Casella Waste Systems (CWST) Return on Invested Capital [ROIC] (2011 - 2026)
Casella Waste Systems' Return on Invested Capital [ROIC] came in at 1.50% for Q2 2026, down 0.29 percentage points from 1.79% a year earlier but up 0.12 percentage points from the prior quarter.
Powered by 
Analysis
Casella Waste Systems (CWST) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Casella Waste Systems' Return on Invested Capital [ROIC] was 1.41%, down 0.55 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last three years, with a five-year change of -6.21 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 1.96% in FY2024 (-1.51 pp), 3.47% in FY2023 (-3.00 pp), 6.47% in FY2022 (+0.67 pp) and 5.80% in FY2021 (-1.82 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 1.20% (Q3 2024) to 7.94% (Q3 2021).
- Year-over-year, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -0.54 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2025 (a gain of 0.74 percentage points), and the weakest in Q1 2024 (a drop of 3.69 percentage points).
- Business Quant data shows CWST's Return on Invested Capital [ROIC] at 1.38% (Q1 2026), 1.40% (Q4 2025) and 1.94% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.16 Bn | 93.00 Bn | 2.75 Bn | 11.38% |
| 2 | Republic Services | 75.40 Bn | 75.01 Bn | 1.90 Bn | 11.13% |
| 3 | Waste Connections | 47.44 Bn | 47.09 Bn | 1.14 Bn | 7.93% |
| 4 | GFL Environmental | 17.02 Bn | 15.03 Bn | - | 9.71% |
| 5 | Clean Harbors | 15.22 Bn | 12.56 Bn | 661.44 Mn | 10.86% |
| 6 | Casella Waste Systems | 6.28 Bn | 5.40 Bn | 178.80 Mn | 1.50% |
| 7 | Onterris | 813.66 Mn | 759.56 Mn | 88.27 Mn | 1.30% |
| 8 | Perma Fix Environmental Services | 328.67 Mn | 221.40 Mn | 552,000.00 | - |
| 9 | Comstock | 149.32 Mn | 8.54 Mn | -606,061.00 | - |
| 10 | Deep Isolation Nuclear | 103.79 Mn | 103.79 Mn | 707,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50% |
| Mar 31, 2026 | 1.38% |
| Dec 31, 2025 | 1.40% |
| Sep 30, 2025 | 1.94% |
| Jun 30, 2025 | 1.79% |
| Mar 31, 2025 | 1.75% |
| Dec 31, 2024 | 1.76% |
| Sep 30, 2024 | 1.20% |
| Jun 30, 2024 | 2.37% |
| Mar 31, 2024 | 2.45% |
| Dec 31, 2023 | 2.65% |
| Sep 30, 2023 | 3.06% |
| Jun 30, 2023 | 4.00% |
| Mar 31, 2023 | 6.14% |
| Dec 31, 2022 | 6.18% |
| Sep 30, 2022 | 6.36% |
| Jun 30, 2022 | 5.93% |
| Mar 31, 2022 | 5.50% |
| Dec 31, 2021 | 5.64% |
| Sep 30, 2021 | 7.94% |
API Access
Casella Waste Systems Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CWST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CWST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();