GFL vs. NOA
Compare and contrast key facts about GFL Environmental Inc. (GFL) and North American Construction Group Ltd (NOA).
Performance
GFL vs. NOA - Performance Comparison
Loading graphics...
GFL vs. NOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GFL GFL Environmental Inc. | -2.83% | -3.44% | 29.26% | 18.24% | -22.65% | 29.88% | 73.97% |
NOA North American Construction Group Ltd | -5.62% | -31.98% | 5.16% | 58.49% | -9.78% | 54.32% | 15.16% |
Fundamentals
GFL:
$15.32B
NOA:
$380.66M
GFL:
$10.26
NOA:
$1.09
GFL:
4.06
NOA:
12.36
GFL:
2.36
NOA:
0.33
GFL:
2.10
NOA:
0.83
GFL:
$6.62B
NOA:
$1.28B
GFL:
$1.37B
NOA:
$161.75M
GFL:
$2.07B
NOA:
$329.71M
Returns By Period
In the year-to-date period, GFL achieves a -2.83% return, which is significantly higher than NOA's -5.62% return.
GFL
- 1D
- 3.24%
- 1M
- -5.59%
- YTD
- -2.83%
- 6M
- -11.88%
- 1Y
- -13.53%
- 3Y*
- 6.75%
- 5Y*
- 3.48%
- 10Y*
- —
NOA
- 1D
- 3.37%
- 1M
- -18.69%
- YTD
- -5.62%
- 6M
- -3.91%
- 1Y
- -12.59%
- 3Y*
- -5.17%
- 5Y*
- 5.41%
- 10Y*
- 23.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GFL vs. NOA — Risk / Return Rank
GFL
NOA
GFL vs. NOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GFL Environmental Inc. (GFL) and North American Construction Group Ltd (NOA). 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.
| GFL | NOA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.53 | -0.24 | -0.29 |
Sortino ratioReturn per unit of downside risk | -0.65 | 0.03 | -0.69 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.01 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | -0.51 | -0.42 | -0.09 |
Martin ratioReturn relative to average drawdown | -1.09 | -0.80 | -0.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GFL | NOA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.53 | -0.24 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 0.13 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.00 | +0.49 |
Correlation
The correlation between GFL and NOA is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GFL vs. NOA - Dividend Comparison
GFL's dividend yield for the trailing twelve months is around 0.15%, less than NOA's 2.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFL GFL Environmental Inc. | 0.15% | 0.14% | 0.12% | 0.15% | 0.16% | 0.11% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOA North American Construction Group Ltd | 2.57% | 2.39% | 1.42% | 1.54% | 1.84% | 0.85% | 1.21% | 0.74% | 0.73% | 1.62% | 2.08% | 4.62% |
Drawdowns
GFL vs. NOA - Drawdown Comparison
The maximum GFL drawdown since its inception was -42.76%, smaller than the maximum NOA drawdown of -93.59%. Use the drawdown chart below to compare losses from any high point for GFL and NOA.
Loading graphics...
Drawdown Indicators
| GFL | NOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.76% | -93.59% | +50.83% |
Max Drawdown (1Y)Largest decline over 1 year | -24.39% | -32.31% | +7.92% |
Max Drawdown (5Y)Largest decline over 5 years | -42.76% | -50.67% | +7.91% |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.41% | — |
Current DrawdownCurrent decline from peak | -19.03% | -44.71% | +25.68% |
Average DrawdownAverage peak-to-trough decline | -14.03% | -55.82% | +41.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.52% | 17.04% | -5.52% |
Volatility
GFL vs. NOA - Volatility Comparison
The current volatility for GFL Environmental Inc. (GFL) is 8.47%, while North American Construction Group Ltd (NOA) has a volatility of 34.87%. This indicates that GFL experiences smaller price fluctuations and is considered to be less risky than NOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GFL | NOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.47% | 34.87% | -26.40% |
Volatility (6M)Calculated over the trailing 6-month period | 16.97% | 41.93% | -24.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.60% | 51.99% | -26.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.55% | 42.50% | -12.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.88% | 46.21% | -13.33% |
Financials
GFL vs. NOA - Financials Comparison
This section allows you to compare key financial metrics between GFL Environmental Inc. and North American Construction Group Ltd. 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
GFL vs. NOA - Profitability Comparison
GFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, GFL Environmental Inc. reported a gross profit of 337.60M and revenue of 1.69B. Therefore, the gross margin over that period was 20.0%.
NOA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, North American Construction Group Ltd reported a gross profit of 38.31M and revenue of 305.33M. Therefore, the gross margin over that period was 12.6%.
GFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, GFL Environmental Inc. reported an operating income of 82.90M and revenue of 1.69B, resulting in an operating margin of 4.9%.
NOA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, North American Construction Group Ltd reported an operating income of 21.21M and revenue of 305.33M, resulting in an operating margin of 7.0%.
GFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, GFL Environmental Inc. reported a net income of 33.90M and revenue of 1.69B, resulting in a net margin of 2.0%.
NOA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, North American Construction Group Ltd reported a net income of 124.90K and revenue of 305.33M, resulting in a net margin of 0.0%.