GFL Environmental (GFL) FCF Margin (2019 - 2025)

GFL Environmental (GFL) reported FCF Margin of 14.72% for Q4 2025, down 546.0% year-over-year from 3.3% in Q4 2024, and down 49.11% quarter-over-quarter from 28.94% in Q1 2025.

GFL Environmental (GFL) FCF Margin (2019 - 2025) Analysis & Trends

GFL Environmental (GFL) has 7 years of FCF Margin data on file, last reported at 14.72% in Q4 2025.

  • FCF Margin for Q4 2025 came in at 14.72%, down 546.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.29% (down 1304.0% YoY), and the FY2025 annual result was 2.64%, down 4906.0% from the prior year.
  • FCF Margin declined to 14.72% in Q4 2025 per GFL's latest filing, from 28.94% in the prior quarter.
  • Over five years, FCF Margin peaked at 28.94% in Q1 2025 and troughed at 7.32% in Q3 2021.
  • A 5-year average of 16.29% and a median of 15.33% in 2025 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin sank 634 bps in 2022, then surged 1078 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 15.93% in 2021, then sank by 40 bps to 9.6% in 2022, then rose by 28 bps to 12.3% in 2023, then jumped by 64 bps to 20.19% in 2024, then fell by 27 bps to 14.72% in 2025.
  • Business Quant data shows GFL's FCF Margin at 14.72% in Q4 2025, 28.94% in Q1 2025, and 20.19% in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn -
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 10.50%
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn -6.31%
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 2.68%
5 Enviri 1.71 Bn 1.63 Bn - -
6 Onterris 613.85 Mn 602.80 Mn - -
7 American Battery Technology 425.23 Mn 386.75 Mn 737,749.00 -120.60%
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 13.67%
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -41.73%
10 One & one Green Technologies 144.62 Mn 143.66 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 14.72%
Mar 31, 2025 28.94%
Dec 31, 2024 20.19%
Jun 30, 2024 25.80%
Dec 31, 2023 12.30%
Sep 30, 2023 19.60%
Mar 31, 2023 20.34%
Dec 31, 2022 9.60%
Sep 30, 2022 8.82%
Dec 31, 2021 15.93%
Sep 30, 2021 7.32%
Mar 31, 2021 11.94%
Dec 31, 2020 9.92%
Sep 30, 2020 8.27%
Jun 30, 2020 12.06%
Mar 31, 2020 10.75%
Dec 31, 2019 16.05%
Sep 30, 2019 11.93%
Jun 30, 2019 12.91%
Mar 31, 2019 13.81%