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