GFL Environmental Inc.
GFL Industrials Waste Management
GFL Environmental Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, down 17.5% from fiscal 2024.
- Revenue
- +25.3%
- EPS
- −130.0%
- Free cash flow
- +38.1%
- Total debt
- +56.4%
Quarter to September 2026, against a year earlier
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GFL Environmental Inc. (GFL) Debt to equity
GFL Environmental Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 1.0×, down 0.0× from fiscal 2025 (1.1×). Over the past ten years it has ranged from 1.1× (fiscal 2025) to 2.8× (fiscal 2019) — the current reading is the lowest in ten years. That is above the Waste Management industry median of 0.4× and above the Industrials sector median of 0.3×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.1× | (27.50%) |
| FY2024 | 1.5× | 16.21% |
| FY2023 | 1.2× | (21.36%) |
| FY2022 | 1.6× | 11.32% |
| FY2021 | 1.4× | 28.14% |
| FY2020 | 1.1× | (60.60%) |
| FY2019 | 2.8× | 43.40% |
| FY2018 | 2.0× | — |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.0× | (22.72%) |
| Jun 2026 | 1.3× | 1.45% |
| Mar 2026 | 1.3× | 25.11% |
| Dec 2025 | 1.1× | 6.22% |
| 25 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| ONT Onterris, Inc. compare | 0.0× |
| OIO ESGL Holdings Limited compare | 0.3× |
| NVRI Enviri Corporation compare | 0.6× |
| CWST Casella Waste Systems, Inc. compare | 0.9× |
| CLH Clean Harbors, Inc. compare | 0.9× |
| GFL GFL Environmental Inc. | 1.0× |
| RSG Republic Services, Inc. compare | 1.1× |
| WCN Waste Connections, Inc. compare | 1.2× |
| WM Waste Management, Inc. compare | 2.4× |
| Waste Management industry median | 0.4× |
| Industrials sector median | 0.3× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on GFL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement