PESINasdaqHazardous Waste ManagementUS GAAP · USD

Perma-Fix Environmental Services, Inc

Perma-Fix Environmental Services is a U.S.-based hazardous waste management company that provides treatment, storage, disposal, and related environmental services. Its operations include treatment of radioactive, mixed, hazardous, and non-hazardous wastes, along with technical and nuclear services for government and commercial customers.

Liikevaihto61,7milj. USD
+4,3 %v/v
Liikevoitto (EBIT)−11,7milj. USD
+25,2 %v/v
EBIT-marginaali−19,0%
+7,5 %-yks.v/v
Nettotulos−13,8milj. USD
+31,0 %v/v
Vapaa kassavirta−15,5milj. USD
+14,8 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−250255075100125milj. USD2020: 105 milj. USD2020: EBIT 3,3 milj. USD20202021: 72 milj. USD2021: EBIT −6,8 milj. USD20212022: 71 milj. USD2022: EBIT −5,4 milj. USD20222023: 90 milj. USD2023: EBIT 0,76 milj. USD20232024: 59 milj. USD2024: EBIT −16 milj. USD20242025: 62 milj. USD2025: EBIT −12 milj. USD202562−12
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Treatment73 %

Treatment of government, hazardous/non-hazardous, and other nuclear waste streams.

Services27 %

Project-based nuclear and technical services, including remediation and support work.

Asiakkaat

The company serves federal government agencies directly and indirectly through subcontracting relationships, which are central to its waste treatment and services work. It also serves international and commercial customers that generate hazardous, mixed, or nuclear-related waste streams and need compliant treatment or project support. Customer demand is driven by regulatory requirements, cleanup schedules, and the need to safely manage specialized waste that cannot be handled by ordinary disposal channels.

Federal government clients

Buy treatment and services for government-generated waste and cleanup projects; this is core because contracts and funding drive volume.

Government contractors and subcontractors

Use Perma-Fix as a specialist on federal remediation and nuclear projects where compliance and disposal capability matter.

International waste customers

Buy treatment services for foreign waste receipts and PFAS-related work as the company expands beyond the U.S. market.

Commercial hazardous waste generators

Purchase treatment and disposal services for regulated waste streams that require licensed handling and destruction.

Strategia

Perma-Fix is focused on expanding waste treatment capacity, advancing its PFAS destruction technology, and winning larger cleanup-related project work. It is also pursuing international opportunities and major federal remediation programs, while aligning capital spending and operating costs with contract visibility and waste receipts.

Scale PFAS treatment systemsLyhyt aikaväli

Higher-capacity systems can increase throughput and broaden the addressable waste stream.

Win and execute federal remediation projectsKeskipitkä aikaväli

Large government cleanup contracts can provide multi-year revenue visibility and facility utilization.

Expand international initiativesKeskipitkä aikaväli

International waste receipts diversify demand away from U.S. federal funding cycles.

Maantiede

2025

Perma-Fix is headquartered in the United States and operates treatment and services facilities tied to federal cleanup and waste management work. Its business is concentrated in U.S. government-related markets, but the company also discloses international initiatives and foreign waste receipts, which broaden its customer base beyond domestic federal programs. Geography matters because facility location, permitting, and proximity to cleanup sites affect contract execution, while international work adds a separate source of demand.

USA90 %
Kanada4,6 %
Mexico3,5 %
Saksa1,3 %
Italia0,6 %
UK0,4 %
Slovenia0,2 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business is exposed to federal funding cycles, contract termination rights, and project timing risk because a large share of revenue comes from government-related customers. It also faces environmental, regulatory, and remediation liabilities inherent in hazardous waste handling, along with execution risk on new PFAS technology and large cleanup projects.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Federal government funding and shutdown exposure1Customer concentration2Project execution and backlog variability4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Federal government funding and shutdown exposureVaikutus: KorkeaTodennäköisyys: Korkea

    A large portion of revenue is tied to government clients and procurement timing.

    Kohdistuu: Waste shipments and project awards can be delayed or cancelled.

  2. Customer concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    Federal clients represent the majority of revenue in reported periods.

    Kohdistuu: Loss or reduction of a few contracts could materially affect operations.

  3. Environmental and regulatory liabilityVaikutus: Korkea

    Hazardous waste treatment requires strict compliance and can create remediation obligations.

    KohdistuuFinesSite cleanup costsPRP claimsFacility remediation
  4. Project execution and backlog variabilityVaikutus: KeskitasoTodennäköisyys: Korkea

    Services revenue depends on project scope, timing, and completion.

    Kohdistuu: Quarterly revenue can swing with procurement and project starts.

  5. Technology and scale-up risk in PFAS systemsVaikutus: Keskitaso

    New treatment systems must move from prototype to reliable commercial operation.

    Kohdistuu: Capital spending may not translate into expected throughput or revenue.

Kysy Clarifolta: Perma-Fix Environmental Services, Inc

Kirjanpito

Harkinnanvaraiset erät
Revenue timing for project-based services

Services revenue depends on scope, duration, and completion, which can make quarterly comparisons uneven.

Vaikutus: Reported revenue can move materially with project starts and completions.

Environmental remediation liabilities

The company carries accrued liabilities for contaminated site remediation and may need to revise estimates.

Vaikutus: Changes flow through operating expenses and balance sheet reserves.

Closure and post-closure financial assurance

Treatment facilities require long-term closure support and financial assurance arrangements.

Vaikutus: Affects contingent obligations and liquidity planning.

Capital expenditures for PFAS systems

New treatment units and upgrades are capitalized and then depreciated over time.

Vaikutus: Influences cash flow, depreciation expense, and future capacity.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026