GFL Environmental Inc. (GFL)

GFL Environmental Income Statement

Financials in millions CAD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	7,516	6,761	5,137	4,196	3,347
Revenue Growth (YoY)	11.15%	31.63%	22.41%	25.38%	173.26%
Cost of Revenue	6,246	5,964	4,663	4,006	3,073
Gross Profit	1,269	797.6	473.7	190.1	273.8
Selling, General & Admin	973.9	730.4	562.7	508.4	396.5
Other Operating Expenses	68	-254.9	351.8	477.2	3.2
Operating Expenses	1,042	475.5	914.5	985.6	399.7
Operating Income	227.5	322.1	-440.8	-795.5	-125.9
Interest Expense / Income	627.2	489.3	432.5	597.6	532.2
Other Expense / Income	-605	320.7	-157.3	-37.3	-48.9
Pretax Income	205.3	-487.9	-716	-1,355.8	-609.2
Income Tax	159.9	-176.1	-109.2	-253.4	-157.5
Net Income	45.4	-311.8	-606.8	-1,102.4	-451.7
Shares Outstanding (Basic)	370	367	362	360	-
Shares Outstanding (Diluted)	370	367	362	360	-
Shares Change	0.68%	1.55%	0.33%	-	-
EPS (Basic)	-0.13	-1.08	-1.83	-3.10	-2.50
EPS (Diluted)	-0.13	-1.08	-1.83	-3.10	-2.50
Free Cash Flow	-12.9	353.5	510.4	89.9	-186
Free Cash Flow Per Share	-0.04	0.96	1.41	0.25	-
Dividend Per Share	0.051	0.047	0.043	0.030	-
Dividend Growth	8.51%	9.30%	43.33%	-	-
Gross Margin	16.89%	11.80%	9.22%	4.53%	8.18%
Operating Margin	3.03%	4.76%	-8.58%	-18.96%	-3.76%
Profit Margin	0.60%	-4.61%	-11.81%	-26.27%	-13.50%
Free Cash Flow Margin	-0.17%	5.23%	9.94%	2.14%	-5.56%
Effective Tax Rate	77.89%	-	-	-	-
EBITDA	2,322	1,527	1,110	479.4	722.4
EBITDA Margin	30.90%	22.58%	21.60%	11.42%	21.58%
Depreciation & Amortization	1,490	1,526	1,393	1,238	799.4
EBIT	832.5	1.4	-283.5	-758.2	-77
EBIT Margin	11.08%	0.02%	-5.52%	-18.07%	-2.30%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).