Casella Waste Systems (CWST) Operating Expenses (2010 - 2026)
Casella Waste Systems (CWST) posted Operating Expenses of $523.78 million for Q2 2026, up 17.4% from $446.06 million a year earlier and up 15.8% from the prior quarter.
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Analysis
Casella Waste Systems (CWST) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Casella Waste Systems was $1.89 billion, up 14.1% year-over-year; for FY2025, it came in at $1.77 billion, up 19.4% from FY2024.
- Annual Operating Expenses has increased for 11 consecutive years, with a five-year compound annual growth rate of 19.9% (FY2020 to FY2025).
- In prior years, Casella Waste Systems' Operating Expenses was $1.48 billion in FY2024 (+25.4%), $1.18 billion in FY2023 (+19.6%), $989.7 million in FY2022 (+22.0%) and $811.55 million in FY2021 (+13.5%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q4 2014.
- On a year-over-year basis, Operating Expenses has increased in each of the last 24 quarters, with growth averaging 18.2% over the last eight quarters.
- The year-over-year growth in Operating Expenses has ranged between 6.0% (Q2 2023) and 35.8% (Q4 2023) over the last five years.
- According to Business Quant data, Operating Expenses for the three prior quarters was $452.47 million (Q1 2026), $457.17 million (Q4 2025) and $455.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.64 Bn | 80.55 Bn | 2.73 Bn | 5.43 Bn |
| 2 | Republic Services | 64.27 Bn | 63.89 Bn | 1.87 Bn | 448.00 Mn |
| 3 | Waste Connections | 38.82 Bn | 38.45 Bn | 1.08 Bn | 538.77 Mn |
| 4 | Clean Harbors | 16.38 Bn | 13.39 Bn | 608.78 Mn | 214.57 Mn |
| 5 | GFL Environmental | 15.51 Bn | 13.19 Bn | 385.80 Mn | 600.10 Mn |
| 6 | Casella Waste Systems | 5.03 Bn | 4.15 Bn | 178.80 Mn | 523.78 Mn |
| 7 | Onterris | 470.12 Mn | 429.40 Mn | 82.26 Mn | 66.50 Mn |
| 8 | Perma Fix Environmental Services | 331.90 Mn | 223.46 Mn | -2.50 Mn | 4.00 Mn |
| 9 | Deep Isolation Nuclear | 182.23 Mn | 182.23 Mn | 707,000.00 | 3.95 Mn |
| 10 | Comstock | 177.73 Mn | 181.05 Mn | -896,073.00 | 26.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 523.78 Mn |
| Mar 31, 2026 | 452.47 Mn |
| Dec 31, 2025 | 457.17 Mn |
| Sep 30, 2025 | 455.98 Mn |
| Jun 30, 2025 | 446.06 Mn |
| Mar 31, 2025 | 413.96 Mn |
| Dec 31, 2024 | 408.96 Mn |
| Sep 30, 2024 | 387.25 Mn |
| Jun 30, 2024 | 354.15 Mn |
| Mar 31, 2024 | 334.17 Mn |
| Dec 31, 2023 | 346.21 Mn |
| Sep 30, 2023 | 318.55 Mn |
| Jun 30, 2023 | 267.03 Mn |
| Mar 31, 2023 | 252.33 Mn |
| Dec 31, 2022 | 254.91 Mn |
| Sep 30, 2022 | 258.98 Mn |
| Jun 30, 2022 | 251.95 Mn |
| Mar 31, 2022 | 223.86 Mn |
| Dec 31, 2021 | 225.52 Mn |
| Sep 30, 2021 | 214.58 Mn |
API Access
Casella Waste Systems Operating Expenses 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=operating-expenses&ticker=CWST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CWST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();