tiprankstipranks
Advertisement
Advertisement

GFL Environmental Lifts 2026 Outlook After Record Q1 Margin and Acquisition Push

Story Highlights
  • GFL Environmental posted Q1 2026 revenue and record adjusted EBITDA margins, with strong core pricing driving 5.4 percent sales growth despite macroeconomic and weather headwinds.
  • The company completed eight acquisitions, raised its 2026 revenue and adjusted EBITDA guidance, and signaled further upside potential from its pending SECURE Waste acquisition and ongoing integration efforts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GFL Environmental Lifts 2026 Outlook After Record Q1 Margin and Acquisition Push

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from GFL Environmental ( (TSE:GFL) ).

GFL Environmental reported first-quarter 2026 results on April 29, 2026, with revenue rising 5.4% to $1.64 billion and core pricing up 7.0%, despite macroeconomic uncertainty and challenging weather. Adjusted EBITDA grew 12.3% to $478.5 million, pushing the adjusted EBITDA margin to a record first-quarter level of 29.1%, although the company still posted a net loss from continuing operations of $219.2 million and negative adjusted free cash flow of $24.3 million.

The company completed eight acquisitions since the start of the year, adding an estimated $425 million to $450 million in annualized revenue and prompting an increase in full-year 2026 guidance. GFL now projects revenue of about $7.32 billion to $7.34 billion and adjusted EBITDA of roughly $2.23 billion, with higher expected adjusted free cash flow and mid‑3x net leverage by year-end, underscoring confidence in continued growth and integration benefits while excluding potential upside from its proposed acquisition of SECURE Waste in Western Canada.

The most recent analyst rating on (TSE:GFL) stock is a Buy with a C$90.00 price target. To see the full list of analyst forecasts on GFL Environmental stock, see the TSE:GFL Stock Forecast page.

Spark’s Take on GFL Stock

According to Spark, TipRanks’ AI Analyst, GFL is a Neutral.

The score is driven by solid underlying cash generation and a favorable valuation (low P/E and high dividend yield), supported by a positive earnings-call backdrop with raised guidance and record margins. These are tempered by high leverage and mixed earnings quality/recent revenue decline, plus weak technical trend signals (below key moving averages with negative MACD).

To see Spark’s full report on GFL stock, click here.

More about GFL Environmental

GFL Environmental Inc. is the fourth-largest diversified environmental services company in North America, providing comprehensive solid waste management services across Canada and 18 U.S. states. The company operates a broad platform of facilities and employs more than 15,000 people, focusing on scalable, multi-line service offerings in the waste and recycling sector.

GFL’s business model emphasizes organic growth, network densification and operational efficiencies, positioning it as a key consolidator in the fragmented North American waste management market. Its strategy includes tuck-in acquisitions to expand its footprint, extract cost synergies and enhance margins, while managing leverage and capital spending to support long-term value creation.

Average Trading Volume: 565,564

Technical Sentiment Signal: Hold

Current Market Cap: C$19.37B

For a thorough assessment of GFL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1