GFL Environmental Inc. (GFL)

GFL Environmental Inc. (GFL) is a leading North American diversified environmental services company, headquartered in Vaughan, Ontario. Led by Founder and CEO Patrick Dovigi, GFL’s strategic mission is to "provide innovative, cost-effective environmental solutions that are safe and sustainable for the communities we serve." The company holds a dominant industry position as the fourth-largest environmental services firm in North America. GFL’s vision is to be the "Green Leader" in the waste management sector. By late 2025, GFL stock has hit record highs as the company successfully deleveraged its balance sheet and reached its goal of becoming "Free Cash Flow Positive" on a consistent basis.

The business operations of GFL are organized into Solid Waste Management, Liquid Waste Management, and Soil Remediation. In fiscal 2025, the company reported a massive increase in its Adjusted EBITDA margins, which reached 28.5% following the successful divestiture of several non-core assets. A primary growth driver is the "Renewable Natural Gas (RNG)" initiative, where GFL is converting landfill gas into usable energy, creating a high-margin secondary revenue stream. The 2026 strategic roadmap focuses on "Organic Growth and Integration," prioritizing the optimization of its massive 2023-2024 acquisitions. GFL holds a "Regulatory Moat," as its network of 100+ landfills and 150+ transfer stations are mission-critical assets that are increasingly difficult to permit. With a market cap exceeding $15 billion and a commitment to ESG-driven growth, GFL is the fastest-growing player in the North American "Circular Economy."