← CASELLA WASTE SYSTEMS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($6.8m) |
($21.8m)
-218.28%
|
$6.4m
+129.45%
|
$31.7m
+393.04%
|
$91.1m
+187.83%
|
$41.1m
-54.89%
|
$53.1m
+29.15%
|
$25.4m
-52.15%
|
$13.5m
-46.71%
|
$7.9m
-41.85%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($6.9m) | ($21.8m) | $6.4m | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($9k) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $61.9m | $62.1m | $70.5m | $79.8m | $90.8m | $103.6m | $126.4m | $170.7m | $234.9m | $306.8m | $324.8m | |
| Amortization of Debt Issuance Costs | $3.9m | $2.7m | $2.4m | $2.3m | $2.2m | $2.3m | $1.9m | $3.0m | $3.0m | $3.0m | — | |
| Amortization of Intangible Assets | $2.1m | $2.1m | $3.3m | $7.2m | $8.9m | $11.0m | $16.6m | $31.0m | $56.5m | $76.5m | — | |
| Depreciation | $33.2m | $32.1m | $35.4m | $45.1m | $54.4m | $62.3m | $78.1m | $99.2m | $133.9m | $168.4m | $324.8m | |
| Deferred Income Tax Expense (Benefit) | $583k | ($15.5m) | $1.2m | ($1.2m) | ($52.3m) | $15.1m | $16.5m | $7.4m | $6.9m | $3.3m | ($6.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $3.4m | $6.4m | $8.4m | $7.2m | $8.2m | $11.6m | $8.2m | $9.1m | $12.2m | $14.2m | $13.3m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $0 | — | — | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($51.3m) | ($24.5m) | ($33.7m) | ($23.3m) | ($21.0m) | ($19.6m) | ($20.4m) | ($43.4m) | ($51.7m) | ($50.6m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | $1.6m | $1.7m | $2.0m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $1.0m | $4.7m | $5.8m | $5.5m | ($5.8m) | $7.4m | $7.1m | $39.4m | ($1.3m) | $3.6m | ($30.5m) | |
| Increase (Decrease) in Accounts Payable | $76k | $2.1m | $9.1m | $6.8m | ($15.2m) | $13.9m | $11.1m | $41.6m | ($13.6m) | ($8.6m) | $2.9m | |
| Net Cash Provided by (Used in) Operating Activities | $80.4m |
$107.5m
+33.70%
|
$120.8m
+12.36%
|
$116.8m
-3.31%
|
$139.9m
+19.77%
|
$182.7m
+30.60%
|
$217.3m
+18.92%
|
$233.1m
+7.26%
|
$281.4m
+20.71%
|
$329.8m
+17.21%
|
$351.2m
+6.48%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $54.2m | $64.4m | $73.2m | $103.2m | $108.1m | $123.3m | $131.0m | $154.9m | $203.2m | $245.1m | ($246.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $574k | ($49k) | $492k | $892k | ($936k) | ($172k) | $600k | $1.1m | $1.4m | $809k | $12.9m | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | — | — | — | — | $123.8m | — | |
| Payments to Acquire Investments | $0 | — | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $2.8m | $5.1m | $88.9m | $75.4m | $32.5m | $170.6m | $78.2m | $851.8m | $468.6m | $224.2m | ($450.0m) | |
| Net Cash Provided by (Used in) Investing Activities | $0 | ($76.4m) | ($164.2m) | ($177.5m) | ($140.0m) | ($293.2m) | ($206.9m) | ($1.0b) | ($670.6m) | ($469.1m) | ($695.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($13.7m) | ($517k) | ($7.4m) | $0 | $0 | — | — | ($8.2m) | $0 | $0 | — | |
| Proceeds from Issuance of Common Stock | — | $0 | $0 | $100.4m | $144.8m | $0 | $0 | $496.2m | $496.2m | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($17.2m) |
($31.6m)
-83.55%
|
$45.4m
+243.41%
|
$60.1m
+32.45%
|
$151.0m
+151.23%
|
($10.1m)
-106.70%
|
$26.9m
+366.40%
|
$922.3m
+3322.41%
|
$551.6m
-40.19%
|
($27.1m)
-104.91%
|
$151.8m
+660.83%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.1m) | ($549k) | $2.0m | ($536k) | $150.9m | ($120.5m) | $37.3m | $149.8m | $162.4m | ($166.4m) | $25.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.1m) | ($549k) | $4.0m | $3.5m | $154.3m | $33.8m | $71.2m | $220.9m | $383.3m | $216.9m | $25.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $42.7m | $25.0m | $23.5m | $23.2m | $20.1m | $19.0m | $21.0m | $43.6m | $61.2m | $59.0m | — | |
| Income Taxes Paid, Net | $274k | $146k | $105k | ($1.6m) | ($1.5m) | $1.4m | $2.8m | $10.1m | $6.8m | ($154k) | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense, Including Asset Retirement Obligations | $3.6m | $4.5m | $5.7m | $7.0m | $7.1m | $7.3m | $8.0m | $9.9m | $11.6m | $14.7m | — | |
| Asset Retirement Obligation, Accretion Expense | $3.6m | $4.4m | $5.6m | $6.2m | $6.4m | $6.8m | $7.6m | $9.5m | $11.3m | $14.5m | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Environmental Remediation Expense | $900k | $0 | $0 | — | — | $924k | $759k | $0 | $0 | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | — | $0 | — | |
| General and Administrative Expense | $75.4m | $79.2m | $84.8m | $92.8m | $102.4m | $118.8m | $133.4m | $155.8m | $190.8m | $224.2m | — | |
| Goodwill | $119.9m | $122.6m | $162.7m | $185.8m | $194.9m | $232.9m | $274.5m | $735.7m | $1.0b | $1.1b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($6.8m) | ($21.8m) | $6.4m | $31.7m | $91.1m | $41.1m | $53.1m | $25.4m | $13.5m | $7.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($6.9m) | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $494k | ($15.3m) | ($384k) | ($1.9m) | ($52.8m) | $16.9m | $21.9m | $11.6m | $7.5m | $5.2m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $62.4m | $62.5m | — | |
| Noncash Merger Related Costs | — | — | — | — | — | $315k | — | — | — | — | — | |
| Operating Lease, Expense | — | — | $0 | $9.6m | $8.5m | $13.8m | $13.8m | $15.3m | $17.8m | $22.1m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | ($421k) | — | — | — | — | — | — | — | — | — | |
| Pension Cost (Reversal of Cost) | — | — | — | ($397k) | — | — | — | — | — | — | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | $2.2m | $0 | $0 | — | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | $0 | $0 | — | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.