GFL Environmental (TSE:GFL) Issues Earnings Results

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

GFL Environmental Price Performance

TSE:GFL opened at C$58.13 on Friday. GFL Environmental has a 52 week low of C$46.12 and a 52 week high of C$71.13. The company has a quick ratio of 0.57, a current ratio of 1.51 and a debt-to-equity ratio of 135.90. The stock has a market capitalization of C$20.98 billion, a PE ratio of 84.25, a price-to-earnings-growth ratio of -0.76 and a beta of 0.07. The stock’s 50-day moving average price is C$52.42 and its 200-day moving average price is C$55.42.

GFL Environmental Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 31st will be given a dividend of $0.0169 per share. The ex-dividend date is Monday, July 13th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.1%. GFL Environmental’s dividend payout ratio (DPR) is 12.33%.

About GFL Environmental

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.