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
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GFL Environmental Inc. (GFL) Operating margin
GFL Environmental Inc.'s operating margin over the twelve months to 30 September 2026 was 7.39%, down 1.4 percentage points from fiscal 2025 (8.79%). Over the past ten years it has ranged from −21.1% (fiscal 2018) to 8.79% (fiscal 2025) — the current reading is the highest in ten years. That is above the Waste Management industry median of 0.00% and above the Industrials sector median of 5.21%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 8.79% | 2.98 |
| FY2024 | 5.81% | 1.88 |
| FY2023 | 3.93% | 2.94 |
| FY2022 | 0.99% | 2.15 |
| FY2021 | −1.16% | 6.43 |
| FY2020 | −7.59% | (0.24) |
| FY2019 | −7.35% | 13.70 |
| FY2018 | −21.1% | (25.70) |
| FY2017 | 4.65% | 6.58 |
| FY2016 | −1.93% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 7.39% | 1.81 |
| Jun 2026 | 5.58% | 4.18 |
| Mar 2026 | 1.40% | (14.06) |
| Dec 2025 | 15.5% | 5.61 |
| 25 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| RSG Republic Services, Inc. compare | 20.0% |
| WM Waste Management, Inc. compare | 18.4% |
| WCN Waste Connections, Inc. compare | 17.7% |
| CLH Clean Harbors, Inc. compare | 13.2% |
| GFL GFL Environmental Inc. | 7.39% |
| CWST Casella Waste Systems, Inc. compare | 3.38% |
| ONT Onterris, Inc. compare | 1.34% |
| OIO ESGL Holdings Limited compare | 0.00% |
| NVRI Enviri Corporation compare | −11.2% |
| Waste Management industry median | 0.00% |
| Industrials sector median | 5.21% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on GFL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement