Casella Waste Systems (CWST) Long-Term Deferred Tax (2017 - 2024)
Casella Waste Systems (CWST) reported Long-Term Deferred Tax of $8.4 million for Q2 2024, down 48.73% on a YoY basis from $16.4 million in Q3 2023, and down 23.64% quarter-over-quarter from $11.0 million in Q1 2024.
Casella Waste Systems (CWST) Long-Term Deferred Tax (2017 - 2024) Analysis & Trends
Casella Waste Systems has reported Long-Term Deferred Tax for 8 years, with the latest figure at $8.4 million in Q2 2024.
- For the quarter ending Q2 2024, Long-Term Deferred Tax fell 48.73% year-over-year to $8.4 million; the trailing twelve-month figure through Jun 2024 stood at $8.4 million (down 48.73% YoY), and the FY2023 full-year result was $11.2 million, down 50.99% from the prior year.
- Long-Term Deferred Tax for Q2 2024 stood at $8.4 million, down from $11.0 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $61.2 million in Q4 2020, with the low at $6.6 million in Q3 2023.
- Historically, Long-Term Deferred Tax has averaged $27.0 million across 5 years, with a median of $23.2 million in 2022.
- Annual changes were most pronounced in 2021 — Long-Term Deferred Tax soared 695.3% — and 2023, when it tumbled 74.15%.
- Casella Waste Systems' Long-Term Deferred Tax stood at $61.2 million in 2020, then dropped by 28.13% to $44.0 million in 2021, then slumped by 47.9% to $22.9 million in 2022, then slumped by 50.99% to $11.2 million in 2023, then dropped by 25.04% to $8.4 million in 2024.
- The last three Long-Term Deferred Tax figures came in at $8.4 million (Q2 2024), $11.0 million (Q1 2024), and $11.2 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn |
| 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 |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 8.41 Mn |
| Mar 31, 2024 | 11.02 Mn |
| Dec 31, 2023 | 11.22 Mn |
| Sep 30, 2023 | 6.60 Mn |
| Jun 30, 2023 | 16.41 Mn |
| Mar 31, 2023 | 23.49 Mn |
| Dec 31, 2022 | 22.90 Mn |
| Sep 30, 2022 | 25.55 Mn |
| Jun 30, 2022 | 34.06 Mn |
| Mar 31, 2022 | 41.24 Mn |
| Dec 31, 2021 | 43.96 Mn |
| Sep 30, 2021 | 46.78 Mn |
| Jun 30, 2021 | 53.09 Mn |
| Mar 31, 2021 | 57.73 Mn |
| Dec 31, 2020 | 61.16 Mn |
| Sep 30, 2020 | 7.39 Mn |
| Jun 30, 2020 | 7.37 Mn |
| Mar 31, 2020 | 7.26 Mn |
| Dec 31, 2019 | 8.58 Mn |
| Sep 30, 2019 | 8.84 Mn |