GFL Environmental Subordinate voting shares no par value (GFL) vs Waste Connections (WCN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
GFL Environmental Subordinate voting shares no par value (GFL) has outperformed Waste Connections (WCN) over the past year, losing 7.8% versus a loss of 10.9%. Over five years, WCN leads with a +19.3% price change compared with +8.2% for GFL. Waste Connections is the larger company by market cap ($38.92 billion vs $15.28 billion), about 2.5 times the size.
On valuation, Waste Connections trades at a lower forward P/E (24.9x vs 43.6x for GFL Environmental Subordinate voting shares no par value). Waste Connections offers the higher dividend yield (0.88% vs 0.20%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GFL | WCN |
|---|---|---|
| Share price | $42.33 | $154.69 |
| Market cap | $15.28B | $38.92B |
| 1-day change | +0.69% | -0.30% |
| YTD return | -1.44% | -11.79% |
| 1-year return | -7.82% | -10.94% |
| 5-year return | +8.21% | +19.27% |
| P/E ratio (TTM) | — | 37.36 |
| Forward P/E | 43.64 | 24.91 |
| EPS (TTM) | $-0.46 | $4.14 |
| Dividend yield | 0.20% | 0.88% |
| Annual dividend | $0.084 | $1.37 |
| Revenue (latest FY) | — | $9.47B |
| Revenue growth (YoY) | — | +6.14% |
| Net income (latest FY) | — | $1.08B |
| Gross margin | — | 42.37% |
| Operating margin | — | 18.06% |
| Net margin | — | 11.37% |
| 52-week high | $47.01 | $179.74 |
| 52-week low | $33.33 | $146.89 |
| Distance from 52-week high | -9.96% | -13.94% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +19.16% | +29.83% |
| Average volume | 2.64M | 1.25M |
| Shares outstanding | 349.08M | 251.57M |
| Employees | 15,500 | 24,214 |
| Sector | Utilities | Utilities |
| Industry | Environmental Services | Environmental Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Waste Connections is about 2.5 times larger than GFL Environmental Subordinate voting shares no par value by market value ($38.92B vs $15.28B).
About GFL Environmental Subordinate voting shares no par value
GFL stock →GFL Environmental Inc. provides non-hazardous solid waste management services in Canada and the United States.
Utilities · Environmental Services · 15,500 employees
About Waste Connections
WCN stock →Waste Connections, Inc. provides non-hazardous waste collection, transfer, and disposal services in the United States and Canada.
Utilities · Environmental Services · 24,214 employees
GFL vs WCN FAQ
Which is bigger, GFL Environmental Subordinate voting shares no par value or Waste Connections?
Waste Connections (WCN) is larger, with a market capitalization of $38.92B compared with $15.28B for GFL Environmental Subordinate voting shares no par value (GFL).
Which stock has performed better over the past year, GFL or WCN?
GFL returned -7.82% over the past 12 months, compared with -10.94% for WCN (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, GFL Environmental Subordinate voting shares no par value or Waste Connections?
Waste Connections has the higher yield at 0.88%, compared with 0.20% for GFL Environmental Subordinate voting shares no par value.
Are GFL Environmental Subordinate voting shares no par value and Waste Connections in the same industry?
Yes. Both are classified in the Environmental Services industry within the Utilities sector.