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Casella Waste Systems vs OIO: revenue, profit, margins and growth compared

Casella Waste Systems brought in $1.8B of revenue in fiscal 2025, OIO $6.1M in fiscal 2024. Revenue changed by +18.0% at Casella Waste Systems and -1.0% at OIO on the year before, so Casella Waste Systems grew faster. Casella Waste Systems kept 0.4% of its revenue as net profit, OIO -10.4%. Free cash flow was $84.7M at Casella Waste Systems and -$3.4M at OIO.

Side by side, latest fiscal year

CWSTOIO
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$1.8B$6.1M
Revenue growth+18.0%-1.0%
Net income$7.9M-$633.3K
Net margin0.4%-10.4%
Free cash flow$84.7M-$3.4M
Free cash flow margin4.6%-56.0%
Earnings per share (diluted)$0.12-$0.02
Cash$123.8M$634.9K
Debt$1.2B$4.3M
Price to earnings685.3n/a
Market value$5.2B$574.2M
Dividend yieldn/an/a
Rank by revenue in sector#62 of 109 · Utilities#106 of 109 · Utilities

Over the years

Revenue
CWST FY2018: $660.7MCWST FY2019: $743.3MCWST FY2020: $774.6MCWST FY2021: $889.2MCWST FY2022: $1.1BCWST FY2023: $1.3BCWST FY2024: $1.6BCWST FY2025: $1.8BOIO FY2023: $5MOIO FY2023: $6.2MOIO FY2024: $6.1MFY18FY19FY20FY21FY22FY23FY24FY25
CWST $1.8BOIO $6.1M
Net income
CWST FY2018: $6.4MCWST FY2019: $31.7MCWST FY2020: $91.1MCWST FY2021: $41.1MCWST FY2022: $53.1MCWST FY2023: $25.4MCWST FY2024: $13.5MCWST FY2025: $7.9MOIO FY2023: -$2.4MOIO FY2023: -$95MOIO FY2024: -$633.3KFY18FY19FY20FY21FY22FY23FY24FY25
CWST $7.9MOIO -$633.3K
Net margin
CWST FY2018: 1.0%CWST FY2019: 4.3%CWST FY2020: 11.8%CWST FY2021: 4.6%CWST FY2022: 4.9%CWST FY2023: 2.0%CWST FY2024: 0.9%CWST FY2025: 0.4%OIO FY2023: -47.9%OIO FY2023: -1,540.8%OIO FY2024: -10.4%FY18FY19FY20FY21FY22FY23FY24FY25
CWST 0.4%OIO -10.4%
Revenue growth
CWST FY2019: +12.5%CWST FY2020: +4.2%CWST FY2021: +14.8%CWST FY2022: +22.0%CWST FY2023: +16.5%CWST FY2024: +23.1%CWST FY2025: +18.0%OIO FY2023: +23.5%OIO FY2024: -1.0%FY19FY20FY21FY22FY23FY24FY25
CWST +18.0%OIO -1.0%
Free cash flow
CWST FY2018: $47.6MCWST FY2019: $13.7MCWST FY2020: $31.8MCWST FY2021: $59.4MCWST FY2022: $86.4MCWST FY2023: $78.2MCWST FY2024: $78.1MCWST FY2025: $84.7MOIO FY2023: $1.5MOIO FY2023: $4.6MOIO FY2024: -$3.4MFY18FY19FY20FY21FY22FY23FY24FY25
CWST $84.7MOIO -$3.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about Casella Waste Systems and OIO

Which is bigger by revenue, Casella Waste Systems or OIO?

Casella Waste Systems is bigger by revenue: $1.8B in fiscal 2025, against $6.1M for OIO in fiscal 2024.

Which keeps more of its revenue as profit, Casella Waste Systems or OIO?

Casella Waste Systems had a net margin of 0.4% in fiscal 2025; OIO had -10.4% in fiscal 2024.

Which grew revenue faster, Casella Waste Systems or OIO?

In their latest fiscal years revenue changed by +18.0% at Casella Waste Systems and -1.0% at OIO.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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