CWST
Casella Waste Systems Inc
NASDAQ: CWST · INDUSTRIALS · WASTE MANAGEMENT
$78.11
+0.46% today
Updated 2026-04-29
Market cap
$4.97B
P/E ratio
650.92
P/S ratio
2.71x
EPS (TTM)
$0.12
Dividend yield
—
52W range
$74 – $121
Volume
0.9M
Casella Waste Systems Inc (CWST) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $546.99M | $579.52M | $554.24M | $522.33M | $466.06M | $480.81M | $455.33M | $497.63M | $368.37M | $546.50M | $565.03M | $599.31M | $660.66M | $743.29M | $774.58M | $889.21M | $1.09B | $1.26B | $1.56B | $1.84B |
| Revenue growth (YoY) | — | +5.9% | -4.4% | -5.8% | -10.8% | +3.2% | -5.3% | +9.3% | -26.0% | +48.4% | +3.4% | +6.1% | +10.2% | +12.5% | +4.2% | +14.8% | +22.0% | +16.5% | +23.1% | +18.0% |
| Cost of revenue | $460.78M | $444.86M | $415.74M | $375.76M | $389.33M | $379.59M | $323.01M | $451.63M | $258.65M | $445.32M | $443.83M | $467.29M | $523.80M | $588.45M | $606.43M | $685.99M | $849.47M | $1.00B | $1.26B | $1.52B |
| Gross profit | $118.74M | $109.39M | $106.59M | $90.30M | $91.48M | $75.75M | $132.32M | $100.93M | $109.72M | $101.18M | $121.20M | $132.02M | $136.86M | $154.84M | $168.16M | $203.22M | $235.62M | $261.80M | $295.04M | $313.40M |
| Gross margin | 21.7% | 18.9% | 19.2% | 17.3% | 19.6% | 15.8% | 29.1% | 20.3% | 29.8% | 18.5% | 21.5% | 22.0% | 20.7% | 20.8% | 21.7% | 22.9% | 21.7% | 20.7% | 18.9% | 17.1% |
| R&D | $752000.00 | $534000.00 | $355000.00 | — | — | $131000.00 | $0.00 | $1.39M | — | $0.00 | $0.00 | $0.00 | $311000.00 | $0.00 | $0.00 | — | — | — | — | — |
| SG&A | $74.86M | $74.18M | $72.20M | $61.87M | $60.26M | $62.13M | $58.20M | $61.87M | $45.73M | $72.89M | $75.36M | $79.24M | $84.79M | $92.78M | $102.41M | $119.41M | $133.42M | $155.85M | $190.75M | $224.22M |
| Operating income | $45.76M | $42.74M | $44.73M | $26.29M | $30.71M | $17.54M | $12.42M | $32.74M | $19.79M | $28.29M | $45.84M | $52.78M | $52.07M | $58.47M | $65.75M | $84.38M | $102.20M | $105.95M | $104.29M | $89.18M |
| Operating margin | 8.4% | 7.4% | 8.1% | 5.0% | 6.6% | 3.6% | 2.7% | 6.6% | 5.4% | 5.2% | 8.1% | 8.8% | 7.9% | 7.9% | 8.5% | 9.5% | 9.4% | 8.4% | 6.7% | 4.9% |
| EBITDA | $124.37M | $60.00M | $120.80M | $87.46M | $38.94M | $58.68M | $80.19M | $101.41M | $10.73M | $105.57M | $109.14M | $64.76M | $118.63M | $150.65M | $154.87M | $208.78M | $248.29M | $274.17M | $321.52M | $393.60M |
| EBITDA margin | 22.7% | 10.4% | 21.8% | 16.7% | 8.4% | 12.2% | 17.6% | 20.4% | 2.9% | 19.3% | 19.3% | 10.8% | 18.0% | 20.3% | 20.0% | 23.5% | 22.9% | 21.7% | 20.6% | 21.4% |
| EBIT | $40.59M | $-19.09M | $42.15M | $17.99M | $-31.59M | $-10.94M | $14.25M | $30.80M | $-30.76M | $29.99M | $33.48M | $-11.47M | $32.69M | $54.33M | $56.99M | $84.04M | $100.13M | $78.26M | $75.02M | $72.05M |
| Interest expense | $42.86M | $39.77M | $54.38M | $45.91M | $45.54M | $41.57M | $41.43M | $38.46M | $0.00 | $40.42M | $38.94M | $25.58M | $26.66M | $24.55M | $18.69M | $25.99M | $25.16M | $41.22M | $53.97M | $59.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-17.88M | $-7.83M | $-68.03M | $-13.86M | $38.43M | $-77.59M | $-54.14M | $-23.09M | $-6.02M | $-12.97M | $-6.85M | $-21.80M | $6.42M | $31.65M | $91.11M | $41.10M | $53.08M | $25.40M | $13.54M | $7.87M |
| Net income growth (YoY) | — | +56.2% | -768.2% | +79.6% | +377.3% | -301.9% | +30.2% | +57.3% | +73.9% | -115.5% | +47.2% | -218.3% | +129.5% | +393.0% | +187.8% | -54.9% | +29.1% | -52.1% | -46.7% | -41.9% |
| Profit margin | -3.3% | -1.4% | -12.3% | -2.7% | 8.2% | -16.1% | -11.9% | -4.6% | -1.6% | -2.4% | -1.2% | -3.6% | 1.0% | 4.3% | 11.8% | 4.6% | 4.9% | 2.0% | 0.9% | 0.4% |