GFL Environmental (NYSE:GFL) Posts Earnings Results, Meets Estimates

GFL Environmental (NYSE:GFL) released its earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19, reports. The firm had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $1.49 billion. GFL Environmental had a positive return on equity of 4.39% and a negative net margin of 4.93%.

GFL Environmental Price Performance

GFL Environmental stock opened at $44.87 on Friday. The stock has a market cap of $16.19 billion, a P/E ratio of -56.86, a price-to-earnings-growth ratio of 3.22 and a beta of 0.72. The company has a fifty day simple moving average of $42.63 and a 200-day simple moving average of $40.82. GFL Environmental has a 12-month low of $33.33 and a 12-month high of $46.76. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.34.

GFL Environmental Dividend Announcement

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

Key Headlines Impacting GFL Environmental

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

• Positive Sentiment: Guidance was raised again. GFL now expects approximately $5.8 billion in fiscal 2026 revenue, above the roughly $5.7 billion consensus estimate. The company also reiterated expectations for low-to-mid-20% growth in revenue and adjusted EBITDA, along with more than 30% growth in adjusted free cash flow. This was the third guidance increase of the year.
• Positive Sentiment: Q3 results showed strong growth. Revenue, adjusted EBITDA and adjusted free cash flow exceeded expectations. Adjusted EBITDA rose 26.8% to $678.7 million, organic revenue growth accelerated to 7.4%, and the underlying adjusted EBITDA margin expanded by 115 basis points, excluding mergers and acquisitions and diesel-price effects. GFL Environmental Reports Third Quarter 2026 Results and Raises Full Year 2026 Guidance
• Positive Sentiment: Take-private interest could provide a valuation catalyst. GFL set November 9 as the deadline for potential take-private proposals, giving investors a defined near-term event that could lead to a premium offer or strategic alternatives.
• Neutral Sentiment: Trading activity reflected bullish positioning. Investors bought 38,721 call options, about 156% above average volume. This suggests increased speculative interest but does not guarantee a fundamental improvement in the business.
• Negative Sentiment: Profitability remains mixed. GFL reported a net loss from continuing operations of $28.0 million, while operating profit and net income remain pressured by high costs, acquisitions and the company’s substantial leverage. The guidance and cash-flow improvements therefore need to translate into sustained earnings and debt reduction.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on GFL shares. Jefferies Financial Group restated a “buy” rating on shares of GFL Environmental in a research report on Friday. Barclays initiated coverage on shares of GFL Environmental in a research note on Wednesday, September 2nd. They issued an “overweight” rating and a $58.00 price target on the stock. Citigroup set a $51.00 price target on shares of GFL Environmental and gave the stock a “buy” rating in a research note on Wednesday, October 14th. BMO Capital Markets reiterated a “market perform” rating on shares of GFL Environmental in a report on Thursday, October 15th. Finally, Weiss Ratings raised GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 26th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. 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.