Gfl Environmental Holdings Inc (GFL) - Net Assets
Based on the latest financial reports, Gfl Environmental Holdings Inc (GFL) has net assets worth CA$7.30 Billion CAD (≈ $5.28 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$19.30 Billion ≈ $13.96 Billion USD) and total liabilities (CA$11.99 Billion ≈ $8.68 Billion USD). 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. Read GFL total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$7.30 Billion |
| % of Total Assets | 37.85% |
| Annual Growth Rate | 39.51% |
| 5-Year Change | 26.43% |
| 10-Year Change | N/A |
| Growth Volatility | 172.12 |
Gfl Environmental Holdings Inc - Net Assets Trend (2017–2025)
This chart illustrates how Gfl Environmental Holdings Inc's net assets have evolved over time, based on quarterly financial data. Also explore GFL current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Gfl Environmental Holdings Inc (2017–2025)
The table below shows the annual net assets of Gfl Environmental Holdings Inc from 2017 to 2025. For live valuation and market cap data, see how much is Gfl Environmental Holdings Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$7.30 Billion ≈ $5.28 Billion |
+1.12% |
| 2024-12-31 | CA$7.22 Billion ≈ $5.22 Billion |
-2.23% |
| 2023-12-31 | CA$7.39 Billion ≈ $5.34 Billion |
+22.21% |
| 2022-12-31 | CA$6.04 Billion ≈ $4.37 Billion |
+4.64% |
| 2021-12-31 | CA$5.78 Billion ≈ $4.18 Billion |
+3.67% |
| 2020-12-31 | CA$5.57 Billion ≈ $4.03 Billion |
+101.30% |
| 2019-12-31 | CA$2.77 Billion ≈ $2.00 Billion |
-13.30% |
| 2018-12-31 | CA$3.19 Billion ≈ $2.31 Billion |
+527.24% |
| 2017-12-31 | CA$508.99 Million ≈ $368.20 Million |
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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 grown by 61117200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$229.50 Million | 3.14% |
| Common Stock | CA$7.01 Billion | 95.97% |
| Other Components | CA$64.90 Million | 0.89% |
| Total Equity | CA$7.30 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 |
|---|---|
|
Suncorp Group Ltd
AU:SUN
|
$13.13 Billion |
|
Graco Inc
NYSE:GGG
|
$13.13 Billion |
|
BridgeBio Pharma Inc
NASDAQ:BBIO
|
$13.14 Billion |
|
Tyler Technologies Inc
NYSE:TYL
|
$13.15 Billion |
|
Pentair plc
F:PNT
|
$13.11 Billion |
|
HMM Co Ltd
KO:011200
|
$13.10 Billion |
|
JBS N.V.
NYSE:JBS
|
$13.09 Billion |
|
Lifco AB (publ)
ST:LIFCO-B
|
$13.09 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 2024 to 2025, total equity changed from 6,978,400,000 to 7,302,800,000, a change of 324,400,000 (4.6%).
- Net income of 3,834,100,000 contributed positively to equity growth.
- Dividend payments of 31,100,000 reduced retained earnings.
- Share repurchases of 2,967,400,000 reduced equity.
- Other comprehensive income decreased equity by 462,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$3.83 Billion | +52.5% |
| Dividends Paid | CA$31.10 Million | -0.43% |
| Share Repurchases | CA$2.97 Billion | -40.63% |
| Other Comprehensive Income | CA$-462.60 Million | -6.33% |
| Other Changes | CA$-48.60 Million | -0.67% |
| Total Change | CA$- | 4.65% |
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: 2.88x
- 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 58.58x to 2.88x 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 | CA$0.89 | CA$52.36 | x |
| 2018-12-31 | CA$9.86 | CA$52.36 | x |
| 2019-12-31 | CA$15.33 | CA$52.36 | x |
| 2020-12-31 | CA$15.68 | CA$52.36 | x |
| 2021-12-31 | CA$15.98 | CA$52.36 | x |
| 2022-12-31 | CA$16.44 | CA$52.36 | x |
| 2023-12-31 | CA$19.42 | CA$52.36 | x |
| 2024-12-31 | CA$18.32 | CA$52.36 | x |
| 2025-12-31 | CA$18.20 | CA$52.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gfl Environmental Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 52.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 57.95%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.64x
- Recent ROE (52.50%) is above the historical average (-4.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -19.84% | -7.58% | 0.39x | 6.77x | CA$-151.88 Million |
| 2018 | -15.14% | -26.09% | 0.17x | 3.47x | CA$-802.60 Million |
| 2019 | -16.32% | -13.49% | 0.27x | 4.45x | CA$-728.44 Million |
| 2020 | -19.79% | -26.27% | 0.27x | 2.82x | CA$-1.66 Billion |
| 2021 | -10.51% | -11.81% | 0.28x | 3.18x | CA$-1.18 Billion |
| 2022 | -5.16% | -4.61% | 0.34x | 3.27x | CA$-915.52 Million |
| 2023 | 0.63% | 0.60% | 0.38x | 2.77x | CA$-672.31 Million |
| 2024 | -10.36% | -9.19% | 0.37x | 3.04x | CA$-1.42 Billion |
| 2025 | 52.50% | 57.95% | 0.34x | 2.64x | CA$3.10 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: $17,434,785
- Average return on equity (ROE) among peers: -93.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gfl Environmental Holdings Inc (GFL) | CA$7.30 Billion | -19.84% | 1.64x | $13.11 Billion |
| Anaergia Inc (ANRG) | $73.59 Million | -248.13% | 2.79x | $368.32 Million |
| BluMetric Environmental Inc (BLM) | $5.24 Million | 50.77% | 1.77x | $37.91 Million |
| BQE Water Inc (BQE) | $12.64 Million | 9.19% | 0.27x | $77.33 Million |
| Cielo Waste Solutions Corp (CMC) | $-5.96 Million | 0.00% | 0.00x | $11.53 Million |
| Ecolomondo Corp (ECM) | $667.82K | -273.94% | 45.45x | $25.43 Million |
| EverGen Infrastructure Corp (EVGN) | $42.00 Million | -39.83% | 0.85x | $7.22 Million |
| Earthworks Industries Inc (EWK) | $935.33K | -51.30% | 1.18x | $2.85 Million |
| Green Impact Partners Inc (GIP) | $25.45 Million | -9.65% | 2.25x | $34.93 Million |
| Northstar Clean Technologies Inc (ROOF) | $2.36 Million | -279.92% | 1.06x | $21.31 Million |
About 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