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GFL · NYSE · United States · Refuse Systems
In shortGFL Environmental Inc. is profitable, generates cash and carries moderate debt, with revenue growing (+7.8% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 58.0% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 53.7% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.58× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.02× | 55/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 19.9% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.34× | 5/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 18.9% | 41/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | -0.7% | 13/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CAD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 5,137 | 6,761 | 7,516 | 6,139 | 6,616 |
| Cost of revenue | 4,663 | 5,964 | 6,246 | 5,010 | 5,249 |
| Gross profit | 474 | 798 | 1,269 | 1,129 | 1,367 |
| Selling, general & admin | 563 | 730 | 974 | 865 | 967 |
| Interest expense | 324 | 427 | 533 | 564 | 456 |
| Pre-tax income | (736) | (359) | 192 | (1,124) | 227 |
| Income tax | (109) | (176) | 160 | (226) | (14) |
| Net income | (607) | (312) | 45 | (723) | 3,834 |
| Diluted EPS | −C$1.83 | −C$1.08 | −C$0.13 | −C$2.11 | C$9.99 |
| Diluted shares (millions) | 362 | 367 | 370 | 381 | 379 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Feb 18, 2026