Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta’s modern Energy-from-Waste facilities safely convert approximately 20 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle approximately 500,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today’s most complex environmental challenges.
Type
Public
HQ
Morristown, US
Founded
1983
Size (employees)
3,600 (est)-5%
Covanta was founded in 1983 and is headquartered in Morristown, US

Covanta Office Locations

Covanta has offices in Morristown, Shanghai, Honolulu, Grand Rapids and in 27 other locations
Morristown, US (HQ)
445 South St
Shanghai, CN
2277 Long Yang Lu
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Covanta Data and Metrics

Covanta Financial Metrics

Covanta's revenue was reported to be $404 m in Q1, 2017
USD

Revenue (Q1, 2017)

404 m

EBIT (Q1, 2017)

(23 m)

Market capitalization (21-Jul-2017)

1.7 b

Cash (31-Mar-2017)

444 m
Covanta's current market capitalization is $1.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.6 b1.7 b1.6 b1.7 b

Revenue growth, %

3%(2%)3%

General and administrative expense

100 m

Operating expense total

1.4 b1.5 b1.5 b1.6 b

EBIT

221 m144 m100 m109 m

EBIT margin, %

14%9%6%6%

Interest expense

125 m139 m

Income tax expense

84 m(22 m)

Net Income

(8 m)(1 m)69 m(4 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

432 m414 m383 m408 m422 m403 m418 m421 m404 m

General and administrative expense

26 m26 m28 m23 m20 m23 m25 m23 m28 m

Operating expense total

26 m26 m28 m23 m20 m23 m25 m23 m28 m

EBIT

47 m18 m5 m(20 m)71 m(14 m)5 m60 m(23 m)

EBIT margin, %

11%4%1%(5%)17%(3%)1%14%(6%)

Interest expense

(33 m)(30 m)(33 m)(28 m)(31 m)(34 m)(34 m)(35 m)(36 m)

Income tax expense

(10 m)16 m(10 m)40 m(11 m)10 m(3 m)(12 m)11 m

Net Income

1 m6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

198 m91 m94 m84 m

Accounts Receivable

15.7 m

Inventories

110 m96 m122 m72 m

Current Assets

740 m631 m702 m544 m

PP&E

2.6 b2.7 b2.7 b3 b

Goodwill

249 m274 m301 m302 m

Total Assets

4.4 b4.2 b4.3 b4.3 b

Accounts Payable

24 m34 m90 m98 m

Total Debt

2.1 b2 b2.3 b2.3 b

Current Liabilities

859 m389 m371 m418 m

Total Liabilities

3.8 b

Common Stock

14 m14 m14 m14 m

Additional Paid-in Capital

790 m805 m801 m807 m

Retained Earnings

(289 m)

Total Equity

911 m784 m640 m469 m

Debt to Equity Ratio

2.3 x2.5 x3.6 x4.8 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.5 x

Financial Leverage

4.8 x5.4 x6.7 x9.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

172 m87 m67 m66 m69 m106 m108 m113 m444 m

Current Assets

660 m639 m630 m746 m728 m634 m608 m547 m853 m

PP&E

2.7 b2.6 b2.6 b2.6 b2.6 b2.7 b3 b3 b3.1 b

Goodwill

296 m302 m274 m293 m301 m302 m303 m303 m312 m

Total Assets

4.3 b4.3 b4.1 b4.3 b4.3 b4.2 b4.3 b4.3 b4.6 b

Accounts Payable

49 m43 m79 m63 m55 m90 m59 m52 m56 m

Current Liabilities

341 m395 m403 m377 m367 m358 m358 m318 m797 m

Common Stock

14 m14 m14 m14 m14 m14 m14 m14 m14 m

Additional Paid-in Capital

799 m789 m808 m808 m811 m795 m800 m804 m810 m

Retained Earnings

(130 m)(169 m)(169 m)(223 m)(285 m)(264 m)(366 m)

Total Equity

851 m808 m652 m630 m628 m553 m480 m500 m

Financial Leverage

5.1 x5.3 x6.3 x6.8 x6.9 x7.6 x9 x8.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(8 m)(1 m)69 m(4 m)

Depreciation and Amortization

210 m211 m198 m207 m

Accounts Payable

(12 m)57 m(8 m)45 m

Cash From Operating Activities

316 m341 m249 m282 m

Purchases of PP&E

(16 m)(8 m)

Cash From Investing Activities

(258 m)(232 m)(448 m)(254 m)

Long-term Borrowings

(3 m)(557 m)(196 m)(4 m)

Cash From Financing Activities

(103 m)(213 m)208 m(40 m)

Interest Paid

123 m121 m141 m150 m
USDY, 2017

Revenue/Employee

112.2 k

Covanta Market Value History

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Covanta Company Life and Culture

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