Casella Waste reports Q4 adjusted EPS 41c, consensus 16c

Reports Q4 revenue $427.5M, consensus $419.53M. “We finished the year strong, reporting records yet again across our key financial metrics in 2024, with growth of over 20% in revenues, Adjusted EBITDA and Adjusted Free Cash Flow,” said John Casella, CEO of Casella Waste (CWST) Systems. “Our consistent execution against clear operating and growth strategies have yielded consistently strong results, year after year… We acquired eight businesses in 2024 with over $200M in annualized revenue, further strengthening our operating capabilities in our Mid-Atlantic markets and entering a strategically attractive adjacency in the Hudson Valley region of New York. We have started the year strong on the growth front already in 2025, with three acquisitions and approximately $40M in annualized revenues, filling in our service territory in Maryland and Pennsylvania and adding synergistic overlap in Eastern Massachusetts. In total, these acquired operations have generally come in at initial adjusted EBITDA margins at or below our consolidated average, but represent significant improvement opportunity going forward as we continue to integrate the businesses, invest in organic growth, and implement our operating initiatives and practices.”