This study investigates the financial dynamics of 182 manufacturing companies listed on the Indonesia Stock Exchange from 2019 to 2022, during the COVID-19 pandemic. Using a quantitative approach with SPSS for regression analysis, the study examines the impact of capital structure, dividend policy, firm growth, profitability, and investment decisions on firm value. The results indicate that while capital structure and dividend policy do not significantly affect firm value, firm growth, profitability, and investment decisions do exert a differential influence. Environmental performance moderates the impact of growth and profitability on firm value but does not significantly affect relationships involving capital structure, dividend policy, or investment decisions. The research highlights the importance of sustainable practices in improving financial performance and firm value, especially in the context of global crises like the COVID-19 pandemic. The findings contribute to the growing body of financial analysis by incorporating environmental considerations as a moderating factor.This study investigates the financial dynamics of 182 manufacturing companies listed on the Indonesia Stock Exchange from 2019 to 2022, during the COVID-19 pandemic. Using a quantitative approach with SPSS for regression analysis, the study examines the impact of capital structure, dividend policy, firm growth, profitability, and investment decisions on firm value. The results indicate that while capital structure and dividend policy do not significantly affect firm value, firm growth, profitability, and investment decisions do exert a differential influence. Environmental performance moderates the impact of growth and profitability on firm value but does not significantly affect relationships involving capital structure, dividend policy, or investment decisions. The research highlights the importance of sustainable practices in improving financial performance and firm value, especially in the context of global crises like the COVID-19 pandemic. The findings contribute to the growing body of financial analysis by incorporating environmental considerations as a moderating factor.