CWST Casella Waste Systems margins

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Relative Growth: Rel. Growth: 48
Relative Strength: Rel. Strength: 64
Relative Valuation: Rel. Valuation: 22
Relative Profitability: Rel. Profitability: 33
Gross margin
33.4%
Operating margin
3.4%
EBITDA margin
20.4%
Net margin
0.3%

Current Casella Waste Systems reports a gross margin of 33.4%, an operating margin of 3.4%, an EBITDA margin of 20.4%, and a net margin of 0.3%. Operating margin contracted by 0.4 percentage points, while other available margins were unchanged.

CWST margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Casella Waste Systems's margins averaged 33.94% gross, 4.45% operating, 20.56% EBITDA, and 0.85% net. Each of the four current margins is below its three-year average.

CWST margin expansion

Year-over-year margin changes in percentage points

Gross margin contracted by 0.3 percentage points, operating margin by 0.4 percentage points, and net margin by 0.3 percentage points, while EBITDA margin was unchanged.

Gross margin expansion
-0.3pp
Operating margin expansion
-0.4pp
EBITDA margin expansion
0pp
Net margin expansion
-0.3pp

CWST Gross margin

Over the last 3 years, the average gross margin for Casella Waste Systems was 33.94%. The latest gross margin for Casella Waste Systems is 33.4%, 0.5 percentage points below its three-year average. Casella Waste Systems's gross margin ranged from a low of 33.4% in Jun 2026 to a high of 34.3% in Jun 2024.

CWST Operating margin

Over the last 3 years, the average operating margin for Casella Waste Systems was 4.45%. As of the latest period, Casella Waste Systems's current operating margin is 3.4%, which is 1.1 percentage points below its three-year average. Casella Waste Systems's operating margin ranged from a low of 3.4% in Jun 2026 to a high of 6.4% in Dec 2023.

CWST EBITDA margin

Over the last 3 years, the average EBITDA margin for Casella Waste Systems was 20.56%. The latest EBITDA margin for Casella Waste Systems is 20.4%, 0.2 percentage points below its three-year average. Casella Waste Systems's EBITDA margin ranged from a low of 20.2% in Dec 2023 to a high of 21.3% in Jun 2024.

CWST Net margin

The average net margin for Casella Waste Systems was 0.85% over the last 3 years. Currently, the current net margin for Casella Waste Systems is 0.3%, 0.6 percentage points below its three-year average. The net margin for Casella Waste Systems moved between 0.3% in Jun 2026 and 2% in Dec 2023.

CWST margin group comparison

Margins compared with peer-group, industry and sector averages

Casella Waste Systems's gross margin of 33.4% is higher than the Industrials sector and the industry average. But when looking at the Industrials sector average of 32.7%, Casella Waste Systems's gross margin is only 2.1% higher.

CWST margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Casella Waste Systems's gross margin?

As of Jun 30, 2026, CWST has a gross margin of 33.4%.

What is Casella Waste Systems's operating margin?

The current operating margin for CWST is 3.4% as of Jun 30, 2026.

What is Casella Waste Systems's EBITDA margin?

The current EBITDA margin for CWST is 20.4% as of Jun 30, 2026.

What is Casella Waste Systems's net margin?

The current net margin for CWST is 0.3% as of Jun 30, 2026.

What are the average margins of CWST?

The three-year average margins for CWST were 33.9% gross, 4.5% operating, 20.6% EBITDA, and 0.9% net.

What are the highest historical margins of CWST?

Casella Waste Systems's highest recorded margins during the past 5 years were 34.5% gross in Dec 2021, 9% operating in Sep 2022, 21.3% EBITDA in Jun 2024, and 5.1% net in Sep 2022.

What are the lowest historical margins of CWST?

In the last 5 years, the lowest margins reported by CWST were 33.4% gross in Dec 2022, 3.4% operating in Jun 2026, 19.5% EBITDA in Jun 2023, and 0.3% net in Jun 2026.