Cronos (CRON) FCF Margin (2019 - 2026)
Cronos (CRON) recorded FCF Margin of 31.55% in Q2 2026, up 33.85 percentage points from -2.30% a year earlier and up 16.24 percentage points from the prior quarter.
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Analysis
Cronos (CRON) FCF Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Cronos' FCF Margin came in at 21.04% as of Jun 30, 2026, up 26.23 percentage points year-over-year; for FY2025, it was 0.08%, down 3.90 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +324.41 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 3.97% in FY2024 (+41.67 pp), -37.70% in FY2023 (+46.84 pp), -84.54% in FY2022 (+122.42 pp) and -206.95% in FY2021 (+117.38 pp).
- The Q2 2026 figure is the highest quarterly FCF Margin since Q4 2023.
- On a year-over-year basis, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of +5.58 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 245.95 percentage points in Q1 2022, against a drop of 64.90 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.30% (Q1 2026), 16.61% (Q4 2025) and 18.08% (Q3 2025).
Peer Set
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 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | 8.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.55% |
| Mar 31, 2026 | 15.30% |
| Dec 31, 2025 | 16.61% |
| Sep 30, 2025 | 18.08% |
| Jun 30, 2025 | -2.30% |
| Mar 31, 2025 | -41.42% |
| Dec 31, 2024 | 10.14% |
| Sep 30, 2024 | 11.09% |
| Jun 30, 2024 | 2.62% |
| Mar 31, 2024 | -11.11% |
| Dec 31, 2023 | 45.87% |
| Sep 30, 2023 | -0.51% |
| Jun 30, 2023 | -47.55% |
| Mar 31, 2023 | -182.64% |
| Dec 31, 2022 | -85.13% |
| Sep 30, 2022 | -54.68% |
| Jun 30, 2022 | -69.34% |
| Mar 31, 2022 | -117.74% |
| Dec 31, 2021 | -169.29% |
| Sep 30, 2021 | -137.39% |
API Access
Cronos 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=CRON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CRON", "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=CRON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();