Casella Waste Systems (CWST) Operating Margin (2010 - 2026)
Casella Waste Systems' (CWST) quarterly Operating Margin came in at 1.06% in Q1 2026, up 31.0% YoY from 0.81% in Q1 2025, and down 58.1% on a QoQ basis from 2.53% in Q4 2025.
Casella Waste Systems (CWST) Operating Margin (2010 - 2026) Analysis & Trends
Casella Waste Systems (CWST) has 17 years of Operating Margin data on file, last reported at 1.06% in Q1 2026.
- Quarterly Operating Margin rose 31.0% year-over-year to 1.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.48% (up 70.0% YoY) and the FY2025 annual result came in at 3.47%, down 121.0% from the prior year.
- Operating Margin retreated to 1.06% in Q1 2026, from 2.53% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 12.29% in Q3 2022 to a low of 1.18% in Q4 2024.
- A 5-year average of 5.1% and a median of 4.34% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin slumped 490 bps — and 2025, when it soared 371 bps.
- Tracing CWST's Operating Margin over 5 years: stood at 6.33% in 2022, then slumped by 41 bps to 3.72% in 2023, then slumped by 132 bps to 1.18% in 2024, then soared by 315 bps to 2.53% in 2025, then slumped by 58 bps to 1.06% in 2026.
- The last three Operating Margin figures came in at 1.06% (Q1 2026), 2.53% (Q4 2025), and 6.05% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.39 Bn | 89.83 Bn | 2.73 Bn | 18.75% |
| 2 | Republic Services | 67.62 Bn | 67.51 Bn | 1.87 Bn | 20.34% |
| 3 | Waste Connections | 42.71 Bn | 42.61 Bn | 1.08 Bn | 17.08% |
| 4 | Clean Harbors | 17.07 Bn | 16.56 Bn | 608.78 Mn | 15.50% |
| 5 | GFL Environmental | 14.89 Bn | 14.70 Bn | 278.90 Mn | -11.00% |
| 6 | Casella Waste Systems | 5.91 Bn | 5.89 Bn | 178.80 Mn | 3.67% |
| 7 | Sino Green Land | 646.75 Mn | 646.67 Mn | -78,936.00 | -83.62% |
| 8 | Onterris | 529.21 Mn | 515.52 Mn | 82.26 Mn | 3.46% |
| 9 | Perma Fix Environmental Services | 334.90 Mn | 300.95 Mn | -2.50 Mn | -50.50% |
| 10 | American Battery Technology | 307.22 Mn | 267.94 Mn | 737,749.00 | -440.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -1.18% |
| 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% |