Canopy Growth (CGC) FCF Margin (2019 - 2026)
Canopy Growth's FCF Margin came in at -25.65% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 12.54 percentage points from -13.12% a year earlier and down 11.23 percentage points from the prior quarter.
Canopy Growth (CGC) FCF Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Canopy Growth reported FCF Margin of -22.17%, up 17.43 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at -19.93%, up 36.30 percentage points from FY2025.
- FCF Margin has increased in each of the last three fiscal years, with a five-year change of +83.86 percentage points (FY2021 to FY2026).
- Going back by fiscal year, FCF Margin was -56.24% in FY2025 (+26.74 pp), -82.98% in FY2024 (+65.65 pp), -148.63% in FY2023 (-40.28 pp) and -108.35% in FY2022 (-4.56 pp).
- The five-year range for quarterly FCF Margin is -180.94% (fiscal Q4 2023) to -13.12% (fiscal Q1 2026).
- Year-over-year, FCF Margin increased in six of the last eight quarters, with an average year-over-year change of +20.57 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in fiscal Q4 2024 (a gain of 162.28 percentage points), and the weakest in fiscal Q4 2022 (a drop of 71.75 percentage points).
- Business Quant data shows CGC's FCF Margin at -14.43% (Q4 2026), -25.54% (Q3 2026) and -28.80% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 45.68% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 10.83% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | -6.05% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -6.24% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 11.86% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 2.87% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 31.55% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 18.35% |
| 10 | Canopy Growth | 393.41 Mn | -613.77 Mn | 16.08 Mn | -25.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.65% |
| Mar 31, 2026 | -14.43% |
| Dec 31, 2025 | -25.54% |
| Sep 30, 2025 | -28.80% |
| Jun 30, 2025 | -13.12% |
| Mar 31, 2025 | -32.94% |
| Dec 31, 2024 | -37.69% |
| Sep 30, 2024 | -89.60% |
| Jun 30, 2024 | -84.12% |
| Mar 31, 2024 | -18.66% |
| Dec 31, 2023 | -42.20% |
| Sep 30, 2023 | -114.00% |
| Jun 30, 2023 | -169.91% |
| Mar 31, 2023 | -180.94% |
| Dec 31, 2022 | -150.29% |
| Sep 30, 2022 | -134.83% |
| Jun 30, 2022 | -120.34% |
| Mar 31, 2022 | -155.53% |
| Dec 31, 2021 | -108.59% |
| Sep 30, 2021 | -69.58% |
Canopy Growth FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();