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CASELLA WASTE SYSTEMS INC

CWST

Companies in Refuse Systems

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Financial Statements

Values in Millions ($)
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
127217---383519209189221219466
Cash Cash Equivalents And Short Term Investments
-124193218268383------
Accounts Receivable Net Current
175178193179166166168161147157140118
Income Taxes Receivable
--61199564344
Prepaid Expense Current
203027272023232115172018
Inventory Gross
--24232322201919181817
Other Assets Current
373866641891210127
Assets Current
360369448465492613743426385426413629
Property Plant And Equipment Net
----------935818
Property Plant And Equipment And Finance Lease Rig…
1,3051,2891,2691,2411,2021,1651,060987979981--
Operating Lease Right Of Use Asset
1041051081111049810298100101103105
Goodwill
1,1941,1201,1161,0891,0501,002908737737736737620
Finite Lived Intangible Assets Net
272291309315320313273217229241257187
Restricted Cash And Investments Noncurrent
3963352232252
Other Investments And Securities At Cost
111111111111111111111111
Other Assets Noncurrent
212122232325232424263029
Assets
3,2703,3033,2853,2573,2063,2303,1232,5122,4772,5352,4982,417
Deferred Income Tax Assets Net
-----0081111716
Liabilities And Stockhold…
Liabilities Current
Long Term Debt And Capital Lease Obligations Curre…
252624232143386563363433
Operating Lease Liability Current
1212121211101099999
Accounts Payable Current
90102113117103111102948011710088
Employee Related Liabilities Current
203630221733251712232115
Interest Payable Current
--4332334443
Contract With Customer Liability Current
464548445051483130311916
Accrued Capping Closure Post Closure And Environme…
781133316910111311
Other Accrued Liabilities Current
616554514357494236485445
Liabilities Current
260294297273251307291270244279253219
Long Term Debt And Capital Lease Obligations
1,1271,1291,1231,1211,1151,0911,0469779811,0081,012983
Operating Lease Liability Noncurrent
747375797264696667666971
Accrued Capping Closure Post Closure And Environme…
191185172179174169134131127123104108
Deferred Income Tax Liabilities Net
1719171614191511110
Other Liabilities Noncurrent
343534343229373032372827
Stockholders Equity
Additional Paid In Capital Common Stock
1,7001,6971,6931,6891,6851,6801,6731,1751,1711,1691,1661,163
Retained Earnings Accumulated Deficit
-131-125-123-133-138-133-138-144-151-147-145-163
Accumulated Other Comprehensive Income Loss Net Of…
-2-4-4-3-13-565-198
Stockholders Equity
1,5681,5691,5671,5541,5471,5511,5321,0381,0261,0221,0311,008
Liabilities And Stockholders Equity
3,2703,3033,2853,2573,2063,2303,1232,5122,4772,5352,4982,417
Common Class A
636363-626205057006
Common Class B
111-110001000
Allowance For Doubtful Accounts Receivable Current
777889864443
Property Plant And Equipment And Finance Lease Rig…
1,5521,4961,4461,3931,3491,3021,2621,2271,1971,1681,1371,118
Stockholders Equity Number Of Votes Each Share
00--00--00--

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20260.67%0.17%10.22%---------
2025-0.94%-0.65%-7.55%-5.68%-20.27%-21.13%7.32%11.20%19.85%-7.72%-8.88%-10.50%
20249.43%7.02%14.36%1.56%-5.34%-1.32%15.00%8.27%13.90%-6.53%0.06%3.03%
2023----0.57%4.12%-3.52%1.64%9.60%7.61%1.57%2.90%-0.23%

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Performance and Valuation Metrics

Metrics
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Liquidity Ratios
Current Ratio
1.38
1.26
1.51
1.70
1.96
2.00
2.55
1.58
1.58
1.53
1.63
2.87
Quick Ratio
1.31
1.15
1.34
1.51
1.79
1.85
2.40
1.43
1.44
1.40
1.48
2.71
Working Capital
99.71M
75.38M
151.50M
191.11M
240.31M
305.99M
451.80M
156.12M
141.28M
147.47M
160.16M
410.21M
Leverage & Debt
Debt to Equity
0.17
0.19
0.19
0.18
0.16
0.20
0.19
0.26
0.24
0.27
0.25
0.22
Interest Coverage TTM
1.04
1.02
1.13
1.06
1.12
1.17
1.08
1.23
1.36
1.69
2.20
3.00
Debt Ratio
0.08
0.09
0.09
0.08
0.08
0.10
0.09
0.11
0.10
0.11
0.10
0.09
Efficiency & Turnover
Asset Turnover TTM
0.58
0.56
0.56
0.60
0.57
0.54
0.53
0.58
0.69
0.63
0.60
0.59
Days Sales Outstanding TTM
33.15
34.18
36.66
36.06
34.90
37.88
37.79
35.59
32.88
37.27
38.50
36.84
Receivables Turnover TTM
11.01
10.68
9.96
10.12
10.46
9.64
9.66
10.26
11.10
9.79
9.48
9.91
Per Share Metrics
Diluted EPS TTM
0.11
0.12
0.24
0.17
0.20
0.23
0.12
0.33
0.31
0.46
0.61
0.76
Free Cash Flow Per Share TTM
1.61
1.33
1.23
1.43
1.50
1.31
0.95
0.87
0.99
1.42
1.54
1.55
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
33.67%
33.77%
33.75%
33.71%
34.06%
34.03%
34.14%
34.28%
34.28%
34.20%
33.97%
33.80%
Operating Profit Margin TTM
3.48%
3.47%
3.92%
3.79%
4.23%
4.67%
4.54%
5.41%
5.73%
6.36%
7.16%
7.72%
Net Profit Margin TTM
0.38%
0.43%
0.85%
0.64%
0.79%
0.87%
0.46%
1.35%
1.32%
2.01%
3.03%
3.58%
Growth Metrics
Net Revenue Growth (1Y)
14.92%
17.95%
20.54%
20.35%
21.63%
23.15%
26.53%
27.76%
20.59%
16.54%
11.60%
11.80%
Net Income Growth (1Y)
-44.39%
-41.85%
122.78%
-42.62%
-27.58%
-46.71%
-80.78%
-52.03%
-66.18%
-52.15%
-33.78%
-14.60%
EPS Growth (1Y)
-44.53%
-45.41%
106.34%
-47.46%
-33.70%
-50.64%
-81.05%
-56.34%
-69.83%
-55.23%
-40.96%
-16.61%
Valuation Metrics
P/E TTM
705.91
789.67
394.82
662.94
550.36
465.70
854.26
299.51
323.53
185.64
124.12
119.20
P/B TTM
3.21
3.96
3.84
4.71
4.57
4.06
3.82
5.56
5.59
4.61
4.29
4.74
P/S TTM
2.69
3.38
3.36
4.25
4.33
4.05
3.93
4.03
4.27
3.73
3.76
4.27
Market Cap
5.04B
6.22B
6.02B
7.32B
7.07B
6.30B
5.85B
5.77B
5.74B
4.72B
4.42B
4.78B
Enterprise Value
6.07B
7.15B
6.98B
8.25B
7.93B
7.05B
6.42B
6.60B
6.59B
5.54B
5.25B
5.33B
Calculated Values
Free Cash Flow TTM
102.33M
84.71M
78.31M
91.02M
95.35M
78.13M
55.96M
50.29M
57.41M
78.19M
89.05M
81.75M
Net Debt
1.02B
937.80M
954.15M
925.70M
866.48M
749.95M
564.90M
832.51M
854.79M
822.53M
824.31M
550.38M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-26Sale
Owner: Burke, Michael K
Title: -
Shares: 2,305
Price/Share: $87.56
Value: $201,825.80
Shares Owned: 14,048
Relationship: Director
Ownership: Direct
2026-05-19Sale
Owner: Coletta, Edmond
Title: PRESIDENT & CEO
Shares: 12,500
Price/Share: $89.70
Value: $1,121,250.00
Shares Owned: 140,118
Relationship: Officer
Ownership: Direct
2026-03-16Sale
Owner: Casella, John W
Title: -
Shares: 1,744
Price/Share: $87.77
Value: $153,070.88
Shares Owned: 30,795
Relationship: Director
Ownership: Direct
2026-03-16Sale
Owner: Drohan, Kevin
Title: VP & CHIEF ACCOUNTING OFFICER
Shares: 85
Price/Share: $87.73
Value: $7,457.05
Shares Owned: 7,873
Relationship: Officer
Ownership: Direct
2026-03-16Sale
Owner: Sayward, Shelley E.
Title: SENIOR VP & GENERAL COUNSEL
Shares: 362
Price/Share: $87.73
Value: $31,758.26
Shares Owned: 28,369
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
110.36%
Inst. Shares: 70,127,798
Shares Outstanding: 63,544,000
2025-12-31
116.95%
Inst. Shares: 74,219,726
Shares Outstanding: 63,462,000
2025-09-30
99.65%
Inst. Shares: 63,267,980
Shares Outstanding: 63,492,000
2025-06-30
98.68%
Inst. Shares: 62,626,048
Shares Outstanding: 63,461,000
2025-03-31
95.88%
Inst. Shares: 60,777,912
Shares Outstanding: 63,387,000

CASELLA WASTE SYSTEMS INC (CWST) — SEC Financial Statements & Analysis

CASELLA WASTE SYSTEMS INC (CWST) is a refuse systems company, incorporated in DE. CASELLA WASTE SYSTEMS INC trades on CWST: Nasdaq as: CWST. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), CASELLA WASTE SYSTEMS INC reported a 14.92% year-over-year revenue growth, a Gross Profit Margin of 33.67% (TTM), a Debt-to-Equity ratio of 0.17x, a Price-to-Sales (P/S) ratio of 2.69x (TTM), a Price-to-Book (P/B) ratio of 3.21 (TTM), at a market cap of $5.04B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
14.92%
Gross Profit Margin TTM
33.67%
Debt To Equity
0.17x
P/S TTM
2.69x
P/B TTM
3.21
Market Cap
$5.04B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is CASELLA WASTE SYSTEMS INC in?

CASELLA WASTE SYSTEMS INC (CWST) operates in the Refuse Systems industry.

What is CWST's market cap?

CASELLA WASTE SYSTEMS INC (CWST) has a market capitalization of $5.04B as of 2026-03-31.

What is CWST's P/E ratio?

CASELLA WASTE SYSTEMS INC (CWST)'s trailing twelve month P/E ratio is 705.91x as of 2026-03-31.

What exchange does CWST trade on?

CASELLA WASTE SYSTEMS INC (CWST) trades on the CWST: Nasdaq.

Where is CASELLA WASTE SYSTEMS INC incorporated?

CASELLA WASTE SYSTEMS INC is incorporated in DE.

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CASELLA WASTE SYSTEMS INC (CWST) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 50+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.