GFL Environmental Inc. (GFL) quarterly balance sheet — complete assets, liabilities & equity history
GFL Environmental Inc. (GFL) balance sheet — 9-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 1.45B | 2.52B | 1.16B | 1.36B | 1.2B | 1.61B | 1.7B | 1.61B | 1.61B | 1.4B | 1.49B | 1.6B | 1.45B | 2.32B | 1.38B | 1.64B | 1.52B | 1.76B | 1.5B | 2.41B |
| Cash & Short-Term Investments | 192.18M | 1.44B | 85.6M | 194.6M | 139.7M | 537.2M | 133.8M | 99.5M | 134.2M | 70M | 135.7M | 174.2M | 82.2M | 73M | 82.1M | 237.4M | 230.6M | 189.3M | 190.4M | 1.15B |
| Cash Only | 192.18M | 1.44B | 85.6M | 194.6M | 139.7M | 537.2M | 133.8M | 99.5M | 134.2M | 70M | 135.7M | 174.2M | 82.2M | 73M | 82.1M | 237.4M | 230.6M | 189.3M | 190.4M | 1.15B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.05B | 928.29M | 802M | 903.1M | 853M | 821.8M | 1.26B | 1.23B | 1.19B | 1.08B | 1.13B | 1.18B | 1.11B | 1.02B | 1.1B | 1.21B | 1.09B | 844.6M | 1.13B | 1.09B |
| Days Sales Outstanding | 46.09 | 47.37 | 46.51 | 47.68 | 45.49 | 60.08 | 57.6 | 71.37 | 65.2 | 55.77 | 56.45 | 55.88 | 49.98 | 53.19 | 58.51 | 57.9 | 51.65 | 63.56 | 66.51 | 65.44 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 107.7M | 0 | 0 | 0 | 98.2M | 0 | 0 | 0 | 84.2M | 0 | 0 | 0 | 82M | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | 6.17 | - | - | - | 5.74 | - | - | - | 4.77 | - | - | - | 5.27 | - |
| Other Current Assets | 214.69M | 153.9M | 96M | 265.1M | 207.4M | 248.5M | 193M | 281.3M | 289.4M | 253.6M | 123.4M | 248M | 250.9M | 1.22B | 13.3M | 0 | 0 | 572.3M | 0 | 0 |
| Total Non-Current Assets | 20.09B | 18.4B | 18.13B | 17.99B | 17.33B | 17.86B | 19.51B | 18.53B | 18.67B | 18.64B | 18.39B | 18.29B | 17.11B | 17.51B | 18.38B | 18.38B | 17.59B | 16.18B | 16.9B | 15.72B |
| Property, Plant & Equipment | 8.13B | 7.48B | 7.32B | 7.16B | 6.83B | 6.96B | 7.85B | 7.36B | 7.33B | 7.05B | 6.98B | 6.86B | 6.4B | 6.4B | 6.54B | 6.54B | 6.05B | 5.66B | 6.01B | 5.57B |
| Fixed Asset Turnover | 0.25x | 0.22x | 0.23x | 0.24x | 0.24x | 0.21x | 0.26x | 0.21x | 0.22x | 0.26x | 0.27x | 0.28x | 0.30x | 0.28x | 0.28x | 0.29x | 0.29x | 0.24x | 0.27x | 0.26x |
| Goodwill | 7.7B | 7.03B | 6.89B | 6.82B | 6.59B | 6.85B | 8.07B | 7.73B | 7.79B | 8.05B | 7.89B | 7.9B | 7.43B | 7.6B | 8.18B | 8.18B | 7.81B | 7.3B | 7.5B | 6.93B |
| Intangible Assets | 2.18B | 1.74B | 1.76B | 1.69B | 1.63B | 1.7B | 2.83B | 2.85B | 2.94B | 2.99B | 3.06B | 3.06B | 2.95B | 3.13B | 3.25B | 3.29B | 3.4B | 3.17B | 3.33B | 3.18B |
| Long-Term Investments | 1.79B | 1.87B | 1.9B | 1.99B | 1.97B | 1.99B | 344.4M | 335.5M | 312.9M | 290.5M | 319M | 316.2M | 271.9M | 310.2M | 326.6M | 321.6M | 298M | 21.3M | 0 | 0 |
| Other Non-Current Assets | 282.12M | 278.02M | 256.8M | 327.4M | 302.1M | 365.8M | 207.4M | 108.8M | 114M | 124.6M | 82.9M | 112.6M | 59.5M | 71.2M | 90.2M | 40.6M | 38.5M | 35.9M | 59.1M | 36.2M |
| Total Assets | 21.54B | 20.92B | 19.3B | 19.36B | 18.53B | 19.47B | 21.21B | 20.14B | 20.28B | 20.05B | 19.88B | 19.89B | 18.56B | 19.83B | 19.77B | 20.01B | 19.11B | 17.94B | 18.4B | 18.13B |
| Asset Turnover | 0.09x | 0.08x | 0.09x | 0.09x | 0.09x | 0.08x | 0.10x | 0.08x | 0.08x | 0.09x | 0.09x | 0.10x | 0.10x | 0.09x | 0.09x | 0.09x | 0.09x | 0.08x | 0.08x | 0.08x |
| Asset Growth % | 16.25% | 7.45% | -9.02% | -3.89% | -8.62% | -2.87% | 6.68% | 1.25% | 9.26% | 1.1% | 0.56% | -0.62% | -2.9% | 10.52% | 7.45% | 10.42% | 21.77% | 15.69% | 16.95% | 22.73% |
| Total Current Liabilities | 1.93B | 1.67B | 2B | 1.97B | 1.8B | 1.96B | 3.15B | 2.76B | 1.81B | 1.67B | 1.81B | 1.76B | 1.87B | 1.55B | 2.69B | 2.55B | 2.4B | 2.44B | 1.52B | 1.38B |
| Accounts Payable | 1.8B | 1.55B | 850.8M | 1.68B | 1.57B | 1.76B | 812.3M | 1.6B | 1.67B | 1.53B | 711M | 1.55B | 1.44B | 1.38B | 656.7M | 1.5B | 1.37B | 1.12B | 565.7M | 1.18B |
| Days Payables Outstanding | 97.37 | 80.26 | 86.46 | 113 | 116.13 | 90.89 | 69.04 | 119.48 | 112.78 | 67.87 | 66.16 | 90.24 | 80.74 | 58.95 | 60.97 | 82.87 | 76.47 | 59.9 | 56.01 | 82.8 |
| Short-Term Debt | 74.53M | 73.99M | 0 | 81.6M | 60.6M | 93.2M | 1.15B | 1.03B | 10M | 9.9M | 15.5M | 0 | 0 | 17.4M | 42.7M | 18.2M | 17.1M | 16.6M | 86.9M | 17.3M |
| Deferred Revenue (Current) | 0 | 0 | 297.8M | 0 | 0 | 0 | 231.6M | 0 | 0 | 0 | 207.8M | 0 | 0 | 0 | 248.1M | 0 | 0 | 0 | 198.7M | 0 |
| Other Current Liabilities | 50.22M | 46.22M | 44M | 51.6M | 51.2M | 51.6M | 51.7M | 59.2M | 59.4M | 58M | 56.2M | 149.6M | 376.8M | 98.7M | 1.04B | 966M | 933.6M | 1.22B | 39.1M | 108.7M |
| Current Ratio | 0.75x | 1.51x | 0.58x | 0.69x | 0.67x | 0.82x | 0.54x | 0.58x | 0.89x | 0.84x | 0.82x | 0.91x | 0.77x | 1.50x | 0.51x | 0.64x | 0.63x | 0.72x | 0.98x | 1.74x |
| Quick Ratio | 0.75x | 1.51x | 0.58x | 0.69x | 0.67x | 0.82x | 0.50x | 0.58x | 0.89x | 0.84x | 0.77x | 0.91x | 0.77x | 1.50x | 0.48x | 0.64x | 0.63x | 0.72x | 0.93x | 1.74x |
| Cash Conversion Cycle | - | - | - | - | - | - | -5.28 | - | - | - | -3.97 | - | - | - | 2.31 | - | - | - | 15.77 | - |
| Total Non-Current Liabilities | 12.06B | 11.77B | 9.81B | 9.58B | 8.84B | 9.23B | 10.84B | 10.37B | 11.51B | 10.99B | 10.68B | 10.62B | 9.56B | 11.33B | 11.03B | 11.15B | 10.57B | 9.8B | 11.1B | 11.21B |
| Long-Term Debt | 9.6B | 9.4B | 7.42B | 7.27B | 6.64B | 6.93B | 8.85B | 8.49B | 9.66B | 9.15B | 8.83B | 8.85B | 7.89B | 9.55B | 9.26B | 9.36B | 8.77B | 8B | 9.23B | 8.4B |
| Capital Lease Obligations | 468.8M | 445.35M | 450.6M | 379M | 401M | 412.5M | 477.2M | 422.8M | 396.6M | 386.6M | 383.4M | 367.6M | 341.5M | 324.9M | 327.3M | 337.1M | 288.3M | 285.4M | 257.4M | 247M |
| Deferred Tax Liabilities | 703.5M | 703.11M | 777.7M | 832.1M | 749.4M | 782.4M | 464.5M | 444.7M | 485.5M | 518.3M | 534M | 550M | 435.4M | 541.7M | 582.6M | 593.3M | 646.8M | 653.4M | 723.9M | 384.8M |
| Other Non-Current Liabilities | 1.29B | 1.22B | 1.16B | 1.1B | 1.05B | 1.1B | 1.04B | 1.01B | 968.4M | 938.9M | 935.1M | 39.9M | 40.1M | 903.8M | 863.9M | 857.3M | 858.2M | 862.1M | 882.5M | 2.18B |
| Total Liabilities | 13.99B | 13.44B | 11.81B | 11.55B | 10.64B | 11.18B | 13.99B | 13.13B | 13.32B | 12.66B | 12.49B | 12.38B | 11.43B | 12.87B | 13.72B | 13.69B | 12.97B | 12.24B | 12.62B | 12.6B |
| Total Debt | 10.15B | 9.92B | 7.93B | 7.87B | 7.21B | 7.48B | 10.55B | 10.01B | 10.13B | 9.61B | 9.29B | 9.27B | 8.28B | 9.95B | 9.68B | 9.77B | 9.13B | 8.35B | 9.63B | 8.72B |
| Net Debt | 9.95B | 8.48B | 7.85B | 7.68B | 7.07B | 6.95B | 10.42B | 9.91B | 9.99B | 9.54B | 9.15B | 9.1B | 8.2B | 9.88B | 9.6B | 9.53B | 8.9B | 8.16B | 9.44B | 7.57B |
| Debt / Equity | 1.34x | 1.33x | 1.06x | 1.01x | 0.91x | 0.90x | 1.46x | 1.43x | 1.46x | 1.30x | 1.26x | 1.23x | 1.16x | 1.43x | 1.60x | 1.54x | 1.49x | 1.47x | 1.67x | 1.58x |
| Debt / EBITDA | 20.37x | 26.08x | 21.42x | 15.92x | 15.42x | 23.34x | 20.63x | 20.28x | 21.00x | 24.93x | 21.99x | 19.05x | 16.88x | 24.35x | 24.47x | 22.50x | 21.89x | 25.26x | 28.31x | 23.63x |
| Net Debt / EBITDA | 19.98x | 22.29x | 21.19x | 15.52x | 15.13x | 21.66x | 20.37x | 20.07x | 20.73x | 24.74x | 21.67x | 18.69x | 16.71x | 24.17x | 24.26x | 21.95x | 21.34x | 24.69x | 27.75x | 20.51x |
| Interest Coverage | 0.67x | -0.95x | 1.37x | 2.40x | 3.31x | -0.27x | -2.76x | 1.19x | -2.37x | -0.50x | 0.37x | 1.00x | 4.23x | -0.58x | -1.08x | -1.43x | 1.21x | 2.16x | 0.01x | -3.61x |
| Total Equity | 7.54B | 7.48B | 7.49B | 7.81B | 7.89B | 8.29B | 7.22B | 7.01B | 6.96B | 7.39B | 7.39B | 7.51B | 7.13B | 6.96B | 6.04B | 6.32B | 6.14B | 5.7B | 5.78B | 5.53B |
| Equity Growth % | -4.35% | -9.74% | 3.65% | 11.43% | 13.4% | 12.22% | -2.23% | -6.76% | -2.47% | 6.18% | 22.21% | 18.85% | 16.07% | 22.06% | 4.64% | 14.36% | 13.52% | 5.69% | 3.67% | -2.36% |
| Book Value per Share | 20.88 | 20.87 | 20.38 | 21.08 | 20.58 | 21.18 | 18.35 | 18.18 | 18.47 | 19.80 | 19.93 | 20.33 | 17.77 | 18.84 | 16.37 | 17.15 | 16.66 | 15.55 | 15.91 | 15.27 |
| Total Shareholders' Equity | 7.36B | 7.3B | 7.3B | 7.61B | 7.66B | 8.05B | 6.98B | 6.78B | 6.74B | 7.17B | 7.18B | 7.29B | 7.12B | 6.94B | 6.04B | 6.32B | 6.14B | 5.7B | 5.78B | 5.53B |
| Common Stock | 7.19B | 7.07B | 7.01B | 7.22B | 7.53B | 7.77B | 9.94B | 9.94B | 9.9B | 9.9B | 9.84B | 9.79B | 9.75B | 9.75B | 8.64B | 8.64B | 8.62B | 8.46B | 8.46B | 7.91B |
| Retained Earnings | -218.59M | 6.32M | 229.5M | 203.2M | 96.5M | -171.8M | -3.57B | -3.38B | -3.48B | -3B | -2.82B | -2.76B | -2.78B | -3.07B | -2.84B | -2.62B | -2.43B | -2.49B | -2.51B | -2.24B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 157.87M | 16.04M | -140.8M | 37M | -140.2M | 289.2M | 462.6M | 79.6M | 166.5M | 135M | 15.1M | 136.6M | 5.8M | 132.3M | 130.3M | 198.2M | -148.2M | -367.5M | -253.7M | -212.3M |
| Minority Interest | 182.78M | 182.57M | 182.6M | 195.2M | 226M | 240.4M | 243.3M | 227.3M | 211.8M | 210.9M | 209.1M | 224M | 15.2M | 16.5M | 6.9M | 6M | 0 | 0 | 0 | 0 |