GFL Environmental (GFL.TO) Financial Statements

Price: $65.56
Market Cap: $25.02B
Avg Volume: 337.23K
Country: CA
Industry: Waste Management
Sector: Industrials
Beta: 1.025
52W Range: $41.9-70.38
Website: GFL Environmental

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of GFL Environmental.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00-$300.00M-$300.00M-$600.00M-$600.00M201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016
Revenue $7.86B $7.52B $6.76B $5.53B $4.20B $3.35B $1.85B $1.33B $933.66M
Cost of Revenue $6.38B $6.25B $5.96B $5.00B $4.01B $3.07B $1.70B $1.15B $644.35M
Gross Profit $1.49B $1.27B $797.60M $527.60M $190.10M $273.75M $149.10M $188.00M $289.31M
Gross Profit Ratio 18.90% 16.89% 11.80% 9.55% 4.53% 8.18% 8.05% 14.10% 30.99%
Research and Development Expenses $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $508.40M $396.50M $- $157.09M $120.61M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $1.03B $866.00M $730.40M $591.90M $508.40M $396.50M $344.16M $157.09M $120.61M
Other Expenses $41.50M $- $- $-49.30M $-2.00M $-2.00M $- $17.40M $-2.00M
Operating Expenses $1.07B $866.00M $730.40M $591.90M $508.40M $396.50M $344.16M $157.09M $298.18M
Cost and Expenses $7.45B $7.13B $6.69B $5.59B $4.51B $3.47B $2.05B $1.30B $942.53M
Interest Income $-43.50M $- $440.90M $345.60M $408.50M $482.40M $262.00M $- $-
Interest Expense $572.70M $584.10M $489.30M $434.10M $597.60M $532.22M $- $212.68M $179.03M
Depreciation and Amortization $1.57B $1.49B $1.53B $1.39B $1.24B $799.46M $412.93M $239.07M $177.57M
EBITDA $1.20B $2.33B $1.63B $1.09B $303.80M $674.71M $158.31M $311.80M $154.93M
EBITDA Ratio 15.21% 30.97% 24.18% 19.71% 7.24% 20.16% 8.55% 23.39% 16.59%
Operating Income $415.00M $389.20M $87.90M $-64.30M $-320.30M $-124.75M $-195.06M $48.31M $-10.87M
Operating Income Ratio 5.28% 5.18% 1.30% -1.16% -7.63% -3.73% -10.53% 3.62% -1.16%
Total Other Income Expenses Net $-1.36B $-197.10M $-507.30M $-671.90M $-1.04B $-484.47M $-429.19M $-202.37M $-192.79M
Income Before Tax $-944.80M $192.10M $-359.30M $-712.80M $-1.36B $-609.22M $-624.25M $-139.96M $-201.66M
Income Before Tax Ratio -12.02% 2.56% -5.31% -12.90% -32.31% -18.20% -33.70% -10.50% -21.60%
Income Tax Expense $-207.10M $159.90M $-176.10M $-106.00M $-360.90M $-157.57M $-140.92M $-38.98M $-49.45M
Net Income $-722.70M $45.40M $-183.20M $-606.80M $-994.90M $-451.65M $-483.34M $-100.98M $-152.21M
Net Income Ratio -9.19% 0.60% -2.71% -10.98% -23.71% -13.49% -26.09% -7.58% -16.30%
EPS $-2.11 $-0.13 $-0.50 $-1.68 $-2.76 $-1.44 $-1.54 $-0.32 $-0.48
EPS Diluted $-2.11 $-0.13 $-0.50 $-1.68 $-2.76 $-1.44 $-1.54 $-0.31 $-0.48
Weighted Average Shares Outstanding 380.84M 369.66M 367.17M 361.57M 360.38M 314.05M 314.05M 314.05M 314.05M
Weighted Average Shares Outstanding Diluted 380.84M 369.66M 367.17M 361.57M 360.38M 314.05M 314.05M 326.42M 314.05M
SEC Filing Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$25.00B$25.00B$20.00B$20.00B$15.00B$15.00B$10.00B$10.00B$5.00B$5.00B$0.00$0.002018201820192019202020202021202120222022202320232024202420252025
Equity$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.002018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017
Cash and Cash Equivalents $133.80M $135.70M $82.10M $190.40M $27.20M $574.80M $7.45M $10.00K
Short Term Investments $- $- $- $- $- $- $- $-
Cash and Short Term Investments $133.80M $135.70M $82.10M $190.40M $27.20M $574.80M $7.45M $10.00K
Net Receivables $1.26B $1.13B $1.10B $1.13B $867.30M $648.80M $574.73M $318.64M
Inventory $107.70M $98.20M $84.20M $82.00M $57.40M $50.51M $42.39M $23.94M
Other Current Assets $193.00M $123.40M $112.00M $88.60M $76.30M $146.16M $56.58M $102.33M
Total Current Assets $1.70B $1.49B $1.38B $1.50B $1.03B $1.42B $681.15M $400.46M
Property Plant Equipment Net $7.85B $6.98B $6.54B $6.01B $5.07B $2.85B $2.44B $1.01B
Goodwill $8.07B $7.89B $8.18B $7.50B $6.50B $5.17B $4.98B $1.44B
Intangible Assets $2.83B $3.06B $3.25B $3.33B $3.09B $2.85B $2.94B $582.25M
Goodwill and Intangible Assets $10.90B $10.95B $11.43B $10.83B $9.59B $8.02B $7.92B $2.03B
Long Term Investments $344.40M $319.00M $326.60M $-760.30M $-722.80M $-324.61M $1.20M $-
Tax Assets $209.30M $64.80M $867.80M $760.30M $722.80M $324.61M $195.16M $-
Other Non-Current Assets $207.40M $875.60M $-777.60M $36.30M $33.20M $31.67M $-161.82M $11.42M
Total Non-Current Assets $19.51B $19.19B $18.38B $16.88B $14.70B $10.90B $10.39B $3.05B
Other Assets $- $- $- $- $- $- $- $-
Total Assets $21.21B $20.67B $19.77B $18.37B $15.73B $12.32B $11.07B $3.45B
Account Payables $812.30M $711.00M $656.70M $565.70M $413.10M $732.00M $606.24M $312.56M
Short Term Debt $1.22B $75.10M $94.20M $137.80M $114.10M $104.60M $53.66M $9.24M
Tax Payables $- $- $- $25.80M $9.10M $2.88M $3.85M $500.00K
Deferred Revenue $231.60M $207.80M $248.10M $198.70M $170.40M $- $- $13.61M
Other Current Liabilities $888.00M $816.50M $1.69B $594.40M $657.00M $25.60M $17.62M $3.40M
Total Current Liabilities $3.15B $1.81B $2.69B $1.52B $1.19B $865.09M $681.37M $339.32M
Long Term Debt $9.33B $9.21B $9.58B $8.27B $6.41B $7.73B $6.30B $2.45B
Deferred Revenue Non-Current $- $792.70M $- $859.50M $711.10M $224.97M $-6.33B $-2.24B
Deferred Tax Liabilities Non-Current $464.50M $534.00M $582.60M $723.90M $466.00M $733.79M $759.14M $114.39M
Other Non-Current Liabilities $1.04B $1.73B $1.46B $2.80B $1.74B $732.24M $139.11M $146.58M
Total Non-Current Liabilities $10.84B $11.48B $11.03B $11.08B $8.86B $8.69B $7.20B $2.60B
Other Liabilities $- $- $- $- $- $- $- $-
Total Liabilities $13.99B $13.29B $13.72B $12.60B $10.05B $9.56B $7.88B $2.94B
Preferred Stock $- $- $- $- $- $- $- $-
Common Stock $9.94B $9.84B $8.64B $8.46B $7.64B $3.52B $3.47B $879.54M
Retained Earnings $-3.57B $-2.82B $-2.84B $-2.51B $-1.78B $-770.32M $-318.66M $-381.67M
Accumulated Other Comprehensive Income Loss $462.60M $15.10M $130.30M $-253.70M $-241.50M $-2.73M $38.95M $-9.93M
Other Total Stockholders Equity $151.30M $149.50M $109.60M $77.40M $54.30M $16.44M $1.96M $21.06M
Total Stockholders Equity $6.98B $7.18B $6.04B $5.78B $5.68B $2.77B $3.19B $508.99M
Total Equity $7.22B $7.39B $6.04B $5.78B $5.68B $2.77B $3.19B $508.99M
Total Liabilities and Stockholders Equity $21.21B $20.67B $19.77B $18.37B $15.73B $12.32B $11.07B $3.45B
Minority Interest $243.30M $209.10M $6.90M $- $- $- $- $-
Total Liabilities and Total Equity $21.21B $20.67B $19.77B $18.37B $15.73B $12.32B $11.07B $3.45B
Total Investments $344.40M $319.00M $326.60M $-760.30M $-722.80M $-324.61M $1.20M $-
Total Debt $10.55B $9.29B $9.65B $8.29B $7.74B $7.82B $6.29B $2.46B
Net Debt $10.42B $9.15B $9.56B $8.10B $7.72B $7.24B $6.28B $2.46B

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$2.00B$2.00B$0.00$0.00-$2.00B-$2.00B-$4.00B-$4.00B-$6.00B-$6.00B-$8.00B-$8.00B201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.00-$2.00B-$2.00B201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016
Net Income $-737.70M $45.40M $-311.10M $-606.80M $-994.90M $-451.65M $-483.34M $-100.98M $-152.21M
Depreciation and Amortization $1.57B $1.49B $1.53B $1.39B $1.24B $799.46M $412.93M $239.07M $177.57M
Deferred Income Tax $-207.10M $-197.10M $-171.10M $-106.00M $-360.90M $-157.57M $-115.27M $-38.98M $-49.45M
Stock Based Compensation $104.70M $124.80M $55.10M $45.70M $37.90M $14.48M $20.80M $5.09M $3.07M
Change in Working Capital $-17.90M $31.00M $-85.50M $-46.10M $5.20M $-74.86M $-30.27M $-30.16M $6.54M
Accounts Receivables $-109.20M $57.70M $-221.00M $-138.00M $-77.70M $-57.33M $-38.52M $-78.92M $-12.59M
Inventory $- $- $221.00M $138.00M $- $57.33M $- $- $-
Accounts Payables $- $-3.40M $160.40M $114.30M $83.40M $13.28M $13.23M $44.82M $9.55M
Other Working Capital $91.30M $-23.30M $-245.90M $-160.40M $-500.00K $-88.14M $-4.99M $-74.98M $-3.00M
Other Non Cash Items $830.40M $-513.40M $83.40M $218.10M $577.30M $121.14M $1.03B $52.31M $95.37M
Net Cash Provided by Operating Activities $1.54B $980.40M $1.10B $897.90M $502.20M $251.00M $-34.23M $126.37M $80.89M
Investments in Property Plant and Equipment $-1.19B $-1.06B $-780.10M $-647.20M $-428.30M $-457.79M $-160.28M $-203.14M $-124.29M
Acquisitions Net $-563.50M $682.90M $-1.32B $-2.30B $-3.94B $-729.89M $-6.65B $-240.11M $-1.63B
Purchases of Investments $- $- $-47.60M $- $- $- $- $- $-
Sales Maturities of Investments $- $- $47.60M $- $- $- $- $3.86M $-
Other Investing Activities $72.10M $61.80M $364.10M $259.70M $16.00M $20.81M $15.20M $12.28M $4.17M
Net Cash Used for Investing Activities $-1.68B $-310.40M $-1.73B $-2.69B $-4.35B $-1.17B $-6.81B $-430.97M $-1.75B
Debt Repayment $224.60M $-533.80M $610.90M $1.66B $-1.58B $1.51B $3.49B $302.38M $1.13B
Common Stock Issued $- $- $- $372.50M $5.05B $- $3.21B $- $578.99M
Common Stock Repurchased $- $- $- $- $-800.00K $-5.80M $-5.10M $- $-
Dividends Paid $-28.20M $-25.00M $-20.70M $-17.90M $-13.10M $- $- $- $-
Other Financing Activities $-33.20M $-44.00M $-21.20M $-54.20M $-122.20M $-29.30M $31.50M $-11.20M $547.74M
Net Cash Used Provided by Financing Activities $163.20M $-602.80M $569.00M $1.96B $3.34B $1.48B $6.73B $291.18M $1.68B
Effect of Forex Changes on Cash $-20.90M $-13.60M $-39.40M $-12.20M $-34.60M $4.18M $14.10M $-1.07M $-
Net Change in Cash $-1.90M $53.60M $-108.30M $163.20M $-547.60M $567.35M $7.43M $-14.49M $14.50M
Cash at End of Period $133.80M $135.70M $82.10M $190.40M $27.20M $574.80M $7.45M $10.00K $14.50M
Cash at Beginning of Period $135.70M $82.10M $190.40M $27.20M $574.80M $7.45M $10.00K $14.50M $5.00K
Operating Cash Flow $1.54B $980.40M $1.10B $897.90M $502.20M $251.00M $-34.23M $126.37M $80.89M
Capital Expenditure $-1.19B $-1.06B $-780.10M $-647.20M $-428.30M $-457.79M $-160.28M $-203.14M $-124.29M
Free Cash Flow $347.20M $-74.70M $316.20M $250.70M $73.90M $-206.79M $-194.51M $-76.77M $-43.40M