Covanta Holding Profit Margin

Covanta Holding posts a profit margin of 1.23% as of September 2021. That compares with -1.48% in the prior-year period — up 183.3% year over year. That is below the Industrials sector average of 10.05%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Covanta Holding's profit margin was -1.48%. The latest reading is 1.23% — a 183.3% year-over-year increase (period ending September 2021). Use the history and growth charts on this page for a longer lookback.

For Industrials stocks, a profit margin near 10.05% is typical. Covanta Holding's 1.23% is lower that level. That is roughly 87.8% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Covanta Holding's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 1.23% as of September 2021; use YoY and peer views to separate noise from signal.

Context for CVA's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 10.05%), and (3) consistency with growth and profitability. This page covers the first two; Covanta Holding's other metric pages and overview cover the third.