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Friday 6 November 2026 Export CWST’s income statement to Excel — free account

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

96.52 3.54 −3.54%
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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Casella Waste Systems, Inc. (CWST) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Casella Waste Systems, Inc. (CWST) trades at a P/B ratio of 4.0×. Over the past ten years it has ranged from 0.0× (March 2019) to 22.9× (August 2019); the current reading is higher than 45% of that period. That is above the Waste Management industry median of 1.2× and above the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 4.0× (2.52%)
FY2024 4.1× (11.11%)
FY2023 4.6× (44.06%)
FY2022 8.2× (21.21%)
FY2021 10.4× 24.30%
FY2020 8.3× (52.87%)
FY2019 17.7× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.9× 21.45%
Mar 2026 3.2× (18.87%)
Dec 2025 4.0× 3.09%
Sep 2025 3.8× (18.42%)
42 more quarters

Against its own ten years

Low 0.0× High 22.9×
Ten-year median 4.2×
Current reading's percentile 15

P/B ratio against peers

Company P/B ratio
OIO ESGL Holdings Limited compare 0.1×
NVRI Enviri Corporation compare 0.9×
ONT Onterris, Inc. compare 1.5×
GFL GFL Environmental Inc. compare 2.1×
CWST Casella Waste Systems, Inc. 4.0×
CLH Clean Harbors, Inc. compare 4.7×
WCN Waste Connections, Inc. compare 6.1×
RSG Republic Services, Inc. compare 6.2×
WM Waste Management, Inc. compare 9.7×
Waste Management industry median 1.2×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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