Gfl environmental reports fourth quarter and full year 2024 results; provides full year 2025 guidance
Fourth quarter 2024 results and full year 2024 highlights fourth quarter revenue, adjusted ebitda1 and adjusted free cash flow1 all ahead of expectations fourth quarter adjusted ebitda margin1 expanded by 300 basis points for second consecutive quarter fourth quarter solid waste volumes improved sequentially by 310 basis points, ahead of expectations full year revenue of $7,862.0 million, increase of 8.8% excluding the impact of divestitures (4.6% including the impact of divestitures) full year adjusted ebitda1 of $2,250.5 million, increase of 12.3%; adjusted net income1 of $321.3 million; net loss of $737.7 million full year adjusted ebitda margin1 of 28.6%, 190 basis points increase over the prior year full year adjusted free cash flow1 of $820.3 million, increase of 17%; cash flow from operating activities of $1,540.2 million guidance for 20252 revenue is estimated to be approximately $8,425 million including contribution from environmental services ("es") (between $6,500 million and $6,550 million excluding contribution from es) adjusted ebitda2 is estimated to be approximately $2,500 million including contribution from es (between $1,925 million and $1,950 million excluding contribution from es) adjusted free cash flow2 is estimated to be between $950 million and $975 million including contribution from es (approximately $750 million excluding contribution from es) guidance does not include contribution from any incremental m&a vaughan, on , feb. 24, 2025 /prnewswire/ - gfl environmental inc. (nyse: gfl) (tsx: gfl) ("gfl", "we" or "our") today announced its results for the fourth quarter and full year 2024, as well as guidance for full year 2025. "our more than 20,000 employees delivered another year of results that exceeded our expectations," said patrick dovigi, founder and chief executive officer of gfl.
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