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

46.07 0.78 +1.72%
Market cap
$20.1B
P/E
0.0×
Fwd P/E
−63.7×
Dividend yield
0.14%
F-score
7/9
Altman Z
1.53
Beneish M
−3.04
Dividend safety
60/100

GFL Environmental Inc. (GFL) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, GFL Environmental Inc. (GFL) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 0.0× (March 2020) to 3.5× (March 2025); the current reading is higher than 25% of that period. That is above the Waste Management industry median of 1.2× and in line with the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.9× (10.58%)
FY2024 3.2× 40.82%
FY2023 2.3× (1.43%)
FY2022 2.3× (21.91%)
FY2021 3.0× 19.71%
FY2020 2.5× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.9× (22.28%)
Jun 2026 2.4× (11.24%)
Mar 2026 2.7× (4.45%)
Dec 2025 2.9× (4.94%)
25 more quarters

Against its own ten years

Low 0.0× High 3.5×
Ten-year median 2.5×
Current reading's percentile 18

P/B ratio against peers

Company P/B ratio
OIO ESGL Holdings Limited compare 0.1×
NVRI Enviri Corporation compare 0.9×
ONT Onterris, Inc. compare 1.5×
GFL GFL Environmental Inc. 2.1×
CWST Casella Waste Systems, Inc. compare 4.0×
CLH Clean Harbors, Inc. compare 4.7×
WCN Waste Connections, Inc. compare 6.1×
RSG Republic Services, Inc. compare 6.2×
WM Waste Management, Inc. compare 9.7×
Waste Management industry median 1.2×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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