12 Best Waste Management Stocks to Invest In Now

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8. Enviri Corporation (NYSE:NVRI)

Number of Hedge Fund Investors: 17

Revenue Growth Rate (year-over-year): -0.99%

One of the Best Waste Management Stocks, Enviri Corporation (NYSE:NVRI) is a global leader in providing environmental solutions for industrial and specialty waste streams, as well as rail equipment and technology. The company is currently divided into three divisions: Harsco Environmental, Harsco Rail, and Clean Earth. The company’s revenue comes from the Harsco Environmental business.

Since 2021, Clean Earth’s EBITDA has more than doubled, and its margins have expanded significantly. In Q4 of 2024, Enviri also posted its highest adjusted EBITDA in over a decade due to a 10% organic rise and a 100 basis point margin expansion. Clean Earth and Harsco Environmental improved their cash flow to approximately $200 million while boosting their safety performance. Clean Earth’s contribution to Enviri Corporation (NYSE:NVRI)’s consolidated EBITDA has surged from 25% to more than 50% since 2021, with double-digit EBITDA growth expected by 2025. Furthermore, Clean Earth and Harsco Environmental earned more than $190 million in free cash flow in 2024, showing excellent financial momentum compared to 2023.

Enviri Corporation (NYSE:NVRI)’s unit, Harsco Environmental, has announced the launch of a new SteelPhalt facility in Murga, Basque Country, Spain. This significant initiative marks SteelPhalt’s first permanent asphalt factory outside of the United Kingdom, highlighting the company’s effort to extend its worldwide footprint and develop sustainable asphalt industry practices.

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