Casella Waste Systems, Inc.
Description
Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers. The company provides non-hazardous solid waste services, including collections, transfer stations, recycling, and disposal operations. In addition, it markets materials, including fibers, corrugated cardboard, newsprint, plastics, glass, ferrous, and aluminum metals. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.
About
CEO
Mr. John W. Casella
Employees
4,200
Instrument type
Common Stock
Sector
Industrials
Industry
Waste Management
MIC code
XNGS
Address
25 Green Hill Lane, Rutland, VT 05701, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 28, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| Apr 23, 2025 | — | — | — | — |
| Feb 13, 2025 | 0.16 | — | — | — |
| Oct 31, 2024 | 0.27 | 0.27 | 0.00 | 0.00% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 7 | — | 9 |
| Average estimate | — | 0.05 | — | 1.03 |
| Low estimate | — | -0.04 | — | 0.72 |
| High estimate | — | 0.18 | — | 1.42 |
| Last year EPS | — | -0.01 | — | 0.64 |
[stock_revenue_estimate]
Growth estimates
Current qtr
21.610%
Next qtr. (Mar 2025)
580.300%
Current year
-32.220%
Next year (Dec 2025)
62.410%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 1.26B | 1.09B | 889.21M | 774.58M | 743.29M |
| Cost of revenue | 832.04M | 723.12M | 582.40M | 515.65M | 508.66M |
| Gross profit | 432.50M | 361.97M | 306.81M | 258.94M | 234.63M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 155.85M | 133.42M | 119.41M | 102.41M | 92.78M |
| Other operating expenses | 3.87M | 759,000 | 924,000 | 4.59M | 2.71M |
| Operating income | 102.08M | 101.44M | 82.89M | 65.75M | 62.06M |
| Non operating interest income | |||||
| Income | 10.74M | 709,000 | 302,000 | 303,000 | 367,000 |
| Expense | 47.58M | 23.72M | 21.23M | 22.37M | 25.10M |
| Other income expense | -28.20M | -3.46M | -3.92M | -5.38M | -7.55M |
| Pretax income | 37.05M | 74.97M | 58.05M | 38.30M | 29.78M |
| Tax provision | 11.65M | 21.89M | 16.95M | -52.80M | -1.87M |
| Net income | 25.40M | 53.08M | 41.10M | 91.11M | 31.65M |
| Basic EPS | 0.46 | 1.03 | 0.80 | 1.87 | 0.67 |
| Diluted EPS | 0.46 | 1.03 | 0.80 | 1.86 | 0.66 |
| Basic average shares | 55.17M | 51.62M | 51.31M | 48.79M | 47.23M |
| Diluted average shares | 55.17M | 51.62M | 51.31M | 48.79M | 47.23M |
| EBITDA | 285.17M | 231.09M | 188.09M | 157.90M | 143.66M |
| Net income from continuing op. | 25.40M | 53.08M | 41.10M | 91.11M | 31.65M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2.54B | 1.45B | 1.28B | 1.19B | 932.18M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 220.91M | 71.15M | 33.81M | 154.34M | 3.47M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 157.32M | 100.89M | 86.98M | 74.20M | 80.21M |
| Other receivables | — | — | — | — | — |
| Inventory | 17.86M | 13.47M | 9.73M | 7.87M | 7.68M |
| Prepaid assets | 17.22M | 15.18M | 12.77M | 9.29M | 8.99M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 9.92M | 6.79M | 3.20M | 1.33M | 1.21M |
| Non current assets | |||||
| Properties | 469.32M | 380.26M | 352.60M | 289.74M | 276.01M |
| Land and improvements | 833.99M | 768.24M | 711.14M | 665.21M | 607.52M |
| Machinery furniture equipment | 683.42M | 519.64M | 459.95M | 382.44M | 351.88M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -1.17B | -1.06B | -973.09M | -900.88M | -844.87M |
| Goodwill | 1.71B | 640.70M | 559.44M | 448.13M | 430.36M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 241.43M | 91.78M | 93.72M | 58.32M | 58.72M |
| Investments and advances | 10.97M | 10.97M | 11.26M | 11.26M | 11.26M |
| Other non current assets | 39.68M | 51.92M | 60.85M | 76.33M | 21.72M |
| Total liabilities | 1.51B | 951.32M | 861.12M | 831.76M | 809.43M |
| Current liabilities | |||||
| Accounts payable | 116.79M | 74.20M | 63.09M | 49.20M | 64.40M |
| Accrued expenses | 85.77M | 83.69M | 68.50M | 61.54M | 50.24M |
| Short term debt | 44.82M | 15.97M | 17.21M | 17.79M | 13.66M |
| Deferred revenue | 31.47M | 3.74M | 3.40M | 2.69M | 2.30M |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 1.07B | 642.36M | 598.88M | 591.39M | 579.73M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 627,000 | 437,000 | 868,000 | 912,000 | 2.64M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 37.33M | 28.28M | 30.19M | 35.98M | 34.76M |
| Shareholders equity | |||||
| Common stock | 580,000 | 517,000 | 514,000 | 511,000 | 478,000 |
| Retained earnings | -146.52M | -171.92M | -225.00M | -266.10M | -357.02M |
| Other shareholders equity | -1.08M | 7.54M | -5.10M | -11.52M | -6.04M |
| Total shareholders equity | 1.02B | 497.90M | 422.46M | 362.14M | 122.75M |
| Additional paid in capital | 1.17B | 661.76M | 652.05M | 639.25M | 485.33M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | 25.40M | 53.08M | 41.10M | 91.11M | 31.65M | 6.42M | -21.80M | -6.86M | -11.78M | -27.31M | -49.98M | -77.70M | -2.96M | -16.05M | -68.53M | 3.82M | -17.88M | 11.10M | 7.27M | 8.11M | -59.81M | 7.48M | -101.54M | 11.68M | 6.62M | 1.84M | — |
| Depreciation | 170.71M | 126.35M | 103.59M | 90.78M | 79.79M | 80.23M | 71.75M | 71.15M | 72.13M | 70.29M | 65.95M | 66.90M | 66.00M | 70.49M | 78.27M | 83.78M | 78.76M | 70.67M | 65.43M | 59.60M | 47.88M | 50.71M | 52.88M | 40.21M | 25.73M | 19.96M | 13.10M |
| Deferred Taxes | 7.39M | 16.53M | 15.07M | -52.29M | -1.24M | 1.25M | -15.53M | 583,000 | 795,000 | 1.58M | -3.54M | 1.82M | -23.12M | 3.03M | 8.44M | -2.37M | -11.25M | 4.98M | 5.13M | -2.01M | 6.05M | 6.12M | -10.87M | 11.94M | 558,000 | 2.20M | — |
| Stock-Based Compensation | 9.08M | 8.16M | 11.55M | 8.22M | 7.22M | 8.45M | 6.43M | 3.39M | 3.08M | 2.40M | 2.52M | 1.86M | 1.59M | 1.99M | 1.68M | 1.38M | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 25.69M | 18.23M | 17.78M | 20.95M | 21.37M | 21.90M | 70.70M | 8.39M | 7.43M | 4.56M | 4.30M | 4.57M | 4.07M | 3.84M | 3.46M | -8.41M | 27.59M | — | 7.08M | — | — | — | — | — | 36,000 | -1.69M | — |
| Accounts Receivable | -39.44M | -7.10M | -7.42M | 5.82M | -5.46M | -5.83M | -4.66M | -1.03M | -4.42M | -3.42M | 139,000 | 7.44M | -3.27M | -8.18M | 11.02M | -1.48M | -5.13M | -6.51M | -2.33M | -5.86M | -7.47M | 8.12M | 16.69M | -14.19M | -1.75M | -1.10M | -3.40M |
| Accounts Payable | 41.59M | 11.08M | 13.89M | -15.23M | 6.76M | 9.09M | 2.08M | 76,000 | -3.60M | -186,000 | 4.15M | 4.21M | 7.44M | 5.09M | -17.12M | -470,000 | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | — | — | — | — | -5.31M | — | — | — | — | — | — | — | — | — | 13.97M | -9.82M | 2.68M | 1.17M | -4.98M | -2.50M | -3.59M | 4.06M | 9.07M | -8.12M | 1.10M | -2.30M | -700,000 |
| Operating Cash Flow | 240.43M | 226.32M | 195.56M | 149.36M | 134.78M | 121.50M | 108.98M | 75.70M | 63.64M | 47.92M | 23.53M | 9.10M | 49.74M | 60.21M | 31.19M | 66.43M | 74.78M | 81.41M | 77.60M | 57.34M | -16.94M | 76.49M | -33.76M | 41.53M | 32.28M | 18.90M | 9.00M |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | -153.80M | -130.36M | -122.51M | -107.58M | -102.42M | -72.36M | -64.15M | -52.88M | -49.28M | -44.44M | -54.14M | -56.87M | -53.63M | -62.14M | -61.32M | -77.68M | -104.58M | -120.84M | -96.30M | -57.83M | -40.71M | -35.74M | -59.22M | -68.14M | -53.53M | -34.61M | -49.60M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | -1.61M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -851.84M | -78.20M | -170.65M | -32.46M | -75.38M | -88.92M | -5.06M | -2.84M | 5.34M | -8.31M | -25.23M | -2.10M | -1.74M | -864,000 | -2.39M | -11.88M | 4.63M | -19.69M | -9.51M | -31.95M | -18.07M | -4.60M | -9.33M | -81.84M | -33.34M | -29.42M | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | -2.11M | -3.21M | -5.05M | — | -49,000 | -2.53M | -156,000 | -4.38M | -3.05M | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | 1.64M | — | — | — | — | — | — | — | 3.44M | — | — | — | — | — | — | — | — | — | — | — | 3.53M | — | — | — | — | — |
| Investing Cash Flow | -1.01B | -206.92M | -293.15M | -140.03M | -177.46M | -164.20M | -76.45M | -62.96M | -48.78M | -57.91M | -88.84M | -70.63M | -53.50M | -63.05M | -65.42M | -85.69M | -98.79M | -149.05M | -102.77M | -123.66M | -63.21M | -9.53M | -55.57M | -156.34M | -95.98M | -61.26M | -50.30M |
| Financing Activities | |||||||||||||||||||||||||||
| Long-Term Debt Issuance | 465.00M | 88.20M | 3.70M | 157.00M | 197.80M | 634.70M | 185.50M | 604.85M | 355.23M | 161.65M | 376.35M | 163.50M | 383.76M | 492.34M | 127.60M | 301.20M | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -26.26M | -59.21M | -10.31M | -149.38M | -243.37M | -584.22M | -216.97M | -608.20M | -371.00M | -152.38M | -360.86M | -152.81M | -491.67M | -485.80M | -142.35M | -223.07M | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -12.76M | -2.23M | -3.68M | -1.53M | -749,000 | -5.57M | -1.45M | -15.37M | -6.01M | -405,000 | -12.73M | -802,000 | -10.46M | -14.09M | 162,000 | -451,000 | -582,000 | -768,000 | -3.05M | -2.63M | -11.47M | — | — | — | 200,000 | — | -500,000 |
| Financing Cash Flow | 922.22M | 26.76M | -10.29M | 150.88M | 56.74M | 44.90M | -32.92M | -18.71M | -21.78M | 8.87M | 44.95M | 9.89M | -118.37M | -7.28M | -14.59M | 3.99M | 1.03M | 1.43M | -1.40M | 1.37M | -11.01M | 3.56M | 55.00M | 2.14M | 56.44M | 44.94M | -500,000 |
| Other Cash Details | |||||||||||||||||||||||||||
| End Cash Position | 220.91M | 71.15M | 33.81M | 154.34M | 3.47M | 4.01M | 2.00M | 2.54M | 2.31M | 2.46M | 1.76M | 4.53M | 1.82M | 2.04M | 1.84M | 2.81M | 12.36M | 7.43M | 8.58M | 8.01M | 15.65M | 4.30M | 22.00M | 8.86M | 4.23M | 3.33M | 1.40M |
| Income Tax Paid | 10.11M | 2.80M | 1.44M | — | — | 105,000 | 146,000 | 274,000 | 282,000 | 532,000 | — | 5.05M | 1.48M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 43.59M | 21.00M | 19.03M | 20.12M | 23.18M | 23.52M | 25.03M | 42.71M | 35.23M | 35.16M | 41.35M | 40.71M | 44.29M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 78.19M | 86.35M | 59.44M | 31.81M | 13.66M | 47.60M | 42.68M | 26.20M | 20.51M | 3.48M | -12.78M | 5.41M | -9.46M | 3.17M | 14.00M | -8.73M | -26.59M | -48.32M | -16.23M | 11.56M | 25.03M | 24.22M | -10.51M | -27.87M | -16.39M | -14.69M | -35.10M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Smallcap World Fund | Sep 30, 2024 | 2,074,095 | 223.53M | 3.33% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 1,954,151 | 210.60M | 3.14% |
| Conestoga Small Cap Fund | Sep 30, 2024 | 1,845,335 | 198.87M | 2.96% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,724,238 | 185.82M | 2.77% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 1,543,115 | 166.30M | 2.48% |
| Delaware Group Equity Fds V-Small Cap Core Fund | Nov 30, 2024 | 940,061 | 101.31M | 1.51% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 921,733 | 99.34M | 1.48% |
| Wasatch Core Growth Fund | Sep 30, 2024 | 891,928 | 96.12M | 1.43% |
| Vanguard Small-Cap Growth Index Fund | Sep 30, 2024 | 857,589 | 92.42M | 1.38% |
| Harbor Small Cap Value Fund | Oct 31, 2024 | 678,904 | 73.17M | 1.09% |
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Casella Waste Systems, Inc. to Host Conference Call on Its Fourth Quarter 2024 Results
RUTLAND, Vt., Jan. 20, 2025 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, will release its financial results for the three months ended December 31, 2024 after the market closes on Wednesday, February 12, 2025.
Jan 20, 2025
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Casella Waste Systems, Inc. Announces Pricing of Up to $45.0 Million of Finance Authority of Maine Solid Waste Disposal Revenue Bonds
RUTLAND, Vt., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (“Casella”) (NASDAQ:CWST), a regional solid waste, recycling and resource management services company, today announced that it has priced the previously announced offering of up to $45.0 million aggregate principal amount of the Finance Authority of Maine (the “Authority”) Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc. Project) Series 2024 (the “Bonds”) to be issued under an indenture between the Authority and the bond trustee, dated as of December 1, 2024.
Dec 17, 2024
