GFL
GFL Environmental Inc.
GFL has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has a slight edge over GFL overall, supported by stronger fundamentals and stronger modeled upside.
GFL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Stable | |
| Weak |
GFL's revenue is currently healthy, and its cash flow is stable, but its profitability and balance sheet are under pressure.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
GFL PE Valuation
GFL has no meaningful PE right now: it lost money over the past year.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
GFL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for GFL, but weaker profitability. However, they disagree widely on these estimates.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over GFL on the outlook, with more favorable profitability expectations.
GFL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.73 | -111% |
| Q2 2026 | -$0.49 | -108% |
| Q1 2026 | $0.31 | -94% |
| Q4 2025 | $6.83 | +$8.33 |
| Q3 2025 | $6.42 | +$7.70 |
| Q2 2025 | $6.38 | +$7.78 |
| Q1 2025 | $4.97 | +$4.97 |
| Q4 2024 | -$1.50 | -$1.46 |
GFL has swung to a loss: it lost $0.73 per share over the past year, after a profit the year before.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
GFL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.5B | +24% |
| Q2 2026 | $1.4B | +16% |
| Q1 2026 | $1.2B | +5.4% |
| Q4 2025 | $1.2B | -15% |
| Q3 2025 | $1.2B | +9% |
| Q2 2025 | $1.2B | +5.9% |
| Q1 2025 | $1.1B | -13% |
| Q4 2024 | $1.4B | +5.5% |
GFL's revenue has picked up after three years of holding roughly level: $1.5B last quarter, up 24% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.9% | -2.6 points |
| Q2 2026 | 5.6% | -3 points |
| Q1 2026 | 2.1% | +2 points |
| Q4 2025 | 1.8% | -3.5 points |
| Q3 2025 | 9.5% | +3.5 points |
| Q2 2025 | 8.6% | +3.3 points |
| Q1 2025 | 0.1% | -1.1 points |
| Q4 2024 | 5.3% | +3.6 points |
GFL has the edge over RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over GFL on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
GFL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $88.6M | +24% |
| Q2 2026 | $85.7M | +613% |
| Q1 2026 | -$160.5M | -$61.3M |
| Q4 2025 | $138.5M | -21% |
| Q3 2025 | $71.4M | +54% |
| Q2 2025 | $12M | -62% |
| Q1 2025 | -$99.2M | -$84M |
| Q4 2024 | $174.4M | +46% |
GFL has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
GFL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6.7% | +24.3M shares |
| 1 year | +4.2% | +15.4M shares |
| 3 years | +4.4% | +16.1M shares |
| 5 years | +6.5% | +23.6M shares |
| Available history | +7% | +25.3M shares |
GFL has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $9.8M |
| Q1 2026 | $40.2M |
| Q4 2025 | $146.9M |
| Q3 2025 | $243.5M |
| Q2 2025 | $195.2M |
| Q1 2025 | $1.5B |
| Q4 2024 | — |
GFL spent $197M buying back its own shares over the past year, down 90% from the year before.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
GFL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.6x | High |
| Q2 2026 | 5.6x | High |
| Q1 2026 | 4.2x | High |
| Q4 2025 | 3.8x | Elevated |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 3.9x | Elevated |
| Q1 2025 | 6.6x | High |
| Q4 2024 | 9.7x | High |
GFL's net debt is about 6.6 years of its operating earnings (EBITDA), up from 4.2 years a year ago.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
GFL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.3 | Neutral |
| Stochastic | 70.0 | Neutral |
GFL's weekly RSI is 49 (neutral) and its Stochastic is 70 (neutral).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
GFL PE vs Industrials Sector
| Metric | GFL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
GFL has no meaningful PE right now: it lost money over the past year.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
GFL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $43.7 | 4.1% below |
| 20 week MA | $42.2 | 0.6% below |
| 50 week MA | $41.3 | 1.5% above |
| 100 week MA | $44.2 | 5.1% below |
| 200 week MA | $39.9 | 5.2% above |
GFL's trend is mixed: it's above two of its five weekly moving averages, and 5.2% above its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over GFL on trend strength, trading above more of its moving averages.
GFL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.0 | $28.2 | +66% |
| 2021 | $28.2 | $38.0 | +35% |
| 2022 | $38.0 | $28.2 | -26% |
| 2023 | $28.2 | $34.5 | +22% |
| 2024 | $34.5 | $44.6 | +29% |
| 2025 | $44.6 | $43.2 | -3% |
| 2026 YTD | $43.2 | $41.9 | -3% |
GFL has the edge over RKLB on returns for 2026, with the stronger performance.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.