GFL Environmental Inc. (GFL) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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GFL Revenue Growth
Revenue Breakdown (FY 2025)
GFL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
GFL Revenue Analysis (2017–2025)
As of May 8, 2026, GFL Environmental Inc. (GFL) generated trailing twelve-month (TTM) revenue of $6.70 billion, reflecting solid growth of +5.4% year-over-year. The most recent quarter (Q1 2026) recorded $1.64 billion in revenue, down 2.5% sequentially.
Looking at the longer-term picture, GFL's 5-year compound annual growth rate (CAGR) stands at +9.5%, indicating steady revenue expansion. The company achieved its highest annual revenue of $7.52 billion in 2023.
Revenue diversification analysis shows GFL's business is primarily driven by Collection (64%), Landfills (17%), and Transfer (13%). With over half of revenue concentrated in Collection, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including WM (+10.9% YoY), RSG (+3.2% YoY), and WCN (+6.3% YoY), GFL has underperformed the peer group in terms of revenue growth. Compare GFL vs WM →
GFL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GFLCurrent | $6.7B | +5.4% | +9.5% | 5.2% | |
 WM | $25.2B | +10.9% | +10.6% | 18.3% | |
 RSG | $16.6B | +3.2% | +10.3% | 20.0% | |
 WCN | $9.5B | +6.3% | +11.8% | 18.1% | |
 CWST | $1.8B | +14.9% | +18.9% | 4.9% | |
 CLH | $6.0B | +1.9% | +13.9% | 11.2% |
GFL Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.62B | +7.8% | $1.37B | 20.7% | $346.0M | 5.2% |
| 2024 | $6.14B | -18.3% | $1.13B | 18.4% | $222.8M | 3.6% |
| 2023 | $7.52B | +11.2% | $1.27B | 16.9% | $261.1M | 3.5% |
| 2022 | $6.76B | +31.6% | $797.6M | 11.8% | $39.9M | 0.6% |
| 2021 | $5.14B | +22.4% | $473.7M | 9.2% | $-103,400,000 | -2.0% |
| 2020 | $4.20B | +25.4% | $190.1M | 4.5% | $0 | - |
| 2019 | $3.35B | +80.7% | $273.8M | 8.2% | $-31,700,000 | -0.9% |
| 2018 | $1.85B | +39.0% | $149.1M | 8.0% | $-195,063,000 | -10.5% |
| 2017 | $1.33B | - | $188.0M | 14.1% | $30.9M | 2.3% |
Full GFL Stock Analysis
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Start ComparisonGFL — Frequently Asked Questions
Quick answers to the most common questions about buying GFL stock.
Is GFL's revenue growth accelerating or slowing?
GFL maintains +5.4% revenue growth, in line with its 5-year CAGR of +9.5%. TTM revenue stands at $6.7B. Growth rate remains consistent with historical average.
What is GFL's long-term revenue growth rate?
GFL Environmental Inc.'s 5-year revenue CAGR of +9.5% reflects the sustained expansion pattern. Current YoY growth of +5.4% is near this long-term average.
How is GFL's revenue distributed by segment?
GFL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.