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 | 302.85 Bn | 281.83 Bn | 7.85 Bn | 32.08% |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | 38.67% |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | 3.63% |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | 0.73% |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | -12.16% |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | -28.97% |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 1.79% |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | - |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn | 7.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.73% |
| Jun 30, 2026 | 1.03% |
| Mar 31, 2026 | 1.25% |
| Dec 31, 2025 | 1.91% |
| Sep 30, 2025 | 1.28% |
| 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();