GFL Environmental Reports Strong Q3 2026 Results Driven by SECURE Acquisition and Organic Growth
GFL Environmental (GFL) delivered robust third-quarter 2026 results, reporting revenue of $2.155 billion, a 27.2% increase year-over-year. This growth was fueled by a 7.4% acceleration in organic revenue and the initial integration of the SECURE acquisition, which contributed $150 million in revenue. Despite facing significant headwinds from diesel prices—which rose 60% compared to the prior year—the company achieved an adjusted EBITDA of $678.7 million, representing a 26.8% increase. Management raised its full-year revenue guidance for the third time this year, targeting between $8.055 billion and $8.075 billion. Looking further ahead, GFL provided an optimistic 2027 outlook with projected revenues of up to $9.8 billion and adjusted EBITDA exceeding $3.1 billion. The company is focused on deleveraging its net leverage from 3.8x toward the mid-3s range by the end of 2026.
Topics: EBITDA free_cash_flow guidance_raise M&A revenue growth