GFL Environmental (GFL) Operating Margin (2019 - 2026)
GFL Environmental (GFL) reported Operating Margin of -11.00% for Q2 2026, down 3.69 percentage points from -7.31% a year earlier.
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Analysis
GFL Environmental (GFL) Operating Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, GFL Environmental's Operating Margin came in at -9.23%, up 1.45 percentage points year-over-year; for FY2025, it came in at -75.31%, up 24.90 percentage points from FY2024.
- Operating Margin has a five-year change of -67.73 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at -100.22% in FY2024 (-104.15 pp), 3.93% in FY2023 (+23.30 pp), -19.37% in FY2022 (+6.18 pp) and -25.55% in FY2021 (-17.96 pp).
- Five-year quarterly Operating Margin spans a low of -58.41% in Q4 2022 and a high of -6.43% in Q3 2025.
- Year over year, Operating Margin gained in four of the last five quarters, with an average year-over-year change of +1.58 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2023 (a gain of 43.49 percentage points); the low point was Q4 2022 (a drop of 32.92 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.84 Bn | 81.75 Bn | 2.73 Bn | 18.75% |
| 2 | Republic Services | 64.88 Bn | 64.50 Bn | 1.87 Bn | 20.34% |
| 3 | Waste Connections | 39.22 Bn | 38.85 Bn | 1.08 Bn | 17.08% |
| 4 | Clean Harbors | 16.45 Bn | 13.46 Bn | 608.78 Mn | 15.50% |
| 5 | GFL Environmental | 15.66 Bn | 13.34 Bn | 385.80 Mn | -11.00% |
| 6 | Casella Waste Systems | 5.02 Bn | 4.14 Bn | 178.80 Mn | 3.67% |
| 7 | Onterris | 495.05 Mn | 454.32 Mn | 82.26 Mn | 3.46% |
| 8 | Perma Fix Environmental Services | 326.81 Mn | 218.37 Mn | -2.50 Mn | -50.50% |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | -245.94% |
| 10 | Comstock | 179.25 Mn | 182.57 Mn | -896,073.00 | -9,872.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.00% |
| Dec 31, 2025 | -11.91% |
| Sep 30, 2025 | -6.43% |
| Jun 30, 2025 | -7.31% |
| Dec 31, 2024 | -13.28% |
| Sep 30, 2024 | -10.62% |
| Jun 30, 2024 | -11.73% |
| Dec 31, 2023 | -14.91% |
| Jun 30, 2023 | -7.65% |
| Mar 31, 2023 | -12.33% |
| Dec 31, 2022 | -58.41% |
| Sep 30, 2022 | -12.33% |
| Jun 30, 2022 | -12.03% |
| Mar 31, 2022 | -18.97% |
| Dec 31, 2021 | -25.49% |
| Sep 30, 2021 | -15.46% |
| Jun 30, 2021 | -20.37% |
| Mar 31, 2021 | -22.89% |
| Dec 31, 2020 | -59.57% |
| Sep 30, 2020 | -11.54% |
API Access
GFL Environmental Operating 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=operating-margin&ticker=GFL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=GFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();