Casella Waste Systems

Casella Waste Systems

Waste collection, recycling, and resource management.

Overview

Casella Waste Systems provides waste management and recycling services across the Eastern United States. It collects waste from residential, commercial, and industrial customers and processes it through recycling and resource-management operations to recover materials and energy from waste streams. The company integrates collection, processing, and recovery facilities to turn discarded materials into usable resources, supporting sustainable waste practices and local communities. Its approach centers on managing environmental resources and delivering value by reducing waste, increasing recycling, and providing dependable services. Casella’s goal is to help communities manage waste more efficiently, lower environmental impact, and promote long-term sustainability.

Significant Headcount Growth

About Casella Waste Systems

Simplify's Rating
Why Casella Waste Systems is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Rutland, Iowa

Founded

1975

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Simplify's Take

What believers are saying

  • August 6, 2026 revenue guidance rose to $2.09-$2.11 billion after Q2 strength.
  • Q2 2026 revenue reached $543.7 million, driven by pricing, volumes, and acquisitions.
  • Damian Ribar joined July 20, 2026, strengthening acquisition integration and operational execution.

What critics are saying

  • MassNatural PFAS litigation tied to Casella Organics keeps environmental liability alive in 2026.
  • August 6, 2026 guidance lowered GAAP net income to $0-$6 million after amortization.
  • Landfill permits, closure schedules, and Ontario County’s 2028 shutdown threaten volume and existential capacity.

What makes Casella Waste Systems unique

  • Eastern U.S. integrated network combines collection, transfer, landfills, recycling, and organics.
  • July 28, 2026 Hyland RNG startup monetizes landfill gas through long-duration revenue sharing.
  • Five acquisitions in 2026, totaling $165 million annualized revenue, deepen regional density.

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Funding

Total Funding

$2.5B

Above

Industry Average

Funded Over

8 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Parental Leave

Flexible Spending Accounts

Wellness Program

Professional Development Budget

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

13%

1 year growth

13%

2 year growth

13%
Kalkine
Aug 7th, 2026
Casella Waste raises 2026 revenue guidance by $30M to $2.11B.

Casella Waste raises 2026 revenue guidance by $30M to $2.11B. 07 August 2026 03:27 PM PDT Summarize with AI You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to its research reports, in-depth technical and fundamental research. Learn more Casella Waste Systems increased its 2026 revenue projections by $30 million to between $2.09 billion and $2.11 billion, showcasing confidence in sustainable business momentum. This upward revision signals to investors a solid growth trajectory and potential for enhanced shareholder value in the competitive waste management sector. Key Highlights * Casella Waste Systems reported second-quarter revenues of $543.7 million, reflecting a strong 16.9% increase largely driven by strategic acquisitions and pricing growth. * Casella Waste Systems' revenue increase of 16.9% to $543.7 million in Q2 was bolstered by acquisitions, which accounted for $46.2 million, and same-store growth of $32.2 million, or 6.9%. * The adjusted EBITDA margin stood at 22.7%, slightly down by 80 basis points from the previously reported quarter due to fuel recovery fees and challenges in the resource solutions segment. Casella Waste Systems reported second-quarter revenues of $543.7 million, reflecting a strong 16.9% increase largely driven by strategic acquisitions and pricing growth. The company also boosted its 2026 revenue projections by $30 million, highlighting its confidence in ongoing business performance, which is significant for investors eyeing sustainable growth strategies in waste management. Revenue Growth Driven by Pricing and Acquisitions Casella Waste Systems' revenue increase of 16.9% to $543.7 million in Q2 was bolstered by acquisitions, which accounted for $46.2 million, and same-store growth of $32.2 million, or 6.9%. The growth reflects a favorable environment for the waste management sector as demand for services continues to rise in both residential and commercial markets. Such solid revenue metrics can enhance investor confidence, positioning Casella Waste favorably compared to its peers in the industry. Margins Under Pressure but Adjusted EBITDA Shows Resilience The adjusted EBITDA margin stood at 22.7%, slightly down by 80 basis points from the previously reported quarter due to fuel recovery fees and challenges in the resource solutions segment. Excluding these pressures, Casella's base business demonstrated margin improvement of over 50 basis points, indicating underlying operational efficiency among its core activities. The mixed signals on margins may suggest to investors the need for vigilance concerning cost management as the company continues to pursue growth. Full-Year Guidance Signals Ongoing Growth Casella Waste Systems raised its 2026 full-year guidance, now projecting revenues between $2.09 billion and $2.11 billion, an increase of $30 million from prior estimates. Management reaffirmed its adjusted EBITDA target at $473 million to $483 million, alongside an adjusted free cash flow goal of up to $210 million. While adjusting its GAAP net income guidance downward to a range of $0 million to $6 million due to higher amortization and tax expenses, the overall outlook remains positive. Investors might interpret this upward revision in revenue guidance as a signal that Casella is well-positioned to capitalize on market dynamics and enhance shareholder value over the coming quarters. Continued Acquisitions and Expansion Strategy During the quarter, Casella completed five acquisitions that contributed about $165 million in annualized revenue. The company is also targeting an impressive $15 million in cost savings through 2028, with landfill expansion efforts aimed at enhancing long-term capacity. Casella's strategic focus on integration and market expansion could provide a significant competitive edge in a sector characterized by consolidation. As the waste management industry evolves, the company's aggressive growth plans will be key for maintaining a favorable position in a market that is increasingly driven by efficiency and sustainability. Analysis based on company disclosures and public reporting; figures verified against the source. This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions. FAQs. Q: what are the key highlights from Casella Waste Systems' Q2 2026 earnings? A: Casella Waste Systems reported a 16.9% revenue increase to $543.7 million and raised its full-year outlook for 2026, indicating strong demand drivers in the waste management sector. Q: How did Casella Waste Systems manage to achieve revenue growth? A: The revenue growth was driven by strategic acquisitions contributing $46.2 million, strong same-store growth of 6.9%, and a 5.5% increase in solid waste pricing, highlighting effective market strategies. Q: What can investors expect from Casella Waste Systems moving forward? A: Investors can anticipate ongoing growth due to increased revenue guidance for 2026, alongside continued commitment to acquisitions and long-term cost savings, which are likely to enhance profit margins and shareholder value. Download Free Report - Explore 3 Stock Ideas & Industry Insights Unlock 3 stock ideas and key industry insights in its free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice. All investments involve risk - consider independent advice before making any investment decisions. Disclaimer:

Yahoo Finance
Aug 6th, 2026
Casella Waste Systems beats Q2 expectations with revenue up 16.9% to $543.7M

Casella Waste Systems reported strong second-quarter results for 2026, beating Wall Street expectations. Revenue grew 16.9% year on year to $543.7 million, surpassing analyst estimates of $525.5 million. The waste management company's non-GAAP earnings of $0.40 per share exceeded consensus estimates by 36.1%. The company raised its full-year revenue guidance to $2.1 billion at the midpoint, up from $2.07 billion, coming in 1.3% above analyst expectations. Adjusted EBITDA reached $123.2 million with a 22.7% margin, in line with estimates. However, free cash flow margin declined to 4.9% from 9% in the same quarter last year. Casella has demonstrated strong long-term performance with a 19.3% compounded annual growth rate over the past five years.

Burlington Free Press
Jul 31st, 2026
New summit aims to solve Vermont workforce gaps.

New summit aims to solve Vermont workforce gaps. Beth McDermott Burlington Free Press July 31, 2026, 4:45 a.m. ET Workforce in Motion will bring students and employers together at the Champlain Valley Expo on Sept. 29 for a career summit designed to address Vermont's workforce challenges and connect young people with local job opportunities. The Workforce in Motion Summit, presented by Casella Waste Systems and hosted by the Lake Champlain Chamber, will welcome Vermont students for a day of hands-on career exploration, according to a community announcement. The event will feature activities that allow students to interact with employers, industries and career pathways across the state. After the student-focused portion of the summit, the event will open to the public for an afternoon career fair where job seekers can meet with employers and training providers from across the region. The Burlington-area event follows the organization's inaugural summit in Rutland in May, which brought together more than 1,150 students and 65 businesses representing 15 career pathways, according to the announcement. "It's important for students to see the careers that are available to them, especially the opportunities that exist right here in their own backyard," said Joe DeBonis, principal of Poultney High School. More than 95% of surveyed students who attended the Rutland event said they would recommend the experience, according to the announcement. Organizers said many participants reported learning about careers they had not previously considered. "There is nothing like first-person, hands-on experience to help children see all that is possible," added David Perry of Christ the King School. Organizers said the summit will include live demonstrations, interactive exhibits and opportunities to explore careers in healthcare, manufacturing, construction, public safety, transportation, technology and other high-demand fields. "After great success in the Rutland region, we are excited to bring Workforce In Motion's unique model to northwest Vermont," said Catherine Davis, president and CEO of the Lake Champlain Chamber. "Engaging students early about the opportunities available to them right here in our community is important for their future success and for the vibrant, innovative economy we need." Workforce In Motion founder Russ Marsan said the Burlington summit is part of a broader effort to expand the program across Vermont. "Workforce In Motion was never intended to be a one-community initiative. It was designed to become a statewide movement. Every region faces unique challenges, but they all share the same opportunity: When education, business, workforce partners, and community leaders come together with a common purpose, we can create meaningful career pathways that keep our young people here, attract talent and strengthen Vermont's economy for generations to come." Students and schools interested in attending can register at workforceinmotion.org. Employers interested in exhibiting or sponsorship opportunities can contact Kristin Bogovich at [email protected]. This story was created with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at cm.usatoday.com/ethical-conduct.

Associated Press
Jul 28th, 2026
Casella Waste and Waga Energy launch RNG facility producing 610,000 MMBtu annually at Hyland Landfill

Casella Waste Systems and Waga Energy have launched a renewable natural gas (RNG) facility at the Hyland Landfill in Angelica, New York. This marks the second of three RNG projects developed by the partners to become operational. The facility uses Waga Energy's WAGABOX technology to convert landfill gas into pipeline-quality RNG. With 3,000 SCFM of processing capacity, it can generate up to 610,000 MMBtu annually, making it one of Waga Energy's largest US production units. The RNG is injected into the Eastern Gas Transmission and Storage network. The project is expected to avoid 47,000 tonnes of CO₂-equivalent emissions yearly. Waga Energy funded the construction and will operate the facility for 20 years, sharing revenue with Casella. The project qualifies for US Inflation Reduction Act incentives.

GlobeNewswire
Jul 28th, 2026
Casella Waste Systems and Waga Energy announce start of operations of RNG facility at Hyland Landfill.

Casella Waste Systems and Waga Energy announce start of operations of RNG facility at Hyland Landfill. RUTLAND, Vt., July 28, 2026 (GLOBE NEWSWIRE) - Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling and resource management services company in the Eastern United States, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas ("RNG") from landfills, announced the start of operations of the RNG production facility at the Hyland Landfill in Angelica, New York. The facility coming online marks another important milestone in Casella's strategy to recover value from the waste it manages. Hyland is the second of three RNG projects developed by Casella and Waga Energy to enter operation, following the Chemung County facility. "It is so gratifying for our team to see our fourth RNG project come online at the Hyland landfill," said Ned Coletta, President and CEO of Casella Waste Systems, Inc. "Several years ago, we made the strategic decision to work with RNG experts to develop the capacity at our landfills, and we have not been disappointed about our decision to partner with Waga Energy. Their entire team has collaborated effectively with our team to bring these projects online within a tight timeline, and their innovative technology is performing well at each landfill." The facility uses Waga Energy's patented WAGABOX(R) technology to upgrade landfill gas into pipeline-quality RNG. With 3,000 SCFM of installed processing capacity, Hyland can generate up to 610,000 MMBtu (180 GWh) of renewable gas annually, making it one of the largest RNG production units in Waga Energy's U.S. portfolio. "The commissioning of a large-capacity WAGABOX(R) unit at the Hyland facility demonstrates the scalability of our technology and its ability to produce RNG from landfill sites of various sizes," said Guénaël Prince, Chief Executive Officer of Waga Energy Inc. "It is also the second project developed with Casella to enter operation this year, reflecting the strength of our partnership and our shared commitment to turning landfill gas into a reliable source of renewable energy." The RNG produced on-site is injected directly into the Eastern Gas Transmission and Storage network, supplying the region with a renewable alternative to fossil natural gas. The project is expected to avoid 47,000 tons of CO[2]-equivalent emissions each year, according to U.S. Environmental Protection Agency (EPA) standards[1]. Under the terms of the agreement, Waga Energy deployed the capital required to fully fund the construction of the facility and will own and operate it for 20 years, while Casella and Waga Energy share the revenue generated from RNG sales. The Hyland project is expected to qualify for incentives under the U.S. Inflation Reduction Act (IRA). About Casella Waste Systems, Inc. Casella Waste Systems, Inc., headquartered in Rutland, Vermont, provides resource management expertise and services to residential, commercial, municipal, institutional and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services in the eastern United States. For more information, visit www.casella.com. About Waga Energy Waga Energy produces competitively priced Renewable Natural Gas (RNG, also known as biomethane) by upgrading landfill gas using a patented purification technology called WAGABOX(R). The RNG produced is injected directly into the gas grids that supply individuals and businesses, providing a substitute for natural fossil gas. Waga Energy currently operates 36 RNG production units in France, Spain, Canada and the USA, representing an installed capacity of more than 6.5 million MMBtu (1.9 TWh) per year. To date, Waga Energy has 19 RNG production units under construction worldwide. Each project initiated by Waga Energy contributes to the fight against global warming and helps the energy transition. Waga Energy is listed on Euronext Paris (FR0012532810 - EPA: WAGA). Safe Harbor Statement Certain matters discussed in this press release, including but not limited to, the statements regarding its intentions, beliefs or current expectations concerning, among other things, projections as to the anticipated benefits of the commercial agreement, the anticipated amounts of renewable natural gas to be produced and the anticipated impact of the commercial agreement and the renewable natural gas facilities on the Company's business and future financial and operating results are "forward-looking statements". These forward-looking statements can generally be identified as such by the context of the statements, including words such as "believe," "expect," "anticipate," "plan," "may," "would," "intend," "estimate," "will," "guidance" and other similar expressions, whether in the negative or affirmative. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which the Company operates and management's beliefs and assumptions. The Company cannot guarantee that it actually will achieve the financial results, plans, intentions, expectations or guidance disclosed in the forward-looking statements made. Such forward-looking statements, and all phases of the Company's operations, involve a number of risks and uncertainties, any one or more of which could cause actual results to differ materially from those described in its forward-looking statements. Such risks and uncertainties include or relate to, among other things, the following: project development timelines may extend past anticipated schedules; the Company may not fully recognize the expected financial benefits from the RNG facilities due to operational challenges, gas production levels, market or economic factors outside its control which may impact revenues and costs, or for other reasons; and potential regulatory changes could adversely impact operations. There are a number of other important risks and uncertainties that could cause the Company's actual results to differ materially from those indicated by such forward-looking statements. These additional risks and uncertainties include, without limitation, those detailed in Item 1A. "Risk Factors" in the Company's most recently filed Form 10-K for the fiscal year ended December 31, 2025, and in other filings that the Company may make with the Securities and Exchange Commission in the future. The Company undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. Contact Us Casella Waste Systems, Inc. | Media Relations Jeff Weld Vice President of Communications (802) 772-2234 | Investor Relations Jason Mead Senior Vice President of Finance and Treasurer (802) 772-2293 | | / | / | Waga Energy | Alicia Fanni Marketing and Communications Manager (786) 300-9545 [email protected] | Laurent Barbotin Head of PR +33 772 771-185 [email protected] | | / | / |

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