GFL Environmental (GFL) Operating Income (2021 - 2026)
GFL Environmental's Operating Income came in at $621.3 million for Q3 2026, up 5.5% from $588.9 million a year earlier and up 68.6% from the prior quarter.
GFL Environmental (GFL) Operating Income (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, GFL Environmental reported Operating Income of $1.72 billion, down 0.2% year-over-year; for FY2025, it came in at $2.14 billion, up 159.0% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 202.8% (FY2020 to FY2025).
- Going back by year, Operating Income was $825.5 million in FY2024 (+276.9%), $219.01 million in FY2023 (-86.7%), $1.65 billion in FY2022 (+54.8%) and $1.07 billion in FY2021.
- The Q3 2026 figure represents the highest quarterly Operating Income since Q2 2025.
- Year-over-year, Operating Income increased in four of the last seven quarters, with growth averaging 23.1%.
- The fastest year-over-year change in Operating Income over five years came in Q1 2022 (growth of 521.1%), and the weakest in Q4 2024 (a decline of 69.5%).
- Business Quant data shows GFL's Operating Income at $368.4 million (Q2 2026), $213.7 million (Q1 2026) and $516.2 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 93.34 Bn | 92.18 Bn | 2.75 Bn | 1.28 Bn |
| 2 | Republic Services | 75.09 Bn | 74.70 Bn | 1.90 Bn | 921.00 Mn |
| 3 | Waste Connections | 47.35 Bn | 46.99 Bn | 1.14 Bn | 541.75 Mn |
| 4 | GFL Environmental | 15.32 Bn | 15.00 Bn | - | - |
| 5 | Clean Harbors | 15.15 Bn | 12.49 Bn | 661.44 Mn | 318.11 Mn |
| 6 | Casella Waste Systems | 5.92 Bn | 5.04 Bn | 178.80 Mn | 19.96 Mn |
| 7 | Onterris | 802.59 Mn | 748.49 Mn | 88.27 Mn | 12.28 Mn |
| 8 | Enviri | 690.70 Mn | 1.79 Mn | -162.22 Mn | 23.55 Mn |
| 9 | Perma Fix Environmental Services | 316.78 Mn | 209.52 Mn | 552,000.00 | -3.67 Mn |
| 10 | Comstock | 137.16 Mn | -3.62 Mn | -606,061.00 | 2.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 621.30 Mn |
| Jun 30, 2026 | 368.40 Mn |
| Mar 31, 2026 | 213.70 Mn |
| Dec 31, 2025 | 516.20 Mn |
| Sep 30, 2025 | 588.90 Mn |
| Jun 30, 2025 | 726.90 Mn |
| Mar 31, 2025 | 263.40 Mn |
| Dec 31, 2024 | 143.00 Mn |
| Sep 30, 2024 | 554.10 Mn |
| Jun 30, 2024 | -80.10 Mn |
| Mar 31, 2024 | 208.50 Mn |
| Dec 31, 2023 | 469.60 Mn |
| Jun 30, 2023 | 1.07 Bn |
| Mar 31, 2023 | 283.40 Mn |
| Dec 31, 2022 | 304.20 Mn |
| Sep 30, 2022 | 264.90 Mn |
| Jun 30, 2022 | 514.00 Mn |
| Mar 31, 2022 | 566.40 Mn |
| Dec 31, 2021 | 419.90 Mn |
| Sep 30, 2021 | 90.80 Mn |
GFL Environmental Operating Income 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=operating-income&ticker=GFL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=GFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();