Gfl Environmental Holdings Inc
GFL Environmental Inc. provides non-hazardous solid waste management and environmental services in Canada and the United States. The company operates through Solid Waste and Environmental Services segments. It offers hauling, landfill, transfer, and material recovery facilities; and liquid waste management and soil remediation services, including collection, transportation, transfer, recycling, a… Read more
Gfl Environmental Holdings Inc (GFL) - Net Assets
Latest net assets as of September 2025: $5.60 Billion USD
Based on the latest financial reports, Gfl Environmental Holdings Inc (GFL) has net assets worth $5.60 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.90 Billion) and total liabilities ($8.29 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.60 Billion |
| % of Total Assets | 40.33% |
| Annual Growth Rate | 46.06% |
| 5-Year Change | 29.61% |
| 10-Year Change | N/A |
| Growth Volatility | 181.19 |
Gfl Environmental Holdings Inc - Net Assets Trend (2017–2024)
This chart illustrates how Gfl Environmental Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gfl Environmental Holdings Inc (2017–2024)
The table below shows the annual net assets of Gfl Environmental Holdings Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.22 Billion | -2.23% |
| 2023-12-31 | $7.39 Billion | +22.21% |
| 2022-12-31 | $6.04 Billion | +4.64% |
| 2021-12-31 | $5.78 Billion | +3.67% |
| 2020-12-31 | $5.57 Billion | +101.30% |
| 2019-12-31 | $2.77 Billion | -13.30% |
| 2018-12-31 | $3.19 Billion | +527.24% |
| 2017-12-31 | $508.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gfl Environmental Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 319182800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.94 Billion | 142.41% |
| Other Comprehensive Income | $462.60 Million | 6.63% |
| Other Components | $151.30 Million | 2.17% |
| Total Equity | $6.98 Billion | 100.00% |
Gfl Environmental Holdings Inc Competitors by Market Cap
The table below lists competitors of Gfl Environmental Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZTE Corp-H
PINK:ZTCOF
|
$11.14 Billion |
|
IAMGold Corporation
NYSE:IAG
|
$11.14 Billion |
|
Pinnacle West Capital Corp
NYSE:PNW
|
$11.14 Billion |
|
Joint Stock Commercial Bank for Investment and Development of Vietnam
VN:BID
|
$11.18 Billion |
|
Swiss Re Ltd
PINK:SSREY
|
$11.08 Billion |
|
Postal Savings Bank of China Co. Ltd
PINK:PSBKF
|
$11.06 Billion |
|
ABN AMRO Bank N.V
PINK:AAVMY
|
$11.03 Billion |
|
BridgeBio Pharma Inc
NASDAQ:BBIO
|
$11.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gfl Environmental Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,177,100,000 to 6,978,400,000, a change of -198,700,000 (-2.8%).
- Net loss of 722,700,000 reduced equity.
- Dividend payments of 28,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 447,500,000.
- Other factors increased equity by 104,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-722.70 Million | -10.36% |
| Dividends Paid | $28.20 Million | -0.4% |
| Other Comprehensive Income | $447.50 Million | +6.41% |
| Other Changes | $104.70 Million | +1.5% |
| Total Change | $- | -2.77% |
Book Value vs Market Value Analysis
This analysis compares Gfl Environmental Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 27.21x to 2.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $1.56 | $42.43 | x |
| 2018-12-31 | $10.17 | $42.43 | x |
| 2019-12-31 | $8.81 | $42.43 | x |
| 2020-12-31 | $15.46 | $42.43 | x |
| 2021-12-31 | $15.98 | $42.43 | x |
| 2022-12-31 | $16.44 | $42.43 | x |
| 2023-12-31 | $19.42 | $42.43 | x |
| 2024-12-31 | $18.32 | $42.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gfl Environmental Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.19%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 3.04x
- Recent ROE (-10.36%) is above the historical average (-11.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -19.84% | -7.58% | 0.39x | 6.77x | $-151.88 Million |
| 2018 | -15.14% | -26.09% | 0.17x | 3.47x | $-802.60 Million |
| 2019 | -12.58% | -13.49% | 0.21x | 4.45x | $-625.09 Million |
| 2020 | -19.79% | -26.27% | 0.27x | 2.82x | $-1.66 Billion |
| 2021 | -10.51% | -11.81% | 0.28x | 3.18x | $-1.18 Billion |
| 2022 | -5.16% | -4.61% | 0.34x | 3.27x | $-915.52 Million |
| 2023 | 0.63% | 0.60% | 0.38x | 2.77x | $-672.31 Million |
| 2024 | -10.36% | -9.19% | 0.37x | 3.04x | $-1.42 Billion |
Industry Comparison
This section compares Gfl Environmental Holdings Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gfl Environmental Holdings Inc (GFL) | $5.60 Billion | -19.84% | 1.48x | $11.12 Billion |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |