Casella Waste Systems (CWST) FCF Margin (2010 - 2026)

Casella Waste Systems (CWST) reported FCF Margin of 2.68% for Q1 2026, up 397.0% on a YoY basis from 0.54% in Q1 2025, and down 67.96% quarter-over-quarter from 8.38% in Q4 2025.

Casella Waste Systems (CWST) FCF Margin (2010 - 2026) Analysis & Trends

Casella Waste Systems has reported FCF Margin for 17 years, with the latest figure at 2.68% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 397.0% year-over-year to 2.68%; the trailing twelve-month figure through Mar 2026 stood at 5.45% (down 39.0% YoY), and the FY2025 full-year result was 4.61%, down 41.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 2.68%, down from 8.38% in the prior quarter.
  • The five-year high for FCF Margin was 11.94% in Q2 2023, with the low at 6.62% in Q1 2024.
  • Historically, FCF Margin has averaged 5.53% across 5 years, with a median of 7.28% in 2024.
  • Annual changes were most pronounced in 2024 — FCF Margin tumbled 593 bps — and 2025, when it soared 534 bps.
  • Casella Waste Systems' FCF Margin stood at 7.93% in 2022, then sank by 62 bps to 2.98% in 2023, then soared by 158 bps to 7.69% in 2024, then grew by 9 bps to 8.38% in 2025, then plunged by 68 bps to 2.68% in 2026.
  • The last three FCF Margin figures came in at 2.68% (Q1 2026), 8.38% (Q4 2025), and 5.69% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn -
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 10.50%
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn -6.31%
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 2.68%
5 Enviri 1.71 Bn 1.63 Bn - -
6 Onterris 613.85 Mn 602.80 Mn - -
7 American Battery Technology 425.23 Mn 386.75 Mn 737,749.00 -120.60%
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 13.67%
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -41.73%
10 One & one Green Technologies 144.62 Mn 143.66 Mn - -

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 8.17%