GFL Environmental (GFL) Gross Margin (2019 - 2026)
GFL Environmental (GFL) reported Gross Margin of 18.24% for Q1 2026, down 19.0% year-over-year from 22.52% in Q1 2025, and down 8.9% quarter-over-quarter from 20.02% in Q4 2025.
GFL Environmental (GFL) Gross Margin (2019 - 2026) Analysis & Trends
GFL Environmental (GFL) has 8 years of Gross Margin data on file, last reported at 18.24% in Q1 2026.
- Gross Margin for Q1 2026 came in at 18.24%, down 19.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.89% (down 470.0% YoY), and the FY2025 annual result was 20.67%, up 228.0% from the prior year.
- Gross Margin retreated to 18.24% in Q1 2026 per GFL's latest filing, from 20.02% in the prior quarter.
- Over five years, Gross Margin peaked at 35.72% in Q3 2024 and troughed at 11.94% in Q1 2024.
- A 5-year average of 13.7% and a median of 15.88% in 2025 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 4402 bps in 2024 and fell as far as 2553 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 10.82% in 2022, then jumped by 52 bps to 16.4% in 2023, then climbed by 16 bps to 19.01% in 2024, then rose by 5 bps to 20.02% in 2025, then slipped by 9 bps to 18.24% in 2026.
- Business Quant data shows GFL's Gross Margin at 18.24% in Q1 2026, 20.02% in Q4 2025, and 15.88% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 18.24% |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 42.58% |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 30.52% |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 32.45% |
| 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 | 9.44% |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 40.68% |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | -25.89% |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.24% |
| Dec 31, 2025 | 20.02% |
| Sep 30, 2025 | 15.88% |
| Jun 30, 2025 | 22.21% |
| Mar 31, 2025 | 18.43% |
| Dec 31, 2024 | 19.01% |
| Sep 30, 2024 | 35.72% |
| Jun 30, 2024 | 18.39% |
| Mar 31, 2024 | -11.94% |
| Dec 31, 2023 | 16.40% |
| Sep 30, 2023 | -8.30% |
| Jun 30, 2023 | 13.52% |
| Mar 31, 2023 | 13.59% |
| Dec 31, 2022 | 10.82% |
| Sep 30, 2022 | 10.02% |
| Jun 30, 2022 | 13.21% |
| Mar 31, 2022 | 7.65% |
| Dec 31, 2021 | 6.56% |
| Sep 30, 2021 | 10.17% |
| Jun 30, 2021 | 7.47% |