stockrowCasella Waste Systems, Inc.
CWST Industrials Waste Management
Casella Waste Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 18.0% from fiscal 2024.
- Revenue
- +16.9%
- EPS
- −25.0%
- Free cash flow
- +14.2%
- Total debt
- +18.1%
Quarter to June 2026, against a year earlier
Follow CWST
Alert me
Casella Waste Systems, Inc. (CWST) Gross margin
Casella Waste Systems, Inc.'s gross margin over the twelve months to 30 June 2026 was 33.4%, down 0.4 percentage points from fiscal 2025 (33.8%). Over the past ten years it has ranged from 30.0% (fiscal 2015) to 34.5% (fiscal 2021); the current reading is higher than 73% of that period. That is above the Waste Management industry median of 20.5% and above the Industrials sector median of 30.6%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 33.8% | (0.26) |
| FY2024 | 34.0% | (0.17) |
| FY2023 | 34.2% | 0.84 |
| FY2022 | 33.4% | (1.14) |
| FY2021 | 34.5% | 1.07 |
| FY2020 | 33.4% | 1.86 |
| FY2019 | 31.6% | 0.18 |
| FY2018 | 31.4% | (1.00) |
| FY2017 | 32.4% | (0.01) |
| FY2016 | 32.4% | 2.41 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 32.9% | 0.43 |
| Mar 2026 | 32.5% | (0.86) |
| Dec 2025 | 33.3% | (1.73) |
| Sep 2025 | 35.0% | 1.24 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| WCN Waste Connections, Inc. compare | 42.6% |
| RSG Republic Services, Inc. compare | 42.0% |
| ONT Onterris, Inc. compare | 41.5% |
| WM Waste Management, Inc. compare | 40.4% |
| CWST Casella Waste Systems, Inc. | 33.4% |
| CLH Clean Harbors, Inc. compare | 33.1% |
| GFL GFL Environmental Inc. compare | 19.5% |
| NVRI Enviri Corporation compare | 10.3% |
| OIO ESGL Holdings Limited compare | — |
| Waste Management industry median | 20.5% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on CWST
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement