GFL Environmental (TSX:GFL) FCF Margin %: -13.29% (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
View Full Analysis

What is GFL Environmental FCF Margin %?

GFL Environmental TSX:GFL -0.47% 69 FCF Margin % is -13.29% 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. Among 236 Waste Management companies, GFL Environmental ranks worse than 55.51% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. GFL Environmental's Free Cash Flow for the three months ended in Mar. 2026 was C$-218 Mil. GFL Environmental's Revenue for the three months ended in Mar. 2026 was C$1,644 Mil. Therefore, GFL Environmental's FCF Margin % for the quarter that ended in Mar. 2026 was -13.29%.

As of today, GFL Environmental's current FCF Yield % is 0.49%.

The historical rank and industry rank for GFL Environmental's FCF Margin % or its related term are showing as below:

TSX:GFL' s FCF Margin % Range Over the Past 10 Years
Min: -8.54   Med: 1.76   Max: 5.66
Current: 1.45


During the past 10 years, the highest FCF Margin % of GFL Environmental was 5.66%. The lowest was -8.54%. And the median was 1.76%.

TSX:GFL's FCF Margin % is ranked worse than
55.51% of 236 companies
in the Waste Management industry
Industry Median: 3.275 vs TSX:GFL: 1.45


GFL Environmental FCF Margin % Related Terms


GFL Environmental FCF Margin % Historical Data

* Premium members only.

The historical data trend for GFL Environmental's FCF Margin % 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 FCF Margin % Chart

GFL Environmental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 4.90 -0.99 5.66 2.64

GFL Environmental Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 -9.04 1.02 6.00 11.68 -13.29

TSX:GFL vs CLH, CWST, ONT: FCF Margin % Comparison

For the Waste Management subindustry, GFL Environmental's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GFL Environmental FCF Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, GFL Environmental's FCF Margin % distribution charts can be found below:

* The bar in red indicates where GFL Environmental's FCF Margin % falls into.


TSX:GFL
69GF Score
GFL Environmental Inc TSX:GFL
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GFL Environmental FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

GFL Environmental's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=174.6/6615.9
=2.64 %

GFL Environmental's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-218.4/1643.8
=-13.29 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -13.29% mean?
GFL Environmental (TSX:GFL) has a FCF Margin % of -13.29% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on GFL Environmental and its competitors. According to the industry distribution chart, GFL Environmental ranks #131 out of 236 companies in the Waste Management industry, placing it in the top 55.5%.
Is GFL Environmental's FCF Margin % too high?
GFL Environmental's current FCF Margin % is -13.29%. Based on the distribution chart, GFL Environmental ranks #131 out of 236 companies in the Waste Management industry, which is below the industry midpoint. 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 FCF Margin % compare to CLH and CWST?
According to the Waste Management industry distribution chart, GFL Environmental ranks #131 out of 236 companies for FCF Margin %. This places GFL Environmental in the lower half of its industry. The industry median FCF Margin % is 3.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Waste Management company?
The median FCF Margin % among Waste Management companies is 3.28, based on 236 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on GFL Environmental and its competitors. For the Waste Management industry, the median FCF Margin % is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFL Environmental's current FCF Margin % is -13.29%. 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 FCF Margin % is -13.29%. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For GFL Environmental (TSX:GFL), the current FCF Margin % is -13.29% 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:

  • FCF Margin %: -13.29%
  • 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

FCF Margin % 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