Financial Snapshot

Revenue
$7.634B
TTM
Gross Margin
17.87%
TTM
Net Earnings
-$766.8M
TTM
Current Assets
$1.610B
Q2 2024
Current Liabilities
$1.810B
Q2 2024
Current Ratio
88.92%
Q2 2024
Total Assets
$20.28B
Q2 2024
Total Liabilities
$13.53B
Q2 2024
Book Value
$6.744B
Q2 2024
Cash
P/E
-26.53
Nov 29, 2024 EST
Free Cash Flow
$58.70M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $7.516B $6.761B $5.526B $4.196B $3.347B $1.853B $1.333B $933.7M
YoY Change 11.15% 22.37% 31.68% 25.38% 80.66% 38.97% 42.78%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $7.516B $6.761B $5.526B $4.196B $3.347B $1.853B $1.333B $933.7M
Cost Of Revenue $6.246B $5.964B $4.998B $4.006B $3.037B $1.682B $1.134B $818.4M
Gross Profit $1.269B $797.6M $527.6M $190.1M $310.2M $170.8M $198.7M $115.3M
Gross Profit Margin 16.89% 11.8% 9.55% 4.53% 9.27% 9.22% 14.91% 12.35%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $944.4M $701.3M $562.0M $482.9M $307.9M $188.7M $129.4M $120.6M
YoY Change 34.66% 24.79% 16.38% 56.84% 63.17% 45.83% 7.3%
% of Gross Profit 74.4% 87.93% 106.52% 254.02% 99.26% 110.48% 65.12% 104.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.485B $1.518B $1.338B $1.238B $799.4M $412.9M $239.1M $177.6M
YoY Change -2.13% 13.42% 8.12% 54.82% 93.61% 72.69% 34.63%
% of Gross Profit 117.01% 190.28% 253.62% 651.03% 257.7% 241.74% 120.33% 154.03%
Operating Expenses $973.9M $730.4M $591.9M $508.4M $331.0M $198.0M $136.3M $124.1M
YoY Change 33.34% 23.4% 16.42% 53.6% 67.17% 45.27% 9.83%
Operating Profit $295.5M $67.20M -$64.30M -$318.3M -$20.80M -$27.20M $62.40M -$8.800M
YoY Change 339.73% -204.51% -79.8% 1430.29% -23.53% -143.59% -809.09%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense -$644.3M -$371.1M -$712.3M -$820.4M -$433.5M -$263.4M -$169.3M -$189.8M
YoY Change 73.62% -47.9% -13.18% 89.25% 64.58% 55.58% -10.8%
% of Operating Profit -218.04% -552.23% -271.31%
Other Income/Expense, Net -$44.00M -$48.40M -$87.60M -$22.40M -$51.80M -$161.2M $1.200M -$2.000M
YoY Change -9.09% -44.75% 291.07% -56.76% -67.87% -13533.33% -160.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income $192.1M -$359.3M -$712.8M -$1.356B -$609.2M -$624.3M -$140.0M -$201.7M
YoY Change -153.47% -49.59% -47.43% 122.55% -2.42% 345.93% -30.59%
Income Tax $159.9M -$176.1M -$106.0M -$360.9M -$157.6M -$140.9M -$36.60M -$49.50M
% Of Pretax Income 83.24%
Net Earnings -$46.80M -$311.8M -$606.8M -$994.9M -$451.7M -$483.3M -$101.0M -$152.2M
YoY Change -84.99% -48.62% -39.01% 120.26% -6.54% 378.51% -33.64%
Net Earnings / Revenue -0.62% -4.61% -10.98% -23.71% -13.5% -26.09% -7.58% -16.3%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.13 -$0.84 -$1.678M -$2.761M -$1.384M -$1.481M -$309.4K -$466.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $135.7M $82.10M $190.4M $27.00M $575.0M $7.000M $0.00
YoY Change 65.29% -56.88% 605.19% -95.3% 8114.29%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $221.6M $98.70M $88.60M $76.00M $82.00M $57.00M $58.00M
YoY Change 124.52% 11.4% 16.58% -7.32% 43.86% -1.72%
Inventory $84.20M $82.00M $57.00M $51.00M $42.00M $24.00M
Prepaid Expenses
Receivables $1.080B $1.118B $1.135B $867.0M $713.0M $575.0M $319.0M
Other Receivables $47.70M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.485B $1.383B $1.496B $1.028B $1.420B $681.0M $400.0M
YoY Change 7.37% -7.53% 45.5% -27.61% 108.52% 70.25%
Property, Plant & Equipment $6.981B $6.540B $6.011B $5.075B $2.850B $2.436B $1.009B
YoY Change 6.73% 8.81% 18.44% 78.07% 17.0% 141.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $319.0M $326.6M
YoY Change -2.33%
Other Assets $147.7M $90.20M $36.30M $33.00M $32.00M $33.00M $11.00M
YoY Change 63.75% 148.48% 10.0% 3.13% -3.03% 200.0%
Total Long-Term Assets $18.39B $18.38B $16.88B $14.70B $10.90B $10.39B $3.047B
YoY Change 0.05% 8.93% 14.8% 34.83% 4.94% 241.02%
Total Assets $19.88B $19.77B $18.37B $15.73B $12.32B $11.07B $3.447B
YoY Change
Accounts Payable $711.0M $1.558B $1.320B $1.015B $732.0M $606.0M $313.0M
YoY Change -54.36% 18.03% 30.02% 38.66% 20.79% 93.61%
Accrued Expenses $760.3M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.000M
YoY Change -100.0%
Long-Term Debt Due $69.30M $69.40M $68.10M $42.00M $98.00M $54.00M $9.000M
YoY Change -0.14% 1.91% 62.14% -57.14% 81.48% 500.0%
Total Short-Term Liabilities $1.810B $2.692B $1.522B $1.193B $865.0M $681.0M $339.0M
YoY Change -32.75% 76.83% 27.61% 37.92% 27.02% 100.88%
Long-Term Debt $9.211B $9.576B $8.219B $6.315B $7.720B $6.235B $2.452B
YoY Change -3.82% 16.51% 30.15% -18.2% 23.82% 154.28%
Other Long-Term Liabilities $938.0M $872.6M $2.132B $2.076B $237.0M $204.0M $32.00M
YoY Change 7.49% -59.07% 2.7% 775.95% 16.18% 537.5%
Total Long-Term Liabilities $10.15B $10.45B $10.35B $8.391B $7.957B $6.439B $2.484B
YoY Change -2.87% 0.94% 23.36% 5.45% 23.58% 159.22%
Total Liabilities $12.70B $13.73B $12.60B $10.05B $9.556B $7.879B $2.938B
YoY Change -7.49% 8.99% 25.34% 5.18% 21.28% 168.18%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $20.341 Billion

About GFL Environmental Inc.

GFL Environmental, Inc. engages in the business of transporting, managing, and recycling of solid and liquid waste and the provision of soil remediation services. The company is headquartered in Vaughan, Ontario and currently employs 20,000 full-time employees. The company went IPO on 2020-03-03. The firm is engaged in providing non-hazardous solid waste management, infrastructure and soil remediation services and liquid waste management services. Its segments include Solid waste, which includes landfill, material recovery facilities, and Environmental Services, which includes liquid waste management and soil remediation services. Its service range includes residential waste collection, commercial waste collection, industrial cleaning services, dumpster rental services, liquid and hazardous waste and soil remediation services. The company offers commercial, institutional, and industrial customers a range of environmentally hazardous waste handling services from onsite packaging, container supply, and transportation, to licensed disposal or recycling. The company owns, operates, and manages solid and liquid waste disposal, transfer and recycling facilities across North America.

Industry: Refuse Systems Peers: Li-Cycle Holdings Corp.