GFL Environmental Inc vs Republic Services Inc

We do not publish a verdict for GFL Environmental Inc (GFL) and Republic Services Inc (RSG) is slightly overvalued.

We publish an intrinsic value for RSG but not for GFL, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

GFL Environmental Inc (GFL)

We do not publish a value for this company: its projected cash flows are negative in every year, including the terminal one.

Leak Score 0/100 on 1 of 12 signals

Republic Services Inc (RSG)

Discounting its cash flows at 7.5% (average of 3 methods) values the shares at $193.14; the price of $213.88 is 11% above that value, and 82% of that value comes from beyond year five.

Leak Score 58/100 on 10 of 12 signals

MetricGFLRSG
VerdictNot valuedSlightly overvalued
Price$42.34$213.88
Intrinsic value$193.14
Margin of safety-11%
Leak Score0/100 (1/12)58/100 (10/12)
Market cap$18.5B$65.5B
Revenue growth, 5 years8.6%10.3%
Operating margin5.6%20.0%
Net margin-2.9%12.9%
Return on equity-2.4%18.1%
Debt to equity1.381.19
P/E30.3x
Forward P/E51.5x26.5x
P/B3.0x5.4x
Dividend yield0.1%1.2%

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