Casella Waste Systems Inc

Casella Waste Systems (CWST) is a regional US integrated waste-management company providing collection, transfer, recycling, organics and landfill disposal services to municipal and commercial customers. With a market capitalisation of about $5.5 billion, Casella combines recurring revenue from contractual routes with tipping fees and commodity sales from recycling and resource recovery. Growth is supported by contract renewals, selective acquisitions that expand local scale and operational improvements that raise margins. Investors should note the company’s capital intensity — landfill and fleet investments — and exposure to commodity price swings, fuel costs and environmental regulation. Historically the business generates relatively stable cash flow, but performance can vary with economic activity and recycling markets. As always, this is general information for education only: prospective investors should review recent financial statements, consider valuation, and seek personalised advice if required. Past performance is not a reliable guide to future returns.