GFL Environmental (TSE:GFL) Announces Quarterly Earnings Results

GFL Environmental (TSE:GFL) issued its quarterly earnings data on Wednesday. The company reported C$0.19 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$1.95 billion during the quarter. GFL Environmental had a return on equity of 3.01% and a net margin of 3.12%.

GFL Environmental Price Performance

Shares of GFL Environmental stock traded up C$1.37 during trading on Wednesday, reaching C$56.63. The company’s stock had a trading volume of 879,997 shares, compared to its average volume of 621,456. The stock has a 50-day moving average price of C$52.13 and a two-hundred day moving average price of C$55.45. The stock has a market capitalization of C$20.44 billion, a P/E ratio of 82.07, a price-to-earnings-growth ratio of -0.76 and a beta of 0.07. The company has a current ratio of 1.51, a quick ratio of 0.57 and a debt-to-equity ratio of 135.90. GFL Environmental has a one year low of C$46.12 and a one year high of C$71.13.

GFL Environmental Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 31st will be issued a $0.0169 dividend. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, July 13th. GFL Environmental’s payout ratio is currently 12.33%.

GFL Environmental Company Profile

GFL is the fourth largest diversified environmental services company in North America, providing comprehensive solid waste management services from its platform of facilities throughout Canada and 18 U.S. states. GFL has a workforce of more than 15,000 employees across its organization.