NVRI
SPNT
SPNT
Q4 25
$2.7B
$12.6B
Q3 25
$2.8B
$12.5B
Q2 25
$2.8B
$12.4B
Q1 25
$2.7B
$12.3B
Q4 24
$2.6B
$12.5B
Q3 24
$2.8B
$12.7B
Q2 24
$2.8B
$12.8B
Q1 24
$2.8B
$13.1B
Debt / Equity
NVRI
NVRI
SPNT
SPNT
Q4 25
6.10×
0.28×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.33×
Q4 24
3.66×
0.33×
Q3 24
0.25×
Q2 24
0.24×
Q1 24
0.30×

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
SPNT
SPNT
Operating Cash FlowLast quarter
$38.4M
$-26.4M
Free Cash FlowOCF − Capex
$-10.5M
FCF MarginFCF / Revenue
-1.9%
Capex IntensityCapex / Revenue
8.8%
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters
$-39.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVRI
NVRI
SPNT
SPNT
Q4 25
$38.4M
$-26.4M
Q3 25
$34.4M
$155.6M
Q2 25
$22.0M
$62.1M
Q1 25
$6.6M
$-88.9M
Q4 24
$36.3M
$107.7M
Q3 24
$1.4M
$58.1M
Q2 24
$39.0M
$-149.9M
Q1 24
$1.3M
$58.8M
Free Cash Flow
NVRI
NVRI
SPNT
SPNT
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
Q1 24
$-25.5M
FCF Margin
NVRI
NVRI
SPNT
SPNT
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%
Q1 24
-4.3%
Capex Intensity
NVRI
NVRI
SPNT
SPNT
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%
Q1 24
4.5%
Cash Conversion
NVRI
NVRI
SPNT
SPNT
Q4 25
-0.11×
Q3 25
1.71×
Q2 25
0.98×
Q1 25
-1.44×
Q4 24
Q3 24
6.84×
Q2 24
-1.32×
Q1 24
0.62×

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%

SPNT
SPNT

Segment breakdown not available.

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