GFL Environmental Inc. (GFL) — Financial statements
Income statement, balance sheet, and cash flow for GFL Environmental Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CAD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,616↑7.8% | 6,139↓18.3% | 7,516↑11.2% | 6,761↑31.6% | 5,137 | |
| Cost of Revenue | 3,841↓23.3% | 5,010↓19.8% | 6,246↑4.7% | 5,964↑27.9% | 4,663 | |
| Gross Profit | 1,367↑21.1% | 1,129↓11.1% | 1,269↑59.2% | 798↑68.4% | 474 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 635↓26.5% | 865↓11.2% | 974↑33.3% | 730↑29.8% | 563 | |
| Other Expenses | 332↑700.5% | 42↑20.6% | 34↑26.0% | 27↑89.6% | 14 | |
| Operating Expenses | 967↑6.8% | 906↓10.1% | 1,008↑33.1% | 758↑31.3% | 577 | |
| Total Costs & Expenses | 6,216↑5.1% | 5,916↓18.4% | 7,254↑7.9% | 6,721↑28.3% | 5,240 | |
| Operating Results | ||||||
| Operating Income | 400↑79.5% | 223↓14.7% | 261↑554.4% | 40↑138.6% | -103 | |
| Depreciation & Amortization | 1,316↓16.1% | 1,568↑5.2% | 1,490↓2.3% | 1,526↑9.5% | 1,393 | |
| EBITDA | 1,999↑98.4% | 1,008↓54.5% | 2,215↑39.0% | 1,593↑62.5% | 981 | |
| EBIT | 469↑183.7% | -560↓177.3% | 725↑969.0% | 68↑116.4% | -412 | |
| Interest & Other Income | ||||||
| Net Interest Income | -372↑39.6% | -616↓5.5% | -584↓36.8% | -427↓31.9% | -324 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 372↓39.6% | 616↑5.5% | 584↑36.8% | 427↑31.9% | 324 | |
| Non-Operating Income | 0.00↓100.0% | 783↑268.9% | -464↓1562.0% | -28↓109.0% | 309 | |
| Other Income / Expenses | -173↑87.2% | -1,347↓1851.7% | -69↑82.7% | -399↑36.9% | -633 | |
| Income Before Tax | 227↑120.2% | -1,124↓685.1% | 192↑153.5% | -359↑51.2% | -736 | |
| Income Tax Expense | 14↑106.3% | -226↓241.6% | 160↑190.8% | -176↓61.3% | -109 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 241↑126.9% | -898↓2887.3% | 32↑117.6% | -183↑70.8% | -627 | |
| Net Income from Discontinued Operations | 3,572↑2135.5% | 160 | 0.00↑100.0% | -128↓733.2% | 20 | |
| Net Income | 3,834↑630.5% | -723↓1691.9% | 45↑114.6% | -312↑48.6% | -607 | |
| Bottom-Line Net Income | 211↑126.3% | -803↓1615.8% | -47↑88.1% | -395↑34.9% | -607 | |
| EPS (Basic) | 0.66↑131.3% | -2.11↓1723.1% | 0.13↑112.0% | -1.08↑41.0% | -1.83 | |
| EPS (Diluted) | 9.99↑573.5% | -2.11↓1723.1% | 0.13↑112.0% | -1.08↑41.0% | -1.83 | |
| Weighted Average Shares | 370↓3.0% | 381↑3.0% | 370↑0.7% | 367↑1.6% | 362 | |
| Weighted Average Diluted Shares | 379↓0.6% | 381↑3.0% | 370↑0.7% | 367↑1.6% | 362 | |
* All figures in Millions of CAD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.