Casella Waste Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,837	1,557	1,265	1,085	889.21
Revenue Growth (YoY)	17.95%	23.15%	16.54%	22.03%	14.80%
Cost of Revenue	1,217	1,027	832.04	723.12	582.4
Gross Profit	620.24	529.95	432.5	361.97	306.81
Selling, General & Admin	224.22	190.75	155.85	133.42	118.83
Other Operating Expenses	-	-	-	0.76	0.92
Operating Expenses	531.05	425.66	326.55	260.53	223.35
Operating Income	89.18	104.29	105.95	101.44	83.46
Interest Expense	-62.54	-62.41	-47.58	-23.72	-21.23
Interest & Investment Income	9.95	10.43	10.74	0.71	0.3
Other Non Operating Income (Expenses)	1.98	1.67	1.65	2.59	1.31
EBT Excluding Unusual Items	38.57	53.97	70.76	81.02	63.85
Merger & Restructuring Charges	-25.51	-31.53	-19.38	-6.05	-5.8
Legal Settlements	-	-	-6.15	-	-
Other Unusual Items	-	-1.4	-8.19	-	-
Pretax Income	13.05	21.05	37.05	74.97	58.05
Income Tax Expense	5.18	7.51	11.65	21.89	16.95
Earnings From Continuing Operations	7.87	13.54	25.4	53.08	41.1
Net Income	7.87	13.54	25.4	53.08	41.1
Net Income to Common	7.87	13.54	25.4	53.08	41.1
Net Income Growth	-41.85%	-46.71%	-52.15%	29.15%	-54.89%
Shares Outstanding (Basic)	63	60	55	52	51
Shares Outstanding (Diluted)	64	60	55	52	52
Shares Change (YoY)	6.51%	7.97%	6.78%	0.49%	5.04%
EPS (Basic)	0.12	0.23	0.46	1.03	0.80
EPS (Diluted)	0.12	0.23	0.46	1.03	0.80
EPS Growth	-47.18%	-50.61%	-55.26%	28.52%	-56.99%
Free Cash Flow	84.71	78.13	78.19	86.35	59.44
Free Cash Flow Per Share	1.33	1.31	1.41	1.67	1.15
Gross Margin	33.77%	34.03%	34.20%	33.36%	34.50%
Operating Margin	4.86%	6.70%	8.38%	9.35%	9.39%
Profit Margin	0.43%	0.87%	2.01%	4.89%	4.62%
Free Cash Flow Margin	4.61%	5.02%	6.18%	7.96%	6.69%
EBITDA	396.02	339.19	276.66	227.79	187.05
EBITDA Margin	21.56%	21.78%	21.88%	20.99%	21.04%
D&A For EBITDA	306.84	234.91	170.71	126.35	103.59
EBIT	89.18	104.29	105.95	101.44	83.46
EBIT Margin	4.86%	6.70%	8.38%	9.35%	9.39%
Effective Tax Rate	39.70%	35.69%	31.44%	29.20%	29.19%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.