Sndl (SNDL) EBITDA Margin (2019 - 2026)
Sndl (SNDL) reported EBITDA Margin of 2.61% for Q2 2026, down 5.14 percentage points from 7.74% a year earlier but up 0.05 percentage points from the prior quarter.
Powered by 
Analysis
Sndl (SNDL) EBITDA Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Sndl's EBITDA Margin came in at 4.29%, down 0.80 percentage points year-over-year; for FY2025, it was 5.27%, up 10.39 percentage points from FY2024.
- EBITDA Margin has increased for five consecutive years, with a five-year change of +242.34 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at -5.12% in FY2024 (+5.69 pp), -10.81% in FY2023 (+30.37 pp), -41.18% in FY2022 (+143.45 pp) and -184.62% in FY2021 (+52.45 pp).
- Five-year quarterly EBITDA Margin spans a low of -103.00% in Q1 2022 and a high of 190.66% in Q4 2021.
- Year over year, EBITDA Margin gained in four of the last eight quarters, with an average year-over-year change of +4.86 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q2 2022 (a gain of 511.26 percentage points); the low point was Q4 2022 (a drop of 243.96 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.55% (Q1 2026), 10.26% (Q4 2025) and 1.20% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 45.06% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 52.23% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 15.53% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 13.86% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -127.26% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 17.33% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 15.27% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | - |
| 10 | Sndl | 358.17 Mn | -285.95 Mn | 40.74 Mn | 2.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.61% |
| Mar 31, 2026 | 2.55% |
| Dec 31, 2025 | 10.26% |
| Sep 30, 2025 | 1.20% |
| Jun 30, 2025 | 7.74% |
| Mar 31, 2025 | 1.04% |
| Dec 31, 2024 | 17.11% |
| Sep 30, 2024 | -1.92% |
| Jun 30, 2024 | 4.08% |
| Mar 31, 2024 | 5.15% |
| Dec 31, 2023 | -31.56% |
| Sep 30, 2023 | 0.09% |
| Jun 30, 2023 | -6.42% |
| Mar 31, 2023 | -7.30% |
| Dec 31, 2022 | -53.31% |
| Sep 30, 2022 | -32.85% |
| Jun 30, 2022 | -31.15% |
| Mar 31, 2022 | -103.00% |
| Dec 31, 2021 | 190.66% |
| Sep 30, 2021 | -89.55% |
API Access
Sndl EBITDA 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=ebitda-margin&ticker=SNDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "SNDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();