Growth Metrics

Casella Waste Systems (CWST) Gross Margin (2016 - 2025)

Casella Waste Systems' Gross Margin history spans 16 years, with the latest figure at 33.31% for Q4 2025.

  • For Q4 2025, Gross Margin rose 13.0% year-over-year to 33.31%; the TTM value through Dec 2025 reached 33.77%, down 26.0%, while the annual FY2025 figure was 33.77%, 26.0% down from the prior year.
  • Gross Margin reached 33.31% in Q4 2025 per CWST's latest filing, down from 35.04% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2021 to a low of 30.58% in Q1 2022.
  • Average Gross Margin over 5 years is 43.81%, with a median of 34.73% recorded in 2022.
  • The largest YoY upside for Gross Margin was 6434bps in 2021 against a maximum downside of -19135bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 99.62% in 2021, then increased by 0bps to 100.0% in 2022, then tumbled by -67bps to 33.48% in 2023, then dropped by -1bps to 33.18% in 2024, then rose by 0bps to 33.31% in 2025.
  • Per Business Quant, the three most recent readings for CWST's Gross Margin are 33.31% (Q4 2025), 35.04% (Q3 2025), and 33.8% (Q2 2025).