Overview Dividends

(GFL) Gfl Environmental Holdings - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA36168Q1046

Waste Hauling, Landfill Operations, Transfer Stations, Recycling Services, Soil Remediation

EPS (Earnings per Share)

EPS Growth (3y CAGR): 21.81%
EPS Trend (3y Corr): 22.4%

Last SUE: 0.19σ
Qual. Beats: 0

Revenue

Revenue Growth (3y CAGR): -2.59%
Revenue Trend (3y Corr): -38.8%

Last SUE: 0.00σ
Qual. Beats: 0

Risk via 10d forecast
Volatility	27.0%
Value at Risk 5%th	40.5%
Relative Tail Risk	-8.83%

Reward TTM
Sharpe Ratio	0.09
Alpha	-3.78

Character TTM
Hurst Exponent	0.495
Beta	0.526
Beta Downside	0.388

Drawdowns 3y
Max DD	29.27%
Mean DD	7.37%
Median DD	4.90%

Description: GFL Gfl Environmental Holdings October 30, 2025

GFL Environmental Inc. (NYSE:GFL) is a North-American provider of non-hazardous solid waste and environmental services, operating through two primary segments: Solid Waste and Environmental Services. Its core offerings include municipal and commercial waste hauling, landfill and transfer station operations, material recovery facilities, as well as liquid waste management and soil remediation for residential, commercial, and industrial clients. The company was incorporated in 2007 and is headquartered in Vaughan, Ontario.

Recent performance indicators suggest the firm is scaling rapidly: FY 2023 reported revenue of approximately US$5.2 billion, reflecting a 14 % year-over-year increase driven largely by organic growth in the U.S. Midwest and strategic acquisitions in Canada. EBITDA margins have stabilized around 12 %, while the tonnage of waste processed grew to roughly 30 million tons, indicating strong demand elasticity in the waste-to-energy and recycling subsectors. Key economic drivers include tightening municipal waste regulations, rising landfill tipping fees, and the broader ESG push that encourages corporate clients to outsource sustainable waste solutions.

For a deeper quantitative dive, the ValueRay platform offers a granular breakdown of GFL’s valuation metrics and comparable peer analysis.

GFL Stock Overview

Market Cap in USD	15,554m
Sub-Industry	Environmental & Facilities Services
IPO / Inception	2020-03-03
Return 12m vs S&P 500	-10.1%
Analyst Rating	4.11 of 5

GFL Dividends

Metric	Value
Dividend Yield	0.13%
Yield on Cost 5y	0.23%
Yield CAGR 5y	16.36%
Payout Consistency	97.7%
Payout Ratio	5.6%

GFL Growth Ratios

Metric	Value
CAGR 3y	17.45%
CAGR/Max DD Calmar Ratio	0.60
CAGR/Mean DD Pain Ratio	2.37
Current Volume	1302.1k
Average Volume	1302.1k

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (3.61b TTM) > 0 and > 6% of Revenue (6% = 414.9m TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA 0.35pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -6.26% (prev -17.86%; Δ 11.60pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 1.44b <= Net Income 3.61b (YES >=105%, WARN >=100%)

Net Debt (5.51b) to EBITDA (1.88b) ratio: 2.93 <= 3.0 (WARN <= 3.5)

Current Ratio 0.69 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (370.2m) change vs 12m ago -3.91% (target <= -2.0% for YES)

Gross Margin 20.38% (prev 17.67%; Δ 2.70pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 40.64% (prev 32.03%; Δ 8.61pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.01 (EBITDA TTM 1.88b / Interest Expense TTM 501.2m) >= 6 (WARN >= 3)

Altman Z'' 0.71

(A) -0.03 = (Total Current Assets 978.5m - Total Current Liabilities 1.41b) / Total Assets 13.90b

(B) 0.01 = Retained Earnings (Balance) 145.9m / Total Assets 13.90b

(D) 0.65 = Book Value of Equity 5.36b / Total Liabilities 8.29b

Total Rating: 0.71 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 46.50

1. Piotroski 4.50pt = -0.50

2. FCF Yield 0.83% = 0.41

3. FCF Margin 3.26% = 0.82

4. Debt/Equity 1.03 = 1.99

5. Debt/Ebitda 2.93 = -1.67

6. ROIC - WACC (= -4.21)% = -5.26

7. RoE 51.31% = 2.50

8. Rev. Trend -38.81% = -2.91

9. EPS Trend 22.43% = 1.12

What is the price of GFL shares?

As of November 21, 2025, the stock is trading at USD 46.51 with a total of 1,302,075 shares traded.
Over the past week, the price has changed by +6.43%, over one month by +2.13%, over three months by -6.57% and over the past year by +2.15%.

Is GFL a buy, sell or hold?

Gfl Environmental Holdings has received a consensus analysts rating of 4.11. Therefore, it is recommended to buy GFL.

Strong Buy: 9
Buy: 5
Hold: 4
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the GFL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	56.1	20.6%
Analysts Target Price	56.1	20.6%
ValueRay Target Price	48.5	4.2%

GFL Fundamental Data Overview November 17, 2025

Market Cap CAD = 21.84b (15.55b USD * 1.404 USD.CAD)
P/E Trailing = 260.8235
P/E Forward = 53.1915
P/S = 1.8913
P/B = 2.9313
Beta = 0.592
Revenue TTM = 6.92b CAD
EBIT TTM = 507.3m CAD
EBITDA TTM = 1.88b CAD
Long Term Debt = 7.27b CAD (from longTermDebt, last quarter)
Short Term Debt = 162.6m CAD (from shortTermDebt, last quarter)
Debt = 5.65b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.51b CAD (from netDebt column, last quarter)
Enterprise Value = 27.35b CAD (21.84b + Debt 5.65b - CCE 139.7m)
Interest Coverage Ratio = 1.01 (Ebit TTM 507.3m / Interest Expense TTM 501.2m)
FCF Yield = 0.83% (FCF TTM 225.7m / Enterprise Value 27.35b)
FCF Margin = 3.26% (FCF TTM 225.7m / Revenue TTM 6.92b)
Net Margin = 52.22% (Net Income TTM 3.61b / Revenue TTM 6.92b)
Gross Margin = 20.38% ((Revenue TTM 6.92b - Cost of Revenue TTM 5.51b) / Revenue TTM)
Gross Margin QoQ = 21.85% (prev 22.21%)
Tobins Q-Ratio = 1.97 (Enterprise Value 27.35b / Total Assets 13.90b)
Interest Expense / Debt = 1.89% (Interest Expense 106.7m / Debt 5.65b)
Taxrate = 27.79% (41.6m / 149.7m)
NOPAT = 366.3m (EBIT 507.3m * (1 - 27.79%))
Current Ratio = 0.69 (Total Current Assets 978.5m / Total Current Liabilities 1.41b)
Debt / Equity = 1.03 (Debt 5.65b / totalStockholderEquity, last quarter 5.46b)
Debt / EBITDA = 2.93 (Net Debt 5.51b / EBITDA 1.88b)
Debt / FCF = 24.43 (Net Debt 5.51b / FCF TTM 225.7m)
Total Stockholder Equity = 7.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 25.98% (Net Income 3.61b / Total Assets 13.90b)
RoE = 51.31% (Net Income TTM 3.61b / Total Stockholder Equity 7.04b)
RoCE = 3.55% (EBIT 507.3m / Capital Employed (Equity 7.04b + L.T.Debt 7.27b))
RoIC = 2.39% (NOPAT 366.3m / Invested Capital 15.34b)
WACC = 6.60% (E(21.84b)/V(27.49b) * Re(7.95%) + D(5.65b)/V(27.49b) * Rd(1.89%) * (1-Tc(0.28)))
Discount Rate = 7.95% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -0.06%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈238.1m ; Y1≈156.3m ; Y5≈71.5m
Fair Price DCF = 4.05 (DCF Value 1.40b / Shares Outstanding 347.3m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 22.43 | EPS CAGR: 21.81% | SUE: 0.19 | # QB: 0
Revenue Correlation: -38.81 | Revenue CAGR: -2.59% | SUE: 0.00 | # QB: 0

Additional Sources for GFL Stock

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