GFL Environmental Inc.

GFLNYSEIndustrials● Active

$35.70

+$0.19(+0.52%)

Market Cap$12.4B

P/E Ratio—

52W High$51.51

52W Low$33.33

Avg Volume2.3M

Open$35.40

Beta0.50

Free Cash Flow Financials Revenue

GFL Environmental Inc. (GFL) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

GFL · free cash flow · updated Jun 8, 2026

Core FCF metrics

GFL · FCF · TTM · margin & CAGR

Free cash flow was $174.6M for FY2025 (fiscal year ending 2025-12-31), down 49.7% year-over-year The FCF margin was 2.6%. Five-year CAGR stands at +18.8%.

FY2025 Free Cash Flow$174.6M▼ -49.7% YoY

Trailing 12M (TTM)$87.4Mtrailing 4 quarters sum

FCF Margin2.6%$174.6M ÷ revenue

3-Year CAGR-18.0%FY2022 → FY2025

5-Year CAGR+18.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

GFL · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.32B(1.14B)$174.6M▼ 49.7%2.6%

FY2024$1.54B(1.19B)$347.2M▲ +564.8%5.7%

FY2023$980.4M(1.06B)−$74.7M▼ 123.6%-1.0%

FY2022$1.10B(780M)$316.2M▲ +26.1%4.7%

FY2021$897.9M(647M)$250.7M▲ +239.2%4.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

GFL · P/FCF · FCF yield · FCF per share

GFL Environmental Inc. (GFL) trades at a FCF yield of 0.52% and a price-to-free-cash-flow ratio of 148.7x. FCF per share stands at $0.24, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.52%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.24

TTM FCF ÷ Shares Outstanding

Price / FCF

x148.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x286.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

GFL · cash flow statement · operating / investing / financing

For FY2025, GFL Environmental Inc. generated $1.32B in operating cash flow and spent 1.14B in capital expenditures, yielding $174.6M in free cash flow.

Operating Activities

+$1.32B

Cash from core business operations

2025-12-31

Investing Activities

+$3.96B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$5.32B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.32B) − |CapEx| (1.14B) = FCF ($174.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

GFL vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

GFL Environmental Inc.YOU

GFL

$174.6M-49.7%2.6%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

GFL Environmental Inc. (GFL) reported free cash flow of $174.6M for FY2025 (fiscal year ending 2025-12-31), down 49.7% year-over-year. The FCF margin was 2.6%.

Based on available data, GFL Environmental Inc. has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $347.2M in FY2024. The 5-year CAGR stands at +18.8%.

GFL Environmental Inc.'s FCF yield is 0.52% and price-to-FCF ratio is 148.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

GFL free cash flow · 8 questions

GFL Environmental Inc. free cash flow was $174.6M for FY2025, down 49.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $87.4M.

GFL free cash flowGFL FCFGFL FCF 2025GFL free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · GFL Environmental Inc. · GFL Environmental Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026