Curaleaf Holdings (CURLF) Return on Invested Capital [ROIC] (2020 - 2026)
Curaleaf Holdings' Return on Invested Capital [ROIC] was 0.73% in Q3 2026, down 0.54 percentage points from 1.28% a year earlier and down 0.30 percentage points from the prior quarter.
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Analysis
Curaleaf Holdings (CURLF) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Curaleaf Holdings came in at 1.86%, up 0.25 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +1.86 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 1.61% in FY2024 (-0.81 pp), 2.42% in FY2023 (-0.90 pp), 3.33% in FY2022 (+0.05 pp) and 3.28% in FY2021 (+3.28 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for three straight quarters, with an average year-over-year change of +0.32 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2021 (a gain of 2.13 percentage points); the worst was Q1 2023 (a drop of 6.46 percentage points).
- Per Business Quant data, CURLF's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 1.03% (Q2 2026), 1.25% (Q1 2026) and 1.91% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.93 Bn | 277.93 Bn | 7.85 Bn | 32.08% |
| 2 | British American Tobacco p.l.c | 131.51 Bn | 107.88 Bn | - | - |
| 3 | Altria | 125.63 Bn | 112.56 Bn | 3.94 Bn | 38.67% |
| 4 | Curaleaf Holdings | 2.40 Bn | 2.02 Bn | 170.48 Mn | 0.73% |
| 5 | Trulieve Cannabis | 2.11 Bn | 725.26 Mn | 162.29 Mn | -24.18% |
| 6 | RLX Technology | 1.95 Bn | -1.82 Bn | 52.74 Mn | 3.63% |
| 7 | Green Thumb Industries | 1.45 Bn | 222.77 Mn | 146.79 Mn | 1.79% |
| 8 | Cronos | 1.38 Bn | -1.90 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.26 Bn | 364.16 Mn | 93.70 Mn | 9.05% |
| 10 | Tilray Brands | 382.22 Mn | -585.28 Mn | 77.51 Mn | -4.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.73% |
| Jun 30, 2026 | 1.35% |
| Mar 31, 2026 | 1.59% |
| Dec 31, 2025 | 2.25% |
| Sep 30, 2025 | 1.07% |
| Jun 30, 2025 | 1.43% |
| Mar 31, 2025 | 1.53% |
| Dec 31, 2024 | 1.68% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 1.30% |
| Mar 31, 2024 | 0.78% |
| Dec 31, 2023 | 0.27% |
| Sep 30, 2023 | -0.13% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 5.03% |
| Jun 30, 2022 | 5.41% |
| Mar 31, 2022 | 6.46% |
| Dec 31, 2021 | 6.22% |
API Access
Curaleaf Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CURLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CURLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();