Casella Waste Systems, Inc. (CWST)
NASDAQ: CWST · Real-Time Price · USD
94.31
+2.30 (2.50%)
Aug 24, 2026, 11:12 AM EDT - Market open

Casella Waste Systems Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
5.77.8713.5425.453.0841.1
Depreciation & Amortization
336.51318.53244.12170.71126.35103.59
Other Amortization
33.022.962.961.92.29
Stock-Based Compensation
13.3214.2212.199.088.1611.55
Other Operating Activities
22.7430.3839.1544.5239.0837.28
Change in Accounts Receivable
-30.49-3.61.25-39.44-7.1-7.42
Change in Accounts Payable
2.88-8.56-13.6341.5911.0813.89
Change in Other Net Operating Assets
-2.5-32.08-18.22-21.73-15.22-19.54
Operating Cash Flow
351.15329.78281.36233.09217.31182.74
Operating Cash Flow Growth
2.91%17.21%20.71%7.26%18.92%30.60%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-245.48-245.07-203.23-154.91-130.96-123.3
Sale of Property, Plant & Equipment
0.950.811.381.110.60.79
Cash Acquisitions
-450.01-224.21-468.63-851.84-78.2-170.65
Sale (Purchase) of Intangibles
-0.67-0.67-0.28---
Investment in Securities
----1.64-
Other Investing Activities
--0.15---
Investing Cash Flow
-695.22-469.15-670.61-1,006-206.92-293.15

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-91.5846.7546588.23.7
Long-Term Debt Repaid
--116.34-783.68-26.26-59.21-10.31
Net Debt Issued (Repaid)
153.73-24.8463.07438.7428.99-6.6
Issuance of Common Stock
--496.59496.320.190.17
Other Financing Activities
-1.9-2.23-8.02-12.76-2.23-3.68
Financing Cash Flow
151.83-27.07551.65922.326.95-10.12

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-192.23-166.44162.39149.7637.34-120.53

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
105.6784.7178.1378.1986.3559.44
Free Cash Flow Growth
16.10%8.42%-0.07%-9.46%45.27%86.84%
Free Cash Flow Margin
5.40%4.61%5.02%6.18%7.96%6.69%
Free Cash Flow Per Share
1.661.331.311.411.671.15
Levered Free Cash Flow
121.7113.9549.869.2565.1635.81
Unlevered Free Cash Flow
159.43150.0185.8596.0378.0846.79

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
61.858.9761.2243.592119.03
Cash Income Tax Paid
--0.156.7810.112.81.44
Change in Working Capital
-30.12-44.24-30.6-19.57-11.25-13.07
SEC Filings: 10-K · 10-Q