GFL Environmental GFL
NYSE GFL
$41.99 -0.88 (-2.04%)
As of: Sep 9, 2026 · 3:59 PM EDT

GFL Environmental (GFL) FCF Margin (2018 - 2026)

GFL Environmental's (GFL) quarterly FCF Margin came in at 36.19% in Q2 2026, up 67.0% year-over-year from 21.67% in Q2 2025, and down 21.93% quarter-over-quarter from 46.35% in Q4 2025.

Analysis

GFL Environmental (GFL) FCF Margin (2018 - 2026) Analysis & Trends

GFL Environmental (GFL) has reported FCF Margin for 9 consecutive years, with 36.19% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin rose 67.0% year-over-year to 36.19% in Q2 2026; TTM through Jun 2026 was 38.85%, a 75.0% decrease from a year earlier, with the FY2025 full-year figure at 37.14%, down 738.0% from the prior year.
  • FCF Margin was 36.19% for Q2 2026 at GFL Environmental, down from 46.35% in the prior quarter.
  • Over five years, FCF Margin peaked at 79.89% in Q4 2022 and troughed at 21.1% in Q2 2022.
  • A 5-year average of 39.97% and a median of 38.18% in 2025 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin jumped 4213 bps in 2022 and sank 3792 bps in 2023, its largest moves.
  • Over 5 years, FCF Margin stood at 79.89% in 2022, then slumped by 47 bps to 41.97% in 2023, then climbed by 24 bps to 51.93% in 2024, then declined by 11 bps to 46.35% in 2025, then slipped by 22 bps to 36.19% in 2026.
  • The last three FCF Margin figures came in at 36.19% (Q2 2026), 46.35% (Q4 2025), and 40.17% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Waste Management 87.60 Bn 87.04 Bn 2.73 Bn 16.40%
2 Republic Services 68.20 Bn 68.09 Bn 1.87 Bn 17.18%
3 Waste Connections 41.58 Bn 41.48 Bn 1.08 Bn 16.82%
4 GFL Environmental 16.22 Bn 16.21 Bn 385.80 Mn 36.19%
5 Casella Waste Systems 5.86 Bn 5.83 Bn 178.80 Mn 4.87%
6 Comstock 237.73 Mn 241.05 Mn -896,073.00 -5,527.91%
7 Quest Resource Holding 29.11 Mn 28.09 Mn 10.43 Mn 6.96%
8 ReTo Eco-Solutions 765,104.78 -5.97 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 36.19%
Dec 31, 2025 46.35%
Sep 30, 2025 40.17%
Jun 30, 2025 35.52%
Dec 31, 2024 51.93%
Sep 30, 2024 40.42%
Jun 30, 2024 58.56%
Dec 31, 2023 41.97%
Jun 30, 2023 27.64%
Mar 31, 2023 25.75%
Dec 31, 2022 79.89%
Sep 30, 2022 26.96%
Jun 30, 2022 21.10%
Mar 31, 2022 27.06%
Dec 31, 2021 37.76%
Sep 30, 2021 25.96%
Jun 30, 2021 27.08%
Mar 31, 2021 31.28%
Dec 31, 2020 29.48%
Sep 30, 2020 33.85%