Casella Waste Systems Inc
CWST Nasdaq· Refuse Systems
Last close · Oct 27, 2026
$93.71
KIRA · Stoqly’s AI analyst, in plain words
- Casella Waste Systems Inc had $1.8B of revenue in fiscal 2025, up 18.0% on the year before. Over five years, revenue changed +18.9% a year on average.
- Its operating margin was 3.5%, down 1.2 pts: of every 100 in sales, about 3 is left after running the business.
- Casella Waste Systems Inc made $7.9M of net profit in fiscal 2025.
- Free cash flow was $84.7M in fiscal 2025, 4.6% of revenue.
- Casella Waste Systems Inc owes $1.1B more than it holds in cash, about 3.0 years of operating profit.
Market cap
$6.0B
P/E
—
Revenue
$1.8B
Net income
$7.9M
Free cash flow
$84.7M
Operating margin
3.5%
Casella Waste Systems Inc in 30 seconds · fiscal 2025
Are sales growing?
+18.0%
Yes. Sales grew 18.0% last year.
Does it make a profit?
0.4%
A little. It keeps 0.4% of every sale as profit.
Does profit turn into cash?
4.6%
Partly. 4.6% of sales ends up as free cash.
Is debt under control?
3.0x
Heavy. Repaying its debt would take 3.0 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
What Casella Waste Systems Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 20, 2026
- Legal name
- CASELLA WASTE SYSTEMS INC
- CIK
- 0000911177
Casella Waste Systems Inc · CWST
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $889M | $1.1B | $1.3B | $1.6B | $1.8B |
| Revenue growth | 14.8% | 22.0% | 16.5% | 23.2% | 18.0% |
| Gross margin | 34.5% | 33.4% | 34.2% | 34.0% | 33.8% |
| Operating margin | 8.7% | 8.8% | 6.4% | 4.7% | 3.5% |
| Net income | $41.1M | $53.1M | $25.4M | $13.5M | $7.9M |
| Net margin | 4.6% | 4.9% | 2.0% | 0.9% | 0.4% |
| Diluted EPS | $0.80 | $1.03 | $0.46 | $0.23 | $0.12 |
| Cash | |||||
| Cash from operations | $183M | $217M | $233M | $281M | $330M |
| Capital expenditure | $123M | $131M | $155M | $203M | $245M |
| Free cash flow | $59.4M | $86.4M | $78.2M | $78.1M | $84.7M |
| FCF margin | 6.7% | 8.0% | 6.2% | 5.0% | 4.6% |
| Share count change | 5.0% | 0.5% | 6.8% | 8.0% | 6.5% |
| Debt and strength | |||||
| Cash and short-term investments | $33.8M | $71.2M | $221M | $358M | $124M |
| Debt incl. finance leases | $598M | $644M | $1.1B | $1.2B | $1.2B |
| Shareholders' equity | $422M | $498M | $1.0B | $1.6B | $1.6B |
| Net debt / EBITDA | 3.1x | 2.6x | 3.5x | 2.7x | 3.0x |
| Current ratio | 1.0x | 1.2x | 1.5x | 2.0x | 1.3x |
| Interest coverage | 3.7x | 4.0x | 1.7x | 1.2x | 1.0x |
| Returns and quality | |||||
| Return on capital | 5.8% | 6.6% | 3.0% | 2.0% | 1.6% |
| Return on equity | 10.5% | 11.5% | 3.3% | 1.1% | 0.5% |
| Return on tangible equity | 42.9% | 40.3% | 56.8% | 5.8% | 5.0% |
| Piotroski F-score | 6 | 7 | 5 | 5 | 5 |
| Altman Z'' | 0.3 | 0.7 | 1.1 | 1.6 | 1.1 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$5.6M
9 insiders
Of sales under plans
9%
$0.5M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Casella Waste Systems Inc · CWST
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $93.71 a share, the company is worth $6.0B.
Source: SEC EDGAR XBRL filings (CIK 0000911177). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.