Is GFL Environmental Inc. (GFL) Halal?

NYSE Industrials United States $14.0B
✗ NOT HALAL
Confidence: 90/100
GFL Environmental Inc. (GFL) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 49.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. GFL Environmental Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 49.7%
/ 30%
0.5%
/ 30%
5.6%
/ 30%
5.92%
/ 5%
✗ NOT HALAL
DJIM 49.7%
/ 33%
0.5%
/ 33%
5.6%
/ 33%
5.92%
/ 5%
✗ NOT HALAL
MSCI 41.1%
/ 33%
0.4%
/ 33%
4.7%
/ 33%
5.92%
/ 5%
✗ NOT HALAL
S&P 49.7%
/ 33%
0.5%
/ 33%
5.6%
/ 33%
5.92%
/ 5%
✗ NOT HALAL
FTSE 41.1%
/ 33%
0.4%
/ 33%
4.7%
/ 50%
5.92%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
95.0
Forward: 40.7
EPS
$0.41
Dividend Yield
16.0%
Payout: 15.1%
P/B Ratio
2.7
EV/EBITDA
13.5
EV: $22.0B
Revenue
$6.6B
Growth: 7.3%
Beta
0.5
Low volatility
Current Ratio
0.6

Profitability

Gross Margin 20.7%
Operating Margin 6.4%
Net Margin 58.0%
Return on Equity (ROE) 3.3%
Return on Assets (ROA) 1.2%

Cash Flow & Balance Sheet

Operating Cash Flow$1.3B
Free Cash Flow$175M
Total Debt$7.9B
Debt-to-Equity106.0
Current Ratio0.6
Total Assets$19.3B

Price & Trading

Last Close$39.77
50-Day MA$42.92
200-Day MA$45.68
Avg Volume1.6M
Beta0.5
52-Week Range
$38.60
$52.00

About GFL Environmental Inc. (GFL)

CEO
Mr. Patrick Dovigi
Employees
14,850
Website
Sector
Industrials
Industry
Waste Management
Country
United States
Exchange
NYSE
Market Cap
$14.0B
Currency
USD

GFL Environmental Inc. provides non-hazardous solid waste management services in Canada and the United States. It offers solid waste management services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, commercial, and industrial customers. The company was incorporated in 2007 and is headquartered in Miami Beach, Florida.

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Frequently Asked Questions

Is GFL Environmental Inc. (GFL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), GFL Environmental Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is GFL Environmental Inc.'s debt ratio?

GFL Environmental Inc.'s debt ratio is 49.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 41.1%.

What are GFL Environmental Inc.'s key financial metrics?

GFL Environmental Inc. has a market capitalization of $14.0B, trailing P/E ratio of 95.0, and revenue of $6.6B. The company maintains a gross margin of 20.7% and a net margin of 58.0%. Return on equity stands at 3.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.