Covanta (CVA) stock price, revenue, and financials

Covanta market cap is $2.7 b, and annual revenue was $1.9 b in FY 2020

$2.7 B

CVA Mkt cap, 23-Sept-2021

$1.9 B

Covanta Revenue FY, 2020
Covanta Revenue growth (FY, 2019 - FY, 2020), %2%
Covanta Gross profit (FY, 2020)484 M
Covanta Gross profit margin (FY, 2020), %25.4%
Covanta Net income (FY, 2020)-28 M
Covanta EBIT (FY, 2020)69 M
Covanta Cash, 31-Dec-202055 M
Covanta EV5.2 B
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Covanta Revenue

Covanta revenue was $1.9 b in FY, 2020 which is a 1.8% year over year increase from the previous period.

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Covanta Revenue Breakdown

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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 Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

1.9b1.9b1.9b

Revenue growth, %

7%0%2%

Cost of goods sold

1.3b1.4b1.4b

Gross profit

547.0m499.0m484.0m

Gross profit Margin, %

29%27%25%

General and administrative expense

115.0m122.0m120.0m

Operating expense total

484.0m409.0m415.0m

Depreciation and amortization

218.0m221.0m224.0m

EBIT

63.0m90.0m69.0m

EBIT margin, %

3%5%4%

Interest expense

145.0m143.0m133.0m

Pre tax profit

117.0m(3.0m)(50.0m)

Income tax expense

(29.0m)(7.0m)(18.0m)

Net Income

152.0m10.0m(28.0m)

EPS

1.20.1(0.2)

Covanta Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

58.0m37.0m55.0m

Accounts Receivable

338.0m240.0m260.0m

Prepaid Expenses

62.0m105.0m117.0m

Current Assets

499.0m400.0m443.0m

PP&E

2.5b2.5b2.4b

Goodwill

321.0m321.0m302.0m

Total Assets

3.8b3.7b3.7b

Accounts Payable

76.0m36.0m75.0m

Short-term debt

34.0m25.0m27.0m

Current Liabilities

443.0m353.0m405.0m

Long-term debt

2.5b2.5b2.5b

Total Debt

2.5b2.5b2.5b

Total Liabilities

3.4b3.3b3.4b

Common Stock

14.0m14.0m14.0m

Additional Paid-in Capital

841.0m857.0m882.0m

Retained Earnings

(334.0m)(460.0m)(554.0m)

Total Equity

487.0m376.0m310.0m

Debt to Equity Ratio

5.1 x6.7 x8.2 x

Debt to Assets Ratio

0.6 x0.7 x0.7 x

Financial Leverage

7.9 x9.9 x12 x

Covanta Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

152.0m10.0m(28.0m)

Depreciation and Amortization

218.0m221.0m224.0m

Accounts Receivable

7.0m94.0m(21.0m)

Accounts Payable

(16.0m)(77.0m)47.0m

Cash From Operating Activities

238.0m226.0m254.0m

Purchases of PP&E

(206.0m)(158.0m)(162.0m)

Cash From Investing Activities

(139.0m)(145.0m)(176.0m)

Long-term Borrowings

(1.9b)(599.0m)(1.2b)

Dividends Paid

(134.0m)(133.0m)(89.0m)

Cash From Financing Activities

(189.0m)(122.0m)(71.0m)

Net Change in Cash

(89.0m)(42.0m)9.0m

Interest Paid

136.0m152.0m112.0m

Income Taxes Paid

2.0m5.0m

Covanta Ratios

USDFY, 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, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019

Waste Handled, tonnes

19.4 m4.56 m4.76 m4.68 m4.66 m18.7 m4.84 m5.07 m5.08 m5.55 m20.54 m5.2 m5.41 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

5.81.421.431.491.6361.61.621.621.676.521.561.57

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

Ferrous Metals Recovered, tons

353 k95.4 k97.7 k97.8 k104.6 k396 k101.9 k106.6 k111.4 k104.2 k424 k96.3 k110.8 k

Non-Ferrous Metals Recovered, tons

32 k8.9 k9.3 k10.3 k9.8 k38 k11.1 k11.7 k12.9 k13.6 k49.3 k12.6 k12.5 k

Ferrous Metals Sold, tons

330 k60 k68.4 k80.9 k92.4 k302 k76.6 k81.4 k89.8 k85.1 k332.8 k84 k94.9 k

Non-Ferrous Metals Sold, tons

32 k9.3 k4.7 k8.3 k9 k31 k7.5 k7 k6.8 k9.2 k30.6 k8.3 k6.7 k

Revenue per Ferrous Metal Ton

$116$169$152$158$151$157$193$182$159$162$173$137$132

Revenue per Non-Ferrous Metal Ton

$721$615$892$1.2 k$1.57 k$1.09 k$1.19 k$1.43 k$1.36 k$971$1.22 k$1.12 k$1.26 k

Facilities

838789

Energy-from-Waste Facilities

424144

Transfer Stations

171716

Landfill Sites

444

Metals Processing Facility

111

Material Processing Facilities

1920

Ash Processing Facility

1

Covanta Employee Rating

3.8225 votes
Culture & Values
3.5
Work/Life Balance
3.3
Senior Management
3.4
Salary & Benefits
3.7
Career Opportunities
3.5
Source