GFL Environmental (GFL) Misses Q4 EPS, Revenue Beats

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GFL Environmental Reports Fourth Quarter and Full Year 2022 Results; Provides Full Year 2023 Guidance

February 21, 2023 4:59 PM EST

Fourth Quarter 2022 Results

Organic revenue growth of 13.7%1 results in revenue of $1,821.2 million, increase of 26.5%1Solid Waste price of 9.9% and surcharges of 1.6%, highest in company historyAdjusted EBITDA2 of $439.8 million, increase of 17.0%1; Net loss from continuing operations of $219.1 million; Adjusted Net Loss from continuing operations2 of $7.9 million

Full Year 2022 Highlights

Organic revenue growth of 13.6%1 results in revenue of $6,761.3 million, increase of 31.6%1Adjusted EBITDA2 of $1,720.8 million, increase of 22.0%1; Net loss from continuing operations of $183.2 million; Adjusted Net Income from continuing operations2 of $178.1... More