CRLBF vs CRON vs TRLV Stock Comparison

Cresco Labs, Cronos and Trulieve Cannabis Prices as of Oct 27, 2026 Peers: Industry group
CRLBF Cresco Labs Inc.
$0.62 -17.3% 1M -50.0% 1Y
Market cap
$220.10M
P/E
–
Revenue (TTM)
$651.13M
Div. yield
–
Cannabis Consumer Staples
1 win
CRON Cronos Group Inc.
$3.38 +1.2% 1M +36.8% 1Y
Market cap
$1.25B
P/E
18.0x
Revenue (TTM)
$236.78M
Div. yield
–
Cannabis Consumer Staples
5 wins

Head to Head

9 decided of 12

Cronos leads on 5 of the 12 questions below (Cronos 5, Trulieve Cannabis 3, Cresco Labs 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCRLBFCRONTRLVLeader
Larger companyMarket capitalisation $220.10M $1.25B $2.05B TRLV
Cheaper on earningsLower P/E, profitable companies only -2.1x 18.0x -4.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 21.1x — –
Faster revenue growthRevenue growth, trailing twelve months -5.0% +36.1% -3.9% CRON
More profitableNet margin, trailing twelve months -16.1% 29.6% -41.6% CRON
Better return on capitalReturn on invested capital -4.4% — -24.2% CRLBF
Less leveragedLower net debt / EBITDA 22.4x — 0.8x TRLV
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months -50.0% +36.8% +45.6% TRLV
Better 5-year returnAnnualised price return, 5 years -39.3%/yr -8.5%/yr -16.1%/yr CRON
Less volatileAnnualised volatility, 1 year 122.7% 39.4% 102.0% CRON
Higher overall scoreMean of the five percentile scores vs peers 38/100 88/100 53/100 CRON

Percentile Scorecard

CRLBFCRONTRLV

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

AxisCRLBFCRONTRLV
Valuation 76 #10 of 38 70 #12 of 38 54 #18 of 38
Growth 9 #32 of 35 100 #1 of 35 38 #22 of 35
Profitability 51 #18 of 36 77 #9 of 36 40 #22 of 36
Financial Health 16 #33 of 39 100 #1 of 39 82 #8 of 39
Shareholder Returns – 92 #2 of 13 –
Overall 38 88 53
  • CRLBF ranked among 40 companies in Tobacco and Cannabis
  • CRON ranked among 40 companies in Tobacco and Cannabis
  • TRLV 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

PeriodCRLBFCRONTRLVSPY
1 month -17.3%+1.2%-12.6% -0.2%
3 months -4.6%+18.6%+27.5% +3.9%
6 months -42.6%+27.5%+5.9% +8.2%
Year to date -49.6%+28.5%+22.8% +12.9%
1 year -50.0%+36.8%+45.6% +12.3%
3 years -46.6%+96.5%+177.1% +87.4%
3 years, per year -18.9%+25.3%+40.5% +23.3%
5 years -91.7%-36.0%-58.5% +67.9%
5 years, per year -39.3%-8.5%-16.1% +10.9%

Risk

MeasureCRLBFCRONTRLVSPY
Volatility, 1Y 122.7%39.4%102.0% 12.7%
Downside volatility, 1Y 111.9%36.1%86.8% 12.7%
Beta vs S&P 500, 1Y 1.500.610.97 1.00
Return / volatility, 1Y -0.410.940.45 0.97
Max drawdown, 5Y -95.5%-75.9%-89.6% -25.4%
From 52-week high -67.7%-4.8%-17.9% -1.2%
52-week high $1.92$3.55$13.00 $779.14
52-week low $0.59$2.30$4.76 $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.

MultipleCRLBFCRONTRLV
P/E now vs peer median -2.1xmedian 16.7x 18.0xmedian 16.7x -4.3xmedian 16.7x
P/S now vs peer median 0.3xmedian 0.9x 5.3xmedian 0.9x 1.8xmedian 0.9x
EV/EBITDA now vs peer median 34.7xmedian 12.9x 38.4xmedian 12.9x -11.8xmedian 12.9x
P/FCF now vs peer median 35.3xmedian 23.2x 25.2xmedian 23.2x 10.1xmedian 23.2x
P/B now vs peer median 0.8xmedian 1.0x 1.1xmedian 1.0x 2.7xmedian 1.0x
PEG now vs peer median -0.07median 0.57 0.51median 0.57 -0.39median 0.57

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 monthsCRLBFCRONTRLV
Revenue $651.13M $236.78M $1.14B
Gross profit $325.08M $82.13M $677.39M
Operating income -$33.18M -$2.43M -$277.26M
Net income -$112.56M $77.88M -$476.16M
Free cash flow $6.24M $49.82M $202.56M
R&D – $5.36M –
EPS (diluted) $-0.30 $0.19 $-2.46
Cash & equivalents $32.87M $467.02M $325.42M
Total debt $1.76B – $188.12M
Shares (diluted) 355.01M 375.06M 192.71M
Enterprise value -$43.77M -$1.97B $668.32M

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
MetricCRLBFCRONTRLV
P/E -2.1x 18.0x -4.3x
P/FCF 35.3x 25.2x 10.1x
P/Operating cash flow 5.1x 20.9x 8.4x
P/S 0.3x 5.3x 1.8x
P/B 0.8x 1.1x 2.7x
P/Tangible book -3.8x 1.1x 4.4x
EV/EBITDA 34.7x 38.4x -11.8x
EV/EBIT -18.6x -187.8x -6.9x
EV/Revenue 0.9x 1.9x 1.7x
EV/FCF 99.1x 9.2x 9.5x
EV/Operating cash flow 14.2x 7.6x 7.8x
PEG (3Y EPS CAGR) -0.07 0.51 -0.39

Growth

14 metrics
MetricCRLBFCRONTRLV
Revenue growth (1Y) -5.0% 36.1% -3.9%
Revenue CAGR (3Y) -6.7% 30.1% -0.6%
Gross profit growth (1Y) -4.2% 92.5% -6.8%
Gross profit CAGR (3Y) -3.3% 98.9% 3.1%
Operating income growth (1Y) -144.0% 95.5% -415.5%
Operating income CAGR (3Y) 37.3% 70.6% 2.2%
Net income growth (1Y) -123.6% 264.6% -174.8%
Net income CAGR (3Y) 23.9% 36.5% 10.8%
EPS growth (1Y) -150.2% 288.8% -181.8%
EPS CAGR (3Y) 29.6% 35.6% 11.0%
Operating cash flow growth (1Y) -63.3% 199.9% 23.3%
Operating cash flow CAGR (3Y) 2.6% 37.8% 187.2%
Free cash flow growth (1Y) -95.7% 651.8% 151.3%
Free cash flow CAGR (3Y) -62.6% 35.7% 63.2%

Profitability

14 metrics
MetricCRLBFCRONTRLV
Gross margin 49.9% 34.7% 59.5%
EBITDA margin 2.7% 5.0% -14.3%
Operating margin -5.1% -1.0% -24.3%
Pretax margin -15.9% 28.9% -28.6%
Net margin -16.1% 29.6% -41.6%
FCF margin 1.0% 21.0% 17.8%
Operating cash flow margin 6.7% 25.4% 21.5%
Return on equity -59.3% 7.1% -49.7%
Return on assets -12.2% 6.7% -19.6%
Return on invested capital -4.4% – -24.2%
Return on capital employed -3.0% -0.2% -11.9%
Asset turnover 0.5x 0.2x 0.5x
Cash conversion (OCF / net income) -0.4x 0.8x -0.5x
Stock comp / revenue 2.3% 2.7% 1.8%

Financial Health

11 metrics
MetricCRLBFCRONTRLV
Debt / assets 34.1% – 9.1%
Debt / equity 1.6x – 0.2x
Net debt / EBITDA 22.4x – 0.8x
Debt / FCF 69.1x – 0.9x
Liabilities / assets 79.2% 5.3% 63.1%
Equity / assets 20.8% 94.7% 36.9%
Interest coverage – – -4.9x
Current ratio 1.8x 16.2x 5.9x
Quick ratio 0.5x 14.8x 3.7x
Cash ratio 0.2x 14.1x 3.4x
Altman Z-score -1.00 13.69 0.43

Shareholder Returns

7 metrics
MetricCRLBFCRONTRLV
Dividend yield – – –
Net buyback yield – 3.1% –
Shareholder yield – 3.1% –
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.

ConsensusCRLBFCRONTRLV
Forward P/E – 21.1xFY2026 –
EPS, next fiscal year $-0.03FY2026 $0.16FY2026 $-1.76FY2026
EPS growth, the year after – +18.8% –
Revenue, next fiscal year $637.07MFY2026 $206.33MFY2026 $965.24MFY2026
Revenue growth, next FY -2.9%FY2026 +40.7%FY2026 -18.2%FY2026
Revenue growth, the year after +3.0% +26.5% -0.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCRLBFCRONTRLV
Held by institutions 0.0% 12.8% 18.1%
Institutions holding 6 195 123
Change in shares held, QoQ -17.9% -2.5% –
Institutions buying 2 71 119
Institutions selling 0 41 1
Buyers to sellers – 1.73 119.00

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.

CRLBFCRONTRLV
CRLBF 1.00 0.52 0.83
CRON 0.52 1.00 0.51
TRLV 0.83 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CRLBF, CRON and TRLV?

Trulieve Cannabis (TRLV) is the largest by market capitalisation: Cresco Labs (CRLBF) $220.10M, Cronos (CRON) $1.25B, Trulieve Cannabis (TRLV) $2.05B.

Which company is growing faster?

Cronos (CRON) grew revenue fastest over the trailing twelve months: Cresco Labs (CRLBF) -5.0%, Cronos (CRON) +36.1%, Trulieve Cannabis (TRLV) -3.9%.

Which company is more profitable?

Cronos (CRON) has the highest net margin (Cresco Labs (CRLBF) -16.1%, Cronos (CRON) 29.6%, Trulieve Cannabis (TRLV) -41.6%). On return on invested capital, Cresco Labs (CRLBF) leads (Cresco Labs (CRLBF) -4.4%, Trulieve Cannabis (TRLV) -24.2%).

Which stock has performed better?

Over the past year Trulieve Cannabis (TRLV) returned the most: Cresco Labs (CRLBF) -50.0%, Cronos (CRON) +36.8%, Trulieve Cannabis (TRLV) +45.6%. Over five years, Cronos (CRON) compounded fastest (Cresco Labs (CRLBF) -39.3%/yr, Cronos (CRON) -8.5%/yr, Trulieve Cannabis (TRLV) -16.1%/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) 122.7%, Cronos (CRON) 39.4%, Trulieve Cannabis (TRLV) 102.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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 5. 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.