GFL Environmental Inc. Subordin GFL

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
59/100
Moderate

About GFL Environmental Inc. Subordin

GFL Environmental Inc. provides non-hazardous solid waste management services in Canada and the United States. It offers solid waste management services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, commercial, and industrial customers. The company was incorporated in 2007 and is headquartered in Miami Beach, Florida. Full GFL analysis →

Competitive advantage assessment

Key strengths

  • Cost Leadership Position Operating margin at 76.5th percentile with strong OpEx control demonstrates cost leadership.
  • Cash Generation Consistent Cash generation is consistent (score 0.71), indicating reliable business model.

Key risks

  • Liquidity Concerns Liquidity is concerning (score 0.18), raising questions about short-term obligations.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
58

Where GFL ranks in Waste Management

GFL Environmental Inc. Subordin ranks #7 of 19 scored companies in Waste Management by moat score — the top 37%. The widest moat in the group is Republic Services, Inc. (RSG) at 88/100.

Moat scores for companies ranked near GFL in Waste Management
# Company Moat score Rating
3 Waste Connections, Inc. WCN 79/100 Strong
4 Clean Harbors, Inc. CLH 77/100 Strong
5 Casella Waste Systems, Inc. CWST 62/100 Moderate
6 Avalon Holdings Corporation AWX 61/100 Moderate
7 GFL Environmental Inc. Subordin GFL 59/100 Moderate
8 Montrose Environmental Group, I MEG 52/100 Moderate
9 Quest Resource Holding Corporat QRHC 46/100 Developing
10 Enviri Corporation NVRI 37/100 Developing
11 Decent Holding Inc. DXST 36/100 Developing

See every General Corporate company ranked by moat score →

How GFL scores on the Corporate Default defenses

Pricing Power

Score 58 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 68 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 67 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 45 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 42 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 77 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding GFL's moat

What is GFL Environmental Inc. Subordin's moat score?

GFL Environmental Inc. Subordin (GFL) scores 59 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #7 of 19 scored companies in Waste Management, the top 37%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 18 companies in Waste Management. Its strongest defense is Scale & Market Position (77/100) and its weakest is Resilience (42/100).

How does GFL Environmental Inc. Subordin compare with other Waste Management companies?

GFL Environmental Inc. Subordin ranks #7 of 19 scored companies in Waste Management by moat score. The widest moat in Waste Management is Republic Services, Inc. (RSG) at 88/100. The companies ranked closest are Avalon Holdings Corporation (AWX) at 61 just above it and Montrose Environmental Group, I (MEG) at 52 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 18 companies in Waste Management. The defenses are then weighted to produce the overall score out of 100.

Why is GFL Environmental Inc. Subordin scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for GFL Environmental Inc. Subordin?

The Corporate Default template measures 6 defenses, and GFL scores: Pricing Power (58), Cost Advantage (68), Customer Stickiness (67), Capital Efficiency (45), Resilience (42), Scale & Market Position (77). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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