Casella Waste Systems (CWST) FCF Margin (2010 - 2026)
Casella Waste Systems' (CWST) quarterly FCF Margin came in at 4.87% in Q2 2026, down 10.0% on a YoY basis from 5.41% in Q2 2025, and up 81.34% quarter-over-quarter from 2.68% in Q1 2026.
Powered by 
Analysis
Casella Waste Systems (CWST) FCF Margin (2010 - 2026) Analysis & Trends
Casella Waste Systems (CWST) has reported FCF Margin for 17 consecutive years, with 4.87% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 10.0% year-over-year to 4.87%; the trailing twelve-month figure through Jun 2026 stood at 5.4% (up 12.0% YoY), and the FY2025 full-year result was 4.61%, down 41.0% from the prior year.
- FCF Margin rose to 4.87% in Q2 2026 per CWST's latest filing, from 2.68% in the prior quarter.
- Across five years, FCF Margin topped out at 11.94% in Q2 2023 and bottomed at 6.62% in Q1 2024.
- Historically, FCF Margin has averaged 5.49% across 5 years, with a median of 6.49% in 2024.
- The sharpest annual moves came in 2024 and 2025: FCF Margin plunged 593 bps in 2024, then jumped 534 bps in 2025.
- Over 5 years, FCF Margin stood at 7.93% in 2022, then tumbled by 62 bps to 2.98% in 2023, then surged by 158 bps to 7.69% in 2024, then rose by 9 bps to 8.38% in 2025, then sank by 42 bps to 4.87% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 4.87%, 2.68%, and 8.38% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 86.82 Bn | 86.26 Bn | 2.73 Bn | 16.40% |
| 2 | Republic Services | 68.56 Bn | 68.46 Bn | 1.87 Bn | 17.18% |
| 3 | Waste Connections | 40.73 Bn | 40.63 Bn | 1.08 Bn | 16.82% |
| 4 | GFL Environmental | 15.53 Bn | 15.34 Bn | 385.80 Mn | 36.19% |
| 5 | Casella Waste Systems | 5.74 Bn | 5.71 Bn | 178.80 Mn | 4.87% |
| 6 | Comstock | 230.85 Mn | 230.85 Mn | -896,073.00 | -5,527.91% |
| 7 | Quest Resource Holding | 29.23 Mn | 28.20 Mn | 10.43 Mn | 6.96% |
| 8 | ReTo Eco-Solutions | 50,241.15 | -5.98 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.87% |
| Mar 31, 2026 | 2.68% |
| Dec 31, 2025 | 8.38% |
| Sep 30, 2025 | 5.69% |
| Jun 30, 2025 | 4.97% |
| Mar 31, 2025 | -1.28% |
| Dec 31, 2024 | 7.69% |
| Sep 30, 2024 | 9.80% |
| Jun 30, 2024 | 7.28% |
| Mar 31, 2024 | -6.62% |
| Dec 31, 2023 | 2.98% |
| Sep 30, 2023 | 9.83% |
| Jun 30, 2023 | 11.94% |
| Mar 31, 2023 | -0.69% |
| Dec 31, 2022 | 7.93% |
| Sep 30, 2022 | 9.27% |
| Jun 30, 2022 | 9.02% |
| Mar 31, 2022 | 5.04% |
| Dec 31, 2021 | 2.87% |
| Sep 30, 2021 | 12.22% |