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GFL EnvironmentalGFL -2.24%63 Equity-to-Asset is 0.34 as of Jun. 2026, which is 3% below its 10-year median of 0.35. GuruFocus rates GFL with a GF Score™ of 63/100 and a GF Value™ of $45.14 (Fairly Valued). The stock has 8 warning signs investors should review. Among 248 Waste Management companies, GFL Environmental ranks worse than 70.97% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GFL Environmental's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $5,243 Mil. GFL Environmental's Total Assets for the quarter that ended in Jun. 2026 was $15,341 Mil.
Therefore, GFL Environmental's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.34.
The historical rank and industry rank for GFL Environmental's Equity-to-Asset or its related term are showing as below:
GFL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.35 Max: 0.45
Current: 0.34
During the past 10 years, the highest Equity to Asset Ratio of GFL Environmental was 0.45. The lowest was 0.15. And the median was 0.35.
GFL's Equity-to-Asset is ranked worse than 70.97% of 248
companies
in the Waste Management industry
Industry Median: 0.44
vs GFL: 0.34
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
GFL Environmental Equity-to-Asset Related Terms
GFL Environmental Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for GFL Environmental's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GFL vs CLH, CWST, SGLA: Equity-to-Asset Comparison
For the Waste Management subindustry, GFL Environmental's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
GFL Environmental Equity-to-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, GFL Environmental's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where GFL Environmental's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
GFL Environmental's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GFL Environmental (GFL) has a Equity-to-Asset of 0.34 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GFL Environmental and its competitors. This is near median its historical median of 0.35. Over the past decade, GFL Environmental's Equity-to-Asset has ranged from 0.15 to 0.45. According to the industry distribution chart, GFL Environmental ranks #176 out of 248 companies in the Waste Management industry, placing it in the top 71%.
Is GFL Environmental's Equity-to-Asset too high?
GFL Environmental's current Equity-to-Asset of 0.34 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.45. The Waste Management industry median Equity-to-Asset is 0.44. GFL Environmental's value of 0.34 is 22.7% below this industry median. Based on the distribution chart, GFL Environmental ranks #176 out of 248 companies in the Waste Management industry, which is below the industry midpoint. Overall, GFL Environmental has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GFL Environmental's Equity-to-Asset compare to CLH and CWST?
According to the Waste Management industry distribution chart, GFL Environmental ranks #176 out of 248 companies for Equity-to-Asset. This places GFL Environmental in the lower half of its industry. The industry median Equity-to-Asset is 0.44. GFL Environmental's value of 0.34 is 22.7% below this benchmark. Historically, GFL Environmental's own Equity-to-Asset has ranged from 0.15 to 0.45 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.44, GFL Environmental has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.44, based on 248 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GFL Environmental's current Equity-to-Asset of 0.34 is 22.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GFL Environmental and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFL Environmental's current Equity-to-Asset is 0.34, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFL Environmental stock overvalued right now?
Based on GuruFocus' analysis, GFL Environmental (GFL) is currently considered Fairly Valued. The stock's GF Value™ is $45.14, compared to a current price of $41.91 — trading 7.2% below its estimated fair value. The current Equity-to-Asset is 0.34, which is near median its 10-year median of 0.35 and 22.7% below the Waste Management industry median of 0.44. GFL Environmental's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For GFL Environmental (GFL), the current Equity-to-Asset is 0.34 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is GFL Environmental (GFL) Overvalued in 2026?
Based on GuruFocus' analysis, GFL Environmental stock appears to be undervalued.
The current stock price of $41.91 is trading 7.2% below its estimated GF Value™ of $45.14.
GuruFocus considers GFL Environmental to be Fairly Valued.
Key valuation signals for GFL:
Equity-to-Asset: 0.34 (near median its 10-year median of 0.35)
GF Value™: $45.14 vs. price of $41.91 (7.2% below fair value)
Industry Position: 22.7% below the Waste Management median (#176 of 248)
No single metric tells the full story. See the GFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. The company's geographical segments are Canada and the United States. The company derives the majority of its revenue from the United States.
63GF Score
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