OverviewSuggest Edit
Covanta Holding Corporation is a company that provides waste and energy services through its subsidiaries. It owns and operates infrastructure for the conversion of waste to energy. The company produces energy through the combustion of non-hazardous municipal solid waste in specially-designed power plants.
| Type | Public | |
| Founded | 1992 | |
| HQ | Morristown, NJ, US | Map |
| Website | covanta.com | |
| Employee Ratings | More | |
| Overall Culture | C- | More |
Recent NewsAll News
- SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Covanta Holding Corp. - CVA
- Thinking about buying stock in Covanta, Vertex Energy, OncoSec Medical, Energous Corp, or Beam Therapeutics?
- UPDATE: EQT Infrastructure to buy Covanta for $20.25 a share in cash or $5.3 billion
- Industry Thought Leaders from Waste Management, Covanta and Harvard to Discuss Building a Sustainable Future at Waste360’s Sustainability Talks
Key People/Management at Covanta
Michael W. Ranger
Brad Helgeson
Derek W. Veenhof
Timothy J. Simpson
Matthew Mulcahy
Tom Kenyon
Covanta Office Locations
Covanta Financials and Metrics
Covanta Revenue
| USD | |
|---|---|
Revenue (FY, 2020) | 1.9b |
Revenue growth (FY, 2019 - FY, 2020), % | 1.8% |
Gross profit (FY, 2020) | 484.0m |
Gross profit margin (FY, 2020), % | 25.4% |
Net income (FY, 2020) | (28.0m) |
EBIT (FY, 2020) | 69.0m |
Market capitalization (8-Sept-2021) | 2.7b |
Closing stock price (8-Sept-2021) | 20.0 |
Cash (31-Dec-2020) | 55.0m |
EV | 5.2b |
| USD | FY, 2018 |
|---|---|
EV/EBIT | 66.6 x |
EV/CFO | 17.6 x |
Revenue/Employee | 467.0k |
Debt/Equity | 5.1 x |
Debt/Assets | 0.6 x |
Financial Leverage | 7.9 x |
P/E Ratio | 11.7 |
Covanta Operating Metrics
| FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Waste Handled, tonnes | 19.4 m | 4.56 m | 4.76 m | 4.68 m | 4.66 m | 18.7 m | 4.84 m | 5.07 m | 5.08 m | 5.55 m | 20.54 m | 5.2 m | 5.41 m |
Average Revenue per Ton of Waste | $47.83 | $54.11 | $57.13 | $57.03 | $60.06 | $57.11 | $56.2 | $56.68 | $57.13 | $56.78 | $56.7 | $57.66 | $59.66 |
Electricity Sold, GWh | 5.8 | 1.42 | 1.43 | 1.49 | 1.63 | 6 | 1.6 | 1.62 | 1.62 | 1.67 | 6.52 | 1.56 | 1.57 |
Average Revenue per MWh of Electricity Sold | $53.17 | $53.76 | $44.83 | $45.83 | $48.69 | $48.26 | $54.56 | $39.28 | $41.48 | $43.58 | $44.68 | $51.74 | $37.19 |
Covanta Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Chief Industrial Services | January 19, 2016 | |
| Chesapeake Waste Solutions, Inc. | September 30, 2015 | |
| Waste Recovery Solutions, LLC | September 30, 2015 | |
| Advanced Waste Services | May 21, 2015 | |
| 35 Industrial, Inc. | ||
| Advanced Waste Services of Indiana, LLC | ||
| Camden County Energy Recovery Associates, L.P. | ||
| Covanta 4Recovery Philadelphia LLC | ||
| Covanta 4Recovery Transfer Systems LLC | ||
| Covanta Abington Transfer Solutions LLC |
Covanta Revenue Breakdown
Covanta revenue breakdown by business segment: 18.8% from Energy, 74.2% from Waste and Service and 7.1% from Other
Covanta revenue breakdown by geographic segment: 96.2% from United States and 3.8% from Other
Covanta Cybersecurity Score
Covanta Online and Social Media Presence
5.69k Twitter followers
Covanta has 5.69k Twitter Followers. The number of followers has increased 0.1% month over month and decreased 0.1% quarter over quarter
Covanta's Trends
Twitter Engagement Stats for @Covanta
4.4k
Tweets
2.4k
Following
5.7k
Followers
16
Tweets last 30 days
1.5
Avg. likes per Tweet
93.8%
Tweets with engagement
Covanta Company Culture
Overall Culture
C-
62/100
CEO Rating
F
52/100
Compensation
C-
59/100
Diversity
C
64/100
Covanta News and Updates
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Covanta Holding Corp. - CVA
Thinking about buying stock in Covanta, Vertex Energy, OncoSec Medical, Energous Corp, or Beam Therapeutics?
UPDATE: EQT Infrastructure to buy Covanta for $20.25 a share in cash or $5.3 billion
Industry Thought Leaders from Waste Management, Covanta and Harvard to Discuss Building a Sustainable Future at Waste360’s Sustainability Talks
Covanta intends to close multiple plants in coming years, divestitures still possible
Covanta Blogs
Achieving Sustainability Through Action and Accountability
How Climate Change Will Impact Everyday Living
Four Ways Waste-to-Energy is Protecting New Jersey’s Tomorrow
Covanta Frequently Asked Questions
When was Covanta founded?
Covanta was founded in 1992.
Who are Covanta key executives?
Covanta's key executives are Michael W. Ranger, Brad Helgeson and Derek W. Veenhof.
How many employees does Covanta have?
Covanta has 4,000 employees.
What is Covanta revenue?
Latest Covanta annual revenue is $1.9 b.
What is Covanta revenue per employee?
Latest Covanta revenue per employee is $476 k.
Who are Covanta competitors?
Competitors of Covanta include HydroChemPSC, Waste Connections and Casella Waste Systems.
Where is Covanta headquarters?
Covanta headquarters is located at 445 South St, Morristown.
Where are Covanta offices?
Covanta has offices in Morristown, Burnaby, Chambly, Courtice and in 4 other locations.
How many offices does Covanta have?
Covanta has 8 offices.
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