Casella 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

99.81 0.93 +0.94%
Market cap
$6.4B
P/E
1,109×
Fwd P/E
1,831×
Dividend yield
—
F-score
5/9
Altman Z
2.74
Beneish M
−2.82
Dividend safety
n/a

Casella Waste Systems, Inc. (CWST) Operating margin

Alert me on Operating margin

Casella Waste Systems, Inc.'s operating margin over the twelve months to 30 June 2026 was 3.38%, down 0.1 percentage points from fiscal 2025 (3.47%). Over the past ten years it has ranged from −2.10% (fiscal 2017) to 8.79% (fiscal 2022); the current reading is higher than 18% of that period. That is above the Waste Management industry median of 0.00% and below the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 3.47% (1.20)
FY2024 4.67% (1.69)
FY2023 6.36% (2.43)
FY2022 8.79% 0.06
FY2021 8.73% 1.07
FY2020 7.66% 0.52
FY2019 7.14% 1.13
FY2018 6.01% 8.11
FY2017 −2.10% (10.05)
FY2016 7.95% 2.12

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 3.67% 2.61
Mar 2026 1.06% (1.47)
Dec 2025 2.53% (3.52)
Sep 2025 6.05% 1.91
42 more quarters

Against its own ten years

Low −2.10% High 8.79%
Ten-year median 6.36%
Current reading's percentile 12

Operating margin against peers

Company Operating margin
RSG Republic Services, Inc. compare 20.0%
WM Waste Management, Inc. compare 18.4%
WCN Waste Connections, Inc. compare 17.7%
CLH Clean Harbors, Inc. compare 13.2%
GFL GFL Environmental Inc. compare 7.39%
CWST Casella Waste Systems, Inc. 3.38%
ONT Onterris, Inc. compare 1.34%
OIO ESGL Holdings Limited compare 0.00%
NVRI Enviri Corporation compare −11.2%
Waste Management industry median 0.00%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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