Get startedLog in
    Picture of GFL Environmental logo

    GFL — GFL Environmental News Story

    0.000.00%
    ca flag iconLast trade - 00:00
    IndustrialsBalancedLarge CapFalling Star
    All News

    Canada's GFL Environmental raises 2026 revenue, adj EBITDA outlook

    Picture of GFL Environmental logoGFL Environmental
    29/04/2026 21:37
    Overview

Canada waste management firm's Q1 revenue rose 5.4%, meeting analyst expectations

Adjusted EBITDA grew 12.3% to record margin of 29.1%

Company raised full-year 2026 adjusted EBITDA guidance by C$90 mln after recent acquisitions

Outlook

GFL raises 2026 revenue guidance to C$7.32 bln–C$7.34 bln, up by C$320 mln–C$340 mln

Company lifts 2026 adjusted EBITDA forecast to C$2.23 bln, up C$90 mln from prior view

2026 outlook excludes impact from proposed SECURE Waste acquisition, expected to close later in year

Result Drivers

PRICE INCREASES - Co said 7.0% core pricing growth was the main driver of organic revenue growth

ACQUISITIONS - Eight acquisitions since the start of the year added C$425 mln to C$450 mln in annualized revenue

RECORD MARGINS - Adjusted EBITDA margin rose to 29.1%, the highest Q1 margin in company history, attributed to operational execution and pricing discipline

Company press release: ID:nPn9kssCza

Key Details


    MetricBeat/MissActualConsensus Estimate
    Q1 RevenueMeetC$1.64 blnC$1.64 bln (15 Analysts)
    Q1 Net Income-C$219.20 mln
    Q1 Pretax Profit-C$272.20 mln
    

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 2 "hold" and 2 "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$66.50, about 21.2% above its April 28 closing price of C$54.88

The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 57 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)

    Recent news on GFL Environmental

    See all news