Casella Waste Systems (CWST) Gross Margin (2010 - 2026)
Casella Waste Systems (CWST) reported Gross Margin of 32.45% for Q1 2026, down 31.0% on a YoY basis from 47.03% in Q1 2025, and down 2.58% quarter-over-quarter from 33.31% in Q4 2025.
Casella Waste Systems (CWST) Gross Margin (2010 - 2026) Analysis & Trends
Casella Waste Systems has reported Gross Margin for 17 years, with the latest figure at 32.45% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 31.0% year-over-year to 32.45%; the trailing twelve-month figure through Mar 2026 stood at 33.67% (down 39.0% YoY), and the FY2025 full-year result was 33.77%, down 26.0% from the prior year.
- Gross Margin for Q1 2026 stood at 32.45%, down from 33.31% in the prior quarter.
- The five-year high for Gross Margin was 99.74% in Q3 2022, with the low at 37.39% in Q4 2022.
- Historically, Gross Margin has averaged 33.36% across 5 years, with a median of 33.48% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin surged 10344 bps — and 2023, when it slumped 6390 bps.
- Casella Waste Systems' Gross Margin stood at 37.39% in 2022, then jumped by 190 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 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 18.24% |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 42.58% |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 30.52% |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 32.45% |
| 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 | 9.44% |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 40.68% |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | -25.89% |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -37.39% |
| Sep 30, 2022 | 99.74% |
| Jun 30, 2022 | 34.42% |
| Mar 31, 2022 | 30.58% |
| Dec 31, 2021 | -140.83% |
| Sep 30, 2021 | 36.40% |
| Jun 30, 2021 | 35.82% |