Casella Waste Systems, Inc. (CWST)

Casella Waste Systems Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,722	1,557	1,265	1,085	889.21	774.58
Revenue Growth (YoY)	20.35%	23.15%	16.54%	22.03%	14.80%	4.21%
Cost of Revenue	1,141	1,027	832.04	723.12	582.4	515.65
Gross Profit	580.27	529.95	432.5	361.97	306.81	258.94
Selling, General & Admin	210.25	190.75	155.85	133.42	118.83	102.41
Other Operating Expenses	-	-	-	0.76	0.92	-
Operating Expenses	484.28	425.66	326.55	260.53	223.35	193.19
Operating Income	95.99	104.29	105.95	101.44	83.46	65.75
Interest Expense	-61.85	-62.41	-47.58	-23.72	-21.23	-22.37
Interest & Investment Income	11.04	10.43	10.74	0.71	0.3	0.3
Other Non Operating Income (Expenses)	1.77	1.67	1.65	2.59	1.31	1.07
EBT Excluding Unusual Items	46.95	53.97	70.76	81.02	63.85	44.75
Merger & Restructuring Charges	-30.67	-31.53	-19.38	-6.05	-5.8	-6.45
Legal Settlements	-	-	-6.15	-	-	-
Other Unusual Items	-1.4	-1.4	-8.19	-	-	-
Pretax Income	14.89	21.05	37.05	74.97	58.05	38.3
Income Tax Expense	3.84	7.51	11.65	21.89	16.95	-52.8
Earnings From Continuing Operations	11.05	13.54	25.4	53.08	41.1	91.11
Net Income	11.05	13.54	25.4	53.08	41.1	91.11
Net Income to Common	11.05	13.54	25.4	53.08	41.1	91.11
Net Income Growth	-42.62%	-46.71%	-52.15%	29.15%	-54.89%	187.83%
Shares Outstanding (Basic)	62	60	55	52	51	49
Shares Outstanding (Diluted)	62	60	55	52	52	49
Shares Change (YoY)	7.26%	7.97%	6.78%	0.49%	5.04%	2.25%
EPS (Basic)	0.18	0.23	0.46	1.03	0.80	1.87
EPS (Diluted)	0.18	0.23	0.46	1.03	0.80	1.86
EPS Growth	-46.50%	-50.61%	-55.26%	28.52%	-56.99%	181.82%
Free Cash Flow	91.02	78.13	78.19	86.35	59.44	31.81
Free Cash Flow Per Share	1.46	1.31	1.41	1.67	1.15	0.65
Gross Margin	33.71%	34.03%	34.20%	33.36%	34.50%	33.43%
Operating Margin	5.58%	6.70%	8.38%	9.35%	9.39%	8.49%
Profit Margin	0.64%	0.87%	2.01%	4.89%	4.62%	11.76%
Free Cash Flow Margin	5.29%	5.02%	6.18%	7.96%	6.69%	4.11%
EBITDA	370.02	339.19	276.66	227.79	187.05	156.53
EBITDA Margin	21.49%	21.78%	21.88%	20.99%	21.04%	20.21%
D&A For EBITDA	274.03	234.91	170.71	126.35	103.59	90.78
EBIT	95.99	104.29	105.95	101.44	83.46	65.75
EBIT Margin	5.58%	6.70%	8.38%	9.35%	9.39%	8.49%
Effective Tax Rate	25.80%	35.69%	31.44%	29.20%	29.19%	-

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q