Canada's GFL Environmental ups FY revenue guidance after in-line Q3

GFL Environmental

05/11/2025 21:48

Overview

GFL Environmental Q3 revenue grows 9%, meeting analyst expectations

Adjusted EBITDA for Q3 beats analyst expectations, reaching $535.1 mln

Company raises full-year 2025 revenue and adjusted EBITDA guidance

Outlook

GFL raises full-year 2025 revenue guidance to $6,575 mln-$6,600 mln

Company expects 2025 Adjusted EBITDA of $1,975 mln

GFL reaffirms 2025 Adjusted Free Cash Flow at $750 mln

Result Drivers

ORGANIC GROWTH - GFL achieved 7.3% organic price and volume growth, with pricing accelerating to 6.3%

CAPITAL ALLOCATION - GFL executed capital allocation strategies, including $346 mln in share repurchases and over $300 mln in acquisitions

M&A IMPACT - Completed acquisitions contributed approximately $205 mln in annualized revenue, providing additional growth tailwinds

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Meet
C$1.69 bln
C$1.69 bln (10 Analysts)
Q3 Net Income
C$108.10 mln
Q3 Adjusted EBITDA
Beat
C$535.10 mln
C$525.70 mln (10 Analysts)
Q3 Pretax Profit
C$149.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for GFL Environmental Inc is C$76.25, about 19.4% above its November 4 closing price of C$61.49

The stock recently traded at 61 times the next 12-month earnings vs. a P/E of 76 three months ago

Press Release: ID:nCNWMzlVga

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)