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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. The company was incorporated in 2007 and is headquartered in Miami Beach, Florida.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
GFL Environmental Holdings Inc provides diversified environmental services across North America, including solid and liquid waste collection, recycling and infrastructure services. Long-term growth may be driven by rising municipal and industrial waste volumes, stricter environmental regulations, and organic expansion plus acquisition-led consolidation. Investors may find the company attractive for its scale, diversified revenue streams and potential to benefit from pricing power in fragmented markets.
The principal risks are elevated leverage from acquisition activity, regulatory and environmental compliance exposure, execution risk integrating assets, and sensitivity to fuel, labor and commodity costs.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 226.90M | -944.80M | 192.10M | -359.30M | -712.80M |
| Minority interest | 20.70M | 15.00M | 13.20M | -0.70M | - |
| Net income | 3834.10M | -722.70M | 45.40M | -183.20M | -606.80M |
| Selling general administrative | 967.40M | 992.70M | 973.90M | 701.30M | 591.90M |
| Gross profit | 1367.30M | 1455.60M | 1255.20M | 797.60M | 527.60M |
| Reconciled depreciation | 1316.10M | 1567.80M | 1489.70M | 1525.50M | 1393.00M |
| Ebit | 399.90M | -346.80M | 837.80M | 87.90M | -64.30M |
| Ebitda | 1716.00M | 1221.00M | 2327.50M | 1613.40M | 1328.70M |
| Depreciation and amortization | 1316.10M | 1567.80M | 1489.70M | 1525.50M | 1393.00M |
| Operating income | 399.90M | 516.10M | 389.20M | 87.90M | -64.30M |
| Other operating expenses | 6216.00M | 7345.90M | 7126.30M | 6694.10M | 5589.80M |
| Interest expense | 595.20M | 616.20M | 584.10M | 489.30M | 434.10M |
| Tax provision | -14.20M | -207.10M | 159.90M | -176.10M | -106.00M |
| Interest income | 437.30M | 869.20M | 644.30M | 371.10M | 712.30M |
| Net interest income | -510.80M | -616.20M | -584.10M | -469.20M | -370.40M |
| Extraordinary items | 3572.30M | - | 0.00M | -127.90M | - |
| Income tax expense | -14.20M | -207.10M | 159.90M | -176.10M | -106.00M |
| Total revenue | 6615.90M | 7862.00M | 7515.50M | 6761.30M | 5525.50M |
| Total operating expenses | 967.40M | 939.50M | 866.00M | 730.40M | 591.90M |
| Cost of revenue | 5248.60M | 6406.40M | 6260.30M | 5963.70M | 4997.90M |
| Total other income expense net | -173.00M | -1460.90M | -197.10M | -447.20M | -648.50M |
| Discontinued operations | - | - | - | -127.90M | 20.20M |
| Net income from continuing ops | 241.10M | -737.70M | 32.20M | -183.20M | -606.80M |
| Net income applicable to common shares | 3834.10M | -803.00M | -46.80M | -311.80M | -660.40M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 19295.20M | 21207.40M | 20671.90M | 19767.60M | 18373.70M |
| Intangible assets | 1757.00M | 2833.20M | 3056.30M | 3245.00M | 3330.00M |
| Other current assets | 180.60M | 193.00M | 123.40M | 182.90M | 88.60M |
| Total liab | 11809.80M | 13985.70M | 13285.70M | 13723.50M | 12597.60M |
| Total stockholder equity | 7302.80M | 6978.40M | 7177.10M | 6037.20M | 5776.10M |
| Other current liab | 49.70M | - | 822.30M | 816.90M | -64.10M |
| Common stock | 7008.40M | - | 9835.10M | 8640.30M | 8462.90M |
| Capital stock | 7008.40M | 9938.00M | 9835.10M | 8640.30M | 8462.90M |
| Retained earnings | 229.50M | -3573.50M | -2822.60M | -2843.00M | -2510.50M |
| Other liab | - | - | - | 1446.50M | 2824.50M |
| Good will | 6894.90M | 8065.80M | 7890.50M | 8182.40M | 7501.10M |
| Other assets | 256.80M | - | - | 90.20M | 36.30M |
| Cash | 85.60M | 133.80M | 135.70M | 82.10M | 190.40M |
| Total current liabilities | 1997.90M | 3150.70M | 1810.40M | 2692.10M | 1522.40M |
| Current deferred revenue | - | - | 207.80M | 248.10M | 198.70M |
| Net debt | 8298.10M | 9868.60M | 9144.20M | 9563.50M | 8096.90M |
| Short term debt | 59.90M | - | 69.30M | 69.40M | 68.10M |
| Short long term debt | - | 1149.40M | 15.50M | 42.70M | 86.90M |
| Short long term debt total | 8383.70M | - | 9279.90M | 9645.60M | 8287.30M |
| Other stockholder equity | 205.70M | - | 149.50M | 109.60M | 77.40M |
| Property plant equipment | 7324.30M | - | - | 6540.30M | 6010.60M |
| Total current assets | 1164.20M | 1695.60M | 1485.00M | 1383.10M | 1495.70M |
| Long term investments | 1898.00M | 344.40M | 319.00M | 326.60M | - |
| Net tangible assets | - | - | - | -5390.20M | -5055.00M |
| Net receivables | 898.00M | 1094.50M | 1127.70M | 1118.10M | 1134.70M |
| Long term debt | 7422.60M | 8853.00M | 8830.10M | 9248.90M | 9211.40M |
| Inventory | 60.90M | 107.70M | 98.20M | 84.20M | 82.00M |
| Accounts payable | 1888.30M | 812.30M | 711.00M | 1557.70M | 1319.70M |
| Accumulated other comprehensive income | -140.80M | - | 15.10M | 130.30M | -253.70M |
| Non currrent assets other | 256.80M | 207.40M | 82.90M | 90.20M | 36.30M |
| Non current assets total | 18131.00M | 19511.80M | 19186.90M | 18384.50M | 16878.00M |
| Capital lease obligations | 510.50M | 546.60M | 443.00M | 378.80M | 308.30M |
| Long term debt total | 7873.20M | - | - | 9576.20M | 8219.20M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -1684.40M | -205.70M | -1734.20M | -2687.20M |
| Change to liabilities | - | - | - | 160.40M | 114.30M |
| Total cashflows from investing activities | 3716.30M | -1684.40M | -310.40M | -1734.20M | -2687.20M |
| Net borrowings | -2303.60M | 224.60M | -533.80M | 610.90M | 1664.30M |
| Total cash from financing activities | -5281.60M | 163.20M | -602.80M | 569.00M | 1964.70M |
| Change to operating activities | - | - | - | -24.90M | -22.40M |
| Net income | 261.80M | -737.70M | 32.20M | -311.10M | -606.80M |
| Change in cash | -48.20M | -1.90M | 53.60M | -108.30M | 163.20M |
| Begin period cash flow | 133.80M | 135.70M | 82.10M | 190.40M | 27.20M |
| End period cash flow | 85.60M | 133.80M | 135.70M | 82.10M | 190.40M |
| Total cash from operating activities | 1523.00M | 1540.20M | 980.40M | 1096.30M | 897.90M |
| Issuance of capital stock | - | - | - | 0.00M | 372.50M |
| Depreciation | 1316.10M | 1567.80M | 1489.70M | 1525.50M | 1393.00M |
| Other cashflows from investing activities | 5099.90M | 72.10M | 61.80M | -954.10M | -2040.00M |
| Dividends paid | 31.10M | -28.20M | -25.00M | 20.70M | 17.90M |
| Change to account receivables | - | -109.20M | 57.70M | -221.00M | -138.00M |
| Sale purchase of stock | -2967.40M | - | - | 0.00M | 372.50M |
| Other cashflows from financing activities | -97.40M | -33.20M | -44.00M | 1635.20M | 3761.80M |
| Change to netincome | - | - | - | -45.70M | 136.10M |
| Capital expenditures | 1141.40M | 1193.00M | 1055.10M | 780.10M | 647.20M |
| Change in working capital | -57.80M | -17.90M | 31.00M | -85.50M | -46.10M |
| Stock based compensation | 151.50M | 104.70M | 124.80M | 55.10M | 45.70M |
| Other non cash items | -776.00M | 830.40M | -857.20M | 83.40M | 218.10M |
| Free cash flow | 381.60M | 347.20M | -74.70M | 316.20M | 250.70M |
Sector: Industrials Industry: Waste Management
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| GFL Gfl Environmental Holdings Inc |
-0.42 0.66% |
63.64 | 96.27 | 43.10 | 2.95 | 2.66 | 4.13 | 13.68 |
| WAST Waste Management CDR (CAD Hedged) |
0.47 2.14% |
22.46 | 33.17 | 26.81 | 3.55 | 8.92 | 4.47 | 15.65 |
| WCN Waste Connections Inc |
7.71 2.95% |
268.86 | 37.73 | 21.05 | 5.83 | 4.87 | 5.21 | 16.53 |
| ANRG Anaergia Inc |
-0.02 1.12% |
1.77 | 76.50 | 51.02 | 2.91 | 1.32 | 3.08 | -97.13 |
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. The company was incorporated in 2007 and is headquartered in Miami Beach, Florida.
| Name | Title | Year Born |
|---|---|---|
| Mr. Patrick Dovigi | Founder, Chairman, Pres & CEO | 1980 |
| Mr. Luke Pelosi | Exec. VP & CFO | 1981 |
| Ms. Mindy B. Gilbert | Exec. VP & Chief Legal Officer | 1973 |
| Mr. Greg Yorston | Exec. VP & COO of Solid Waste | 1965 |
| Ms. Elizabeth Joy Grahek | Exec. VP of Strategic Initiatives | 1959 |
| Mr. Craig Orenstein | Vice-Pres of Corp. Devel. | NA |
| Mr. Richard R. Early | Vice-Pres of HR | NA |
| Ms. Julie Boudreau | Vice-Pres of Treasury | NA |
| Mr. Christian James-Wallace Dover | Area Vice-Pres of Infrastructure & Soil Remediation | 1983 |
| Mr. Edward Christian Glavina | Area Vice-Pres of Liquid Waste, United States | 1967 |
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