NASDAQ : PESI
Perma-Fix Environmental Services, Inc. — Financial statements
Industrials · Waste Management · United States
Last price 13.32 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 282.63M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Perma-Fix Environmental Services, Inc. (PESI) reported revenue of 57.18M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 57.18M | 61.67M | 59.12M | 89.73M | 70.60M | 72.19M |
| Cost of Revenue | 58.80M | 55.70M | 59.12M | 73.37M | 60.99M | 65.37M |
| Gross Profit | -1.61M | 5.97M | 2.00K | 16.37M | 9.61M | 6.82M |
| Selling, General & Admin | 16.32M | 16.42M | 14.49M | 14.97M | 14.65M | 12.85M |
| Research & Development | 1.15M | 1.29M | 1.17M | 561.00K | 336.00K | 746.00K |
| Operating Expenses | 17.47M | 17.71M | 15.66M | 15.54M | 14.99M | 13.59M |
| Operating Income | -19.09M | -11.73M | -15.66M | 833.00K | -5.38M | -6.77M |
| Interest Expense | -213.00K | -314.00K | -539.00K | -416.00K | -236.00K | -288.00K |
| Interest & Investment Income | 871.00K | 1.12M | 921.00K | 606.00K | 99.00K | 26.00K |
| Other Non Operating Income (Expenses) | 217.00K | 261.00K | 166.00K | -11.00K | 1.95M | -86.00K |
| EBT Excluding Unusual Items | -18.21M | -10.66M | -15.11M | 1.01M | -3.57M | -7.12M |
| Gain (Loss) on Sale of Assets | -7.00K | -1.00K | -21.00K | -77.00K | -18.00K | -1.06M |
| Other Unusual Items | 5.38M | |||||
| Pretax Income | -18.22M | -10.66M | -15.13M | 935.00K | -3.59M | -2.80M |
| Income Tax Expense | 4.43M | 17.00K | -378.00K | -3.89M | ||
| Earnings From Continuing Operations | -18.22M | -10.66M | -19.57M | 918.00K | -3.21M | 1.09M |
| Earnings From Discontinued Operations | -2.96M | -3.12M | -410.00K | -433.00K | -605.00K | -421.00K |
| Net Income to Company | -21.18M | -13.78M | -19.98M | 485.00K | -3.82M | 671.00K |
| Minority Interest in Earnings | 164.00K | |||||
| Net Income | -21.18M | -13.78M | -19.98M | 485.00K | -3.82M | 835.00K |
| Net Income to Common | -21.18M | -13.78M | -19.98M | 485.00K | -3.82M | 835.00K |
| Shares Outstanding (Basic) | 18.84M | 18.46M | 15.07M | 13.51M | 13.28M | 12.43M |
| Shares Outstanding (Diluted) | 18.84M | 18.46M | 15.07M | 13.74M | 13.28M | 12.67M |
| EPS (Basic) | -1.12 | -0.75 | -1.33 | 0.04 | -0.29 | 0.07 |
| EPS (Diluted) | -1.13 | -0.75 | -1.33 | 0.04 | -0.29 | 0.07 |
| Free Cash Flow | -21.67M | -15.46M | -18.15M | 4.76M | -1.58M | -8.41M |
| Free Cash Flow Per Share | -1.15 | -0.84 | -1.20 | 0.35 | -0.12 | -0.66 |
| Gross Margin | -2.82% | 9.69% | 0.00% | 18.24% | 13.61% | 9.45% |
| Operating Margin | -33.38% | -19.03% | -26.49% | 0.93% | -7.62% | -9.37% |
| Profit Margin | -37.04% | -22.35% | -33.80% | 0.54% | -5.41% | 1.16% |
| Free Cash Flow Margin | -37.90% | -25.07% | -30.70% | 5.30% | -2.23% | -11.65% |
| EBITDA | -17.23M | -9.97M | -13.90M | 3.40M | -3.27M | -5.08M |
| EBITDA Margin | -30.13% | -16.17% | -23.51% | 3.79% | -4.63% | -7.04% |
| D&A For EBITDA | 1.86M | 1.76M | 1.76M | 2.57M | 2.11M | 1.69M |
| EBIT | -19.09M | -11.73M | -15.66M | 833.00K | -5.38M | -6.77M |
| EBIT Margin | -33.38% | -19.03% | -26.49% | 0.93% | -7.62% | -9.37% |
| Effective Tax Rate | 1.82% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 20.50M | 11.77M | 28.98M | 7.50M | 1.87M | 4.44M |
| Cash & Short-Term Investments | 20.50M | 11.77M | 28.98M | 7.50M | 1.87M | 4.44M |
| Receivables | 19.62M | 20.01M | 16.57M | 18.15M | 15.43M | 20.37M |
| Inventory | 2.50M | 1.56M | 1.35M | 1.16M | 814.00K | 680.00K |
| Prepaid Expenses | 2.91M | 2.97M | 3.31M | 3.74M | 5.41M | 4.47M |
| Other Current Assets | 242.00K | 60.00K | 20.00K | 13.00K | 15.00K | 15.00K |
| Total Current Assets | 45.77M | 36.37M | 50.22M | 30.56M | 23.53M | 29.97M |
| Property, Plant & Equipment | 29.95M | 26.05M | 22.83M | 21.00M | 20.93M | 21.07M |
| Other Intangible Assets | 11.33M | 11.08M | 10.92M | 10.37M | 10.24M | 10.37M |
| Long-Term Deferred Tax Assets | 4.30M | 4.12M | 3.53M | |||
| Other Long-Term Assets | 14.79M | 14.53M | 13.27M | 12.53M | 12.09M | 12.36M |
| Total Assets | 101.84M | 88.03M | 97.25M | 78.75M | 70.90M | 77.30M |
| Accounts Payable | 9.05M | 7.01M | 6.37M | 9.58M | 10.32M | 11.97M |
| Accrued Expenses | 7.75M | 6.97M | 7.38M | 7.76M | 5.48M | 6.14M |
| Current Portion of Long-Term Debt | 616.00K | 562.00K | 550.00K | 773.00K | 476.00K | 393.00K |
| Current Portion of Leases | 988.00K | 729.00K | 630.00K | 671.00K | 570.00K | 739.00K |
| Current Unearned Revenue | 8.66M | 7.01M | 6.71M | 6.82M | 4.81M | 5.58M |
| Other Current Liabilities | 312.00K | 297.00K | 294.00K | 348.00K | 1.04M | 1.08M |
| Total Current Liabilities | 27.38M | 22.57M | 21.94M | 25.95M | 22.71M | 25.91M |
| Long-Term Debt | 1.36M | 1.31M | 1.76M | 1.98M | 563.00K | 600.00K |
| Long-Term Leases | 2.25M | 1.72M | 1.92M | 2.45M | 1.90M | 2.91M |
| Other Long-Term Liabilities | 12.51M | 12.30M | 9.23M | 9.00M | 8.19M | 7.29M |
| Total Liabilities | 43.51M | 37.90M | 34.86M | 39.37M | 33.37M | 36.72M |
| Common Stock | 21.00K | 18.00K | 18.00K | 14.00K | 13.00K | 13.00K |
| Additional Paid-In Capital | 182.96M | 161.06M | 159.59M | 116.50M | 115.21M | 114.31M |
| Retained Earnings | -124.40M | -110.71M | -96.93M | -76.95M | -77.44M | -73.62M |
| Treasury Stock | -88.00K | -88.00K | -88.00K | -88.00K | -88.00K | -88.00K |
| Comprehensive Income & Other | -159.00K | -134.00K | -200.00K | -100.00K | -165.00K | -28.00K |
| Total Common Equity | 58.33M | 50.14M | 62.39M | 39.38M | 37.53M | 40.58M |
| Shareholders' Equity | 58.33M | 50.14M | 62.39M | 39.38M | 37.53M | 40.58M |
| Total Liabilities & Equity | 101.84M | 88.03M | 97.25M | 78.75M | 70.90M | 77.30M |
| Total Debt | 5.22M | 4.32M | 4.86M | 5.87M | 3.51M | 4.64M |
| Net Cash (Debt) | 15.28M | 7.45M | 24.11M | 1.64M | -1.65M | -205.00K |
| Net Cash Per Share | 0.81 | 0.40 | 1.60 | 0.12 | -0.12 | -0.02 |
| Filing Date Shares Outstanding | 21.22M | 18.55M | 18.38M | 13.67M | 13.36M | 13.23M |
| Total Common Shares Outstanding | 21.21M | 18.52M | 18.38M | 13.65M | 13.32M | 13.21M |
| Working Capital | 18.39M | 13.80M | 28.28M | 4.61M | 818.00K | 4.06M |
| Book Value Per Share | 2.75 | 2.71 | 3.39 | 2.89 | 2.82 | 3.07 |
| Tangible Book Value | 47.00M | 39.05M | 51.47M | 29.01M | 27.29M | 30.21M |
| Tangible Book Value Per Share | 2.22 | 2.11 | 2.80 | 2.13 | 2.05 | 2.29 |
| Buildings | 25.31M | 24.67M | 24.72M | 24.31M | 24.02M | 20.63M |
| Machinery | 30.69M | 28.85M | 24.99M | 24.37M | 22.98M | 23.89M |
| Construction In Progress | 6.52M | 4.00M | 2.95M | 1.01M | 727.00K | 3.00M |
| Leasehold Improvements | 8.00K | 8.00K | 8.00K | 8.00K | 23.00K | 23.00K |
| Order Backlog | 11.86M | 7.86M | 8.70M | 9.16M | 7.13M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -21.18M | -13.78M | -19.98M | 485.00K | -3.82M | 835.00K |
| Depreciation & Amortization | 1.86M | 1.76M | 1.76M | 2.57M | 2.11M | 1.69M |
| Other Amortization | 85.00K | 84.00K | 65.00K | 93.00K | 60.00K | 40.00K |
| Loss (Gain) From Sale of Assets | 7.00K | 1.00K | 21.00K | 77.00K | 18.00K | 1.06M |
| Stock-Based Compensation | 1.31M | 1.29M | 1.14M | 1.02M | 889.00K | 677.00K |
| Provision & Write-off of Bad Debts | -203.00K | 136.00K | 219.00K | 45.00K | -20.00K | 26.00K |
| Other Operating Activities | 2.96M | 3.12M | 4.86M | 367.00K | 215.00K | -8.98M |
| Change in Accounts Receivable | -4.57M | -3.58M | 1.37M | -2.77M | 4.96M | 3.72M |
| Change in Accounts Payable | 2.48M | -1.66M | -6.67M | 665.00K | -6.27M | -6.55M |
| Change in Other Net Operating Assets | 1.60M | 2.31M | 3.07M | 4.52M | 2.02M | 1.17M |
| Operating Cash Flow | -16.05M | -10.75M | -14.74M | 6.47M | -553.00K | -6.84M |
| Capital Expenditures | -5.62M | -4.71M | -3.40M | -1.71M | -1.02M | -1.58M |
| Sale of Property, Plant & Equipment | -5.00K | 28.00K | 1.00K | 26.00K | 17.00K | |
| Divestitures | -4.00K | |||||
| Sale (Purchase) of Intangibles | -418.00K | -217.00K | -675.00K | -324.00K | ||
| Other Investing Activities | -83.00K | -54.00K | -51.00K | |||
| Investing Cash Flow | -6.12M | -4.95M | -4.13M | -2.04M | -997.00K | -1.56M |
| Short-Term Debt Issued | 77.85M | 98.66M | 90.26M | 73.32M | 74.99M | |
| Long-Term Debt Issued | 2.50M | 524.00K | ||||
| Total Debt Issued | 100.98M | 77.85M | 98.66M | 92.76M | 73.85M | 74.99M |
| Short-Term Debt Repaid | -77.85M | -98.66M | -90.26M | -73.32M | -74.99M | |
| Long-Term Debt Repaid | -939.00K | -1.12M | -898.00K | -1.36M | -774.00K | |
| Total Debt Repaid | -101.98M | -78.79M | -99.78M | -91.15M | -74.68M | -75.76M |
| Net Debt Issued (Repaid) | -999.00K | -939.00K | -1.12M | 1.60M | -838.00K | -774.00K |
| Issuance of Common Stock | 21.57M | 172.00K | 42.15M | 269.00K | 13.00K | 5.76M |
| Other Financing Activities | -214.00K | -73.00K | -175.00K | -96.00K | -48.00K | |
| Financing Cash Flow | 20.57M | -981.00K | 40.95M | 1.70M | -921.00K | 4.94M |
| Foreign Exchange Rate Adjustments | 11.00K | 13.00K | -1.00K | 8.00K | -4.00K | -1.00K |
| Net Cash Flow | -1.59M | -16.67M | 22.08M | 6.14M | -2.48M | -3.46M |
| Free Cash Flow | -21.67M | -15.46M | -18.15M | 4.76M | -1.58M | -8.41M |
| Free Cash Flow Margin | -37.90% | -25.07% | -30.70% | 5.30% | -2.23% | -11.65% |
| Free Cash Flow Per Share | -1.15 | -0.84 | -1.20 | 0.35 | -0.12 | -0.66 |
| Levered Free Cash Flow | -14.27M | -12.15M | -13.17M | 3.35M | -720.38K | -4.44M |
| Unlevered Free Cash Flow | -14.23M | -12.04M | -12.90M | 3.52M | -632.88K | -4.30M |
| Cash Interest Paid | 136.00K | 233.00K | 478.00K | 308.00K | 173.00K | 230.00K |
| Cash Income Tax Paid | 53.00K | 6.00K | 47.00K | |||
| Change in Working Capital | -485.00K | -2.92M | -2.23M | 2.41M | 709.00K | -1.67M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 264.17M | 233.14M | 199.70M | 107.00M | 47.04M | 83.60M |
| Enterprise Value | 248.89M | 220.84M | 194.29M | 110.81M | 48.94M | 79.17M |
| Last Close Price | 12.45 | 12.59 | 11.07 | 7.86 | 3.53 | 6.33 |
| PE Ratio | 220.62 | 100.12 | ||||
| Forward PE | 41.68 | 41.68 | 27.10 | 15.08 | 15.08 | |
| PS Ratio | 4.62 | 3.78 | 3.38 | 1.19 | 0.67 | 1.16 |
| PB Ratio | 4.53 | 4.65 | 3.20 | 2.72 | 1.25 | 2.06 |
| P/TBV Ratio | 5.62 | 5.97 | 3.88 | 3.69 | 1.72 | 2.77 |
| P/FCF Ratio | 22.49 | |||||
| P/OCF Ratio | 16.53 | |||||
| PEG Ratio | 102.75 | 102.75 | 102.75 | 102.75 | 102.75 | |
| EV/Sales Ratio | 4.35 | 3.58 | 3.29 | 1.24 | 0.69 | 1.10 |
| EV/EBITDA Ratio | 32.58 | |||||
| EV/EBIT Ratio | 133.03 | |||||
| EV/FCF Ratio | 23.29 | |||||
| Debt / Equity Ratio | 0.09 | 0.09 | 0.08 | 0.15 | 0.09 | 0.11 |
| Debt / EBITDA Ratio | 1.46 | |||||
| Debt / FCF Ratio | 1.23 | |||||
| Net Debt / Equity Ratio | -0.26 | -0.15 | -0.39 | -0.04 | 0.04 | 0.01 |
| Net Debt / EBITDA Ratio | 0.89 | 0.75 | 1.74 | -0.48 | -0.50 | -0.04 |
| Net Debt / FCF Ratio | 0.70 | 0.48 | 1.33 | -0.34 | -1.04 | -0.02 |
| Asset Turnover | 0.59 | 0.67 | 0.67 | 1.20 | 0.95 | 0.92 |
| Inventory Turnover | 30.12 | 38.24 | 47.20 | 74.52 | 81.65 | 101.34 |
| Quick Ratio | 1.47 | 1.41 | 2.08 | 0.99 | 0.76 | 0.96 |
| Current Ratio | 1.67 | 1.61 | 2.29 | 1.18 | 1.04 | 1.16 |
| Return on Equity (ROE) | -31.64% | -18.95% | -38.46% | 2.39% | -8.22% | 2.99% |
| Return on Assets (ROA) | -12.42% | -7.92% | -11.12% | 0.70% | -4.54% | -5.42% |
| Return on Invested Capital (ROIC) | -45.73% | -28.98% | -41.20% | 2.13% | -13.45% | -17.91% |
| Return on Capital Employed (ROCE) | -25.60% | -17.90% | -20.80% | 1.60% | -11.20% | -13.20% |
| Earnings Yield | -9.04% | -5.91% | -10.01% | 0.45% | -8.11% | 1.00% |
| FCF Yield | -8.20% | -6.63% | -9.09% | 4.45% | -3.35% | -10.06% |
| Buyback Yield / Dilution | -9.41% | -22.50% | -9.70% | -3.46% | -4.79% | -2.64% |