Business StrategyThe stock outperformed on the increased likelihood of the sale of GFL's ES business, which will remove leverage concerns, enable share repurchases, and refocus the company on growth in solid waste.
Contracts And RevenueGFL announced new Extended Producer Responsibility contract awards in Ontario and Quebec, which will boost EBITDA gains to $130MM from $80-$100MM prior.
Market PerformanceShares are now undervalued, given the 2025 growth trajectory and valuation disconnect with peers.