GFL Environmental (NYSE:GFL) Releases Earnings Results

GFL Environmental (NYSE:GFL) issued its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19, reports. GFL Environmental had a positive return on equity of 4.14% and a negative net margin of 3.28%. The business had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $1.49 billion.

GFL Environmental Price Performance

Shares of NYSE GFL traded up $1.45 during mid-day trading on Thursday, reaching $45.04. The company’s stock had a trading volume of 8,247,146 shares, compared to its average volume of 2,640,228. The stock has a 50-day moving average of $42.56 and a two-hundred day moving average of $40.81. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a market capitalization of $16.26 billion, a P/E ratio of -84.78, a P/E/G ratio of 3.52 and a beta of 0.72. GFL Environmental has a 1-year low of $33.33 and a 1-year high of $46.76.

GFL Environmental Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be paid a $0.0169 dividend. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.2%. GFL Environmental’s payout ratio is currently -13.21%.

Key Headlines Impacting GFL Environmental

Here are the key news stories impacting GFL Environmental this week:

• Positive Sentiment: GFL reported third-quarter revenue, Adjusted EBITDA and Adjusted Free Cash Flow ahead of expectations. Revenue grew 24.4% year over year to approximately $1.5 billion, while Adjusted EBITDA rose 26.8% to $678.7 million. Organic revenue growth accelerated to 7.4%, and the Adjusted EBITDA margin expanded by 115 basis points excluding M&A and diesel-price impacts. GFL Environmental Reports Third Quarter 2026 Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Management raised full-year 2026 guidance for the third time. It now expects revenue and Adjusted EBITDA growth in the low-to-mid 20% range, along with more than 30% growth in Adjusted Free Cash Flow. Acquisitions completed year to date are expected to contribute approximately $2 billion in annualized revenue. GFL Environmental Reports Third Quarter 2026 Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Adjusted earnings were reported at $0.19 per share, in line with one consensus estimate and up from $0.17 a year earlier. Shares also gained after hours following the earnings release. GFL Environmental Quarterly Earnings
• Positive Sentiment: Unusually high call-option activity may indicate increased bullish trading interest, with 38,721 calls purchased—about 156% above average volume.
• Neutral Sentiment: GFL plans to appoint Joseph Lenz Will to its board of directors. The appointment could strengthen governance or industry expertise, but no immediate financial impact was provided. GFL Environmental to Appoint Joseph Lenz Will to the Board
• Negative Sentiment: Reported net income remained weak: GFL posted a $28.0 million loss from continuing operations, while operating profit declined year over year. One analyst survey also characterized the $0.19 adjusted EPS result as slightly below its $0.20 estimate.
• Negative Sentiment: Investors also bought a large volume of put options, signaling that some traders may be hedging against downside risk despite the bullish earnings reaction.

Analyst Ratings Changes

Several research analysts recently weighed in on GFL shares. Wolfe Research started coverage on GFL Environmental in a research report on Tuesday, September 15th. They set an “outperform” rating and a $77.00 price target for the company. Scotiabank lowered their price objective on GFL Environmental from $57.00 to $55.00 and set a “sector outperform” rating on the stock in a research report on Thursday, October 15th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of GFL Environmental in a research note on Monday, August 31st. TD Cowen reissued a “buy” rating and set a $65.00 price target on shares of GFL Environmental in a report on Friday, September 11th. Finally, Barclays assumed coverage on shares of GFL Environmental in a report on Wednesday, September 2nd. They issued an “overweight” rating and a $58.00 price objective for the company. Nine investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $57.56.

About GFL Environmental

GFL Environmental Inc is a Canadian environmental services company that provides waste management and related infrastructure services to municipal, residential, commercial, industrial and institutional customers. The company’s operations include the collection, transfer, processing, recycling and disposal of non-hazardous solid waste, as well as organics and other resource-recovery services.

GFL also provides infrastructure and soil remediation services, including the management of contaminated materials and related environmental projects.