Neutral
PRNewsWire
16 days ago
GFL Environmental Reports Fourth Quarter and Full Year 2025 Results; Provides Full Year 2026 Guidance
Fourth Quarter 2025 Results and Full Year 2025 Highlights Fourth quarter revenue, Adjusted EBITDA1 and Adjusted Free Cash Flow1 all ahead of expectations Fourth quarter Adjusted EBITDA margin1 of 30.2%, highest Q4 margin in Company's history, 110 basis points increase over the prior year period2 Full year revenue of $6,615.9 million , increase of 9.5% excluding the impact of divestitures3 (7.8% including the impact of divestitures) Full year Adjusted EBITDA1 of $1,985.0 million, increase of 12.8% 2 ; Adjusted Net Income from continuing operations1 of $283.9 million; Net income from continuing operations of $241.1 million Full year Adjusted EBITDA margin1 of 30.0%, first time in Company's history, 130 basis points increase over the prior year period2 Full year Adjusted Free Cash Flow1 of $755.9 million, increase of 23.6%; cash flow from operating activities of $1,316.0 million Completed acquisitions generating approximately $290 million in annualized revenue Completed $3.0 billion of share repurchases, representing over 10% of issued and outstanding subordinate voting shares Net Leverage1 of 3.4x, lowest year-end Net Leverage1 in Company's history Guidance for 20264 Revenue is estimated to be approximately $7,000 million, or $7,140 million on a constant currency basis, representing an increase of 8% Adjusted EBITDA4 is estimated to be approximately $2,140 million, or $2,185 million on a constant currency basis, representing an increase of 10% Adjusted Free Cash Flow4 is estimated to be approximately $835 million, or $860 million on a constant currency basis, representing an increase of 14% Guidance does not include contribution from any incremental M&A MIAMI BEACH, FL, Feb. 11, 2026 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL", "we", or "our", or the "Company") today announced its results for the fourth quarter and full year 2025, as well as guidance for the full year 2026. "Our more than 15,000 employees delivered another year of results that exceeded our expectations," said Patrick Dovigi, Founder and Chief Executive Officer of GFL.