GFL Environmental posts strong Q3 results and lifts 2026 guidance while reviewing take‑private offers
GFL Environmental reported third‑quarter 2026 revenue of $2.15 billion, up 27.2% year over year, and adjusted EBITDA of $678.7 million, a 26.8% increase. The company said organic revenue rose 7.4% and its underlying adjusted EBITDA margin improved by more than 115 basis points. It raised full‑year 2026 revenue guidance to $8.05‑$8.07 billion and adjusted EBITDA guidance to $2.49‑$2.50 billion, and a special committee was formed to evaluate unsolicited take‑private proposals with a November 9 deadline.
Why it matters
The higher guidance suggests stronger earnings and cash flow potential for 2026, which could support the stock price and affect investors’ valuation models. The take‑private review indicates possible ownership change, adding strategic uncertainty for shareholders.
Key facts
- 1Q3 2026 revenue was $2,155.3 million, a 27.2% increase from the prior year. prnewswire.com
- 2Adjusted EBITDA for the quarter was $678.7 million, up 26.8% year over year. prnewswire.com
- 3Organic revenue grew 7.4% in the quarter. prnewswire.com
- 4Underlying adjusted EBITDA margin expanded by more than 115 basis points, excluding M&A and diesel price impacts. prnewswire.com
- 5Full‑year 2026 revenue guidance was raised to a range of $8,055 million‑$8,075 million. prnewswire.com
- 6Full‑year 2026 adjusted EBITDA guidance was raised to a range of $2,490 million‑$2,495 million. prnewswire.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.