GFL Environmental annual net debt
2019
2020
2021
2022
2023
2024
2025
GFL Environmental Net Debt Growth & History (GFL)
GFL Environmental's net debt was $7.85B for fiscal 2025.
View full GFL Environmental company overviewGFL Environmental annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.85B | −$2.56B | −24.63% |
| 2024 | 2024-12-31 | $10.41B | $1.27B | +13.87% |
| 2023 | 2023-12-31 | $9.14B | −$419.3M | −4.38% |
| 2022 | 2022-12-31 | $9.56B | $1.44B | +17.78% |
| 2021 | 2021-12-31 | $8.12B | $1.79B | +28.27% |
| 2020 | 2020-12-31 | $6.33B | −$912.3M | −12.60% |
| 2019 | 2019-12-31 | $7.24B | — | — |
GFL Environmental quarterly net debt
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.95B | $2.88B | +40.74% |
| Q1 2026 | 2026-03-31 | $8.40B | — | — |
| Q4 2025 | 2025-12-31 | $7.85B | −$2.56B | −24.63% |
| Q3 2025 | 2025-09-30 | $7.68B | — | — |
| Q2 2025 | 2025-06-30 | $7.07B | — | — |
| Q4 2024 | 2024-12-31 | $10.41B | $1.27B | +13.87% |
| Q4 2023 | 2023-12-31 | $9.14B | −$419.3M | −4.38% |
| Q4 2022 | 2022-12-31 | $9.56B | $1.44B | +17.78% |
| Q4 2021 | 2021-12-31 | $8.12B | $1.79B | +28.27% |
| Q4 2020 | 2020-12-31 | $6.33B | — | — |
GFL Environmental net debt trends
Over the last five fiscal years, GFL Environmental's net debt increased from $6.33B to $7.85B, a change of $1.52B. The latest reported quarter, Q2 2026, shows $9.95B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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