GFL Environmental (TSX:GFL) Construction In Progress: C$89 Mil (As of Mar. 2026)

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TSX:GFL GFL Environmental Inc TSX:GFL
69 GF Score
Price C$55.40
GF Value C$59.20
Valuation Fairly Valued
! 4 Warning Signs
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What is GFL Environmental Construction In Progress?

GFL Environmental TSX:GFL -0.47% 69 Construction In Progress is C$89 Mil as of Mar. 2026. GuruFocus rates TSX:GFL with a GF Score™ of 69/100 and a GF Value™ of C$59.20 (Fairly Valued). The stock has 4 warning signs investors should review.

GFL Environmental's quarterly construction in progress declined from Sep. 2025 (C$169 Mil) to Dec. 2025 (C$146 Mil) and declined from Dec. 2025 (C$146 Mil) to Mar. 2026 (C$89 Mil).

GFL Environmental's annual construction in progress increased from Dec. 2023 (C$149 Mil) to Dec. 2024 (C$208 Mil) but then declined from Dec. 2024 (C$208 Mil) to Dec. 2025 (C$146 Mil).

GFL Environmental Construction In Progress Historical Data

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The historical data trend for GFL Environmental's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GFL Environmental Construction In Progress Chart

GFL Environmental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.30 51.60 148.70 208.20 145.90

GFL Environmental Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 166.50 153.80 168.90 145.90 89.30
TSX:GFL
69GF Score
GFL Environmental Inc TSX:GFL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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GFL Environmental Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of C$89 Mil mean?
GFL Environmental (TSX:GFL) has a Construction In Progress of C$89 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on GFL Environmental and its competitors.
Is GFL Environmental's Construction In Progress too high?
GFL Environmental's current Construction In Progress is C$89 Mil. Overall, GFL Environmental has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GFL Environmental's Construction In Progress compare to CLH and CWST?
GFL Environmental's Construction In Progress of C$89 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Waste Management company?
A good Construction In Progress depends on the Waste Management industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on GFL Environmental and its competitors. GFL Environmental's current Construction In Progress is C$89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFL Environmental stock overvalued right now?
Based on GuruFocus' analysis, GFL Environmental (TSX:GFL) is currently considered Fairly Valued. The stock's GF Value™ is C$59.20, compared to a current price of C$55.40 — trading 6.4% below its estimated fair value. The current Construction In Progress is C$89 Mil. GFL Environmental's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For GFL Environmental (TSX:GFL), the current Construction In Progress is C$89 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GFL Environmental (TSX:GFL) Overvalued in 2026?

Based on GuruFocus' analysis, GFL Environmental stock appears to be undervalued. The current stock price of C$55.40 is trading 6.4% below its estimated GF Value™ of C$59.20. GuruFocus considers GFL Environmental to be Fairly Valued.

Key valuation signals for TSX:GFL:

  • Construction In Progress: C$89 Mil
  • GF Value™: C$59.20 vs. price of C$55.40 (6.4% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the TSX:GFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

GFL Environmental Business Description

Other Exchanges GFL:USA36E:Germany
Address 1759 Purdy Avenue, Suite 300, Miami Beach, FL, USA, 33139
GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. The company's geographical segments are Canada and the United States. The company derives the majority of its revenue from the United States.
69GF Score

Get the complete analysis for TSX:GFL

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$55.40
Price
C$59.20
GF Value