Is Casella Waste Systems (CWST) overvalued or fairly valued?

MarketChacha shows Casella Waste Systems's valuation in context — a trailing P/E of about 445.4, a forward P/E of about 63.7, a price-to-book of about 3.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Casella Waste Systems's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (18.04×) from reported figures — education, not a rating.

What is Casella Waste Systems's revenue?

Casella Waste Systems reported revenue of $1.8B for FY2025, with net profit of $7.9M, per official filings.

What is the share price of Casella Waste Systems (CWST)?

Casella Waste Systems last traded at $93.53 (-2.5% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Casella Waste Systems

CWST · NYSE · Industrials · United States

Snapshot

TickerCWST

ExchangeNYSE

SectorIndustrials

IndustryWaste Management

CountryUnited States

Employees5,600

HeadquartersRutland, United States

Websitewww.casella.com

Filings tracked24

About Casella Waste Systems

Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. The company offers resource management expertise and services primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services to residential, commercial, municipal, institutional, and industrial customers. It also provides non-hazardous solid waste services, including collections, transfer stations, recycling, and disposal operations. In addition, the company markets various materials, including fibers, such as corrugated cardboard and newsprint, plastics, glass, ferrous, and aluminum metals. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.

Who owns it

Insiders0.6%
Institutions99.4%
Public & other0.0%

548 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.14.99%
Wasatch Advisors LP5.64%
Vanguard Portfolio Management LLC5.50%
Vanguard Capital Management LLC4.51%
State Street Corporation4.02%
Conestoga Capital Advisors, LLC3.73%
T. Rowe Price Investment Management, Inc.3.32%
Capital International Investors3.28%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 0.5% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion18.04×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend2.0% → 0.4%

Margin has held broadly steady over the period — stable profitability.

Return on equity0.5%

Latest ROE of 0.5% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 21% · PAT -44%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $537.5M · EPS 0.27

Est. earnings growth -9.6%

Next fiscal year

Rev $2.3B · EPS 1.47

Est. earnings growth +16.7%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$1.8B

Net margin

0.4%

ROE

0.5%

Revenue CAGR (2y)

+20.5%

Profit CAGR (2y)

-44.3%

EPS (FY2025)

0.12

Net profit (FY2025)

$7.9M

Ask MarketChacha about CWST

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$1.8B	$7.9M	0.12	0.4%	0.5%
FY2024	$1.6B	$13.5M	0.23	0.9%	0.9%
FY2023	$1.3B	$25.4M	0.46	2.0%	2.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$543.7M	$3.8M	0.06	0.7%
2026Q1	$457.3M	$-5.5M	-0.09	-1.2%
2025Q3	$485.4M	$10.0M	0.16	2.1%
2025Q2	$465.3M	$5.2M	0.08	1.1%
2025Q1	$417.1M	$-4.8M	-0.08	-1.2%
2024Q3	$411.6M	$5.8M	0.10	1.4%
2024Q2	$377.2M	$7.0M	0.12	1.9%
2024Q1	$341.0M	$-4.1M	-0.07	-1.2%
2023Q3	$352.7M	$18.2M	0.31	5.2%
2023Q2	$289.6M	$5.5M	0.10	1.9%
2023Q1	$262.6M	$3.5M	0.07	1.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/7/2026
8-K — Results of operations, Exhibits
SEC8/6/2026material
8-K/A — Executive/director change
SEC7/20/2026
8-K — Executive/director change
SEC7/1/2026material
8-K — Shareholder vote results
SEC6/8/2026material
8-K — Other events
SEC6/1/2026material
8-K — Other events, Exhibits
SEC5/27/2026material
8-K — Other events, Exhibits
SEC5/11/2026material
10-Q filing
SEC5/1/2026
8-K — Results of operations, Exhibits
SEC4/30/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC4/22/2026material
8-K — Executive/director change
SEC3/10/2026material
10-K filing
SEC2/20/2026
8-K — Results of operations, Exhibits
SEC2/19/2026material

2025

10-Q filing
SEC10/31/2025
8-K — Results of operations, Exhibits
SEC10/30/2025material
8-K — Other events
SEC9/2/2025material
8-K — Other events, Exhibits
SEC8/28/2025material
8-K — Other events, Exhibits
SEC8/18/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC8/6/2025material
8-K — Other events, Exhibits
SEC8/1/2025material
8-K — Other events
SEC8/1/2025material
8-K — Results of operations, Exhibits
SEC7/31/2025material
10-Q filing
SEC7/31/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.