Casella Waste Systems (CWST) Operating Income (2010 - 2026)
Casella Waste Systems (CWST) recorded Operating Income of $19.96 million in Q2 2026, up 3.6% from $19.27 million a year earlier and up 311.2% from the prior quarter.
Casella Waste Systems (CWST) Operating Income (2010 - 2026) Analysis & Trends
On a TTM basis, Casella Waste Systems' Operating Income came in at $66.07 million as of Jun 30, 2026, up 1.1% year-over-year; for FY2025, it came in at $63.67 million, down 12.5% from FY2024.
- Annual Operating Income has declined for three straight years, though with a five-year compound annual growth rate of 1.4% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $72.76 million in FY2024 (-9.5%), $80.43 million in FY2023 (-15.7%), $95.39 million in FY2022 (+22.8%) and $77.66 million in FY2021 (+31.0%).
- Quarterly Operating Income has ranged from $3.14 million in Q1 2025 to $36.29 million in Q3 2022 over the past five years.
- On a year-over-year basis, Operating Income rose in four of the last eight quarters, with an average decline of 2.2%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 54.5% in Q1 2026, against a decline of 54.0% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.86 million (Q1 2026), $11.88 million (Q4 2025) and $29.37 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.84 Bn | 81.75 Bn | 2.73 Bn | 1.25 Bn |
| 2 | Republic Services | 64.88 Bn | 64.50 Bn | 1.87 Bn | 901.00 Mn |
| 3 | Waste Connections | 39.22 Bn | 38.85 Bn | 1.08 Bn | 437.55 Mn |
| 4 | Clean Harbors | 16.45 Bn | 13.46 Bn | 608.78 Mn | 268.90 Mn |
| 5 | GFL Environmental | 15.66 Bn | 13.34 Bn | 385.80 Mn | -214.30 Mn |
| 6 | Casella Waste Systems | 5.02 Bn | 4.14 Bn | 178.80 Mn | 19.96 Mn |
| 7 | Onterris | 495.05 Mn | 454.32 Mn | 82.26 Mn | 6.45 Mn |
| 8 | Perma Fix Environmental Services | 326.81 Mn | 218.37 Mn | -2.50 Mn | -6.51 Mn |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | -3.24 Mn |
| 10 | Comstock | 179.25 Mn | 182.57 Mn | -896,073.00 | -26.94 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.96 Mn |
| Mar 31, 2026 | 4.86 Mn |
| Dec 31, 2025 | 11.88 Mn |
| Sep 30, 2025 | 29.37 Mn |
| Jun 30, 2025 | 19.27 Mn |
| Mar 31, 2025 | 3.14 Mn |
| Dec 31, 2024 | 18.53 Mn |
| Sep 30, 2024 | 24.38 Mn |
| Jun 30, 2024 | 23.02 Mn |
| Mar 31, 2024 | 6.84 Mn |
| Dec 31, 2023 | 13.36 Mn |
| Sep 30, 2023 | 34.19 Mn |
| Jun 30, 2023 | 22.61 Mn |
| Mar 31, 2023 | 10.27 Mn |
| Dec 31, 2022 | 17.22 Mn |
| Sep 30, 2022 | 36.29 Mn |
| Jun 30, 2022 | 31.72 Mn |
| Mar 31, 2022 | 10.17 Mn |
| Dec 31, 2021 | 16.32 Mn |
| Sep 30, 2021 | 27.39 Mn |
Casella Waste Systems Operating Income 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-income&ticker=CWST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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-income&ticker=CWST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();