GFL Environmental (GFL) Debt to Equity (2019 - 2026)

GFL Environmental (GFL) reported Debt to Equity of $1.26 for Q1 2026, down 25.36% year-over-year from $1.68 in Q1 2025, and up 26.7% quarter-over-quarter from $0.99 in Q4 2025.

GFL Environmental (GFL) Debt to Equity (2019 - 2026) Analysis & Trends

GFL Environmental (GFL) has 8 years of Debt to Equity data on file, last reported at $1.26 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $1.26, down 25.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.26 (down 25.36% YoY), and the FY2025 annual result was $0.99, down 40.94% from the prior year.
  • Debt to Equity rose to $1.26 in Q1 2026 per GFL's latest filing, from $0.99 in the prior quarter.
  • Over five years, Debt to Equity peaked at $1.68 in Q1 2025 and troughed at $0.0 in Q4 2023.
  • A 5-year average of $1.02 and a median of $1.18 in 2023 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity sank 99.68% in 2022, then soared 81068.84% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.0 in 2022, then tumbled by 61.24% to $0.0 in 2023, then soared by 81068.84% to $1.38 in 2024, then decreased by 28.39% to $0.99 in 2025, then grew by 26.7% to $1.26 in 2026.
  • Business Quant data shows GFL's Debt to Equity at $1.26 in Q1 2026, $0.99 in Q4 2025, and $0.94 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn 1.26
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 1.14
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 1.00
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 0.73
5 Enviri 1.71 Bn 1.63 Bn - -
6 Onterris 613.85 Mn 602.80 Mn - -
7 American Battery Technology 425.23 Mn 386.75 Mn 737,749.00 -
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 2.28
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn 0.04
10 One & one Green Technologies 144.62 Mn 143.66 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.26
Dec 31, 2025 0.99
Sep 30, 2025 0.94
Mar 31, 2025 1.68
Dec 31, 2024 1.38
Sep 30, 2024 1.05
Jun 30, 2024 1.39
Dec 31, 2023 0.00
Sep 30, 2023 1.18
Mar 31, 2023 1.37
Dec 31, 2022 0.00
Dec 31, 2021 1.39
Mar 31, 2021 1.16
Dec 31, 2020 0.01
Sep 30, 2020 1.08
Dec 31, 2019 2.75
Sep 30, 2019 2.31