GFL Environmental (GFL) Net Margin (2021 - 2026)
GFL Environmental's Net Margin came in at -8.20% for Q2 2026, down 23.83 percentage points from 15.63% a year earlier.
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Analysis
GFL Environmental (GFL) Net Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, GFL Environmental reported Net Margin of -1.54%, down 57.83 percentage points year-over-year; for FY2025, it was 57.95%, up 69.73 percentage points from FY2024.
- Net Margin carries a five-year change of +106.04 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -11.77% in FY2024 (-12.38 pp), 0.60% in FY2023 (+5.22 pp), -4.61% in FY2022 (+7.20 pp) and -11.81% in FY2021 (+36.28 pp).
- The Q2 2026 figure represents the lowest quarterly Net Margin since Q4 2024.
- Year-over-year, Net Margin increased in two of the last four quarters, with an average year-over-year change of +7.23 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q2 2025 (a gain of 45.42 percentage points), and the weakest in Q1 2022 (a drop of 531.46 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 93.34 Bn | 92.18 Bn | 2.75 Bn | 11.98% |
| 2 | Republic Services | 75.09 Bn | 74.70 Bn | 1.90 Bn | 12.99% |
| 3 | Waste Connections | 47.35 Bn | 46.99 Bn | 1.14 Bn | 13.62% |
| 4 | GFL Environmental | 15.32 Bn | 15.00 Bn | - | - |
| 5 | Clean Harbors | 15.15 Bn | 12.49 Bn | 661.44 Mn | 11.13% |
| 6 | Casella Waste Systems | 5.92 Bn | 5.04 Bn | 178.80 Mn | 0.69% |
| 7 | Onterris | 802.59 Mn | 748.49 Mn | 88.27 Mn | 4.43% |
| 8 | Enviri | 690.70 Mn | 1.79 Mn | -162.22 Mn | 0.76% |
| 9 | Perma Fix Environmental Services | 316.78 Mn | 209.52 Mn | 552,000.00 | -19.29% |
| 10 | Comstock | 137.16 Mn | -3.62 Mn | -606,061.00 | -205.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.20% |
| Dec 31, 2025 | 10.62% |
| Jun 30, 2025 | 15.63% |
| Dec 31, 2024 | -12.04% |
| Sep 30, 2024 | 7.10% |
| Jun 30, 2024 | -29.79% |
| Dec 31, 2023 | -2.28% |
| Jun 30, 2023 | 15.17% |
| Mar 31, 2023 | -12.19% |
| Dec 31, 2022 | -1.14% |
| Sep 30, 2022 | -10.02% |
| Jun 30, 2022 | 3.77% |
| Mar 31, 2022 | -6.17% |
| Dec 31, 2021 | -8.25% |
| Sep 30, 2021 | 22.44% |
| Jun 30, 2021 | 2.91% |
| Mar 31, 2021 | 525.29% |
API Access
GFL Environmental Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=GFL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "GFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=GFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();