CWST · Casella Waste Systems Inc
Market Cap
$5.94B
Shares
63.64M
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$1.84B
+18%
FY2025
Net Income
$7.87M
-41.9%
FY2025
Gross Margin
33.77%
-0.3pp
FY2025
Operating Margin
3.47%
-1.2pp
FY2025
Diluted EPS
$0.12
-47.8%
FY2025
Operating Cash Flow
$329.78M
+17.2%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.96B | $1.84B | $1.56B | $1.26B | $1.09B | $889.21M | $774.58M | $743.29M | $660.66M | $599.31M | $565.03M | $546.5M | $497.63M | $455.34M | $480.82M | |
| — | — | — | — | — | — | — | — | — | — | — | — | $37.86M | $41.43M | — | |
| $1.3B | $1.22B | $1.03B | $832.04M | $723.12M | $582.4M | $515.65M | $508.66M | $453.29M | $405.19M | $381.97M | $382.62M | $354.59M | $323.01M | $330.75M | |
| $653.52M | $620.24M | $529.95M | $432.5M | $361.97M | $306.81M | $258.94M | $234.63M | $207.37M | $194.12M | $183.06M | $163.89M | $143.04M | $132.32M | $150.06M | |
| — | 33.77% | 34.03% | 34.2% | 33.36% | 34.5% | 33.43% | 31.57% | 31.39% | 32.39% | 32.4% | 29.99% | 28.74% | 29.06% | 31.21% | |
| $234.51M | $224.22M | $190.75M | $155.85M | $133.42M | $118.83M | $102.41M | $92.78M | $84.79M | $79.24M | $75.36M | $72.89M | $61.87M | $58.21M | $60.78M | |
| $78.3M | $76.48M | $56.48M | $31.04M | $16.59M | $10.95M | $8.89M | $7.22M | $3.32M | $2.06M | $2.14M | $2.57M | $2.56M | $1.31M | — | |
| $324.82M | $306.84M | $234.91M | $170.71M | $126.35M | $103.59M | $90.78M | $79.79M | $70.51M | $62.1M | $61.86M | $62.7M | $60.34M | $56.58M | $58.58M | |
| $1.89B | $1.77B | $1.48B | $1.18B | $989.7M | $811.55M | $715.29M | $690.22M | $620.93M | $611.89M | $520.09M | $514.63M | $485.72M | $442.91M | $492.34M | |
| $66.07M | $63.67M | $72.76M | $80.43M | $95.39M | $77.66M | $59.3M | $53.08M | $39.73M | -$12.58M | $44.95M | $31.87M | $11.92M | $12.42M | -$11.53M | |
| — | 3.47% | 4.67% | 6.36% | 8.79% | 8.73% | 7.66% | 7.14% | 6.01% | -2.1% | 7.95% | 5.83% | 2.39% | 2.73% | -2.4% | |
| $390.89M | $370.5M | $307.67M | $251.13M | $221.75M | $181.25M | $150.08M | $132.87M | $110.24M | $49.52M | $106.8M | $94.57M | $72.26M | $69M | $47.05M | |
| $65.16M | $62.54M | $62.41M | $47.58M | $23.72M | $21.23M | $22.37M | $25.1M | $26.29M | $25.16M | $38.94M | $40.42M | $38.18M | $41.57M | $45.54M | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | $141K | $42K | |
| -$57.23M | -$50.62M | -$51.71M | -$43.38M | -$20.43M | -$19.61M | -$21M | -$23.3M | -$33.7M | -$24.47M | -$51.31M | -$42.3M | -$37.43M | -$64.93M | -$65.61M | |
| — | — | — | — | — | — | — | — | — | — | $0 | $0 | -$936K | -$4.44M | -$9.99M | |
| $8.84M | $13.05M | $21.05M | $37.05M | $74.97M | $58.05M | $38.3M | $29.78M | $6.04M | -$37.05M | -$6.36M | -$10.43M | -$25.51M | -$52.51M | -$77.14M | |
| $3.14M | $5.18M | $7.51M | $11.65M | $21.89M | $16.95M | -$52.8M | -$1.87M | -$384K | -$15.25M | $494K | $1.35M | $1.8M | -$2.53M | $1.18M | |
| $5.7M | $7.87M | $13.54M | $25.4M | $53.08M | $41.1M | $91.11M | $31.65M | $6.42M | -$21.8M | -$6.85M | -$12.97M | -$27.4M | -$54.46M | -$77.59M | |
| — | 0.43% | 0.87% | 2.01% | 4.89% | 4.62% | 11.76% | 4.26% | 0.97% | -3.64% | -1.21% | -2.37% | — | — | — | |
| — | — | — | — | — | — | — | — | $0 | $0 | -$9000 | $1.19M | -$4.31M | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | -$77.59M | |
| $9.22M | $604K | $17.93M | $16.78M | $65.72M | $47.51M | $85.63M | $26.92M | $4.95M | -$21.55M | -$6.92M | -$13.02M | -$22.46M | -$52.78M | -$79.92M | |
| USD/shares | $0.09 | $0.12 | $0.23 | $0.46 | $1.03 | $0.80 | $1.87 | $0.67 | $0.15 | -$0.52 | -$0.17 | — | — | — | — |
| USD/shares | $0.09 | $0.12 | $0.23 | $0.46 | $1.03 | $0.80 | $1.86 | $0.66 | $0.15 | -$0.52 | -$0.17 | — | — | — | — |
| shares | — | 63.46M | 59.58M | 55.17M | 51.62M | 51.31M | 48.79M | 47.23M | 42.69M | 41.85M | 41.23M | 40.64M | 39.82M | 34.02M | 26.75M |
| shares | — | 63.57M | 59.68M | 55.27M | 51.77M | 51.52M | 49.05M | 47.97M | 44.17M | 41.85M | 41.23M | 40.64M | 39.82M | 34.02M | 26.75M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Coverage backlog: 70 eligible filings and 0 covenant artifacts have no current-version terminal extraction result. This includes untouched sources and sources on the retry ladder.
No terminal debt extraction result is available yet; this is not evidence that the company has no debt.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
3.72×
Peer median 1.23×
EV/EBIT
110.21×
P/E (TTM)
1,037.78×
Peer medians compare against the 5 similar-size Waste Management companies (of 19 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Western Region | $663,188,000 | $561,518,000 | $482,650,000 | $445,153,000 | $389,520,000 | $357,989,000 | $345,212,000 | $290,358,000 |
| Eastern Region | $472,609,000 | $443,764,000 | $400,484,000 | $340,058,000 | $264,569,000 | $220,285,000 | $219,475,000 | $206,473,000 |
| Resource Solutions Region | $359,972,000 | $329,867,000 | $292,799,000 | $299,878,000 | $235,122,000 | $196,310,000 | $178,603,000 | $163,829,000 |
| Mid-Atlantic Region | $341,072,000 | $222,134,000 | $88,609,000 | $0 | $0 | — | — | — |
| Recycling | — | — | — | — | — | — | $42,820,000 | $42,191,000 |
| All Other Segments | — | — | — | — | — | — | $137,596,000 | $125,734,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Collection | $1,196,065,000 | $961,784,000 | $710,590,000 | $539,587,000 | $442,685,000 | $391,438,000 | $372,041,000 | $306,939,000 |
| National Accounts | $226,314,000 | $199,408,000 | $186,802,000 | $180,833,000 | $141,799,000 | — | — | — |
| Processing Services | $143,816,000 | $141,415,000 | $115,951,000 | $129,179,000 | $102,604,000 | $69,757,000 | $61,156,000 | — |
| Transfer | $142,507,000 | $131,370,000 | $122,955,000 | $110,562,000 | $91,282,000 | $78,847,000 | $76,053,000 | $67,583,000 |
| Landfill Revenue | $97,696,000 | $94,745,000 | $101,001,000 | $97,542,000 | $91,973,000 | $85,549,000 | $93,019,000 | $94,986,000 |
| Transportation | $22,843,000 | $20,603,000 | $20,626,000 | $19,867,000 | $13,730,000 | $11,150,000 | $12,823,000 | $18,366,000 |
| Landfill Gas to Energy | $7,600,000 | $7,958,000 | $6,617,000 | $7,519,000 | $5,138,000 | $4,072,000 | $3,576,000 | $5,129,000 |
| Customer Solutions | — | — | — | — | $141,799,000 | $133,771,000 | $79,457,000 | $67,464,000 |
| Non-Processing Services | — | — | — | — | $141,799,000 | $133,771,000 | $124,622,000 | — |
| Organics | — | — | — | — | — | $59,394,000 | $56,326,000 | $54,174,000 |
| Rebate Recycled or Returned Organic Materials | — | — | — | — | -$13,071,000 | -$4,960,000 | -$4,428,000 | — |
| Recycling | — | — | — | — | — | — | $42,820,000 | $42,191,000 |
| Recycling Revenues | — | — | — | — | — | $50,236,000 | $42,820,000 | $42,191,000 |
| Resource Solutions Operations Customer Solutions | — | — | — | — | $141,799,000 | $133,771,000 | — | — |
| Resource Solutions Operations | — | — | — | — | $235,122,000 | $196,310,000 | $178,603,000 | $163,829,000 |
| Resource Solutions Operations Non-Processing | — | — | — | — | $141,799,000 | $133,771,000 | $124,622,000 | — |
| Resource Solutions Operations Processing | — | — | — | — | $93,323,000 | $62,539,000 | $53,981,000 | — |
| Solid Waste Operations Collection | — | — | — | — | $442,685,000 | $391,438,000 | $372,041,000 | $303,418,000 |
| Solid Waste Operations Disposal | — | — | — | — | $196,985,000 | $175,546,000 | $181,895,000 | $181,110,000 |
| Solid Waste Operations | — | — | — | — | $654,089,000 | $578,274,000 | $564,687,000 | $496,831,000 |
| Solid Waste Operations Power Generation | — | — | — | — | $5,138,000 | $4,072,000 | $3,576,000 | $5,129,000 |
| Solid Waste Operations Processing | — | — | — | — | $9,281,000 | $7,218,000 | $7,175,000 | $7,174,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Solid Waste Operations | $173,503,000 | $154,780,000 | $149,790,000 | $139,993,000 | — | — | — | — |
| Resource Solutions Region | $29,168,000 | $28,420,000 | $16,410,000 | $25,731,000 | $17,591,000 | $7,357,000 | $5,807,000 | -$1,916,000 |
| Eastern Region | — | — | $27,198,000 | $16,559,000 | $12,937,000 | $11,635,000 | $9,503,000 | $4,684,000 |
| Mid-Atlantic Region | — | — | -$5,790,000 | $0 | $0 | — | — | — |
| Recycling | — | — | — | — | — | — | -$814,000 | -$7,805,000 |
| Western Region | — | — | $62,318,000 | $65,453,000 | $49,035,000 | $42,688,000 | $42,019,000 | $41,631,000 |
| All Other Segments | — | — | — | — | — | — | $2,503,000 | $1,325,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Western Region | — | — | 12.9% | 14.7% | 12.6% | 11.9% | 12.2% | 14.3% |
| Eastern Region | — | — | 6.8% | 4.9% | 4.9% | 5.3% | 4.3% | 2.3% |
| Resource Solutions Region | 8.1% | 8.6% | 5.6% | 8.6% | 7.5% | 3.7% | 3.3% | -1.2% |
| Mid-Atlantic Region | — | — | -6.5% | — | — | — | — | — |
| Recycling | — | — | — | — | — | — | -1.9% | -18.5% |
| All Other Segments | — | — | — | — | — | — | 1.8% | 1.1% |
Key facts
CIK
911177
CUSIP
147448104
13F (30d)
280 filings
280 filers
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