GFL Environmental (GFL) Interest Coverage Ratio (2021 - 2026)
GFL Environmental's (GFL) Interest Coverage Ratio came in at 3.46 for Q3 2026, down 24.0% from 4.56 a year earlier but up 54.1% from the prior quarter.
GFL Environmental (GFL) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Coverage Ratio at GFL Environmental was 2.79, up 1.5% year-over-year; for FY2025, it came in at -8.37.
- In prior years, GFL Environmental's Interest Coverage Ratio was -0.72 in FY2024, 0.47 in FY2023 (+284.2%), 0.12 in FY2022 and -0.21 in FY2021.
- Quarterly Interest Coverage Ratio has run from a low of -0.43 in Q2 2024 to a high of 6.00 in Q2 2025 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in three of the last seven quarters, with growth averaging 34.3%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2022, with growth of 454.3%; the weakest was Q4 2024, with a decline of 70.4%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 2.25 (Q2 2026), 1.53 (Q1 2026) and 3.84 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 93.34 Bn | 92.18 Bn | 2.75 Bn | - |
| 2 | Republic Services | 75.09 Bn | 74.70 Bn | 1.90 Bn | 5.87 |
| 3 | Waste Connections | 47.35 Bn | 46.99 Bn | 1.14 Bn | 5.62 |
| 4 | GFL Environmental | 15.32 Bn | 15.00 Bn | - | - |
| 5 | Clean Harbors | 15.15 Bn | 12.49 Bn | 661.44 Mn | - |
| 6 | Casella Waste Systems | 5.92 Bn | 5.04 Bn | 178.80 Mn | 1.11 |
| 7 | Onterris | 802.59 Mn | 748.49 Mn | 88.27 Mn | - |
| 8 | Enviri | 690.70 Mn | 1.79 Mn | -162.22 Mn | 3.02 |
| 9 | Perma Fix Environmental Services | 316.78 Mn | 209.52 Mn | 552,000.00 | -38.19 |
| 10 | Comstock | 137.16 Mn | -3.62 Mn | -606,061.00 | 12.82 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.46 |
| Jun 30, 2026 | 2.25 |
| Mar 31, 2026 | 1.53 |
| Dec 31, 2025 | 3.84 |
| Sep 30, 2025 | 4.56 |
| Jun 30, 2025 | 6.00 |
| Mar 31, 2025 | 1.24 |
| Dec 31, 2024 | 0.87 |
| Sep 30, 2024 | 3.26 |
| Jun 30, 2024 | -0.43 |
| Mar 31, 2024 | 1.36 |
| Dec 31, 2023 | 2.93 |
| Sep 30, 2023 | 1.00 |
| Jun 30, 2023 | 6.49 |
| Mar 31, 2023 | 1.72 |
| Dec 31, 2022 | 2.05 |
| Sep 30, 2022 | 1.94 |
| Jun 30, 2022 | 4.90 |
| Mar 31, 2022 | 5.49 |
| Dec 31, 2021 | 3.99 |
GFL Environmental Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GFL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "GFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();