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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |