GEV vs. GFL
GEV (GE Vernova Inc.) and GFL (GFL Environmental Inc.) are both stocks. Both are in the Industrials sector — GEV in Specialty Industrial Machinery, GFL in Waste Management. Over the past year, GEV returned 92.97% vs -29.67% for GFL. At a 0.07 correlation, their price movements are largely independent.
Performance
GEV vs. GFL - Performance Comparison
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Returns By Period
In the year-to-date period, GEV achieves a 43.08% return, which is significantly higher than GFL's -18.68% return.
GEV
- 1D
- 0.03%
- 1M
- -10.22%
- YTD
- 43.08%
- 6M
- 50.36%
- 1Y
- 92.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GFL
- 1D
- -1.72%
- 1M
- -5.01%
- YTD
- -18.68%
- 6M
- -21.93%
- 1Y
- -29.67%
- 3Y*
- -2.02%
- 5Y*
- 1.78%
- 10Y*
- —
GEV vs. GFL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GEV GE Vernova Inc. | 43.08% | 99.02% | 186.24% |
GFL GFL Environmental Inc. | -18.68% | -3.44% | 32.28% |
Correlation
The correlation between GEV and GFL is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.07 |
Fundamentals
GEV:
$254.01B
GFL:
$12.51B
GEV:
$34.12
GFL:
$0.57
GEV:
27.37
GFL:
61.76
GEV:
6.52
GFL:
1.92
GEV:
18.25
GFL:
1.71
GEV:
$39.38B
GFL:
$6.70B
GEV:
$7.85B
GFL:
$1.38B
GEV:
$3.32B
GFL:
$2.14B
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Return for Risk
GEV vs. GFL — Risk / Return Rank
GEV
GFL
GEV vs. GFL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) and GFL Environmental Inc. (GFL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GEV | GFL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.09 | ||
| Sortino ratioReturn per unit of downside risk | +4.38 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.80 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 4.98 | -0.87 | +5.85 |
| Martin ratioReturn relative to average drawdown | 11.85 | -1.94 | +13.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GEV | GFL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | -1.17 | +3.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.77 | 0.38 | +2.39 |
Drawdowns
GEV vs. GFL - Drawdown Comparison
The maximum GEV drawdown since its inception was -38.29%, smaller than the maximum GFL drawdown of -42.76%. Use the drawdown chart below to compare losses from any high point for GEV and GFL.
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Drawdown Indicators
| GEV | GFL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.29% | -42.76% | +4.47% |
Max Drawdown (1Y)Largest decline over 1 year | -18.78% | -34.20% | +15.42% |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.76% | — |
Current DrawdownCurrent decline from peak | -18.76% | -32.24% | +13.48% |
Average DrawdownAverage peak-to-trough decline | -6.90% | -14.37% | +7.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.88% | 15.34% | -7.46% |
Volatility
GEV vs. GFL - Volatility Comparison
GE Vernova Inc. (GEV) has a higher volatility of 10.55% compared to GFL Environmental Inc. (GFL) at 7.69%. This indicates that GEV's price experiences larger fluctuations and is considered to be riskier than GFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GEV | GFL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.55% | 7.69% | +2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 36.38% | 21.41% | +14.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.74% | 25.46% | +23.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.76% | 29.80% | +22.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.76% | 32.96% | +19.80% |
Dividends
GEV vs. GFL - Dividend Comparison
GEV's dividend yield for the trailing twelve months is around 0.16%, less than GFL's 0.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
GEV GE Vernova Inc. | 0.16% | 0.11% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% |
GFL GFL Environmental Inc. | 0.18% | 0.14% | 0.12% | 0.15% | 0.16% | 0.11% | 0.10% |
Financials
GEV vs. GFL - Financials Comparison
This section allows you to compare key financial metrics between GE Vernova Inc. and GFL Environmental Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GEV vs. GFL - Profitability Comparison
GEV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a gross profit of 1.78B and revenue of 9.34B. Therefore, the gross margin over that period was 19.1%.
GFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GFL Environmental Inc. reported a gross profit of 300.57M and revenue of 1.65B. Therefore, the gross margin over that period was 18.2%.
GEV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported an operating income of 179.00M and revenue of 9.34B, resulting in an operating margin of 1.9%.
GFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GFL Environmental Inc. reported an operating income of 34.09M and revenue of 1.65B, resulting in an operating margin of 2.1%.
GEV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a net income of 4.75B and revenue of 9.34B, resulting in a net margin of 50.8%.
GFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GFL Environmental Inc. reported a net income of -216.26M and revenue of 1.65B, resulting in a net margin of -13.1%.
Frequently Asked Questions
GEV and GFL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEV has higher volatility (10.55%) compared to GFL (7.69%). In terms of maximum drawdown, GEV dropped -38.29% vs GFL's -42.76%.
GEV currently has the higher Sharpe Ratio (1.92 vs -1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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