GFL Environmental Inc. (GFL) Income Statement Analysis

See more : Fiskars Oyj Abp (FSKRS.HE) Income Statement Analysis – Financial Results

Complete financial analysis of GFL Environmental Inc. (GFL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of GFL Environmental Inc., a leading company in the Waste Management industry within the Industrials sector.

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GFL Environmental Inc. (GFL)

Industry: Waste Management

Sector: Industrials

Website: https://gflenv.com

About GFL Environmental Inc.

GFL Environmental Inc. operates as a diversified environmental services company in Canada and the United States. The company offers non-hazardous solid waste management, infrastructure and soil remediation, and liquid waste management services. Its solid waste management business line includes the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste for municipal, residential, and commercial and industrial customers. The company's infrastructure and soil remediation business line provides remediation of contaminated soils, as well as complementary services, including civil, demolition, and excavation and shoring services. Its liquid waste management business collects, manages, transports, processes, and disposes of a range of industrial and commercial liquid wastes, as well as resells liquid waste products. The company was incorporated in 2007 and is headquartered in Vaughan, Canada.

Metric	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	7.52B	6.76B	5.53B	4.20B	3.35B	1.85B	1.33B	933.66M
Cost of Revenue	6.23B	5.96B	5.00B	4.01B	3.07B	1.70B	1.15B	644.35M
Gross Profit	1.28B	797.60M	527.60M	190.10M	273.75M	149.10M	188.00M	289.31M
Gross Profit Ratio	17.09%	11.80%	9.55%	4.53%	8.18%	8.05%	14.10%	30.99%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	508.40M	396.50M	0.00	157.09M	120.62M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	895.50M	730.40M	591.90M	508.40M	396.50M	344.16M	157.09M	120.62M
Other Expenses	0.00	0.00	-49.30M	-2.00M	-2.00M	0.00	17.40M	-2.00M
Operating Expenses	1.27B	730.40M	591.90M	508.40M	396.50M	344.16M	157.09M	298.18M
Cost & Expenses	7.13B	6.69B	5.59B	4.51B	3.47B	2.05B	1.30B	942.53M
Interest Income	0.00	440.90M	345.60M	408.50M	482.40M	262.00M	0.00	0.00
Interest Expense	584.10M	489.30M	434.10M	597.60M	532.22M	0.00	212.68M	179.03M
Depreciation & Amortization	1.49B	1.53B	1.39B	1.24B	799.46M	412.93M	239.07M	177.57M
EBITDA	2.21B	1.63B	1.09B	303.80M	674.71M	158.32M	311.80M	154.93M
EBITDA Ratio	29.47%	23.86%	24.05%	21.86%	20.16%	11.76%	21.56%	17.85%
Operating Income	389.20M	87.90M	-64.30M	-320.30M	-124.75M	-195.06M	48.31M	-10.87M
Operating Income Ratio	5.18%	1.30%	-1.16%	-7.63%	-3.73%	-10.53%	3.62%	-1.16%
Total Other Income/Expenses	-197.10M	-507.30M	-671.90M	-1.04B	-484.47M	-429.19M	-202.37M	-192.79M
Income Before Tax	192.10M	-359.30M	-712.80M	-1.36B	-609.22M	-624.25M	-139.96M	-201.66M
Income Before Tax Ratio	2.56%	-5.31%	-12.90%	-32.31%	-18.20%	-33.70%	-10.50%	-21.60%
Income Tax Expense	159.90M	-176.10M	-106.00M	-360.90M	-157.57M	-140.92M	-38.98M	-49.45M
Net Income	45.40M	-183.20M	-606.80M	-994.90M	-451.65M	-483.34M	-100.98M	-152.21M
Net Income Ratio	0.60%	-2.71%	-10.98%	-23.71%	-13.49%	-26.09%	-7.58%	-16.30%
EPS	-0.13	-0.50	-1.68	-2.76	-1.44	-1.54	-0.32	-0.48
EPS Diluted	-0.13	-0.50	-1.68	-2.76	-1.44	-1.54	-0.31	-0.48
Weighted Avg Shares Out	349.23M	367.17M	361.57M	360.38M	314.05M	314.05M	314.05M	314.05M
Weighted Avg Shares Out (Dil)	349.23M	367.17M	361.57M	360.38M	314.05M	314.05M	326.42M	314.05M

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GFL Environmental, Inc. (GFL) Q2 2023 Earnings Call Transcript

July 27, 2023seekingalpha.com

GFL Environmental, Inc. (NYSE:GFL ) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET Company Participants Patrick Dovigi - Founder, Chairman, President & CEO Luke Pelosi - EVP & CFO Conference Call Participants Michael Hoffman - Stifel, Nicolaus...

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July 26, 2023zacks.com

GFL Environmental Inc. (GFL) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.19 per share a year ago.

GFL Environmental Reports Second Quarter 2023 Results and Raises Full Year 2023 Guidance

July 26, 2023prnewswire.com

Net Leverage1 of 4.18x, lowest level in company's history; accelerated deleveraging following completion of divestitures for gross proceeds of over $1.6 billion Revenue of $1,943.6 million, increase of 13.8% Solid Waste price of 10.4%, up 310 basis points year-over-year Adjusted...

GFL Environmental Inc. (GFL) Earnings Expected to Grow: Should You Buy?

July 19, 2023zacks.com

GFL Environmental Inc. (GFL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GFL Environmental Inc. Recognized as one of Canada's Best 50 Corporate Citizens by Corporate Knights

July 10, 2023prnewswire.com

VAUGHAN, ON , July 10, 2023 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it has been named one of Canada's Best 50 Corporate Citizens by Corporate Knights. "We are honored to...

GFL Environmental Inc. Sets Date for Q2 2023 Earnings Release

June 27, 2023prnewswire.com

VAUGHAN, ON , June 27, 2023 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it will release its 2023 second quarter financial results after the market closes on Wednesday July 26, 2023...

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May 25, 2023seekingalpha.com

GFL Environmental continues to perform well, with its solid waste and Environmental Services segments contributing to revenue growth in 1Q23. The growth outlook for GFL is positive, with the potential for an outperformance of guidance and pricing resets expected to...

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GFL Environmental Inc. (GFL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.