GFL Environmental (GFL) Operating Margin (2021 - 2026)
GFL Environmental (GFL) reported Operating Margin of 18.91% for Q2 2026, down 24.48 percentage points from 43.39% a year earlier.
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Analysis
GFL Environmental (GFL) Operating Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, GFL Environmental's Operating Margin came in at 24.52%, down 1.92 percentage points year-over-year; for FY2025, it came in at 45.16%, up 26.75 percentage points from FY2024.
- Operating Margin has a five-year change of +44.48 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 18.41% in FY2024 (+14.48 pp), 3.93% in FY2023 (-27.79 pp), 31.72% in FY2022 (+5.71 pp) and 26.00% in FY2021 (+25.32 pp).
- The Q2 2026 figure ranks as the lowest quarterly Operating Margin since Q4 2024.
- Year over year, Operating Margin gained in two of the last four quarters, with an average year-over-year change of +7.41 percentage points.
- The high point for year-over-year Operating Margin in five years was Q2 2025 (a gain of 48.46 percentage points); the low point was Q2 2026 (a drop of 24.48 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 93.34 Bn | 92.18 Bn | 2.75 Bn | 18.68% |
| 2 | Republic Services | 75.09 Bn | 74.70 Bn | 1.90 Bn | 20.20% |
| 3 | Waste Connections | 47.35 Bn | 46.99 Bn | 1.14 Bn | 20.54% |
| 4 | GFL Environmental | 15.32 Bn | 15.00 Bn | - | - |
| 5 | Clean Harbors | 15.15 Bn | 12.49 Bn | 661.44 Mn | 17.02% |
| 6 | Casella Waste Systems | 5.92 Bn | 5.04 Bn | 178.80 Mn | 3.67% |
| 7 | Onterris | 802.59 Mn | 748.49 Mn | 88.27 Mn | 6.05% |
| 8 | Enviri | 690.70 Mn | 1.79 Mn | -162.22 Mn | 7.24% |
| 9 | Perma Fix Environmental Services | 316.78 Mn | 209.52 Mn | 552,000.00 | -20.43% |
| 10 | Comstock | 137.16 Mn | -3.62 Mn | -606,061.00 | 588.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.91% |
| Dec 31, 2025 | 30.61% |
| Jun 30, 2025 | 43.39% |
| Dec 31, 2024 | 9.10% |
| Sep 30, 2024 | 35.65% |
| Jun 30, 2024 | -5.06% |
| Dec 31, 2023 | 24.94% |
| Jun 30, 2023 | 55.02% |
| Mar 31, 2023 | 15.75% |
| Dec 31, 2022 | 16.70% |
| Sep 30, 2022 | 14.47% |
| Jun 30, 2022 | 30.10% |
| Mar 31, 2022 | 40.42% |
| Dec 31, 2021 | 29.17% |
| Sep 30, 2021 | 6.57% |
| Jun 30, 2021 | 40.95% |
| Mar 31, 2021 | 8.29% |
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();