CWST CASELLA WASTE SYSTEMS INC

FY2025 10-K
Filed: Feb 20, 2026
Utilities
Refuse SystemsSEC EDGAR

CASELLA WASTE SYSTEMS INC (CWST) filed its fiscal year 2025 10-K annual report with the SEC on Feb 20, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Integrated solid waste management and recycling services across U.S. regions
  • Emphasis on equity incentive programs with 2.4 million shares available for future issuance under compensation plans
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Management Discussion & Analysis

  • Acquisitions cash paid $224.2M in 2025 vs $468.6M in 2024, acquiring nine businesses in 2025 vs eight in 2024
  • Capital expenditures $245.0M in 2025, up $41.8M YoY due to fleet, facilities investment, partially offset by lower landfill spend
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Risk Factors

  • Regulatory risk from changing federal and state public policies impacting waste industry operations and compliance
  • Geopolitical risk from ongoing global conflicts reducing waste volumes and construction activity across eastern U.S. footprint
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Financial Summary
XBRL

Revenue

$1.8B

Net Income

$8M

Operating Margin

3.5%

Net Margin

0.4%

ROE

0.5%

Total Assets

$3.3B

EPS (Diluted)

$0.12

Operating Cash Flow

$330M

Source: XBRL data from CASELLA WASTE SYSTEMS INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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