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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). GFL Environmental's share price for the quarter that ended in Mar. 2026 was C$58.03. GFL Environmental's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 359 Mil. Therefore, GFL Environmental's market cap for the quarter that ended in Mar. 2026 was C$20,815 Mil.
GFL Environmental's quarterly market cap
declined
from Sep. 2025 (C$23,688 Mil) to Dec. 2025 (C$21,103 Mil) and
declined
from Dec. 2025 (C$21,103 Mil) to Mar. 2026 (C$20,815 Mil).
GFL Environmental's annual market cap
increased
from Dec. 2023 (C$16,966 Mil) to Dec. 2024 (C$25,208 Mil) but then
declined
from Dec. 2024 (C$25,208 Mil) to Dec. 2025 (C$21,103 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. GFL Environmental's Enterprise Value for Today is C$28,855 Mil.
GFL Environmental (TSX:GFL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
GFL Environmental Market Cap Related Terms
GFL Environmental Market Cap Historical Data
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The historical data trend for GFL Environmental's Market Cap 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.
For the Waste Management subindustry, GFL Environmental's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Waste Management Industry
For the Waste Management industry and Industrials sector, GFL Environmental's Market Cap distribution charts can be found below:
* The bar in red indicates where GFL Environmental's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
GFL Environmental's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (TSX:GFL) has a Market Cap of C$20,273 Mil as of Jul. 18, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on GFL Environmental and its competitors. According to the industry distribution chart, GFL Environmental ranks #6 out of 250 companies in the Waste Management industry, placing it in the top 2.4%.
Is GFL Environmental's Market Cap too high?
GFL Environmental's current Market Cap is C$20,273 Mil. Based on the distribution chart, GFL Environmental ranks #6 out of 250 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to CLH and CWST?
According to the Waste Management industry distribution chart, GFL Environmental ranks #6 out of 250 companies for Market Cap. This places GFL Environmental in the top 2% of its industry — outperforming the majority of peers. The industry median Market Cap is 87.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Waste Management company?
The median Market Cap among Waste Management companies is 87.40, based on 250 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on GFL Environmental and its competitors. For the Waste Management industry, the median Market Cap is 87.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFL Environmental's current Market Cap is C$20,273 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$59.35, compared to a current price of C$55.40 — trading 6.7% below its estimated fair value. The current Market Cap is C$20,273 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For GFL Environmental (TSX:GFL), the current Market Cap is C$20,273 Mil as of Jul. 18, 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 6.7% below its estimated GF Value™ of C$59.35.
GuruFocus considers GFL Environmental to be Fairly Valued.
Key valuation signals for TSX:GFL:
Market Cap: C$20,273 Mil
GF Value™: C$59.35 vs. price of C$55.40 (6.7% below fair value)
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 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
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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