GFLNYSERefuse SystemsFiscal year ends December 31

GFL Environmental Inc.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 18, 2026

$44.68+0.83 (+1.89%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2018 to 2025

20.7%+16.1 pts over 5 years

58.0%+84.2 pts over 5 years

Per year	1 year	3 years	5 years	10 years	Five-year pace
Revenue	+7.8%	-0.7%	+9.5%	–
Gross profit	+21.1%	+19.7%	+48.4%	–

8 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2018	FY2020	FY2025
Return on equity	–	-26.4%	53.7%
Return on assets	–	-7.9%	18.9%
Current ratio	–	0.86	0.58
Debt to equity	–	1.11	1.02
Inventory turnover	–	74.3×	62.3×
Diluted shares	–	360M	379M

Return on equity split into margin, efficiency and leverage

Net margin58.0%

Asset turnover0.33×

Equity multiplier2.84×

Return on equity, FY202553.7%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	58.0%	0.33×	2.84×	53.7%
FY2024	-11.8%	0.30×	2.90×	-10.2%
FY2023	0.6%	0.38×	3.00×	0.7%
FY2022	-4.6%	0.35×	3.23×	-5.3%
FY2021	-11.8%	0.30×	3.01×	-10.7%
FY2020	-26.3%	0.30×	3.36×	-26.4%

Parsed from the XBRL in GFL Environmental's annual and quarterly filings with the SEC
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing