Casella Waste Systems CWST
NASDAQ CWST
$91.16 -0.91 (-0.99%)
As of: Sep 9, 2026 · 3:59 PM EDT

Casella Waste Systems (CWST) Operating Margin (2010 - 2026)

Casella Waste Systems' (CWST) quarterly Operating Margin came in at 3.67% in Q2 2026, down 47.0% on a YoY basis from 6.93% in Q2 2025, and up 245.85% quarter-over-quarter from 1.06% in Q1 2026.

Analysis

Casella Waste Systems (CWST) Operating Margin (2010 - 2026) Analysis & Trends

Casella Waste Systems (CWST) has reported Operating Margin for 17 consecutive years, with 3.67% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin fell 47.0% year-over-year to 3.67%; the trailing twelve-month figure through Jun 2026 stood at 3.38% (down 509.0% YoY), and the FY2025 full-year result was 3.47%, down 121.0% from the prior year.
  • Operating Margin rose to 3.67% in Q2 2026 per CWST's latest filing, from 1.06% in the prior quarter.
  • Across five years, Operating Margin topped out at 23.15% in Q4 2024 and bottomed at 0.75% in Q1 2025.
  • Historically, Operating Margin has averaged 6.37% across 5 years, with a median of 5.13% in 2022.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin jumped 1943 bps in 2024, then plunged 2061 bps in 2025.
  • Over 5 years, Operating Margin stood at 6.33% in 2022, then plunged by 41 bps to 3.72% in 2023, then soared by 523 bps to 23.15% in 2024, then tumbled by 89 bps to 2.53% in 2025, then jumped by 45 bps to 3.67% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 3.67%, 1.06%, and 2.53% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Waste Management 87.60 Bn 87.04 Bn 2.73 Bn 18.75%
2 Republic Services 68.20 Bn 68.09 Bn 1.87 Bn 20.34%
3 Waste Connections 41.58 Bn 41.48 Bn 1.08 Bn 17.08%
4 GFL Environmental 16.22 Bn 16.21 Bn 385.80 Mn -11.00%
5 Casella Waste Systems 5.86 Bn 5.83 Bn 178.80 Mn 3.67%
6 Comstock 237.73 Mn 241.05 Mn -896,073.00 -9,872.81%
7 Quest Resource Holding 29.11 Mn 28.09 Mn 10.43 Mn -15.55%
8 ReTo Eco-Solutions 765,104.78 -5.97 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.67%
Mar 31, 2026 1.06%
Dec 31, 2025 2.53%
Sep 30, 2025 6.05%
Jun 30, 2025 4.14%
Mar 31, 2025 0.75%
Dec 31, 2024 23.15%
Sep 30, 2024 5.92%
Jun 30, 2024 6.10%
Mar 31, 2024 2.00%
Dec 31, 2023 3.72%
Sep 30, 2023 9.69%
Jun 30, 2023 7.81%
Mar 31, 2023 3.91%
Dec 31, 2022 6.33%
Sep 30, 2022 12.29%
Jun 30, 2022 11.18%
Mar 31, 2022 4.34%
Dec 31, 2021 6.75%
Sep 30, 2021 11.32%