vs

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

GFL Environmental Inc. is the larger business by last-quarter revenue ($4.9B vs $2.7B, roughly 1.8× Motorola Solutions). Motorola Solutions runs the higher net margin — 13.5% vs -13.9%, a 27.4% 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.

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc.

GFL vs MSI — Head-to-Head

Bigger by revenue
GFL
GFL
1.8× larger
GFL
$4.9B
$2.7B
MSI
Higher net margin
MSI
MSI
27.4% more per $
MSI
13.5%
-13.9%
GFL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
GFL
GFL
MSI
MSI
Revenue
$4.9B
$2.7B
Net Profit
$-686.1M
$366.0M
Gross Margin
Operating Margin
19.3%
Net Margin
-13.9%
13.5%
Revenue YoY
7.4%
Net Profit YoY
-14.9%
EPS (diluted)
$2.18

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
MSI
MSI
Q1 26
$2.7B
Q4 25
$3.4B
Q3 25
$4.9B
$3.0B
Q2 25
$3.2B
$2.8B
Q1 25
$1.6B
$2.5B
Q4 24
$3.0B
Q3 24
$5.9B
$2.8B
Q2 24
$3.9B
$2.6B
Net Profit
GFL
GFL
MSI
MSI
Q1 26
$366.0M
Q4 25
$649.0M
Q3 25
$-686.1M
$562.0M
Q2 25
$-727.7M
$513.0M
Q1 25
$-195.8M
$430.0M
Q4 24
$611.0M
Q3 24
$94.3M
$562.0M
Q2 24
$443.0M
Gross Margin
GFL
GFL
MSI
MSI
Q1 26
Q4 25
52.3%
Q3 25
51.6%
Q2 25
51.1%
Q1 25
51.4%
Q4 24
51.4%
Q3 24
51.4%
Q2 24
51.0%
Operating Margin
GFL
GFL
MSI
MSI
Q1 26
19.3%
Q4 25
27.9%
Q3 25
25.6%
Q2 25
25.0%
Q1 25
23.0%
Q4 24
27.0%
Q3 24
25.5%
Q2 24
24.5%
Net Margin
GFL
GFL
MSI
MSI
Q1 26
13.5%
Q4 25
19.2%
Q3 25
-13.9%
18.7%
Q2 25
-22.5%
18.6%
Q1 25
-12.6%
17.0%
Q4 24
20.3%
Q3 24
1.6%
20.1%
Q2 24
16.9%
EPS (diluted)
GFL
GFL
MSI
MSI
Q1 26
$2.18
Q4 25
$3.85
Q3 25
$3.33
Q2 25
$3.04
Q1 25
$2.53
Q4 24
$3.57
Q3 24
$3.29
Q2 24
$2.60

Balance Sheet & Financial Strength

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

Metric
GFL
GFL
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$886.0M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
Total Assets
$19.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFL
GFL
MSI
MSI
Q1 26
$886.0M
Q4 25
$1.2B
Q3 25
$894.0M
Q2 25
$3.2B
Q1 25
$1.6B
Q4 24
$2.1B
Q3 24
$1.4B
Q2 24
$1.4B
Total Debt
GFL
GFL
MSI
MSI
Q1 26
$9.0B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
GFL
GFL
MSI
MSI
Q1 26
Q4 25
$2.4B
Q3 25
$2.3B
Q2 25
$2.0B
Q1 25
$1.6B
Q4 24
$1.7B
Q3 24
$1.3B
Q2 24
$802.0M
Total Assets
GFL
GFL
MSI
MSI
Q1 26
$19.1B
Q4 25
$19.4B
Q3 25
$18.8B
Q2 25
$16.4B
Q1 25
$14.4B
Q4 24
$14.6B
Q3 24
$13.9B
Q2 24
$13.3B

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
MSI
MSI
Operating Cash FlowLast quarter
$451.0M
Free Cash FlowOCF − Capex
$389.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
1.23×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFL
GFL
MSI
MSI
Q1 26
$451.0M
Q4 25
$1.3B
Q3 25
$798.0M
Q2 25
$273.0M
Q1 25
$510.0M
Q4 24
$1.1B
Q3 24
$759.0M
Q2 24
$180.0M
Free Cash Flow
GFL
GFL
MSI
MSI
Q1 26
$389.0M
Q4 25
$1.1B
Q3 25
$732.0M
Q2 25
$225.0M
Q1 25
$473.0M
Q4 24
$984.0M
Q3 24
$702.0M
Q2 24
$112.0M
FCF Margin
GFL
GFL
MSI
MSI
Q1 26
14.3%
Q4 25
33.8%
Q3 25
24.3%
Q2 25
8.1%
Q1 25
18.7%
Q4 24
32.7%
Q3 24
25.2%
Q2 24
4.3%
Capex Intensity
GFL
GFL
MSI
MSI
Q1 26
2.3%
Q4 25
3.4%
Q3 25
2.2%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
2.9%
Q3 24
2.0%
Q2 24
2.6%
Cash Conversion
GFL
GFL
MSI
MSI
Q1 26
1.23×
Q4 25
1.94×
Q3 25
1.42×
Q2 25
0.53×
Q1 25
1.19×
Q4 24
1.75×
Q3 24
1.35×
Q2 24
0.41×

Financial Flow Comparison

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

Related Comparisons