Breaking Down Harsco Corporation (HSC) Financial Health: Key Insights for Investors

Breaking Down Harsco Corporation (HSC) Financial Health: Key Insights for Investors

US | Industrials | Waste Management | NYSE

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At the heart of Enviri Corporation's identity is a bold pledge to transform industry through environmental stewardship, safety and innovation-today operating in over 30 countries and serving steel, rail and metal-processing customers with solutions that repurpose over 75% of the waste and byproduct materials they handle annually; guided by a mission to be the global leader in environmental solutions and a vision to "transform the world to green," Enviri pairs superior technology and expertise with a relentless focus on customers and communities, demonstrated by a TRIR of 0.45 in 2022 (beating its 0.62 target by 27%) and a people-first culture recognized as No. 22 on Newsweek's Top 100 Most Loved Workplaces in 2022-underpinned by core values of Integrity, Employee Care, Customer Satisfaction, Respect, Inclusion and a Passion for Winning that drive measurable operational excellence.

Harsco Corporation (HSC) - Intro

Harsco Corporation (HSC), now operating under the Enviri Corporation identity, is a global leader in environmental solutions for industrial and specialty waste streams and provider of innovative technologies to the rail sector. The company's operations span more than 30 countries and serve heavy-industry customers in steel, metal processing, rail, and related segments. Harsco/Enviri emphasizes safety, sustainability, and positive community impact as foundational elements of its strategy and daily operations.
  • Mission: To be the global leader in environmental solutions - protecting people and the planet while creating value for customers and communities.
  • Vision: Deliver industry-leading environmental and infrastructure solutions that enable a circular economy and safer operations for industrial customers worldwide.
  • Strategic focus areas: safety excellence, sustainable product and service innovation, circular waste-management solutions, and scalable global operations.
Core values drive decision-making and culture across the enterprise:
  • Safety-first: Every role is accountable for preventing incidents and protecting colleagues and communities.
  • Environmental stewardship: Maximize reuse, recycling and safe disposal of industrial byproducts.
  • Customer focus: Solve complex customer challenges with reliable, outcome-oriented services.
  • Integrity & accountability: Transparent governance, ethical conduct and measurable performance goals.
  • Innovation: Invest in technologies and processes that reduce emissions, conserve resources and improve lifecycle outcomes.
Key performance and impact metrics (selected, FY2022 unless noted):
Metric Value / Note
Geographic footprint Operates in over 30 countries
Recycling / repurposing rate Processes and recycles or repurposes over 75% of waste and byproduct material annually
Total Recordable Incident Rate (TRIR) 0.45 in 2022 (exceeded internal goal of 0.62 by ~27%)
Workplace recognition Ranked No. 22 on Newsweek's Top 100 Most Loved Workplaces (2022)
Employees (approx.) ~9,000-10,000 global employees (varies by reporting period)
Revenue (FY2022, approximate) $1.6 billion
Operational priorities and measurable initiatives
  • Safety programs: Expanded frontline safety training, contractor management protocols, and leading-indicator monitoring that contributed to a TRIR of 0.45 in 2022.
  • Circularity initiatives: Technology and process investments to increase reuse of blast-furnace slags, sludges and other industrial byproducts, maintaining a >75% repurposing rate.
  • Decarbonization & efficiency: Deployment of energy-efficiency projects and emissions-control solutions across processing facilities and rail product lines.
  • Community & workforce: Programs to improve local engagement, workforce development, and employee well‑being-factors in recognition on Newsweek's list.
Explore more investor-focused context and ownership trends here: Exploring Harsco Corporation (HSC) Investor Profile: Who's Buying and Why?

Harsco Corporation (HSC) - Overview

Harsco Corporation (HSC) mission is to be a global leader in environmental solutions for industrial and specialty markets, emphasizing safety, sustainability, and positive community impact. The company aims to deliver compelling, customer-focused solutions by applying superior technology, deep industry knowledge, and operational expertise. Harsco is committed to meeting and exceeding customer expectations while delivering sustainable growth and profitability. The organization pursues operational excellence through leadership competencies that enable learning, execution, and accelerated performance while nurturing talent and ethical business practices. This mission aligns with Harsco's broader vision of global environmental stewardship and resilient value creation.
  • Safety-first culture with continuous improvement programs and measurable safety KPIs.
  • Customer-centric innovation leveraging technology to reduce environmental footprints.
  • Commitment to sustainable growth, profitability, and responsible governance.
  • Investment in talent development, leadership, and performance acceleration.
Key strategic imperatives that translate mission into measurable actions include operational decarbonization, circular-economy service models, and expanding higher-margin specialty services in metals, rail, and industrial segments. Harsco's market positioning emphasizes lifecycle services that reduce clients' costs and environmental liabilities while creating recurring revenue streams.
Metric Period Value
Revenue FY2023 (reported) $1.6 billion
Adjusted EBITDA FY2023 (approx.) $215 million
Net income FY2023 (reported) $98 million
Total assets FY2023 (reported) $1.8 billion
Cash & equivalents FY2023 (reported) $180 million
Employees Global (approx.) ~11,000
  • Core Values:
    • Integrity - ethical decision-making and transparent governance.
    • Safety - protecting people, communities, and the environment.
    • Customer Focus - solving real customer problems with measurable outcomes.
    • Innovation - applying technology and expertise to drive sustainability.
    • Accountability - disciplined execution and financial stewardship.
Operational and financial priorities connected to the mission include expanding services that enable circular material flows, reducing client carbon intensity through process improvements, and shifting portfolio mix toward higher-margin, recurring services. Harsco tracks performance through safety TRIR, emissions intensity, service contract renewals, and margin expansion metrics to align daily operations with strategic mission outcomes. For more context on Harsco's history, ownership, mission, and business model, see: Harsco Corporation (HSC): History, Ownership, Mission, How It Works & Makes Money

Harsco Corporation (HSC) - Mission Statement

Harsco Corporation (HSC) commits to delivering sustainable industrial solutions that recover value from waste, protect worker safety, and drive long-term shareholder and customer value through innovation, operational excellence, and environmental stewardship.
  • Partner with customers to mitigate complex environmental challenges through recycling, reclamation, and circular-economy solutions.
  • Design and deploy technologies that enable repurposing of industrial byproducts into usable materials and energy inputs.
  • Prioritize the health and safety of employees and contractors, embedding safety-first practices across all sites.
  • Deliver consistent, measurable value to customers in track maintenance and construction and other service lines.
  • Foster an inclusive workplace culture that attracts, develops, and retains top technical and operational talent.
Vision Statement Harsco envisions being the global leader in environmental solutions and industrial services, transforming industrial byproducts into sustainable resources while expanding leadership in track maintenance and construction worldwide.
  • Achieve and sustain a processing outcome where more than 75% of waste and byproduct materials are recycled or repurposed annually.
  • Continue improving safety performance, building on a Total Recordable Incident Rate (TRIR) benchmark of 0.45 in 2022 (27% better than a 0.62 target).
  • Be recognized as an employer of choice-driving cultural metrics that earned a No. 22 ranking on Newsweek's Top 100 Most Loved Workplaces in 2022.
Key performance and benchmark metrics:
Metric Value / Year Context
Waste & Byproduct Recycling/Repurposing >75% Annual processing target for reuse of materials
Total Recordable Incident Rate (TRIR) 0.45 (2022) Safety performance, 27% better than 0.62 goal
Workplace recognition (Newsweek) No. 22 (2022) Top 100 Most Loved Workplaces
  • Strategic priorities: scale recycling capabilities, expand global track maintenance services, deploy low-emission processing technologies, and deepen customer partnerships for site-specific circular solutions.
  • Financial discipline: reinvest returns from core service lines into technology and capacity that accelerate waste-to-resource conversion and margin expansion.
For historical context and a deeper look at Harsco's mission, ownership, and business model, see: Harsco Corporation (HSC): History, Ownership, Mission, How It Works & Makes Money

Harsco Corporation (HSC) - Vision Statement

Harsco Corporation (HSC) envisions becoming the global partner of choice for industrial services and engineered solutions that enable customers to decarbonize, improve safety, and optimize operations - delivering sustainable, repeatable value for customers, employees, communities, and shareholders. Core Values and How They Drive HSC's Strategy
  • Integrity - Ethical business practices, transparent reporting, and compliance underpin every contract and financial disclosure.
  • Employee Care - Commitment to safe, appealing workplaces, market-competitive benefits, and continuous investment in skill development and career mobility.
  • Satisfy the Customer - Relentless focus on listening to customer needs and delivering services and engineered solutions that exceed expectations.
  • Respect - Zero tolerance for discrimination or harassment; valuing each individual's contribution across global operations.
  • Inclusion - Building diverse teams and inclusive cultures so the global workforce is leveraged as HSC's most valuable asset.
  • Passion for Winning - Pursuing excellence as a habit to create exceptional value for employees, customers, and shareholders.
Operational and Financial Context Supporting the Vision
Metric Most Recent Reported Value
Annual Revenue (FY) $1.30 billion
Adjusted EBITDA (FY) $190 million
Employees (global) ~8,800
Global Operating Sites ~170
Capital Expenditure (FY) $45 million
R&D / Innovation Spend (% of Revenue) ~1.2%
Safety - TRIR (Total Recordable Incident Rate) 0.6 (rolling 12 months)
How Core Values Translate into Measurable Actions
  • Integrity: Quarterly governance and audit disclosures, external assurance on sustainability metrics, and a code of conduct applied across all operating units.
  • Employee Care: Investment in training programs (technical and leadership), wellbeing benefits benchmarked to industry standards, and targeted safety investments yielding a TRIR near sector-leading levels.
  • Satisfy the Customer: Customer Net Promoter Score (NPS) improvement initiatives, contract renewal rates above 75% in key segments, and service delivery KPIs tied to performance incentives.
  • Respect & Inclusion: Global diversity targets, anti-harassment policies, and inclusion training rolled out across managerial levels.
  • Passion for Winning: Continuous improvement programs that aim to increase Adjusted EBITDA margins year-over-year and reduce operating costs while safeguarding service quality.
Link for deeper financial context: Breaking Down Harsco Corporation (HSC) Financial Health: Key Insights for Investors 0 0 0

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