Casella Waste Systems (CWST) Long-Term Deferred Tax (2017 - 2024)
Casella Waste Systems' (CWST) quarterly Long-Term Deferred Tax came in at $8.4 million in Q2 2024, down 48.73% YoY from $16.4 million in Q3 2023, and down 23.64% on a QoQ basis from $11.0 million in Q1 2024.
Casella Waste Systems (CWST) Long-Term Deferred Tax (2017 - 2024) Analysis & Trends
Casella Waste Systems (CWST) has 8 years of Long-Term Deferred Tax data on file, last reported at $8.4 million in Q2 2024.
- Quarterly Long-Term Deferred Tax fell 48.73% year-over-year to $8.4 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $8.4 million (down 48.73% YoY) and the FY2023 annual result came in at $11.2 million, down 50.99% from the prior year.
- Long-Term Deferred Tax declined to $8.4 million in Q2 2024, from $11.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $61.2 million in Q4 2020 to a low of $6.6 million in Q3 2023.
- A 5-year average of $27.0 million and a median of $23.2 million in 2022 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2021 — Long-Term Deferred Tax soared 695.3% — and 2023, when it tumbled 74.15%.
- Tracing CWST's Long-Term Deferred Tax over 5 years: 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 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn |
| 10 | American Battery Technology | 339.53 Mn | 300.24 Mn | 737,749.00 |
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 |