RETO vs GFL vs CWST Stock Comparison

ReTo Eco-Solutions, GFL Environmental and Casella Waste Systems Prices as of Oct 27, 2026 Peers: Industry group
GFL GFL Environmental Inc.
$44.99 +6.5% 1M -0.8% 1Y
Market cap
$16.03B
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 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRETOGFLCWSTLeader
Larger companyMarket capitalisation $4.77K $16.03B $5.64B GFL
Cheaper on earningsLower P/E, profitable companies only 0.0x -320.0x 988.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 72.6x 72.6x GFL
Faster revenue growthRevenue growth, trailing twelve months — +9.7% +13.6% CWST
More profitableNet margin, trailing twelve months — -0.7% 0.3% CWST
Better return on capitalReturn on invested capital — 7.6% 1.5% GFL
Less leveragedLower net debt / EBITDA — 3.0x 3.4x GFL
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -96.1% -0.8% +5.5% CWST
Better 5-year returnAnnualised price return, 5 years -87.0%/yr +2.0%/yr +2.4%/yr CWST
Less volatileAnnualised volatility, 1 year 353.7% 29.1% 37.0% GFL
Higher overall scoreMean of the five percentile scores vs peers — 46/100 47/100 CWST

Percentile Scorecard

RETOGFLCWST

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

AxisRETOGFLCWST
Valuation 67 #6 of 16 73 #5 of 16 40 #10 of 16
Growth – 23 #11 of 14 39 #9 of 14
Profitability – 54 #7 of 14 62 #6 of 14
Financial Health 87 #3 of 16 33 #11 of 16 47 #9 of 16
Shareholder Returns – – –
Overall – 46 47
  • RETO ranked among 16 companies in Waste Management
  • GFL ranked among 16 companies in Waste Management
  • CWST ranked among 16 companies in Waste Management

Price Performance

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

Returns

PeriodRETOGFLCWSTSPY
1 month +433.3%+6.5%+13.9% -0.2%
3 months -69.0%+14.9%+2.9% +3.9%
6 months -68.4%+12.1%+20.5% +8.2%
Year to date -89.5%+4.7%-4.3% +12.9%
1 year -96.1%-0.8%+5.5% +12.3%
3 years -99.9%+59.5%+27.5% +87.4%
3 years, per year -91.4%+16.9%+8.4% +23.3%
5 years -100.0%+10.2%+12.7% +67.9%
5 years, per year -87.0%+2.0%+2.4% +10.9%
10 years ——+755.8% +261.1%
10 years, per year ——+24.0% +13.7%

Risk

MeasureRETOGFLCWSTSPY
Volatility, 1Y 353.7%29.1%37.0% 12.7%
Downside volatility, 1Y 244.5%28.0%34.0% 12.7%
Beta vs S&P 500, 1Y 2.240.250.09 1.00
Return / volatility, 1Y -0.27-0.030.15 0.97
Max drawdown, 5Y -100.0%-42.9%-37.7% -25.4%
From 52-week high -96.1%-3.3%-12.7% -1.2%
52-week high $20.40$46.51$107.34 $779.14
52-week low $0.09$33.54$74.97 $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.

MultipleRETOGFLCWST
P/E now vs peer median 0.0xmedian 33.2x -331.9xmedian 33.2x 1,045xmedian 33.2x
P/S now vs peer median 0.1xmedian 3.3x 2.4xmedian 3.3x 3.0xmedian 3.3x
EV/EBITDA now vs peer median —median 14.5x 8.4xmedian 14.5x 18.3xmedian 14.5x
P/FCF now vs peer median 0.0xmedian 16.4x 6.1xmedian 16.4x 55.6xmedian 16.4x
P/B now vs peer median 0.0xmedian 3.0x 2.2xmedian 3.0x 3.7xmedian 3.0x
PEG now vs peer median —median 2.81 -11.97median 2.81 -20.53median 2.81

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 monthsRETOGFLCWST
Revenue – $7.00B $1.96B
Gross profit – $1.47B $653.52M
Operating income – $1.71B $66.07M
Net income – -$249.50M $5.70M
Free cash flow – $2.72B $105.67M
EPS (diluted) – $-0.13 $0.09
Cash & equivalents $250.01K $192.10M $25.54M
Total debt $13.30M $19.12B $1.36B
Shares (diluted) 5.97K 378.69M 63.69M
Enterprise value -$4.97M $14.15B $4.76B

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
MetricRETOGFLCWST
P/E 0.0x -331.9x 1,045x
P/FCF 0.0x 6.1x 55.6x
P/Operating cash flow – 11.1x 16.7x
P/S 0.1x 2.4x 3.0x
P/B 0.0x 2.2x 3.7x
P/Tangible book 0.0x 3.1x 4.7x
EV/EBITDA – 8.4x 18.3x
EV/EBIT – 15.3x 109.1x
EV/Revenue – 3.7x 3.7x
EV/FCF – 9.6x 68.2x
EV/Operating cash flow – 17.3x 20.5x
PEG (3Y EPS CAGR) – -11.97 -20.53

Growth

14 metrics
MetricRETOGFLCWST
Revenue growth (1Y) – 9.7% 13.6%
Revenue CAGR (3Y) – -1.8% 20.4%
Gross profit growth (1Y) – 16.5% 12.6%
Gross profit CAGR (3Y) – 12.3% 20.0%
Operating income growth (1Y) – 1.4% 1.1%
Operating income CAGR (3Y) – -3.8% -8.5%
Net income growth (1Y) – -107.0% -48.4%
Net income CAGR (3Y) – 8.6% -47.8%
EPS growth (1Y) – -101.4% -48.5%
EPS CAGR (3Y) – 27.7% -50.9%
Operating cash flow growth (1Y) – 13.9% 2.9%
Operating cash flow CAGR (3Y) – -8.3% 19.0%
Free cash flow growth (1Y) – 7.7% 16.1%
Free cash flow CAGR (3Y) – -2.6% 8.9%

Profitability

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

Financial Health

11 metrics
MetricRETOGFLCWST
Debt / assets 7.0% 44.6% 38.3%
Debt / equity 0.1x 1.3x 0.9x
Net debt / EBITDA – 3.0x 3.4x
Debt / FCF – 3.5x 12.9x
Liabilities / assets 22.3% 65.0% 55.6%
Equity / assets 77.7% 35.0% 44.4%
Interest coverage – 3.0x 1.0x
Current ratio 0.2x 0.8x 1.0x
Quick ratio 24,122x 0.6x 0.8x
Cash ratio 0.0x 0.1x 0.1x
Altman Z-score – 1.26 2.34

Shareholder Returns

7 metrics
MetricRETOGFLCWST
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.

ConsensusRETOGFLCWST
Forward P/E – 72.6xFY2026 72.6xFY2026
EPS, next fiscal year – $0.62FY2026 $1.29FY2026
EPS growth, next FY – +12.7%FY2026 +1.6%FY2026
EPS growth, the year after – +27.4% +16.3%
Revenue, next fiscal year – $6.10BFY2026 $2.05BFY2026
Revenue growth, next FY – +26.5%FY2026 +11.6%FY2026
Revenue growth, the year after – +22.3% +7.1%

Institutional Ownership

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

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.

RETOGFLCWST
RETO 1.00 0.12 0.09
GFL 0.12 1.00 0.39
CWST 0.09 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RETO, GFL and CWST?

GFL Environmental (GFL) is the largest by market capitalisation: ReTo Eco-Solutions (RETO) $4.77K, GFL Environmental (GFL) $16.03B, Casella Waste Systems (CWST) $5.64B.

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%.

Which company is more profitable?

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

Which stock has performed better?

Over the past year Casella Waste Systems (CWST) returned the most: ReTo Eco-Solutions (RETO) -96.1%, GFL Environmental (GFL) -0.8%, Casella Waste Systems (CWST) +5.5%. Over five years, Casella Waste Systems (CWST) compounded fastest (ReTo Eco-Solutions (RETO) -87.0%/yr, GFL Environmental (GFL) +2.0%/yr, Casella Waste Systems (CWST) +2.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, GFL Environmental (GFL) has been the steadiest (ReTo Eco-Solutions (RETO) 353.7%, GFL Environmental (GFL) 29.1%, Casella Waste Systems (CWST) 37.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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.