Curaleaf Holdings (CURLF) Debt to Equity (2019 - 2025)

Curaleaf Holdings (CURLF) recorded quarterly Debt to Equity of $0.68 in Q4 2025, up 24.21% quarter-over-quarter from $0.55 in Q4 2024, and up 24.21% on a YoY basis from $0.55 in Q4 2024.

Curaleaf Holdings (CURLF) Debt to Equity (2019 - 2025) Analysis & Trends

Curaleaf Holdings' Debt to Equity history runs 7 years deep, the most recent figure standing at $0.68 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 24.21% year-over-year to $0.68; the TTM figure through Dec 2025 stood at $0.68 (up 24.21% YoY), while the FY2025 annual figure was $0.68, up 24.21% from the prior year.
  • Debt to Equity was $0.68 for Q4 2025 at Curaleaf Holdings, up from $0.55 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $208.78 in Q1 2021 to a low of $0.0 in Q3 2022.
  • Historically, Debt to Equity has averaged $42.26 across 5 years, with a median of $0.48 in 2024.
  • The sharpest annual moves came in 2021 and 2022: Debt to Equity soared 95475.67% in 2021, then slumped 100.0% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $0.1 in 2021, then slumped by 98.87% to $0.0 in 2022, then surged by 46833.73% to $0.53 in 2023, then advanced by 2.4% to $0.55 in 2024, then increased by 24.21% to $0.68 in 2025.
  • The last three Debt to Equity figures came in at $0.68 (Q4 2025), $0.55 (Q4 2024), and $0.49 (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 2.02
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 2.80
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn -
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn -
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 0.61
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 0.86
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 0.47
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn -
10 Curaleaf Holdings - - 157.29 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.68
Dec 31, 2024 0.55
Sep 30, 2024 0.49
Jun 30, 2024 0.47
Dec 31, 2023 0.53
Sep 30, 2023 0.24
Jun 30, 2023 0.22
Sep 30, 2022 0.00
Jun 30, 2022 0.00
Mar 31, 2022 0.32
Dec 31, 2021 0.10
Sep 30, 2021 193.12
Jun 30, 2021 186.19
Mar 31, 2021 208.78
Dec 31, 2020 0.23
Sep 30, 2020 0.20
Dec 31, 2019 0.26