GFL vs CWST vs BBCP Stock Comparison

GFL Environmental, Casella Waste Systems and Concrete Pumping Holdings Prices as of Oct 23, 2026 Peers: Industry group
GFL GFL Environmental Inc.
$45.52 +8.7% 1M -1.2% 1Y
Market cap
$16.86B
P/E
–
Revenue (TTM)
$7.00B
Div. yield
–
Solid Waste Industrials
4 wins

Head to Head

11 decided of 12

Concrete Pumping Holdings leads on 5 of the 12 questions below (Concrete Pumping Holdings 5, GFL Environmental 4, Casella Waste Systems 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGFLCWSTBBCPLeader
Larger companyMarket capitalisation $16.86B $6.12B $475.52M GFL
Cheaper on earningsLower P/E, profitable companies only -336.6x 1,074x 32.2x BBCP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 74.6x 75.7x 49.4x BBCP
Faster revenue growthRevenue growth, trailing twelve months +9.7% +13.6% +10.2% CWST
More profitableNet margin, trailing twelve months -0.7% 0.3% 3.4% BBCP
Better return on capitalReturn on invested capital 7.6% 1.5% 5.6% GFL
Less leveragedLower net debt / EBITDA 3.0x 3.4x 3.1x GFL
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -1.2% +7.5% +44.3% BBCP
Better 5-year returnAnnualised price return, 5 years +2.0%/yr +3.1%/yr +1.1%/yr CWST
Less volatileAnnualised volatility, 1 year 29.1% 37.0% 47.2% GFL
Higher overall scoreMean of the five percentile scores vs peers 50/100 41/100 60/100 BBCP

Percentile Scorecard

GFLCWSTBBCP

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

AxisGFLCWSTBBCP
Valuation 80 #4 of 16 40 #10 of 16 86 #8 of 52
Growth 31 #10 of 14 39 #9 of 14 28 #27 of 37
Profitability 62 #6 of 14 54 #7 of 14 75 #10 of 37
Financial Health 27 #12 of 16 33 #11 of 16 36 #37 of 57
Shareholder Returns – – 73 #8 of 27
Overall 50 41 60
  • GFL ranked among 16 companies in Waste Management
  • CWST ranked among 16 companies in Waste Management
  • BBCP ranked among 57 companies in Construction Services

Price Performance

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

Returns

PeriodGFLCWSTBBCPSPY
1 month +8.7%+15.1%-3.2% -1.0%
3 months +14.7%+9.2%-10.9% +2.9%
6 months +12.6%+21.7%+21.2% +6.4%
Year to date +6.0%-0.3%+39.8% +11.4%
1 year -1.2%+7.5%+44.3% +13.1%
3 years +55.1%+30.1%+27.1% +79.4%
3 years, per year +15.8%+9.2%+8.3% +21.5%
5 years +10.2%+16.7%+5.6% +67.7%
5 years, per year +2.0%+3.1%+1.1% +10.9%
10 years —+793.9%— +255.2%
10 years, per year —+24.5%— +13.5%

Risk

MeasureGFLCWSTBBCPSPY
Volatility, 1Y 29.1%37.0%47.2% 12.7%
Downside volatility, 1Y 27.9%34.1%37.9% 12.7%
Beta vs S&P 500, 1Y 0.240.100.56 1.00
Return / volatility, 1Y -0.040.200.94 1.03
Max drawdown, 5Y -42.9%-37.7%-49.7% -25.4%
From 52-week high -2.1%-9.1%-22.2% -2.5%
52-week high $46.51$107.34$12.05 $779.14
52-week low $33.54$74.97$5.73 $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.

MultipleGFLCWSTBBCP
P/E now vs peer median -335.8xmedian 33.8x 1,089xmedian 33.8x 32.1xmedian 25.6x
P/S now vs peer median 2.4xmedian 3.4x 3.1xmedian 3.4x 1.1xmedian 0.8x
EV/EBITDA now vs peer median 8.4xmedian 15.8x 18.9xmedian 15.8x 7.0xmedian 12.7x
P/FCF now vs peer median 6.2xmedian 18.4x 57.9xmedian 18.4x 22.4xmedian 22.4x
P/B now vs peer median 2.2xmedian 3.1x 3.9xmedian 3.1x 1.8xmedian 2.3x
PEG now vs peer median -12.11median 4.14 -21.38median 4.14 -1.70median 0.57

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 monthsGFLCWSTBBCP
Revenue $7.00B $1.96B $436.03M
Gross profit $1.47B $653.52M $170.20M
Operating income $1.71B $66.07M $56.93M
Net income -$249.50M $5.70M $16.50M
Free cash flow $2.72B $105.67M $21.12M
EPS (diluted) $-0.13 $0.09 $0.29
Cash & equivalents $192.10M $25.54M $42.98M
Total debt $19.12B $1.36B $418.74M
Shares (diluted) 378.69M 63.69M 51.10M
Enterprise value $14.98B $5.24B $308.45M

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
MetricGFLCWSTBBCP
P/E -335.8x 1,089x 32.1x
P/FCF 6.2x 57.9x 22.4x
P/Operating cash flow 11.2x 17.4x 5.7x
P/S 2.4x 3.1x 1.1x
P/B 2.2x 3.9x 1.8x
P/Tangible book 3.1x 4.9x 2.7x
EV/EBITDA 8.4x 18.9x 7.0x
EV/EBIT 15.4x 112.8x 14.9x
EV/Revenue 3.8x 3.8x 1.9x
EV/FCF 9.7x 70.5x 40.2x
EV/Operating cash flow 17.4x 21.2x 10.3x
PEG (3Y EPS CAGR) -12.11 -21.38 -1.70

Growth

14 metrics
MetricGFLCWSTBBCP
Revenue growth (1Y) 9.7% 13.6% 10.2%
Revenue CAGR (3Y) -1.8% 20.4% -0.1%
Gross profit growth (1Y) 16.5% 12.6% 10.5%
Gross profit CAGR (3Y) 12.3% 20.0% -1.5%
Operating income growth (1Y) 1.4% 1.1% 29.7%
Operating income CAGR (3Y) -3.8% -8.5% -2.0%
Net income growth (1Y) -107.0% -48.4% 57.3%
Net income CAGR (3Y) 8.6% -47.8% -18.9%
EPS growth (1Y) -101.4% -48.5% 63.2%
EPS CAGR (3Y) 27.7% -50.9% -18.8%
Operating cash flow growth (1Y) 13.9% 2.9% 14.0%
Operating cash flow CAGR (3Y) -8.3% 19.0% -2.6%
Free cash flow growth (1Y) 7.7% 16.1% -33.4%
Free cash flow CAGR (3Y) -2.6% 8.9% 78.7%

Profitability

14 metrics
MetricGFLCWSTBBCP
Gross margin 20.9% 33.4% 39.0%
EBITDA margin 44.5% 20.1% 27.9%
Operating margin 24.4% 3.4% 13.1%
Pretax margin -3.8% 0.5% 5.6%
Net margin -0.7% 0.3% 3.4%
FCF margin 38.9% 5.4% 4.8%
Operating cash flow margin 21.6% 18.0% 18.9%
Return on equity -3.3% 0.4% 6.2%
Return on assets -1.2% 0.2% 1.8%
Return on invested capital 7.6% 1.5% 5.6%
Return on capital employed 8.9% 2.1% 6.9%
Asset turnover 0.3x 0.6x 0.5x
Cash conversion (OCF / net income) -6.1x 61.6x 5.0x
Stock comp / revenue 2.0% 0.7% 0.8%

Financial Health

11 metrics
MetricGFLCWSTBBCP
Debt / assets 44.6% 38.3% 46.1%
Debt / equity 1.3x 0.9x 1.6x
Net debt / EBITDA 3.0x 3.4x 3.1x
Debt / FCF 3.5x 12.9x 19.8x
Liabilities / assets 65.0% 55.6% 70.5%
Equity / assets 35.0% 44.4% 29.5%
Interest coverage 3.0x 1.0x 1.7x
Current ratio 0.8x 1.0x 1.7x
Quick ratio 0.6x 0.8x 1.4x
Cash ratio 0.1x 0.1x 0.6x
Altman Z-score 1.27 2.42 1.08

Shareholder Returns

7 metrics
MetricGFLCWSTBBCP
Dividend yield 0.2% – 1.4%
Net buyback yield – – 2.5%
Shareholder yield 0.2% – 3.9%
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.

ConsensusGFLCWSTBBCP
Forward P/E 74.6xFY2026 75.7xFY2026 49.4xFY2026
EPS, next fiscal year $0.61FY2026 $1.29FY2026 $0.19FY2026
EPS growth, next FY +10.9%FY2026 +1.6%FY2026 +111.1%FY2026
EPS growth, the year after +23.0% +17.1% +63.2%
Revenue, next fiscal year $6.02BFY2026 $2.05BFY2026 $411.25MFY2026
Revenue growth, next FY +25.0%FY2026 +11.6%FY2026 +4.7%FY2026
Revenue growth, the year after +22.5% +7.1% +6.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGFLCWSTBBCP
Held by institutions 74.8% 100.0% 33.9%
Institutions holding 323 415 127
Change in shares held, QoQ +10.3% +4.2% +5.2%
Institutions buying 185 231 76
Institutions selling 101 127 31
Buyers to sellers 1.83 1.82 2.45

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.

GFLCWSTBBCP
GFL 1.00 0.39 0.03
CWST 0.39 1.00 0.07
BBCP 0.03 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GFL, CWST and BBCP?

GFL Environmental (GFL) is the largest by market capitalisation: GFL Environmental (GFL) $16.86B, Casella Waste Systems (CWST) $6.12B, Concrete Pumping Holdings (BBCP) $475.52M.

Which stock is cheaper, GFL, CWST and BBCP?

Concrete Pumping Holdings (BBCP) trades on the lowest price-to-earnings ratio (GFL Environmental (GFL) -336.6x, Casella Waste Systems (CWST) 1,074x, Concrete Pumping Holdings (BBCP) 32.2x). On next year's consensus earnings, Concrete Pumping Holdings (BBCP) is cheapest (GFL Environmental (GFL) 74.6x, Casella Waste Systems (CWST) 75.7x, Concrete Pumping Holdings (BBCP) 49.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Casella Waste Systems (CWST) grew revenue fastest over the trailing twelve months: GFL Environmental (GFL) +9.7%, Casella Waste Systems (CWST) +13.6%, Concrete Pumping Holdings (BBCP) +10.2%.

Which company is more profitable?

Concrete Pumping Holdings (BBCP) has the highest net margin (GFL Environmental (GFL) -0.7%, Casella Waste Systems (CWST) 0.3%, Concrete Pumping Holdings (BBCP) 3.4%). On return on invested capital, GFL Environmental (GFL) leads (GFL Environmental (GFL) 7.6%, Casella Waste Systems (CWST) 1.5%, Concrete Pumping Holdings (BBCP) 5.6%).

Which stock has performed better?

Over the past year Concrete Pumping Holdings (BBCP) returned the most: GFL Environmental (GFL) -1.2%, Casella Waste Systems (CWST) +7.5%, Concrete Pumping Holdings (BBCP) +44.3%. Over five years, Casella Waste Systems (CWST) compounded fastest (GFL Environmental (GFL) +2.0%/yr, Casella Waste Systems (CWST) +3.1%/yr, Concrete Pumping Holdings (BBCP) +1.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, GFL Environmental (GFL) has been the steadiest (GFL Environmental (GFL) 29.1%, Casella Waste Systems (CWST) 37.0%, Concrete Pumping Holdings (BBCP) 47.2%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Concrete Pumping Holdings (BBCP) 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.