GFL Environmental (GFL) Operating Income (2019 - 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.
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Analysis
GFL Environmental (GFL) Operating Income (2019 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.39 Bn | 93.32 Bn | 2.75 Bn | 1.28 Bn |
| 2 | Republic Services | 75.41 Bn | 75.02 Bn | 1.90 Bn | 921.00 Mn |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 541.75 Mn |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn | 443.82 Mn |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn | 318.11 Mn |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn | 15.65 Mn |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn | 12.28 Mn |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn | 23.55 Mn |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - | - |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 | -3.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 443.82 Mn |
| Jun 30, 2026 | 266.33 Mn |
| Mar 31, 2026 | 155.83 Mn |
| Dec 31, 2025 | 370.16 Mn |
| Sep 30, 2025 | 427.92 Mn |
| Jun 30, 2025 | 524.61 Mn |
| Mar 31, 2025 | 183.57 Mn |
| Dec 31, 2024 | 102.37 Mn |
| Sep 30, 2024 | 406.18 Mn |
| Jun 30, 2024 | -58.56 Mn |
| Mar 31, 2024 | 154.73 Mn |
| Dec 31, 2023 | 344.94 Mn |
| Sep 30, 2023 | 363.04 Mn |
| Jun 30, 2023 | 796.04 Mn |
| Mar 31, 2023 | 209.63 Mn |
| Dec 31, 2022 | 224.11 Mn |
| Sep 30, 2022 | 203.11 Mn |
| Jun 30, 2022 | 403.15 Mn |
| Mar 31, 2022 | 447.16 Mn |
| Dec 31, 2021 | 324.63 Mn |
API Access
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_KEYimport 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();