PESI Nasdaq Hazardous Waste Management Financials FY2016βFY2025
Perma Fix Environmental Services Inc had $0.6M of revenue in fiscal 2025, down 98.9% on the year before. Over five years, revenue changed β63.3% a year on average.
Last close Β· Oct 23, 2026
$12.13
1.5%Hi! I read Perma Fix Environmental Services Incβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β98.9%
No. Sales fell 98.9% last year.
Does it make a profit?
β2,147.0%
No. It lost money last year.
Does profit turn into cash?
β2,408.1%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Perma Fix Environmental Services Inc had $0.6M of revenue in fiscal 2025, down 98.9% on the year before. Over five years, revenue changed β63.3% a year on average. Its operating margin was β1,827.9%, down 1,801.4Β pts: of every 100 in sales, about β1,828 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Perma Fix Environmental Services Inc lost $13.8M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$15.5M in fiscal 2025, β2,408.1% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Perma Fix Environmental Services Inc has $9.0M more cash than debt.
Cash, debt and the ratios that show how comfortably Perma Fix Environmental Services Inc can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $4.4M | $1.9M | $7.5M | $29.0M | $11.8M |
| Debt incl. finance leases | $2.2M | $1.5M | $3.8M | $3.1M | $2.8M |
| Net debt / EBITDA | β | β | β1.1x | β | β |
| Debt / equity | 0.0x | 0.0x | 0.1x | 0.0x | 0.0x |
| Interest coverage | β27.4x | β30.8x | 2.3x | β33.2x | β25.5x |
| Current ratio | 1.2x | 1.0x | 1.2x | 2.3x | 1.6x |
| Quick ratio | 1.1x | 1.0x | 1.1x | 2.2x | 1.5x |
| Total assets | $77.3M | $70.9M | $78.7M | $97.2M | $88.0M |
| Total liabilities | $36.7M | $33.4M | $39.4M | $34.9M | $37.9M |
| Shareholders' equity | $40.6M | $37.5M | $39.4M | $62.4M | $50.1M |
| Net debt (β = net cash) | β$2.2M | β$0.4M | β$3.7M | β$25.9M | β$9.0M |
KIRA Β· Its return on capital was β23.0%: every 100 invested in the business earned about β23 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Perma Fix Environmental Services Inc passes 4 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 6 / 9 | 5 / 9 | 6 / 9 | 6 / 9 | 3 / 9 | 3 / 9 | 7 / 9 | 3 / 9 | 4 / 9 |
| Accruals ratio | β20.7% | β6.6% | β5.8% | 11.3% | β6.2% | 9.8% | β4.4% | β8.0% | β6.0% | β3.3% |
| Altman Z'' | β4.54 | β4.09 | β4.79 | β2.62 | β1.71 | β2.19 | β2.82 | β1.69 | β0.55 | β2.58 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $4.4M | $6.3M | $35.9M | $60.0M | $96.6M | $60.8M | $60.0M | $89.7M | $59.1M | $0.6M |
| Provision for credit losses | β | β | β | β | β | β | β | $0.0M | $0.2M | $0.1M |
| Gross profit | $7.1M | $8.6M | $8.5M | $15.6M | $15.9M | $6.8M | $9.6M | $16.4M | $0.0M | $6.0M |
| Research and development | $2.0M | $1.6M | $1.4M | $0.8M | $0.8M | $0.7M | $0.3M | $0.6M | $1.2M | $1.3M |
| Operating income | β$15.8M | β$4.7M | β$3.6M | $3.0M | $3.3M | β$6.8M | β$5.4M | $0.8M | β$15.7M | β$11.7M |
| Interest expense | $0.5M | $0.3M | $0.3M | $0.4M | $0.4M | $0.2M | $0.2M | $0.3M | $0.5M | $0.5M |
| Pretax income | β$16.3M | β$4.8M | β$2.0M | $2.9M | $3.0M | β$2.8M | β$3.6M | $0.9M | β$15.1M | β$10.7M |
| Income tax | β$3.0M | $1.3M | β$0.9M | $0.2M | β$0.2M | β$3.9M | β$0.4M | $0.0M | $4.4M | β |
| Net income | β$13.4M | β$3.7M | β$1.4M | $2.3M | $2.9M | $0.8M | β$3.8M | $0.5M | β$20.0M | β$13.8M |
| Diluted EPS | β$1.15 | β$0.31 | β$0.12 | $0.19 | $0.23 | $0.07 | β$0.29 | $0.04 | β$1.33 | β$0.75 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B |
| Cash flow | ||||||||||
| Cash from operations | $0.1M | $0.4M | $2.0M | β$4.7M | $7.4M | β$6.8M | β$0.6M | $6.5M | β$14.7M | β$10.8M |
| Capital expenditure | $0.4M | $0.4M | $1.4M | $1.5M | $1.7M | $1.6M | $1.0M | $1.7M | $3.4M | $4.7M |
| Free cash flow | β$0.3M | $0.0M | $0.5M | β$6.2M | $5.7M | β$8.4M | β$1.6M | $4.8M | β$18.1M | β$15.5M |
| Depreciation and amortization | $4.2M | $3.8M | $1.5M | $1.3M | $1.6M | $1.7M | $2.1M | $2.6M | $1.8M | $1.8M |
| Stock-based compensation | $0.1M | $0.1M | $0.2M | $0.2M | $0.2M | $0.3M | $0.4M | $0.5M | $0.7M | $0.8M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.2M | $1.1M | $0.8M | $0.4M | $7.9M | $4.4M | $1.9M | $7.5M | $29.0M | $11.8M |
| Total debt | $8.8M | $3.8M | $3.3M | $3.9M | $6.7M | $1.0M | $1.0M | $2.7M | $2.3M | $1.9M |
| Finance lease liabilities | β | β | β | $0.9M | $1.2M | $1.2M | $0.5M | $1.1M | $0.8M | $0.9M |
| Current assets | $14.6M | $17.3M | $14.8M | $25.1M | $36.6M | $30.0M | $23.5M | $30.6M | $50.2M | $36.4M |
| Current liabilities | $16.7M | $19.6M | $21.5M | $25.1M | $33.0M | $25.9M | $22.7M | $25.9M | $21.9M | $22.6M |
| Inventory | $0.4M | $0.4M | $0.4M | $0.5M | $0.6M | $0.7M | $0.8M | $1.2M | $1.4M | $1.6M |
| Property and equipment, net | $17.1M | $14.9M | $15.7M | $16.6M | $17.8M | $18.6M | $19.0M | $19.0M | $21.1M | $24.6M |
| Intangible assets | $8.5M | $8.4M | $8.4M | $8.8M | $8.9M | $0.9M | $0.6M | β | β | $0.4M |
| Total assets | $65.3M | $59.5M | $57.4M | $66.5M | $78.9M | $77.3M | $70.9M | $78.7M | $97.2M | $88.0M |
| Total liabilities | $33.2M | $31.1M | $31.3M | $37.3M | $46.5M | $36.7M | $33.4M | $39.4M | $34.9M | $37.9M |
| Preferred stock | $0.0M | β | β | β | β | β | β | β | β | β |
| Shareholders' equity | $31.6M | $28.3M | $27.6M | $30.9M | $34.2M | $40.6M | $37.5M | $39.4M | $62.4M | $50.1M |
| Margins | ||||||||||
| Gross margin | 160.3% | 136.6% | 23.5% | 26.0% | 16.5% | 11.2% | 16.0% | 18.2% | 0.0% | 930.4% |
| Operating margin | β357.4% | β75.0% | β10.0% | 4.9% | 3.4% | β11.1% | β9.0% | 0.8% | β26.5% | β1,827.9% |
| EBITDA margin | β263.1% | β14.8% | β6.0% | 7.2% | 5.1% | β8.4% | β5.5% | 3.7% | β23.5% | β1,553.9% |
| Net margin | β303.3% | β58.3% | β4.0% | 3.9% | 3.0% | 1.4% | β6.4% | 0.5% | β33.8% | β2,147.0% |
| FCF margin | β7.5% | 0.0% | 1.5% | β10.4% | 5.9% | β13.8% | β2.6% | 5.3% | β30.7% | β2,408.1% |
| Returns | ||||||||||
| Return on capital | β31.0% | β12.0% | β9.5% | 8.2% | 10.1% | β14.4% | β11.6% | 2.1% | β34.7% | β23.0% |
| Return on capital employed | β32.5% | β11.9% | β10.0% | 7.2% | 7.2% | β13.2% | β11.2% | 1.4% | β20.8% | β17.9% |
| Return on equity | β42.4% | β12.3% | β5.1% | 7.9% | 8.8% | 2.2% | β9.8% | 1.3% | β39.3% | β24.5% |
| Return on assets | β20.5% | β5.9% | β2.4% | 3.7% | 3.9% | 1.1% | β5.1% | 0.6% | β22.7% | β14.9% |
| Return on tangible equity | β58.0% | β18.5% | β7.4% | 10.5% | 11.3% | 2.1% | β10.3% | 1.2% | β32.0% | β27.7% |
| Growth | ||||||||||
| Revenue growth | β | 42.8% | 469.5% | 66.9% | 61.0% | β37.0% | β1.3% | 49.5% | β34.1% | β98.9% |
| Net income growth | β | β | β | β | 23.5% | β70.8% | β557.0% | β | β4,219.4% | β |
| EPS growth | β | β | β | β | 21.1% | β69.6% | β514.3% | β | β3,425.0% | β |
| FCF growth | β | β | 17,500.0% | β1,277.7% | β | β248.8% | β | β | β481.4% | β |
| Share count change | β | 0.8% | 1.3% | β99.9% | 1.7% | 102,932.5% | 4.8% | 3.5% | 9.7% | 22.5% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β | β | 1.0x | β0.0x | β | β | β1.1x | β | β |
| Debt / equity | 0.3x | 0.1x | 0.1x | 0.1x | 0.2x | 0.0x | 0.0x | 0.1x | 0.0x | 0.0x |
| Interest coverage | β32.3x | β15.0x | β14.4x | 6.9x | 8.4x | β27.4x | β30.8x | 2.3x | β33.2x | β25.5x |
| Current ratio | 0.9x | 0.9x | 0.7x | 1.0x | 1.1x | 1.2x | 1.0x | 1.2x | 2.3x | 1.6x |
| Quick ratio | 0.9x | 0.9x | 0.7x | 1.0x | 1.1x | 1.1x | 1.0x | 1.1x | 2.2x | 1.5x |
| Capital allocation | ||||||||||
| Capex / revenue | 9.9% | 7.0% | 4.0% | 2.6% | 1.8% | 2.6% | 1.7% | 1.9% | 5.8% | 733.3% |
| Stock comp / revenue | 2.2% | 2.0% | 0.6% | 0.3% | 0.2% | 0.4% | 0.7% | 0.6% | 1.1% | 127.4% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 6.0 | 5.0 | 6.0 | 6.0 | 3.0 | 3.0 | 7.0 | 3.0 | 4.0 |
| Altman Z'' | β4.5 | β4.1 | β4.8 | β2.6 | β1.7 | β2.2 | β2.8 | β1.7 | β0.5 | β2.6 |
| Accruals ratio | β20.7% | β6.6% | β5.8% | 11.3% | β6.2% | 9.8% | β4.4% | β8.0% | β6.0% | β3.3% |
Source: SEC EDGAR XBRL filings (CIK 0000891532). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
