Casella Waste Systems

Government & Public Services environment waste management

Casella was founded in 1975 as a single truck operation in Rutland, Vermont. The foundation of our business has been built on managing and conserving environmental resources for our customers and communities. In 1977, we built and opened the first recycling center in Vermont, an early implementation of an environmentally and socially sustainable mission.

The future of managing waste is clear – we must continue to offer innovative solutions to our customers. Casella’s committed to superior service, original strategies and partnerships to continue to bring new ideas to the table. We have to challenge assumptions, re-define the status quo. We are working hard and will continue reinventing the way the world manages waste.

Type

Public

Rutland, US

Founded

1975

Size (employees)

2,000 (est)+6%

Website

casella.com

Casella Waste Systems was founded in 1975 and is headquartered in Rutland, US

Casella Waste Systems Office Locations

Casella Waste Systems has an office in Rutland

Rutland, US (HQ)

25 Green Hill Ln

Casella Waste Systems Data and Metrics

Casella Waste Systems Financial Metrics

Casella Waste Systems's revenue was reported to be $565 m in FY, 2016 which is a 3% increase from the previous period.

Summary

USD

Casella Waste Systems's current market capitalization is $692.8 m.

Income Statement

USD	FY, 2014	FY, 2015	FY, 2016
Revenue	497.6 m	546.5 m	565 m
Revenue growth, %		10%	3%
Cost of goods sold	354.6 m	258.7 m	258.7 m
Gross profit	143 m	287.9 m	306.4 m
Gross profit Margin, %	29%	53%	54%
Operating expense total	485.7 m	346.3 m	346.3 m
EBIT	11.9 m	22.1 m	22.1 m
EBIT margin, %	2%	4%	4%
Interest expense	38.2 m	25.6 m	25.6 m
Interest income	312 k	(247 k)	247 k
Income tax expense	1.8 m	703 k	703 k
Net Income	(27.4 m)	(11.8 m)	(6.9 m)

Balance Sheet

USD	FY, 2014	FY, 2015	FY, 2016
Cash	2.5 m	2.3 m	2.5 m
Inventories	3.9 m	4.3 m	4.9 m
Current Assets	70.8 m	76.7 m	78.6 m
Goodwill	119.1 m	119 m	119.9 m
Total Assets	649.9 m	649.9 m	631.5 m
Accounts Payable	51.8 m	44.9 m	45 m
Current Liabilities	89.7 m	85.3 m	82.4 m
Common Stock	391 k	401 k	406 k
Additional Paid-in Capital	338.6 m	344.5 m	348.4 m
Retained Earnings	(347.5 m)	(366.5 m)	(373.3 m)
Total Equity		(21.6 m)	(24.6 m)
Financial Leverage		-30.1 x	-25.7 x

Cash Flow

USD	FY, 2014	FY, 2015	FY, 2016
Net Income	(27.4 m)	(5.8 m)	(5.8 m)
Depreciation and Amortization	60.3 m	41.5 m	41.5 m
Accounts Receivable	(3.4 m)	(3.1 m)	(3.1 m)
Accounts Payable	(186 k)	(3.3 m)	(3.3 m)
Cash From Operating Activities	49.6 m	38.3 m	38.3 m
Purchases of PP&E	(43.3 m)	(55 m)	(55 m)
Cash From Investing Activities	(57.9 m)	(59.7 m)	(59.7 m)
Long-term Borrowings	(152.4 m)	(109.3 m)	(109.3 m)
Cash From Financing Activities	9 m	19.3 m	19.3 m
Interest Paid	35.2 m	18.4 m	18.4 m
Income Taxes Paid	532 k	182 k	182 k