Casella Waste Systems, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $7.9M | $13.5M | $25.4M | $53.1M | $41.1M | $91.1M | $31.7M | $6.4M |
| Depreciation & Amortization | $306.8M | $234.9M | $170.7M | $126.4M | $103.6M | $90.8M | $79.8M | $70.5M |
| Depreciation | $168.4M | $133.9M | $99.2M | $78.1M | $62.3M | $54.4M | $45.1M | $35.4M |
| Amortization | $76.5M | $56.5M | $31.0M | $16.6M | $11.0M | $8.9M | $7.2M | $3.3M |
| Stock-Based Compensation | $14.2M | $12.2M | $9.1M | $8.2M | $11.6M | $8.2M | $7.2M | $8.4M |
| Net Cash from Operating Activities | $329.8M | $281.4M | $233.1M | $217.3M | $182.7M | $139.9M | $116.8M | $120.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $245.1M | $203.2M | $154.9M | $131.0M | $123.3M | $108.1M | $103.2M | $73.2M |
| Business Acquisitions | $224.2M | $468.6M | $851.8M | $78.2M | $170.6M | $32.5M | $75.4M | $88.9M |
| Net Cash from Investing Activities | $-469.1M | $-670.6M | $-1.01B | $-206.9M | $-293.2M | $-140.0M | $-177.5M | $-164.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-27.1M | $551.6M | $922.3M | $26.9M | $-10.1M | $151.0M | $60.1M | $45.4M |
| Net Change in Cash | $-166.4M | $162.4M | $149.8M | $37.3M | $-120.5M | $150.9M | $-536.0K | $2.0M |
| Free Cash Flow | $84.7M | $78.1M | $78.2M | $86.4M | $59.4M | $31.8M | $13.7M | $47.6M |