# GFL Environmental share price today (GFL Environmental Inc., GFL)

> GFL Environmental Inc. is reporting record margins. GFL · Industrials · Waste Management · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/gfl

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## Key numbers

- Price: $45.70 (+4.6% in a year)
- P/E: 122.0× (higher than 96% of the last 1 year)
- Revenue (Jun 2026): $1.9 B (+16.3% on a year ago)
- Profit (Jun 2026): −$163 M (−162.6% on a year ago)
- Operating margin: 6.9% (−2.7 points on a year ago)
- ROE: 51%, FY25
- ROIC: 2.1%, against a 5.9% cost of capital: −3.8 points
- Profit that came in as cash: 60%, last 2 years

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the GFL Environmental share price today? GFL Environmental Inc.'s share price was $45.70 at the close on 3 November 2026. It has been stalling near its high for 11 weeks. That is 12.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between $34 and $46, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 15 weeks in a row. Over the last 6.7 years the share price moved +169% while the S&P 500 moved +154%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does GFL Environmental pay? GFL Environmental Inc. paid $0.09 per share over the last four reported quarters. The most recent declaration was $0.02 for Dec 2025. At today's price of $45.70 that is a yield of 0.20%, based on dividends already paid, not a forecast. ## Which stock lists is GFL Environmental on? GFL Environmental is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is GFL Environmental profitable? GFL Environmental Inc. posted a net loss of $163 M in the Jun 2026 quarter. Full-year FY25 profit was $3.8 B. That loss is 8.3% of the quarter's revenue. The same quarter a year earlier earned $260 M. 6 of the last 12 reported quarters were loss-making. Jun 2026 profit was −$163 M, −162.6% on a year earlier. Why profit moved: revenue changed +16.3% on a year earlier and the margin moved −2.7 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −90.5% and revenue +9.5%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does GFL Environmental make, and is it growing? GFL Environmental Inc. reported $1.9 B of revenue in the Jun 2026 quarter, +16.3% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 4 years it has grown 6.5% a year on average. The last full year, FY25, came in at $6.6 B. The last four reported quarters add to $7.0 B. FY25 revenue was $6.6 B, +7.8% on the year before. Recent pace: the last four quarters grew +9.5% on average, against 6.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +9.6%, against +1.4% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does GFL Environmental keep? GFL Environmental Inc.'s operating margin was 6.9% in the Jun 2026 quarter, 2.7 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 0.0% and 6.0%. The latest quarter is above every full year in that period. Across 5 years it has been between 0.0% and 6.0%, and FY25's 6.0% is the highest of them. Why the margin moved: operating margin changed −2.7 percentage points on the year while gross margin changed −2.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is GFL Environmental's profit turning into cash? Over the last 2 years, 60% of GFL Environmental Inc.'s reported profit came in as cash from its operations, so most of the profit is real cash. In FY25 it brought in $1.3 B of operating cash against $3.8 B of profit. After $1.1 B of spending on assets, $175 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does GFL Environmental's cash go? GFL Environmental Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $3.4 B on assets over the last 3 years. Averaged over those years that is 17.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $3.4 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is GFL Environmental's P/E ratio, and how does it compare with its own history? GFL Environmental Inc.'s P/E is 122.0×, near the high end of its own history: higher than 96% of past readings. Its usual P/E (the middle reading) is 7.0×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the GFL Environmental business getting better or worse? GFL Environmental Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does GFL Environmental earn on its capital? GFL Environmental Inc. earned a ROE of 51% in FY25. That is up from a low of −11% in FY21. Its return on capital used (ROIC) is 3.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 57.6% net margin and 0.34× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 57.6% net margin × 0.34× asset turnover × 2.58× leverage (assets divided by equity) ≈ 50.5% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 2.1% − 5.9% = −3.8 percentage points. The 5.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does GFL Environmental have too much debt? GFL Environmental Inc. has total debt of $10.1 B against shareholder equity of $7.5 B as of Jun 2026, so its debt is 1.34× its equity. Year by year, that ratio went from 1.46 in FY21 to 1.06 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the GFL Environmental shareholding pattern? 6.4% of GFL Environmental Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 6.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is GFL Environmental from balance-sheet trouble? For GFL Environmental Inc., the Z-score is 1.03. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.03 is inside the danger zone, so the balance sheet is a real risk. ## How does GFL Environmental rank in its industry? 49.1 out of 100, rank 5 of 12 in Waste Management, with 71% of the evidence available. GFL Environmental Inc. scores 49.1 out of 100 against the 12 companies it is compared with in Waste Management, ranking 5. Relative strength against the index is 4.6%, and revenue and profit growth are weak. The four parts add up to the total exactly: 12.9 + 8.1 + 11.1 + 17 = 49.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is GFL Environmental compared with? GFL Environmental ranks 5 of 12 Waste Management companies on the 4-Factor Sector Score, with 49.1 out of 100. 1. [Waste Connections, Inc.](https://www.sectoralpha.in/us/stocks/wcn) WCN · turning · Most evidence points up · 85% evidence 68.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 6.3% · Profit 82.2% · Operating margin change 1.6 points · 95% evidence Capital efficiency 14.3/25 · ROCE 9.9% · Operating margin 20.8% · 76% evidence Valuation 6.6/20 · P/E 34.2× · PEG 3.76 · 65% evidence Relative strength 20.0/20 · Lead over its industry 20.5% · Lead over S&P 500 7% · 1 year 12.3% · 100% evidence · 5 of 12 weeks ahead Exact sum: 27.5 + 14.3 + 6.6 + 20 = 68.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Clean Harbors, Inc.](https://www.sectoralpha.in/us/stocks/clh) CLH · quiet · Evidence leans up · 81% evidence 56.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 5.1% · Profit 14% · Operating margin change 1.9 points · 83% evidence Capital efficiency 15.5/25 · ROCE 11.1% · Operating margin 15.5% · 76% evidence Valuation 9.7/20 · P/E 36× · PEG 2.29 · 65% evidence Relative strength 9.1/20 · Lead over its industry 10.1% · Lead over S&P 500 -1.7% · 1 year 41.8% · 100% evidence · 6 of 12 weeks ahead Exact sum: 22.6 + 15.5 + 9.7 + 9.1 = 56.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Waste Management, Inc.](https://www.sectoralpha.in/us/stocks/wm) WM · turning · Evidence leans up · 81% evidence 55.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 7.2% · Profit 4.8% · Operating margin change 0.5 points · 83% evidence Capital efficiency 17.0/25 · ROCE 12% · Operating margin 19% · 76% evidence Valuation 6.0/20 · P/E 31.4× · PEG 4.73 · 65% evidence Relative strength 12.8/20 · Lead over its industry 12.3% · Lead over S&P 500 -0.4% · 1 year 16.2% · 100% evidence · 1 of 12 weeks ahead Exact sum: 20.1 + 17 + 6 + 12.8 = 55.9 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 4. [Republic Services, Inc.](https://www.sectoralpha.in/us/stocks/rsg) RSG · turning · Evidence leans up · 81% evidence 54.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.4/35 · Revenue 3.2% · Profit 2.9% · Operating margin change -0.1 points · 83% evidence Capital efficiency 15.6/25 · ROCE 10.8% · Operating margin 20.4% · 76% evidence Valuation 5.4/20 · P/E 30× · PEG 5.69 · 65% evidence Relative strength 18.6/20 · Lead over its industry 19.8% · Lead over S&P 500 6.4% · 1 year 18.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 14.4 + 15.6 + 5.4 + 18.6 = 54 · What this means: Relative strength against the index is 6.4%, and revenue and profit growth are weak. 5. GFL Environmental Inc. this page GFL · breaking out · Evidence leans down · 71% evidence 49.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 9.6% · Profit -107% · Operating margin change -2.7 points · 83% evidence Capital efficiency 8.1/25 · ROCE 2.4% · Operating margin 6.9% · 76% evidence Valuation 11.1/20 · P/E 5.6× · PEG n/a · 15% evidence Relative strength 17.0/20 · Lead over its industry 18% · Lead over S&P 500 4.6% · 1 year 6.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 12.9 + 8.1 + 11.1 + 17 = 49.1 · What this means: Relative strength against the index is 4.6%, and revenue and profit growth are weak. 6. [Casella Waste Systems, Inc.](https://www.sectoralpha.in/us/stocks/cwst) CWST · turning · Evidence leans down · 81% evidence 45.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.2/35 · Revenue 13.6% · Profit -54.5% · Operating margin change -0.5 points · 83% evidence Capital efficiency 9.2/25 · ROCE 2.9% · Operating margin 5% · 76% evidence Valuation 6.5/20 · P/E 1081.4× · PEG 3.1 · 65% evidence Relative strength 14.8/20 · Lead over its industry 12.6% · Lead over S&P 500 -0.2% · 1 year 9.3% · 100% evidence · 3 of 12 weeks ahead Exact sum: 15.2 + 9.2 + 6.5 + 14.8 = 45.7 · What this means: Relative strength against the index is -0.2%, and revenue and profit growth are weak. 7. [Onterris, Inc.](https://www.sectoralpha.in/us/stocks/ont) ONT · basing · Evidence leans down · 64% evidence 38.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.2/35 · Revenue -0.9% · Profit n/a · Operating margin change -3.1 points · 62% evidence Capital efficiency 6.5/25 · ROCE 1% · Operating margin 3.6% · 76% evidence Valuation 11.5/20 · P/E -65.4× · PEG n/a · 15% evidence Relative strength 5.3/20 · Lead over its industry -17% · Lead over S&P 500 -27.5% · 1 year -39.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.2 + 6.5 + 11.5 + 5.3 = 38.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [American Battery Technology Company](https://www.sectoralpha.in/us/stocks/abat) ABAT · quiet · Evidence leans down · 61% evidence 35.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/35 · Revenue 100% · Profit n/a · Operating margin change 33.6 points · 62% evidence Capital efficiency 3.0/25 · ROCE -59.1% · Operating margin -246.5% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 0.4/20 · Lead over its industry -55.8% · Lead over S&P 500 -61.5% · 1 year -71.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.8 + 3 + 10 + 0.4 = 35.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Enviri Corporation](https://www.sectoralpha.in/us/stocks/nvri) NVRI · quiet · Most evidence points down · 61% evidence 29.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.4/35 · Revenue -16.8% · Profit n/a · Operating margin change -88.9 points · 62% evidence Capital efficiency 5.0/25 · ROCE -14% · Operating margin -89.4% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 6.7/20 · Lead over its industry 3.8% · Lead over S&P 500 -7.5% · 1 year 56.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 7.4 + 5 + 10 + 6.7 = 29.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Perma-Fix Environmental Services, Inc.](https://www.sectoralpha.in/us/stocks/pesi) PESI · quiet · Most evidence points down · 64% evidence 26.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.6/35 · Revenue -6.6% · Profit n/a · Operating margin change -30.7 points · 62% evidence Capital efficiency 4.5/25 · ROCE -25.6% · Operating margin -50.5% · 76% evidence Valuation 8.9/20 · P/E 220.6× · PEG n/a · 15% evidence Relative strength 4.4/20 · Lead over its industry 2.4% · Lead over S&P 500 -8.9% · 1 year 1.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 8.6 + 4.5 + 8.9 + 4.4 = 26.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. Seahawk Recycling Holdings, Inc. SEAH · Too little evidence to rank firmly · 11% evidence 57.2 out of 100 Growth Capital Valuation Relative
12. One and one Green Technologies. Inc YDDL · Too little evidence to rank firmly · 31% evidence 53.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Waste Management](https://www.sectoralpha.in/us/sectors/waste-management), all 12 compared on one page. ## Which companies are close to GFL Environmental in size? GFL Environmental is the 4th largest of 10 Waste Management companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Waste Management, Inc., Republic Services, Inc. and Waste Connections, Inc. Just below it: Clean Harbors, Inc., Casella Waste Systems, Inc. and Onterris, Inc. ### Waste Management companies close in size

1. [Waste Management, Inc.](https://www.sectoralpha.in/us/stocks/wm) $93.3 billion
2. [Republic Services, Inc.](https://www.sectoralpha.in/us/stocks/rsg) $74 billion
3. [Waste Connections, Inc.](https://www.sectoralpha.in/us/stocks/wcn) $46.7 billion
4. GFL Environmental Inc. $20 billion
5. [Clean Harbors, Inc.](https://www.sectoralpha.in/us/stocks/clh) $15.5 billion
6. [Casella Waste Systems, Inc.](https://www.sectoralpha.in/us/stocks/cwst) $6.1 billion
7. [Onterris, Inc.](https://www.sectoralpha.in/us/stocks/ont) $551 million

[All 10 Waste Management companies, largest first](https://www.sectoralpha.in/us/sectors/waste-management#all-companies)

### Companies close in size in other industries

1. [FTAI Aviation Ltd.](https://www.sectoralpha.in/us/stocks/ftai) $20.2 billion · Aerospace & Defense
2. [Best Buy Co., Inc.](https://www.sectoralpha.in/us/stocks/bby) $20.2 billion · Specialty Retail
3. GFL Environmental Inc. $20.1 billion
4. [Banco de Chile](https://www.sectoralpha.in/us/stocks/bch) $20 billion · Banks - Regional
5. [Tyson Foods, Inc.](https://www.sectoralpha.in/us/stocks/tsn) $20 billion · Farm Products

## What else do people ask about GFL Environmental? ### What were GFL Environmental's latest quarterly results? GFL Environmental Inc. reported revenue of $1.9 B and a net loss of $163 M for the Jun 2026 quarter. Revenue rose 16.3% and profit fell 162.6% compared with a year earlier. Earnings per share were −$0.47. The operating margin was 6.9%, 2.7 percentage points lower than a year earlier (as of 3 November 2026). ### What is GFL Environmental's market cap? GFL Environmental Inc.'s market capitalisation is $20.0 B at a stock price of $45.70. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is GFL Environmental performing? GFL Environmental Inc.'s share price has been stalling near its high for 11 weeks. In its latest quarter, revenue rose 16.3% and profit fell 162.6% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 15 weeks running (as of 3 November 2026). ### Will GFL Environmental's stock price go up? This page does not forecast GFL Environmental Inc.'s stock price. What it shows instead: the stock price is $45.70, and it has been stalling near its high for 11 weeks. Its P/E of 122.0× is higher than 96% of its own last 2 years (as of 3 November 2026). ### Does GFL Environmental have too much debt? Yes, GFL Environmental Inc. has a lot of debt: its debt is 1.04× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is GFL Environmental in its business cycle? GFL Environmental Inc.'s FY25 operating margin was 6.0%, against a 5-year range of 0.0% to 6.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 6.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the GFL Environmental story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is GFL Environmental a stock worth studying right now? What the numbers show: GFL Environmental Inc. is reporting record margins. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.