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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›CWST›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

CASELLA WASTE SYSTEMS INC (CWST) financials

Income statement

CASELLA WASTE SYSTEMS INC (CWST) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$565M$599M$661M$743M$775M$889M$1.09B$1.26B$1.56B$1.84B
Revenue growth—6.1%10.2%12.5%4.2%14.8%22.0%16.5%23.1%18.0%
Operating income$44.9M-$12.6M$39.7M$53.1M$59.3M$77.7M$95.4M$80.4M$72.8M$63.7M
Operating margin8.0%-2.1%6.0%7.1%7.7%8.7%8.8%6.4%4.7%3.5%
Net income-$6.85M-$21.8M$6.42M$31.7M$91.1M$41.1M$53.1M$25.4M$13.5M$7.87M
Net margin-1.2%-3.6%1.0%4.3%11.8%4.6%4.9%2.0%0.9%0.4%
EPS (diluted)-$0.17-$0.52$0.15$0.66$1.86$0.80$1.03$0.46$0.23$0.12

Cash flow

CASELLA WASTE SYSTEMS INC (CWST) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$80.4M$108M$121M$117M$140M$183M$217M$233M$281M$330M
Capital expenditures$54.2M$64.9M$73.2M$103M$108M$123M$131M$155M$203M$245M
Free cash flow$26.2M$42.7M$47.6M$13.7M$31.8M$59.4M$86.4M$78.2M$78.1M$84.7M

Balance sheet

CASELLA WASTE SYSTEMS INC (CWST) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$2.54M$2.00M$4.01M$3.47M$154M$33.8M$71.2M$221M$358M$124M
Total assets$632M$615M$732M$932M$1.19B$1.28B$1.45B$2.54B$3.23B$3.30B
Shareholders' equity-$24.5M-$37.9M-$15.8M$123M$362M$422M$498M$1.02B$1.55B$1.57B
Retained earnings-$373M-$395M-$389M-$357M-$266M-$225M-$172M-$147M-$133M-$125M
Shares (wtd avg diluted)41.2M41.8M44.2M48.0M49.0M51.5M51.8M55.3M59.7M63.6M

Every figure is extracted from CASELLA WASTE SYSTEMS INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is CASELLA WASTE SYSTEMS INC's annual revenue?
CASELLA WASTE SYSTEMS INC (CWST) reported $1.84B of revenue for fiscal year 2025 — up 18.0% from $1.56B in FY2024, per its annual report filed with the SEC.
Is CASELLA WASTE SYSTEMS INC profitable?
Yes — CWST earned $7.87M of net income in FY2025, a 0.4% net margin, per SEC filings.
What is CASELLA WASTE SYSTEMS INC's free cash flow?
$84.7M in FY2025 (operating cash flow $330M minus $245M of capital expenditures), from the SEC cash-flow statement.
Does CWST pay a dividend?
CASELLA WASTE SYSTEMS INC reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full CWST analysis — verdict, score & filings →Is CWST a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.