Casella Waste Systems (CWST) Gross Margin (2010 - 2026)
Casella Waste Systems' (CWST) quarterly Gross Margin came in at 32.45% in Q1 2026, down 31.0% YoY from 47.03% in Q1 2025, and down 2.58% on a QoQ basis from 33.31% in Q4 2025.
Casella Waste Systems (CWST) Gross Margin (2010 - 2026) Analysis & Trends
Casella Waste Systems (CWST) has 17 years of Gross Margin data on file, last reported at 32.45% in Q1 2026.
- Quarterly Gross Margin fell 31.0% year-over-year to 32.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.67% (down 39.0% YoY) and the FY2025 annual result came in at 33.77%, down 26.0% from the prior year.
- Gross Margin declined to 32.45% in Q1 2026, from 33.31% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 297.71% in Q4 2022 to a low of 30.58% in Q1 2022.
- A 5-year average of 49.29% and a median of 33.8% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 2459 bps — and 2023, when it sank 26423 bps.
- Tracing CWST's Gross Margin over 5 years: stood at 297.71% in 2022, then slumped by 89 bps to 33.48% in 2023, then decreased by 1 bps to 33.18% in 2024, then gained by 0 bps to 33.31% in 2025, then fell by 3 bps to 32.45% in 2026.
- The last three Gross Margin figures came in at 32.45% (Q1 2026), 33.31% (Q4 2025), and 35.04% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn | 40.83% |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn | 42.14% |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn | 42.25% |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn | 35.09% |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | 19.81% |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn | 32.88% |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | -23.58% |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn | 44.07% |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn | -19.43% |
| 10 | American Battery Technology | 339.53 Mn | 300.24 Mn | 737,749.00 | 9.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.88% |
| Mar 31, 2026 | 32.45% |
| Dec 31, 2025 | 33.31% |
| Sep 30, 2025 | 35.04% |
| Jun 30, 2025 | 33.80% |
| Mar 31, 2025 | 32.76% |
| Dec 31, 2024 | 33.18% |
| Sep 30, 2024 | 35.11% |
| Jun 30, 2024 | 35.36% |
| Mar 31, 2024 | 32.32% |
| Dec 31, 2023 | 33.48% |
| Sep 30, 2023 | 35.84% |
| Jun 30, 2023 | 35.67% |
| Mar 31, 2023 | 31.36% |
| Dec 31, 2022 | 297.71% |
| Sep 30, 2022 | 35.56% |
| Jun 30, 2022 | 34.42% |
| Mar 31, 2022 | 30.58% |
| Dec 31, 2021 | 273.12% |
| Sep 30, 2021 | 36.40% |