Casella Waste Systems, Inc. (CWST) 10-Year Financial Performance & Capital Metrics

CWST • • Industrial / General

IndustrialsWaste ManagementSolid Waste ManagementRegional Solid Waste Operators

AboutCasella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers. The company provides a range of non-hazardous solid waste services, including collections, transfer stations, and disposal facilities. It also markets recyclable metals, aluminum, plastics, and paper and corrugated cardboard that are processed at its facilities, as well as recyclables purchased from third parties. In addition, the company is involved in commodity brokerage operations. As of January 31, 2022, it owned and/or operated 50 solid waste collection operations, 65 transfer stations, 23 recycling facilities, 8 Subtitle D landfills, 3 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.Show more

Revenue $1.56B +23.1%
EBITDA $351M +16.2%
Net Income $14M -46.7%
EPS (Diluted) 0.23 -50.0%
Gross Margin 18.95% -8.5%
EBITDA Margin 22.53% -5.6%
Operating Margin 6.7% -20.1%
Net Margin 0.87% -56.7%
ROE 1.05% -68.5%
ROIC 3.64% -31.0%
Debt/Equity 0.78 -28.8%
Interest Coverage 1.93 -24.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 15.9%

✗Weaknesses

✗Profits declining 15.6% over 5 years

Price & Volume

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Growth Metrics

Revenue CAGR

10Y12.08%

5Y15.94%

3Y20.54%

TTM20.54%

Profit (Net Income) CAGR

10Y-

5Y-15.62%

3Y-30.94%

TTM122.78%

EPS CAGR

10Y-

5Y-19.01%

3Y-34%

TTM108.05%

ROCE

10Y Avg7.37%

5Y Avg6.64%

3Y Avg6.16%

Latest3.95%

Peer Comparison

Regional Solid Waste Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CWSTCasella Waste Systems, Inc.	6.55B	104.79	455.61	23.15%	0.85%	0.97%	1.19%	0.78
AWXAvalon Holdings Corporation	8.78M	2.67	7.85	4.07%	0.23%	0.48%	12.76%	0.94
QRHCQuest Resource Holding Corporation	41.32M	1.98	-2.71	0.05%	-8.89%	-55.31%		1.46

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	546.5M	565.03M	599.31M	660.66M	743.29M	774.58M	889.21M	1.09B	1.26B	1.56B
Revenue Growth %	0.1%	0.03%	0.06%	0.1%	0.13%	0.04%	0.15%	0.22%	0.17%	0.23%
Cost of Goods Sold+	445.32M	443.83M	467.29M	523.8M	588.45M	606.43M	685.99M	849.47M	1B	1.26B
COGS % of Revenue	0.81%	0.79%	0.78%	0.79%	0.79%	0.78%	0.77%	0.78%	0.79%	0.81%
Gross Profit+	101.18M	121.2M	132.02M	136.86M	154.84M	168.16M	203.22M	235.62M	261.8M	295.04M
Gross Margin %	0.19%	0.21%	0.22%	0.21%	0.21%	0.22%	0.23%	0.22%	0.21%	0.19%
Gross Profit Growth %	0%	0.2%	0.09%	0.04%	0.13%	0.09%	0.21%	0.16%	0.11%	0.13%
Operating Expenses+	72.89M	75.36M	79.24M	84.79M	96.37M	102.41M	118.83M	133.42M	155.85M	190.75M
OpEx % of Revenue	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.12%	0.12%	0.12%
Selling, General & Admin	71.55M	74.25M	78.95M	84.79M	92.78M	102.41M	118.83M	133.42M	155.85M	190.75M
SG&A % of Revenue	0.13%	0.13%	0.13%	0.13%	0.12%	0.13%	0.13%	0.12%	0.12%	0.12%
Research & Development	0	0	0	311K	0	0	0	0	0	0
R&D % of Revenue	-	-	-	0%	-	-	-	-	-	-
Other Operating Expenses	1.34M	1.11M	290K	0	3.59M	0	0	0	0	0
Operating Income+	28.29M	45.84M	52.78M	52.07M	58.47M	65.75M	84.38M	102.2M	105.95M	104.29M
Operating Margin %	0.05%	0.08%	0.09%	0.08%	0.08%	0.08%	0.09%	0.09%	0.08%	0.07%
Operating Income Growth %	-0.14%	0.62%	0.15%	-0.01%	0.12%	0.12%	0.28%	0.21%	0.04%	-0.02%
EBITDA+	103.87M	121.5M	129.01M	138.01M	154.8M	163.62M	209.13M	250.37M	301.86M	350.79M
EBITDA Margin %	0.19%	0.22%	0.22%	0.21%	0.21%	0.21%	0.24%	0.23%	0.24%	0.23%
EBITDA Growth %	0%	0.17%	0.06%	0.07%	0.12%	0.06%	0.28%	0.2%	0.21%	0.16%
D&A (Non-Cash Add-back)	75.58M	75.66M	76.23M	85.94M	96.33M	97.87M	124.74M	148.16M	195.91M	246.51M
EBIT	29.99M	33.48M	-11.47M	32.69M	54.33M	56.99M	84.04M	100.13M	78.26M	75.02M
Net Interest Income+	-40.09M	-38.65M	-25.31M	-26.38M	-24.18M	-18.39M	-25.69M	-24.46M	-30.48M	-43.54M
Interest Income	330K	290K	273K	273K	367K	303K	302K	709K	10.74M	10.43M
Interest Expense	40.42M	38.94M	25.58M	26.66M	24.55M	18.69M	25.99M	25.16M	41.22M	53.97M
Other Income/Expense	-38.72M	-52.21M	-89.83M	-46.03M	-28.69M	-27.44M	-26.34M	-27.24M	-68.91M	-83.24M
Pretax Income+	-10.43M	-6.36M	-37.05M	6.04M	29.78M	38.3M	58.05M	74.97M	37.05M	21.05M
Pretax Margin %	-0.02%	-0.01%	-0.06%	0.01%	0.04%	0.05%	0.07%	0.07%	0.03%	0.01%
Income Tax+	1.35M	494K	-15.25M	-384K	-1.87M	-52.8M	16.95M	21.89M	11.65M	7.51M
Effective Tax Rate %	1.24%	1.08%	0.59%	1.06%	1.06%	2.38%	0.71%	0.71%	0.69%	0.64%
Net Income+	-12.97M	-6.85M	-21.8M	6.42M	31.65M	91.11M	41.1M	53.08M	25.4M	13.54M
Net Margin %	-0.02%	-0.01%	-0.04%	0.01%	0.04%	0.12%	0.05%	0.05%	0.02%	0.01%
Net Income Growth %	0.44%	0.47%	-2.18%	1.29%	3.93%	1.88%	-0.55%	0.29%	-0.52%	-0.47%
Net Income (Continuing)	-11.78M	-6.86M	-21.8M	6.42M	31.65M	91.11M	41.1M	53.08M	25.4M	13.54M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	-74K	-24K	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.32	-0.17	-0.52	0.15	0.66	1.86	0.80	1.03	0.46	0.23
EPS Growth %	0.45%	0.47%	-2.06%	1.29%	3.4%	1.82%	-0.57%	0.29%	-0.55%	-0.5%
EPS (Basic)	-0.32	-0.17	-0.52	0.15	0.67	1.87	0.80	1.03	0.46	0.23
Diluted Shares Outstanding	40.64M	41.23M	41.85M	44.17M	47.97M	49.05M	51.52M	51.77M	55.27M	59.58M
Basic Shares Outstanding	40.64M	40.29M	41.85M	42.69M	47.23M	48.79M	51.31M	51.62M	55.17M	59.58M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	76.67M	78.59M	84.38M	97.09M	102.81M	247.25M	146.48M	207.48M	426.32M	613.3M
Cash & Short-Term Investments	2.31M	2.54M	2M	4.01M	3.47M	154.34M	33.81M	71.15M	220.91M	383.3M
Cash Only	2.31M	2.54M	2M	4.01M	3.47M	154.34M	33.81M	71.15M	220.91M	383.3M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	60.82M	61.85M	66.47M	77.19M	81.46M	74.43M	86.98M	100.89M	160.41M	175.2M
Days Sales Outstanding	40.62	39.95	40.49	42.65	40	35.07	35.7	33.94	46.3	41.06
Inventory	4.28M	4.92M	6.53M	6.54M	7.68M	7.87M	9.73M	13.47M	17.86M	21.54M
Days Inventory Outstanding	3.51	4.04	5.1	4.56	4.76	4.74	5.18	5.79	6.5	6.23
Other Current Assets	1.59M	1.29M	1.08M	2.01M	1.21M	1.33M	3.2M	6.79M	9.92M	10.21M
Total Non-Current Assets+	557M	552.92M	530.57M	635.32M	829.37M	946.64M	1.14B	1.24B	2.11B	2.71B
Property, Plant & Equipment	402.25M	398.47M	361.55M	404.58M	551.85M	605.82M	738.4M	812.61M	1.08B	1.26B
Fixed Asset Turnover	1.36x	1.42x	1.66x	1.63x	1.35x	1.28x	1.20x	1.34x	1.17x	1.23x
Goodwill	118.98M	119.9M	122.61M	162.73M	185.82M	194.9M	232.86M	274.46M	735.67M	1B
Intangible Assets	9.25M	7.7M	8.15M	34.77M	58.72M	58.32M	93.72M	91.78M	241.43M	313.47M
Long-Term Investments	14.58M	13.34M	13.55M	12.99M	12.85M	13.11M	13.81M	20.33M	17.58M	17.5M
Other Non-Current Assets	11.94M	13.53M	13.15M	10.65M	11.55M	13.32M	14.35M	19.65M	21.84M	20.66M
Total Assets+	633.67M	631.51M	614.95M	732.41M	932.18M	1.19B	1.28B	1.45B	2.54B	3.33B
Asset Turnover	0.86x	0.89x	0.97x	0.90x	0.80x	0.65x	0.69x	0.75x	0.50x	0.47x
Asset Growth %	-0.05%	-0%	-0.03%	0.19%	0.27%	0.28%	0.08%	0.13%	0.75%	0.31%
Total Current Liabilities+	85.35M	82.43M	88.57M	111.5M	130.59M	131.21M	152.19M	177.6M	278.86M	307.32M
Accounts Payable	44.92M	45M	47.08M	57.29M	64.4M	49.2M	63.09M	74.2M	116.79M	111.09M
Days Payables Outstanding	36.82	37.01	36.77	39.92	39.94	29.61	33.57	31.88	42.51	32.12
Short-Term Debt	1.45M	4.69M	4.93M	2.3M	13.66M	17.79M	17.21M	15.97M	35.78M	52.91M
Deferred Revenue (Current)	0	0	0	0	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	30.8M	20.24M	24.38M	40.94M	35.86M	35.71M	46.28M	53.13M	63.12M	60.01M
Current Ratio	0.90x	0.95x	0.95x	0.87x	0.79x	1.88x	0.96x	1.17x	1.53x	2.00x
Quick Ratio	0.85x	0.89x	0.88x	0.81x	0.73x	1.82x	0.90x	1.09x	1.46x	1.93x
Cash Conversion Cycle	7.31	6.99	8.81	7.28	4.82	10.2	7.31	7.84	10.29	15.17
Total Non-Current Liabilities+	569.92M	573.64M	564.24M	636.75M	678.84M	700.55M	708.93M	773.72M	1.23B	1.47B
Long-Term Debt	505.99M	503.96M	477.58M	542M	494.8M	504.53M	505.02M	545.36M	967.03M	1.04B
Capital Lease Obligations	0	0	0	0	84.93M	86.86M	93.86M	97M	106.71M	114.16M
Deferred Tax Liabilities	5.59M	6.18M	2.31M	2.52M	2.64M	912K	868K	437K	627K	115.77M
Other Non-Current Liabilities	58.34M	63.5M	84.36M	92.22M	96.47M	108.25M	109.18M	130.92M	160.46M	197.74M
Total Liabilities	655.27M	656.06M	652.81M	748.24M	809.43M	831.76M	861.12M	951.32M	1.51B	1.78B
Total Debt+	507.43M	508.65M	482.5M	544.3M	593.39M	617.72M	616.09M	665.33M	1.12B	1.21B
Net Debt	505.12M	506.1M	480.51M	540.29M	589.92M	463.38M	582.28M	594.18M	897.64M	824.69M
Debt / Equity	-	-	-	-	4.83x	1.71x	1.46x	1.34x	1.09x	0.78x
Debt / EBITDA	4.89x	4.19x	3.74x	3.94x	3.83x	3.78x	2.95x	2.66x	3.71x	3.44x
Net Debt / EBITDA	4.86x	4.17x	3.72x	3.91x	3.81x	2.83x	2.78x	2.37x	2.97x	2.35x
Interest Coverage	0.70x	1.18x	2.06x	1.95x	2.38x	3.52x	3.25x	4.06x	2.57x	1.93x
Total Equity+	-21.6M	-24.55M	-37.86M	-15.83M	122.75M	362.14M	422.46M	497.9M	1.02B	1.55B
Equity Growth %	-0.8%	-0.14%	-0.54%	0.58%	8.75%	1.95%	0.17%	0.18%	1.05%	0.52%
Book Value per Share	-0.53	-0.60	-0.90	-0.36	2.56	7.38	8.20	9.62	18.49	26.03
Total Shareholders' Equity	-21.52M	-24.53M	-37.86M	-15.83M	122.75M	362.14M	422.46M	497.9M	1.02B	1.55B
Common Stock	411K	416K	423K	429K	478K	511K	514K	517K	580K	634K
Retained Earnings	-366.46M	-373.31M	-395.11M	-388.67M	-357.02M	-266.1M	-225M	-171.92M	-146.52M	-132.99M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	7K	-68K	184K	-1.31M	-6.04M	-11.52M	-5.1M	7.54M	-1.08M	3.31M
Minority Interest	-74K	-24K	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	70.51M	80.43M	107.54M	120.83M	116.83M	139.92M	182.74M	217.31M	233.09M	281.36M
Operating CF Margin %	0.13%	0.14%	0.18%	0.18%	0.16%	0.18%	0.21%	0.2%	0.18%	0.18%
Operating CF Growth %	0.84%	0.14%	0.34%	0.12%	-0.03%	0.2%	0.31%	0.19%	0.07%	0.21%
Net Income	-12.97M	-6.85M	-21.8M	6.42M	31.65M	91.11M	41.1M	53.08M	25.4M	13.54M
Depreciation & Amortization	75.58M	75.66M	76.23M	85.94M	96.33M	97.87M	124.74M	148.16M	195.91M	246.51M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	795K	583K	-15.53M	1.25M	-1.24M	-52.29M	15.07M	16.53M	7.39M	6.89M
Other Non-Cash Items	5.74M	20.44M	73.22M	32.56M	18.7M	28.4M	14.89M	10.79M	23.97M	45.02M
Working Capital Changes	1.36M	-9.39M	-4.58M	-5.34M	-28.61M	-25.17M	-13.07M	-11.25M	-19.57M	-30.6M
Change in Receivables	-4.42M	-1.03M	-4.66M	-5.83M	-5.46M	5.82M	-7.42M	-7.1M	-39.44M	1.25M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	-3.6M	76K	2.08M	9.09M	6.76M	-15.23M	13.89M	11.07M	41.59M	-13.63M
Cash from Investing+	-48.78M	-62.96M	-76.45M	-164.2M	-177.46M	-140.03M	-293.15M	-206.92M	-1.01B	-670.61M
Capital Expenditures	-55.38M	-61.49M	-72.1M	-80.65M	-103.17M	-108.11M	-123.3M	-130.96M	-154.91M	-203.51M
CapEx % of Revenue	0.1%	0.11%	0.12%	0.12%	0.14%	0.14%	0.14%	0.12%	0.12%	0.13%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	546K	0	0	4.5M	332K	0	0	0	0	146K
Cash from Financing+	-21.62M	-17.24M	-31.64M	45.38M	60.1M	150.98M	-10.12M	26.95M	922.3M	551.64M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	3.16M	1.35M	0	0	0	0	0	-1M	0	-1.4M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	15.13M	18.95M	35.44M	40.19M	13.66M	31.81M	59.44M	86.35M	78.19M	78.13M
FCF Margin %	0.03%	0.03%	0.06%	0.06%	0.02%	0.04%	0.07%	0.08%	0.06%	0.05%
FCF Growth %	1.7%	0.25%	0.87%	0.13%	-0.66%	1.33%	0.87%	0.45%	-0.09%	-0%
FCF per Share	0.37	0.46	0.85	0.91	0.28	0.65	1.15	1.67	1.41	1.31
FCF Conversion (FCF/Net Income)	-5.44x	-11.74x	-4.93x	18.82x	3.69x	1.54x	4.45x	4.09x	9.18x	20.79x
Interest Paid	0	0	0	0	0	0	19.02M	21M	43.59M	61.22M
Taxes Paid	0	0	0	0	0	0	1.44M	2.8M	10.11M	6.78M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-	59.21%	37.58%	10.48%	11.53%	3.34%	1.05%
Return on Invested Capital (ROIC)	4.22%	7.13%	8.57%	8.08%	7.09%	6.41%	6.92%	7.31%	5.28%	3.64%
Gross Margin	18.51%	21.45%	22.03%	20.72%	20.83%	21.71%	22.85%	21.71%	20.7%	18.95%
Net Margin	-2.37%	-1.21%	-3.64%	0.97%	4.26%	11.76%	4.62%	4.89%	2.01%	0.87%
Debt / Equity	-	-	-	-	4.83x	1.71x	1.46x	1.34x	1.09x	0.78x
Interest Coverage	0.70x	1.18x	2.06x	1.95x	2.38x	3.52x	3.25x	4.06x	2.57x	1.93x
FCF Conversion	-5.44x	-11.74x	-4.93x	18.82x	3.69x	1.54x	4.45x	4.09x	9.18x	20.79x
Revenue Growth	9.82%	3.39%	6.07%	10.24%	12.51%	4.21%	14.8%	22.03%	16.54%	23.15%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Collection	-	-	-	-	-	-	442.69M	539.59M	710.59M	961.78M
Collection Growth	-	-	-	-	-	-	-	21.89%	31.69%	35.35%
Solid Waste Operations Disposal	156.54M	154.21M	160.07M	-	-	-	-	-	244.58M	246.72M
Solid Waste Operations Disposal Growth	-	-1.49%	3.80%	-	-	-	-	-	-	0.87%
National Accounts	-	-	-	-	-	-	-	-	186.8M	199.41M
National Accounts Growth	-	-	-	-	-	-	-	-	-	6.75%
Resource Solutions Operations, Processing	-	-	-	-	-	-	-	-	106M	130.46M
Resource Solutions Operations, Processing Growth	-	-	-	-	-	-	-	-	-	23.08%
Solid Waste Operations Processing	6.06M	6.28M	7.99M	-	-	-	-	-	9.95M	10.96M
Solid Waste Operations Processing Growth	-	3.65%	27.25%	-	-	-	-	-	-	10.07%
Landfill - Gas To Energy	-	-	-	-	-	-	5.14M	7.52M	-	7.96M
Landfill - Gas To Energy Growth	-	-	-	-	-	-	-	46.34%	-	-
Solid Waste Operations Power Generation	6.8M	5.92M	5.38M	-	-	-	-	-	6.62M	-
Solid Waste Operations Power Generation Growth	-	-12.88%	-9.22%	-	-	-	-	-	-	-
Customer Solutions	53.33M	54.48M	60.06M	67.46M	79.46M	86.68M	-	180.83M	-	-
Customer Solutions Growth	-	2.14%	10.24%	12.33%	17.78%	9.09%	-	-	-	-
Processing Services	-	-	-	-	-	-	102.6M	129.18M	-	-
Processing Services Growth	-	-	-	-	-	-	-	25.90%	-	-
Transfer	-	-	-	-	-	-	91.28M	110.56M	-	-
Transfer Growth	-	-	-	-	-	-	-	21.12%	-	-
Landfill Revenue	-	-	-	-	-	-	91.97M	97.54M	-	-
Landfill Revenue Growth	-	-	-	-	-	-	-	6.06%	-	-
Transportation	-	-	-	-	-	-	13.73M	19.87M	-	-
Transportation Growth	-	-	-	-	-	-	-	44.70%	-	-
Non-Processing Services	-	-	-	-	-	-	141.8M	-	-	-
Non-Processing Services Growth	-	-	-	-	-	-	-	-	-	-
Organics	39.13M	41.59M	39.81M	54.17M	56.33M	59.39M	-	-	-	-
Organics Growth	-	6.27%	-4.26%	36.06%	3.97%	5.45%	-	-	-	-
Recycling Revenues	-	-	-	-	-	50.24M	-	-	-	-
Recycling Revenues Growth	-	-	-	-	-	-	-	-	-	-
Solid Waste Operations	407.69M	416.05M	437.13M	-	-	-	-	-	-	-
Solid Waste Operations Growth	-	2.05%	5.07%	-	-	-	-	-	-	-
Solid Waste Operations Collection	238.3M	249.64M	263.69M	-	-	-	-	-	-	-
Solid Waste Operations Collection Growth	-	4.76%	5.63%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Western Region	231.95M	233.17M	250.77M	286.26M	343.4M	357.99M	389.52M	445.15M	511.64M	591.21M
Western Region Growth	-	0.52%	7.55%	14.15%	19.96%	4.25%	8.81%	14.28%	14.94%	15.55%
Eastern Region	167.47M	176.54M	181.17M	206.47M	219.47M	220.28M	264.57M	340.06M	374.46M	416.68M
Eastern Region Growth	-	5.42%	2.62%	13.97%	6.30%	0.37%	20.10%	28.53%	10.12%	11.27%
Resource Solutions Region	-	-	-	-	-	196.31M	235.12M	299.88M	292.8M	329.87M
Resource Solutions Region Growth	-	-	-	-	-	-	19.77%	27.54%	-2.36%	12.66%
Mid-Atlantic Region	-	-	-	-	-	-	-	-	85.64M	219.52M
Mid-Atlantic Region Growth	-	-	-	-	-	-	-	-	-	156.33%

Frequently Asked Questions

Valuation & Price

Casella Waste Systems, Inc. (CWST) has a price-to-earnings (P/E) ratio of 455.6x. This suggests investors expect higher future growth.

Growth & Financials

Casella Waste Systems, Inc. (CWST) reported $1.80B in revenue for fiscal year 2024. This represents a 285% increase from $466.1M in 2011.

Casella Waste Systems, Inc. (CWST) grew revenue by 23.2% over the past year. This is strong growth.

Yes, Casella Waste Systems, Inc. (CWST) is profitable, generating $15.3M in net income for fiscal year 2024 (0.9% net margin).

Dividend & Returns

Casella Waste Systems, Inc. (CWST) has a return on equity (ROE) of 1.1%. This is below average, suggesting room for improvement.

Casella Waste Systems, Inc. (CWST) generated $78.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Casella Waste Systems, Inc. (CWST) 10-Year Financial Performance & Capital Metrics

CWST • • Industrial / General

IndustrialsWaste ManagementSolid Waste ManagementRegional Solid Waste Operators

Revenue $1.56B +23.1%
EBITDA $351M +16.2%
Net Income $14M -46.7%
EPS (Diluted) 0.23 -50.0%
Gross Margin 18.95% -8.5%
EBITDA Margin 22.53% -5.6%
Operating Margin 6.7% -20.1%
Net Margin 0.87% -56.7%
ROE 1.05% -68.5%
ROIC 3.64% -31.0%
Debt/Equity 0.78 -28.8%
Interest Coverage 1.93 -24.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 15.9%

✗Weaknesses

✗Profits declining 15.6% over 5 years

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y12.08%

5Y15.94%

3Y20.54%

TTM20.54%

Profit (Net Income) CAGR

10Y-

5Y-15.62%

3Y-30.94%

TTM122.78%

EPS CAGR

10Y-

5Y-19.01%

3Y-34%

TTM108.05%

ROCE

10Y Avg7.37%

5Y Avg6.64%

3Y Avg6.16%

Latest3.95%

Peer Comparison

Regional Solid Waste Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CWSTCasella Waste Systems, Inc.	6.55B	104.79	455.61	23.15%	0.85%	0.97%	1.19%	0.78
AWXAvalon Holdings Corporation	8.78M	2.67	7.85	4.07%	0.23%	0.48%	12.76%	0.94
QRHCQuest Resource Holding Corporation	41.32M	1.98	-2.71	0.05%	-8.89%	-55.31%		1.46

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	546.5M	565.03M	599.31M	660.66M	743.29M	774.58M	889.21M	1.09B	1.26B	1.56B
Revenue Growth %	0.1%	0.03%	0.06%	0.1%	0.13%	0.04%	0.15%	0.22%	0.17%	0.23%
Cost of Goods Sold+	445.32M	443.83M	467.29M	523.8M	588.45M	606.43M	685.99M	849.47M	1B	1.26B
COGS % of Revenue	0.81%	0.79%	0.78%	0.79%	0.79%	0.78%	0.77%	0.78%	0.79%	0.81%
Gross Profit+	101.18M	121.2M	132.02M	136.86M	154.84M	168.16M	203.22M	235.62M	261.8M	295.04M
Gross Margin %	0.19%	0.21%	0.22%	0.21%	0.21%	0.22%	0.23%	0.22%	0.21%	0.19%
Gross Profit Growth %	0%	0.2%	0.09%	0.04%	0.13%	0.09%	0.21%	0.16%	0.11%	0.13%
Operating Expenses+	72.89M	75.36M	79.24M	84.79M	96.37M	102.41M	118.83M	133.42M	155.85M	190.75M
OpEx % of Revenue	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.12%	0.12%	0.12%
Selling, General & Admin	71.55M	74.25M	78.95M	84.79M	92.78M	102.41M	118.83M	133.42M	155.85M	190.75M
SG&A % of Revenue	0.13%	0.13%	0.13%	0.13%	0.12%	0.13%	0.13%	0.12%	0.12%	0.12%
Research & Development	0	0	0	311K	0	0	0	0	0	0
R&D % of Revenue	-	-	-	0%	-	-	-	-	-	-
Other Operating Expenses	1.34M	1.11M	290K	0	3.59M	0	0	0	0	0
Operating Income+	28.29M	45.84M	52.78M	52.07M	58.47M	65.75M	84.38M	102.2M	105.95M	104.29M
Operating Margin %	0.05%	0.08%	0.09%	0.08%	0.08%	0.08%	0.09%	0.09%	0.08%	0.07%
Operating Income Growth %	-0.14%	0.62%	0.15%	-0.01%	0.12%	0.12%	0.28%	0.21%	0.04%	-0.02%
EBITDA+	103.87M	121.5M	129.01M	138.01M	154.8M	163.62M	209.13M	250.37M	301.86M	350.79M
EBITDA Margin %	0.19%	0.22%	0.22%	0.21%	0.21%	0.21%	0.24%	0.23%	0.24%	0.23%
EBITDA Growth %	0%	0.17%	0.06%	0.07%	0.12%	0.06%	0.28%	0.2%	0.21%	0.16%
D&A (Non-Cash Add-back)	75.58M	75.66M	76.23M	85.94M	96.33M	97.87M	124.74M	148.16M	195.91M	246.51M
EBIT	29.99M	33.48M	-11.47M	32.69M	54.33M	56.99M	84.04M	100.13M	78.26M	75.02M
Net Interest Income+	-40.09M	-38.65M	-25.31M	-26.38M	-24.18M	-18.39M	-25.69M	-24.46M	-30.48M	-43.54M
Interest Income	330K	290K	273K	273K	367K	303K	302K	709K	10.74M	10.43M
Interest Expense	40.42M	38.94M	25.58M	26.66M	24.55M	18.69M	25.99M	25.16M	41.22M	53.97M
Other Income/Expense	-38.72M	-52.21M	-89.83M	-46.03M	-28.69M	-27.44M	-26.34M	-27.24M	-68.91M	-83.24M
Pretax Income+	-10.43M	-6.36M	-37.05M	6.04M	29.78M	38.3M	58.05M	74.97M	37.05M	21.05M
Pretax Margin %	-0.02%	-0.01%	-0.06%	0.01%	0.04%	0.05%	0.07%	0.07%	0.03%	0.01%
Income Tax+	1.35M	494K	-15.25M	-384K	-1.87M	-52.8M	16.95M	21.89M	11.65M	7.51M
Effective Tax Rate %	1.24%	1.08%	0.59%	1.06%	1.06%	2.38%	0.71%	0.71%	0.69%	0.64%
Net Income+	-12.97M	-6.85M	-21.8M	6.42M	31.65M	91.11M	41.1M	53.08M	25.4M	13.54M
Net Margin %	-0.02%	-0.01%	-0.04%	0.01%	0.04%	0.12%	0.05%	0.05%	0.02%	0.01%
Net Income Growth %	0.44%	0.47%	-2.18%	1.29%	3.93%	1.88%	-0.55%	0.29%	-0.52%	-0.47%
Net Income (Continuing)	-11.78M	-6.86M	-21.8M	6.42M	31.65M	91.11M	41.1M	53.08M	25.4M	13.54M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	-74K	-24K	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.32	-0.17	-0.52	0.15	0.66	1.86	0.80	1.03	0.46	0.23
EPS Growth %	0.45%	0.47%	-2.06%	1.29%	3.4%	1.82%	-0.57%	0.29%	-0.55%	-0.5%
EPS (Basic)	-0.32	-0.17	-0.52	0.15	0.67	1.87	0.80	1.03	0.46	0.23
Diluted Shares Outstanding	40.64M	41.23M	41.85M	44.17M	47.97M	49.05M	51.52M	51.77M	55.27M	59.58M
Basic Shares Outstanding	40.64M	40.29M	41.85M	42.69M	47.23M	48.79M	51.31M	51.62M	55.17M	59.58M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	76.67M	78.59M	84.38M	97.09M	102.81M	247.25M	146.48M	207.48M	426.32M	613.3M
Cash & Short-Term Investments	2.31M	2.54M	2M	4.01M	3.47M	154.34M	33.81M	71.15M	220.91M	383.3M
Cash Only	2.31M	2.54M	2M	4.01M	3.47M	154.34M	33.81M	71.15M	220.91M	383.3M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	60.82M	61.85M	66.47M	77.19M	81.46M	74.43M	86.98M	100.89M	160.41M	175.2M
Days Sales Outstanding	40.62	39.95	40.49	42.65	40	35.07	35.7	33.94	46.3	41.06
Inventory	4.28M	4.92M	6.53M	6.54M	7.68M	7.87M	9.73M	13.47M	17.86M	21.54M
Days Inventory Outstanding	3.51	4.04	5.1	4.56	4.76	4.74	5.18	5.79	6.5	6.23
Other Current Assets	1.59M	1.29M	1.08M	2.01M	1.21M	1.33M	3.2M	6.79M	9.92M	10.21M
Total Non-Current Assets+	557M	552.92M	530.57M	635.32M	829.37M	946.64M	1.14B	1.24B	2.11B	2.71B
Property, Plant & Equipment	402.25M	398.47M	361.55M	404.58M	551.85M	605.82M	738.4M	812.61M	1.08B	1.26B
Fixed Asset Turnover	1.36x	1.42x	1.66x	1.63x	1.35x	1.28x	1.20x	1.34x	1.17x	1.23x
Goodwill	118.98M	119.9M	122.61M	162.73M	185.82M	194.9M	232.86M	274.46M	735.67M	1B
Intangible Assets	9.25M	7.7M	8.15M	34.77M	58.72M	58.32M	93.72M	91.78M	241.43M	313.47M
Long-Term Investments	14.58M	13.34M	13.55M	12.99M	12.85M	13.11M	13.81M	20.33M	17.58M	17.5M
Other Non-Current Assets	11.94M	13.53M	13.15M	10.65M	11.55M	13.32M	14.35M	19.65M	21.84M	20.66M
Total Assets+	633.67M	631.51M	614.95M	732.41M	932.18M	1.19B	1.28B	1.45B	2.54B	3.33B
Asset Turnover	0.86x	0.89x	0.97x	0.90x	0.80x	0.65x	0.69x	0.75x	0.50x	0.47x
Asset Growth %	-0.05%	-0%	-0.03%	0.19%	0.27%	0.28%	0.08%	0.13%	0.75%	0.31%
Total Current Liabilities+	85.35M	82.43M	88.57M	111.5M	130.59M	131.21M	152.19M	177.6M	278.86M	307.32M
Accounts Payable	44.92M	45M	47.08M	57.29M	64.4M	49.2M	63.09M	74.2M	116.79M	111.09M
Days Payables Outstanding	36.82	37.01	36.77	39.92	39.94	29.61	33.57	31.88	42.51	32.12
Short-Term Debt	1.45M	4.69M	4.93M	2.3M	13.66M	17.79M	17.21M	15.97M	35.78M	52.91M
Deferred Revenue (Current)	0	0	0	0	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	30.8M	20.24M	24.38M	40.94M	35.86M	35.71M	46.28M	53.13M	63.12M	60.01M
Current Ratio	0.90x	0.95x	0.95x	0.87x	0.79x	1.88x	0.96x	1.17x	1.53x	2.00x
Quick Ratio	0.85x	0.89x	0.88x	0.81x	0.73x	1.82x	0.90x	1.09x	1.46x	1.93x
Cash Conversion Cycle	7.31	6.99	8.81	7.28	4.82	10.2	7.31	7.84	10.29	15.17
Total Non-Current Liabilities+	569.92M	573.64M	564.24M	636.75M	678.84M	700.55M	708.93M	773.72M	1.23B	1.47B
Long-Term Debt	505.99M	503.96M	477.58M	542M	494.8M	504.53M	505.02M	545.36M	967.03M	1.04B
Capital Lease Obligations	0	0	0	0	84.93M	86.86M	93.86M	97M	106.71M	114.16M
Deferred Tax Liabilities	5.59M	6.18M	2.31M	2.52M	2.64M	912K	868K	437K	627K	115.77M
Other Non-Current Liabilities	58.34M	63.5M	84.36M	92.22M	96.47M	108.25M	109.18M	130.92M	160.46M	197.74M
Total Liabilities	655.27M	656.06M	652.81M	748.24M	809.43M	831.76M	861.12M	951.32M	1.51B	1.78B
Total Debt+	507.43M	508.65M	482.5M	544.3M	593.39M	617.72M	616.09M	665.33M	1.12B	1.21B
Net Debt	505.12M	506.1M	480.51M	540.29M	589.92M	463.38M	582.28M	594.18M	897.64M	824.69M
Debt / Equity	-	-	-	-	4.83x	1.71x	1.46x	1.34x	1.09x	0.78x
Debt / EBITDA	4.89x	4.19x	3.74x	3.94x	3.83x	3.78x	2.95x	2.66x	3.71x	3.44x
Net Debt / EBITDA	4.86x	4.17x	3.72x	3.91x	3.81x	2.83x	2.78x	2.37x	2.97x	2.35x
Interest Coverage	0.70x	1.18x	2.06x	1.95x	2.38x	3.52x	3.25x	4.06x	2.57x	1.93x
Total Equity+	-21.6M	-24.55M	-37.86M	-15.83M	122.75M	362.14M	422.46M	497.9M	1.02B	1.55B
Equity Growth %	-0.8%	-0.14%	-0.54%	0.58%	8.75%	1.95%	0.17%	0.18%	1.05%	0.52%
Book Value per Share	-0.53	-0.60	-0.90	-0.36	2.56	7.38	8.20	9.62	18.49	26.03
Total Shareholders' Equity	-21.52M	-24.53M	-37.86M	-15.83M	122.75M	362.14M	422.46M	497.9M	1.02B	1.55B
Common Stock	411K	416K	423K	429K	478K	511K	514K	517K	580K	634K
Retained Earnings	-366.46M	-373.31M	-395.11M	-388.67M	-357.02M	-266.1M	-225M	-171.92M	-146.52M	-132.99M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	7K	-68K	184K	-1.31M	-6.04M	-11.52M	-5.1M	7.54M	-1.08M	3.31M
Minority Interest	-74K	-24K	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	70.51M	80.43M	107.54M	120.83M	116.83M	139.92M	182.74M	217.31M	233.09M	281.36M
Operating CF Margin %	0.13%	0.14%	0.18%	0.18%	0.16%	0.18%	0.21%	0.2%	0.18%	0.18%
Operating CF Growth %	0.84%	0.14%	0.34%	0.12%	-0.03%	0.2%	0.31%	0.19%	0.07%	0.21%
Net Income	-12.97M	-6.85M	-21.8M	6.42M	31.65M	91.11M	41.1M	53.08M	25.4M	13.54M
Depreciation & Amortization	75.58M	75.66M	76.23M	85.94M	96.33M	97.87M	124.74M	148.16M	195.91M	246.51M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	795K	583K	-15.53M	1.25M	-1.24M	-52.29M	15.07M	16.53M	7.39M	6.89M
Other Non-Cash Items	5.74M	20.44M	73.22M	32.56M	18.7M	28.4M	14.89M	10.79M	23.97M	45.02M
Working Capital Changes	1.36M	-9.39M	-4.58M	-5.34M	-28.61M	-25.17M	-13.07M	-11.25M	-19.57M	-30.6M
Change in Receivables	-4.42M	-1.03M	-4.66M	-5.83M	-5.46M	5.82M	-7.42M	-7.1M	-39.44M	1.25M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	-3.6M	76K	2.08M	9.09M	6.76M	-15.23M	13.89M	11.07M	41.59M	-13.63M
Cash from Investing+	-48.78M	-62.96M	-76.45M	-164.2M	-177.46M	-140.03M	-293.15M	-206.92M	-1.01B	-670.61M
Capital Expenditures	-55.38M	-61.49M	-72.1M	-80.65M	-103.17M	-108.11M	-123.3M	-130.96M	-154.91M	-203.51M
CapEx % of Revenue	0.1%	0.11%	0.12%	0.12%	0.14%	0.14%	0.14%	0.12%	0.12%	0.13%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	546K	0	0	4.5M	332K	0	0	0	0	146K
Cash from Financing+	-21.62M	-17.24M	-31.64M	45.38M	60.1M	150.98M	-10.12M	26.95M	922.3M	551.64M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	3.16M	1.35M	0	0	0	0	0	-1M	0	-1.4M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	15.13M	18.95M	35.44M	40.19M	13.66M	31.81M	59.44M	86.35M	78.19M	78.13M
FCF Margin %	0.03%	0.03%	0.06%	0.06%	0.02%	0.04%	0.07%	0.08%	0.06%	0.05%
FCF Growth %	1.7%	0.25%	0.87%	0.13%	-0.66%	1.33%	0.87%	0.45%	-0.09%	-0%
FCF per Share	0.37	0.46	0.85	0.91	0.28	0.65	1.15	1.67	1.41	1.31
FCF Conversion (FCF/Net Income)	-5.44x	-11.74x	-4.93x	18.82x	3.69x	1.54x	4.45x	4.09x	9.18x	20.79x
Interest Paid	0	0	0	0	0	0	19.02M	21M	43.59M	61.22M
Taxes Paid	0	0	0	0	0	0	1.44M	2.8M	10.11M	6.78M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-	59.21%	37.58%	10.48%	11.53%	3.34%	1.05%
Return on Invested Capital (ROIC)	4.22%	7.13%	8.57%	8.08%	7.09%	6.41%	6.92%	7.31%	5.28%	3.64%
Gross Margin	18.51%	21.45%	22.03%	20.72%	20.83%	21.71%	22.85%	21.71%	20.7%	18.95%
Net Margin	-2.37%	-1.21%	-3.64%	0.97%	4.26%	11.76%	4.62%	4.89%	2.01%	0.87%
Debt / Equity	-	-	-	-	4.83x	1.71x	1.46x	1.34x	1.09x	0.78x
Interest Coverage	0.70x	1.18x	2.06x	1.95x	2.38x	3.52x	3.25x	4.06x	2.57x	1.93x
FCF Conversion	-5.44x	-11.74x	-4.93x	18.82x	3.69x	1.54x	4.45x	4.09x	9.18x	20.79x
Revenue Growth	9.82%	3.39%	6.07%	10.24%	12.51%	4.21%	14.8%	22.03%	16.54%	23.15%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Collection	-	-	-	-	-	-	442.69M	539.59M	710.59M	961.78M
Collection Growth	-	-	-	-	-	-	-	21.89%	31.69%	35.35%
Solid Waste Operations Disposal	156.54M	154.21M	160.07M	-	-	-	-	-	244.58M	246.72M
Solid Waste Operations Disposal Growth	-	-1.49%	3.80%	-	-	-	-	-	-	0.87%
National Accounts	-	-	-	-	-	-	-	-	186.8M	199.41M
National Accounts Growth	-	-	-	-	-	-	-	-	-	6.75%
Resource Solutions Operations, Processing	-	-	-	-	-	-	-	-	106M	130.46M
Resource Solutions Operations, Processing Growth	-	-	-	-	-	-	-	-	-	23.08%
Solid Waste Operations Processing	6.06M	6.28M	7.99M	-	-	-	-	-	9.95M	10.96M
Solid Waste Operations Processing Growth	-	3.65%	27.25%	-	-	-	-	-	-	10.07%
Landfill - Gas To Energy	-	-	-	-	-	-	5.14M	7.52M	-	7.96M
Landfill - Gas To Energy Growth	-	-	-	-	-	-	-	46.34%	-	-
Solid Waste Operations Power Generation	6.8M	5.92M	5.38M	-	-	-	-	-	6.62M	-
Solid Waste Operations Power Generation Growth	-	-12.88%	-9.22%	-	-	-	-	-	-	-
Customer Solutions	53.33M	54.48M	60.06M	67.46M	79.46M	86.68M	-	180.83M	-	-
Customer Solutions Growth	-	2.14%	10.24%	12.33%	17.78%	9.09%	-	-	-	-
Processing Services	-	-	-	-	-	-	102.6M	129.18M	-	-
Processing Services Growth	-	-	-	-	-	-	-	25.90%	-	-
Transfer	-	-	-	-	-	-	91.28M	110.56M	-	-
Transfer Growth	-	-	-	-	-	-	-	21.12%	-	-
Landfill Revenue	-	-	-	-	-	-	91.97M	97.54M	-	-
Landfill Revenue Growth	-	-	-	-	-	-	-	6.06%	-	-
Transportation	-	-	-	-	-	-	13.73M	19.87M	-	-
Transportation Growth	-	-	-	-	-	-	-	44.70%	-	-
Non-Processing Services	-	-	-	-	-	-	141.8M	-	-	-
Non-Processing Services Growth	-	-	-	-	-	-	-	-	-	-
Organics	39.13M	41.59M	39.81M	54.17M	56.33M	59.39M	-	-	-	-
Organics Growth	-	6.27%	-4.26%	36.06%	3.97%	5.45%	-	-	-	-
Recycling Revenues	-	-	-	-	-	50.24M	-	-	-	-
Recycling Revenues Growth	-	-	-	-	-	-	-	-	-	-
Solid Waste Operations	407.69M	416.05M	437.13M	-	-	-	-	-	-	-
Solid Waste Operations Growth	-	2.05%	5.07%	-	-	-	-	-	-	-
Solid Waste Operations Collection	238.3M	249.64M	263.69M	-	-	-	-	-	-	-
Solid Waste Operations Collection Growth	-	4.76%	5.63%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Western Region	231.95M	233.17M	250.77M	286.26M	343.4M	357.99M	389.52M	445.15M	511.64M	591.21M
Western Region Growth	-	0.52%	7.55%	14.15%	19.96%	4.25%	8.81%	14.28%	14.94%	15.55%
Eastern Region	167.47M	176.54M	181.17M	206.47M	219.47M	220.28M	264.57M	340.06M	374.46M	416.68M
Eastern Region Growth	-	5.42%	2.62%	13.97%	6.30%	0.37%	20.10%	28.53%	10.12%	11.27%
Resource Solutions Region	-	-	-	-	-	196.31M	235.12M	299.88M	292.8M	329.87M
Resource Solutions Region Growth	-	-	-	-	-	-	19.77%	27.54%	-2.36%	12.66%
Mid-Atlantic Region	-	-	-	-	-	-	-	-	85.64M	219.52M
Mid-Atlantic Region Growth	-	-	-	-	-	-	-	-	-	156.33%

Frequently Asked Questions

Valuation & Price

Casella Waste Systems, Inc. (CWST) has a price-to-earnings (P/E) ratio of 455.6x. This suggests investors expect higher future growth.

Growth & Financials

Casella Waste Systems, Inc. (CWST) reported $1.80B in revenue for fiscal year 2024. This represents a 285% increase from $466.1M in 2011.

Casella Waste Systems, Inc. (CWST) grew revenue by 23.2% over the past year. This is strong growth.

Yes, Casella Waste Systems, Inc. (CWST) is profitable, generating $15.3M in net income for fiscal year 2024 (0.9% net margin).

Dividend & Returns

Casella Waste Systems, Inc. (CWST) has a return on equity (ROE) of 1.1%. This is below average, suggesting room for improvement.

Casella Waste Systems, Inc. (CWST) generated $78.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.