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Gfl Environmental Holdings Inc (GFL) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · WASTE MANAGEMENT · DATA UPDATED 2026-09-19

Gfl Environmental Holdings Inc (GFL) operates in the WASTE MANAGEMENT industry and is headquartered in Miami Beach, United States with about 15,500 employees. Its market capitalization is roughly $15 billion. In the fiscal year ended 2025-12-31, GFL reported C$6.6B in revenue and C$3.8B in net income.

GFL Environmental Inc. provides non-hazardous solid waste management services in Canada and the United States. It offers solid waste management services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, commercial, and industrial customers.

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GFL Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Total RevenueC$7.0BC$6.6BC$6.1BC$7.5BC$6.8BC$5.1BC$4.2BC$3.3BC$1.9BC$1.3BC$934M
Gross ProfitC$1.4BC$1.4BC$1.1BC$1.3BC$798MC$474MC$190MC$274MC$149MC$188MC$289M
Gross Margin %20.0%20.7%18.4%16.9%11.8%9.2%4.5%8.2%8.1%14.1%31.0%
Operating Income (EBIT)C$333MC$346MC$223MC$261MC$40M(C$103M)(C$320M)(C$32M)(C$195M)C$31M(C$9M)
Operating Margin %4.8%5.2%3.6%3.5%0.6%-2.0%-7.6%-0.9%-10.5%2.3%-0.9%
Net Income(C$228M)C$3.8B(C$723M)C$45M(C$312M)(C$607M)(C$1.1B)(C$452M)(C$483M)(C$101M)(C$152M)
Net Margin %-3.3%58.0%-11.8%0.6%-4.6%-11.8%-26.3%-13.5%-26.1%-7.6%-16.3%
EBITDAC$2.0BC$1.0BC$2.2BC$1.6BC$981MC$254MC$663MC$158MC$312MC$155M
Earnings Per Share (EPS)C$-0.67C$10.12C$-1.90C$0.12C$-0.85C$-1.68C$-3.10C$-2.50C$-1.54C$-0.31C$-0.48
Shares Outstanding (M)379M381M370M367M362M355M181M314M326M314M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GFL Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total RevenueC$1.9BC$1.6BC$1.7BC$1.7BC$1.7BC$1.6BC$2.0BC$1.6BC$1.6B
Gross ProfitC$386MC$300MC$338MC$370MC$372MC$288MC$380MC$297MC$291M
Gross Margin %19.8%18.2%20.0%21.9%22.2%18.4%19.1%19.1%18.4%
Operating Income (EBIT)C$108MC$34MC$30MC$161MC$144MC$1MC$105MC$94MC$84M
Operating Margin %5.5%2.1%1.8%9.5%8.6%0.1%5.3%6.0%5.3%
Net Income(C$160M)(C$216M)C$34MC$114MC$276MC$3.4B(C$189M)C$110M(C$471M)
Net Margin %-8.2%-13.1%2.0%6.8%16.5%218.6%-9.5%7.1%-29.8%
EBITDAC$214MC$492MC$590MC$724MC$263MC$233MC$602M(C$45M)
Earnings Per Share (EPS)C$-0.47C$-0.60C$0.09C$0.31C$0.72C$8.71C$-0.48C$0.29C$-1.25
Shares Outstanding (M)358M367M370M383M391M394M385M377M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GFL Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash from Operations (CFO)C$1.4BC$1.3BC$1.5BC$980MC$1.1BC$898MC$502MC$251M(C$34M)C$126MC$81M
Capital Expenditures (CapEx)C$1.2BC$1.1BC$1.2BC$1.1BC$780MC$647MC$428MC$458MC$160MC$203MC$124M
Free Cash Flow (FCF)C$201MC$175MC$347M(C$75M)C$316MC$251MC$74M(C$207M)(C$195M)(C$77M)(C$43M)
FCF Margin %2.9%2.6%5.7%-1.0%4.7%4.9%1.8%-6.2%-10.5%-5.8%-4.7%
Dividends PaidC$31MC$28MC$25MC$21MC$18MC$13MC$13MC$13MC$13M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GFL Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)C$417MC$159MC$445MC$391MC$306MC$174MC$565MC$347MC$263M
Capital Expenditures (CapEx)C$288MC$387MC$248MC$290MC$289MC$315MC$317MC$281MC$218M
Free Cash Flow (FCF)C$130M(C$228M)C$197MC$102MC$17M(C$141M)C$248MC$66MC$45M
FCF Margin %6.7%-13.9%11.7%6.0%1.0%-9.0%12.5%4.2%2.9%
Dividends PaidC$8MC$8MC$8MC$8MC$8MC$8MC$7MC$5M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GFL Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total AssetsC$21.5BC$19.3BC$21.2BC$19.9BC$19.8BC$18.4BC$15.7BC$12.3BC$11.1BC$3.4B
Cash & Cash EquivalentsC$192MC$86MC$134MC$136MC$82MC$190MC$27MC$575MC$7MC$0M
Total LiabilitiesC$14.0BC$11.8BC$14.0BC$12.5BC$13.7BC$12.6BC$10.2BC$9.6BC$7.9BC$2.9B
Total Debt (Short + Long-Term)C$10.1BC$7.5BC$10.1BC$8.9BC$9.3BC$9.3BC$7.6BC$7.7BC$6.3BC$2.5B
Total Shareholders' EquityC$7.4BC$7.3BC$7.0BC$7.2BC$6.0BC$5.8BC$5.6BC$2.8BC$3.2BC$509M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive GFL viewer.

GFL Metric Deep Dives

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