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| Date | Value |
|---|---|
| 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% |