Gfl Environmental Inc ( (GFL) ) has released its Q1 earnings. Here is a breakdown of the information Gfl Environmental Inc presented to its investors.
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GFL Environmental Inc., headquartered in Vaughan, Ontario, is a leading diversified environmental services company in North America, providing comprehensive solid waste management services across Canada and 18 U.S. states.
In its first quarter of 2025, GFL Environmental Inc. reported strong financial results, surpassing expectations in revenue, adjusted EBITDA, and adjusted free cash flow. The company achieved a record low net leverage ratio of 3.1x, marking a significant milestone in its financial history.
Key financial highlights include a 12.5% increase in revenue, reaching $1,560.1 million, and a 13.8% rise in adjusted EBITDA to $426.1 million. Despite a net loss from continuing operations of $213.9 million, the company maintained a robust adjusted EBITDA margin of 27.3%, the highest for a first quarter in its history. GFL also completed acquisitions generating $85 million in annualized revenue, demonstrating its strategic growth initiatives.
Looking ahead, GFL Environmental Inc. remains confident in achieving its full-year guidance, supported by its strong first-quarter performance and strategic focus on acquisitions and share repurchases. The company plans to update investors on its outlook in the upcoming second-quarter results.