Casella Waste Systems (CWST) Net Margin (2010 - 2026)
Casella Waste Systems' Net Margin came in at 0.69% for Q2 2026, down 0.43 percentage points from 1.12% a year earlier but up 1.90 percentage points from the prior quarter.
Casella Waste Systems (CWST) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Casella Waste Systems reported Net Margin of 0.29%, down 0.35 percentage points year-over-year; for FY2025, it came in at 0.43%, down 0.44 percentage points from FY2024.
- Net Margin has declined in each of the last three years, with a five-year change of -11.33 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 0.87% in FY2024 (-1.14 pp), 2.01% in FY2023 (-2.88 pp), 4.89% in FY2022 (+0.27 pp) and 4.62% in FY2021 (-7.14 pp).
- The five-year range for quarterly Net Margin is -1.21% (Q1 2026) to 7.68% (Q3 2022).
- Year-over-year, Net Margin has declined for three consecutive quarters, with an average year-over-year change of -0.54 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q4 2024 (a gain of 1.64 percentage points), and the weakest in Q4 2021 (a drop of 27.64 percentage points).
- Business Quant data shows CWST's Net Margin at -1.21% (Q1 2026), -0.54% (Q4 2025) and 2.06% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.64 Bn | 80.55 Bn | 2.73 Bn | 11.74% |
| 2 | Republic Services | 64.27 Bn | 63.89 Bn | 1.87 Bn | 12.78% |
| 3 | Waste Connections | 38.82 Bn | 38.45 Bn | 1.08 Bn | 11.57% |
| 4 | Clean Harbors | 16.38 Bn | 13.39 Bn | 608.78 Mn | 9.82% |
| 5 | GFL Environmental | 15.51 Bn | 13.19 Bn | 385.80 Mn | 18.91% |
| 6 | Casella Waste Systems | 5.03 Bn | 4.15 Bn | 178.80 Mn | 0.69% |
| 7 | Onterris | 470.12 Mn | 429.40 Mn | 82.26 Mn | 0.73% |
| 8 | Perma Fix Environmental Services | 331.90 Mn | 223.46 Mn | -2.50 Mn | -48.12% |
| 9 | Deep Isolation Nuclear | 182.23 Mn | 182.23 Mn | 707,000.00 | -230.17% |
| 10 | Comstock | 177.73 Mn | 181.05 Mn | -896,073.00 | -9,335.10% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.69% |
| Mar 31, 2026 | -1.21% |
| Dec 31, 2025 | -0.54% |
| Sep 30, 2025 | 2.06% |
| Jun 30, 2025 | 1.12% |
| Mar 31, 2025 | -1.15% |
| Dec 31, 2024 | 1.14% |
| Sep 30, 2024 | 1.40% |
| Jun 30, 2024 | 1.86% |
| Mar 31, 2024 | -1.21% |
| Dec 31, 2023 | -0.50% |
| Sep 30, 2023 | 5.15% |
| Jun 30, 2023 | 1.90% |
| Mar 31, 2023 | 1.35% |
| Dec 31, 2022 | 3.09% |
| Sep 30, 2022 | 7.68% |
| Jun 30, 2022 | 6.27% |
| Mar 31, 2022 | 1.79% |
| Dec 31, 2021 | 3.78% |
| Sep 30, 2021 | 6.55% |
Casella Waste Systems Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CWST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CWST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CWST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();