CWST vs SPY

Comparison between Casella Waste Systems Inc - Class A (CWST, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed CWST, delivering a return of +13.8% compared to +4.8%

CWST vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CWST(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$5.36B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	97.15%	56.47%
Sharpe Ratio	-0.80	1.60
5Y Beta	0.49	1.00
Industry	Waste Management	N/A
P/E Ratio	1105.51	28.81
Forward P/E	88.50	22.07
PEG Ratio	3.29	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	-37.21%	25.84%
Debt to Equity	0.00%	34.16%
Free Cash Flow Yield	1.91%	N/A
P/S Ratio	2.86	3.69
P/B Ratio	3.47	5.54

Market Cap / Net Assets

CWST

$5.36B

Winner

SPY

$735B

Expense Ratio

CWST

N/A

SPY

0.09%

Max Drawdown

CWST

97.15%

Winner

SPY

56.47%

Sharpe Ratio

CWST

-0.80

Winner

SPY

1.60

5Y Beta

Winner

CWST

0.49

SPY

1.00

Industry

CWST

Waste Management

SPY

N/A

P/E Ratio

CWST

1105.51

Winner

SPY

28.81

Forward P/E

CWST

88.50

Winner

SPY

22.07

PEG Ratio

CWST

3.29

SPY

N/A

5Y Dividends CAGR

CWST

N/A

SPY

5.43%

5Y EPS CAGR

CWST

-37.21%

Winner

SPY

25.84%

Debt to Equity

Winner

CWST

0.00%

SPY

34.16%

Free Cash Flow Yield

CWST

1.91%

SPY

N/A

P/S Ratio

Winner

CWST

2.86

SPY

3.69

P/B Ratio

Winner

CWST

3.47

SPY

5.54

CWST vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	CWST	SPY
1 month	+9.89%	+4.59%
3 months	-8.43%	+7.81%
6 months	-6.03%	+14.24%
1 year	-24.77%	+26.47%
5 years(CAGR)	+4.82%	+13.84%
10 years(CAGR)	+28.72%	+15.57%
Max(CAGR)	+7.22%	+8.50%

Winner

CWST

+9.89%

SPY

+4.59%

CWST

-8.43%

Winner

SPY

+7.81%

CWST

-6.03%

Winner

SPY

+14.24%

CWST

-24.77%

Winner

SPY

+26.47%

5Y(CAGR)

CWST

+4.82%

Winner

SPY

+13.84%

10Y(CAGR)

Winner

CWST

+28.72%

SPY

+15.57%

Max(CAGR)

CWST

+7.22%

Winner

SPY

+8.50%

CWST vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CWST	SPY
2026	-11.39%	+8.80%
2025	-6.01%	+18.00%
2024	+24.95%	+25.59%
2023	+8.40%	+26.72%
2022	-5.19%	-18.64%
2021	+41.17%	+30.52%
2020	+34.79%	+17.28%
2019	+65.58%	+31.09%
2018	+23.01%	-5.24%
2017	+81.26%	+20.78%
2016	+114.34%	+13.59%
2015	+45.15%	+1.31%
2014	-30.46%	+14.56%
2013	+28.60%	+29.00%
2012	-33.64%	+14.17%
2011	-11.11%	+0.85%
2010	+62.99%	+13.14%
2009	+5.24%	+22.67%
2008	-67.39%	-36.25%
2007	+3.16%	+5.32%
2006	-4.82%	+13.85%
2005	-9.36%	+5.32%
2004	+5.48%	+10.75%
2003	+54.86%	+24.18%
2002	-39.93%	-22.42%
2001	+99.11%	-10.13%
2000	-53.81%	-8.84%
1999	+37.31%	+8.61%

CWST vs SPY Drawdown Comparison

The maximum drawdown for CWST was -97.15%, occurring on Mar 12, 2009. Recovery took 4491 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current CWST drawdown is -27.38%. The current SPY drawdown is -0.92%.

Rank	CWST	SPY
#1	-97.15% Dec 29, 1999 - Nov 2, 2017	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-37.72% May 6, 2025 - Mar 27, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-34.96% Feb 20, 2020 - Jul 31, 2020	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-28.08% Mar 10, 2022 - May 9, 2023	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-26.64% Nov 29, 2018 - Feb 12, 2019	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-23.23% May 15, 2023 - Mar 15, 2024	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-21.56% Nov 17, 2021 - Mar 10, 2022	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-15.70% Aug 28, 2019 - Nov 27, 2019	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-14.69% Sep 10, 2018 - Nov 29, 2018	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-13.80% Dec 18, 2020 - Mar 10, 2021	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-13.57% Feb 26, 2018 - May 4, 2018	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-12.57% May 4, 2018 - Jul 26, 2018	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-11.81% Oct 15, 2020 - Dec 15, 2020	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-10.84% Sep 2, 2020 - Oct 7, 2020	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-10.78% Mar 26, 2019 - Apr 25, 2019	-7.27% Sep 18, 2014 - Oct 31, 2014