# Casella Waste Systems Inc. (CWST) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Industrials / Commercial Services. Price $96.23, market value $6.1 billion.

## Valuation
- **P/E (trailing): 1069.2×** (5-yr avg 329.2×, 3-yr avg 487.3×). Casella Waste Systems Inc. trades at 1069.2× trailing earnings, well above its own five-year average of 329.2×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 67.5×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 3.1×**. Each dollar of revenue is priced at 3.1×.
- **Price / book: 3.9×**. The shares trade at 3.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 18.3×**. Enterprise value is 18.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 1.7%** (5-yr avg 1.5%). Free cash flow equals 1.7% of the market value, in line with its five-year average of 1.5%.
- **Earnings yield: 0.1%**. The inverse of the P/E: 0.1% of the price is earned each year.

## Profitability
- **Operating margin: 3.4%**. 3.4% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 0.4%**. 0.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 0.5%**. 0.5% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 2.0%**. Return on all capital, debt included, is 2.0%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.2%**. Each dollar of assets produces 0.2% of profit.

## Growth
- **Revenue growth (1 yr): 18.0%** (3-yr 19.2%/yr, 5-yr 18.9%/yr). Revenue grew 18.0% over the last year, against 18.9% a year compounded over five years.
- **EPS growth (1 yr): -47.8%** (3-yr -51.2%/yr, 5-yr -42.2%/yr). Earnings per share fell 47.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -0.6%/yr**. Free cash flow has compounded at -0.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.74**. Debt is 0.74 times equity, moderate leverage.
- **Net debt / EBITDA: 2.6×**. It would take 2.6 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 1.26** (quick 1.26). Current assets cover the next year's liabilities 1.26 times.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Casella Waste Systems Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover Casella Waste Systems Inc.; the consensus is buy, with an average price target of $106.50 (+11% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 10.5%** (YTD -0.1%, 3-mo 6.4%). The shares are up 10.5% over twelve months including dividends.
- **From 52-week high: -10.9%** (30.0% above the low). Trading 11% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 62**. An RSI of 62 is neutral.
- **Beta (1 yr): 0.02** (volatility 38%). Beta of 0.02 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CWST · Page: https://foliofundamentals.com/stocks/cwst

Not investment advice.