Free Trial
→ Get Your Bank Account “Fed Invasion” Ready with THESE 4 Simple Steps (From Weiss Ratings) (Ad) Buy GFL Stock  Free GFL Stock Alerts

GFL Environmental (GFL) Financials

GFL Environmental logo
$48.93 +0.68 (+1.41%)
As of 04/14/2025 03:58 PM Eastern
Compare
Annual Income Statements for GFL Environmental

Annual Income Statements for GFL Environmental

This table shows GFL Environmental's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 -348 -1,728 -475 -366 51 -502
Consolidated Net Income / (Loss)		 -351 -1,728 -475 -230 24 -512
Net Income / (Loss) Continuing Operations		 -351 -1,728 -473 -271 41 -513
Total Pre-Tax Income 		-469 -1,927 -576 -266 146 -656
Total Operating Income		 -506 -624 -223 242 612 14
Total Gross Profit		 211 149 371 584 979 1,063
Total Revenue		 2,579 3,289 4,020 4,991 5,710 5,491
Operating Revenue		 2,579 3,289 4,020 4,997 5,693 5,491
Total Cost of Revenue		 2,368 3,140 3,649 4,407 4,731 4,428
Operating Cost of Revenue		 2,368 3,140 3,649 4,407 4,731 4,428
Total Operating Expenses		 717 773 594 342 367 1,049
Selling, General & Admin Expense		 306 399 440 540 738 715
Other Operating Expenses / (Income)		 - 354 154 -201 -361 335
Total Other Income / (Expense), net		 38 -1,303 -353 -507 -449 -688
Interest Expense		 - 468 338 362 475 469
Other Income / (Expense), net		 38 -835 -14 -161 72 -220
Income Tax Expense		 -119 -199 -103 -130 121 -161
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - 0.00 0.52 -10.00 -10
Weighted Average Basic Shares Outstanding		 0.00 354.93M 375.06M 380.21M 407.93M 411.98M
Weighted Average Diluted Shares Outstanding		 0.00 354.93M 375.06M 380.21M 407.93M 411.98M
Weighted Average Basic & Diluted Shares Outstanding		 1.54M 354.93M 375.06M 380.21M 407.93M 411.98M

Quarterly Income Statements for GFL Environmental

No quarterly income statements for GFL Environmental are available.

Annual Cash Flow Statements for GFL Environmental

This table details how cash moves in and out of GFL Environmental's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents		 1,267 2,452 137 1,240 2,871 1,289
Net Cash From Operating Activities		 1,251 2,473 703 1,267 2,836 1,247
Net Cash From Continuing Operating Activities		 1,251 2,473 664 1,267 2,836 1,247
Net Income / (Loss) Continuing Operations		 0.00 0.00 -475 -230 24 -512
Consolidated Net Income / (Loss)		 - - -475 -230 24 -512
Depreciation Expense		 359 635 729 745 761 782
Amortization Expense		 257 335 - 382 368 306
Non-Cash Adjustments To Reconcile Net Income		 759 1,703 681 499 1,832 832
Changes in Operating Assets and Liabilities, net		 -124 -200 -271 -130 -149 -161
Net Cash From Investing Activities		 16 13 -2,103 17 47 43
Net Cash From Continuing Investing Activities		 16 13 -2,103 17 47 43
Sale of Property, Plant & Equipment		 16 13 203 17 47 43
Net Cash From Financing Activities		 0.00 -34 1,538 -43 -12 0.00
Net Cash From Continuing Financing Activities		 0.00 -34 1,598 -43 -12 0.00
Repayment of Debt		 0.00 -34 -1,666 -43 -12 0.00
Cash Interest Paid		 - 315 - 305 392 341

Quarterly Cash Flow Statements for GFL Environmental

No quarterly cash flow statements for GFL Environmental are available.

Annual Balance Sheets for GFL Environmental

This table presents GFL Environmental's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Total Assets		 9,498 12,331 14,398 14,608 15,058 14,727
Total Current Assets		 1,095 806 1,171 1,022 1,125 1,178
Cash & Equivalents		 443 21 149 61 103 93
Accounts Receivable		 550 680 888 826 818 816
Current Deferred & Refundable Income Taxes		 - - - 0.00 36 60
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 6,207 7,547 8,523 8,753 8,645 8,097
Long-Term Investments		 - - 0.00 241 242 239
Goodwill		 3,987 5,096 5,871 6,047 5,977 5,601
Intangible Assets		 2,195 2,425 2,606 2,398 2,315 1,968
Noncurrent Deferred & Refundable Income Taxes		 - - - 0.00 49 145
Other Noncurrent Operating Assets		 24 26 46 67 63 144
Total Liabilities & Shareholders' Equity		 9,498 12,331 14,398 14,608 15,058 14,727
Total Liabilities		 7,364 7,963 9,877 10,142 9,463 9,712
Total Current Liabilities		 667 935 1,192 1,989 1,371 2,188
Short-Term Debt		 50 3.61 13 13 7.35 796
Accounts Payable		 564 796 1,033 1,151 1,272 1,306
Other Current Liabilities		 26 29 40 38 45 48
Total Noncurrent Liabilities		 6,698 5,429 7,049 8,152 8,092 7,524
Long-Term Debt		 5,827 4,830 6,249 6,835 6,686 6,148
Capital Lease Obligations		 122 120 201 242 290 331
Noncurrent Deferred & Payable Income Tax Liabilities		 566 450 567 431 404 323
Other Noncurrent Operating Liabilities		 9.56 29 32 35 30 29
Total Equity & Noncontrolling Interests		 2,133 4,368 4,521 4,467 5,595 5,015
Total Preferred & Common Equity		 2,133 4,368 4,521 4,461 5,436 4,846
Total Common Equity		 2,133 4,368 4,521 4,461 5,436 4,846
Common Stock		 2,729 6,035 6,684 6,466 7,563 7,006
Retained Earnings		 -594 -1,478 -1,965 -2,101 -2,138 -2,482
Accumulated Other Comprehensive Income / (Loss)		 -2.08 -189 -199 96 11 321
Noncontrolling Interest		 - - 0.00 5.10 158 169

Quarterly Balance Sheets for GFL Environmental

No quarterly balance sheets for GFL Environmental are available.

Annual Metrics and Ratios for GFL Environmental

This table displays calculated financial ratios and metrics derived from GFL Environmental's official financial filings.

Metric 2019 2020 2021 2022 2023 2024
Growth Metrics		 - - - - - -
Revenue Growth		 0.00% 27.53% 22.22% 24.15% 14.41% -3.84%
EBITDA Growth		 0.00% -429.71% 200.66% 145.76% 50.04% -51.29%
EBIT Growth		 0.00% -211.68% 83.70% 133.98% 747.19% -130.08%
NOPAT Growth		 0.00% -23.33% 64.19% 208.22% -39.35% -90.57%
Net Income Growth		 0.00% -393.11% 72.52% 51.59% 110.61% -2,200.40%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 71.86% 0.00%
Operating Cash Flow Growth		 0.00% 97.66% -71.59% 80.27% 123.85% -56.04%
Free Cash Flow Firm Growth		 0.00% 0.00% 45.53% 121.47% 35.19% 75.07%
Invested Capital Growth		 0.00% 23.73% 11.63% -0.48% -2.29% -6.37%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - -
Gross Margin		 8.18% 4.53% 9.22% 11.70% 17.15% 19.36%
EBITDA Margin		 5.74% -14.85% 12.23% 24.20% 31.74% 16.08%
Operating Margin		 -19.60% -18.96% -5.55% 4.84% 10.72% 0.25%
EBIT Margin		 -18.14% -44.34% -5.91% 1.62% 11.98% -3.75%
Profit (Net Income) Margin		 -13.59% -52.54% -11.81% -4.61% 0.43% -9.33%
Tax Burden Percent		 74.66% 89.69% 82.42% 86.59% 16.76% 78.08%
Interest Burden Percent		 100.33% 132.12% 242.41% -328.73% 21.26% 318.76%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 83.24% 0.00%
Return on Invested Capital (ROIC)		 -6.33% -6.98% -2.14% 2.20% 1.35% 0.13%
ROIC Less NNEP Spread (ROIC-NNEP)		 -6.23% -50.01% -13.22% -10.24% -1.70% -26.46%
Return on Net Nonoperating Assets (RNNOA)		 -10.10% -46.19% -8.55% -7.31% -0.87% -9.79%
Return on Equity (ROE)		 -16.43% -53.17% -10.69% -5.12% 0.48% -9.66%
Cash Return on Invested Capital (CROIC)		 0.00% -28.20% -13.12% 2.68% 3.67% 6.71%
Operating Return on Assets (OROA)		 -4.93% -13.36% -1.78% 0.56% 4.61% -1.38%
Return on Assets (ROA)		 -3.69% -15.84% -3.55% -1.59% 0.16% -3.44%
Return on Common Equity (ROCE)		 -16.43% -53.17% -10.69% -5.11% 0.48% -9.36%
Return on Equity Simple (ROE_SIMPLE)		 -16.43% -39.57% -10.51% -5.15% 0.45% -10.57%
Net Operating Profit after Tax (NOPAT)		 -354 -437 -156 169 103 9.67
NOPAT Margin		 -13.72% -13.27% -3.89% 3.39% 1.80% 0.18%
Net Nonoperating Expense Percent (NNEP)		 -0.10% 43.03% 11.09% 12.44% 3.05% 26.59%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - 0.82% 0.08%
Cost of Revenue to Revenue		 91.82% 95.47% 90.78% 88.30% 82.85% 80.64%
SG&A Expenses to Revenue		 11.85% 12.12% 10.95% 10.81% 12.92% 13.02%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 27.78% 23.49% 14.78% 6.86% 6.43% 19.11%
Earnings before Interest and Taxes (EBIT)		 -468 -1,459 -238 81 684 -206
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 148 -488 492 1,208 1,813 883
Valuation Ratios		 - - - - - -
Price to Book Value (P/BV)		 0.67 0.50 2.96 2.45 2.41 3.75
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.55 0.66 3.33 2.19 2.29 3.31
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 254.65 0.00
Dividend Yield		 0.00% 0.10% 0.11% 0.16% 0.15% 0.12%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.39% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.25 1.03 2.55 2.31 2.65 3.60
Enterprise Value to Revenue (EV/Rev)		 2.71 2.16 4.90 3.55 3.48 4.60
Enterprise Value to EBITDA (EV/EBITDA)		 47.13 0.00 40.06 14.67 10.98 28.63
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 219.46 29.07 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 104.79 193.93 2,612.87
Enterprise Value to Operating Cash Flow (EV/OCF)		 5.58 2.87 28.02 13.99 7.02 20.28
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 85.99 71.39 51.81
Leverage & Solvency		 - - - - - -
Debt to Equity		 2.81 1.13 1.43 1.59 1.25 1.45
Long-Term Debt to Equity		 2.79 1.13 1.43 1.58 1.25 1.29
Financial Leverage		 1.62 0.92 0.65 0.71 0.51 0.37
Leverage Ratio		 4.45 3.36 3.01 3.23 2.95 2.81
Compound Leverage Factor		 4.47 4.44 7.29 -10.61 0.63 8.95
Debt to Total Capital		 73.77% 53.15% 58.85% 61.35% 55.52% 59.20%
Short-Term Debt to Total Capital		 0.61% 0.04% 0.12% 0.11% 0.06% 6.48%
Long-Term Debt to Total Capital		 73.16% 53.11% 58.72% 61.24% 55.46% 52.72%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.04% 1.26% 1.37%
Common Equity to Total Capital		 26.23% 46.85% 41.15% 38.61% 43.22% 39.43%
Debt to EBITDA		 40.50 -10.14 13.15 5.87 3.85 8.24
Net Debt to EBITDA		 37.51 -10.10 12.85 5.62 3.66 7.86
Long-Term Debt to EBITDA		 40.16 -10.14 13.12 5.86 3.85 7.34
Debt to NOPAT		 -16.95 -11.35 -41.36 41.91 68.08 752.10
Net Debt to NOPAT		 -15.70 -11.30 -40.40 40.13 64.72 717.77
Long-Term Debt to NOPAT		 -16.81 -11.34 -41.27 41.84 68.01 669.79
Altman Z-Score		 0.19 -0.14 0.84 0.73 1.14 1.13
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.06% 1.62% 3.09%
Liquidity Ratios		 - - - - - -
Current Ratio		 1.64 0.86 0.98 0.51 0.82 0.54
Quick Ratio		 1.49 0.75 0.87 0.45 0.67 0.42
Cash Flow Metrics		 - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -1,763 -960 206 279 488
Operating Cash Flow to CapEx		 0.00% 0.00% 231.72% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 -3.76 -2.84 0.57 0.59 1.04
Operating Cash Flow to Interest Expense		 0.00 5.28 2.08 3.50 5.97 2.66
Operating Cash Flow Less CapEx to Interest Expense		 0.00 5.31 1.18 3.55 6.07 2.75
Efficiency Ratios		 - - - - - -
Asset Turnover		 0.27 0.30 0.30 0.34 0.39 0.37
Accounts Receivable Turnover		 4.69 5.35 5.13 5.82 6.95 6.72
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 4.20 4.62 3.99 4.04 3.91 3.44
Days Sales Outstanding (DSO)		 77.80 68.22 71.18 62.68 52.55 54.31
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 86.94 79.01 91.43 90.44 93.46 106.23
Cash Conversion Cycle (CCC)		 -9.14 -10.79 -20.25 -27.76 -40.91 -51.92
Capital & Investment Metrics		 - - - - - -
Invested Capital		 5,589 6,916 7,720 7,683 7,507 7,029
Invested Capital Turnover		 0.46 0.53 0.55 0.65 0.75 0.76
Increase / (Decrease) in Invested Capital		 0.00 1,326 804 -37 -176 -478
Enterprise Value (EV)		 6,981 7,109 19,691 17,726 19,895 25,276
Market Capitalization		 1,425 2,176 13,376 10,933 13,097 18,163
Book Value per Share		 $1,383.95 $12.31 $12.74 $11.90 $14.30 $11.88
Tangible Book Value per Share		 ($2,626.95) ($8.88) ($11.15) ($10.62) ($7.51) ($6.67)
Total Capital		 8,132 9,322 10,985 11,556 12,579 12,291
Total Debt		 5,999 4,954 6,464 7,090 6,984 7,275
Total Long-Term Debt		 5,949 4,951 6,451 7,077 6,977 6,479
Net Debt		 5,556 4,933 6,315 6,788 6,640 6,943
Capital Expenditures (CapEx)		 -16 -13 303 -17 -47 -43
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 35 -147 -156 -1,015 -342 -307
Debt-free Net Working Capital (DFNWC)		 478 -126 -7.44 -954 -239 -214
Net Working Capital (NWC)		 428 -129 -21 -967 -246 -1,010
Net Nonoperating Expense (NNE)		 -3.44 1,292 319 399 78 522
Net Nonoperating Obligations (NNO)		 3,456 2,548 3,199 3,216 1,912 2,013
Total Depreciation and Amortization (D&A)		 616 970 729 1,127 1,128 1,089
Debt-free, Cash-free Net Working Capital to Revenue		 1.34% -4.47% -3.89% -20.33% -5.99% -5.59%
Debt-free Net Working Capital to Revenue		 18.51% -3.82% -0.18% -19.12% -4.19% -3.90%
Net Working Capital to Revenue		 16.59% -3.93% -0.52% -19.38% -4.32% -18.40%
Earnings Adjustments		 - - - - - -
Adjusted Basic Earnings per Share		 $0.00 ($2.80) ($1.83) $0.00 $34,388,729.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 0.00 354.93M 375.06M 380.21M 407.93M 411.98M
Adjusted Diluted Earnings per Share		 $0.00 ($2.80) ($1.83) $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 354.93M 375.06M 380.21M 407.93M 411.98M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($2.80) $0.00 $0.00 ($0.13) $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 354.93M 375.06M 380.21M 407.93M 411.98M
Normalized Net Operating Profit after Tax (NOPAT)		 -353 -422 -156 172 421 9.67
Normalized NOPAT Margin		 -13.70% -12.84% -3.89% 3.44% 7.38% 0.18%
Pre Tax Income Margin		 -18.20% -58.58% -14.33% -5.32% 2.55% -11.95%
Debt Service Ratios		 - - - - - -
EBIT to Interest Expense		 0.00 -3.11 -0.70 0.22 1.44 -0.44
NOPAT to Interest Expense		 0.00 -0.93 -0.46 0.47 0.22 0.02
EBIT Less CapEx to Interest Expense		 0.00 -3.09 -1.60 0.27 1.54 -0.35
NOPAT Less CapEx to Interest Expense		 0.00 -0.91 -1.36 0.51 0.31 0.11
Payout Ratios		 - - - - - -
Dividend Payout Ratio		 0.00% 0.00% -2.95% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% -2.95% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for GFL Environmental

No quarterly metrics and ratios for GFL Environmental are available.

Frequently Asked Questions About GFL Environmental's Financials

When does GFL Environmental's financial year end?

According to the most recent income statement we have on file, GFL Environmental's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has GFL Environmental's net income changed over the last 5 years?

GFL Environmental's net income appears to be on a downward trend, with a most recent value of -$512.29 million in 2024, rising from -$350.50 million in 2019. The previous period was $24.39 million in 2023.

What is GFL Environmental's operating income?
GFL Environmental's total operating income in 2024 was $13.82 million, based on the following breakdown:
  • Total Gross Profit: $1.06 billion
  • Total Operating Expenses: $1.05 billion
How has GFL Environmental revenue changed over the last 5 years?

Over the last 5 years, GFL Environmental's total revenue changed from $2.58 billion in 2019 to $5.49 billion in 2024, a change of 112.9%.

How much debt does GFL Environmental have?

GFL Environmental's total liabilities were at $9.71 billion at the end of 2024, a 2.6% increase from 2023, and a 31.9% increase since 2019.

How much cash does GFL Environmental have?

In the past 5 years, GFL Environmental's cash and equivalents has ranged from $21.32 million in 2020 to $442.98 million in 2019, and is currently $92.92 million as of their latest financial filing in 2024.

How has GFL Environmental's book value per share changed over the last 5 years?

Over the last 5 years, GFL Environmental's book value per share changed from 1,383.95 in 2019 to 11.88 in 2024, a change of -99.1%.

Remove Ads

Related Companies

This page (NYSE:GFL) was last updated on 4/15/2025 by MarketBeat.com Staff
From Our Partners
Get Your Bank Account “Fed Invasion” Ready with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank ac...
Weiss Ratings | Sponsored
Elon Musk Confirms: Tesla’s Optimus is Replacing Workers… and Heading to Mars
Elon Musk just confirmed Tesla’s robot will go to Mars. But on Earth, it may trigger a trillion-dollar tech sh...
InvestorPlace | Sponsored
Trump to redistribute trillions of dollars
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
Collect $7k per month from Tesla’s SECRET dividend
Tesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...
Investors Alley | Sponsored
DOGE tax surprise
Elon Musk's DOGE agents have some very strange plans for the IRS... Recently, it emerged that our tax auth...
Altimetry | Sponsored
Amazon Shocker
Jeff Bezos quietly backing world-changing tech (not AI) The Amazon founder is quietly advancing a radical t...
Stansberry Research | Sponsored
Caught on Camera: Elon Musk’s “Area 51”
You won’t believe what tech legend Jeff Brown found in what he calls Elon Musk’s “Area 51.” (Click here to see...
Brownstone Research | Sponsored
Three new patents reveal Elon and Trump’s secret “Project America”
Right now for a limited time… You can get Tim Bohen’s top 5 Trump stocks for 2025… For only ONE DOLLAR!...
Timothy Sykes | Sponsored