OverviewSuggest Edit
Covanta (formerly the Ogden Corporation) develops and constructs, owns and operates infrastructure for the conversion of waste-to-energy and independent power production in the United States and abroad. The Company owns or operates power generation facilities that use a variety of fuels, including municipal solid waste, water (hydroelectric), natural gas, coal, wood waste, landfill gas, heavy fuel oil and diesel fuel. Covanta also operates a potable water treatment facility which is located in the United States.
| Type | Public | |
| Founded | 1983 | |
| HQ | Morristown, US | Map |
| Website | covanta.com | |
| Employee Ratings | More |
Recent NewsAll News
- Covanta Holding Corporation Reports 2018 Fourth Quarter And Full Year Results And Provides 2019 Guidance
- SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Covanta Holding Corporation for Potential Breaches Of Fiduciary Duty By Its Board of Directors
- Covanta Expands Partnership with Wreaths Across America for Annual Post-Holiday Clean Up
- Covanta and Green Investment Group to Break Ground on First UK Energy-from-Waste Project in Joint Development Pipeline
Key People/Management at Covanta
Stephen J. Jones
Brad Helgeson
Derek W. Veenhof
Michael J. de Castro
Timothy J. Simpson
Matthew Mulcahy
Covanta Office Locations
Covanta Financials and Metrics
Covanta Revenue
| USD | |
|---|---|
Revenue (FY, 2018) | 1.9b |
Revenue growth (FY, 2017 - FY, 2018), % | 6.6% |
Gross profit (FY, 2018) | 547.0m |
Gross profit margin (FY, 2018), % | 29.3% |
Net income (FY, 2018) | 152.0m |
EBIT (FY, 2018) | 63.0m |
Market capitalization (15-Mar-2019) | 2.2b |
Closing stock price (15-Mar-2019) | 17.1 |
Cash (31-Dec-2018) | 58.0m |
EV | 4.7b |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 403.0m | 418.0m | 421.0m | 404.0m | 424.0m | 429.0m | 458.0m | 912.0m | 456.0m |
General and administrative expense | 23.0m | 25.0m | 23.0m | 28.0m | 30.0m | 31.0m | 58.0m | 27.0m | |
Operating expense total | 417.0m | 413.0m | 361.0m | 427.0m | 30.0m | 383.0m | 438.0m | 910.0m | 454.0m |
EBIT | (14.0m) | 5.0m | 60.0m | (23.0m) | 20.0m | 46.0m | 20.0m | 2.0m | 2.0m |
| USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|
Cash | 94.0m | 84.0m | 46.0m | 58.0m |
Accounts Receivable | 312.0m | 332.0m | 341.0m | 338.0m |
Prepaid Expenses | 117.0m | 72.0m | 73.0m | 62.0m |
Current Assets | 697.0m | 544.0m | 1.2b | 499.0m |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 106.0m | 108.0m | 113.0m | 444.0m | 48.0m | 37.0m | 51.0m | 39.0m | 51.0m |
Accounts Receivable | 318.0m | 324.0m | 316.0m | ||||||
Current Assets | 634.0m | 608.0m | 547.0m | 853.0m | 477.0m | 511.0m | 475.0m | 465.0m | 469.0m |
PP&E | 2.7b | 3.0b | 3.0b | 3.1b | 3.1b | 3.2b | 2.6b | 2.6b | 2.5b |
| USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|
Net Income | 69.0m | (4.0m) | 57.0m | 152.0m |
Depreciation and Amortization | 198.0m | 207.0m | 215.0m | 218.0m |
Accounts Payable | (8.0m) | 43.0m | 66.0m | (16.0m) |
Cash From Operating Activities | 254.0m | 264.0m | 242.0m | 238.0m |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|
Net Income | (37.0m) | (66.0m) | (12.0m) | (52.0m) | (89.0m) | (74.0m) | 201.0m | 170.0m |
Depreciation and Amortization | 52.0m | 103.0m | 155.0m | 52.0m | 104.0m | 155.0m | 54.0m | 109.0m |
Accounts Payable | 90.0m | 59.0m | 52.0m | 56.0m | ||||
Cash From Operating Activities | 31.0m | 58.0m | 146.0m | 10.0m | 26.0m | 114.0m | 3.0m | 63.0m |
| USD | Y, 2018 |
|---|---|
EV/EBIT | 74.2 x |
EV/CFO | 19.6 x |
Revenue/Employee | 504.9k |
Debt/Equity | 5.1 x |
Debt/Assets | 0.6 x |
Financial Leverage | 7.9 x |
Covanta Acquisitions / Subsidiaries
| Acquired Company | 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: 5.1% from Recycled Metals, 18.4% from Energy, 71.0% from Waste and Service and 5.5% from Other
Covanta revenue breakdown by geographic segment: 95.6% from United States and 4.4% from Other
Covanta Online and Social Media Presence
5.54k Twitter followers
Covanta has 5.54k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.2% quarter over quarter
Twitter Engagement Stats for @Covanta
3.8k
Tweets
1.6k
Following
5.5k
Followers
75
Tweets last 30Â days
0.3
Avg. likes per Tweet
30.7%
Tweets with engagement
Covanta News and Updates
Covanta Holding Corporation Reports 2018 Fourth Quarter And Full Year Results And Provides 2019 Guidance
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Covanta Holding Corporation for Potential Breaches Of Fiduciary Duty By Its Board of Directors
Covanta Expands Partnership with Wreaths Across America for Annual Post-Holiday Clean Up
Covanta and Green Investment Group to Break Ground on First UK Energy-from-Waste Project in Joint Development Pipeline
Covanta Recognized for Environmental Achievement and Sustainability Leadership with 2018 SEAL Award
Covanta Recognized as Corporate Citizen of the Year
 Covanta Frequently Asked Questions
When was Covanta founded?
Covanta was founded in 1983.
Who are Covanta key executives?
Covanta's key executives are Stephen J. Jones, Brad Helgeson and Derek W. Veenhof.
How many employees does Covanta have?
Covanta has 3,700 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 $504.9 k.
Who are Covanta competitors?
Competitors of Covanta include Clean Harbors, BELFOR Franchise Group and Metech International.
Where is Covanta headquarters?
Covanta headquarters is located at 445 South St, Morristown.
Where are Covanta offices?
Covanta has offices in Morristown and Shanghai.
How many offices does Covanta have?
Covanta has 2 offices.