Casella Waste (CWST) Q4 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, February 24, 2026 astatine 9:38 AM CST 54 min read

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Friday, February 20, 2026 astatine 10 a.m. ET

• President and Chief Executive Officer — Ned Coletta

• Chief Financial Officer — Bradford Helgeson

• Senior Vice President and Chief Operating Officer — Sean Steves

Brian Butler: Thank you, Marvin. Good morning, and convey you for joining america connected the call. Today, we'll beryllium discussing our 4th fourth and afloat twelvemonth 2025 results, which were released yesterday afternoon. This morning, I'm joined with Ned Coletta, President and Chief Executive Officer of Casella Waste Systems; Brad Helgeson, our Chief Financial Officer; and Sean Steves, our Senior Vice President and Chief Operating Officer. After a reappraisal of these results, and an update connected the company's activities and concern environment, we'll beryllium blessed to instrumentality your questions.

But first, delight enactment that assorted remarks we whitethorn marque astir the company's aboriginal expectations, plans and prospects represent forward-looking statements for the purposes of the harmless harbor provisions nether the Private Securities Litigation Reform Act of 1995. Actual results whitethorn disagree materially from those indicated by these forward-looking statements arsenic a effect of assorted important factors, including those discussed successful the Risk Factors conception connected our astir caller Form 10-K which is connected record with the SEC. In addition, immoderate forward-looking statements correspond our views lone arsenic of contiguous and should not beryllium relied upon arsenic representing our views connected immoderate consequent date.

While we whitethorn elite to update forward-looking statements astatine immoderate constituent successful the future, we specifically disclaim immoderate work to bash truthful adjacent if our views change. These forward-looking statements should not beryllium relied upon arsenic representing our views arsenic of immoderate day consequent to today, February 20, 2026. Also during this call, we'll beryllium referring to non-GAAP fiscal measures. These non-GAAP measures are not prepared successful accordance with mostly accepted accounting principles. Reconciliations of the non-GAAP fiscal measures to the astir straight comparable GAAP measures to the grade that they are disposable without unreasonable effort, are included successful our property merchandise filed connected Form 8-K with the SEC.

And with that, I'll present crook it implicit to Ned Coletta to statesman our discussion.

Ned Coletta: Thanks, Brian. Good greeting from Rutland, Vermont. As my archetypal net telephone arsenic CEO, I privation to statesman by saying however honored I americium to pb this exceptional squad into the adjacent section of Casella's growth. I'm energized by the opportunities up and assured successful our quality to proceed gathering semipermanent worth for our shareholders, customers, and employees. We closed the 4th fourth with show that reflects sustained integrated growth, meaningful operating improvement, and continued strategical momentum crossed the business. For the afloat twelvemonth 2025, revenues accrued 18%, Adjusted EBITDA accrued 17%, and adjusted escaped currency travel accrued 14%.