| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.05 |
—
—
—
|
| 2025 | 0.05 |
—
—
—
—
|
| 2024 | 0.06 |
—
—
—
—
|
| 2023 | 0.05 |
—
—
—
—
|
| 2022 | 0.16 |
—
—
—
—
—
—
|
| 2021 | 0.05 |
—
—
—
—
—
|
| 2020 | 0.03 |
—
—
—
|
| 2019 | ‡‡‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 100.53 | 97.65 | 61.26 | 138.75 |
| Receivables | 835.40 | 920.35 | 642.70 | 754.88 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 1,100.09 | 1,237.45 | 833.22 | 1,048.64 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 1,243.88 | 1,372.17 | 1,351.46 | 1,298.05 |
| ST’ Debt | 7.19 | 836.72 | — | — |
| Other | 41.63 | 37.73 | 31.49 | 36.26 |
| 1,341.14 | 2,299.38 | 1,429.90 | 1,393.25 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | — | ‡‡‡ | ‡‡‡ |
| Book Value | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1,198.17 | 1,406.90 | — | — |
—
|
| ’25 | 1,086.45 | 1,211.17 | 1,229.82 | 1,207.56 |
4,735.00
|
| ’24 | 1,335.38 | 1,505.24 | 1,476.78 | 1,420.29 |
5,737.69
|
| ’23 | 1,329.90 | 1,445.65 | 1,408.62 | 1,383.32 |
5,567.48
|
| ’22 | 1,106.55 | 1,337.14 | 1,403.07 | 1,354.04 |
5,200.79
|
| ’21 | 937.18 | 1,070.10 | 1,179.76 | 1,221.75 |
4,408.80
|
| ’20 | 694.49 | 716.67 | 777.73 | 943.58 |
3,132.46
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 122.31 | 300.31 | — | — |
—
|
| ’25 | 120.83 | 225.93 | 285.29 | 309.82 |
941.86
|
| ’24 | 195.11 | 263.62 | 255.87 | 409.44 |
1,124.04
|
| ’23 | 142.30 | 194.79 | 94.44 | 294.75 |
726.28
|
| ’22 | 138.97 | 179.91 | 212.33 | 312.07 |
843.27
|
| ’21 | 167.99 | 149.71 | 170.14 | 228.59 |
716.43
|
| ’20 | (68.08) | 127.24 | 195.10 | 120.63 |
374.89
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (155.33) | 101.88 | — | — |
—
|
| ’25 | (95.69) | 15.50 | 75.53 | 171.40 |
166.76
|
| ’24 | (18.83) | 48.86 | 72.30 | 195.80 |
298.12
|
| ’23 | (49.67) | 1,212.38 | (1,307.00) | 134.73 |
(9.56)
|
| ’22 | 51.09 | 255.26 | 60.74 | 156.20 |
523.29
|
| ’21 | 67.29 | 76.25 | 147.76 | 115.94 |
407.25
|
| ’20 | (142.46) | 46.07 | 129.05 | 34.45 |
67.11
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.44) | (0.34) | — | — |
—
|
| ’25 | 6.04 | 0.51 | 0.20 | 0.05 |
7.15
|
| ’24 | (0.39) | (0.96) | 0.17 | (0.37) |
(1.51)
|
| ’23 | (0.49) | 0.54 | 0.00 | (0.15) |
(0.10)
|
| ’22 | 0.02 | 0.09 | (0.42) | (0.49) |
(0.80)
|
| ’21 | (0.52) | 0.02 | (0.56) | (0.20) |
(1.46)
|
| ’20 | (0.57) | (0.23) | (0.24) | (1.07) |
(2.15)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 23.10 | 26.87 | 30.57 | 41.29 | — | — | — |
Low Price
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 38.05 | 39.06 | 48.87 | 52.00 | — | — | — |
High Price
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 19,500 | 20,000 | 20,000 | 14,850 | — | — | — |
Employees
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.27 | 0.28 | 0.29 | 0.32 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,200.79 | 5,567.48 | 5,737.69 | 4,735.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.80% | 16.89% | 18.90% | 20.67% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (276.37) | 142.31 | (689.51) | 162.39 | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (5.31%) | 2.56% | (12.02%) | 3.43% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (239.30) | 23.85 | (538.37) | 2,729.25 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,173.42 | 1,103.57 | 1,144.18 | 941.93 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.16 | 15.06 | 15.07 | 12.81 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.80) | (0.10) | (1.51) | 7.33 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.30 | 1.96 | 2.95 | 2.55 | ‡‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.87) | (1.99) | (2.17) | (2.10) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.43 | (0.03) | 0.78 | 0.45 | — | — | — |
Free CF/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.66 | 14.80 | 13.84 | 14.50 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 367.17 | 369.66 | 380.84 | 369.56 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 6.31 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.07 | 2.25 | 2.96 | 3.35 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.32 | 2.29 | 3.22 | 2.96 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.48 | 3.45 | 4.27 | 4.54 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ |
EV/Sales
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 34.58 | (2,012.82) | 82.22 | 128.96 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 843.27 | 726.28 | 1,124.04 | 941.86 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (319.99) | (735.84) | (825.91) | (775.10) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 523.29 | (9.56) | 298.12 | 166.76 | ‡‡‡‡‡ | — | — |
FCF
|
| — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,006.88) | (241.06) | (1,061.93) | (596.68) | — | — | — |
Working Cap'
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,379.78 | 6,830.40 | 7,645.90 | 5,634.85 | — | — | — |
Total Debt
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,316.63 | 6,729.87 | 7,548.25 | 5,573.59 | — | — | — |
Net Debt
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4,649.12 | 5,471.70 | 5,270.40 | 5,357.30 | — | — | — |
Sh' Equity
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.61%) | (0.23%) | (3.88%) | 18.74% | ‡‡‡‡‡ | — | — |
ROA
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.27% | 1.12% | 1.62% | 2.38% | — | — | — |
ROIC
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (5.18%) | (0.69%) | (10.91%) | 51.64% | ‡‡‡‡‡ | — | — |
ROE
|
GFL Environmental Inc. has transformed the waste management sector through aggressive acquisitions, scaling revenue nearly eightfold from $692 million in 2016 to $5.74 billion in 2024, fueled by urbanization, population growth, and regulations. As a North American powerhouse post-2020 SPAC IPO, it boasts improving efficiency—revenue per employee up to $287,000 and per share at $15.07—amid tailwinds like recycling, renewable natural gas ventures, and market consolidation dominated by giants like Waste Management.
Despite early losses, high debt ($7.65 billion), and capex drag ($826 million in 2024), profitability is turning: gross margins surged to 18.9%, operating cash flow hit $1.12 billion, and free cash flow per share reached $0.78. Projections dazzle with a 2025 earnings rebound to $2.73 billion, EPS at $0.60 by 2027, and debt cuts, though a revenue dip looms short-term. The stock, peaking at $44 in 2021 before volatility, now trades well below analyst targets implying 76% upside.
This undervalued contender offers recession-resistant growth, but execution on integrations, rate sensitivity, and competition pose risks. Dive into the full analysis for per-share metrics, ROE/ROIC trends, valuation multiples, and Q4 2025 catalysts that could ignite shares.
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