GFL Environmental Joins the Russell 1000® and Russell 3000® Indices

Rhea-AI Summary

GFL Environmental (NYSE:GFL) has been added to the Russell 1000 and Russell 3000 indices, effective at the U.S. market open on June 29, 2026. This follows the 2026 Russell Index Reconstitution, which covers the 4,000 largest U.S. stocks by market cap.

GFL recently moved its executive headquarters to Florida to align with its expanding U.S. Southeast presence and to seek broader index inclusion. According to GFL, Russell inclusion increases access to global passive and active investors while maintaining eligibility for Canadian equity indices.

Positive

• Added to Russell 1000 and Russell 3000 indices effective June 29, 2026
• Headquarters move to Florida helped enable broader U.S. index inclusion
• Company cites access to a wider base of global passive and active investors
• Maintains eligibility for inclusion across Canadian equity indices
• Russell U.S. Indexes benchmark approximately US$12.2 trillion in assets as of June 2025

Negative

• None.

News Market Reaction – GFL

+1.42%

1 alert

+1.42% Session close to close

$13.39B Market Cap

1.2x Rel. Volume

In the Jun 25 session, GFL gained 1.42%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights GFL’s addition to the Russell 1000 and 3000, increasing visibility to i...

Analysis

This announcement highlights GFL’s addition to the Russell 1000 and 3000, increasing visibility to investors benchmarking about US$12.2 trillion in assets. Prior news has drawn modest, mostly positive moves; investors may watch how future index‑eligibility steps are executed.

Key Figures

Assets benchmarked: US$12.2 trillion Constituent universe: 4,000 stocks

2 metrics

Assets benchmarked US$12.2 trillion Assets benchmarked to Russell U.S. Indexes as of June 2025

Constituent universe 4,000 stocks Number of largest U.S. stocks captured in 2026 Russell reconstitution

Historical Context

5 past events · Latest: Jun 23 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 23	Debt offering pricing	Neutral	+2.9%	Pricing of US$750M senior notes due 2031 and leverage-neutral refinancing.
Jun 22	Debt offering plan	Neutral	-0.3%	Announcement of proposed US$750M senior notes to refinance revolver and fund growth.
Jun 03	RNG project expansion	Positive	+2.8%	Two new RNG facilities in Alabama and Georgia via 50/50 joint projects with OPAL.
May 13	Shareholder meeting	Neutral	+2.6%	All meeting items approved and directors elected with strong shareholder support.
Apr 29	Earnings and guidance	Positive	-0.6%	Q1 2026 beat on margins and raised full‑year revenue and EBITDA guidance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent GFL news has often been followed by modestly positive price reactions, though moves have remained relatively contained.

Key Terms

russell 1000 index, russell 3000 index, russell u.s. indexes, ftse russell

4 terms

russell 1000 index financial

"added as a member of the U.S. large-cap Russell 1000® Index and the broad-market"

A stock-market benchmark that tracks the performance of the 1,000 largest U.S. publicly traded companies by market value, representing the large-cap portion of the U.S. equity market. Think of it as a thermometer for big American companies: investors, mutual funds and ETFs compare returns to it and often build products that follow it, so its gains or losses influence many portfolios and signal broader market trends.

russell 3000 index financial

"large-cap Russell 1000® Index and the broad-market Russell 3000® Index, effective as"

A broad stock market index that tracks the performance of the roughly 3,000 largest publicly traded U.S. companies by total market value, representing almost the entire U.S. equity market. Investors use it like a big basket or thermometer: it provides a simple snapshot of overall U.S. stock market health, serves as a benchmark for funds and portfolios, and helps measure diversification, risk and returns over time.

russell u.s. indexes financial

"The Russell U.S. Indexes are extensively used by investment managers, pension funds"

A family of U.S. stock market benchmarks that groups publicly traded companies by size and tracks their combined performance. Think of them as league tables that sort companies into tiers (large, mid, small) and measure how each tier is doing; investors use these indexes to compare fund performance, build passive funds or ETFs, and gauge which part of the market is strengthening or weakening.

ftse russell financial

"FTSE Russell determines Russell Index membership based on objective, rules-based"

FTSE Russell is a global index provider that creates and maintains lists (indexes) showing how groups of stocks perform, similar to a scoreboard that ranks companies by size, sector and trading activity. Investors use these indexes as benchmarks and as the basis for investment products like index funds and ETFs, so when a stock is added or removed it can trigger buying or selling that affects its price and liquidity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

MIAMI BEACH, FL, June 25, 2026 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it has been added as a member of the U.S. large-cap Russell 1000^® Index and the broad-market Russell 3000^® Index, effective as at the opening of the U.S. equity markets on June 29, 2026. The inclusion comes as part of the 2026 Russell Index Reconstitution, which captures the 4,000 largest U.S. stocks ranked by total market capitalization.

Earlier this year, the Company relocated its executive headquarters to Florida to align with its expanding presence in the Southeastern region of the United States and to gain broader index inclusion. Today's announcement is a direct benefit of those actions.

"Our inclusion in the Russell 1000^® Index is a testament to the success of GFL's growth strategy," said Patrick Dovigi, Founder and Chief Executive Officer of GFL. "It unlocks immediate access to a significantly wider base of global passive and active investors, while preserving our eligibility for inclusion across Canadian equity indices."

Mr. Dovigi continued, "This milestone is an initial step in increasing our market visibility. We plan to implement additional strategic initiatives to further expand our index inclusion eligibility, which we believe will result in even broader inclusion across additional major North American indices".

The Russell U.S. Indexes are extensively used by investment managers, pension funds and exchange-traded funds as benchmarks for investment decisions and portfolio construction, with approximately US$12.2 trillion in assets benchmarked against them as of June 2025. FTSE Russell determines Russell Index membership based on objective, rules-based market-capitalization rankings and style attributes.

About GFL

GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 18 U.S. states. GFL has a workforce of more than 15,000 employees across its organization.

About FTSE Russell, an LSEG Business

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally.

Approximately US$21.20 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by LSEG.

For more information, visit FTSE Russell.

Forward Looking Statements

This release includes certain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking information"), within the meaning of applicable U.S. and Canadian securities laws, respectively. Forward-looking information includes all statements that do not relate solely to historical or current facts and may relate to our future outlook, financial guidance and anticipated events or results and may include statements regarding our financial performance, financial condition or results, business strategy, growth strategies, budgets, operations and services. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "budget", "scheduled", "estimates", "outlook", "forecasts", "projection", "prospects", "strategy", "intends", "anticipates", "does not anticipate", "believes", or "potential" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will", "will be taken", "occur" or "be achieved", although not all forward-looking information includes those words or phrases. In addition, any statements that refer to expectations, intentions, projections, guidance, potential or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts nor assurances of future performance but instead represent management's expectations, estimates and projections regarding future events or circumstances.

Forward-looking information is based on our opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such information is stated, is subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Important factors that could materially affect our forward-looking information can be found in the "Risk Factors" section of GFL's annual information form for the year ended December 31, 2025 and GFL's other periodic filings with the U.S. Securities and Exchange Commission and the securities commissions or similar regulatory authorities in Canada. Shareholders, potential investors and other readers are urged to consider these risks carefully in evaluating our forward-looking information and are cautioned not to place undue reliance on such information. There can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors not currently known to us or that we currently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The forward-looking information contained in this release represents our expectations as of the date of this release (or as the date it is otherwise stated to be made), and is subject to change after such date. However, we disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable U.S. or Canadian securities laws.

For more information:
Patrick Dovigi
+1 905-326-0101
pdovigi@gflenv.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/gfl-environmental-joins-the-russell-1000-and-russell-3000-indices-302810611.html

SOURCE GFL Environmental Inc.

FAQ

What indices will GFL Environmental (NYSE:GFL) join in June 2026?

GFL Environmental will join the Russell 1000 and Russell 3000 indices on June 29, 2026. According to GFL, this inclusion follows the 2026 Russell Index Reconstitution, which ranks the 4,000 largest U.S. stocks by total market capitalization.

When does GFL Environmental’s inclusion in the Russell 1000 and Russell 3000 become effective?

GFL Environmental’s inclusion in the Russell 1000 and Russell 3000 indices becomes effective at the U.S. equity market open on June 29, 2026. According to GFL, this timing aligns with the 2026 Russell Index Reconstitution changes.

Why did GFL Environmental move its executive headquarters to Florida?

GFL Environmental moved its executive headquarters to Florida to align with its expanding Southeastern U.S. presence and broaden index eligibility. According to GFL, today’s Russell 1000 and 3000 inclusion is described as a direct benefit of those relocation and strategic positioning actions.

How could Russell 1000 inclusion affect GFL Environmental’s investor base?

According to GFL, Russell 1000 inclusion unlocks immediate access to a significantly wider base of global passive and active investors. The company also notes that it preserves eligibility for Canadian equity indices while increasing its overall market visibility and index presence in North America.

What is the scale of assets benchmarked to the Russell U.S. Indexes relevant to GFL (GFL)?

Russell U.S. Indexes, including the Russell 1000 and Russell 3000, benchmark about US$12.2 trillion in assets as of June 2025. According to FTSE Russell criteria, membership is determined using objective, rules-based market-capitalization rankings and style attributes.

What future index-related plans did GFL Environmental mention with its Russell inclusion?

GFL Environmental described Russell inclusion as an initial step toward greater market visibility and index presence. According to GFL, it plans additional strategic initiatives to expand index eligibility, aiming for broader inclusion across other major North American equity indices over time.