Casella Waste Systems vs Veralto
Veralto is the larger business, with $5.50bn of revenue in fiscal 2025 against $1.84bn for Casella Waste Systems (3.0 times as much). Casella Waste Systems grew faster (18.0% against 6.0%). Veralto kept more of each dollar of sales as profit: a net margin of 17.1% against 0.4%.
| Latest fiscal year | Casella Waste SystemsCWST, 2025 | VeraltoVLTO, 2025 |
|---|---|---|
| Revenue | $1.84bn | $5.50bn |
| Revenue growth | 18.0% | 6.0% |
| Net income | $7.9m | $940m |
| Operating margin | — | 23.2% |
| Net margin | 0.4% | 17.1% |
| Return on equity | 0.5% | 36.6% |
| Free cash flow | $84.7m | $1.01bn |
| Cash | $124m | $2.03bn |
| Total debt | $1.17bn | $2.67bn |
| Debt to equity | — | 86.1% |
| Dividend per share | — | — |
| Dividend yield | — | 0.4% |
| Share buybacks | — | — |
| Employees | 5,600 | 17,000 |
| Market value | $6.18bn | $28.36bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 35 (Weak) | — |
| Insider trades, 12 months | 0 buys, 28 sales | 0 buys, 9 sales |