Casella Waste Systems, Inc. logo

Casella Waste Systems, Inc.

CWST

NASDAQIndustrialsWaste Management

Previous close

$92.01

−$1.04 · -1.12%

Aug 21, 4:00 PM ET

CWST company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

49

Fair Value

Momentum

59

Neutral

Sentiment

65

Bullish

Risk resilience

68

Moderate Risk

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Company profile

Company website

Casella Waste Systems, Inc., along with its subsidiaries, operates as a vertically integrated solid waste management firm across the northeastern United States. The company specializes in comprehensive waste and resource management solutions, encompassing solid waste collection, transfer, disposal, recycling, and organic waste services. These offerings cater to a diverse clientele, including residential, commercial, municipal, institutional, and industrial customers. Its operations specifically address non-hazardous solid waste, from initial collection through its extensive network of transfer stations to final disposal facilities. Casella also markets a variety of processed recyclables, such as metals (including aluminum), plastics, and paper products like corrugated cardboard, sourced from both its own processing centers and third-party acquisitions. Furthermore, the company engages in commodity brokerage. As of January 31, 2022, its significant infrastructure included 50 solid waste collection operations, 65 transfer stations, 23 recycling facilities, 8 Subtitle D landfills, 3 landfill gas-to-energy facilities, and 1 landfill dedicated to construction and demolition materials. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.

Industry
Waste Management
Sector
Industrials
Headquarters
US
CEO
Edmond R. Coletta
Listed since
Oct 29, 1997
Employees
5,600

Market position

Day range

Current $92.01

52-week range

Current $92.01

Open
$93.62
Previous close
$93.05
Volume
279.83K
0.4× average
Average volume
697.78K
Average daily volume
Market cap
5.76B USD
Beta
0.74
Market reference 1
50-day average
$92.0392
-0.03% below average
200-day average
$91.9351
+0.08% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.33B USD
P/E (TTM)
987.23×
P/B (TTM)
3.7×
P/S (TTM)
2.95×
EV / EBITDA
18.62×
Earnings yield
0.13%
Free cash flow yield
1.36%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
25.36%
Operating margin
4.45%
Net margin
0.29%
Return on equity
0.50%
Return on assets
0.23%
Return on invested capital
1.70%

Financial health

Debt / equity
0.91×
Current ratio
1.26×
Altman Z-score
2.32
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%16%7%-2%Gross margin, FY2021: 22.85%Gross margin, FY2022: 21.71%Gross margin, FY2023: 20.70%Gross margin, FY2024: 18.95%Gross margin, FY2025: 17.06%Operating margin, FY2021: 9.49%Operating margin, FY2022: 9.42%Operating margin, FY2023: 8.38%Operating margin, FY2024: 6.70%Operating margin, FY2025: 4.86%Net margin, FY2021: 4.62%Net margin, FY2022: 4.89%Net margin, FY2023: 2.01%Net margin, FY2024: 0.87%Net margin, FY2025: 0.43%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 22.85%. Gross margin FY2022 21.71%. Gross margin FY2023 20.70%. Gross margin FY2024 18.95%. Gross margin FY2025 17.06%. Operating margin FY2021 9.49%. Operating margin FY2022 9.42%. Operating margin FY2023 8.38%. Operating margin FY2024 6.70%. Operating margin FY2025 4.86%. Net margin FY2021 4.62%. Net margin FY2022 4.89%. Net margin FY2023 2.01%. Net margin FY2024 0.87%. Net margin FY2025 0.43%.

Income trends

Revenue

1.84B USD+17.95%

Operating income

89.18M USD-14.48%

Net income

7.87M USD-41.85%
Income trends across reported periods2.02B USD1.29B USD556.56M USD−175.03M USDRevenue, FY2021: 889.21M USDRevenue, FY2022: 1.09B USDRevenue, FY2023: 1.26B USDRevenue, FY2024: 1.56B USDRevenue, FY2025: 1.84B USDOperating income, FY2021: 84.38M USDOperating income, FY2022: 102.2M USDOperating income, FY2023: 105.95M USDOperating income, FY2024: 104.29M USDOperating income, FY2025: 89.18M USDNet income, FY2021: 41.1M USDNet income, FY2022: 53.08M USDNet income, FY2023: 25.4M USDNet income, FY2024: 13.54M USDNet income, FY2025: 7.87M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 889.21M USD. Revenue FY2022 1.09B USD. Revenue FY2023 1.26B USD. Revenue FY2024 1.56B USD. Revenue FY2025 1.84B USD. Operating income FY2021 84.38M USD. Operating income FY2022 102.2M USD. Operating income FY2023 105.95M USD. Operating income FY2024 104.29M USD. Operating income FY2025 89.18M USD. Net income FY2021 41.1M USD. Net income FY2022 53.08M USD. Net income FY2023 25.4M USD. Net income FY2024 13.54M USD. Net income FY2025 7.87M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.84B USD1.56B USD1.26B USD1.09B USD889.21M USD
Cost of goods sold1.52B USD1.26B USD1B USD849.47M USD685.99M USD
Gross profit313.4M USD295.04M USD261.8M USD235.62M USD203.22M USD
Selling, general, and administrative190.75M USD155.85M USD133.42M USD118.83M USD
Operating expenses224.22M USD190.75M USD155.85M USD133.42M USD118.83M USD
Interest income9.95M USD10.43M USD10.74M USD709K USD302K USD
Interest expense59M USD53.97M USD41.22M USD25.17M USD25.99M USD
Depreciation and amortization321.55M USD246.51M USD195.91M USD148.16M USD124.74M USD
Operating income89.18M USD104.29M USD105.95M USD102.2M USD84.38M USD
Net income7.87M USD13.54M USD25.4M USD53.08M USD41.1M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+28.95%
11 comparable reports
Latest EPS result
0.4
Estimate 0.36 · Beat by 12.23%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.460.330.210.09Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 0.41, estimate 0.16, surprise +156.25%, Beat. Q2 2025, reported May 1, 2025: actual 0.19, estimate 0.11, surprise +72.73%, Beat. Q3 2025, reported Jul 31, 2025: actual 0.36, estimate 0.31, surprise +16.13%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.42, estimate 0.334, surprise +25.94%, Beat. Q1 2026, reported Feb 19, 2026: actual 0.3, estimate 0.22, surprise +36.36%, Beat. Q2 2026, reported Apr 30, 2026: actual 0.2, estimate 0.1, surprise +100.00%, Beat. Q3 2026, reported Aug 6, 2026: actual 0.4, estimate 0.356, surprise +12.23%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.37, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates585.59M517.34M449.09M380.84MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 427.49M USD, estimate 419.53M USD, surprise +1.90%, Beat. Q2 2025, reported May 1, 2025: actual 417.1M USD, estimate 403.36M USD, surprise +3.41%, Beat. Q3 2025, reported Jul 31, 2025: actual 465.33M USD, estimate 471.21M USD, surprise -1.25%, Miss. Q4 2025, reported Oct 30, 2025: actual 485.35M USD, estimate 476.87M USD, surprise +1.78%, Beat. Q1 2026, reported Feb 19, 2026: actual 469.06M USD, estimate 470.95M USD, surprise -0.40%, Miss. Q2 2026, reported Apr 30, 2026: actual 457.33M USD, estimate 454.49M USD, surprise +0.63%, Beat. Q3 2026, reported Aug 6, 2026: actual 543.75M USD, estimate 526.43M USD, surprise +3.29%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 563.07M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$113

22.81% upside
Past 12 months12-month forecastHigh $122Average $113Low $104

Rating distribution

19 ratings
Strong buy15%
Buy1053%
Hold842%
Sell00%
Strong sell00%

Recent analyst actions

9 institutions
Goldman SachsmaintainBuy
Deutsche BankmaintainHold

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