Revenue without the details. Casella Waste Systems reported Q4 2025 revenue of $1.80B, marking 17.9% growth year-over-year, but disclosed no EPS figures or consensus estimates in its preliminary release. The waste hauler’s stock ticked up 0.19% to $102.57 in after-hours trading, barely moving on the partial data drop.
Acquisitions fuel the expansion. The $1.80B top line follows a pattern established in Q3, when revenue hit $485.4M on the back of $53.4M from acquisitions and $20.4M from organic same-store growth of 4.9%. CFO Bradford Helgeson highlighted that Q3’s solid waste revenues climbed 20.6% with price increases of 4.6%, demonstrating the company’s ability to push through inflation. Q4’s revenue jumped 5.7% sequentially from Q3’s $485.4M, suggesting continued momentum into year-end.
The margin picture stays murky. Without earnings data, investors can’t assess whether the company maintained its slim 0.85% profit margin from prior quarters or improved on trailing twelve-month EPS of $0.24. The company’s forward P/E of 75.2x prices in significant earnings growth from the current $1.36 consensus estimate for fiscal 2026—but Q4’s missing profit data leaves that trajectory uncertain until the full release.
Management tees up February guidance. CEO John Casella noted on the Q3 call that the team planned to provide “building blocks” in February, specifically addressing synergies from acquisitions, operating initiatives, and back-office improvements over a multi-year horizon. That forward guidance will be critical given the stock’s 11.4% gain from $91.92 in late November to current levels near $102—a rally that’s pushed shares above both the 50-day average of $101.81 and 200-day average of $101.71.
The valuation demands delivery. At a $6.50B market cap and analyst price target of $115.33 implying 12.6% upside, Casella trades at a premium to the waste management sector on the expectation that its aggressive acquisition strategy and pricing power will drive margin expansion. Revenue growth of 17.9% validates the M&A playbook, but without Q4 profit data or formal 2026 guidance, the stock’s after-hours flatline suggests investors are waiting for substance before bidding shares higher.
This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.