CWST vs GLGI vs GFL Stock Comparison

Casella Waste Systems, Greystone Logistics and GFL Environmental Prices as of Oct 26, 2026 Peers: Industry group
GFL GFL Environmental Inc.
$45.68 +8.1% 1M +0.2% 1Y
Market cap
$16.64B
P/E
–
Revenue (TTM)
$7.00B
Div. yield
–
Solid Waste Industrials
5 wins

Head to Head

10 decided of 12

GFL Environmental leads on 5 of the 12 questions below (GFL Environmental 5, Casella Waste Systems 4, Greystone Logistics 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCWSTGLGIGFLLeader
Larger companyMarket capitalisation $5.96B $5.73M $16.64B GFL
Cheaper on earningsLower P/E, profitable companies only 1,045x -0.6x -332.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 74.5x — 73.7x GFL
Faster revenue growthRevenue growth, trailing twelve months +13.6% -59.9% +9.7% CWST
More profitableNet margin, trailing twelve months 0.3% -43.8% -0.7% CWST
Better return on capitalReturn on invested capital 1.5% -37.9% 7.6% GFL
Less leveragedLower net debt / EBITDA 3.4x -4.6x 3.0x GLGI
Higher dividend yieldTrailing dividend yield 0.00% — 0.00% –
Better 1-year returnPrice return, last 12 months +8.7% -78.6% +0.2% CWST
Better 5-year returnAnnualised price return, 5 years +3.0%/yr -25.8%/yr +2.8%/yr CWST
Less volatileAnnualised volatility, 1 year 37.0% 116.4% 29.1% GFL
Higher overall scoreMean of the five percentile scores vs peers 42/100 10/100 49/100 GFL

Percentile Scorecard

CWSTGLGIGFL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCWSTGLGIGFL
Valuation 40 #10 of 16 28 #146 of 203 80 #4 of 16
Growth 39 #9 of 14 0 #187 of 187 23 #11 of 14
Profitability 62 #6 of 14 7 #173 of 185 54 #7 of 14
Financial Health 27 #12 of 16 6 #205 of 219 40 #10 of 16
Shareholder Returns – – –
Overall 42 10 49
  • CWST ranked among 16 companies in Waste Management
  • GLGI ranked among 222 companies in Machinery
  • GFL ranked among 16 companies in Waste Management

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCWSTGLGIGFLSPY
1 month +16.9%-16.0%+8.1% -0.8%
3 months +7.7%-16.0%+17.2% +3.5%
6 months +25.3%+40.0%+15.1% +7.0%
Year to date -1.8%-63.8%+6.4% +12.2%
1 year +8.7%-78.6%+0.2% +13.0%
3 years +30.8%-79.0%+62.0% +86.3%
3 years, per year +9.4%-40.6%+17.5% +23.1%
5 years +16.0%-77.4%+14.7% +68.6%
5 years, per year +3.0%-25.8%+2.8% +11.0%
10 years +756.3%-16.0%— +258.0%
10 years, per year +24.0%-1.7%— +13.6%

Risk

MeasureCWSTGLGIGFLSPY
Volatility, 1Y 37.0%116.4%29.1% 12.7%
Downside volatility, 1Y 34.0%150.3%28.1% 12.7%
Beta vs S&P 500, 1Y 0.10-1.130.25 1.00
Return / volatility, 1Y 0.23-0.680.01 1.02
Max drawdown, 5Y -37.7%-90.7%-42.9% -25.4%
From 52-week high -10.4%-79.0%-1.8% -1.8%
52-week high $107.34$1.00$46.51 $779.14
52-week low $74.97$0.15$33.54 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCWSTGLGIGFL
P/E now vs peer median 1,072xmedian 34.0x -0.6xmedian 26.0x -337.0xmedian 34.0x
P/S now vs peer median 3.1xmedian 3.4x 0.3xmedian 1.9x 2.4xmedian 3.4x
EV/EBITDA now vs peer median 18.7xmedian 15.3x -6.9xmedian 14.0x 8.4xmedian 15.3x
P/FCF now vs peer median 57.0xmedian 18.5x -1.1xmedian 21.4x 6.2xmedian 18.5x
P/B now vs peer median 3.8xmedian 3.0x 0.6xmedian 2.2x 2.2xmedian 3.0x
PEG now vs peer median -21.06median 3.42 0.01median 1.26 -12.15median 3.42

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCWSTGLGIGFL
Revenue $1.96B $22.12M $7.00B
Gross profit $653.52M -$2.92M $1.47B
Operating income $66.07M -$8.43M $1.71B
Net income $5.70M -$9.70M -$249.50M
Free cash flow $105.67M -$5.06M $2.72B
EPS (diluted) $0.09 $-0.36 $-0.13
Cash & equivalents $25.54M $360.53K $192.10M
Total debt $1.36B $46.58M $19.12B
Shares (diluted) 63.69M 27.27M 378.69M
Enterprise value $5.08B $3.72M $14.75B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCWSTGLGIGFL
P/E 1,072x -0.6x -337.0x
P/FCF 57.0x -1.1x 6.2x
P/Operating cash flow 17.2x -1.7x 11.2x
P/S 3.1x 0.3x 2.4x
P/B 3.8x 0.6x 2.2x
P/Tangible book 4.9x 0.6x 3.2x
EV/EBITDA 18.7x -6.9x 8.4x
EV/EBIT 111.4x -2.1x 15.4x
EV/Revenue 3.8x 0.8x 3.8x
EV/FCF 69.7x -3.4x 9.7x
EV/Operating cash flow 21.0x -5.2x 17.5x
PEG (3Y EPS CAGR) -21.06 0.01 -12.15

Growth

14 metrics
MetricCWSTGLGIGFL
Revenue growth (1Y) 13.6% -59.9% 9.7%
Revenue CAGR (3Y) 20.4% -28.0% -1.8%
Gross profit growth (1Y) 12.6% -133.7% 16.5%
Gross profit CAGR (3Y) 20.0% -31.4% 12.3%
Operating income growth (1Y) 1.1% -472.2% 1.4%
Operating income CAGR (3Y) -8.5% -51.5% -3.8%
Net income growth (1Y) -48.4% -1,158% -107.0%
Net income CAGR (3Y) -47.8% -50.9% 8.6%
EPS growth (1Y) -48.5% -1,653% -101.4%
EPS CAGR (3Y) -50.9% -56.5% 27.7%
Operating cash flow growth (1Y) 2.9% -132.8% 13.9%
Operating cash flow CAGR (3Y) 19.0% -31.4% -8.3%
Free cash flow growth (1Y) 16.1% -169.9% 7.7%
Free cash flow CAGR (3Y) 8.9% -49.9% -2.6%

Profitability

14 metrics
MetricCWSTGLGIGFL
Gross margin 33.4% -13.2% 20.9%
EBITDA margin 20.1% -11.3% 44.5%
Operating margin 3.4% -38.1% 24.4%
Pretax margin 0.5% -42.4% -3.8%
Net margin 0.3% -43.8% -0.7%
FCF margin 5.4% -22.9% 38.9%
Operating cash flow margin 18.0% -15.0% 21.6%
Return on equity 0.4% -94.7% -3.3%
Return on assets 0.2% -26.5% -1.2%
Return on invested capital 1.5% -37.9% 7.6%
Return on capital employed 2.1% -39.6% 8.9%
Asset turnover 0.6x 0.6x 0.3x
Cash conversion (OCF / net income) 61.6x 0.3x -6.1x
Stock comp / revenue 0.7% – 2.0%

Financial Health

11 metrics
MetricCWSTGLGIGFL
Debt / assets 38.3% 33.5% 44.6%
Debt / equity 0.9x 1.3x 1.3x
Net debt / EBITDA 3.4x -4.6x 3.0x
Debt / FCF 12.9x -2.4x 3.5x
Liabilities / assets 55.6% 75.0% 65.0%
Equity / assets 44.4% 25.0% 35.0%
Interest coverage 1.0x – 3.0x
Current ratio 1.0x 0.4x 0.8x
Quick ratio 0.8x 0.2x 0.6x
Cash ratio 0.1x 0.0x 0.1x
Altman Z-score 2.39 -1.83 1.27

Shareholder Returns

7 metrics
MetricCWSTGLGIGFL
Dividend yield – – 0.2%
Net buyback yield – – –
Shareholder yield – – 0.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCWSTGLGIGFL
Forward P/E 74.5xFY2026 – 73.7xFY2026
EPS, next fiscal year $1.29FY2026 – $0.62FY2026
EPS growth, next FY +1.6%FY2026 – +12.7%FY2026
EPS growth, the year after +16.3% – +27.4%
Revenue, next fiscal year $2.05BFY2026 – $6.10BFY2026
Revenue growth, next FY +11.6%FY2026 – +26.5%FY2026
Revenue growth, the year after +7.1% – +22.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCWSTGLGIGFL
Held by institutions 100.0% – 74.8%
Institutions holding 415 – 323
Change in shares held, QoQ +4.2% – +10.3%
Institutions buying 231 – 185
Institutions selling 127 – 101
Buyers to sellers 1.82 – 1.83

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CWSTGLGIGFL
CWST 1.00 0.01 0.39
GLGI 0.01 1.00 0.04
GFL 0.39 0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CWST, GLGI and GFL?

GFL Environmental (GFL) is the largest by market capitalisation: Casella Waste Systems (CWST) $5.96B, Greystone Logistics (GLGI) $5.73M, GFL Environmental (GFL) $16.64B.

Which company is growing faster?

Casella Waste Systems (CWST) grew revenue fastest over the trailing twelve months: Casella Waste Systems (CWST) +13.6%, Greystone Logistics (GLGI) -59.9%, GFL Environmental (GFL) +9.7%.

Which company is more profitable?

Casella Waste Systems (CWST) has the highest net margin (Casella Waste Systems (CWST) 0.3%, Greystone Logistics (GLGI) -43.8%, GFL Environmental (GFL) -0.7%). On return on invested capital, GFL Environmental (GFL) leads (Casella Waste Systems (CWST) 1.5%, Greystone Logistics (GLGI) -37.9%, GFL Environmental (GFL) 7.6%).

Which stock has performed better?

Over the past year Casella Waste Systems (CWST) returned the most: Casella Waste Systems (CWST) +8.7%, Greystone Logistics (GLGI) -78.6%, GFL Environmental (GFL) +0.2%. Over five years, Casella Waste Systems (CWST) compounded fastest (Casella Waste Systems (CWST) +3.0%/yr, Greystone Logistics (GLGI) -25.8%/yr, GFL Environmental (GFL) +2.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, GFL Environmental (GFL) has been the steadiest (Casella Waste Systems (CWST) 37.0%, Greystone Logistics (GLGI) 116.4%, GFL Environmental (GFL) 29.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CWST, GLGI and GFL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, GFL Environmental (GFL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.