GFL Environmental (GFL) Interest Coverage Ratio (2019 - 2026)
GFL Environmental (GFL) posted quarterly Interest Coverage Ratio of 1.23 for Q2 2026, up 21.19% year-over-year from 1.02 in Q2 2025, and down 180.7% quarter-over-quarter from 1.53 in Q1 2026.
GFL Environmental (GFL) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
GFL Environmental (GFL) has reported Interest Coverage Ratio for 8 consecutive years, with 1.23 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 21.19% year-over-year to 1.23; the TTM figure through Jun 2026 stood at 0.26 (down 319.57% YoY), while the FY2025 annual figure was 7.94, down 33.38% from the prior year.
- Interest Coverage Ratio retreated to 1.23 in Q2 2026 per GFL's latest filing, from 1.53 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 462.48 in Q4 2022 and bottomed at 411.32 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 9.13 across 5 years, with a median of 0.4 in 2023.
- On a YoY basis, Interest Coverage Ratio climbed as much as 575.97% in 2022 and fell as far as 917.79% in 2022.
- GFL Environmental's Interest Coverage Ratio stood at 462.48 in 2022, then tumbled by 98.56% to 6.68 in 2023, then sank by 108.38% to 0.56 in 2024, then plunged by 48.48% to 0.83 in 2025, then slumped by 48.61% to 1.23 in 2026.
- Business Quant data shows GFL's Interest Coverage Ratio at 1.23 in Q2 2026, 1.53 in Q1 2026, and 0.83 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.39 Bn | 89.83 Bn | 2.73 Bn | - |
| 2 | Republic Services | 67.62 Bn | 67.51 Bn | 1.87 Bn | 5.97 |
| 3 | Waste Connections | 42.71 Bn | 42.61 Bn | 1.08 Bn | 4.80 |
| 4 | Clean Harbors | 17.07 Bn | 16.56 Bn | 608.78 Mn | - |
| 5 | GFL Environmental | 14.89 Bn | 14.70 Bn | 278.90 Mn | -1.31 |
| 6 | Casella Waste Systems | 5.91 Bn | 5.89 Bn | 178.80 Mn | 1.11 |
| 7 | Sino Green Land | 646.75 Mn | 646.67 Mn | -78,936.00 | -10.74 |
| 8 | Onterris | 529.21 Mn | 515.52 Mn | 82.26 Mn | - |
| 9 | Perma Fix Environmental Services | 334.90 Mn | 300.95 Mn | -2.50 Mn | -89.14 |
| 10 | American Battery Technology | 307.22 Mn | 267.94 Mn | 737,749.00 | 102.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.23 |
| Mar 31, 2026 | 1.53 |
| Dec 31, 2025 | -0.83 |
| Sep 30, 2025 | -1.03 |
| Jun 30, 2025 | -1.57 |
| Mar 31, 2025 | 1.03 |
| Dec 31, 2024 | -0.56 |
| Sep 30, 2024 | -0.43 |
| Jun 30, 2024 | 1.61 |
| Mar 31, 2024 | 5.08 |
| Dec 31, 2023 | 6.68 |
| Sep 30, 2023 | -0.37 |
| Jun 30, 2023 | -9.49 |
| Mar 31, 2023 | 114.80 |
| Dec 31, 2022 | 462.48 |
| Sep 30, 2022 | -13.42 |
| Jun 30, 2022 | 11.29 |
| Mar 31, 2022 | -411.32 |
| Dec 31, 2021 | 68.42 |
| Sep 30, 2021 | -1.32 |