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GFL Environmental (TSX:GFL) Pretax Margin % : 6.51% (As of Sep. 2024)


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What is GFL Environmental Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GFL Environmental's Pre-Tax Income for the three months ended in Sep. 2024 was C$131 Mil. GFL Environmental's Revenue for the three months ended in Sep. 2024 was C$2,015 Mil. Therefore, GFL Environmental's pretax margin for the quarter that ended in Sep. 2024 was 6.51%.

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

TSX:GFL' s Pretax Margin % Range Over the Past 10 Years
Min: -32.31   Med: -14.33   Max: 2.56
Current: -9.08


TSX:GFL's Pretax Margin % is ranked worse than
79.41% of 238 companies
in the Waste Management industry
Industry Median: 5.945 vs TSX:GFL: -9.08

GFL Environmental Pretax Margin % Historical Data

The historical data trend for GFL Environmental's Pretax 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.

* Premium members only.

GFL Environmental Pretax Margin % Chart

GFL Environmental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -18.20 -32.31 -14.33 -5.31 2.56

GFL Environmental Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax 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 0.02 -4.30 -12.77 -25.71 6.51

Competitive Comparison of GFL Environmental's Pretax Margin %

For the Waste Management subindustry, GFL Environmental's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Waste Management Industry

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

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



GFL Environmental Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

GFL Environmental's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=192.1/7515.5
=2.56 %

GFL Environmental's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=131.1/2014.7
=6.51 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


GFL Environmental Pretax Margin % Related Terms

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GFL Environmental Business Description

Traded in Other Exchanges
Address
100 New Park Place, Suite 500, Vaughan, ON, CAN, L4K 0H9
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. GFL's geographical segments are Canada and the United States. The company derives the majority of its revenue from the United States.