CWST Stock — Casella Waste Systems Inc

Up next

Next earnings call

Nov 10, 2026 Est · unconfirmed · in 6 wks

Latest filing: 10-Q

filed Aug 7, 2026

Q2 2026 earnings call transcript

call held Aug 7, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$1.96B

Trailing 12 months

Net income (TTM)

$5.70M

Trailing 12 months

Revenue growth YoY

+16.9%

Year over year

Operating margin

3.4%

Trailing 12 months

P / E (TTM)

892.8

Trailing earnings · reciprocal yield 0.1%

FCF yield

2.1%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

$25.54M

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

+0.2%

Year over year · more shares

Price change (1Y)

-15.3%

Trailing year

Short interest

8.0%

Latest settlement · 11.4 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 7, 2026

Q2 FY26

TL;DR. Casella reported Q2 revenue up 16.9% to $543.7 million and adjusted EBITDA up 12.5% to $123.2 million, while raising full-year revenue guidance to $2.09–$2.11 billion (largely on acquisition and fuel recovery fees), lowering GAAP net income guidance to $0–$6 million, and flagging a 40 bps adjusted EBITDA margin headwind from fuel recovery fees and acquisition dilution.

Bullish

+ Q2 adjusted EBITDA grew 12.5% year-over-year to $123.2 million, and net cash from operations was up 15.3%.
+ Company raised full-year revenue guidance to $2.09–$2.11 billion, citing acquisition activity and higher fuel recovery fees.
+ Fuel recovery program fully offset the dollar increase in fuel costs in the quarter.
+ Adjusted free cash flow was $78.1 million in the first half, up 10.3% year-over-year, with about $500 million in available liquidity.

Bearish

− Adjusted EBITDA margin was 22.7%, down 80 basis points year-over-year, with fuel recovery fees and Resource Solutions weighing on margins.
− Company lowered full-year GAAP net income guidance to $0–$6 million from $4–$10 million on higher amortization and tax provision.
− GAAP net income was $3.8 million, down $1.4 million year-over-year, on higher D&A, interest and organics facility closure costs.
− Acquisitions to date are expected to weigh on full-year EBITDA margin by 40–50 basis points combined with the fuel recovery fee impact.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Sell

SellHoldBuy

Technical Sell Momentum Very Weak Sentiment Neutral Fundamentals Fair Quant / Vol Moderate

Market backdrop VIX 16.4 · calm Equity put/call 0.57

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −12%

below

Price vs 50-day avg −11%

below

RSI (14) 24

oversold

MACD trend Negative

52-week position 17%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Weak

1-month return −13%

trailing

6-month return −7%

trailing

YTD return −18%

this year

Relative strength −20%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $90 › 200d $91 — 200d above 50d

Institutional flow Accumulating

1 of 419 funds reported for Sep 30 · net +5 sh shares · +1 new

Insider flow Distributing

Net -$1.7M over 90 days · 100% sells

Short interest Rising

7.97% of float · ▲ +4.8% MoM · 11.4 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

419 holders — near 3-yr high, broad support

Squeeze score 64

elevated · 0–100

Fundamentals

Fair

Revenue growth +18%

Y/Y

EPS growth −48%

Y/Y

Free cash flow $84.7M

Balance sheet $1.0B

net debt

Quant / Vol

risk profile

Moderate

Volatility 35%

annualized · 1-yr

Max drawdown −30%

past year

ATR 3.1%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 2 of last 2

Latest guidance · from the 8-K filed Aug 6, 2026

fiscal year ending December 31, 2026

Net income Initiated $0 – $6M

fiscal year 2026

Adjusted EBITDA Initiated $473M – $483M

Adjusted Free Cash Flow Initiated $200M – $210M

Guided vs delivered · last 2 settled

Revenues fiscal year 2024

guided $1.48B – $1.51B

guided $1.48B – $1.51B $1.56B Beat +4.2%

Revenues fiscal year 2021

guided $870M – $880M

guided $870M – $880M $889.21M Beat +1.6%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell

3 · 4 · 0

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−12% Bearish

Price vs 50-day avg

−11% Bearish

RSI (14)

24 Neutral

MACD trend

Negative Bearish

52-week position

17% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Mixed

Trend (MA cross) No cross

50d $90 › 200d $91 — 200d above 50d

Institutional flow Accumulating

1 of 419 funds reported for Sep 30 · net +5 sh shares · +1 new

Insider flow Distributing

Net -$1.7M over 90 days · 100% sells

Short interest Rising

7.97% of float · ▲ +4.8% MoM · 11.4 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

419 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $75 Now $80 · 17% Range high $107

vs 200-day avg -12% vs 50-day avg -11%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Collection pricing as a percentage of collection revenues	6.6%	the three months ended June 30, 2026 vs. 2025 filing	—
Collection volume as a percentage of collection revenues	-2.1%	the three months ended June 30, 2026 vs. 2025 filing	—
Disposal pricing as a percentage of disposal revenues	4.7%	the three months ended June 30, 2026 vs. 2025 filing	—
Disposal volume as a percentage of disposal revenues	2.8%	the three months ended June 30, 2026 vs. 2025 filing	—
Resource Solutions National Accounts business volumes as a percentage of National Accounts reven	6.4%	the three months ended June 30, 2026 vs. 2025 filing	—
Solid waste revenues growth - Mid-Atlantic Region	23.8%	the three months ended June 30, 2026 vs. 2025 filing	—
Solid waste revenues growth - Resource Solutions	10.7%	the three months ended June 30, 2026 vs. 2025 filing	—
Solid waste revenues growth - Western Region	9.2%	the three months ended June 30, 2026 vs. 2025 filing	—
Adjusted Diluted Earnings Per Common Share non-GAAP	$0.61	Six Months Ended June 30, 2026	—
Adjusted EBITDA non-GAAP	$220.31M	Six Months Ended June 30, 2026	—
Adjusted EBITDA as a percentage of revenues non-GAAP	22%	Six Months Ended June 30, 2026	—
Adjusted Free Cash Flow non-GAAP	$78.1M	Six Months Ended June 30, 2026	—
Adjusted Net Income non-GAAP	$38.7M	Six Months Ended June 30, 2026	—
Adjusted Operating Income non-GAAP	$79.51M	Six Months Ended June 30, 2026	—
Adjusted Operating Income as a percentage of revenues non-GAAP	7.9%	Six Months Ended June 30, 2026	—
Collection price growth	5.8%	Q2 2026	—
Disposal price growth	4.7%	Q2 2026	—
Municipal solid waste and construction & demolition pricing growth at landfills	4.5%	Q2 2026	—
Solid waste pricing	5.5%	Q2 2026	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Waste Management — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
CWST Casella Waste Systems Inc this stock	$5.08B	-18.0%	+18.0%	886.9	8.0%
WM Waste Management Inc	$82.67B	-7.2%	+6.4%	29.3	1.4%
RSG Republic Services, Inc.	$64.95B	-1.0%	+3.3%	30.0	1.6%
WCN Waste Connections, Inc.	$39.21B	-12.2%	+6.1%	37.5	1.4%
CLH Clean Harbors Inc	$16.41B	+32.3%	+6.9%	42.1	2.1%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

420

% held: 121.5%
Reported: 1 of 419
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

398

View

Short & Settlement

Short Interest Rising

Shares short

5.1M

Days to cover: 11.4d
Change: +231.0K sh

View

Short Volume

Short vol %

59%

As of: Oct 1, 2026

Short Total

View

Fails to Deliver

FTD shares

20

Value: $1.8K
As of: Sep 14, 2026

View

Off-Exchange

Off-exchange %

40.7%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$1.7M

Buyers / Sellers: 0 / 2

Buyers Sellers

View

Congressional Trades Sell

Member

Jefferson Shreve

Amount: $50.0K–$100.0K
Traded: May 12, 2025

View

Financials

Revenue (FY)

$1.8B

Net income (FY): $7.9M
EPS diluted: $0.12

View

Filings

SEC Filings

Latest

8-K

Filed: Oct 1, 2026
This year: 19

View

Proposed Sales

Value

$167.0K

Shares: 1.8K
Filed: Aug 13, 2026

View

Earnings & Events

Webcasts

Last webcast

Aug 7, 2026

View

Investor Relations

	5D	20D	120D	MTD	YTD
CWST	-5.3%	-13.3%	-7.4%	-12.9%	-18.0%
SPY	-0.7%	+0.1%	+12.2%	-0.6%	+11.8%
vs SPY	-4.6%	-13.4%	-19.6%	-12.3%	-29.8%

CWST · Casella Waste Systems Inc

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance