GFL Environmental GFL
NYSE GFL
$41.99 -0.01 (-0.02%)
As of: Sep 10, 2026 · 11:09 AM EDT

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

GFL Environmental's (GFL) quarterly Gross Margin came in at 19.81% in Q2 2026, down 240.0% year-over-year from 14.15% in Q2 2025, and down 1.06% quarter-over-quarter from 20.02% in Q4 2025.

Analysis

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

GFL Environmental (GFL) has reported Gross Margin for 9 consecutive years, with 19.81% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 240.0% year-over-year to 19.81% in Q2 2026; TTM through Jun 2026 was 20.93%, a 121.0% increase from a year earlier, with the FY2025 full-year figure at 20.67%, up 228.0% from the prior year.
  • Gross Margin was 19.81% for Q2 2026 at GFL Environmental, down from 20.02% in the prior quarter.
  • Over five years, Gross Margin peaked at 22.21% in Q2 2025 and troughed at 9.69% in Q1 2022.
  • A 5-year average of 16.81% and a median of 18.27% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 558 bps in 2023 and sank 240 bps in 2026, its largest moves.
  • Over 5 years, Gross Margin stood at 10.82% in 2022, then soared by 52 bps to 16.4% in 2023, then advanced by 16 bps to 19.01% in 2024, then increased by 5 bps to 20.02% in 2025, then dropped by 1 bps to 19.81% in 2026.
  • The last three Gross Margin figures came in at 19.81% (Q2 2026), 20.02% (Q4 2025), and 21.85% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waste Management 86.79 Bn 86.24 Bn 2.73 Bn 40.83%
2 Republic Services 68.51 Bn 68.40 Bn 1.87 Bn 42.14%
3 Waste Connections 40.84 Bn 40.74 Bn 1.08 Bn 42.25%
4 GFL Environmental 15.53 Bn 15.34 Bn 385.80 Mn 19.81%
5 Casella Waste Systems 5.76 Bn 5.74 Bn 178.80 Mn 32.88%
6 Comstock 231.98 Mn 231.98 Mn -896,073.00 -328.44%
7 Quest Resource Holding 29.23 Mn 28.20 Mn 10.43 Mn 16.28%
8 ReTo Eco-Solutions 50,133.72 -5.98 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 19.81%
Dec 31, 2025 20.02%
Sep 30, 2025 21.85%
Jun 30, 2025 22.21%
Dec 31, 2024 19.01%
Sep 30, 2024 19.10%
Jun 30, 2024 18.39%
Dec 31, 2023 16.40%
Jun 30, 2023 18.16%
Mar 31, 2023 13.59%
Dec 31, 2022 10.82%
Sep 30, 2022 13.07%
Jun 30, 2022 13.21%
Mar 31, 2022 9.69%
Dec 31, 2021 6.56%
Sep 30, 2021 12.80%
Jun 30, 2021 9.19%
Mar 31, 2021 8.26%
Dec 31, 2020 -10.31%
Sep 30, 2020 12.21%