Company Analysis

Casella Waste Systems, Inc. (CWST)

Nasdaq: CWST · Refuse Systems · Rutland, VT · filing with the SEC since 1997
Grade6.3
◀ Past 6.8● Present 5.7▶ Future 6.5

The grade of Casella Waste Systems, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.3/10
◀ Past6.830% of the headline
● Present5.740% of the headline
▶ Future6.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.7/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 77th percentile among 11 sector filers · read for itself

From the record

Casella Waste Systems, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.1/10

What has it actually done, year after year?

+14% a year over 10 filed years; profitable in 8 of 10.

weight 45% of this tense · 81st percentile among 9 sector filers · read for its customers

From the record

Casella Waste Systems, Inc.'s 10 filed years say what it did: revenue went from $565 million in fiscal 2016 to $1.8 billion in fiscal 2025, up 14% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 8 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span14.0%top 17% of its family
  • the share of years revenue rosetop 11% of its family
  • the share of filed years with a profittop 39% of its family
  • the deepest fall from a revenue peak0.0%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.0/10

How has it treated the people who own it?

Share count grew 7.1% a year. 0% of cash flow returned. Insiders: 27 sales, 0 purchases.

weight 22% of this tense · 30th percentile among 8 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Casella Waste Systems, Inc.'s diluted share count grew about 7.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 27 sales (12 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-10 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 35% of its family
  • cash returned against operating cash flowbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.7/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.1/10

Is it financially healthy right now?

ROE 1%: 1¢ of profit per shareholder dollar. Leverage 53%: owes 53¢ per asset dollar.

weight 33% of this tense · 51st percentile among 10 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Casella Waste Systems, Inc. earned about 1 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 19 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 53 cents per dollar of assets, and net share issuance: its share count grew 6.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 15% of its family
  • return on equitybottom 45% of its family
  • gross profit against assetsbottom 39% of its family
  • the share count against the year beforebottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.4/10

How strong is its position in its industry?

top 36% of 10 in its family; net margin 0.4%.

weight 45% of this tense · 64th percentile among 10 sector filers · read for its customers

From the record

Casella Waste Systems, Inc.'s standing among 10 graded names in its industry family: revenue of $1.8 billion in fiscal 2025 ranks in the top 39% by size; a net margin of 0.4% ranks in the top 45%; revenue growth of 19.2% a year over the last 3 filed years ranks in the top 25% (its annual reports).

What it rests on

  • revenue against the family$1.84Btop 39% of its family
  • net margin0.4%top 45% of its family
  • three-year revenue growth19.2%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.2/10

What are the people in charge doing?

top 48% of 6 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 52nd percentile among 6 sector filers · read for its shareholders

From the record

Casella Waste Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Coletta, Edmond (PRESIDENT & CEO, as filed), filing under that title since 2026-03-16, 8 months (bottom 8% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 6.6 years (top 8%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 16 peopletop 44% of its family
  • the median years the people in charge have filed6.6 yearstop 8% of its family
  • the chief executive's years on the record8 monthsbottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.3/10

How much room does it have to grow?

top 47% of 10 in its family for room to expand.

weight 22% of this tense · 53rd percentile among 10 sector filers · read for itself

From the record

Casella Waste Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $124 million against debt of $1.1 billion leaves -30.4% of its assets as net cash, top 45% of its family; cash from operations less capital spending is 4.6% of revenue (top 45%); a gross margin of 33.8% (top 50%) (its annual report).

What it rests on

  • cash less debt against assets-30.4%top 45% of its family
  • cash from operations less capital spending against revenue4.6%top 45% of its family
  • gross margin33.8%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
9.0/10

What could actually drive growth from here?

top 10% of 9 in its family for growth drivers.

weight 45% of this tense · 90th percentile among 9 sector filers · read for its customers

From the record

Casella Waste Systems, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 19.2% a year over the last three filed years against 14% over all 10, speeding up (top 6% of its family); the newest year grew 18% (top 6%); capital spending grew 23.2% a year (top 19%) (its annual reports). Casella Waste Systems, Inc. reported 2 lines of business in fiscal 2025: Solid Waste Operations at $1.5 billion (80%), Resource Solutions Region at $360 million (20%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+5.2 points a yeartop 6% of its family
  • the newest year's revenue growth18.0%top 6% of its family
  • three-year growth of capital spending23.2%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.0/10

Did its newest year beat what its own record pointed to?

bottom 40% of 8 in its family for expectations against reality.

weight 33% of this tense · 40th percentile among 8 sector filers · read for its shareholders

From the record

Casella Waste Systems, Inc.'s newest year against its own record: revenue of $1.8 billion in fiscal 2025 came in 1.5% below the $1.9 billion its prior three years' pace pointed to (top 31% of its family); net income of $8 million against a prior three-year average of $31 million (bottom 19%); a net margin of 0.4% against 2.6% before (bottom 31%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-1.5%top 31% of its family
  • net income against the prior three years' average-74%bottom 19% of its family
  • net margin against its prior average-2.2 pointsbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CWST · research, not advice