CRLBF vs CRON vs TLRY Stock Comparison

Cresco Labs, Cronos and Tilray Brands Prices as of Oct 26, 2026 Peers: Industry group
CRLBF Cresco Labs Inc.
$0.64 -14.7% 1M -47.5% 1Y
Market cap
$220.10M
P/E
–
Revenue (TTM)
$651.13M
Div. yield
–
Cannabis Consumer Staples
1 win
CRON Cronos Group Inc.
$3.31 -0.9% 1M +31.3% 1Y
Market cap
$1.26B
P/E
18.1x
Revenue (TTM)
$236.78M
Div. yield
–
Cannabis Consumer Staples
7 wins
TLRY Tilray Brands, Inc.
$2.72 -34.1% 1M -81.7% 1Y
Market cap
$368.02M
P/E
–
Revenue (TTM)
$963.10M
Div. yield
–
Cannabis Consumer Staples

Head to Head

8 decided of 12

Cronos leads on 7 of the 12 questions below (Cronos 7, Cresco Labs 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCRLBFCRONTLRYLeader
Larger companyMarket capitalisation $220.10M $1.26B $368.02M CRON
Cheaper on earningsLower P/E, profitable companies only -2.1x 18.1x -2.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 20.7x — –
Faster revenue growthRevenue growth, trailing twelve months -5.0% +36.1% +15.9% CRON
More profitableNet margin, trailing twelve months -16.1% 29.6% -17.1% CRON
Better return on capitalReturn on invested capital -4.4% — -5.0% CRLBF
Less leveragedLower net debt / EBITDA 22.4x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -47.5% +31.3% -81.7% CRON
Better 5-year returnAnnualised price return, 5 years -39.1%/yr -9.0%/yr -51.7%/yr CRON
Less volatileAnnualised volatility, 1 year 122.9% 39.4% 77.8% CRON
Higher overall scoreMean of the five percentile scores vs peers 37/100 88/100 46/100 CRON

Percentile Scorecard

CRLBFCRONTLRY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCRLBFCRONTLRY
Valuation 73 #11 of 38 70 #12 of 38 41 #23 of 38
Growth 9 #32 of 35 100 #1 of 35 74 #10 of 35
Profitability 51 #18 of 36 77 #9 of 36 31 #25 of 36
Financial Health 16 #33 of 39 100 #1 of 39 76 #10 of 39
Shareholder Returns – 92 #2 of 13 8 #12 of 13
Overall 37 88 46
  • CRLBF ranked among 40 companies in Tobacco and Cannabis
  • CRON ranked among 40 companies in Tobacco and Cannabis
  • TLRY ranked among 40 companies in Tobacco and Cannabis

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCRLBFCRONTLRYSPY
1 month -14.7%-0.9%-34.1% -0.8%
3 months -5.9%+15.7%-32.5% +3.5%
6 months -46.2%+22.6%-60.5% +7.0%
Year to date -48.0%+25.9%-69.9% +12.2%
1 year -47.5%+31.3%-81.7% +13.0%
3 years -44.8%+92.4%-84.1% +86.3%
3 years, per year -18.0%+24.4%-45.8% +23.1%
5 years -91.6%-37.4%-97.4% +68.6%
5 years, per year -39.1%-9.0%-51.7% +11.0%

Risk

MeasureCRLBFCRONTLRYSPY
Volatility, 1Y 122.9%39.4%77.8% 12.7%
Downside volatility, 1Y 112.3%36.1%70.5% 12.7%
Beta vs S&P 500, 1Y 1.510.601.57 1.00
Return / volatility, 1Y -0.390.80-1.05 1.02
Max drawdown, 5Y -95.5%-75.9%-97.9% -25.4%
From 52-week high -66.7%-6.8%-81.5% -1.8%
52-week high $1.92$3.55$14.70 $779.14
52-week low $0.59$2.30$2.72 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCRLBFCRONTLRY
P/E now vs peer median -2.2xmedian 16.5x 17.7xmedian 16.5x -2.2xmedian 16.5x
P/S now vs peer median 0.3xmedian 0.9x 5.2xmedian 0.9x 0.4xmedian 0.9x
EV/EBITDA now vs peer median 35.1xmedian 12.3x 36.3xmedian 12.3x —median 12.3x
P/FCF now vs peer median 36.4xmedian 23.1x 24.6xmedian 23.1x -3.4xmedian 23.1x
P/B now vs peer median 0.9xmedian 1.0x 1.1xmedian 1.0x 0.2xmedian 1.0x
PEG now vs peer median -0.07median 0.56 0.50median 0.56 -0.04median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCRLBFCRONTLRY
Revenue $651.13M $236.78M $963.10M
Gross profit $325.08M $82.13M $280.48M
Operating income -$33.18M -$2.43M -$89.17M
Net income -$112.56M $77.88M -$146.70M
Free cash flow $6.24M $49.82M -$118.82M
R&D – $5.36M $409.00K
EPS (diluted) $-0.30 $0.19 $-1.23
Cash & equivalents $32.87M $467.02M $218.34M
Total debt $1.76B – $201.42M
Shares (diluted) 355.01M 375.06M 133.34M
Enterprise value $51.57M -$2.01B -$599.48M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCRLBFCRONTLRY
P/E -2.2x 17.7x -2.2x
P/FCF 36.4x 24.6x -3.4x
P/Operating cash flow 5.2x 20.4x -4.8x
P/S 0.3x 5.2x 0.4x
P/B 0.9x 1.1x 0.2x
P/Tangible book -3.9x 1.1x 0.3x
EV/EBITDA 35.1x 36.3x –
EV/EBIT -18.8x -177.1x -4.3x
EV/Revenue 1.0x 1.8x 0.4x
EV/FCF 100.3x 8.6x -3.2x
EV/Operating cash flow 14.4x 7.2x -4.5x
PEG (3Y EPS CAGR) -0.07 0.50 -0.04

Growth

14 metrics
MetricCRLBFCRONTLRY
Revenue growth (1Y) -5.0% 36.1% 15.9%
Revenue CAGR (3Y) -6.7% 30.1% 14.0%
Gross profit growth (1Y) -4.2% 92.5% 17.7%
Gross profit CAGR (3Y) -3.3% 98.9% 25.3%
Operating income growth (1Y) -144.0% 95.5% 96.0%
Operating income CAGR (3Y) 37.3% 70.6% 59.9%
Net income growth (1Y) -123.6% 264.6% 93.2%
Net income CAGR (3Y) 23.9% 36.5% 53.2%
EPS growth (1Y) -150.2% 288.8% 93.9%
EPS CAGR (3Y) 29.6% 35.6% 61.1%
Operating cash flow growth (1Y) -63.3% 199.9% -39.1%
Operating cash flow CAGR (3Y) 2.6% 37.8% -61.3%
Free cash flow growth (1Y) -95.7% 651.8% -23.3%
Free cash flow CAGR (3Y) -62.6% 35.7% -109.9%

Profitability

14 metrics
MetricCRLBFCRONTLRY
Gross margin 49.9% 34.7% 29.1%
EBITDA margin 2.7% 5.0% –
Operating margin -5.1% -1.0% -9.3%
Pretax margin -15.9% 28.9% -13.0%
Net margin -16.1% 29.6% -17.1%
FCF margin 1.0% 21.0% -12.3%
Operating cash flow margin 6.7% 25.4% -8.8%
Return on equity -59.3% 7.1% -9.1%
Return on assets -12.2% 6.7% -6.3%
Return on invested capital -4.4% – -5.0%
Return on capital employed -3.0% -0.2% -4.7%
Asset turnover 0.5x 0.2x 0.4x
Cash conversion (OCF / net income) -0.4x 0.8x 0.6x
Stock comp / revenue 2.3% 2.7% 4.9%

Financial Health

11 metrics
MetricCRLBFCRONTLRY
Debt / assets 34.1% – 8.7%
Debt / equity 1.6x – 0.1x
Net debt / EBITDA 22.4x – –
Debt / FCF 69.1x – -1.7x
Liabilities / assets 79.2% 5.3% 30.3%
Equity / assets 20.8% 94.7% 69.7%
Interest coverage – – –
Current ratio 1.8x 16.2x 1.9x
Quick ratio 0.5x 14.8x 1.0x
Cash ratio 0.2x 14.1x 0.5x
Altman Z-score -0.99 13.44 -2.19

Shareholder Returns

7 metrics
MetricCRLBFCRONTLRY
Dividend yield – – –
Net buyback yield – 3.2% -39.8%
Shareholder yield – 3.2% -39.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCRLBFCRONTLRY
Forward P/E – 20.7xFY2026 –
EPS, next fiscal year $-0.03FY2026 $0.16FY2026 $-0.55FY2026
EPS growth, the year after – +18.8% –
Revenue, next fiscal year $637.07MFY2026 $206.33MFY2026 $1.13BFY2026
Revenue growth, next FY -2.9%FY2026 +40.7%FY2026 +23.7%FY2026
Revenue growth, the year after +3.0% +26.5% -0.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCRLBFCRONTLRY
Held by institutions 0.0% 12.8% 10.6%
Institutions holding 6 195 235
Change in shares held, QoQ -17.9% -2.5% +33.7%
Institutions buying 2 71 111
Institutions selling 0 41 54
Buyers to sellers – 1.73 2.06

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CRLBFCRONTLRY
CRLBF 1.00 0.52 0.64
CRON 0.52 1.00 0.58
TLRY 0.64 0.58 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CRLBF, CRON and TLRY?

Cronos (CRON) is the largest by market capitalisation: Cresco Labs (CRLBF) $220.10M, Cronos (CRON) $1.26B, Tilray Brands (TLRY) $368.02M.

Which company is growing faster?

Cronos (CRON) grew revenue fastest over the trailing twelve months: Cresco Labs (CRLBF) -5.0%, Cronos (CRON) +36.1%, Tilray Brands (TLRY) +15.9%.

Which company is more profitable?

Cronos (CRON) has the highest net margin (Cresco Labs (CRLBF) -16.1%, Cronos (CRON) 29.6%, Tilray Brands (TLRY) -17.1%). On return on invested capital, Cresco Labs (CRLBF) leads (Cresco Labs (CRLBF) -4.4%, Tilray Brands (TLRY) -5.0%).

Which stock has performed better?

Over the past year Cronos (CRON) returned the most: Cresco Labs (CRLBF) -47.5%, Cronos (CRON) +31.3%, Tilray Brands (TLRY) -81.7%. Over five years, Cronos (CRON) compounded fastest (Cresco Labs (CRLBF) -39.1%/yr, Cronos (CRON) -9.0%/yr, Tilray Brands (TLRY) -51.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Cronos (CRON) has been the steadiest (Cresco Labs (CRLBF) 122.9%, Cronos (CRON) 39.4%, Tilray Brands (TLRY) 77.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CRLBF, CRON and TLRY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cronos (CRON) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.