Curaleaf Holdings (CURLF) Invested Capital (2019 - 2026)
Curaleaf Holdings' Invested Capital was $1.48 billion in Q2 2026, down 9.8% from $1.64 billion a year earlier and down 6.6% from the prior quarter.
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Analysis
Curaleaf Holdings (CURLF) Invested Capital (2019 - 2026) Analysis & Trends
For FY2025, Invested Capital at Curaleaf Holdings came in at $1.51 billion, down 7.6% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- In earlier years, Invested Capital was $1.63 billion in FY2024 (-11.7%), $1.85 billion in FY2023 and $2.16 billion in FY2021 (+37.7%).
- The Q2 2026 figure marks the lowest quarterly Invested Capital since Q1 2024.
- The best year-over-year quarter for Invested Capital over five years was Q4 2021 (growth of 37.7%); the worst was Q3 2023 (a decline of 16.7%).
- Per Business Quant data, CURLF's Invested Capital in the three quarters before Q2 2026 was $1.58 billion (Q1 2026), $1.51 billion (Q4 2025) and $1.56 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn | 40.53 Bn |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - | 154.98 Bn |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn | 21.91 Bn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn | 1.48 Bn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 2.32 Bn |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn | 859.48 Mn |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn | 2.14 Bn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn | 748.17 Mn |
| 10 | Verano Holdings | 783.43 Mn | 457.05 Mn | 99.70 Mn | 1.07 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.48 Bn |
| Mar 31, 2026 | 1.58 Bn |
| Dec 31, 2025 | 1.51 Bn |
| Sep 30, 2025 | 1.56 Bn |
| Jun 30, 2025 | 1.64 Bn |
| Mar 31, 2025 | 1.58 Bn |
| Dec 31, 2024 | 1.63 Bn |
| Sep 30, 2024 | 1.72 Bn |
| Jun 30, 2024 | 1.76 Bn |
| Mar 31, 2024 | -48.26 Mn |
| Dec 31, 2023 | 1.85 Bn |
| Sep 30, 2023 | 1.88 Bn |
| Jun 30, 2023 | 1.97 Bn |
| Mar 31, 2023 | 2.04 Bn |
| Sep 30, 2022 | 2.25 Bn |
| Jun 30, 2022 | 2.29 Bn |
| Mar 31, 2022 | 2.28 Bn |
| Dec 31, 2021 | 2.16 Bn |
| Sep 30, 2021 | 2.12 Bn |
| Jun 30, 2021 | 2.16 Bn |
API Access
Curaleaf Holdings Invested Capital 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=invested-capital&ticker=CURLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "CURLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=CURLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();