CWSTCasella Waste Systems, Inc.

$93.71

Is it safe?

Can CWST take a bad year?

Casella Waste Systems, Inc. carries $1.02B of net debt at 2.71× EBITDA: a load its earnings can carry.

$1.02B

Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
2.71×

Net debt / EBITDA · 2.70× a year ago · the load is going up

Altman Z-score
2.63

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
1.04×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ1 2026
$1.15B
Cash and short-term investments
$127M
Net debt
$1.02B
EBITDA, trailing twelve months
$379M
Operating profit, trailing twelve months
$65M
Debt / equity
0.73×
Total debt / EBITDA
3.04×
Annualised volatilitytwo years of daily moves
30%
Worst drawdown on file
−38%
Below its 52-week high
−13%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.