GFL Environmental (GFL) Gross Margin (2019 - 2026)
GFL Environmental (GFL) posted quarterly Gross Margin of 19.81% for Q2 2026, down 240.0% year-over-year from 14.15% in Q2 2025, and up 8.6% quarter-over-quarter from 18.24% in Q1 2026.
GFL Environmental (GFL) Gross Margin (2019 - 2026) Analysis & Trends
GFL Environmental (GFL) has reported Gross Margin for 8 consecutive years, with 19.81% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 240.0% year-over-year to 19.81%; the TTM figure through Jun 2026 stood at 19.97% (up 29.0% YoY), while the FY2025 annual figure was 20.67%, up 3240.0% from the prior year.
- Gross Margin climbed to 19.81% in Q2 2026 per GFL's latest filing, from 18.24% in the prior quarter.
- Across five years, Gross Margin topped out at 22.21% in Q2 2025 and bottomed at 11.94% in Q1 2024.
- Historically, Gross Margin has averaged 15.4% across 5 years, with a median of 18.31% in 2024.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 2553 bps — and 2025, when it soared 3037 bps.
- GFL Environmental's Gross Margin stood at 10.82% in 2022, then surged by 52 bps to 16.4% in 2023, then grew by 16 bps to 19.01% in 2024, then gained by 5 bps to 20.02% in 2025, then fell by 1 bps to 19.81% in 2026.
- Business Quant data shows GFL's Gross Margin at 19.81% in Q2 2026, 18.24% in Q1 2026, and 20.02% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.39 Bn | 89.83 Bn | 2.73 Bn | 40.83% |
| 2 | Republic Services | 67.62 Bn | 67.51 Bn | 1.87 Bn | 42.14% |
| 3 | Waste Connections | 42.71 Bn | 42.61 Bn | 1.08 Bn | 42.25% |
| 4 | Clean Harbors | 17.07 Bn | 16.56 Bn | 608.78 Mn | 35.09% |
| 5 | GFL Environmental | 14.89 Bn | 14.70 Bn | 278.90 Mn | 19.81% |
| 6 | Casella Waste Systems | 5.91 Bn | 5.89 Bn | 178.80 Mn | 32.88% |
| 7 | Sino Green Land | 646.75 Mn | 646.67 Mn | -78,936.00 | -23.58% |
| 8 | Onterris | 529.21 Mn | 515.52 Mn | 82.26 Mn | 44.07% |
| 9 | Perma Fix Environmental Services | 334.90 Mn | 300.95 Mn | -2.50 Mn | -19.43% |
| 10 | American Battery Technology | 307.22 Mn | 267.94 Mn | 737,749.00 | 9.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.81% |
| Mar 31, 2026 | 18.24% |
| Dec 31, 2025 | 20.02% |
| Sep 30, 2025 | 21.85% |
| Jun 30, 2025 | 22.21% |
| Mar 31, 2025 | 18.43% |
| Dec 31, 2024 | 19.01% |
| Sep 30, 2024 | 19.10% |
| Jun 30, 2024 | 18.39% |
| Mar 31, 2024 | -11.94% |
| Dec 31, 2023 | 16.40% |
| Sep 30, 2023 | 19.22% |
| 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 | 7.65% |
| Dec 31, 2021 | 6.56% |
| Sep 30, 2021 | 12.80% |