GFL Environmental Inc.
GFLActiveCIK 1780232 · Core Solid Waste & Recycling
N/A
Market data as of N/A
Financials: LTM / latest available company filings
Sources: FMP, GFL filings, SEC EDGAR
$17,413
Market cap ($MM)
$25,870
Enterprise value ($MM)
$6,700
Revenue · LTM ($MM)
$2,020
EBITDA · LTM ($MM)
30%
EBITDA margin
3.9x
EV / revenue
12.0x
EV / EBITDA
NM
Net debt / EBITDA
Coverage
Coverage view
The analytical read on the name and the balance-sheet capacity behind the program.
Key points
- 01GFL is a scaled public consolidator in Solid Waste, a benchmark for how the sub-sector buys, pays, and trades.
- 02The relevant peer set is WM, RSG, WCN, CLH, CWST, MEG.
Balance sheet & capacity
Indicative capacity read: public-market scale of $26B enterprise value against $6.7B revenue.
N/A
Cash & equiv. ($MM)
N/A
Total debt ($MM)
N/A
Net debt ($MM)
NM
Net debt / EBITDA
Valuation
Where it trades against its peer set
GFL versus the scaled public Core Solid Waste & Recycling comparables.
Indexed share-price performance
GFL versus available Core Solid Waste & Recycling peers and SPY.
+9.2%
GFL
N/A
Peer med.
+79%
SPY
Indexed to 100 from May 28, 2021 through May 26, 2026. Source: FMP month-end close history.
| Company | Ticker | Revenue ($MM) | EBITDA ($MM) | Margin | Market cap ($MM) | EV ($MM) | EV / rev | EV / EBITDA | Net debt / EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| GFL Environmental Inc. | GFL | $6,700 | $2,020 | 30% | $17,413 | $25,870 | 3.9x | 12.0x | NM |
Financials via Financial Modeling Prep (SEC-derived TTM). EV/EBITDA distribution: each dot a live peer, band = interquartile range, line = median. Impossible values (EBITDA > revenue, negative-EBITDA multiples) shown NM.
M&A program
A sustained, programmatic tuck-in cadence
GFL's disclosed acquisition footprint and the deals behind it.
Disclosed acquisitions
22
Active years
1
Named deals
N/A
Avg / active year
22.0
Acq. cash outflow ($MM)
N/A
Banker read
- 01GFL reads as a programmatic acquirer: 22 disclosed acquisitions across 1 active years, or 22.0 per active year. The chart shows activity in 1 of the last 1 visible years.
- 02In the last three years, the file shows 22 acquisitions versus 0 in the prior three; recent activity is the visible baseline.
- 03Spend changes the read: $3.9B of disclosed spend is concentrated in lumpy years, with FY20 the largest year at $3.9B. Recent spend is the visible baseline.
Annual acquisitions + disclosed spend
GFL count bars show acquisition cadence; the spend line shows when the program required larger capital deployment.
Program diagnostics
Recent / prior
22 / 0
Last three years sets the visible baseline vs prior three.
Peak count year
FY20
22 disclosed acquisitions in the peak visible year.
Recent spend
$3.9B
sets the visible baseline vs prior three; peak FY20 at $3.9B.
Named evidence
0 rows
0.0% selected source-cited transaction coverage.
Selected transactions
| Date | Target | Segment | Consideration ($MM) | Strategic rationale | Source |
|---|---|---|---|---|---|
| No named transactions clear the quality bar in this snapshot. | |||||
Acquisitions disclosed/extracted from SEC filings; not necessarily full M&A history. Disclosed acquisition cash outflow is cumulative "payments for acquisitions, net of cash acquired" from the 10-K cash-flow statements (a cash outflow, not deal value). Built on 1 SEC-backed facts across 0 cited filings.
Evidence
Source archive
A collapsed investigation trail for the SEC filings behind the financials, annual M&A cadence, named transactions, and management language.
Annual 10-Ks
0
Named deal filings
0
Recent SEC filings
0
Evidence clips
0
Annual 10-K M&A evidenceAccepted annual filings used for disclosed acquisition count and spend.0 rows+-
Named transaction source filingsFilings behind selected named-deal rows and transaction excerpts.0 rows+-
Recent SEC filingsThe latest profile filings, kept separate so someone can investigate beyond M&A.0 rows+-
Evidence clipsShort excerpts used on the page; expand only when you want the language.0 rows+-
Annual M&A counts and disclosed spend are extracted from SEC acquisition disclosures and cash-flow statements; named-deal rows carry direct filing links where the filing identifies the target or consideration.