GFL Environmental Inc.

GFL Industrials Waste Management

GFL Environmental Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, down 17.5% from fiscal 2024.

Revenue
+25.3%
EPS
−130.0%
Free cash flow
+38.1%
Total debt
+56.4%

Quarter to September 2026, against a year earlier

46.07 0.78 +1.72%
Market cap
$20.1B
P/E
0.0×
Fwd P/E
−63.7×
Dividend yield
0.14%
F-score
7/9
Altman Z
1.53
Beneish M
−3.04
Dividend safety
60/100

GFL Environmental Inc. (GFL) Net margin

Alert me on Net margin

GFL Environmental Inc.'s net margin over the twelve months to 30 September 2026 was −5.39%, down 63.3 percentage points from fiscal 2025 (58.0%). Over the past ten years it has ranged from −26.1% (fiscal 2018) to 58.0% (fiscal 2025) — the current reading is the highest in ten years. That is below the Waste Management industry median of 0.00% and below the Industrials sector median of 2.52%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 58.0% 68.16
FY2024 −10.2% (9.59)
FY2023 −0.62% 5.22
FY2022 −5.84% 5.14
FY2021 −11.0% 12.73
FY2020 −23.7% (10.21)
FY2019 −13.5% 12.57
FY2018 −26.1% (18.49)
FY2017 −7.58% 8.69
FY2016 −16.3% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 −1.53% 7.26
Jun 2026 −8.79% 4.33
Mar 2026 −13.1% (14.43)
Dec 2025 1.31% (4.74)
25 more quarters

Against its own ten years

Low −26.1% High 58.0%
Ten-year median −10.6%
Current reading's percentile 50

Net margin against peers

Company Net margin
RSG Republic Services, Inc. compare 12.9%
WM Waste Management, Inc. compare 11.8%
WCN Waste Connections, Inc. compare 11.4%
CLH Clean Harbors, Inc. compare 8.05%
CWST Casella Waste Systems, Inc. compare 0.29%
OIO ESGL Holdings Limited compare 0.00%
ONT Onterris, Inc. compare −1.40%
GFL GFL Environmental Inc. −5.39%
NVRI Enviri Corporation compare −24.3%
Waste Management industry median 0.00%
Industrials sector median 2.52%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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