Casella Waste Systems, Inc.

CWST

CWSTCasella Waste Systems, Inc. US flag

NASDAQ Global Select

84.02

USD

+1.02

- -

5.26BMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	455	468	455	498	546	565	599	661	743	775	889	1,085	1,265	1,557	1,837
+ Sales & Services Revenue	455	468	455	498	546	565	599	661	743	775	889	1,085	1,265	1,557	1,837
- Cost of Revenue	306	318	323	355	383	382	405	453	509	516	582	723	832	1,027	1,217
+ Cost of Goods & Services	306	318	323	355	383	382	405	453	509	516	582	723	832	1,027	1,217
Gross Profit	149	150	132	143	164	183	194	207	235	259	307	362	433	530	620
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	122	119	115	124	136	138	141	156	173	193	224	261	330	424	531
+ Selling, General & Admin	63	60	58	62	73	75	79	85	93	102	119	133	156	191	224
+ Research & Development	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	59	58	57	61	63	63	62	71	80	91	105	127	175	233	307
Operating Income (Loss)	27	31	18	19	28	45	53	52	62	66	83	101	102	106	89
- Non-Operating (Income) Loss	53	107	70	45	39	51	90	46	32	27	25	26	65	85	76
+ Interest Expense, Net	45	42	38	35	40	39	25	26	25	22	21	23	34	49	50
+ Interest Expense	46	42	38	35	40	39	25	26	25	22	21	24	45	59	60
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	11	10	10
+ Other Non-Op (Income) Loss	8	66	32	9	-1	13	65	20	8	5	4	3	31	36	27
Pretax Income	-27	-76	-53	-26	-10	-6	-37	6	30	38	58	75	37	21	13
- Income Tax Expense (Benefit)	-24	2	-3	2	1	- -	-15	- -	-2	-53	17	22	12	8	5
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-3	-78	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Net Extraordinary Losses (Gains)	-41	- -	54	19	14	7	22	-6	-32	-91	-41	-53	-25	-14	-8
+ Discontinued Operations	41	- -	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-83	- -	58	19	14	7	22	-6	-32	-91	-41	-53	-25	-14	-8
Income (Loss) Incl. MI	38	-78	-54	-19	-14	-7	-22	6	32	91	41	53	25	14	8
- Minority Interest	- -	- -	- -	4	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	38	-78	-54	-23	-13	-7	-22	6	32	91	41	53	25	14	8
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	38	-78	-54	-23	-13	-7	-22	6	32	91	41	53	25	14	8
EBIT	27	31	18	19	28	45	53	52	62	66	83	101	102	106	89
EBITDA	93	98	83	89	100	116	125	132	142	157	186	228	273	341	396
EBITDA Margin (%)	20.37	20.94	18.34	17.95	18.38	20.55	20.78	19.98	19.08	20.21	20.97	20.99	21.57	21.89	21.56
EBITA	27	31	18	19	28	45	53	52	62	66	83	101	102	106	89
Gross Margin (%)	32.7	32.03	29.06	28.74	29.99	32.4	32.39	31.39	31.57	33.43	34.5	33.36	34.2	34.03	33.77
Operating Margin (%)	5.85	6.64	3.85	3.83	5.18	7.95	8.81	7.83	8.35	8.49	9.32	9.35	8.07	6.81	4.86
Profit Margin (%)	8.45	-16.58	-11.89	-4.64	-2.37	-1.21	-3.64	0.97	4.26	11.76	4.62	4.89	2.01	0.87	0.43
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	66	67	66	70	72	71	72	80	80	91	104	126	171	235	307
Basic Weighted Avg Shares	26	27	34	40	41	41	42	43	47	49	51	52	55	60	- -
Basic EPS, GAAP	1.47	-2.9	-1.59	-0.58	-0.32	-0.17	-0.52	0.15	0.67	1.87	0.8	1.03	0.46	0.23	- -
Basic EPS from Cont Ops	-0.11	-2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Weighted Avg Shares	26	27	34	40	41	41	42	44	48	49	52	52	55	60	- -
Diluted EPS, GAAP	1.47	-2.9	-1.59	-0.58	-0.32	-0.17	-0.52	0.15	0.66	1.86	0.8	1.03	0.46	0.23	- -
Diluted EPS from Cont Ops	-0.11	-2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	72	67	65	71	77	79	84	97	103	247	146	207	426	613	369
+ Cash, Cash Equivalents & STI	2	5	2	2	2	3	2	4	3	154	34	71	221	383	124
+ Cash & Cash Equivalents	2	5	2	2	2	3	2	4	3	154	34	71	221	383	124
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	55	49	49	53	61	62	66	77	81	74	87	101	160	166	178
+ Accounts Receivable, Net	55	47	49	53	60	61	66	75	80	74	87	101	157	166	178
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	1	- -	- -	1	1	1	2	1	- -	- -	- -	3	- -	- -
+ Inventories	3	4	3	4	4	5	7	7	8	8	10	13	18	22	24
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	3	4	3	4	4	5	7	7	8	8	10	13	18	22	24
+ Other ST Assets	12	11	10	11	9	9	9	9	10	11	16	22	27	43	43
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	618	566	599	579	557	553	531	635	829	947	1,137	1,242	2,109	2,617	2,934
+ Property, Plant & Equip, Net	453	415	423	403	402	398	362	405	552	606	738	813	1,081	1,263	1,395
+ Property, Plant & Equip	1,077	1,006	1,068	1,099	1,192	1,236	1,173	1,283	1,397	1,507	1,711	1,877	2,249	2,565	2,890
- Accumulated Depreciation	624	591	646	696	790	837	811	879	845	901	973	1,065	1,168	1,302	1,496
+ LT Investments & Receivables	38	23	20	17	12	12	12	11	11	11	11	11	11	11	11
+ LT Investments	38	23	20	17	12	12	12	11	11	11	11	11	11	11	11
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	127	129	156	159	142	142	157	219	266	330	387	418	1,017	1,343	1,528
+ Total Intangible Assets	104	105	128	133	128	128	131	198	245	253	327	366	977	1,316	1,411
+ Goodwill	101	102	116	119	119	120	123	163	186	195	233	274	736	1,002	1,120
+ Other Intangible Assets	2	3	12	13	9	8	8	35	59	58	94	92	241	313	291
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	23	24	28	26	14	15	26	22	22	76	61	52	40	27	118
Total Assets	691	634	663	650	634	632	615	732	932	1,194	1,284	1,449	2,535	3,230	3,303
+ Payables & Accruals	67	80	82	89	84	78	82	106	115	111	132	158	203	204	211
+ Accounts Payable	42	47	52	52	45	45	47	57	64	49	63	74	117	111	102
+ Accrued Taxes	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	21	33	30	37	39	33	35	49	50	62	68	84	86	93	109
+ ST Debt	2	2	1	1	1	5	5	2	14	18	17	16	45	53	38
+ ST Borrowings	1	1	1	1	1	5	5	2	4	9	10	9	36	43	26
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	9	9	7	7	9	10	12
+ Other ST Liabilities	15	- -	4	- -	- -	- -	2	3	2	3	3	4	31	51	45
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	2	3	2	3	3	4	31	51	45
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	15	- -	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	84	81	88	90	85	82	89	111	131	131	152	178	279	307	294
+ LT Debt	464	475	495	507	506	504	478	542	580	591	599	642	1,074	1,155	1,201
+ LT Borrowings	461	473	495	507	506	504	478	542	509	530	543	585	1,008	1,091	1,129
+ LT Finance Leases	2	2	1	- -	- -	- -	- -	- -	71	61	56	57	66	64	73
+ Other LT Liabilities	49	59	65	62	64	70	87	95	99	109	110	131	161	217	239
+ Accrued Liabilities	6	5	7	7	6	6	2	3	3	1	1	- -	1	19	19
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	44	54	58	55	58	63	84	92	96	108	109	131	160	198	220
Total Noncurrent Liabilities	513	534	560	569	570	574	564	637	679	701	709	774	1,235	1,372	1,441
Total Liabilities	597	616	648	658	655	656	653	748	809	832	861	951	1,514	1,679	1,735
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	286	289	336	339	345	349	357	374	486	640	653	662	1,169	1,681	1,698
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1
+ Additional Paid in Capital	286	288	336	339	345	348	357	374	485	639	652	662	1,169	1,680	1,697
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-193	-270	-324	-347	-366	-373	-395	-389	-357	-266	-225	-172	-147	-133	-125
+ Other Equity	- -	-2	-1	- -	- -	- -	- -	-1	-6	-12	-5	8	-1	3	-4
Equity Before Minority Interest	94	16	11	-8	-22	-25	-38	-16	123	362	422	498	1,022	1,551	1,569
+ Minority/Non Controlling Interest	- -	2	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	94	18	15	-9	-22	-25	-38	-16	123	362	422	498	1,022	1,551	1,569
Total Liabilities & Equity	691	634	663	650	634	632	615	732	932	1,194	1,284	1,449	2,535	3,230	3,303
Shares Outstanding	27	27	40	40	41	42	42	43	48	51	51	52	58	63	64
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	2	2	2	- -	- -	- -	- -	- -	80	70	64	64	75	75	84
Net Debt	461	470	494	506	505	506	481	540	510	385	519	523	823	750	1,031
Net Debt to Equity	490.3	2,578.44	3,200.12	-5,921.93	-2,338.85	-2,061.52	-1,269.1	-3,412.66	415.35	106.4	122.76	105.01	80.5	48.36	65.72
Tangible Common Equity Ratio	-1.65	-16.34	-20.94	-27.27	-29.64	-30.19	-34.82	-39.88	-17.71	11.58	10.02	12.16	2.87	12.28	8.34
Current Ratio	0.86	0.83	0.73	0.79	0.9	0.95	0.95	0.87	0.79	1.88	0.96	1.17	1.53	2	1.26
Cash Conversion Cycle	0.3	-7.25	-13.26	-12.39	-4.52	0.7	2.57	2.16	-0.37	1.69	3.52	2.98	2.46	4.54	9.1

Cash Flow Statement (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-3	-78	-50	-27	-12	-7	-22	6	32	91	41	53	25	14	8
+ Depreciation & Amortization	66	67	66	70	72	71	72	80	80	91	104	126	171	235	307
+ Non-Cash Items	-9	69	27	16	9	26	62	40	29	-22	45	44	51	58	53
+ Stock-Based Compensation	2	2	3	2	3	3	6	8	7	8	12	8	9	12	14
+ Deferred Income Taxes	-23	2	-4	2	1	1	-16	1	-1	-52	15	17	7	7	3
+ Asset Impairment Charge	1	51	- -	- -	2	- -	- -	1	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	11	14	28	12	3	22	71	29	23	22	19	19	35	39	35
+ Chg in Non-Cash Work Cap	-5	6	1	-9	1	-9	-5	-5	-23	-20	-7	-6	-14	-25	-37
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	4	- -	4	- -	5	-2	-1	1	-2	-1	-6	-11	-8	-13	-7
+ Inc (Dec) in Accts Payable	-6	-2	-4	-5	1	-6	1	- -	-16	-24	6	12	34	-14	-27
+ Inc (Dec) in Other	-3	7	- -	-3	-4	-1	-5	-6	-5	6	-7	-7	-39	1	-4
+ Net Cash From Disc Ops	-1	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	47	64	43	49	71	80	108	121	117	140	183	217	233	281	330
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1
+ Disp of Fixed Prod Assets	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-56	-58	-55	-46	-50	-54	-65	-73	-103	-108	-123	-131	-155	-204	-246
+ Acq of Fixed Prod Assets	-55	-58	-55	-46	-50	-54	-65	-73	-103	-108	-123	-131	-155	-203	-245
+ Acq of Intangible Assets	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
+ Cash (Repurchase) of Equity	- -	- -	42	- -	- -	- -	- -	- -	103	145	- -	- -	496	496	- -
+ Increase in Capital Stock	- -	- -	42	- -	- -	- -	- -	- -	103	145	- -	- -	496	496	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	-5	-3	1	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	3	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -
+ Inc in LT Investment	- -	-5	-3	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-2	-2	-25	-8	5	-3	-5	-89	-75	-32	-171	-78	-852	-469	-224
+ Cash from Divestitures	- -	- -	- -	- -	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-2	-2	-25	-8	- -	-3	-5	-89	-75	-32	-171	-78	-852	-469	-224
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	131	-7	-8	-6	-5	-7	-7	-3	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	129	-1	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	74	-71	-91	-58	-49	-63	-76	-164	-177	-140	-293	-207	-1,006	-671	-469
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-108	11	15	9	-16	-3	-31	50	-46	8	-7	29	439	63	-25
+ Cash From Debt	384	164	376	162	355	605	186	635	198	157	4	88	465	847	92
+ Repayments of Debt	-492	-153	-361	-152	-371	-608	-217	-584	-243	-149	-10	-59	-26	-784	-116
+ Other Financing Activities	-13	- -	-13	- -	-6	-15	- -	-5	3	-1	-4	-2	-13	-8	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-121	10	45	9	-22	-19	-32	45	60	151	-10	27	922	552	-27
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	3	-3	1	- -	-1	-1	2	-1	151	-121	37	150	162	-166
EBITDA	93	98	83	89	100	116	125	132	142	157	186	228	273	341	396
EBITDA Margin (%)	20.37	20.94	18.34	17.95	18.38	20.55	20.78	19.98	19.08	20.21	20.97	20.99	21.57	21.89	21.56
Free Cash Flow	-9	5	-12	3	21	26	43	48	14	32	59	86	78	78	84
Net Cash Paid for Acquisitions	2	2	25	8	-5	3	5	89	75	32	171	78	852	469	224
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	74	103	109	116	120
Free Cash Flow to Equity	-115	18	4	14	5	24	12	99	-31	40	54	116	518	143	61
Free Cash Flow per Basic Share	-0.36	0.2	-0.36	0.09	0.5	0.64	1.02	1.12	0.29	0.65	1.16	1.67	1.42	1.31	- -
Price/Free Cash Flow	1.71	1.32	1.51	2.13	2.02	3.8	5.59	6.48	10.04	12.25	14.38	11.79	12.17	13.02	- -
Cash Flow to Net Income	1.22	-0.82	-0.79	-2.14	-5.44	-11.74	-4.93	18.82	3.69	1.54	4.45	4.09	9.18	20.79	41.9
Capital Expenditures	-56	-58	-55	-46	-50	-54	-65	-73	-103	-108	-123	-131	-155	-204	-246