| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 21 | 994.6x | 17.8x | Bottom tier | |
Growth | 63 | 13.6% | 7.1% | Around median | |
Quality | 55 | 2.2% | 4.5% | Around median | |
Safety | 50 | 3.6x | 2.6x | Around median | |
Capital Return | 25 | — | 2.12% | Bottom tier | |
Momentum | 45 | -12.2% | 2.9% | Around median | |
Sentiment | 44 | 8 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Casella Waste Systems operates in waste collection, transfer, and disposal, benefiting from a network of landfills, transfer stations, and recycling and processing facilities within its markets. Its revenue comes from waste collection operations, disposal fees at landfills and transfer stations, and resource solutions that include recycling, processing, and national accounts; it also seeks to increase the density of its network and direct greater waste volumes to its assets through acquisitions and vertical integration.
In fiscal Q2 2026, revenue rose 16.9% year over year to $543.7 million, including $46.2 million from acquisitions and $32.2 million from 6.9% organic growth. Gross profit was $178.8 million, equivalent to a gross margin of approximately 32.9%, while GAAP net income was $3.8 million and earnings per share were $0.06. Adjusted net income was $25.3 million, and adjusted diluted earnings per share were $0.40.
Solid waste operations grew 18.4% in fiscal Q2 2026, driven by a 5.5% increase in pricing despite a 0.6% decline in volume, while Resource Solutions revenue grew 10.7%. Adjusted earnings before interest, taxes, depreciation, and amortization rose 12.5% to $123.2 million, but its margin declined 80 basis points to 22.7% due to the margin-dilutive impact of fuel and pressures in Resource Solutions.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is “Buy,” with an average price target of $113 and a range of $104 to $122; the average is above the 52-week range high of $107.96, while the annual range extends from $74.05 to $107.96. No reported price-to-earnings ratio is available, and trailing 12-month net income of $7.1 million and earnings per share of approximately $0.11 make the valuation highly sensitive to the company's ability to convert revenue and acquisition growth into higher earnings and margins, particularly after lowering fiscal 2026 net income guidance.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Revenue rose 16.9% to $543.7 million, including $46.2 million from acquisitions and $32.2 million from organic growth. Solid waste pricing increased 5.5%, while landfill volumes rose 8.4% by 86 thousand tons. Resource Solutions revenue also grew 10.7%, led by 17.1% growth in national accounts.
The adjusted earnings before interest, taxes, depreciation, and amortization margin was 22.7% in fiscal Q2 2026, down 80 basis points. Higher fuel recovery fees and the corresponding cost caused 40 basis points of pressure despite fully offsetting the increase in fuel costs in dollar terms. Resource Solutions added 70 basis points of pressure due to lower national account margins, the closure of the Maine facility, and a difficult comparison with elevated recycling volumes in fiscal 2025.
The company completed five acquisitions since the beginning of fiscal 2026 representing approximately $165 million in annual revenue. Acquisitions, including their carryover impact, contributed $46.2 million to fiscal Q2 2026 revenue but modestly reduced the margin. As of June 30, 2026, debt was $1.35 billion, cash was $25 million, and net leverage was 2.7 times, with available liquidity of approximately $500 million.
The company expects a permit in fiscal Q3 2026 for a capacity expansion at Hakes, giving the site approximately 20 years of capacity at current operating rates. At McKean, a new transfer station entered service, the company received its first railcars, and it began transporting internal waste from Massachusetts in July 2026. These assets support Casella's ability to benefit from shrinking disposal capacity in the Northeast, including the announced closure of Hudson Falls Incinerator by the end of 2026 and plans to close the Albany landfill.
Management raised revenue guidance to a range of $2.09 billion to $2.11 billion, an increase of $30 million. It maintained adjusted earnings before interest, taxes, depreciation, and amortization guidance at $473–483 million, adjusted free cash flow guidance at $200–210 million, and operating cash guidance at $370–380 million. In contrast, it lowered GAAP net income guidance to between zero and $6 million due to higher amortization and the income tax provision.
