Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2020
Where the money goes
Where each dollar of revenue went, fiscal 2020
- Cost of revenue75¢$1.4B
- Selling, general and admin6¢$120.0M
- Other costs11¢$213.0M
- Interest7¢$133.0M
- Income tax1¢$18.0M
Out of $1.9B in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2020
- Dividends paid35¢$89.0M
- Kept or used elsewhere65¢$165.0M
Out of $254.0M of cash from operations.3
Financial statements
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.7B5 | $1.6B6 | $1.7B7 | $1.8B8 | $1.9B3 | $1.9B3 | $1.9B3 |
| Cost of revenue | $1.2B7 | $1.3B8 | $1.3B3 | $1.4B3 | $1.4B3 | ||
| Selling, general and admin | $97.0M5 | $93.0M6 | $100.0M7 | $112.0M8 | $115.0M3 | $122.0M3 | $120.0M3 |
| Operating income | $154.0M5 | $109.0M6 | $109.0M7 | $101.0M8 | $63.0M3 | $90.0M3 | $69.0M3 |
| Interest | $135.0M5 | $134.0M6 | $138.0M7 | $147.0M8 | $145.0M3 | $143.0M3 | $133.0M3 |
| Income tax | $15.0M5 | -$84.0M6 | $22.0M7 | -$191.0M8 | -$29.0M3 | -$7.0M3 | -$18.0M3 |
| Net income | -$2.0M5 | $68.0M6 | -$4.0M6 | $57.0M7 | $152.0M7 | $10.0M3 | -$28.0M3 |
| Earnings per share | -$0.015 | $0.526 | -$0.037 | $0.448 | $1.173 | $0.073 | -$0.213 |
| Earnings per share (diluted) | -$0.015 | $0.516 | -$0.037 | $0.448 | $1.153 | $0.073 | -$0.213 |
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash | $91.0M6 | $96.0M6 | $84.0M7 | $46.0M8 | $58.0M3 | $37.0M3 | $55.0M4 |
| Current assets | $715.0M9 | $697.0M5 | $544.0M6 | $1.2B7 | $499.0M8 | $400.0M3 | $443.0M4 |
| Total assets | $4.2B5 | $4.2B6 | $4.3B7 | $4.4B7 | $3.8B8 | $3.7B3 | $3.7B4 |
| Current liabilities | $405.0M9 | $371.0M5 | $418.0M6 | $1.0B7 | $443.0M8 | $353.0M3 | $405.0M4 |
| Long-term debt | $2.0B9 | $2.3B5 | $2.2B6 | $2.3B7 | $2.3B8 | $2.4B3 | $2.4B4 |
| Total liabilities | $3.4B9 | $3.6B5 | $3.8B6 | $4.0B7 | $3.4B8 | $3.3B3 | $3.4B4 |
| Shareholders’ equity | $782.0M9 | $638.0M5 | $469.0M8 | $427.0M3 | $487.0M3 | $376.0M3 | $310.0M4 |
| Shares outstanding | 133.0M shares9 | 131.0M shares5 | 130.0M shares6 | 131.0M shares7 | 131.0M shares8 | 131.0M shares3 | 132.0M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $341.0M5 | $254.0M6 | $264.0M7 | $242.0M8 | $238.0M3 | $226.0M3 | $254.0M3 |
| Capital spending | $216.0M5 | $376.0M5 | $359.0M5 | ||||
| Free cash flow | $125.0M | -$122.0M | -$95.0M | ||||
| Dividends paid | $101.0M5 | $133.0M6 | $131.0M7 | $131.0M8 | $134.0M3 | $133.0M3 | $89.0M3 |
| Share buybacks | $05 | $30.0M6 | $20.0M7 | $07 | $07 | ||
| Dividend per share | $0.865 | $1.006 | $1.007 | $1.008 | $1.003 | $1.003 | $0.493 |
Corporate structure
COVANTA HOLDING CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of COVANTA HOLDING CORP
- SZ INVESTMENTS LLC Filed SC 13D/A on COVANTA HOLDING CORP, latest Dec 1, 2021
- COVANTA HOLDING CORP Morristown, New Jersey
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What COVANTA HOLDING CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $20.0M3 Dec 31, 2020 | $20.0M3 Dec 31, 2019 | 0% |
| Construction in progress | $90.0M3 Dec 31, 2020 | $58.0M3 Dec 31, 2019 | +55.2% |
| Property and equipment, before depreciation | $4.7B3 Dec 31, 2020 | $4.6B3 Dec 31, 2019 | +2.8% |
| Accumulated depreciation | $2.3B3 Dec 31, 2020 | $2.2B3 Dec 31, 2019 | +7.3% |
| Property and equipment, net | $2.4B3 Dec 31, 2020 | $2.5B3 Dec 31, 2019 | −1.2% |
| Finance-lease assets | $137.0M3 Dec 31, 2020 | $143.0M3 Dec 31, 2019 | −4.2% |
| Operating-lease assets (leased space) | $43.0M3 Dec 31, 2020 | $46.0M3 Dec 31, 2019 | −6.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $55.0M3 Dec 31, 2020 | $37.0M3 Dec 31, 2019 | +48.6% |
| Stakes in other companies (equity method) | $188.0M3 Dec 31, 2020 | $167.0M3 Dec 31, 2019 | +12.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $302.0M3 Dec 31, 2020 | $321.0M3 Dec 31, 2019 | −5.9% |
| Intangible assets, net (excluding goodwill) | $237.0M3 Dec 31, 2020 | $258.0M3 Dec 31, 2019 | −8.1% |
| Finite-lived intangibles, gross | $500.0M3 Dec 31, 2020 | $499.0M3 Dec 31, 2019 | +0.2% |
| Accumulated amortization | $263.0M3 Dec 31, 2020 | $241.0M3 Dec 31, 2019 | +9.1% |
| Finite-lived intangibles, net | $237.0M3 Dec 31, 2020 | $258.0M3 Dec 31, 2019 | −8.1% |
Leadership
Who has led COVANTA HOLDING CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerMichael W. Ranger Nov 2, 2020 to Dec 1, 202110
- Chief executive officerAnthony J. Orlando Mar 17, 2006 to Mar 9, 201511
- PresidentOwen Michaelson May 6, 2021 to Dec 1, 202112
- PresidentMichael W. Ranger Nov 2, 2020 to Dec 1, 202110
- PresidentPaul E. Stauder Jan 12, 2017 to Dec 1, 202113
- PresidentAnthony J. Orlando Mar 17, 2006 to Mar 9, 201511
- Chief financial officerBradford J. Helgeson Dec 9, 2013 to Mar 19, 202114
- Chief financial officerThomas Bucks May 12, 2010 to May 12, 201015
- Chief financial officerSanjiv Khattri Aug 18, 2010 to Mar 11, 201316
- Chief financial officerCraig D. Abolt Mar 17, 2006 to Apr 5, 200617
- Chief financial officerMark A. Pytosh Sep 5, 2006 to Mar 22, 201018
- Chief operating officerDerek Veenhof Nov 2, 2020 to Dec 1, 202119
- Chief operating officerSeth Myones Mar 20, 2012 to Mar 19, 201520
- Chief operating officerJohn Klett Mar 2, 2009 to Mar 5, 201221
Board members and other officers (27)
- Chief Accounting OfficerJoseph J. Schantz Ii. Apr 10, 2020 to Dec 1, 202122
- Exec. VP, Gen'l Counsel & Sec.Thomas L. Kenyon Nov 9, 2020 to Dec 1, 202123
- SVP & CHROVirginia D. Angilello May 7, 2018 to Dec 1, 202124
- VP & Chief Accounting OfficerManpreet Grewal Mar 9, 2017 to Feb 27, 202025
- SVP & Head of Corp DevelopmentMatthew Mulcahy May 12, 2015 to Mar 19, 202126
- SVP and Chief HR OfficerMichael A. Wright May 12, 2015 to Mar 21, 201727
- EVP Supply ChainCastro Michael Joseph De Jul 17, 2015 to Mar 19, 202028
- VP & Chief Accounting OfficerNeil Zieselman Jun 25, 2014 to Mar 21, 201629
- Executive VP - Waste SolutionsDerek Veenhof Dec 9, 2013 to Mar 19, 202030
- Pres. Americas Covanta ProjSeth Myones Dec 6, 2007 to Mar 5, 201231
- SVP-Covanta Energy CorporationJohn Klett Feb 28, 2006 to Aug 6, 201332
- VP and Chief Accounting OffThomas Bucks Mar 17, 2006 to Mar 18, 201433
- Sr. VP Gen'l Counsel and Secy.Timothy Simpson Mar 17, 2006 to Dec 1, 202134
- Board memberOwen Michaelson Sep 27, 2018 to Dec 1, 202135
- Board memberDanielle Pletka Sep 26, 2016 to Dec 1, 202136
- Board memberMichael W. Ranger Sep 26, 2016 to Sep 17, 202037
- Board memberAnthony J. Orlando Nov 12, 2010 to Mar 21, 201738
- Board memberJoseph M. Holsten May 8, 2009 to Dec 1, 202139
- Board memberLinda J. Fisher Dec 6, 2007 to Jun 17, 202140
- Board memberClayton K. Yeutter Jun 1, 2006 to May 8, 200941
- Board memberPeter C. B. Bynoe Jun 1, 2006 to Dec 1, 202142
- Board memberRichard L. Huber Jun 1, 2006 to May 8, 200943
- Board memberRobert S. Silberman Jun 1, 2006 to Dec 1, 202144
- Board memberRonald J. Broglio Jun 1, 2006 to Dec 1, 202145
- Board memberSam Zell Jun 1, 2006 to Dec 1, 202146
- Board memberWilliam Pate Jun 1, 2006 to May 8, 201547
- Board memberDavid Michael Barse Aug 9, 2006 to Dec 1, 202148
Former names
- DANIELSON HOLDING CORPNov 15, 1995 to Sep 21, 20052
Timeline
- Nov 30, 20218-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale49
- Nov 15, 20218-K Regulation FD disclosure50
- Nov 12, 20218-K Executive or director change51
- Nov 2, 20218-K Other events52
- Oct 28, 20218-K Results of operations; Regulation FD disclosure53
- Oct 22, 20218-K Regulation FD disclosure54
- Oct 18, 20218-K Regulation FD disclosure55
- Oct 13, 20218-K Shareholder vote; Other events56
- Oct 5, 20218-K Regulation FD disclosure57
- Oct 4, 20218-K Other events58
- Nov 2, 2020New chief executive Michael W. Ranger becomes CEO10
- Mar 17, 2006New chief executive Anthony J. Orlando becomes CEO11
Calendar
When it reported results
- Oct 28, 2021Reported quarterly or annual results53
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
37 filings to the SEC since October 2021: 1 quarterly reports, 10 major events, 19 insider forms, 1 large holders, 6 other. The latest 20:
- Dec 10, 202115-12B EDGAR
- Dec 1, 2021SC 13D/A EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
- Dec 1, 20214 EDGAR
The 37 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- SZ INVESTMENTS LLCSC 13D/A, 1 filing Dec 1, 202159
SEC filer profile
How COVANTA HOLDING CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCOVANTA HOLDING CORP1
- CIK0000225648
- Employer ID (EIN)95-60212571
- Filer statusLarge accelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)4991 Cogeneration Services & Small Power Producers1
- Business address445 South Street, Morristown, NJ 079601
- Phone862-345-50001
- Shares outstanding133,009,182 as of Oct 22, 202160
- Public float$1.1B as of Jun 30, 20203
- On EDGAR sinceNov 13, 19951
- Filings1,496 in all: 4 (740), 8-K (278), 10-Q (79), SC 13G/A (43), 3 (35), 4/A (28), SC 13D/A (27), DEF 14A (26)1
All 47 form types
10-K (25), SC 13G (24), CORRESP (19), UPLOAD (19), DEFA14A (16), 424B5 (15), 8-K/A (14), S-3/A (14), 10-Q/A (9), ARS (9), FWP (7), S-3 (7), S-3ASR (7), S-8 (7), 10-K/A (5), 424B2 (5), SC 13D (4), 424B1 (3), PRE 14A (3), S-8 POS (3), SC TO-I/A (3), 3/A (2), 424B3 (2), 8-A12B (2), S-1/A (2), 10-K405 (1), 15-12B (1), 25-NSE (1), 424B7 (1), 5 (1), 8-A12B/A (1), CERTNYS (1), DEFM14A (1), POS AM (1), POSASR (1), PREM14A (1), S-4 (1), S-4 POS (1), SC TO-I (1)
- Latest filingsAnnual report (10-K) Feb 19, 2021
Quarterly report (10-Q) Oct 28, 2021
Proxy statement (DEF 14A) Apr 2, 2021
Latest 8-K (8-K) Nov 30, 2021
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGAROwen Michaelson, President
- 13SEC EDGARPaul E. Stauder, President
- 14
- 15
- 16
- 17
- 18
- 19
- 20SEC EDGARSeth Myones, Chief operating officer
- 21SEC EDGARJohn Klett, Chief operating officer
- 22
- 23
- 24SEC EDGARVirginia D. Angilello, SVP & CHRO
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35SEC EDGAROwen Michaelson, Board member
- 36SEC EDGARDanielle Pletka, Board member
- 37SEC EDGARMichael W. Ranger, Board member
- 38SEC EDGARAnthony J. Orlando, Board member
- 39SEC EDGARJoseph M. Holsten, Board member
- 40SEC EDGARLinda J. Fisher, Board member
- 41SEC EDGARClayton K. Yeutter, Board member
- 42SEC EDGARPeter C. B. Bynoe, Board member
- 43SEC EDGARRichard L. Huber, Board member
- 44SEC EDGARRobert S. Silberman, Board member
- 45SEC EDGARRonald J. Broglio, Board member
- 46SEC EDGARSam Zell, Board member
- 47SEC EDGARWilliam Pate, Board member
- 48SEC EDGARDavid Michael Barse, Board member
- 49
- 50SEC EDGARRegulation FD disclosure
- 51SEC EDGARExecutive or director change
- 52SEC EDGAROther events
- 53
- 54SEC EDGARRegulation FD disclosure
- 55SEC EDGARRegulation FD disclosure
- 56SEC EDGARShareholder vote; Other events
- 57SEC EDGARRegulation FD disclosure
- 58SEC EDGAROther events
- 59
- 60