GFL Environmental

GFL

Market cap $12.1B

I upgrade GFL Environmental to buy, driven by robust pricing power and margin expansion, independent of macro recovery. GFL posted Q1 2026 organic revenue growth of 4.6%, with pricing up 7% and consolidated adj. EBITDA margin expanded 180 bps to 29.1%. SECURE Waste Infrastructure acquisition offers potential upside to FY2026 guidance, with identified CAD25–75 million in synergies and strong volume visibility.

MIAMI BEACH, FL, May 13, 2026 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") announced the voting results from its annual and special meeting of shareholders held today virtually via live audio webcast. Shareholders of the Company voted in favour of all items of business, including the election of each of the director nominees as follows: Name of Nominee Votes FOR % Votes WITHHELD % (a)  Patrick Dovigi 386,962,772 94.37 % 23,082,651 5.63 % (b)  Dino Chiesa 290,459,529 70.84 % 119,585,894 29.16 % (c)  Violet Konkle 399,051,297 97.32 % 10,994,126 2.68 % (d)  Sandra Levy 292,568,479 71.35 % 117,476,944 28.65 % (e)  Jessica McDonald 292,565,354 71.35 % 117,480,069 28.65 % (f)  Arun Nayar 292,562,945 71.35 % 117,482,478 28.65 % (g)  Paolo Notarnicola 274,887,295 67.04 % 135,158,128 32.96 % (h)  Ven Poole 399,025,381 97.31 % 11,020,041 2.69 % Final voting results on all matters voted on at the meeting will be filed on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.

GFL Environmental Inc. (GFL:CA) Shareholder/Analyst Call Prepared Remarks Transcript

GFL Environmental Inc. (GFL:CA) Q1 2026 Earnings Call Transcript

GFL Environmental Inc. (GFL) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to a loss of $0.06 per share a year ago.

Revenue, Adjusted EBITDA1 and Adjusted Free Cash Flow1 all ahead of expectations Adjusted EBITDA margin1 of 29.1%, highest Q1 margin in Company's history and 180 basis points increase over the prior year period Price growth of 7.0%, accelerating sequentially by 60 basis points Adjusted EBITDA 1 of $478.5 million, increase of 12.3%; Adjusted Net Income from continuing operations 1 of $29.5 million; Net loss from continuing operations of $219.2 million Year-to-date completed acquisitions generating approximately $425.0 million to $450.0 million in annualized revenue Raised full year 2026 Adjusted EBITDA2 guidance by $90 million  to approximately $2,230 million MIAMI BEACH, FL., April 29, 2026 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL", "we", "our", or the "Company") today announced its results for the first quarter of 2026.

NB Private Equity Partners Announces Audited 2025 Results and 31 March 2026 monthly NAV St Peter Port, Guernsey, 27 April 2026 NB Private Equity Partners (NBPE), the $1.1bn FTSE 250 listed private equity investment company managed by Neuberger, today releases its 2025 Annual Financial Report and 31 March 2026 Monthly NAV Update. Audited Annual Results Highlights (31 December 2025) NAV per share of $27.94 (£20.77) 5.0% NAV TR in the 12 months, driven by an increase in private valuations and positive foreign exchange movements, partially offset by quoted holdings but with share buybacks further enhancing NAV per share Private portfolio value increased 3.9% in 2025 on a constant currency basis Strong portfolio company operating performance: LTM revenue and EBITDA growth of 9.1% and 9.7%, respectively, during 20251 $180 million of proceeds from realisations received during 2025; over 50% increase in distributions from co-investments Well-positioned to take advantage of investment opportunities - $302 million of cash and undrawn credit line available $0.94 per share of dividends paid during 2025; 5.1% yield on the share price $102 million returned to shareholders in 2025 by way of share buybacks and dividends, representing 8% of opening NAV As of 31 December 2025 2025 3 years 5 years 10 years NAV TR (USD)* Annualised 5.0% 9.0% 2.9% 46.0% 7.9% 168.1% 10.4% MSCI World TR (USD)* Annualised 21.6% 80.3% 21.7% 81.5% 12.7% 231.7% 12.7%           Share price TR (GBP)* Annualised 7.5% 16.3% 5.2% 73.3% 11.6% 243.4% 13.1% FTSE All-Share TR (GBP)* Annualised 24.0% 46.5% 13.6% 73.9% 11.7% 123.4% 8.4% * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown.

GFL Environmental (GFL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GFL Environmental has agreed to buy the specialized waste-management and energy-infrastructure company in a deal with an enterprise value around $4.62 billion.

Unique opportunity to acquire a leading waste management provider in Western Canada Immediately accretive, increasing Adjusted Free Cash Flow (1) per share by 12% to 15% Highly attractive financial profile, increasing Adjusted EBITDA margin (1) to 31.6% and Adjusted Free Cash Flow (1) conversion to between 40.5% and 42.5% on a pro forma basis Net Leverage (1) neutral acquisition providing GFL with enhanced scale and balance sheet flexibility Purchase price of $24.75 per SECURE common share delivers immediate value to SECURE shareholders Enhances potential for broader future equity index inclusion MIAMI BEACH, FL and CALGARY, AB, April 13, 2026 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL") and SECURE Waste Infrastructure Corp. ("SECURE") (TSX: SES) today announced that they have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which GFL has agreed to acquire all of the issued and outstanding common shares of SECURE for $24.75 per SECURE common share, representing an enterprise value of approximately $6.4 billion (the "Transaction"). The consideration for the Transaction will be satisfied through a combination of 80% in GFL subordinate voting shares and 20% in cash.