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) Return on invested capital

Alert me on Return on invested capital

Casella Waste Systems, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 1.42%, down 0.1 percentage points from fiscal 2025 (1.53%). Over the past ten years it has ranged from −1.78% (fiscal 2017) to 5.84% (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 1.86%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 1.53% (0.45)
FY2024 1.98% (0.75)
FY2023 2.73% (3.11)
FY2022 5.84% 0.68
FY2021 5.16% 0.20
FY2020 4.96% (0.28)
FY2019 5.24% 0.51
FY2018 4.73% 6.51
FY2017 −1.78% (7.61)
FY2016 5.83% 1.71

Against its own ten years

Low −1.78% High 5.84%
Ten-year median 4.73%
Current reading's percentile 18

Return on invested capital against peers

Company Return on invested capital
CLH Clean Harbors, Inc. compare 9.84%
WM Waste Management, Inc. compare 9.09%
RSG Republic Services, Inc. compare 8.25%
WCN Waste Connections, Inc. compare 6.37%
GFL GFL Environmental Inc. compare 1.45%
ONT Onterris, Inc. compare 1.43%
CWST Casella Waste Systems, Inc. 1.42%
OIO ESGL Holdings Limited compare 0.00%
NVRI Enviri Corporation compare −19.3%
Waste Management industry median 0.00%
Industrials sector median 1.86%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on CWST