Casella Waste Systems (CWST) Return on Invested Capital [ROIC] (2011 - 2026)
Casella Waste Systems' Return on Invested Capital [ROIC] came in at 1.51% for Q2 2026, down 0.29 percentage points from 1.80% a year earlier but up 0.12 percentage points from the prior quarter.
Casella Waste Systems (CWST) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Casella Waste Systems' Return on Invested Capital [ROIC] was 1.42%, 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 -6.29 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 1.97% in FY2024 (-1.52 pp), 3.49% in FY2023 (-3.04 pp), 6.54% in FY2022 (+0.68 pp) and 5.86% in FY2021 (-1.85 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 1.20% (Q3 2024) to 8.00% (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 3.73 percentage points).
- Business Quant data shows CWST's Return on Invested Capital [ROIC] at 1.39% (Q1 2026), 1.41% (Q4 2025) and 1.95% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.78 Bn | 80.69 Bn | 2.73 Bn | 10.72% |
| 2 | Republic Services | 64.17 Bn | 63.79 Bn | 1.87 Bn | 11.05% |
| 3 | Waste Connections | 38.78 Bn | 38.40 Bn | 1.08 Bn | 7.41% |
| 4 | Clean Harbors | 16.83 Bn | 13.84 Bn | 608.78 Mn | 9.66% |
| 5 | GFL Environmental | 15.57 Bn | 13.25 Bn | 385.80 Mn | -2.69% |
| 6 | Casella Waste Systems | 5.19 Bn | 4.31 Bn | 178.80 Mn | 1.51% |
| 7 | Onterris | 445.90 Mn | 405.17 Mn | 82.26 Mn | 1.01% |
| 8 | Perma Fix Environmental Services | 329.99 Mn | 221.55 Mn | -2.50 Mn | - |
| 9 | Deep Isolation Nuclear | 184.53 Mn | 184.53 Mn | 707,000.00 | - |
| 10 | Comstock | 172.41 Mn | 175.73 Mn | -896,073.00 | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.51% |
| Mar 31, 2026 | 1.39% |
| Dec 31, 2025 | 1.41% |
| Sep 30, 2025 | 1.95% |
| Jun 30, 2025 | 1.80% |
| Mar 31, 2025 | 1.76% |
| Dec 31, 2024 | 1.77% |
| Sep 30, 2024 | 1.20% |
| Jun 30, 2024 | 2.38% |
| Mar 31, 2024 | 2.46% |
| Dec 31, 2023 | 2.66% |
| Sep 30, 2023 | 3.07% |
| Jun 30, 2023 | 4.03% |
| Mar 31, 2023 | 6.19% |
| Dec 31, 2022 | 6.24% |
| Sep 30, 2022 | 6.42% |
| Jun 30, 2022 | 5.99% |
| Mar 31, 2022 | 5.56% |
| Dec 31, 2021 | 5.69% |
| Sep 30, 2021 | 8.00% |
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_KEY
import 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();