Covanta Holding Corp (CVA) Files 10-K for the Fiscal Year Ended on December 31, 2018

Covanta Holding Corp (CVA, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Covanta Holding Corp is engaged in the businesses of waste and energy services. The company also holds interests in energy-from-waste facilities in Ireland and Italy. Covanta Holding Corp has a market cap of $2.17 billion; its shares were traded at around $16.59 with a P/E ratio of 14.43 and P/S ratio of 1.16. The dividend yield of Covanta Holding Corp stocks is 6.02%.

For the last quarter Covanta Holding Corp reported a revenue of $500.0 million, compared with the revenue of $495.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.9 billion, an increase of 6.6% from last year. For the last five years Covanta Holding Corp had an average revenue growth rate of 2.4% a year.

The reported diluted earnings per share was $1.15 for the year. The Covanta Holding Corp had an operating margin of 7.98%, compared with the operating margin of 5.88% a year before. The 10-year historical median operating margin of Covanta Holding Corp is 13.62%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Covanta Holding Corp has the cash and cash equivalents of $58.0 million, compared with $46.0 million in the previous year. The long term debt was $2.5 billion, compared with $2.5 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Covanta Holding Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $16.59, Covanta Holding Corp is traded at 22.8% discount to its historical median P/S valuation band of $21.49. The P/S ratio of the stock is 1.16, while the historical median P/S ratio is 1.51. The stock gained 9.44% during the past 12 months.

For the complete 20-year historical financial data of CVA, click here.