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Side-by-side financial comparison of GFL Environmental Inc. (GFL) and Henry Schein (HSIC). Click either name above to swap in a different company.

GFL Environmental Inc. is the larger business by last-quarter revenue ($4.9B vs $3.4B, roughly 1.4× Henry Schein). Henry Schein runs the higher net margin — 2.9% vs -13.9%, a 16.9% gap on every dollar of revenue.

GFL Environmental Inc. is an American-Canadian waste management company founded in Vaughan, Ontario, with headquarters in Miami Beach, Florida. Founded in 2007, GFL operates in all provinces in Canada and much of the United States, and currently employs more than 20,000 people. The company provides environmental services to municipal, residential, commercial, industrial and institutional customers.

Henry Schein, Inc. is an American distributor of health care products and services, with operations in 33 countries and territories. It is the world’s largest provider of health care solutions to office-based dental and medical practitioners. For 14 consecutive years, the company has been named as one of the World's Most Ethical Companies by Ethisphere, most recently in 2025.

GFL vs HSIC — Head-to-Head

Bigger by revenue
GFL
GFL
1.4× larger
GFL
$4.9B
$3.4B
HSIC
Higher net margin
HSIC
HSIC
16.9% more per $
HSIC
2.9%
-13.9%
GFL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GFL
GFL
HSIC
HSIC
Revenue
$4.9B
$3.4B
Net Profit
$-686.1M
$101.0M
Gross Margin
30.9%
Operating Margin
4.7%
Net Margin
-13.9%
2.9%
Revenue YoY
7.7%
Net Profit YoY
7.4%
EPS (diluted)
$0.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GFL
GFL
HSIC
HSIC
Q4 25
$3.4B
Q3 25
$4.9B
$3.3B
Q2 25
$3.2B
$3.2B
Q1 25
$1.6B
$3.2B
Q4 24
$3.2B
Q3 24
$5.9B
$3.2B
Q2 24
$3.9B
$3.1B
Q1 24
$1.8B
$3.2B
Net Profit
GFL
GFL
HSIC
HSIC
Q4 25
$101.0M
Q3 25
$-686.1M
$101.0M
Q2 25
$-727.7M
$86.0M
Q1 25
$-195.8M
$110.0M
Q4 24
$94.0M
Q3 24
$94.3M
$99.0M
Q2 24
$104.0M
Q1 24
$-217.8M
$93.0M
Gross Margin
GFL
GFL
HSIC
HSIC
Q4 25
30.9%
Q3 25
30.7%
Q2 25
31.4%
Q1 25
31.6%
Q4 24
31.1%
Q3 24
31.3%
Q2 24
32.5%
Q1 24
31.9%
Operating Margin
GFL
GFL
HSIC
HSIC
Q4 25
4.7%
Q3 25
4.9%
Q2 25
4.7%
Q1 25
5.5%
Q4 24
4.9%
Q3 24
4.9%
Q2 24
5.1%
Q1 24
4.7%
Net Margin
GFL
GFL
HSIC
HSIC
Q4 25
2.9%
Q3 25
-13.9%
3.0%
Q2 25
-22.5%
2.7%
Q1 25
-12.6%
3.5%
Q4 24
2.9%
Q3 24
1.6%
3.1%
Q2 24
3.3%
Q1 24
-12.1%
2.9%
EPS (diluted)
GFL
GFL
HSIC
HSIC
Q4 25
$0.85
Q3 25
$0.84
Q2 25
$0.70
Q1 25
$0.88
Q4 24
$0.75
Q3 24
$0.78
Q2 24
$0.80
Q1 24
$0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GFL
GFL
HSIC
HSIC
Cash + ST InvestmentsLiquidity on hand
$156.0M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$3.2B
Total Assets
$11.2B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFL
GFL
HSIC
HSIC
Q4 25
$156.0M
Q3 25
$136.0M
Q2 25
$145.0M
Q1 25
$127.0M
Q4 24
$122.0M
Q3 24
$126.0M
Q2 24
$138.0M
Q1 24
$159.0M
Total Debt
GFL
GFL
HSIC
HSIC
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$2.0B
Stockholders' Equity
GFL
GFL
HSIC
HSIC
Q4 25
$3.2B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
$3.3B
Q4 24
$3.4B
Q3 24
$3.5B
Q2 24
$3.5B
Q1 24
$3.6B
Total Assets
GFL
GFL
HSIC
HSIC
Q4 25
$11.2B
Q3 25
$11.1B
Q2 25
$10.9B
Q1 25
$10.5B
Q4 24
$10.2B
Q3 24
$10.6B
Q2 24
$10.3B
Q1 24
$10.1B
Debt / Equity
GFL
GFL
HSIC
HSIC
Q4 25
0.71×
Q3 25
0.64×
Q2 25
0.61×
Q1 25
0.59×
Q4 24
0.54×
Q3 24
0.54×
Q2 24
0.54×
Q1 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GFL
GFL
HSIC
HSIC
Operating Cash FlowLast quarter
$381.0M
Free Cash FlowOCF − Capex
$338.0M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
3.77×
TTM Free Cash FlowTrailing 4 quarters
$573.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFL
GFL
HSIC
HSIC
Q4 25
$381.0M
Q3 25
$174.0M
Q2 25
$120.0M
Q1 25
$37.0M
Q4 24
$204.0M
Q3 24
$151.0M
Q2 24
$296.0M
Q1 24
$197.0M
Free Cash Flow
GFL
GFL
HSIC
HSIC
Q4 25
$338.0M
Q3 25
$141.0M
Q2 25
$88.0M
Q1 25
$6.0M
Q4 24
$168.0M
Q3 24
$117.0M
Q2 24
$259.0M
Q1 24
$156.0M
FCF Margin
GFL
GFL
HSIC
HSIC
Q4 25
9.8%
Q3 25
4.2%
Q2 25
2.7%
Q1 25
0.2%
Q4 24
5.3%
Q3 24
3.7%
Q2 24
8.3%
Q1 24
4.9%
Capex Intensity
GFL
GFL
HSIC
HSIC
Q4 25
1.3%
Q3 25
1.0%
Q2 25
1.0%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.1%
Q2 24
1.2%
Q1 24
1.3%
Cash Conversion
GFL
GFL
HSIC
HSIC
Q4 25
3.77×
Q3 25
1.72×
Q2 25
1.40×
Q1 25
0.34×
Q4 24
2.17×
Q3 24
1.53×
Q2 24
2.85×
Q1 24
2.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GFL
GFL

Segment breakdown not available.

HSIC
HSIC

Global Dental Merchandise$1.2B35%
Global Medical$1.1B31%
Global Dental Equipment$536.0M16%
Global Specialty Products$422.0M12%
Global Technology$173.0M5%
Global Value Added Services$64.0M2%
Equity Method Investee$14.0M0%

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