# Casella Waste Systems Inc. (CWST)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $5.79B  
**Price:** $91.03 (+3.67%)

> Casella Waste Systems Inc. is a vertically integrated solid waste services company operating primarily in the eastern United States. It provides comprehensive resource management services, including solid waste collection, transfer, disposal, recycling, and organics processing to residential, commercial, municipal, institutional, and industrial customers. The company manages non-hazardous solid waste through collection routes, transfer stations, landfills, and specialized facilities, while also offering dumpster rentals, compactor services, and materials processing for resale and repurposing. Its operations are organized into geographical segments—Eastern, Western, Mid-Atlantic—and a Resource Solutions segment focused on industrial recycling, organics management, energy recovery, special waste handling, and professional services. Casella Waste Systems Inc. supports sustainability efforts through recycling programs and resource recovery initiatives. Founded in 1975 and headquartered in Rutland, Vermont, it plays a key role in regional waste management by serving diverse clients with integrated solutions that emphasize efficiency and environmental responsibility.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.84B | $620M | $64M | $8M | — |
| 2024 | $1.56B | $530M | $73M | $14M | — |
| 2023 | $1.26B | $433M | $80M | $25M | — |
| 2022 | $1.09B | $362M | $95M | $53M | — |
| 2021 | $889M | $307M | $78M | $41M | — |
| 2020 | $775M | $259M | $59M | $91M | — |
| 2019 | $743M | $235M | $53M | $32M | — |
| 2018 | $661M | $207M | $40M | $6M | — |
| 2017 | $599M | $194M | -$13M | -$22M | — |
| 2016 | $565M | $183M | $45M | -$7M | — |
| 2015 | $547M | $164M | $32M | -$13M | — |
| 2014 | $498M | $143M | $12M | -$23M | — |
| 2013 | $455M | $132M | $12M | -$54M | — |
| 2012 | $468M | $150M | -$11M | -$78M | — |
| 2011 | $455M | $149M | $29M | $38M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.30B | $1.73B | $1.57B | $124M | — |
| 2024 | $3.23B | $1.68B | $1.55B | $358M | — |
| 2023 | $2.54B | $1.51B | $1.02B | $221M | — |
| 2022 | $1.45B | $951M | $498M | $71M | — |
| 2021 | $1.28B | $861M | $422M | $34M | — |
| 2020 | $1.19B | $832M | $362M | $154M | — |
| 2019 | $932M | $809M | $123M | $3M | — |
| 2018 | $732M | $748M | -$16M | $4M | — |
| 2017 | $615M | $653M | -$38M | $2M | — |
| 2016 | $632M | $656M | -$25M | $3M | — |
| 2015 | $634M | $655M | -$22M | $2M | — |
| 2014 | $638M | $647M | -$8M | $2M | — |
| 2013 | $663M | $652M | $11M | $2M | — |
| 2012 | $634M | $617M | $16M | $5M | — |
| 2011 | $691M | $597M | $94M | $2M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $330M | $245M | $85M |
| 2024 | $281M | $203M | $78M |
| 2023 | $233M | $155M | $78M |
| 2022 | $217M | $131M | $86M |
| 2021 | $183M | $123M | $59M |
| 2020 | $140M | $108M | $32M |
| 2019 | $117M | $103M | $14M |
| 2018 | $121M | $73M | $48M |
| 2017 | $108M | $65M | $43M |
| 2016 | $80M | $54M | $26M |
| 2015 | $71M | $50M | $21M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CWST)