Casella Waste Systems (CWST) Net Margin (2010 - 2026)
Casella Waste Systems' (CWST) quarterly Net Margin came in at 0.69% in Q2 2026, down 43.0% on a YoY basis from 1.22% in Q2 2025, and up 157.25% quarter-over-quarter from 1.21% in Q1 2026.
Analysis
Casella Waste Systems (CWST) Net Margin (2010 - 2026) Analysis & Trends
Casella Waste Systems (CWST) has reported Net Margin for 17 consecutive years, with 0.69% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 43.0% year-over-year to 0.69%; the trailing twelve-month figure through Jun 2026 stood at 0.29% (down 35.0% YoY), and the FY2025 full-year result was 0.43%, down 44.0% from the prior year.
- Net Margin rose to 0.69% in Q2 2026 per CWST's latest filing, from 1.21% in the prior quarter.
- Across five years, Net Margin topped out at 7.68% in Q3 2022 and bottomed at 1.21% in Q1 2026.
- Historically, Net Margin has averaged 1.72% across 5 years, with a median of 1.38% in 2024.
- The sharpest annual moves came in 2023 and 2024: Net Margin slumped 438 bps in 2023, then jumped 164 bps in 2024.
- Over 5 years, Net Margin stood at 3.09% in 2022, then sank by 116 bps to 0.5% in 2023, then surged by 326 bps to 1.14% in 2024, then sank by 147 bps to 0.54% in 2025, then soared by 230 bps to 0.69% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 0.69%, 1.21%, and 0.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 86.08 Bn | 85.52 Bn | 2.73 Bn | 11.76% |
| 2 | Republic Services | 68.13 Bn | 68.02 Bn | 1.87 Bn | 12.78% |
| 3 | Waste Connections | 40.30 Bn | 40.20 Bn | 1.08 Bn | 11.57% |
| 4 | GFL Environmental | 15.36 Bn | 15.16 Bn | 385.80 Mn | -8.20% |
| 5 | Casella Waste Systems | 5.71 Bn | 5.69 Bn | 178.80 Mn | 0.69% |
| 6 | Comstock | 225.42 Mn | 225.42 Mn | -896,073.00 | -9,797.26% |
| 7 | Quest Resource Holding | 29.23 Mn | 28.20 Mn | 10.43 Mn | -19.07% |
| 8 | ReTo Eco-Solutions | 50,276.96 | -5.98 Bn | - | - |
Historic Data
Download Data
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% |