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    Casella Waste Systems Inc (CWST)

    Official site

    INDUSTRIALS • WASTE MANAGEMENT • NASDAQ

    $86.50
    +4.65 (+5.68%)

    Market Cap: $5.60B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    72%(28/39)
    Avg Surprise
    +24.13%
    Streak
    7 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.38
    Range$0.19 - $0.49
    11 analysts
    EPS Revisions
    3
    0
    7d
    3
    7
    30d
    EPS Estimate DriftChange to current
    90d ago$0.40-4.2%
    60d ago$0.39-3.1%
    30d ago$0.39-1.6%
    7d ago$0.38-1.1%
    Current$0.38
    Revenue Consensus
    $564M
    Range$555M - $585M
    9 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.45
    Range$0.19 - $0.66
    11 analysts
    Revenue Consensus
    $562M
    Range$556M - $573M
    10 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.45---
    Sep 26EST
    		-$0.38---
    Jun 26
    Reported Aug 6
    		$0.40$0.27+48.15%Beat+11.1%
    Mar 26
    Reported Apr 30
    		$0.20$0.12+66.67%Beat+5.3%
    Dec 25
    Reported Feb 19
    		$0.30$0.25+21.02%Beat-26.8%
    Sep 25
    Reported Oct 30
    		$0.42$0.32+31.25%Beat+55.6%
    Jun 25
    Reported Jul 31
    		$0.36$0.33+9.09%Beat+63.6%
    Mar 25
    Reported May 1
    		$0.19$0.10+90.00%Beat+2000.0%
    Dec 24
    Reported Feb 12
    		$0.41$0.16+156.25%Beat+215.4%
    Sep 24
    Reported Oct 30
    		$0.27$0.28-3.57%Miss-22.9%
    Jun 24
    Reported Aug 1
    		$0.22$0.28-21.43%Miss-38.9%
    Mar 24
    Reported Apr 25
    		$-0.01$-0.02+50.00%Beat-110.0%
    Dec 23
    Reported Feb 15
    		$0.13$0.16-18.75%Miss-27.8%
    Sep 23
    Reported Nov 1
    		$0.35$0.42-16.67%Miss-22.2%
    Jun 23
    Reported Jul 27
    		$0.36$0.37-2.70%Miss+0.0%
    Mar 23
    Reported Apr 27
    		$0.10$0.07+42.86%Beat-9.1%
    Dec 22
    Reported Feb 16
    		$0.18$0.23-21.74%Miss-14.3%
    Sep 22
    Reported Oct 27
    		$0.45$0.36+25.00%Beat+32.4%
    Jun 22
    Reported Jul 28
    		$0.36$0.27+33.33%Beat+44.0%
    Mar 22
    Reported Apr 28
    		$0.11$0.10+10.00%Beat+22.2%
    Dec 21
    Reported Feb 17
    		$0.21$0.18+16.67%Beat+23.5%
    Sep 21
    Reported Oct 28
    		$0.34$0.27+25.93%Beat-8.1%
    Jun 21
    Reported Jul 29
    		$0.25$0.24+4.17%Beat-7.4%
    Mar 21
    Reported Apr 29
    		$0.09$0.04+125.00%Beat+80.0%
    Dec 20
    Reported Feb 18
    		$0.17$0.14+21.43%Beat-19.0%
    Sep 20
    Reported Oct 29
    		$0.37$0.29+27.59%Beat+0.0%
    Jun 20
    Reported Aug 3
    		$0.27$0.04+575.00%Beat+0.0%
    Mar 20
    Reported May 7
    		$0.05$-0.03+266.67%Beat+600.0%
    Dec 19
    Reported Feb 20
    		$0.21$0.21+0.00%Beat+133.3%
    Sep 19
    Reported Oct 31
    		$0.37$0.33+12.12%Beat+23.3%
    Jun 19
    Reported Aug 1
    		$0.27$0.27+0.00%Beat+22.7%
    Mar 19
    Reported Apr 30
    		$-0.01N/A+66.67%Beat+89.2%
    Dec 18
    Reported Feb 21
    		$0.09$0.11-18.18%Miss-18.2%
    Sep 18
    Reported Nov 1
    		$0.30$0.32-6.25%Miss+0.0%
    Jun 18
    Reported Aug 2
    		$0.22$0.23-4.35%Miss-12.0%
    Mar 18
    Reported May 3
    		$-0.09$-0.01-823.00%Miss-823.0%
    Dec 17
    Reported Mar 1
    		$0.11$0.12-8.33%Miss+120.0%
    Sep 17
    Reported Nov 1
    		$0.30$0.30+0.00%Beat-
    Jun 17
    Reported Aug 2
    		$0.25$0.23+8.70%Beat-
    Mar 17
    Reported May 4
    		$-0.01N/A+85.71%Beat-
    Dec 16
    Reported Mar 1
    		$0.05$0.03+66.67%Beat-

    Key Metrics

    Valuation
    P/E Ratio65.53EV/EBITDA17.17x
    Price/FCF52.13xFCF Yield1.92%
    Profitability
    Profit Margin0.29%Operating Margin4.99%
    ROE0.36%ROIC1.62%
    Financial Health
    Debt/Equity0.85xInterest Coverage1.14x
    Current Ratio0.99xQuick Ratio0.99x
    Trading Statistics
    Beta0.78Avg Volume647.18K
    52-Week High$107.9652-Week Low$74.05

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$83.86
    SMA 20$83.58
    SMA 50$88.46
    SMA 200$90.53
    EMA 10$84.08
    EMA 20$84.67
    EMA 50$87.09
    EMA 200$90.86

    MACD

    Line: -1.20Signal: -1.81Hist: 0.61

    ADX

    ADX: 24.4+DI: 15.1-DI: 22.5

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down60.0
    PSAR$80.48

    Bollinger Bands

    Upper Band$88.74
    Lower Band$78.42
    %B Position1236%(Upper)
    Band Width0.78

    RSI (14-Day)

    Neutral
    52.8

    Momentum Oscillators

    Stoch %K79.7
    Stoch %D79.3
    Williams %R-2.3
    ROC (10d)10.8%
    Momentum8.43
    CCI (20d)62.3
    MFI (14d)49.3

    Volatility Measures

    ATR (14d)$2.95(3.4%)
    StdDev (20d)2.58
    Hist Vol39.9%(Moderate)

    Volume Flow

    VWAP$85.36
    OBV-13.7M
    AD Line-10.5M
    CMF (20d)0.016

    Volume Metrics

    Avg Vol (20d)669.1K
    Vol Ratio1.1x
    VWMA (20d)$83.69

    Pivot Points

    R3$89.15
    R2$87.27
    R1$84.56
    Pivot Point$82.68
    S1$79.97
    S2$78.09
    S3$75.38

    Advanced Oscillators

    TSI-13.69
    Ultimate Osc59.4
    KST-74.35

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$543.75M$457.33M$469.06M$485.35M$465.33M$417.10M$427.49M$411.63M$377.16M$341.01M$359.57M$352.74M
    Cost of Revenue$364.95M$386.91M$392.33M$315.30M$385.08M$351.94M$352.00M$326.29M$299.13M$284.83M$293.78M$274.04M
    Gross Profit$178.80M$70.42M$76.72M$170.05M$80.26M$65.16M$75.49M$85.34M$78.04M$56.18M$65.78M$78.70M
    Operating Expenses$158.84M$58.13M$55.94M$136.10M$54.52M$56.49M$52.21M$47.03M$47.18M$44.33M$43.13M$41.18M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$62.30M$57.00M$56.32M$57.20M$54.52M$56.49M$52.21M$47.03M$47.18M$44.33M$43.13M$40.50M
    Operating Income$19.96M$12.29M$20.79M$33.95M$25.73M$8.67M$23.28M$38.31M$30.85M$11.85M$22.66M$37.52M
    Interest Income$515,000$1.33M$1.87M$2.03M$2.67M$3.38M$3.61M$1.38M$2.63M$2.81M$2.92M$5.53M
    Interest Expense$17.94M$15.13M$15.41M$15.95M$14.68M$13.97M$13.92M$13.46M$13.04M$13.55M$13.69M$13.94M
    Income Before Tax$3.37M$-8,824,000$-1,590,000$15.89M$6.89M$-8,135,000$5.71M$10.42M$10.80M$-5,883,000$1.04M$24.19M
    Income Tax Expense$-405,000$-3,285,000$921,000$5.91M$1.68M$-3,325,000$835,000$4.65M$3.79M$-1,766,000$2.85M$6.02M
    Net Income$3.77M$-5,539,000$-2,511,000$9.98M$5.21M$-4,810,000$4.88M$5.77M$7.01M$-4,117,000$-1,811,000$18.17M
    EBITDA$109.80M$84.28M$93.33M$110.66M$102.29M$81.04M$88.83M$85.95M$82.10M$64.64M$76.11M$92.42M
    EBIT$21.30M$6.30M$13.82M$31.84M$21.57M$5.83M$19.63M$23.88M$23.84M$7.67M$14.73M$38.13M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $558475
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    9
    New Awards (TTM)
    5
    Avg Remaining Term
    2.2 mo

    Top agency: Department of Defense at 88.6% of trailing twelve month obligations across 4 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    15B20926P00000007Department of JusticeFederal Prison System / Bureau of Prisons$28550Jan 13, 2025
    70Z02426PBOST0059Department of Homeland SecurityU.S. Coast Guard$5520Jan 1, 2026
    70Z02426PBOST0073Department of Homeland SecurityU.S. Coast Guard$4572Jan 1, 2026
    70Z05226PSNY00010Department of Homeland SecurityU.S. Coast Guard$4500Jun 1, 2026
    70Z02426PBOST0072Department of Homeland SecurityU.S. Coast Guard$4337Jan 7, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    One holder reports 3.06M shares in Casella Waste Systems (CWST), a passive stake below 5%.

    Wasatch Advisors reported a 4.9% passive stake in Casella Waste Systems (CWST), owning 3,056,089 shares of common stock as of September 30...

    Stock Titan•10/9/26•Neutral

    Cash flow from investing activities of Casella Waste Systems, Inc. Class A – HAN:WA3

    The article provides information on the cash flow from investing activities for Casella Waste Systems, Inc. Class A (HAN:WA3) on the Hannover Stock Exchange. It notes that the market is currently closed with no trades....

    TradingView•9/29/26•Neutral

    CapEx per share of Casella Waste Systems, Inc. Class A – HAN:WA3

    This page from TradingView provides financial information for Casella Waste Systems, Inc. Class A (HAN:WA3), specifically focusing on its CapEx per share. The content indicates that the market for this stock was closed...

    TradingView•9/29/26•Neutral

    Casella Waste Systems, Inc. Class A Earnings and Revenue – HAN:WA3

    Casella Waste Systems, Inc. Class A (HAN:WA3) recently reported earnings of 0.35 EUR per share, surpassing the 0.31 EUR estimate by 12.25%. Revenue for the period was ‪476.11 M‬ EUR...

    TradingView•9/29/26•Bullish

    EBIT of Casella Waste Systems, Inc. Class A – HAN:WA3

    This article provides the EBIT (Earnings Before Interest and Taxes) information for Casella Waste Systems, Inc. Class A (HAN:WA3) as presented on TradingView. It highlights that the market for this stock is currently...

    TradingView•9/29/26•Neutral

    CWST Valuation and Fair Value

    P/E
    65.5x
    Forward P/E
    56.2x
    EV/EBITDA
    17.2x
    P/FCF
    52.1x
    PEG
    3.3x
    P/B
    3.5x
    See GNG's fair value

    CWST Profitability: Margins, ROIC and FCF

    Gross margin
    25.4%
    Operating margin
    5.0%
    Net margin
    0.3%
    ROIC
    1.6%
    ROE
    0.4%
    FCF margin
    5.4%
    FCF yield
    1.9%

    CWST Competitors

    CompanyTicker
    Dolby LaboratoriesDLB
    Schneider National IncSNDR
    Everus Construction Group IncECG
    Copa Holdings SACPA
    Xometry IncXMTR
    JBTMarel CorpJBTM
    Terex CorporationTEX
    Hafnia LimitedHAFN

    Sector: Industrials

    CWST Analyst Ratings

    Consensus
    Buy
    Analysts
    11
    Strong Buy
    1
    Buy
    7
    Hold
    2
    Sell
    0
    Strong Sell
    1

    CWST Bull Case vs Bear Case

    Bull case

    • CWST beat EPS estimates in 87.5% of its last 8 reported quarters.
    • CWST grew quarterly revenue 16.9% year over year.
    • 72.7% of CWST's analyst ratings are Buy or Strong Buy.

    Bear case

    • CWST trades at 65.5x trailing earnings.

    CWST Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    52.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.38
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    3 up, 7 down

    Frequently Asked Questions About CWST

    Does CWST pay dividends?

    Casella Waste Systems Inc (CWST) does not currently pay a regular dividend.

    What is CWST's P/E ratio?

    Casella Waste Systems Inc has a price-to-earnings (P/E) ratio of 65.53.

    What is CWST's market cap?

    Casella Waste Systems Inc (CWST) has a market capitalization of $5.60B with a current stock price of $86.50.

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