GFL Environmental Inc.
GFL Environmental Inc. is a North American environmental services company focused on non-hazardous solid waste management, liquid waste management, soil remediation, and related infrastructure services. GFL Environmental Inc. serves municipal, residential, commercial, industrial, and institutional customers through an integrated network that includes collection, transportation, transfer, recycling, disposal, landfill, and material recovery operations. The company also provides specialized services such as dumpster rentals, roll-off container service, industrial cleaning, organics handling, document shredding, and environmental remediation. Its business is centered on essential waste-handling and recovery services that support communities, businesses, and public-sector clients across Canada and the United States. With a broad operational footprint and a diversified service mix, GFL Environmental Inc. plays a significant role in regional waste logistics, recycling, and environmental compliance across the North American market.
$45.53
+$1.39 (+3.15%)
EOD Oct 23, 2026
Operating margin is thin at 4.78%. Limited cushion if revenue slows or costs rise.
Revenue grew 14.0% in the fiscal year ended Dec 2025, still solid. Free cash flow declined 32% despite revenue growth, conversion is weakening.
Free cash flow declined 32% in the fiscal year ended Dec 2025 versus the year before, cash generation momentum has weakened. Net debt of C$7.85B represents 37.4x FCF, leverage limits flexibility.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$6.97B
▲ +14.0% YoY
Net Income (TTM)
-C$250M
▲ +800.0% YoY
Op. Margin
4.78%
ROIC
2.42%
▲ +0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
C$210M
▼ -31.9% YoY
Op. Cash Flow (TTM)
C$1.42B
▲ +45.0% YoY
Net Debt
C$7.85B
Cash & Equiv.
C$86M
3Y CAGR: -0.7%
3Y CAGR: -19.2%
Continue Research
Is GFL Environmental (GFL) overvalued?
GFL Environmental (GFL) trades above a two-stage DCF intrinsic value of about C$-11.65 per share, so at C$45.53 the stock looks overvalued (125.6% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, GFL Environmental scores 31/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.1%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is GFL Environmental's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about C$-11.65 per share for GFL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around C$-8.74. At today's C$45.53, that puts the stock about 125.6% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is GFL Environmental a high-quality business?+
GFL Environmental scores 31 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 4.8% operating margin and a 2.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does GFL Environmental (GFL) pay a dividend, and how much?+
Yes, GFL Environmental pays a regular dividend of about C$0.03 per share per year (typically in quarterly installments), a yield of roughly 0.1% at the current price. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For GFL's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is GFL Environmental a good stock to buy right now?+
That depends on valuation and quality together, not either alone. GFL currently trades above its estimated intrinsic value and scores 31/100 on quality (lower-quality). It also yields about 0.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Waste Management
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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