GFL Environmental (GFL) Operating Margin (2019 - 2026)
GFL Environmental (GFL) posted quarterly Operating Margin of 5.09% for Q2 2026, down 324.0% year-over-year from 2.27% in Q2 2025, and up 133.54% quarter-over-quarter from 15.18% in Q1 2026.
GFL Environmental (GFL) Operating Margin (2019 - 2026) Analysis & Trends
GFL Environmental (GFL) has reported Operating Margin for 8 consecutive years, with 5.09% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 324.0% year-over-year to 5.09%; the TTM figure through Jun 2026 stood at 1.71% (up 106.0% YoY), while the FY2025 annual figure was 75.31%, up 5503.0% from the prior year.
- Operating Margin climbed to 5.09% in Q2 2026 per GFL's latest filing, from 15.18% in the prior quarter.
- Across five years, Operating Margin topped out at 11.74% in Q1 2022 and bottomed at 58.41% in Q4 2022.
- Historically, Operating Margin has averaged 10.43% across 5 years, with a median of 2.97% in 2022.
- On a YoY basis, Operating Margin climbed as much as 5661 bps in 2024 and fell as far as 4102 bps in 2024.
- GFL Environmental's Operating Margin stood at 58.41% in 2022, then climbed by 9 bps to 53.15% in 2023, then soared by 107 bps to 3.46% in 2024, then gained by 11 bps to 3.85% in 2025, then soared by 32 bps to 5.09% in 2026.
- Business Quant data shows GFL's Operating Margin at 5.09% in Q2 2026, 15.18% in Q1 2026, and 3.85% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.39 Bn | 89.83 Bn | 2.73 Bn | 18.75% |
| 2 | Republic Services | 67.62 Bn | 67.51 Bn | 1.87 Bn | 20.34% |
| 3 | Waste Connections | 42.71 Bn | 42.61 Bn | 1.08 Bn | 17.08% |
| 4 | Clean Harbors | 17.07 Bn | 16.56 Bn | 608.78 Mn | 15.50% |
| 5 | GFL Environmental | 14.89 Bn | 14.70 Bn | 278.90 Mn | -11.00% |
| 6 | Casella Waste Systems | 5.91 Bn | 5.89 Bn | 178.80 Mn | 3.67% |
| 7 | Sino Green Land | 646.75 Mn | 646.67 Mn | -78,936.00 | -83.62% |
| 8 | Onterris | 529.21 Mn | 515.52 Mn | 82.26 Mn | 3.46% |
| 9 | Perma Fix Environmental Services | 334.90 Mn | 300.95 Mn | -2.50 Mn | -50.50% |
| 10 | American Battery Technology | 307.22 Mn | 267.94 Mn | 737,749.00 | -440.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.09% |
| Mar 31, 2026 | -15.18% |
| Dec 31, 2025 | 3.85% |
| Sep 30, 2025 | 9.85% |
| Jun 30, 2025 | 8.33% |
| Mar 31, 2025 | -17.81% |
| Dec 31, 2024 | 3.46% |
| Sep 30, 2024 | 6.19% |
| Jun 30, 2024 | -14.94% |
| Mar 31, 2024 | -58.28% |
| Dec 31, 2023 | -53.15% |
| Sep 30, 2023 | 6.60% |
| Jun 30, 2023 | 5.84% |
| Mar 31, 2023 | -17.25% |
| Dec 31, 2022 | -58.41% |
| Sep 30, 2022 | 2.48% |
| Jun 30, 2022 | -16.10% |
| Mar 31, 2022 | 11.74% |
| Dec 31, 2021 | -20.91% |
| Sep 30, 2021 | 0.67% |