GFL Environmental annual debt-to-assets ratio
2019
2020
2021
2022
2023
2024
2025
GFL Environmental Debt-to-Assets Ratio Growth & History (GFL)
GFL Environmental's debt-to-assets ratio was 0.41 for fiscal 2025.
View full GFL Environmental company overviewGFL Environmental annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.41 | −0.09 | −17.32% |
| 2024 | 2024-12-31 | 0.50 | 0.03 | +6.53% |
| 2023 | 2023-12-31 | 0.47 | −0.02 | −4.33% |
| 2022 | 2022-12-31 | 0.49 | 0.04 | +8.02% |
| 2021 | 2021-12-31 | 0.45 | 0.05 | +11.77% |
| 2020 | 2020-12-31 | 0.40 | −0.23 | −36.29% |
| 2019 | 2019-12-31 | 0.63 | — | — |
GFL Environmental quarterly debt-to-assets ratio
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.47 | 0.08 | +21.06% |
| Q1 2026 | 2026-03-31 | 0.47 | — | — |
| Q4 2025 | 2025-12-31 | 0.41 | −0.09 | −17.32% |
| Q3 2025 | 2025-09-30 | 0.41 | — | — |
| Q2 2025 | 2025-06-30 | 0.39 | — | — |
| Q4 2024 | 2024-12-31 | 0.50 | 0.03 | +6.53% |
| Q4 2023 | 2023-12-31 | 0.47 | −0.02 | −4.33% |
| Q4 2022 | 2022-12-31 | 0.49 | 0.04 | +8.02% |
| Q4 2021 | 2021-12-31 | 0.45 | 0.05 | +11.77% |
| Q4 2020 | 2020-12-31 | 0.40 | −0.23 | −36.29% |
| Q4 2019 | 2019-12-31 | 0.63 | — | — |
GFL Environmental debt-to-assets ratio trends
Over the last five fiscal years, GFL Environmental's debt-to-assets ratio increased from 0.40 to 0.41, a change of 0.01. The latest reported quarter, Q2 2026, shows 0.47.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review GFL Environmental source filings ↗